If a government decides to account for its risk management activities in a single fund, it must use:
A. an Internal Service Fund.
B. a Special Revenue Fund.
C. Either the General Fund or an Internal Service fund.
D. a Fiduciary Fund.
Answer: C
You might also like to view...
A ________ for retail buyers is a concentration of vendors within a specific geographic location, perhaps even under one roof or over the Internet.
A. black market B. resident buying office C. wholesale market D. distribution center E. gray market
A unilateral choice is one that is made with the active involvement of the other party.
Answer the following statement true (T) or false (F)
________ can sometimes provide enough lead time to assemble disaster relief resources, but often disasters happen with little to no warning
Fill in the blanks with correct word
The recently hired floor manager at the local store of a national home improvement chain is studying their inventory system. He has chosen patio blocks to be the first item examined. The historical supply and demand data for this item has indicated a constant lead time of 15 days. Demand per day is normally distributed with a mean demand of 2000 per day and standard deviation of 500 per day. He
plans to set the service level at 90% during lead time. a. What is the amount of safety stock of blocks he should keep on hand? b. What is the reorder point he should use?