The following describes the benefits of having a sound enterprise- wide Risk Management System except : A. Facilitates elimination of all business risks B. Manage performance variability C. Enhance Business resilience against changes D. Improve distribution of resource across the firm

Q: A company's strategy should be limited by its existing resources The management accountant should…

A: A company's strategy should be limited by its existing resources: - FALSE A good strategy will help…

Q: A process that create a financial position that offsets the risk of an ongoing business process is…

A: Transfer of risk: Transfer of risk is one the strategy for risk management. This involves transfer…

Q: Why is it important for a firm such as EY, in a case such as Groupon, to fully understand the nature…

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A: DuPont is very important concept in the equity analysis.

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A: Monitoring performance is the correct answer because it involves systematically observing and…

Q: Describe how Enterprise Risk Management adds more value to an organization than Silo Risk…

A: The act of discovering, assessing, and controlling threats to an organization's capital and revenues…

Q: Which of the following is not a potential benefit of usingbudgets?a. Enhanced coordination of firm…

A: A business may expect benefits from preparing a formal budget in many ways, as follows: Enhanced…

Q: Which of the following is not a factor that influences a business's control environment?…

A: Business control environment: This business control environment is an internal control that operates…

Q: Explain two of the risks companies face when outsourcing the IT function. How can the risks you…

A: Outsourcing means the business practice of hiring other businesses to perform functions of the…

Q: Write in detail about strategy map in a business and it's value chain .

A: Strategy Map: It is a basic graphic that demonstrates a causal relationship between strategic…

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: The term strategic management accounting involves: Select one: O A. The identification, measurement…

A: The term strategic management accounting involves: (D) a and b above Strategic management accounting…

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A: Management accountant is entrusted with the task of converting financial data into useful…

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Q: Which of the following makes for an effective control environment with regards to commitment to…

A: SOLUTION- CONTROL ENVIRONMENT- IT IS ALSO CALLED INTERNAL CONTROL ENVIRONMENT . IT IS A TERM OF…