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Mrrafil [7]
2 years ago
9

Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insuranc

e
Business
1 answer:
kirill115 [55]2 years ago
7 0

Answer:

<u>Risk Management</u> can be defined as Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insurance

Explanation:

  • Risk Management  identifies the potential risk ,then it prioritizes the risk the business house is exposed to and then it addresses the risk faced by the business houses both in the short-term and the long-Term
  • <u>The risks, could stem from a variety of sources, like financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.</u>
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Surfer sam company produced 4,000 units of product that required 2.5 standard hours per unit. the standard fixed overhead cost p
Svet_ta [14]

The fixed factory overhead volume variance is $400 (unfavorable)

solution

Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead

Applied Fixed Overhead = 4,000 units ×2.5 hrs per unit×$0.80 = $8000

Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000

and

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)

Fixed Overhead Volume Variance = 8000- 8400 = 400 (unfavorable)

3 0
2 years ago
Sheridan considers herself a religious person who attends worship services regularly, but she did not attend worship services fo
shusha [124]

The answer is: averaged over time, Sheridan attends worship services regularly.

When we use principle of aggregation, we would not rely on single measurement to make a representation of a person's behavior. We rely more on multiple sets of measurements.

From the case above, Sheridan not attending the services for two weeks could be explained by things such as personal issues or physical illness. Since she considers herself as religious who attend regularly, it is very likely that averaged over time, Sheridan attends worship services regularly.

8 0
3 years ago
Read 2 more answers
Compare and contrast the U.S. Constitution and the Arizona Constitution. Discuss three findings that account for the significant
marysya [2.9K]

Development, Structure and powers of U.S constitution and Arizona constitution have a huge comparison.

<u>Explanation: </u>

Unlike the United States Constitution, which was embraced in 1787, that wasn't until 1912 that perhaps the Arizona Constitution was accepted, leading to the creation of the 48 states

The common terms,' we the people' all constitutions begin with, but include many different things. After all, there were certain differences between one condition and another for a set of fifty.

The Arizona Constitution states that the legislature must be split into three parts-Legislative, Legislative and executive–which are not applicable to the United States Constitution

Many think of forms to deny or expel someone from office. They will enforce them in both Constitutions. All define the qualifications for their office if they would like to run for office. Another connection that I found was apparent but significant nonetheless.

They both mention the theme of religious liberty, one of the most valuable values in our society. Eventually, both inspire their lawmakers to negotiate with them.

5 0
3 years ago
Fountain Co. is constructing an office building for its own use. Fountain started the two-year construction project on April 1,
dybincka [34]

Answer:

The answer is:

$105,000 (B)

Explanation:

The weighted average accumulated expenditure (WAAE) is the average depth that is incurred during a business year. It is a combination of the amount spent in asset construction purposes and if loans were taken, the interest rate that accumulated within that same time period.

Next, you have to know what interest capitalization is; Interest capitalization is the accumulated interest on on borrowed amount for construction assets that are for future use.

Next, we nee to know what Capitalization period is; it is the period during which interest costs are incurred on amounts spent to construct an asset in progress. Interests are capitalized during construction until the asset is ready for its intended use. For the purpose of calculation, it is represented as the period of time for which the depth will be incurred over the construction year. for example for a year starting in January 1 to December 31, if $200,000 was borrowed, the capitalization period will be represented as "12/12" meaning that the incurred debt was owed for 12 out of 12 monts, if the same amount was borrowed in May, capitalization period will be represented as "8/12"meaning that the interest was owed for 8 out of 12 months. Now, for our example, the construction year began on April 1 and ended on December 31 (8 months), hence the capitalization periods for the amount taken in April one is "8/8", for July 1 is "5/8" and October 1 is "2/8", meaning that in October the debt was incurred for 2 out of 8 months.

So to calculate the weighted average accumulated expenditure, we need to know; the date of the transaction, the expenditures made, and the capitalization period.

Hence the WAAE is calculated as Actual Expenditure ×  Capitalization Period which is written thus:

                       

Date          Actual Expenditure          Capitalization period        WAAE

April 1         $30,000                                   8/8                            $30,000

July 1          $60,000                                   5/8                            $37,500

October 1   $ 150,000                                 2/8                           $37,500

Total                                                                                              $105,000

6 0
3 years ago
Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?.
irakobra [83]

Answer: trade balance of zero

Explanation:Trade deficits can be a good or a bad sign for an economy, and trade surpluses can be a good or a bad sign. Even a trade balance of zero—which just means that a nation is neither a net borrower nor lender in the international economy—can be either a good or bad sign.

7 0
2 years ago
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