(PROJECT RISK MANAGEMENT)
Explain and Elaborate Five (5) Factors That Need to be Taken
Care of When Designing Risk Response Planning.

Answer:

D. Real estate

Explanation:

Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.

Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.

Using low-cost labor can lead to ethical issues related to fair pay and working conditions, as well as negative impacts on the local economy. Companies should prioritize fair and just treatment of their employees to avoid such issues.

a. Straight-line depreciation:

The annual depreciation expense for straight-line depreciation can be calculated as follows:

Depreciation Expense = (Cost - Salvage Value) / Useful Life

Useful life is the number of years over which the asset is expected to be used. In this case, we are given that the equipment has a salvage value of $18,000 and we assume a useful life of 3 years.

Depreciation Expense = ($100,000 - $18,000) / 3

Depreciation Expense = $27,333.33 per year

After 3 years, the book value of the equipment using straight-line depreciation would be:

Book Value = Cost - (Depreciation Expense x Number of Years)

Book Value = $100,000 - ($27,333.33 x 3)

Book Value = $18,000

b. 150% declining balance depreciation:

The annual depreciation expense for a 150% declining balance (DDB) can be calculated as follows:

Depreciation Expense = Book Value x Depreciation Rate

Depreciation Rate = 2 / Useful Life

The depreciation rate for 150% DDB is double the straight-line rate, which is why it's multiplied by 2. In this case, we have a useful life of 3 years.

Depreciation Rate = 2 / 3

Depreciation Rate = 0.6667

Depreciation Expense Year 1 = $100,000 x 0.6667 x 1.5 = $100,005

Depreciation Expense Year 2 = ($100,000 - $100,005) x 0.6667 x 1.5 = $33,333

Depreciation Expense Year 3 = ($66,667 - $18,000) x 0.6667 x 1.5 = $23,810.38

After 3 years, the book value of the equipment using 150% DDB would be:

Book Value = Cost - Accumulated Depreciation

Book Value = $100,000 - ($100,005 + $33,333 + $23,810.38)

Book Value = $18,851.62

c. 7 years of depreciation:

The annual depreciation expense for 7 years of depreciation can be calculated as follows:

Depreciation Expense = (Cost - Salvage Value) / Useful Life

Useful Life = 7 years

Depreciation Expense = ($100,000 - $18,000) / 7

Depreciation Expense = $11,428.57 per year

After 3 years, the book value of the equipment using 7 years of depreciation would be:

Book Value = Cost - (Depreciation Expense x Number of Years)

Book Value = $100,000 - ($11,428.57 x 3)

Book Value = $66,714.29

e. Ethical issues if the company uses low-cost labor:

If a company uses low-cost labor, there may be ethical issues related to fair pay and working conditions. Low-cost labor often means workers are paid less than a living wage, which can lead to poverty and hardship for employees and their families. Additionally, workers may be subjected to long hours, poor working conditions, and limited benefits.

The use of low-cost labor may also result in negative impacts on the local economy, as workers may not have enough disposable income to contribute to the local economy. This can lead to a cycle of poverty that is difficult to break.

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Answer:

A tax imposed on imported or exported goods is called a tarrif.

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Answer:

A Tariff

Explanation:

got it right :)

Answer:

Accountability in the workplace is about employees taking responsibility and ownership for their decisions, actions, performance and behaviour. Accountability in the workplace is also about building trust and staying committed to doing the right thing for the business consistently.

Answer:

False. The Simplex LP algorithm is a commonly used method for solving linear programming problems and, under certain conditions, is guaranteed to find an optimal solution if it exists. However, it is important to note that the optimality of the solution depends on the accuracy and quality of the data and model inputs.

