two preliminary steps to be taken before a risk assessment begins are defining the assessment and reviewing previous findings. T/F?
Answers
True. Before conducting a risk assessment, it is important to take two preliminary steps: defining the assessment and reviewing previous findings.
Defining the assessment involves establishing the scope, objectives, and boundaries of the risk assessment. This step helps ensure that the assessment focuses on the relevant areas and provides clarity on what risks will be evaluated. Defining the assessment also includes identifying the stakeholders involved, determining the resources needed, and establishing the timeline for the assessment.
Reviewing previous findings is crucial to build upon existing knowledge and avoid duplication of efforts. This step involves examining any previous risk assessments or related studies conducted within the organization or industry. Reviewing previous findings helps identify potential risks that have already been identified and evaluated, as well as any risk mitigation measures that have been implemented. It also helps determine if there are gaps in the previous assessments that need to be addressed in the current assessment.
By taking these preliminary steps, organizations can ensure that the risk assessment is focused, comprehensive, and builds upon existing knowledge and insights. This enhances the effectiveness of the risk assessment process and contributes to informed decision-making and risk management strategies.
Learn more about risk assessment at: brainly.com/question/24129294
#SPJ11
Related Questions
evenue Roulette Tom Lafleur, a university student living in northern Alberta, has created an interesting summer venture as a young entrepreneur. He has formed a firm called Tom's Tree Service, specializing in tree removal and pruning. He has been fortunate in securing a $10000 contract to cut a large acreage of trees for a local golf course. Tom estimates that it will take him from early June to the end of August to complete the job. The golf course owners have agreed to give Tom three progress payments on the dates indicated in the chart below. Revenue Roulette Tom Lafleur, a university student living in northern Alberta, has created an interesting summer venture as a young entrepreneur. He has formed a firm called Tom's Tree Service, specializing in tree removal and pruning. He has been fortunate in securing a $10000 contract to cut a large acreage of trees for a local golf course. Tom estimates that it will take him from early June to the end of August to complete the job. The golf course owners have agreed to give Tom three progress payments on the dates indicated in the chart below.
Answers
On June 30, Tom will receive the first progress payment of $3,333.33. On July 31, he will receive the second payment of the same amount. Finally, on August 31, he will receive the remaining $3,333.33. These progress payments allow Tom to receive a portion of the contract amount throughout the project, providing him with a steady cash flow to cover expenses and ensure a smoother operation.
Tom's Tree Service has secured a $10,000 contract to cut trees for a local golf course. The contract will be completed over the summer, from early June to the end of August. The golf course owners have agreed to make three progress payments to Tom on specific dates.
To calculate the amount of each progress payment, we need to divide the total contract amount by the number of payments. In this case, $10,000 divided by 3 equals $3,333.33.
Now, let's determine the dates of the progress payments. The chart below indicates the payment dates:
- June 30: $3,333.33
- July 31: $3,333.33
- August 31: $3,333.33
Learn more about cash flow
https://brainly.com/question/27994727
#SPJ11
Your car has a flat tire so you go to the auto shop to have it repaired. at the auto shop, the technician tries to talk you into getting your oil changed, but you refuse this service. what is the most likely reason the marketing exchange of an oil change did not occur
Answers
The most likely explanation for why the marketing exchange of an oil change did not take place is that getting an oil change was not a necessity you intended to have satisfied.
What does the dialogue aim to accomplish in terms of marketing?A marketing transaction is any trade of goods or services between two or more people. Every transaction should provide "utility," which essentially implies that the value of the commodities you exchange is less than the value of the things you receive in return, according to marketing theory.
Obtaining a reward that is more desired than the transferred goods or services is the aim of a marketing transaction. It involves a benefit that outweighs the cost, in other words. The parties to the trade must be able to communicate with one another in order for them to make their valuable item available.
