Answer:
Option C. Enterprise risk management framework
Explanation:
The reason is that the enterprise risk management framework highlights the risks associated with the objectives of the business's different departments in the short and long term. This includes the financial risk, reporting & compliance risk, operation risks and strategic goals associated risks, etc.
These risk are managed using the risk management framework which helps in formulating strategies for managing different types of risks.
Hence the right option is option C.
Answer:
$2000 of canceled debt that Marvin must report on his return
Explanation:
Please see attachment
Answer:
The correct answer is option D.
Explanation:
The demand elasticity is -1.4.
The supply elasticity is 1.2.
Since the demand is elastic, the imposition of tax will not be profitable for the government.
The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.
The tax incidence on consumers
= E (supply) / (E (demand)) + E (supply)
=
=
= -6
Answer:
2.5% is the current two years interest rate
Explanation:
If the first year interest rate is 2% and expected coming year interest rate is 3% based on the hypothetical projection which is believed to be correct, then the interests rate for the two years will be the average of the interest of the two years in focus which gives us:
Current IR = IR (yr 1) + IR (yr 2) / no of years
Current IR = 2 + 3 / 2 = 2.5