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3 years ago

Responsibilities of a company's management in terms of risks include:

1 answer:

3 0

Designing and implementing an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occur
Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company
Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
Establishing the level of risk the company are willing to take
Preparing risk management and insurance budgets
Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
Explaining the external risk posed by corporate governance to stakeholders
Creating business continuity plans to limit risks
Implementing health and safety measures, and purchasing insurance
Conducting policy and compliance audits, which will include liaising with internal and external auditors
Maintaining records of insurance policies and claims
Reviewing any new major contracts or internal business proposals
Building risk awareness amongst staff by providing support and training within the company

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What recent StuffDot actions have added to its user-friendliness

8090 [49]

Answer:

In simple words, The stuffdot recently undergone several measures to render it app friendlier. Both systems, whether browsers or Android or iOs, have the same functionality introduced through stuffdot. The app will now utilise stuffdot wherever, every time.

We also now introduced additional categories of apps such as store page, browse stores, and offers on dotting as well as incentive status that are categorised into lifelong, uncollected, and existing incentives. Thus all these additional versions made this same stuffdot user-friendlier.

5 0

3 years ago

Bethany Richards is a book rep. She sells books to schools and libraries. She earns a 9 percent commission on every book she sel

Zanzabum

Answer:

The correct answer is: $284.10.

Explanation:

The percentage of a number represents a part of it. Typically percentages are used when a certain amount of money is to be paid out of another amount because of services being provided or for using the money as instruments of investments like bank loans.

In Bethany Richards' case, she receives 9% in commissions for all the books she sales. Then,

Total amount for books sold = $963.25 + $742.00 + $614.35 + $837.10

Total amount for books sold = $3156.70

Thus,

Bethany's monthly commission = $3156.70 x (9%)

Bethany's monthly commission = $284.10

6 0

3 years ago

The number and magnitude of decisions and problems that must be addressed during an emergency are a direct outgrowth of: A. The

konstantin123 [22]

Answer:

The correct option is B.

Explanation:

Emergency managers and planners are professionals, who are experts in the art of analyzing problems, making appropriate decisions and taking necessary actions that will solve the problems on ground.

The decision making process usually begin before the occurrence of emergency, this is called the planning stage. At this stage, an organization usually make decisions about how it is going to react to certain emergency situations that might occur in the future.

An effective and deliberate planning prior to emergency will greatly enhance the ability of the organization to respond effectively during emergency situations. The number and the size of decisions and problems that need to be addressed during an emergency situation depend largely on the quality of the decisions that were made (or were not made) during the planning process.

7 0

3 years ago

Consider the three mutually exclusive alternatives below. Determine which alternative is preferable at an interest rate of 9% pe

laila [671]

Answer:

a. AW, A($) = 79646

b. AW, B ($) = 29,367

c. AW, C ($) = 80738

Explanation:

Solution:

First of let's sort out the data given for all three alternatives:

Alternative A:

Capital Investment = $400,000

Annual Expense = $189,000

Annual Revenue = $309,000

Salvage Value = $65,000

Life = 24 Years

Alternative B:

Capital Investment = $230,000

Annual Expense = $122,500

Annual Revenue = $222,500

Salvage Value = $180,000

Life = 5 Years

Alternative C:

Capital Investment = $150,000

Annual Expense = $134,000

Annual Revenue = $234,000

Salvage Value = $130,000

Life = 12 Years

AW, A($) = - 400,000 x A/P(9%, 24) + (309,000 - 189,000) + 65,000 x P/F(9%, 24) x A/P(9%, 24)

AW, A($) = - 400,000 x 0.103 + 120,000 + 65,000 x 0.1264 x 0.103

AW, A($) = - 41,200 + 120,000 + 846.25

AW, A($) = 79646

AW, B ($) = -230,000 x A/P(9%, 5) + (222,500 - 134,000)

AW, B ($) = -230,000 x 0.2571 + (222,500 - 134,000)

AW, B ($) = 29,367

AW, C ($) = - 150,000 x A/P(9%, 12) + (234,000 - 134,000) + 130,000 x P/F(9%, 12) x A/P(9%, 12)

AW, C ($) = - 150,000 x 0.1397 + 100,000 + 130,000 x 0.3555 x 0.1397

AW, C ($) = - 20,955 + 100,000 + 1,692.50

AW, C ($) = 80738

7 0

3 years ago

On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the

bezimeni [28]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198

4 0

3 years ago