Quantitative risk assessment methods include

A) quantitative risk analysis.
B) data gathering and representation techniques.
C) expert judgment.
D) all of the above.


D

Business

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The business reporting process comprises accumulating, classifying, and recording data, fueling the financial reporting, business reporting, and other reporting subsystems

Indicate whether the statement is true or false

Business

Primary credit discount loans for profit will be zero when

A. primary credit discount rate is equal to secondary credit discount rate. B. primary credit discount rate is greater than federal funds rate. C. primary credit discount rate is lesser than federal funds rate. D. primary credit discount rate is equal to nominal short-term interest rate.

Business

Which of the following stockholders' equity disclosures are required under both GAAP and IFRS?

A) restrictions on the repayment of capital B) reacquired shares and rights C) share reserved for future issuances under sales contracts D) revaluation reserve

Business

Romney Company exchanged one business automobile for a replacement automobile. The old automobile had an original cost of $40,000, a book value of $16,000, and a fair value of $24,000 when exchanged. In addition, Romney paid $9,000 cash to acquire the replacement automobile. The list price of the replacement automobile was $45,000. The replacement will help generate significantly greater cash

flows in the business. At what amount should the replacement automobile be recorded for financial accounting purposes? A) $24,000 B) $30,000 C) $33,000 D) $35,000

Business