Which of the following taxpayers is allowed to fully deduct private mortgage insurance (PMI) on their Schedule A, Form 1040? Sam is single, his AGI is $106,000. He paid $600 in PMI. Abe and Sue are married and will file married filing jointly. Their AGI is $120,000 and they paid $1,200 in PMI. Gia is married but she will file using the married filing separately status. Her AGI is $55,000 and she paid $900 in PMI. Joe is single, his AGI is $99,000. He paid $800 in PMI. Mark for follow up

Answers

Answer 1

The following taxpayers are eligible to write off all of their private mortgage insurance costs.

Private mortgage insurance (PMI) premiums are, in fact, deductible as part of the mortgage interest deduction through tax year 2021. However, be mindful of the phaseout limits. At an AGI of $100,000, the deduction starts to phase off gradually. At an AGI of $109,000, it totally phases out.

PMI tax: What is it?

When borrowers are unable to come up with a 20% down payment for a property, lenders force them to pay PMI. The cost of PMI, which is often incorporated into the monthly payment, ranges from 0.4% to 2.25% of the mortgage each year. 2. Once a borrower has reduced the principal of the mortgage enough, PMI might be cancelled.

How much longer must I pay PMI?

Your lender or servicer must stop the PMI the month after you reach the halfway point of your loan's amortization schedule if you are current on your payments. (This last termination is still applicable even if your home's value has not increased by 78 percent.)

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Related Questions

What contingency factors might affect the
planning a business managers have to
do?

Answers

The contingency factors that might affect the planning a business managers have to do includes:

Environmental Uncertainty.Organizational Level.Time limit.

What is a contingency factor?

It refers to the provision that the cost estimator makes to cover the unforeseeable expenses that the project may incur. Such expenses may result from factors such as unpredictable weather conditions, uncertainties within the project, incomplete design plans

In conclusion, the amount to be allotted for each contingency factor depends on the amount of detail in the project's design as well as its level of uncertainty.

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Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death

Answers

Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.

Who is a lawyer?

A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court

The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.

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Answer:

b

Explanation:

1. Do you agree that Awake should be quiet about its Corporate Social Responsibility efforts? 2. If you were CEO of Awake, would you leverage your CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet? 3. What are some risks that you might encounter if you chose to market your CSR efforts loudly?​

Answers

1. I do not agree that Awake should be quiet about its Corporate Social Responsibility efforts

2. I will leverage the CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet.

3. The risks that you might encounter if you chose to market your CSR efforts loudly is loss of competitive power.

What is the Corporate Social Responsibility?

This refers to the idea that a firm should play a positive role in the community and consider the environmental and social impact of its business decisions.

The types of corporate social responsibility of business includes:

environmental responsibilityethical responsibilityphilanthropic responsibilityeconomic responsibility

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Locate a news article discussing a social services business failure or closure. Using the concepts in the lesson and Chapter 7, identify the root causes for the failure, examining the short run and long run. Use graphs if necessary

Answers

This is characterized by the absence of funding to help social entrepreneurs, as well as by ignorance of funding sources and a lack of project integration expertise.

What is a root cause diagram?

A fishbone diagram, also known as an Ishikawa diagram, is a visual technique for root cause analysis that classifies cause-and-effect interactions into groups. Kaoru Ishikawa of the University of Tokyo popularized the Ishikawa diagram, which was utilized as a fundamental tool for quality control.

A root cause is an element that contributed to a nonconformance and ought to be permanently removed via process improvement. The core issue, or root cause, is what started the complete chain of events that led to the problem in the first place. It is also the most fundamental cause (s).

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THE OWNER MS ROSE PETALS CONTRIBUTED R80 000 AS CAPITAL CONTRIBUTION. ISSUED RECIEPT NO 57

Answers

Based on the fact that the owner contributed R80,000 as capital contribution, the journal entry is:

Date                  Account title                                      Debit              Credit

XX-XX-XXXX    Cash                                               R80,000

                          Capital - Ms. Rose                                                R80,000

How is capital contribution treated?

When a capital contribution is made by the owner of a company or by the owners of the company, the value of the amount or asset donated will be credited to the Capital account.

The cash account will be debited if it was cash that was introduced to the company like Ms. Rose Petals did.

