Author Question: When Derrick became risk manager of Boller Company, he noticed that the company did not have a clear ... (Read 86 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
When Derrick became risk manager of Boller Company, he noticed that the company did not have a clear set of risk management objectives and a clearly-stated risk management philosophy.
 
  Derrick developed a written document stating the company's risk management objectives and risk management philosophy. This document is called a risk management
  A) policy statement.
  B) manuscript policy.
  C) manual.
  D) binder.

Question 2

Each accounting period, Harris Company Department Store charges a bookkeeping account for its estimated shoplifting losses. The method that Harris Company Department Store uses to fund its retained shoplifting losses is a(n)
 
  A) private insurance policy.
  B) captive insurer.
  C) credit line.
  D) unfunded reserve.



TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library