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If the amortized loan repaid annually with $400, with interest of $45 and rate of 4 percent, the amount of principal in the last month is $530.18

Payment at the end of year 1 = 400

Year increments = 45

Last Payment made = 1480

years left after first payment

\(\frac{1480-400}{45} = 24\)

= (1480 - 400) / 45 = 24

Length of the loan = 24 plus 1 = 25 years( the 25th year payment is 1480)

The payment made in the 14th year

400 + (13x45)

= 985

Calculation of Loan balance After 13 Years

25 - 13 = 12

formula for the present value of the loan = P*[1 - (1+r)^-n / r ] + G*[ ((1+r)^n - 1 / r^2*(1+r)^n) - n / r*(1+r)^n ]

P = amount of loan In 14th Year

= 985

r = 4%

n = Number of years = 12

G = 45

We have to put the values in the formula

present value loan balance = 985*[1 - (1+4%)^-12 / 4% ] + 45*[((1+4%)^12 - 1 / 4%^2*(1+4%)^12) - 12 / 4%*(1+4%)^12 ]

Balance after a period of 13 years = 11,370.45

Amount of interest to be paid in the 14th period = Loan balance * Interest rate

= 111370.45 x 0.04

= $454.82

Principal amount = Payment - Interest

Payment = 985

P = 985 - 454.82

Therefore the Principal is = $530.18

The amount of principal after the 14th payment is $530.18

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Answer:

the results approach.

Explanation:

This is because this approach emphasises on the results and outcomes produced by the team.

The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.

Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.

Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.

Therefore  the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.

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This story relates to the principles and habit of self discipline in multiple ways.

1. She wakes up at 6 AM and walks and hour to school and back, demonstrating that she has the self discipline to do these things to get a good education.

2.  She supports her mother in bookbinding, and gives tuition to students, showing kindness and empathy, which is important to self discipline.

3. Despite hardships she has been grateful for whatever she has.

4. She envisions becoming an electrical engineer to support he entire village.

These examples and more show how this young woman displays self discipline.

I hope this helped.

Answer:

234,900

Explanation:

Calculation to determine what The adjusted cost of goods sold that would appear on the income statement for November is:

First step is calculate the Over applied overhead

Over applied overhead = $59,200-$55,900

Over applied overhead = 3300

Second step is calculate the Unadjusted cost of goods sold

Unadjusted cost of goods sold = 55000+$213,500-30,300

Unadjusted cost of goods sold= 238,200

Now let determine the Adjusted cost of goods sold

Adjusted cost of goods sold = $238,200-3300

Adjusted cost of goods sold= 234,900

Therefore The adjusted cost of goods sold that would appear on the income statement for November is:234,900

Based on the information given, the best chart that can be used to represent the scenario will be an exploded pie chart.

A pie chart simply refers to a type of graph that's is used in displaying the data in a circular graph. In this case, the pieces are proportional to their fractions.

The exploded pie chart can be used in comparing the expenses in each department as a percentage of all expenses.

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"Engaged in proactive outreach to mental health professionals, seeking their voluntary participation in the program."

The suggested sentence, "Engaged in proactive outreach to mental health professionals, seeking their voluntary participation in the program," conveys the responsibility you had during your internship. Here's a breakdown of the sentence:

1. "Engaged in proactive outreach": This phrase highlights your active involvement and initiative in reaching out to mental health professionals. It implies that you took the initiative to establish communication with these professionals.

2. "to mental health professionals": This specifies the target audience or group of individuals you were contacting. It clarifies that your outreach efforts were directed towards professionals in the mental health field.

3. "seeking their voluntary participation": This conveys the purpose of your outreach. It explains that your goal was to gauge the interest and willingness of these professionals to offer their time voluntarily for the program.

4. "in the program": This specifies the context or program in which you were involved. It provides a brief reference to the program without going into excessive detail.

Overall, the sentence demonstrates your proactive approach in reaching out to mental health professionals and highlights your responsibility in seeking their voluntary participation in the program.

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The express does inc., use the indirect method to report cash flows from operating activities.

