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11Alexandr11 [23.1K]
3 years ago
15

Review and evaluate is an important step in the risk management process because conditions change and mistakes may be identified

. it is nearly impossible to evaluate risk effectively. of the challenges in identifying small business risks. of the difficulty in selecting effective methods.
Business
1 answer:
Nitella [24]3 years ago
6 0

Answer:

Conditions change and mistakes may be identified.

Explanation:

Risk Management process refers to formulation and implementation of those decisions which can mitigate the possibility of pure risk events and minimize the losses arising out of accidental events.

Pure risk events refer to those those events, the occurrence of whose can only result into losses or no losses and there can be no possibility of gains.

Risk management process is devised to access the risks and evaluate their possibilities of occurrence and if possible reduction of those risks and events to the minimal so as to minimize the possibility of losses which may arise due to them.

Review and evaluation step in risk management process relates to analyzing and evaluating the activities of a risk management process so that mistakes and errors maybe identified when the conditions change.

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If stock prices are expected to drop dramatically, then, other things equal, the demand for stocks will ________ and that of tre
SashulF [63]

Hello there

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decrease

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increase

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5 0
3 years ago
What is allowable self-employment plan contributions.
matrenka [14]
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4 0
2 years ago
The rule of law is important because it _______. In regard to governments, the rule of law _______.
blondinia [14]
Blank 1. Protect citizens from crime and justice
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7 0
3 years ago
Vasco Company purchased equipment on January 1, 2001 at a purchase price of $50,000. Vasco paid $2,500 in shipping costs on the
Lynna [10]

Answer:

The amount of depreciation expense is $3,871.86.

Explanation:

Sum-of-the-years digits method is determined by: (Remaining useful life/Sum of the years' digits) x Depreciable cost.

Depreciable cost = Cost - Salvage value

Depreciable cost = $50,000 + $2,500 - $5,000 = $47,500

Insurance premium is usually for a period of 1 year. This will be treated as prepayment instead of being added to the cost of the equipment. Shipping cost is added based on the recommendation of IAS 16 Property, Plant and Equipment.

Depreciation expense = 6/21 x $47,500 = $13,571.43 for Year 2001

Depreciation expense = 5/21 x $47,500 = $11,309.52 for Year 2002

As at December 2002, the accumulated depreciation will be $13,571.43 + $11,309.52 = $24,880.95; so, net book value is $52,500 - $24,880.95 = $27,619.05.

Change in estimate: 8/55 x $27,619.05 - $1,000 = $3,871.86.

55 = 10+9+8+7+6+5+4+3+2+1

7 0
3 years ago
Consider the Northern California territory of Nova generates a sales revenue of $320,000 with four salespeople. The territory ac
antoniya [11.8K]

Answer: e)5% and $80,000

Explanation:

$320,000 was generated by the salespeople in this territory.

This territory comprises 10% of a $64 million market.

Territory comprises of = 10% * 64,000,000 = $6,400,000

Their market share is therefore;

= \frac{320,000}{6,400,000} * 100%

= 5%

Four people made sales of $320,000.

Their productivity = \frac{320,000}{4}

= $80,000

8 0
3 years ago
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