How does a control manage a specific risk? a. It reduces the likelihood of the event giving
Question:
How does a control manage a specific risk?
a. It reduces the likelihood of the event giving rise to the risk.
b. It reduces the impact of the event giving rise to the risk.
c. It reduces either likelihood or impact or both.
d. It prevents the occurrence of the event.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
c It reduces either likelihood or impact or both Explanation A control in the context of risk manage...View the full answer
Answered By
Mark Odhiambo Odero
As a Bachelor of Education graduate from KIbabii University and an assistant lecturer at JKUAT, I have gained extensive experience and developed professional qualities that make me a great candidate for an academic writer at SolutionInn.
Firstly, I have a strong passion for education and tutoring. This passion has motivated me to pursue a career in education and has helped me to become an effective educator. I believe that education is the key to unlocking the potential of individuals, and I am committed to helping students achieve their full potential. My passion for education has also helped me to stay up-to-date with the latest developments in education and teaching methodologies.
Secondly, I possess excellent communication skills. Communication is an essential aspect of education, and as an assistant lecturer, I have developed effective communication skills that have helped me to interact with students, colleagues, and senior lecturers effectively. I am able to communicate complex ideas in a simple and understandable way, and this has helped me to build strong relationships with my students.
Thirdly, I have strong organizational skills. As an assistant lecturer, I am responsible for preparing course materials, grading assignments, and keeping track of student progress. These responsibilities require a high level of organization and attention to detail, and I have developed effective organizational skills that enable me to manage these tasks effectively. These skills will be useful in my role as an academic writer at SolutionInn, where I will be required to manage multiple projects and meet tight deadlines.
Fourthly, I am a self-motivated and proactive individual. I take the initiative to identify problems and find solutions to them, and I am always willing to go the extra mile to ensure that I deliver high-quality work. I am also a fast learner and can adapt to new situations quickly, which is essential in the fast-paced world of academic writing.
Lastly, I possess excellent research skills. As an academic writer, research is an essential aspect of my job, and I have developed effective research skills that enable me to find relevant and reliable information quickly. I am also proficient in using various research tools and software, which will be useful in my role as an academic writer.
In conclusion, my professional qualities make me a suitable candidate for an academic writer at SolutionInn. I am passionate about education, possess excellent communication and organizational skills, am self-motivated and proactive, and have excellent research skills. I believe that these qualities will enable me to deliver high-quality work and help students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Internal Auditing Assurance & Advisory Services
ISBN: 9780894139871
4th Edition
Authors: Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Cris Riddle, Mark Salamasick, Paul J. Sobel
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Multiple Choice Question 1. Management integrity affects all of the following risks except: a. Enterprise risk b. Financial reporting risk c. Engagement risk d. All of the above 2. An external...
-
Finally, Reza mentions that he was hired into the CFO role on an interim basis with the possibility of being made permanent based on performance. Although he wants to succeed in this role, he does...
-
Why do you think U.S. corporate pension funds projected annual returns for private equity to be higher than that of hedge funds for the 20092013 period?
-
Chinese exports of pharmaceutical products and health supplements worldwide jumped 3 percent to $56 billion last year. Chinese pharma exports to the U.S. rose 4 percent. Questions are being asked in...
-
Claim: 31.5, s = 4.7, n = 12
-
Cite the advantages and disadvantages associated with these merchandise sources for your regular fast-food outlet. How would your answers differ for a global apparel chain? a. Company-owned. b....
-
Problem 2 Wayne has a beginning basis in a partnership of $46,000. His share of income and expense from the partnership consists of the following amounts: Ordinary income Guaranteed payment Long-term...
-
What practices should organizations follow to ensure effective risk management and control of outsourced business processes?
-
Which flowcharting symbol indicates the start or end of a process? a. Arrow. b. Diamond c. Oval. d. Rectangle.
-
Derive circuits that implement the FSMs defined in Figures 6.57 and 6.58. Can you draw any conclusions about the complexity of circuits that implement Moore and Mealy types of machines? DN DN DN D DN...
-
Test - LOG 2060 Intermediate Systems Sustainment Management T07.E02 Describe DoD's Depot Maintenance Enterprise and How Core, 50-50, and Partnering Initiatives Question 30 of 31. In depot...
-
Assuming that StickerGiant plans to expand its business to overseas markets, what are the top 3 environmental factors (economic, political/legal, demographic, social, competitive, global, and...
-
Selina is an avid sky diver. How would an insurer rate the severity/probability of the risks to which Selina is exposed? a) minor/low b) critical/high c) material/medium d) critical/low
-
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing...
-
Perpendicular Offset Practice Problem Find the perpendicular offset and station of Point K relative to line JL. Point K N 2423.58 Point L. Point J N 2537.19 N 2399.34 E 1774.94 E 2223.41 E 2445.15
-
For each of the following statements about using the exponential distribution as the probability distribution of service times, label the statement as true or false and then justify your answer by...
-
Maria Castigliani is head of the purchasing department of Ambrosiana Merceti, a medium-sized construction company. One morning she walked into the office and said, The main problem in this office is...
-
Distinguish between an attractive opportunity and a breakthrough opportunity. Give an example.
-
Explain how new opportunities may be seen by defining a firms markets more pr e cisely. Illustrate for a situation where you feel there is an opportunity namely, an unsatisfied ma r ket segmenteven...
-
In your own words, explain why the book suggests that you should think of marketing strategy planning as a narrowing-down process.
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App