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Inessa [10]
3 years ago
13

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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Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throu
tiny-mole [99]

Answer:

Equivalent units : Direct materials = 916,000 units and Conversion = 895,900 units

Explanation:

Calculation of equivalent units of production with respect to direct materials and conversion.

1. Direct Material

Ending Work In Process Inventory (201,000 × 100%)                 = 201,000

Completed and Transferred Out (715,000 × 100 %)                    = 715,000

Equivalent units of production with respect to direct materials = 916,000

2. Conversion

Ending Work In Process Inventory (201,000 × 90%)                   = 180,900

Completed and Transferred Out (715,000 × 100 %)                    = 715,000

Equivalent units of production with respect to direct materials = 895,900

3 0
3 years ago
Warren Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost $800
nadezda [96]

Answer:

Option (C) is correct.

Explanation:

Here, we are using the double declining-balance depreciation method:

Given that,

Building cost = $800,000

Estimated residual value of the building = $50,000

Expected useful life = 25 years

Annual depreciation rate as per straight line method:

= 100 ÷ 25 years

= 4% per year

Hence, depreciation as per double decline balance method:

= 2 × Annual depreciation rate as per straight line method × Beginning value of each period

In year 1,

Ending value = Beginning value - Depreciation

                      = $800,000 - (2 × 4% × $800,000)

                      = $800,000 - $64,000

                      = $736,000

In year 2,

Depreciation = 2 × 4% × $736,000

                      = $58,880

5 0
3 years ago
Jamie is considering leaving her current job, which pays $75,000 per year, to start a new company that develops applications for
Ket [755]

Answer:

Accounting costs $145,000

Implicit costs $75,000

Opportunity costs $220,000

Explanation:

What her accounting cost will be during the first year of operation.

Based on the information given we were told that the annual overhead costs and operating expenses amounted to the amount of $145,000 which means that the amount of $145,000 will be the ACCOUNTING COSTS

Her IMPLICIT COSTS will be the amount of $75,000 which is the amount she earn in her current job per year.

Her OPPORTUNITY COSTS be the addition of both her Her accounting cost and implicit costs

Hence,

Opportunity cost=$145,000+$75,000

Opportunity cost=$220,000

4 0
3 years ago
You’ve been asking students to watch short videos for homework instead of reading the textbook. Students seem to be prepared for
patriot [66]

Answer:

The correct answer is the option B: include the video on a slide deck.

Explanation:

To begin with, in the situation where the teacher is trying to encourage the use of the virtual tools instead of the old textbook so therefore the students can do their homework in a way that is more interactive and dynamic then in order to know if they are doing it the teacher should include the video on a slide deck so in that way when they see the video they will have some comprehensive questions to answer and bring to the classroom or to think about and later ask them, so in that way the teacher would be able to know is they are watching or not the videos.

7 0
3 years ago
Read 2 more answers
During 2017, Oriole Company expected Job no. 59 to cost $300000 of overhead, $560000 of materials, and $200000 in labor. Oriole
Readme [11.4K]

Answer:

$165,000

Explanation:

The computation of the amount of over- or underapplied overhead is shown below:

The Predetermined overhead rate is

= Predetermined overhead ÷ direct labor cost

= ($300,000 ÷ $200,000)

= 150% of direct labour cost

Now  

overhead applied is

= (150% × $280,000)

= $420,000

And,  

Actual overhead=$255,000

So,  

overhead overapplied is

= $420,000 - $255,000

= $165,000

5 0
3 years ago
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