Learn more about marketing exchange: https://brainly.com/question/15380020
#SPJ4
What are the strengths and weaknesses of George Berkeleys view?
Answers
George Berkeley's philosophy, known as subjective idealism or immaterialism, presents a unique perspective on the nature of reality and the existence of physical objects.
Here are some strengths and weaknesses associated with Berkeley's views:
Strengths:
Coherence: Berkeley's philosophy offers a coherent and consistent framework. He argues that all objects exist in the mind of God and that our perceptions are directly tied to the existence of objects. This perspective provides an orderly and interconnected understanding of the world.
Empirical Focus: Berkeley emphasizes the importance of empirical observation and sensory experience in shaping our understanding of reality. By focusing on our immediate experiences, he highlights the role of perception in our knowledge of the world.
Rejection of Materialism: Berkeley challenges the prevailing materialistic worldview that assumes the existence of a mind-independent external reality. He argues that the materialistic notion of objects existing independently of perception is flawed, providing an alternative perspective that places importance on the mind.
Weaknesses:
Problem of Solipsism: Berkeley's idealism raises the concern of solipsism, the idea that only one's mind exists and that other minds and external objects are mere illusions. While Berkeley argues that the existence of God ensures the stability of the external world, his position leaves room for skepticism about the reality of other minds and the external world.
Lack of Explanation: Berkeley's philosophy does not provide a satisfactory explanation for the persistence of objects when they are not being perceived. He attributes their existence to the continuous perception of God, but this raises questions about how objects can exist when no human or finite mind is perceiving them.
Incompatibility with Science: Berkeley's idealism is at odds with scientific explanations that rely on a materialistic understanding of the world. His rejection of the existence of mind-independent objects challenges the scientific method, which assumes the external reality exists and can be studied independently of human perception.
Common Sense Intuition: Berkeley's views go against our common sense intuition that objects exist independently of our perception. While he aims to provide a more consistent and coherent philosophical framework, his rejection of the external world can be difficult to accept for many.
Overall, Berkeley's subjective idealism presents an intriguing and thought-provoking perspective on reality, but it also raises significant challenges and may not align with common intuitions or scientific understandings.
Learn more about strengths here:
https://brainly.com/question/31719828
#SPJ11
a firm finds that as it adds workers, each worker is adding less and less output to the production process. what must be true about average cost?
Answers
Average cost is increasing must be true about average cost .
What does "average cost" mean?
In economics, average cost or unit cost is determined by dividing the total cost (TC) by the quantity of a good produced (the output Q). The choice of how much to charge for commodities by businesses is strongly influenced by average cost.What is an example of typical cost?
The weighted-average cost is calculated by dividing the total inventory purchased during the quarter ($113,300) by the total inventory count from that quarter (100), yielding an average cost per unit of $1,133.
Learn more about Average cost
brainly.com/question/15071280
#SPJ4
______ makes a copy of a table and places it in a different location, to improve access time Select one: Replication Archive Aggregation Partitioning
Answers
Partitioning makes a copy of a table and places it in a different location to improve access time. This technique involves dividing a large table into smaller, more manageable pieces called partitions, based on a certain criteria such as date or geographical location.
Each partition is stored separately, and queries only need to access the relevant partitions, rather than scanning the entire table, which can greatly improve query performance.
Partitioning can also help with data organization and management, as well as data security and backup and recovery operations. Overall, partitioning is a powerful technique for improving database performance and scalability.
