Describe the use of a profile model and sketch an example, clearly labeling every component and the best alternative in your example
What will be an ideal response?
Profile models allow managers to plot risk/return options for various alternatives and then select the project that maximizes return while staying within a certain range of minimum acceptable risk. The profile model makes use of a concept known as the efficient frontier—the set of project portfolio options that offers either a maximum return for every given level of risk or the minimum risk for every level of return. A profile model appears below.
You might also like to view...
The last step involved in the point method of job evaluation is determining the compensable factors.
Answer the following statement true (T) or false (F)
National statutes do not require private employers to provide their employees with either health insurance or a pension plan
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1) Generally Accepted Accounting Principles (GAAP) are the rules and guidelines governing accounting. 2) Due to the globalization of business, U.S. companies are no longer required to follow GAAP. 3) The business entity concept requires that the owner's personal assets be separated from business assets. 4) Financial information that is verifiable violates the principle of objectivity. 5) According to the cost principle, if an appraised value is known - it should be used for recording purposes.
Shawna, a forensic accountant, has been hired by a large company to test the company's financial statements. There are questions about the accuracy of records that were entered by bookkeepers
Which of the following steps of the accounting process will Shawna most likely focus on? A) putting transactions into a ledger B) putting journal entries into a ledger C) running a trial balance D) looking at financial statements E) doing ratio analyses