Review and evaluation is an important step in the risk management process because
A. conditions change and mistakes may be identified.
B. it is nearly impossible to evaluate risk effectively.
C. of the challenges in identifying small business risks.
D. it is difficult to select effective methods.
Answer: A
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The rough "rule of thumb" for a quick ratio is that the ratio should be about
a. 2 to 1. b. 1 to 1. c. .1 to 1. d. 1 to .1.
Which of the following is not true regarding stock rights?
a. U.S. GAAP does not require recognition of the rights on the date of the grant. b. Firms often issue stock rights to raise new capital from current employees. c. Shareholders may exercise the stock rights or sell them to others. d. IFRS does not require recognition of the rights on the date of the grant. e. When holders exercise the stock rights, the firm records the issue of shares at the price paid just as it records the issue of new shares for cash.
"HPI" stands for
A) Human Performance Improvement. B) Human Personnel Improvement. C) Human Performance Intervention. D) Human Personnel Intervention.
The privilege to play tennis and socialize at the Capital City Country Club (CCCC) is obtained through application, references, resumes, and fees. Steven and Chanel want to assign the remaining 4 years of their 5-year membership to Charles and Prissy so that Steven and Chanel may join the posh Silver Hawk Tennis and Polo Club. CCCC sues to enjoin Steven and Chanel from assigning their membership
CCCC will most probably: a. not prevail because all contract rights are assignable. b. prevail because the parties intended the contract to be personal and non-assignable. c. prevail because assigning the membership contract would violate public policy. d. None of these.