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3 years ago

What is pure risk? HELLPPP PLEASE

Business

2 answers:

Colt1911 [192]3 years ago

6 0

Answer:

Pure risk

Explanation:

To the best of knowledge, will it is a situation one finds him/herself in and doesn't know how to solve the issue but has only one possible outcome if it truly happens; which could be danger.

kozerog [31]3 years ago

6 0

Answer:

Pure risk is a risk that every company runs and that is beyond human control, such as fire, floods, gales, earthquakes, among others.

Explanation:

Pure risk is a risk that every company runs and that is beyond human control, such as fire, floods, gales, earthquakes, among others. These risks are those in which there is no possibility of profit for the company, that is, their consequences will always be negative. This is the case, for example, with accidents.

Assessing the chance of an event occurring and its possible consequences is essential to establish a prevention strategy that prioritizes the most likely or potentially most serious risks.

It will tell you what measures need to be taken to avoid the problem, in addition to helping to establish emergency plans. It can also be used, for example, to assess the need to take out insurance to cover possible losses.

In order for this classification of priority risks to be carried out, the risk analysis must use criteria for the classification and classification of events.

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Sally Smith incurred expenses of $800 in June which she paid in July. She declared these expenses on her June income statement.

Nitella [24]

Answer:

Accrual

Explanation:

The accounting principle of accrual means that you should register something when the fact that origins the right for the future payment/collecting occurs. It does not matter if the payment is done later, the fact that made you to pay was already done, so we apply accrual and say we already owe that money that we pay later.

In this example, Sally used the principle of accrual for the things in June that she later paid in July... but her expenses were origined in June, so they apply to June.

6 0

3 years ago

Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expense

irina [24]

Answer:

The answer is C) 1.25

Explanation:

Operating Leverage= (operating income + fixed expenses) / operating income

Operating Leverage= ($7,200 + $1,800) / $7,200= 1.25

5 0

3 years ago

ABC Company has a cash balance of $9,000 on April 1. The company must maintain a minimum cash balance of $6,000. During April ex

german

I think this may be C

7 0

3 years ago

How can you get your money back if you send a p2p payment to the wrong person?.

gladu [14]

When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.

<h3>What is P2P Payment?</h3>

P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.

When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.

Learn more about P2P Payment here:

brainly.com/question/25107350

7 0

2 years ago

The Federal Reserve purchases $8 million in U.S. Treasury bonds from a bond dealer, and the dealer's bank credits the dealer

Zinaida [17]

Answer:

The bank will be able to lend:

$42,105,263 ($8 million/ 0.19)

Explanation:

The above amount which the bank can lend from the $8 million received from the Federal Reserve for a customer is a function of $8 million deposit in a customer's account and the reserve ratio. This is called the money multiplier.

The money multiplier is the amount of money that banks generate with each dollar of reserves. Reserves is the amount of deposits that the Federal Reserve requires banks to hold and not lend. The level of Reserves and deposit liabilities determine the amount a bank can lend out.

The process by which banks create more money than the physical money is called money creation. This shows that a bank creates more money in the economy through its lending activities.

6 0

3 years ago