Answer:
Jorge is not risk-averse
Explanation:
Risk averse means to reluctant to take risk
Since theres a 80% chance that Jorge will get laid off and end up with a job that will pay him $10000 less is very risky instead where he'll earn $30000 where the chance is 20% that he'll get the job.
Answer:
territory analysis
Explanation:
According to my research on the different types of business analysis, I can say that based on the information provided within the question the scenario indicates the team is currently involved in territory analysis. This is the process of analyzing different territories for potential sales of different products.
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Answer and Explanation:
a. This is a fundamental risk case since there is a loss possibility. As the attack is done by the terrorists and the loss is definite in terms
b. It is a property risk as the house is damaged in a fire that resulted into a financial loss
c. It is a personal risk case as the head of the family is totally disabled that directly impact the family which leads to non-fulfillment of the financial liabilities so ultimately its an income loss.
d. It is a case of speculative as the investor purchase 100 shares that resulted in either profit or loss
e. This is a case of fundamental risk as the overflow of the river impacts the property of thousands people
f. This is a case of financial risk as the risk impacted the opposite changes in the price of the commodity, rate of interest, etc
g. It is a speculative case as the worker could either win or loss
Correct Answer:
Wages
Wages are the compensations or the amounts that are paid by an employee or the boss to the employer for doing some labor or work. The fourth option is Mean Salary. Mean salary is defined as the average salary of entire working population of a nation.Therefore, the answer to this question is Wages. The money received for work is wage.
Answer: C. A debit to Petty Cash of $189.
Explanation: from the above question, the total amount given out of the petty cash is $189. That is why we are reimbursing the petty cash with $189.
In Accounting, the receiving account is debited while the giving account is credited. That is why we will reimburse the petty cash account by Debiting the petty cash account with $189 and crediting the bank with $189.