One of two accounting techniques that are used to produce a cash flow statement is the indirect method. The indirect method converts the operating component of the cash flow statement from the accrual method to the cash method of accounting by using increases and decreases in balance sheet line items.

The direct technique, which lists actual cash inflows and outflows made during the reporting period, is the alternative approach for completing a cash flow statement. In practice, the indirect method is more frequently employed, particularly by larger organizations.

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An integrated set of performance measures that are derived from the company's strategy is the balanced scorecard,

The Balanced Scorecard is a management system designed to translate an organization's strategic objectives into a set of organizational performance objectives that are measured and monitored as needed to ensure that the organization's strategic objectives are met. , and fixed.

Balanced Scorecard is a strategic performance management tool. A well-structured report that managers can use to track the execution of activities by employees under their control and monitor the results of those actions.

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Answer:

1. options

2.Filter

3. Insert Slicer

Explanation:

I got it correct

The steps are as follows:

Pivot tables are a powerful Excel tool that helps us summarize large amounts of data and saves us a lot of time. Pivot tables are a reporting tool that has a fields section that contains four fields.

It has four fields, that are:

Thus, the steps are as follows:

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Answer:

As a cashier, Israel is involved in the sales industry.

Assembling the structure of an airplane is a process in airplane manufacturing so this falls under manufacturing.  

Arie is a chemist which is a science related field as it involves chemistry and biology.

Jake as a flight attendant is in the transportation and logistics industry because planes transport people and goods.

Deb as a video game designer is in the IT industry which deals with software and computer related ventures.

Answer:

All the answers of the asked question are discussed below in detailed explanation.

Explanation:

Wealth includes the evaluation of all the items of merit occupied by an Individual, society, corporation, or nation. ... Fundamentally, wealth is the collection of limited resources. Particular people, corporations, and countries are assumed to be wealthy when they are able to acquire many necessary resources or goods.

Except for the C option, all pertain to the context of debt financing. Lenders who provide debt financing are only eligible for capital plus interest payback.

The main reason businesses choose debt financing over equity financing is that debt financing preserves company ownership, whereas equity financing, such as selling shares and common stocks, gives investors a continuing equity stake in the company in exchange for shareholder voting rights and dilutes the ownership of the company's owners.

Debt financing is the process by which a business raises funds by offering investors debt instruments. Equity finance, which involves issuing stock to raise money, is the reverse of debt financing. When a company sells fixed income securities like bonds, bills, or notes, debt financing takes place.

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The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.

This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.

This refers to the situation where a person makes plans that are feasible that would help his career path.

Hence, we can see that The effect of effective college and career planning is that it would give a student a clear plan on what he wants to study and the study resources he would need to make it possible.

This college and career planning is key to help the student make better informed decisions about the career he wants and the courses he would study in school.

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Answer:

Secondary data

Explanation:

Secondary data means the data i.e. collected by the someone other than the data i.e collected for the first time. It includes the information that related to the censuses, government departments, etc for researching purpose

Since in the given situation, the company looks to the data i.e. already collected and according to this they are able to make the analysis

So, here it is an example of the secondary data

The required provision that protects against unintentional lapse of the policy is known as the "Grace Period" provision.

This provision allows for a period of time, typically 30 or 31 days, after the premium due date for the policyholder to make the payment without the policy being canceled. This means that even if the policyholder unintentionally misses the due date for the premium payment, they still have a grace period to make the payment and keep their policy active.

It is important to note that the policyholder is still responsible for making the payment within the grace period in order for the policy to remain active.

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Realized Return: The investor's realized return over the holding period is -4.33%. The difference between the sale price of C$69.52 and the purchase price of C$72.08 and dividing it by purchase price of C$72.08.

What is investor?

An investor is an individual or organization that puts capital to work in a financial endeavor with the expectation of generating income or capital gains. Investors may seek different types of investments such as stocks, bonds, commodities, derivatives, mutual funds, real estate, or other financial instruments. Investors typically make decisions based on their financial goals, preferred risk level, and expected rate of return.

