Risk management professional working in erm program

Assignment Help Financial Management

Reference no: EM131976943

1. Sarah is a risk management professional working in the ERM program of her organization. She is currently involved in a study to determine the impact on consumer demand resulting from the organization's effect on the environment. In which ERM step is she involved?

A) develop ERM goals

B) analyze, evaluate and prioritize critical risks

C) implement

D) monitor results of ERM program

2. Mercy Hospital is looking for ways to cut costs given current economic conditions. Which of the following would most likely reduce Mercy Hospital’s dollar cost of carrying receivables?

A) An increase in the volume of services provided on credit

B) An increase in the average collection period (days in receivables)

C) A decrease in the interest rate on short-term debt

D) None of the above

Reference no: EM131976943

Questions Cloud

Planning to issue bonds with face value : Cron Corporation is planning to issue bonds with a face value of $900,000 and a coupon rate of 13 percent.

How do the purposes or uses of a budget vary : Consider how budgeting would be influenced depending on an organization's sources of funding.

What is the new break-even point in units : Prepare a condensed contribution income statement to prove your break-even point. What is the new break-even point in units?

Find the amount the spring is compressed : a. Find the amount the spring is compressed. b. Find the amount of energy converted to thermal. c. Find the minimum coefficient of static friction

Risk management professional working in erm program : Sarah is a risk management professional working in the ERM program of her organization.

Should all healthcare businesses use the same set of ratios : Regardless of the specific line of business, should all healthcare businesses use the same set of ratios when conducting a financial statement analysis?

Apparent speed of light higher : Light goes from medium a to medium b, the incidence angle is 30 and the refraction angle is 40. In which medium is the apparent speed of light higher?

Why is financial risk analysis important to a capital : Critique this statement: The use of debt financing lowers the profits of the firm and hence, debt financing should only be used as a last resort.

Dollar trading results in higher expense ratios : Dollar trading" results in higher expense ratios for an insurer and higher costs for an insured.

User Account

All Pages