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Annette [7]
3 years ago
8

What is the intersection of the assessed probability and severity of a hazard called in the RM process?

Business
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

(1) Assessment

Explanation:

The intersection of the assessed probability and severity of a hazard in the risk management process is called 'risk assessment'

Risks are usually assessed in two broad areas namely: Probability of occurrence and Impact.

Probability of occurrence has to do with the degree of likelihood that a risk will materialize while 'impact' tries to access how much damage the risk is likely to cause, in the event that it materializes.

In summary, risk management usually views risk as a function of probability and impact.

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D. He has a long term liability.

Explanation:

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6 0
4 years ago
82) At the current price of $2, how much does the firm want to produce?
Sedbober [7]

Answer:

84) The equilibrium is the only price where quantity demanded is equal to quantity supplied. At a price above equilibrium, like 1.8 dollars, quantity supplied exceeds the quantity demanded, so there is excess supply.

85) The equilibrium price and quantity are where the two curves intersect. The equilibrium point shows the price point where the quantity that the producers are willing to supply equals the quantity that the consumers are willing to purchase. This is the ideal quantity to supply

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Explanation:

i dont know 82 or 83 sorry

5 0
3 years ago
KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
alukav5142 [94]

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

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7 0
3 years ago
As the accountant for Marston Retail Stores, you must calculate the current ratio for the firm's last accounting period. The fir
I am Lyosha [343]

Answer:

1.5

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Current ratio = current asset/current liabilities

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current assets = $120,000

current liabilities = $80,000

The firm's current ratio = $120,000/$80,000

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5 0
3 years ago
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