Enterprise nsk management includes developing risk responses for the identified events Risk responses should consider Time Value Tables Calculator Reducing Identified Risks New Opportunities Yes A No No Yes B No No Yes Yes D Organic Groceries is located in Florida and the upcoming hurricane season is supposed to be especially rough. The owner understands the many different risks that a bad hurricane poses to the business and their customers. What steps should the owner take to manage this risk? 9 Time Value Tables s Calculator 5 A Identify the issues created by a hurricane, develop procedures to control the risk, and monitor B Identify the various issues that a hurricane creates, assess each individual risk, and then decide on a response Determine how to respond to each risk and then assess the impact of the individual risks. Monitor the hurricane information and communicate the risk information to the management team. Amanagement accountant believes that information included in reports to upper management is materially incorred The accountant discusses the matter with the accountants supervisor and is told that the CFO has requested the information to be reported in that manner. The supervisor cautions the accountant that confidentiality precludes disclosing that the information is not accurate. Which one of the following would not be an appropriate response by the accountant? B Tirne Value Tables Calculator A Doing nothing further since the immediate supervisor has been notified, B Taking the matter to the CEO or board of directors Initiating a confidential discussion with an IMA ethics counselor. D Notifying the immediate supervisor then discussing the matter with the CFO MoreLine produces two main products, Zantyr and Belmin, with costs and selling prices as shown below. Unit selling price Variable costs per unit Contribution margin per unit Zantyr S22 50 14.20 $830 Belmin $12.00 940 $2.60 Fixed costs for the firm are $129,300. MoreLine projects profits next year of $25,860 on sales of 36,000 units. How many units of Zantyr does the company expect to sell? 3 Time Value Tables BIET Calculator A 10.800 B 15,578 18,694 D 25,200