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NEW QUESTION 46
E purchases parts for one of the machines it manufactures from Country X Place the risk classification next to the risk it relates to:

Answer:

Explanation:

 

NEW QUESTION 47
MNB is a multinational IT company with headquarters in Asia and with operations in all continents.
MNB is attempting to expand its operations in Europe. This is seen as a major challenge as the European market is very well developed and highly competitive.
MNB develops and manufactures its own products. Parts and assemblies are sourced across Asia, America and Europe. These are sometimes purchased locally as a condition of a contract, but MNB aims to include as much of its own equipment as possible. Transfer prices between MNB's subsidiaries can be set in YEN, USD, EURO, GBP. Transfer prices are revised every month in line with production times as most goods are made on short order with sales cycles running at 3-4 months.
What types of risk are being presented here?

A. Economic riskB. Legal riskC. Political riskD. Fraud riskE. Environmental riskF. Currency risk

Answer: A,C,F

 

NEW QUESTION 48
As part of risk assessment exercise for a low-cost airline you are requested to match the risks listed below with the most approriate method of minimising or dealing with each risk.

Answer:

Explanation:

 

NEW QUESTION 49
Achieving the budget is often used as a good performance measure. However, there are problems with budgets which may mean they are not always good measures of performance.
Which TWO of the following statements about budgets suggest that they should not always be used to measure performance?

A. Budgets may deliberately be set too low by managers so they are easily achieved and make the manager look good.B. Budgets can be used to motivate staff if they are set correctly.C. Budgets can give people goals to achieve and if everyone strives to achieve these goals the whole organisation will benefit.D. Budgets are a commitment. They therefore act as a constraint on doing anything different.

Answer: A,D

 

NEW QUESTION 50
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