Risk assessment techniques can be classified as either quantitative or qualitative. Discuss how each type of technique
Question:
Risk assessment techniques can be classified as either quantitative or qualitative. Discuss how each type of technique can be used to assess risk.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
Quantitative techniques may be used to assess the probability of occurrence A quantitative tec...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Information Systems The Crossroads of Accounting & IT
ISBN: 978-0132991322
2nd Edition
Authors: Donna Kay, Ali Ovlia
Question Posted:
Students also viewed these Accounting questions
-
A diamond can be classified as either gem-quality or industrial-grade 90% of diamonds are classified as industrial-grade. (a) Two diamonds are chosen at random. What is the probability that both...
-
Explain how a bond can be classified as a fixed-income security when the yield to maturity can fluctuate significantly over time, depending on the market price of the bond.
-
Export motives can be classified as reactive or proactive. Give examples of each group of export motives. How would you prioritize these motives? Can you think of motives other than those mentioned...
-
Carrefour issue its own credit card. The sales manager purchase clothes for his family for 900 using Carrefour credit card on the 1st of April. If Carrefour charge 2% per month on the amount the...
-
A more general theory of the factors that cause changes in the price level states that the price level depends on the money supply, velocity, and Real GDP. 1. List the changes in the money supply,...
-
How does a firm in a competitive market decide what level of output to produce in order to maximize its profit?
-
In Example 4.1, \(X\) is the current measured in milliamperes. What is the expected value of power when the resistance is 100 ohms?
-
Story Park competes with Splash World by providing a variety of rides. Story sells tickets at $50 per person as a one-day entrance fee. Variable costs are $10 per person, and fixed costs are $240,000...
-
You are considering an investment in Eicher Motors stock and wish to assess the firm's long - term debt - paying ability and its use of debt financing. All of the ratios can be used to assess...
-
X Ltd. has 10 lakhs equity shares outstanding at the beginning of the accounting year 2016. The appropriate P/E ratio for the industry in which D Ltd. is 8.35. The earnings per share is Rs. 15 in the...
-
Explain the two aspects of risk assessment. What are pertinent questions in assessing each?
-
Refer to Figure 12.1. Identify the different risks that each of the three levels of IT control addresses.
-
John and Karl can live together in a two-bedroom apartment for $500 per month, or each can rent a single-bedroom apartment for $350 per month. Aside from the rent, the two would be indifferent...
-
The CPM schedule provides a great deal of information that is useful to a construction project manager. What do you believe are the three most useful applications, and why do they top your list?
-
Do you agree or disagree with the Supreme Court's restrictions on the use of the habeas corpus petition? Why?
-
Does an expected value represent the most likely outcome?
-
Discuss an ethical issue in marketing research that relates to each of the following stakeholders: (1) client, (2) the supplier, and (3) the respondent.
-
Visit www.marketresearchcareers.com. What are some of the common career paths in marketing research?
-
(a) If f(x) = x/(x 2 + 1), find f'(x) and f"(x). (b) Check to see that your answers to part (a) are reasonable by comparing the graphs of f, f', and f".
-
Using (1) or (2), find L(f) if f(t) if equals: t cos 4t
-
How do companies add value, and what are the dimensions of performance that customers are expecting of companies?
-
This chapter described how to create tables and records in Microsoft Access. What other database management systems are available? Use the Internet to determine their current retail prices.
-
Give some examples of field names that you would use for the Customer table in Figure. What data type would you assign to each field using Microsoft Access, and how large would you make each text...
-
Identify the different data types available for creating data fields in Microsoft Access. Similarly, identify the different types of numbers (e.g., Long integer) you can use if you define a field as...
-
Over a period of four and half years an investment grows to $ 2 0 , 0 0 0 . ( a ) If money in this investment accummlated at a simple interest rate of 8 % , what was the initial amount for the...
-
It is December 3 1 , 2 0 2 3 . Lincoln has an asset ( Basis $ 1 0 , 0 0 0 ; FMV = $ 4 0 , 0 0 0 ) . The gainon the asset is subject to depreciation recapture and will result in $ 3 0 , 0 0 0 in...
-
Define and explain the four basic functions that constitute the management process? What is a partnership? List four advantages and disadvantages of operating a business as partnership? Give an...
Study smarter with the SolutionInn App