In risk management, risk evaluation involve Risk resolution. The evaluation process is carried out by management.
<h3 /><h3>What is Risk?</h3>
Risk is the threat of things going wrong or having a negative impact on the operations of the organization. The risk can be of many types including and not limited to audit risk, control risk, credit risk, business risk, inherent risk, financial risk and more.
Risk is evaluated by the management to minimize the effects and mitigate the risk. There are several steps that are performed to analyze the risk and many ways are there to lower the effects of risk.
Risk resolution is the management strategies to analyze the risk and the best ways to mitigate the effects. Transfer the risk, avoid the risk by changing the decision, reduce and accept.
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Deadweight loss is a type of economic inefficiency when a good or service is not at its economic equilibrium (where supply equals demand). This loss may be experienced because of a tax or subsidy, or because of market power, such as a monopoly. Economists refer to deadweight loss when they want to show the negative effects of certain policy decisions that are less than optimal.
Answer: B
Explanation: Businesses are run by consumers, so the choices those consumers make will find their way into business decisions. b. Businesses can track the trends of what consumers are and are not buying, and will attempt to cater to the desires of those who provide them with profits.
Answer:
The disposal resulted was at D. No gain or loss
Explanation:
The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.
The carrying value of the asset is its net book value which is calculated as follows,
Carrying value = Cost - Accumulated depreciation
If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.
The carrying value of copy machine was = 45000 - 44000 = $1000
The sales proceeds were also $1000
Thus, gain/loss on disposal = 1000 - 1000 = $0
Thus, there was no gain or loss on disposal.
Answer:
13 Home games
Explanation:
A season pass cost for home games =$175
Individual ticket per game =$14
For season pass to be less than total home game tickets
i.e $175 must be than ($14 X Homegames )
i.e 175 = 14XHG
HG= 175/14=12.5 Approx. 13 games
Total cost of 13 games is ($13X14)=$182. {$175 is less that $182}
Ardim must attend 13 games.
