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Leviafan [203]
3 years ago
12

To assess risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Check all tha

t apply.
A. What can go wrong?
B. What are the alternatives?
C. Is risk avoidable?
D.What is the likely return?
E. Is the risk worth the return?
Business
2 answers:
AleksAgata [21]3 years ago
5 0
The practical questions that a buyer should ask are: -What can go wrong? And -Is the risk worth the return? These questions are very deep that can help the buyer in his or her decisions in purchasing a product. These are critical questions that must be answered by the seller because these questions will test if the product is worth to pay. <span>
</span>
vaieri [72.5K]3 years ago
4 0
I believe the answer is: 

- What can go wrong?
This question is asked to find out the potential risk that may occur after purchasing the product.

- What is the likely return?
This question is asked to find out potential benefit from consuming the product

-Is the risk worth the return?
<span>The purchase should be made only if the potential benefit would outweigh potential risk

</span>
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Immediately after a hurricane, it is likely that the quantity demanded for tree cutting/removal services will ______ the quantit
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Explanation:

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3 years ago
Kenny is concerned that the amount of spam he is receiving is making him less productive at work. He knows that the
Vsevolod [243]

Answer:

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5 0
2 years ago
michael was on the abc accounting firm's audit team for the rasmussen corporation audit. rasmussen's officers were so impressed
nirvana33 [79]

In order to preserve independence, Michael must "Remove himself from the engagement as he considers the offer." (Option B). It is to be noted that this is an internal control problem.

<h3>What is Independence in this case?</h3>

The absence of situations that jeopardize the internal audit activity's capacity to carry out internal audit tasks objectively is called Independence.

Practically, independence is achieved by ensuring that the internal audit activity has no management control for any of the organization's non-audit functions that are subject to internal audit assessments, and by distancing the internal audit activity's management from the functional oversight of the organization's senior management.

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Full Question:

Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?

A) Tell his superiors as soon as he has decided whether or not to accept the offer.

B) Remove himself from the engagement as he considers the offer.

C) Pray for divine guidance.

D) If he decides to reject the offer, remove himself permanently from the engagement.

6 0
2 years ago
A publishing company has estimated the following cost probability distribution for the next year. What is the expected cost to t
Nitella [24]

Answer: $595

Explanation:

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= $595

3 0
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