What are the differences between credit risk, market risk, and operational risk?
What will be an ideal response?
Credit risk is the risk that a company or government will default on its promised payments on a loan or a bond. Market risk is the risk of losses in trading positions when prices move adversely. Operational risk is the risk of direct or indirect loss resulting from inadequate or failed internal processes, people, and systems or from external events, such as computer failure, poor documentation, or fraud.
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Company call center executives provide procedural information to clients who call in about the specifications and operation of the product. These call center employees can be called ________
A) technical support people B) sales assistants C) telemarketers D) deliverers E) consultants
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 4,800 Units sold 4,000 Sales$400,000 Materials cost$96,000 Variable conversion cost used$48,000 Fixed manufacturing cost$72,000 Indirect operating costs (fixed)$80,000 Cost of goods sold using absorption costing is:
A. $180,000 B. $246,667 C. $40,000 D. $120,000
Briana is easy-going and does not take her work too seriously. It is likely that Briana has a ______.
A. Type A personality B. Type B personality C. Type C personality D. Type D personality
Who are the different parties to a life insurance contract? How is a beneficiary determined for a life insurance?
What will be an ideal response?