This business risk is known as the operational risk. The operational risk is a possibility of loss resulting from a failed operational procedures, systems, and policies. Adequate procedures, systems, and policies must have been made to control and monitor the flow of a company's business operation<span>.</span>
Answer:
$32
Explanation:
The incremental cost:
Direct materials +Direct labor +Variable manufacturing overhead
$12 + $8 + $12 = $32
The maximum price Olive Corp. should pay the outside supplier is $32.
Fixed manufacturing overhead was not included because it is not relevant to the decision.
Answer:
d. license
Explanation:
Software license -
It refers to the legal information , that claims for the usage of the particular softwares , is referred to as software license .
Using any software without the proper license , is an illegal practice .
All the software consists of a copyright protection , which disables the people from illegally copying or using the software .
Hence , from the given scenario of the question ,
The correct answer is d. license .
In economics, there is a formula to predict the growth of money value with time. When dealing with simple interest, the formula is
F = P(1+in), where F is the future worth, P is the present worth, i is the annual interest rate, and n is the amount of time, commonly in terms of years. Substituting to the formula,
F = $23,000(1+0.08*15)
F = $50,600
Answer:
Fiscal policy is the strategy to use government's expenditure and taxation to affect economic variables. It is designed by the government to affect consumption and spending.
Explanation:
Fiscal policy is government's attempt to affect economy through the instruments of spending and taxes. Fiscal policy can be expansionary, contractionary and neutral.
Fiscal policy is formulated by the government.
It is designed to affect consumption and spending in the economy.
In case of recession, the government can adopt expansionary fiscal policy.
On the other hand, in case of inflation, contractionary fiscal policy is adopted.
