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Valentin [98]
3 years ago
15

An entity determined that its variable interest rate on borrowing will increase significantly in the near future. Consequently,

the entity hedged its variable by locking in a fixed rate for the relevant period. According to COSO, this decision is which type of response to risk?
Social Studies
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

Sharing

Explanation:

COSO is non profit organisation. It has its head quarter at New York. COSO stands for Committee of Sponsoring Organizations of the Treadway Commission.

It is combined initiative to fight against corporate fraud.  

Given : "An entity determined that its variable interest rate on borrowing will increase significantly in the near future. Consequently, the entity hedged its variable by locking in a fixed rate for the relevant period."

Now according to COSO, this decision is a type of 'sharing' response to risk.

Thus the answer is sharing.

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The professor teach the student to do this by telling them to first submit a topic statement, then a list of references, then a draft of the introduction before eventually finish the content.

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The stage of the product life cycle that encompasses rapidly rising sales, very high profit levels, and a growing number of competitors is <u>Growth Stage.</u>

<h3>What do you mean by Product Life Cycle?</h3>

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Learn more about Product life cycle, refer to the link:

brainly.com/question/7510515

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Explanation:

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