Rest of the question:

Prepare the journal entry to record the capital contribution of Ms. Rose Petals.

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This is a representation of the orgaization’s pay level policy, relative to what competitors pay for similar jobs:
A. Pay-policy line
B. Efficiency wage
C. Market medium point
D. Benchmark conversion graph

Answers

This is a representation of the organization's pay level policy, relative to what competitors pay for similar jobs is A. Pay-policy line.

What is Pay-policy line?

The term known as Pay policy lines are known to be factors that are useful when trying to depict survey data and comparing them with the internal pay structure.

Note that from the use of the pay policy line, organizations tend to set up  the minimum as well as the maximum pay levels, the assocaition between pay grades, and the scope of a pay grade.

Therefore, This is a representation of the organization's pay level policy, relative to what competitors pay for similar jobs is A. Pay-policy line.

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What should you include on an income statement?

Select all correct answers.


1. income
2. expenses
3. net profit
4. all assets

Answers

All of the factors that have to be included in the income statement are:

1. income2. expenses3. net profit

What is meant by the income statement?

This is the term that is used to refer to the financial statement that would be made to show the revenue, the expenses and the profits that are made by a given company over a period of time. This is also called the earnings statement. It shows the revenue that is made from business.

Hence we can say that All of the factors that have to be included in the income statement are:

1. income2. expenses3. net profit

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prevent you from doing what y
ou desire; the loss of something desired. ​

Answers

Answer:

The correct answers are "-able" and "-ous"

Explanation:

The root desire can have different suffixes that will determine the function of the word.

For example, with the suffix "-able", the noun desire is changed into the adjective "desirable". The meaning of the adjective is something that has pleasing characteristics or qualities.

Also, if we add the suffix "ous" to the word desire, we come up with another adjective, "desirous", that means that you want something very much. This adjective is used with the preposition "of": "desirous of something".

Answer:  it will be desired

Explanation:

A task is something that needs to be accomplished in order to move into the nex
stage.
True
False

Answers

TRUE, task is something u have to accomplish to move on to the next thing yea
true it only makes sense

A firm recently paid a $0.75 annual dividend. The dividend is expected to increase by 11 percent in each of the next four years. In the fourth year, the stock price is expected to be $36. If the required return for this stock is 14.5 percent, what is its current value?

Answers

The current value of this stock is $29.3 if the needed return is 14.5 percent.

How much are stocks worth?

The capacity of a company to generate and increase earnings determines the value of its shares. Expectations for earnings are based on economic, sectoral, and company-specific variables. Stock value is impacted by market capitalization size. A stock's worth is influenced by its market acceptance or perceived value.

One equity share among the many sellable shares of a firm is valued at one share price. The lowest price at which a stock can be purchased or the greatest price someone is willing to pay for it is known as the stock price.

The stock's current value will be as follows if the needed return is 14.5%:

Stock value = Dividend per share / (required rate of return - Dividend Growth rate)

dividend in

1st year = 0.75

2nd year = 0.75 (1 + 0.11) = 0.833

3rd year = 0.833 (1 + 0.11) = 0.924

4th year = 0.924 (1 + 0.11) = 1.025

Stock value= 1.025 / (14.5 - 11) = $0.293

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Suppose that the Federal Reserve Bank announces that it will be making a change to a key interest rate to increase the money supply. This is likely because
Group of answer choices

A.)the Federal Reserve Bank is worried about inflation.

B.)the Federal Reserve Bank is worried about unemployment.

C.)the Federal Reserve Bank is hoping to reduce the demand for goods and services.

D.)the Federal Reserve Bank is worried that the economy is growing too quickly.

Answers

Answer:

A.)the Federal Reserve Bank is worried about inflation.