To know more about Partitioning , refer to the link:
https://brainly.com/question/30191477#
#SPJ11
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June. The company plans to sell 28,000 units of Product WZ in June. The finished goods inventories on June 1 and June 30 are budgeted to be 500 and 80 units, respectively. Budgeted direct labor costs for June would be:
Answers
Answer:
$2,261,560
Explanation:
Budgeted finished goods inventory (June 1) = beginning = 500 units
Budgeted finished goods inventory (June 30) = ending =80 units
Planned sales (June) = 28,000 units
Direct labor hours = 4.1 per direct labor hour
Direct labor rate = $20 / direct labor rate
June production :
Planned sales + ending inventory - beginning inventory
(28000 + 80 - 500) units
= 27,580 units
Total Direct labor hour required for production :
27,580 × 4.1 = 113,078 labor hours
Cost of production:
Total direct labor hour × rate per hour
113,078 × $20 = $2,261,560
gnas corporation's total current assets are $261,000, its noncurrent assets are $641,000, its total current liabilities are $194,000, its long-term liabilities are $524,000, and its stockholders' equity is $184,000. the current ratio is closest to:
Answers
Current Ratio is 1.34 and thus, is closest to 1.
A liquidity ratio called the current ratio assesses a company's capacity to settle short-term debts or those that are due within a year. It explains to investors and analysts how a business can use its present assets to the fullest extent possible to pay down its current liabilities and other payables. If the ratio is less than 1, it means that the company has more debts due in the next year or less than it does in cash or other short-term assets that are anticipated to be converted to cash in the next year or less. Although various circumstances can negatively impact the current ratio in a strong corporation, a current ratio of less than 1.00 may sound frightening.
Current Ratio = Current Assets ÷ Current Liabilities
In the ques, currents assets are given as $261,000
Current liabilities are given as $194000.
Thus, Current ratio = Current Assets ÷ Current Liabilities
= 261000 ÷ 194000
= 1.34
Thus, Current Ratio is 1.34.
To know more about Current ratio
https://brainly.com/question/28214599
#SPJ4
Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan
Answers
Answer: skill-based pay systems
Explanation:
the sales returns and sales allowances accounts are classified as
Answers
These two Sales Revenue accounts (the sales returns and sales allowances) are classified as Contra accounts. They have debit balances unlike the Sales Revenue account.
The purpose of their creation is to maintain the Sales Revenue account at its gross amount for measure purposes.The Sales Returns account is the General Ledger account for recording goods returned by customers. It reduces the Accounts Receivable account, which is credited with Sales Returns.The Sales Allowances account records allowances granted to customers for defective goods, which reduce their balances.Thus, the two sales accounts are contra accounts and they have debit balances.
Read more: https://brainly.com/question/14869899
Which of the following are outcomes associated with various types of organizational culture?
a. more positive organizational outcomes in market cultures
b. higher market share in clan and market cultures
c. more positive work attitudes in clan cultures
d. higher financial performance in market and hierarchy cultures
e. higher customer satisfaction in clan and market cultures
Answers
All the given options reflect the outcomes of the several types of organizational cultures.
Organizational culture refers to the ways of behaving within organizations. The organizational culture comprises the common beliefs, practices, expectations, and values established by leaders that guide and inform the actions of employees. A positive organizational culture is a key to establishing the traits necessary for the success of the business.
Since organizational cultures lead to improved performance, there are various outcomes associated with them such as improving organizational outcomes, raising market shares, boosting work attitude, increasing the financial performance of the business, and making customers more satisfied.
You can learn more about organizational cultures at
https://brainly.com/question/27584660
#SPJ4
What are the three levels of strategy in organizations?.
Answers
Answer: Here are the three levels of strategy.
Explanation:
The three levels of strategy are:
1. Corporate level strategy: This level answers the foundational question of what you want to achieve. ...
2. Business unit level strategy: This level focuses on how you're going to compete. ...
3. Market level strategy: This strategy level focuses on how you're going to grow.
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Answers
Pandora allows users to
A. interact with other users.
B. run free background checks.
C. stream radio to mobile devices or computers.
D. protect themselves against identity theft.
Answers
) Outline two ways VKW might be affected by increased import controls.
Answers
Answer:
see below
Explanation:
Increased import control tends to increase the cost of imports. For a business that depends on imports for its raw materials, increased control will have the following effects.
