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4 years ago

In risk management,what does risk evaluation involves?

Business

2 answers:

OverLord2011 [107]4 years ago

7 0

Answer:

Explanation

Risk evaluation is the identification of risks in an organisation by the management through a framework put in a place by them. In risk evaluation, the focus is to identify what constitutes risk for the business and make a qualitative and quantitative analysis of the risk, with the intention of managing those risks within the risk appetite of the organisation. Without risk evaluation, risk management will not be possible, because there will be no way for management to determine the risks inherent in their operation and how they can control them based on benefits and control involved.

sweet [91]4 years ago

3 0

Risk evaluation involves rating the risks that may happen based on the likelihood of them happening. Risk evaluation also involves rating these potential happenings based on the impact they could have on the business. Evaluating risk is a step in the creative process of risk management.

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On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation o

pashok25 [27]

Answer:

journal entry are given below

carrying value = $4000 and cash received is $2000

Explanation:

given data

delivery van cost = $20,000

accumulated depreciation = $16,000

Annual depreciation = $2,000

solution

journal entry are

date title debit credit

December 29, 2019 Cash $2000

Accumulated depreciation $16000

Delivery van $20000

note that

here carrying value is = $20000 - $16000

carrying value = $4000

and cash received is $2000

7 0

3 years ago

Birk Camera Shop Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31.

Kitty [74]

Answer:

$4,373

Explanation:

we will check lower of cost or market for individual items:

Minolta :

= Market value per unit × No. of units

= 158 × 5

= $790

Canon :

= Cost per unit × No. of units

= 145 x 7

= $1,015

Vivitar:

= Market value per unit × No. of units

= 114 x 12

= $1,368

Kodak:

= Cost per unit × No. of units

= 120 x 10

= $1,200

Total amount should be reported on Brik Camera Shop's financial statements:

= $790 + $1,015 + $1,368 + $1,200

= $4,373

4 0

3 years ago

In order to show disparate-treatment discrimination, a person must show that she or he is a member of a______class, applied for

slavikrds [6]

Answer:

i AM SORRY BUT I DONT UNDERSTAND WHAAT YOU ARE TRYING TO SAY TRY TO MAYBE REWORD IT (SORRY FOR THE CAP LOCK)

Explanation:

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4 years ago

the percent of sales method for estimating bad debts uses only income statement account balances to estimate bad debts. group st

crimeas [40]

The statement that the percent sales method for estimating bad debts for a company, will only use those balances in the income statement is False.

<h3>What is the percent of sales method?</h3>

The percent of sales method is one of the methods that companies can use to estimate the bad debts that it expects in a given period. Bad debts refer to those Account Receivables that will not pay the company back even after they have taken goods or services on credit. In order to be able to use the percent of sales method, the sales of a company need to be known.

The sales that a company makes includes both the sales that the company made and the accounts receivable. The Accounts Receivables go to the Balance Sheet and Sales go to the Income Statement. This means that the Balance Sheet balances are used as well as Income Statement balances and not just the latter.

Find out more on the percent of sales method at brainly.com/question/13958992

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6 0

1 year ago

An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t

Aleonysh [2.5K]

Answer:

tellers at JP Morgan Chase branches.

Explanation:

The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen

So the same is to be considered

3 0

3 years ago