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Mkey [24]
3 years ago
10

When does a company need to identify mission-critical business functions and quantify the impact a loss of such functions may ha

ve on the organization in terms of its operational and financial position, what should be performed
Business
1 answer:
Whitepunk [10]3 years ago
3 0

Answer: Business Impact Analysis

Explanation:

Business Impact Analysis should be carried out at least once every two years. It may be longer for some business while for some businesses such as banks, one year is ideal.

A Business Impact Analysis examines the effects a disruption in normal business activities due to unforeseen events such as disasters would have on a business so as to determine the strategies to put in place to mitigate or prevent the worst of these possible outcomes.

Recovery strategies can include how to handle loss of income, higher expenses or displeased customers among others.

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Purposely understaffing customs offices to cause time delays, requiring special licenses that take a long time to obtain, and re
crimeas [40]

Answer: B Administrative delays

Explanation:

Administrative delay means: any Governmental Entity’s failure to act within a reasonable time, in keeping with standard practices for such Governmental Entity, or within the time contemplated in the Interagency Cooperation Agreement, the Planning Cooperation Agreement, any of the Land Acquisition Agreements, the Tax Allocation Agreement, any Acquisition and Reimbursement Agreement.

7 0
3 years ago
Read 2 more answers
A bank advertises a 3/1 ARM at 4.65% with a 3/9 cap. . . What is the maximum interest rate that can be charged during the fifth
IRINA_888 [86]
<span>"a 3/1 ARM" means starting at a fixed interest rate for the first 3 years and the interest rate will adjust every year after the first three years  up to the part where it mentions a "3/9 cap". This on the other hand tells us that the increase will be 3% each time there is an interest rate increase and the max increase is 9%. Hence the answer is 9%</span>
8 0
3 years ago
Raby, Inc. acquires all of the outstanding stock of Fletcher Corporation on January 1, 2017. At that date, Fletcher owns only th
Nina [5.8K]

Answer:

D. $285,000

Explanation:

When a company is acquired by another company, the parent company (the new owner) must report the assets at fair market value - amortization.

FV = $300,000

amortizable value = $100,000

depreciation for 3 years (2017, 2018 and 2019) = ($100,000 / 20) x 3 = 415,000

reported value = $300,000 - $15,000 = $285,000

6 0
3 years ago
Green Corporation has current earnings and profits of $100,000 and negative accumulated earnings and profits of ($200,000). A $5
Sphinxa [80]

Answer:

False

Explanation:

Green's distribution of $50,000 in to its sole shareholder at the end of the year should be treated as a dividend because Green's total earnings and profits for the year were $100,000.

A distribution from a corporation to a shareholder  can only be treated as a dividend when the corporation made a profit during the current year, or has positive accumulated earnings and profits.

5 0
3 years ago
Good Firm is highly profitable and will grow rapidly in the future. Bad Firm faces the same risks but barely makes a profit and
RideAnS [48]

Answer: B.both stocks are equally good investments

Explanation:

The options are;

A.it is better to buy shares in Bad Firm

B.both stocks are equally good investments

C.it is better to buy shares in Good Firm

D.both stock prices react equally to the same information

From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.

3 0
3 years ago
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