Realized Alpha: The investor's realized alpha over the holding period is -4.50%. This is calculated by taking the difference between the realized return of -4.33% and the required return of 8.7% and dividing it by the required return of 8.7%.

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Prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.

Put password length first: To reduce the likelihood of being a victim of a data breach or cyberattack, secure passwords should be at least 16 characters long.

Do not reuse passwords: Credential stuffing attacks, which are regularly exploited by hackers, put you in danger if you use the same password for many accounts.

The first line of security against unwanted access to your computer and personal information is provided by passwords.

Your computer will be more secure from hackers and bad malware if your password is strong.

Strong passwords should be used for every account on your computer.

Try to include both upper- and lowercase characters, numerals, and symbols.

The use of dictionary terminology should be avoided. Swimming1 is an example of a bad password.

Therefore, prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.

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Complete question:
Chan has opened a savings account at a bank near his house. He has been given the option of online access to all transactions from this new account. He now has to decide on a password to secure online access to his bank account. Which password can Chan use for maximum security?

A. chan123

B. chan1234

C. 123456chanbankacc!

D. 12345chan

When calculating the costs of making immediate choices, the distribution of general overhead costs to operating departments might be the least justifiable. Here option B is the correct answer.

General overhead costs are indirect costs incurred by a company that cannot be directly traced to a specific product or service. These costs include items like rent, utilities, administration expenses, and other shared expenses that benefit multiple departments or units within an organization.

When making short-term decisions, such as pricing decisions, discontinuing a product line, or evaluating the profitability of a specific order, it is important to focus on the relevant costs and benefits that directly affect the decision at hand. General overhead costs, being indirect and shared costs, are not typically relevant in short-term decision-making.

Short-term decisions are often based on incremental costs, which are the additional costs incurred or avoided as a result of a specific decision. By including general overhead costs in these calculations, the decision-maker would be burdening the analysis with irrelevant information, leading to potential distortions and incorrect conclusions.

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Answer: B. receive a lower price for its product

Explanation:

Monopolistic competition is a market structure whereby the elements of both monopoly and competitive markets are combined. In such market structure, there are many producers in the market but they're selling differentiated products.

In this case, due to the fact that there's freedom of entry and exit, there'll be more firms coming into the market due to the supernormal profit which is made at first but in the long run, a lower price will be received for goods and services as there are many sellers in the market. Therefore, a normal profit will be made.

Answer:

$211,150

Explanation:

Operating Activities

Net Income                                                            $317,500

Adjustment for :

Depreciation                                                         $100,200

Loss on Sale of equipment                                    $10,750

Changes in working capital items :

Increase in accounts receivable                         ($43,200)

Decrease in prepaid expenses                             $10,950

Increase in accounts payable                                $16,450

Decrease in wages payable                                ($13,500)

Investing Activities

Increase in equipment                                        ($80,500)

Financing Activities

Decrease in notes payable                                ($107,500)

Movement during the year                                   $211,150

therefore,

the net increase in cash for the year is $211,150

Answer:

He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.

Explanation:

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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We often blame technology for our worst habits like distraction and spelling mistakes. But if you understand how habits work and use the right technology, your phone, computer, and gadgets can also help you build good habits.

Devices can also help you break bad habits if you use them to create new habits that replace bad habits. After all, habits are just behaviors that become patterns.

What we are familiar with is baked into our subconscious. This is what makes bad habits so dangerous (you can't stop them!) and good habits so powerful (you don't have to choose to continue them; at some point they automatically become ). As Charles Duhigg points out in The Power of Habit, the habit "loop" consists of three parts.

cues or triggers (whatever prompts you to engage in the habit), routines (the habit itself), and rewards (the rewards that reward and reinforce the habit). Technical tools help with each of these components.

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