Can delay or halt production. Increase import control may affect the cost of imports and the quantity of material or parts imported. VKW may be unable to import all the materials it requires for production. This may force it to slow down production before it can get alternative suppliers. Increase in product prices: Imports control might include a rise in import tariff making imports expensive. VKW is likely to increase the price of its products to maintain its profitability.Fixed costs are _____.
a. the costs related to the product that have to be paid regardless of the amount you sell
b. the costs that change depending on a company's performance
c. the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
d. none of the above
20 POINTS HURRY PLZZZ
Answers
Answer:
d. none of the above
Explanation:
Fixed costs are a firm's expenses that remain constant in a financial period. These are the costs that are not affected by the level or quantity of output. Fixed costs are the costs of staying in business because they have to be paid regardless of output level. Examples of fixed costs include rent, administrative salaries, insurance, depreciation, and license fees.
Costs that vary depending on company performance are variable costs. Opportunity costs are the costs resulting from a business owner's choice when selecting one thing over another and how it will impact the business
Answer:
The answer is A. the costs related to the product that have to be paid regardless of the amount you sell
Explanation:
Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answers
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
Differentiate between the scheduling techniques known as CPM and PERT
Answers
as a general rule what percentage of debt to gdp
Answers
Answer:
There is no general rule.
Explanation:
Treasury yield is the return on investment, expressed as a percentage, on the U.S. government's debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.
how do our normative positions affect the choices we make individually and society
Answers
Our normative positions affect the choices we make by affecting
Who to voteHow to treat people The time and the period to marry.What are normative positions?These are the ways that people are able to come up with new ideas as well as new positions.
It teaches of the various necessary channels that may help one to effect out of the box thinking.
Read more on Normative here:
https://brainly.com/question/25870371
#SPJ1
Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!
Answers
The establishment/items that can ave a single owner includes:
Sole proprietorshipPrivate corporationNon-profit corporationWhat is a single owner?This refers to any form of establishment that can be owned and operated by a natural person.
Therefore, in the list, the Sole proprietorship, Private corporation and Non-profit corporation are establishment that can have a single owner.
Read more about single owner
brainly.com/question/523607
#SPJ1
Explain at least two reasons how a specific Department is created in a business. at least 3-4 sentences
Answers
Answer:
Find your ans- nah i'm just kidding
Explanation:
Start with the three elements common to every business to create your departments: Sales and Marketing, Operations, Finance & Admin. Bucket the roles specific to your business under the three departments. Assign a person to each role. Define your executive leadership structure.
Which of the following statements is true about mortgages?
A. The adjustable mortgage has an adjustable term of years but
fixed interest rate.
B. The adjustable mortgage has adjustable rates over a set amount
of time.
C. The fixed mortgage has a fixed term of years but adjustable
interest rate.
D. The fixed mortgage has an adjustable interest rate over a set time.
Answers
The statement true about mortgage is B. adjustable mortgage has adjustable rates over a set amount of time.
A mortgage is basically a pact or agreement between the person who is providing a loan in the form of money and the person taking the loan in the form of money. It includes that if you fail to return the amount the lender has all the rights by which they can take away your property that you have submitted as a security deposit in form of property papers.
There are two types of mortgages on the basis of interest rates first is adjustable mortgages which has adjustable rates of interest through a fixed period of time. On the other hand is fixed mortgages which means there is a fixed rate of interest for a fixed period of time.
To know more about mortgages refer to the link below
https://brainly.com/question/22598793
#SPJ1
Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Answers
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
Learn more about channels here https://brainly.com/question/25736500
#SPJ4
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Privacy laws include governing what
Answers
According to the video, what are some common issues treated by Marriage and Family Therapists? Check all that apply.
-mental and emotional disorders
-learning and academic challenges
-legal problems
-health and behavioral problems
-relationship issues
work-related issues
Answers
Answer:
Explanation:
mental and emotional disorders
health and behavioral problems
relationship issues
According to the video, some common issues that are treated by Marriage and Family Therapist are:
mental and emotional disorders
health and behavioral problems
relationship issues
Thus option (A), (D) and (E) are correct.
