All of the following statements are true about a member firm's Business Continuity Plan EXCEPT the BCP must: A address how the member firm would deal with a significant business disruption B include scenarios of increasing severity and how the member plans to respond C be provided to any new customer at account opening D be provided to customers every 36 months after the account is opened

Answers

Answer 1

Answer:

D. be provided to customers every 36 months after the account is opened

Explanation:

business continuity plan can be regarded as system of procedures of organization that is aim to restore critical business functions whenever the situation of of unplanned disaster events surface. These disasters could be service outages as well as natural disasters and other potential threats. It is the the capability that an organisation could have to be able to continue the delivery of products/services following a disruptive incident at pre-defined acceptable levels.

It should be noted that For a member firm's Business Continuity Plan , the BCP must;

✓ be provided to any new customer at account opening

✓ address how the member firm would deal with a significant business disruption

✓ include scenarios of increasing severity and how the member plans to respond


Related Questions

Some economists believe that higher marginal income tax rates __________ the incentive to work and thus shift the __________. Question 14 options: increase; AD curve to the right increase; SRAS curve to the right increase; SRAS curve to the left decrease; AD curve to the left decrease; SRAS curve to the left Question 15 (1 point)

Answers

Answer:

The answer is "Decrease; SRAS curve to the left".

Explanation:

It indicates that certain incomes fall into additional tax categories, owing to a higher percentage of all raising revenue earned above the preceding category. Increased marginal cost tax rates would require a greater percentage of tax revenue. It will cut labor and lower output so that the limited supply aggregate curve could be moved to the left.

At December 31, Gill Co. reported accounts receivable of $246,000 and an allowance for uncollectible accounts of $1,200 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:

Answers

Answer:

the amount of the adjustment for uncollectible accounts would be $11,040

Explanation:

The computation of the amount of the adjustment for uncollectible accounts would be given below:

= Account receivable × uncollectible percentage + debit balance of the uncollectible accounts

= $246,000 × 4% + $1,200

= $9,480 + $1,200

= $11,040

Hence, the amount of the adjustment for uncollectible accounts would be $11,040

Sandra Wilson is paid one and one-half times the regular hourly rate for all hours worked in excess of 40 hours per week and double time for work on Sunday. Wilson's regular rate is $12 per hour. During the week ended July 3, she worked 9 hours each day from Monday through Friday, 6 hours on Saturday, and 4 hours on Sunday. Wilson's overtime earnings for the week ended July 3 are a.$294. b.$180. c.$430. d.$360.

Answers

Answer:

a. $294

Explanation:

Number of hours worked each day = 9 hours

From Monday - Friday = 5 days

Total hours worked from Mon to Fri = 9 hours * 5 days

Total hours worked from Mon to Fri = 45 hours

Excess hours worked in 5 days = 45 hours - 40 hours

Excess hours worked in 5 days = 5 hours

Regular rate = $12 per hour

Hourly rate in excess of regular hours worked = $12 * 1.5

Hourly rate in excess of regular hours worked = $18

Total excess hours worked till Saturday = 5 hours + 6 hours

Total excess hours worked till Saturday = 11 hours

Hours worked on Sunday = 4 hours

Hourly rate for worked on Sunday = $12 * 2

Hourly rate for worked on Sunday = $24

Overtime earnings = (Total excess hours worked till Saturday * Hourly rate in excess of regular hours worked) + (Hours worked on Sunday * Hours worked on Sunday)

Overtime earnings = (11 hours * $18) + (4 hours * $24)

Overtime earnings = $198 + $96

Overtime earnings = $294

Why did the author introduce factors of
production before discussing land, labor and
capital?
A
to help the reader understand what
economic resources are before introducing
the three groups of economic resources.
B
to help the reader understand the role of
economists before introducing what it is that
economists study
с
to help the reader understand why there is
demand for certain inputs before
introducing the idea of input scarcity
D
to help the reader understand what goods
and services are before introducing how
those goods and services are brought about

Answers

Answer: A . to help the reader understand what  economic resources are before introducing  the three groups of economic resources.

Explanation:

Land, labor and capital are the three most important factors of production so in introducing factors of production first, the author wanted to give a background of what factors of production are before then giving the types of factors there are.