Explanation:

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Bronco consulting statement of Cash Flows for the Month Ended August 31,
Cash flows from (used for) operating activities:
Cash received from customers

Cash paid for expenses and to creditors
Net cash flows used for operating activities
Cash flows from (used for) investing activities
Cash flows from (used for) financing activities:
Cash received from issuing common stock
Cash paid for dividends
Net cash flows from financing activities
Net increase in cash
Cash balance, August 1, 20Y1
Cash balance, August 31, 20Y1

Answers

Bronco consulting statement of Cash Flows for the Month Ended August 31, Cash flows from (used for) operating activities are:

Bronco Consulting

Statement of Cash Flows

For the Month Ended August 31, 20Y1

 Amount($) Amount($)

Cash flows from operating activities:    

Cash receipts from customers                                     31,540  

Cash payments for expenses and payments to creditors(Working note)                           -29,060  

Net cash flow used for operating activities                2,480

Cash flows from investing activities                           -  

Cash flows from financing activities:    

Cash received from issuing common                              32,180  

Cash paid for dividends                                               -8,000  

Net cash flow from financing activities                  24,180

Net increase in cash                                                  26,660

Cash balance, August I, 20YI                                    -  

Cash balance, August 31, 20YI                                  26,660

   

Working note

Rent expense                                8,700

Auto expense                        4,180

miscellaneous expense         1,930

Salaries expense                         12,900

total expense                              27,710

 

Accounts payable                         1,350

Total cash payment for an expense  

& creditors thus is 29,060

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Your company experience 20 percent turnover last year. This means 20 percent of the people employed at the beginning of the year were terminated no longer employed by the years end. You know that a year from now you will need to hire 40 more people in your company to keep up with increasing customer demand. How many employees should you plan on hiring assuming turnover remains constant?

Answers

There will be a requirement to hire forty (40) and an additional 20% of the entire workforce in order to maintain the company's employee turnover ratio at a consistent level.

What is turnover rate in business?

Employee turnover, also known as employee turnover rate, is the number of workers who leave a company in a given time frame, usually one year.

How to calculate turnover percentage?

"Divide the total number of people quitting their jobs by the average number of people working at the company [the average number of employees at the start and end of the time period]." The staff turnover rate can then be calculated by multiplying that figure by 100.

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Selling and shipping raw materials or products to other nations is called
O a. alien trading.
O b. importing.
O c. deficit trading.
O d. tariffing.
O e. exporting.

Answers

Answer:

exporting

Explanation:

export

verb

gerund or present participle: exporting

/ɪkˈspɔːt,ɛkˈspɔːt,ˈɛkspɔːt/

send (goods or services) to another country for sale.

"nearly all the bananas produced were exported to Britain"

Similar:

sell overseas/abroad

market overseas/abroad

send overseas/abroad

trade internationally

transport

Opposite:

import

spread or introduce (ideas and beliefs) to another country.

"the Greeks exported Hellenic culture around the Mediterranean basin"

Similar:

transmit

spread

disseminate

circulate

communicate

pass on

put about

convey

bruit about/abroad

COMPUTING

transfer (data) in a format that can be used by other programs.

"the information can be exported to a database"

reason for a bimodel distribution

Answers

The reason for a bimodel distribution is that a bimodal distribution may occasionally result from merging data from two processes or populations.

What is a bimodel distribution?Two modes comprise a bimodal distribution. In other words, the results of two distinct processes are integrated into a single collection of data. The distribution sometimes goes by the name "double-peaked." Consider the distribution of production data over two shifts in a manufacturing facility.Bimodal distributions frequently happen as a result of underlying events. A bimodal distribution, for instance, can be seen in the amount of patrons who visit a restaurant each hour because people typically eat out for lunch and dinner. The bimodal distribution is brought on by the underlying human behavior.If a data set has two modes, it is bimodal. This indicates that no particular data value has the highest frequency of occurrence. Instead, the highest frequency is tied between two data values.

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Question 5 of 10 Examine the supply and demand schedules for laptops. How much would a seller charge if he or she wanted to sell laptops for their equilibrium price? Price of laptops Quantity supplied O O O O A. $300 $400 $500 $600 $700 $300 $400 $500 $600 $700 $500 B. $700 C. $400 Price of laptops D. $300 100 300 500 700 900 Quantity demanded 450 300 200 150 125 SUBMIT it's C​

Answers

Based on the supply and demand schedules for the laptops, if the seller wanted to sell their laptop at the equilibrium price, the price they would sell at is $400.

What price is the equilibrium price?

The price that the seller wants to charge for their laptops is the equilibrium price. The equilibrium price in a market is the price at which the suppliers supply the same amount of goods that the consumers in the market want for that same price.

In the market for laptops, the equilibrium price would be $400. This is because at this price, the quantity supplied for laptops is 300 and the quantity demanded is 300 as well.

