One of the speculative financial risks considered in an enterprise risk management program is the risk of loss because of adverse changes in commodity prices, interest rates, foreign exchange rates, and the value of money. This risk is called
A) property risk.
B) financial risk.
C) strategic risk.
D) operational risk.
Answer: B
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In most sales, sellers warrant that they have good and valid title to the goods sold
a. True b. False Indicate whether the statement is true or false
What is the relationship between emotional intelligence and relationship conflicts?
A. Emotional intelligence is unrelated to relationship conflicts. B. Emotional intelligence tends to increase the likelihood of relationship conflicts. C. Relationship conflict is less likely to occur if emotional intelligence is high. D. With emotional intelligence, conflicts tend to stay relationship-based. E. With emotional intelligence, the conversion of relationship conflicts to constructive conflicts is slow.
John is a part of the marketing team in his company. There is a conflict between the finance team and the marketing team of the company on the issue of market segmentation. While the finance team is arguing for a standardized approach toward market segmentation, John and his team members feel that it is more important to understand customer requirements on an individual basis for greater customer satisfaction. Which of these terms best describes the approach adopted by John's team?
A. normalization B. homogenization C. standardization D. integration E. customization
Foxtrot reported $65,000 of income for the year by using absorption costing. The company had no beginning inventory, planned and actual production of 20,000 units, and sales of 18,000 units. Standard variable manufacturing costs were $20 per unit, and total budgeted fixed manufacturing overhead was $100,000. If there were no variances, income under variable costing would be:
A. $75,000. B. $65,000. C. $55,000. D. $115,000. E. $15,000.