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iris [78.8K]
3 years ago
10

A risk is the likelihood of a threat source taking advantage of a vulnerability to an

Business
1 answer:
Citrus2011 [14]3 years ago
5 0

Answer:

B. Residual risks

Explanation:

Residual risks -  

It refers to the amount of risk from any action , which is left after the removal of the inherent risk or the natural risk , is referred to as residual risks.  

The value for the residual risk can be calculated as -  

Residual risk = inherent risk - impact of risk controls.  

Hence , from the scenario of the question,  

The correct term is residual risk .

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The Lynx Manufacturing Company produces components used in electronic toys. In fiscal year 2017, Lynx earned an accounting profi
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Answer:

The correct answer is option B.

Explanation:

In 2017, Lynx earned an accounting profit of $3 million.

Lynx's production facilities might have also been used to produce components for mobile phones, which would have generated $2 million in revenues and saved the company $500,000 in production costs.

The accounting profit involves only explicit costs. While economic profit includes both explicit as well as implicit cost.

Here, the implicit cost is the opportunity cost of producing toys components. Lynx could have earned greater profit if it produced components for mobile phone and also could have saved cost of production.

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Which of the following factors will cause the​ long-run aggregate supply curve to shift to the​ right?
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The Law of Demand states that:
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Answer:

D

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hope it helps to your question

5 0
3 years ago
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Joan Johnson is a paralegal for a large law firm that handles corporate and securities work. The lawyer for whom Joan works alwa
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Answer:

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2. If Joan does not feel confident enough to address the question, then she can refer the matter to her supervisor.

3. If Joan answers, the client will derive immediate satisfaction and will be confident to continue the relationship with the firm.  This is because his awareness that the firm can address his questions is re-enforced.

4. If Joan does not answer the client immediately, the client may feel that the firm's personnel are not well-trained and are unable to handle not-too difficult technical issues.

Explanation:

A firm's clients usually require immediate clarifications whenever they ask their questions.  Therefore, an effective and efficient firm should ensure that its paralegal officers are well-trained and well-informed to handle initial client enquiries while the details are referred to their supervisors.

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3 years ago
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