The seller would therefore sell at the price of $400 if they would like to sell at the equilibrium price.

In conclusion, the equilibrium price is $400.

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sddsdsdc sdxasdxefdsds

Answers

Answer:

DJJWJJEJJDJJDJJEJJE

Explanation:

trust

When there is high unemployment,
which of the following occurs in
society?
A. There is a greater reliance on government assistance.
B. There is a greater reliance on management creating
income.
C. There is a greater reliance on consumer spending.
D. There is a greater reliance on educational spending.

Answers

When there is high unemployment, A. There is a greater reliance on government assistance occurs in society.

A society is a collection of people involved in chronic social interaction, or a massive social institution sharing the identical spatial or social territory, normally subject to the identical political authority and dominant cultural expectancies

The totality of social relationships amongst prepared organizations of people or animals. a system of human businesses generating exceptional cultural styles and establishments and usually presenting protection, protection, continuity, and a countrywide identity for its contributors.

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what is your view on the "online gaming system with absolutely no physical presence in the presence in the philippines. shall be considered as "doing business" in the philippines and was thus required to obtain a license to do business from the SEC, state facts to support your answers.

Answers

It is TRUE to state that "online gaming system with absolutely no physical presence in the presence in the Philippines can be considered as "doing business"

What is the justification for the above assertion?

The Securities and Exchange Commission - SEC stated various criteria to support the corporation's presence in the Philippines:

1) establishment of the online account takes place in the Philippines;

2) Access is granted by users in the Philippines;

3) The material is paid for using local credit cards from within the Philippines; and

4) The web material is delivered in the Philippines. The IP address in the Philippines gets the offer of services, transmits the acceptance of the offer to the virtual plane, and lastly, the content or service is delivered to the account holder's IP address in the Philippines via such virtual plane.

As a result, "the transactions will be executed in the Philippines," according to the SEC.

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a. Service charges of $50 for the month of January were listed on the bank statement.
b. The bank charged a $250 check drawn on Wing Restaurant to Wong's account. The check was included in Wong's bank statement.
c. A check of $62 was returned to the bank because of insufficient funds and was noted on the bank statement. Wong received the
check from a customer and thought that it was good when it was deposited into the account.
d. A $990 deposit was recorded by the bank as $980.
e. Four checks totaling $810 written during the month of January were not included with the January bank statement.
f. A $75 check written to Office Max for office supplies was recorded in the general journal as $57.
g. The bank statement indicated that the bank had collected a $450 note for Wong.
h. Wong recorded $900 of receipts on January 31 that were deposited in the night depository of the bank. These deposits were not
included in the bank statement.
Reconciling Book Balance
Items
Adjusted?
Amount Added
or
Subtracted?

Answers

Reconciling the Book Balance with the items adjusted in Wong Company's ledger is as follows:

Items Adjusted    Amount       Amount                                Added    Subtracted

a. Service charges                                 $50

c. Dishonored Check                             $62

f.  Accounts Payable                               $18

g. Note Receivable      $450

Total                             $450                 $130

What is bank reconciliation?

Bank reconciliation is an accounting process that matches the entries in the bank statement with the internal records of the company.

During bank reconciliation, the accountant finds discrepancies that cause the Bank Statementbalance not to agree with the Cash Book balance.

After discovering the transaction discrepancies, the Cash Book is adjusted with reconciling items found from the bank statement.

Transaction Analysis:

a. Service charges $50 Cash $50

b. Wing's check debited against Wong $250

c. Dishonored Check $62:

Accounts Receivable $62 Cash $62

d. Under-accounted deposit by $10 ($990 deposit as $980)

e. Checks not presented $810

f.  Accounts Payable $18 Cash $18 ($75 - $57)

g. Cash $450 Note Receivable $450

h. Uncredited checks $900

Thus, the total amount that will be added to the Cash Book of Wong Company is $450 while a total of $130 will be subtracted to reconcile the book balance with the bank statement.

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If you are filing your tax return as an individual, you will need to itemize your taxes if
(1 point)
the sum of your deductible contributions is less than $300.
the sum of your deductible contributions exceeds $300.
you don't have any deductible contributions.
you donated to a religious institution.

