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- QUESTION FOUR [35] 4.1 Discuss the people element affecting the operational risk environment. (10) 4.2 Assess the importance of investment and financing considerations during the risk management prioritisation process. (10) 4.3 Explain the correlation between deductibles and risk management. (15Question 24:Question9  Under the modified accrual basis of accounting: a. Revenues are recognized at the time an exchange transaction occurs. b. Expenses are recognized when an obligation occurs for costs incurred in providing services. c. Expenditures are recognized as the cost of an asset expires or is used up in providing governmental services. d. Revenues are recognized when current financial resources become measurable and available to pay current-period obligations.
- Pls help ASAPA suburban office building in Fort Worth, Texas with 36,000 square feet was purchased for $4,500,000 at an 8% cap rate. Debt service for the first year was $305,000 of which $236,000 was interest and $69,000 was principal. Annual depreciation for tax purposes was $148,000. What was the property’s first year taxable income? a. $124,000 b. $212,000 c. - $24,000 d. $55,000Incorrect Question 7 After you finish speaking at a business law conference, an eager fan asks you how long is an offer considered open for acceptance by the offeree. Your pithy reply is which of the following? Unless the terms of the offer state otherwise, the offer is open for a reasonable amount of time. Indefinitely, until the offeror revokes or rescinds it. Only 10 days, no exceptions. 30 days unless the parties agree otherwise.
- Pls help ASAPCOURSE: DIPLOMA IN ACCOUNTING SUBJECT: BUSINESS & COMPANY LAW I NEED ANSWER FOR ALLBuckeye Department Stores, Inc., operates a chain of department stores in Ohio. The company's organization chart appears below. Operating data for 20x1 follow. Buckeye Department Stores Cleveland Division Columbus Divişion Downtown Individual Olentangy Store Scioto Store Store Stores BUCKEYE DEPARTMENT STORES, INC. Operating Data for 20x1 (in thousands) Columbus Division Scioto Store $2,500 Olentangy Store $5,000 Downtown Store $12,000 Cleveland Division (all stores) $ 22,000 Sales revenue Variable expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Fixed expenses: Depreciation-buildings Depreciation-furnishings Computing and billing Warehouse Insurance Property taxes 3,000 500 60 80 70 2,100 310 50 70 35 6,000 760 90 160 13,000 1,700 220 320 270 130 130 90 90 50 30 70 25 20 260 150 480 310 180 460 220 190 40 80 40 75 210 90 35 80 MacBook Pro %23 % 4 & * 5 6. 7 8. Y D F K C V L.