Answer:
C. Ethnocentrism
Explanation:
Ethnocentrism is defined as the evaluation of other cultures according to preconceived ideas that originate in the standards and customs of one's own culture.
In this case Sridhar is sensitive to the idea that his classmates will evaluate what he says because of the preconceptions they have.
Answer:
debit cost income is $23000
Explanation:
given data
discounts = $100
sold = $22,000
expenses = $1,100
to find out
The second entry in the closing process
solution
we know that sale discount is $100 and other expensive is $1100
so total debit cost income is in 2nd entry would be here $100 +$1100 + good sold
so we say in 2nd entry
debit cost income = $1200 + $22000
debit cost income is $23000
Answer:
Risk analysis is the management and control and assessment of risk to a firm.
Explanation:
- A risk is a likelihood that a project will fall to meet its objectives. A project risk s a certain event or condition. Risk management focuses on identifying and assessing the risks of the project to minimize the impacts.
- Some of the management tools to manage risks are to plan risk management, risk identification, perform a quantitative risk analysis. Risk audits, meetings, reserve analysis, variance, and trend analysis, etc.
- Compute the risk to the stakeholders and monitor and control the risks. Check for incidence and determine future outcomes.
The wealth effect refers to the fact that when the price falls, the real value of household wealth rises and consumption will also rise. The wealth effect causes movement along the demand and supply curve due to the value of money and items changing. The wealth effect is used to determine people spending more money when the value of their assets rise.