Answers

If you are filing your tax return as an individual, you will need to itemize your taxes if the sum of your deductible contributions is less than $300.

What does it mean to file a tax return?

To file a tax return means to fill in the documents that have to do with the taxes that a person owns to the government authorities responsible for taxes based on the income that they make in the economy and based on their expenditures also.

The person that is filing this has to do so with the authority that is closest to the areas that they are residing.

The tax that is paid to the government can be defined as the money that a person makes from the businesses and the salary that they are paid in the economy.

Hence we can conclude by saying that If you are filing your tax return as an individual, you will need to itemize your taxes if the sum of your deductible contributions is less than $300.

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Answer:

the sum of your deductible contributions exceeds $300.

Explanation:

connexus

QUESTION 6
What do you think will happen to groups outside the regulation such as the payday loan market if this proposal is passed?
O A. It will likely help them
O B. All outside groups will be affected equally.
OC. It will likely hurt them
O D. No outside groups will be affected

Answers

The effect of the regulation on groups like the payday loan market which are outside the regulation is A. It will likely help them.

How will the regulation affect others?

The regulation will help the loan suppliers that are outside the regulation because more people will go to them to be able to get loans for their needs and wants.

This is because the regulation on the title loan market has reduced their source of easier loans and so those groups that are not regulated such as the payday loan market, will be alternatives that will offer people loans. These groups will therefore be helped by the regulation.

Question summary:
The first part of the question refers to a new regulation on the Title loan market that is meant to reduce the amount of loans being taken by people.

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Explain how collaboration could improve team performance​

Answers

Answer:Why is collaboration important? Collaboration improves the way your team works together and problem solves. This leads to more innovation, efficient processes, increased success, and improved communication

Explanation:Brainliest award


2. Juanita Samuels presents a check for $100 drawn on another bank to her bank's teller. She
wants currency back in $10 bills to give as holiday gifts to nieces and nephews. Under what
conditions may the teller cash the check?

Answers

Based on the fact that Juanita Samuels presents a check for $100 and wants currency in $10 bills, the conditions that a teller can cash the check is:

Correct date is written The check has been endorsed appropriatelyThe check has not been altered

When can a cashier cash a check?

A cashier can only cash a check if it abides by the requirements of UCC Article 3 which calls for three main requirements.

The first is that the check should not have been altered in any way. The correct date must also be written and the check must be endorsed properly by the owner.

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If the demand for cell-phone data decreases and supply decreases, equilibrium quantity?

May increase or decrease and the equilibrium price increases.

Falls and the equilibrium price increases.

Falls the the equilibrium price may increase or decrease.

Falls and the equilibrium price decreases.

Answers

If the demand for cell-phone data decreases and supply decreases, equilibrium quantity falls the the equilibrium price may increase or decrease. (third option).

What is the impact of a decrease in demand and supply?

When there is a change in demand, it means that other factors other than the price of the good has caused demand to change. An example of such factors is a change in consumer's taste.

When there is a change in demand, the demand curve would either shift to the left or the right. When demand decreases, the demand curve would shift to the left. When demand decreases, both the equilibrium price and quantity would decrease.

When there is a change in supply, it means that other factors other than the price of the good has caused supply to change. An example of such factors is a change in the number of producers.

When there is a change in supply, the supply curve would either shift to the left or the right. When supply decreases, the supply curve would shift to the left. When supply decreases, the equilibrium price quantity increases and equilibrium quantity would decrease.

Taking these two changes together, equilibrium quantity falls the the equilibrium price may increase or decrease.

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1. McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payments by check. The cash account as of December 31 has a credit balance of $1,850, and there is no undeposited cash on hand. (a) Assuming no errors occurred during journalizing or posting, what caused this unusual balance? (b) Is the $1,850 credit balance in the cash account an asset, a liability, stockholders’ equity, a revenue, or an expense?

2. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain

Answers

1a) Assuming no errors occurred during journalizing or posting, the cause of the unusual balance is an overdraft.

1b) The $1,850 credit balance in the cash account is a liability.

2. If the two totals of a trial balance are equal, it does not mean there are no errors in the accounting records.

What errors do not affect the trial balance?

Some accounting errors do not make the trial balance to be unequal.

