The process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called risk assessment.
An entity refers to someone or enterprise owning separate and wonderful prison rights, inclusive of an individual, partnership, or organization. An entity can, amongst different things, personal assets, engage in enterprise, enter into contracts, pay taxes, sue, and be sued.
The entity name is the call used by an enterprise to enter into contracts and make other criminal or administrative commitments. alternatively, the business name is the name your commercial enterprise operates under and shares with its clients, customers, and employees.
That which has a wonderful life as an individual unit. often used for businesses that have no physical shape. An existent something that has the houses of being actual, and having an actual lifestyle.
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The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.
Answer:
Total production= 20,600 units
Explanation:
Giving the following information:
Marvel’s expected sales are 20,000 bookcases for the quarter. The company begins the quarter with an inventory of 3,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 15% of the next quarter’s expected sales of 24,000 bookcases.
Sales= 20,000 units
Ending inventory= (24,000*0.15)= 3,600
Beginning inventory= 3,000 (-)
Total production= 20,600 units
Answer:
The correct answer is option (D) Profits earned in the domestic economy are counted as part of GDP under the resource cost-income approach.
Explanation:
Solution
Gross domestic product (GDP) refers to sum of all value of goods and services manufactured within the geographical border of the country.
Now the investment for plant in carried within the geographical borders of The United States so it will include in GDP as gross domestic capital formation.
Thus the construction of the plant will cause a rise in U.S GDP.
Now this plant produce profit of $250000. profit produced within the economy so it will include in GDP.
These profit will increase US GDP since profits gained in the domestic economy are counted as a part of GDP under the resource cost or operating in income approach.
Explanation:
The interest = PTR/100
So, here P = Principcal
T = time
R = Rate of interest
= 14000 x 6 x 1 / 100 = 840
So interest = 840
So, The amount at the end = Principcal + Interest
= 14000 + 840 = 14840