What is marriage?A marriage is the legal bond between two different people living together. A marriage is a process by which two people make their relationship public, official, and permanent.
A marriage is a socially and legally accepted union, usually between a man and a woman that is regulated by laws, rules, customs, beliefs, and attitudes. It gives the legal rights and duties of the partners and gives status to have offspring.
According to the video, some common issues that are treated by Marriage and Family Therapist are: mental and emotional disorders, health and behavioral problems and relationship issues.
Learn more about marriage here:
https://brainly.com/question/29521152
#SPJ6
30 POINTS :D
If someone you don't know asks where you go to school, what should you do?
A. Don't respond
B. See if they're a friend of a friend
C. Ask why they want to know
D. Lie to them
Answers
Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
Answers
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
Learn more about the printer here: brainly.com/question/4455685
Grouper Corporation issued $360,000, 7%, 20-year bonds on January 1, 2022, for $324,655. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable annually on January 1. Grouper uses the effective-interest method to amortize bond premium or discount. New attempt is in progress. Some of the new entries may impact the last attempt grading. Your answer is partially correct. Prepare the schedule using effective-interest method to amortize bond premium or discount of Grouper. (Round answers to 0 decimal places, e. G. 5,275. ) Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value
Answers
To prepare the schedule using effective-interest method to amortize bond premium or discount of Grouper, we need to calculate the annual interest payment, interest expense, and the amortization of bond premium or discount for each year:
Annual interest payment = $360,000 × 7% = $25,200
Year Interest to Be Paid Interest Expense Discount Amortization Unamortized Discount Bond Carrying Value
1 $25,200 $25,972 ($772) $44,728 $319,928
2 $25,200 $26,394 ($778) $43,950 $318,846
3 $25,200 $26,831 ($784) $43,166 $317,582
4 $25,200 $27,283 ($791) $42,375 $316,009
5 $25,200 $27,751 ($797) $41,577 $314,531
6 $25,200 $28,235 ($803) $40,772 $313,047
7 $25,200 $28,735 ($809) $39,959 $311,656
8 $25,200 $29,251 ($816) $39,140 $310,254
9 $25,200 $29,784 ($822) $38,313 $308,842
10 $25,200 $30,334 ($828) $37,479 $307,412
11 $25,200 $30,901 ($834) $36,638 $305,963
12 $25,200 $31,485 ($841) $35,789 $304,505
13 $25,200 $32,087 ($847) $34,932 $303,043
14 $25,200 $32,707 ($853) $34,067 $301,573
15 $25,200 $33,345 ($860) $33,195 $300,095
16 $25,200 $34,001 ($866) $32,315 $298,601
17 $25,200 $34,675 ($872) $31,427 $297,099
18 $25,200 $35,368 ($879) $30,531 $295,590
19 $25,200 $36,080 ($885) $29,627 $294,095
20 $25,200 $36,811 ($892) $28,715 $292,603
At maturity, the bond carrying value will be equal to the face value of $360,000. The bond premium of $35,345 ($360,000 - $324,655) will be fully amortized by the end of the 20-year term.
To know more about effective interest method , refer here :
https://brainly.com/question/28145181#
#SPJ11
Question 1 of 1
Match the color of each sign with the type of information it provides. (45 points)
1: Yellow
A. Recreational and cultural-interest guidance
2: Fluorescent Yellow-Green
B. Regulatorinformationy
3: Orange
C. General warning or caution
4: Green
D. Motorist services guidance
C 5. Brown
E. Warning
6: Blue
F. Stop or prohibition
7: Red
G. Incident management
8: Black & White
H. Directional guidance or navigation; indicates movement is permitted
C 9: Fluorescent Pink
I. Temporary work zone