The accept control strategy is the choice to do nothing to protect a vulnerability and to accept the outcome of its exploitation.
<h3>What is accept control strategy?</h3>
Accepting risk, also known as risk retention, is a deliberate strategy that involves accepting the potential of minor or occasional dangers without taking any action to mitigate, cover, or prevent those risks.
The accept control technique entails the decision to forego taking any action to prevent the exploitation of a vulnerability.
Control strategies are detailed preparations for what to do if special causes are detected in your process. This strategy outlines the out-of-control circumstance, potential reasons, how to investigate each cause, and the findings of your investigation. All control charts in use should have a control strategy.
Eliminating the risk and its accompanying hazard is the best control strategy. The greatest method to get rid of a risk is to avoid putting it there in the first place.
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Answer:
-7,759.29 dollar
Explanation:
cost of maintenance and operation
initial cost of $5500 x 20%
= 1100 Dollars
salvage value
initial cost of $5500 x 5%
= $275
pw = -5500-1100(p/a,17%,3) +275(p/f,17%,3)
pw = -5500-(1100*2.21) + (275*0.6244)
pw = -5500-2431+17.71
= -7759.29
so pw, that is present worth of new stations using internal MARR of 17% is -7759.29 dollars
Answer: Is useful to managers in planning and decision making.
Explanation:
The Contribution approach to the income statement helps the company understand better the behaviour of it's variable and fixed assets because the Contribution Margin approach first subtracts variable costs from revenue and then subtracts fixed costs.
This allows the company to know which of the costs are more taxing on the company thereby enabling the company to know which to work on. It is therefore useful to managers in planning and decision making.
Answer:
Entrepreneurs. people who own, operate, and take the risk of a business venture.
