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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 elections of 1800 were very significant in the history of United states because for the first time there was a shift in power from one party to another as a result of weakening of the federalist party. But there was a tie which made way for the twelfth amendment talking about casting different votes for the post of president and vice president instead of casting two votes for president.

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