Some of the errors that will not affect the trial balance include:

Errors Of PrincipleErrors of OmissionIncorrect reportingTransposition ErrorCompensating ErrorsErrors Of CommissionReversal Of Entry ErrorLate payment charges.

When anyone of the above errors occurs, the trial balance will still be in balance, and the two totals will be equal.

Data and Calculations:

Cash account balance on December 31 = $1,850 Credit

Thus, when the Cash account has a credit balance, it signifies an overdraft, especially when the balance is significant.

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age
The horizontal summation of all individual demands at different given prices results in the:
a. market supply curve.
Ob. equilibrium demand and supply curves.
c. market demand curve.
d. individual demand curve.

Answers

The horizontal summation of all individual demands at different given prices results in the formation of a market demand curve. Therefore, the option C holds true.

What is the significance of market demand curve?

The market demand curve can be referred to or considered as the total of the demands of all the individuals present in the market who consume a specific market during a given time, and at different prices. The summation of individual demand curve is the market demand curve.

Therefore, the option C holds true and states regarding the market demand curve has been aforementioned.

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Meg Whitman, former CEO of HP, stated that early in her career she gained credibility and displayed competence through her focus on

Answers

Meg Whitman, former CEO of HP, stated that early in her career she gained credibility and displayed competence through her focus on creating a successful track record.

Whitman resigned as CEO of eBay in November 2007, but remained on the board and served as an guide to new CEO John Donahoe till past due 2008. She was inducted into the U.S. business hall of fame in 2008. Meg Whitman is nice recognized for taking eBay from $five.7 million to $8 billion in sales as CEO from 1998 to 2008. Whitman presently serves as the us ambassador to Kenya. She changed into CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. Meg Whitman, in full Margaret Whitman, (born August four, 1956, Spring Harbor, new york, U.S.), American commercial enterprise government and flesh presser who served as president and CEO of eBay (1998–2008), a web auction business enterprise, and later of the technology company Hewlett Packard (2011–15).

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When implementing the various strategies for risk management, it is necessary to take into
account the individual components that makeup risk management. Illustrate.

Answers

The different components of a risk management process add up to the overall system. If any of the components fails, it may have an impact on the overall risk management system.

How do you put risk management methods into action?

The following measures must be taken to implement and manage risks:

Prioritize.Obtain insurance.Reduce Your LiabilityEstablish a Quality Assurance Program.At High Risk, Limit Customer Control ExpansionForm a Risk Management Group.

What does risk assessment entail?

The overall process or strategy of identifying hazards and risk variables that have the potential to cause harm is referred to as risk assessment (hazard identification).

Analyze and evaluate the threat's related danger (risk analysis, and risk evaluation).

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You are head of the largest merchant trading house on the Silk Road. It is the year 1500, and the long prosperity of the Pax Romana has created strong demand in Italy for the luxury products you import from China and India. Chief among those products is silk. Everybody who is anybody wants their clothes made of silk. There is a great desire in the west to have the exotic goods of the east. And the most widely desired of those goods is that marvellous fabric called silk. It is beautiful to the eye, smooth to the touch, light in weight and very strong. How it is made is a mystery, only the Chinese know that, and they carefully guard the secrets of its manufacture. You also trade in other fine products to enhance the enjoyment of life. There are jewels to delight the eye, spices to tantalize the palette, medicines to heal the body and substances to soothe the mind. These are the products that are carried on the Silk Road. They are high in value, and smaller in size and weight than the common commodities of daily life such as grain, leather, iron, wood or woollen cloth. It is this combination of high value, small size and lightweight that makes it profitable to transport such products over long distances. These cities are also places where caravan leaders can sell their products to local merchants and return to their cities of origin. One way to manage the risks inherent in a long journey on the Silk Road is to specialize in just one or a few shorter routes between certain cities. The prices you can get for products increase the further you go from the origin points of those products, but costs and risks also increase the further you carry those products. So, you balance the risks against potential profits. In meetings with caravan leaders, and countless conversations with other merchants, travellers, priests, and soldiers, you are forever gathering information about conditions on the Road and prices and supply and demand for different products. You work at developing an i

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Answer:

For more than 1,500 years, the network of routes known as the Silk Road contributed to the exchange of goods and ideas among diverse cultures

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