The background information given is to enable the reader understand what economic resources/ factors of production are so that they would then be able to understand the general need for land, labor and capital when they are introduced.

Karsten had a great experience with his apartment and landlord until about two months ago, when the plumbing in the unit above started leaking into his apartment. The landlord keeps saying he’ll fix it but hasn’t, and now Karsten has mold growing on the ceiling and walls. Karsten is moving out before his lease has expired, which is a form of ______.

Answers

Answer:

Constructive eviction

Explanation:

Constructive Eviction can be said to mean a term usually used in the law when it comes to real estate and or properties. It is used to describe any situation where the landlord does something or does nothing, when s/he is meant to have done so, as expected by law. This then leads to the property being inhabitable.

In the context of the number and the intensity of external factors in the environment that affect organizations, a(n) _____ is defined as an environment with few environmental factors.

Answers

Answer:

simple environment

Explanation:

Organizational environment can be regarded as internal as well as external environmental factors which can influence the activities and

decision making of the

organization. The environment of an organization has a surroundings which has favourable or unfavorable effects on its operations. simple environment is one with a limited environmental factors which can influence or affect the operation of the organization, the intensity of external factors that affects

simple environment is very low compare to complex environment. It should be noted that In the context of the number and the intensity of external factors in the environment that affect organizations, simple environment is defined as an environment with few environmental factors.

A husband and wife have a joint account with a member firm. The wife calls the registered representative with instructions to liquidate their 500 share position of ABC stock. The registered representative should: A accept and execute the order as given B execute the order only after the branch manager approves C execute the order only after the husband approves orally D execute the order only after the husba

Answers

Answer:

A

Explanation:

Accept and execute the order as given. Even though one may be inclined to think otherwise, or want to think otherwise. The right course of action is to accept the given request, and treat it as such. Because the couple owns the account together, and they both operate it. So, either of them can actually call the representative and give instructions to them to be carried out.

A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. Trudy’s best theory for recovery is:

Answers

Answer:

negligence

Explanation:

From the question we are informed about A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. In this case, Trudy’s best theory for recovery is Negligence.

Negligence can be regarded as legal theory which is required to be proved first in a situation whereby you are holding a company responsible as regards harm that you have suffered for. Negligence theory let us understand that there should be a prove on four things in court. And they are ;

✓damages/harm

✓causation

✓duty

✓ breach

Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. What savings instruments could help Maria reach her goal? Check all that apply. Series I savings bonds Series EE savings bonds a regular savings account a 24-month certificate of deposit a money market account with a $100 minimum deposit

Answers

Answer:

a regular saving accounts

a money market account with a $100 minimum deposit

Explanation:

i got right

Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. Savings instruments could help Maria reach her goal are -

A regular savings account a 24-month certificate of depositA money market account with a $100 minimum deposit

What is deposit?

Deposit is a sum of money paid into a bank or building society account.

What is a paycheck?

Paycheck is a salary or wages cheque made out to an employee.

What are savings?

Savings are income not spent, or deferred consumption.

To learn more about deposits and savings refer

https://brainly.com/question/13198330

#SPJ2

If $1,000 is deposited in a certain bank account and remains in the account along with any accumulated interest, the dollar amount of interest, I , earned by the deposit in the first n years is given by the formula \small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right ) , where r percent is the annual interest rate paid by the bank. Is the annual interest rate paid by the bank greater than 8 percent?

Answers

Answer:

The rate is greater than 8%

Explanation:

Given

[tex]\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )[/tex]

Missing part of question

[tex]I =210[/tex]

[tex]n =2[/tex]

Required

Is r > 1

We have:

[tex]\small I = 1,000 \left (\left (1+\frac{r}{100} \right )^{n}-1 \right )[/tex]

Substitute values for r and I

[tex]210 = 1,000 \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )[/tex]

Divide both sides by 1000

[tex]0.210 = \left (\left (1+\frac{r}{100} \right )^{2}-1 \right )[/tex]

Add 1 to both sides

[tex]1.210 = (1+\frac{r}{100} \right ))^{2}[/tex]

Take square roots of both sides

[tex]\sqrt{1.210} = 1+\frac{r}{100}[/tex]

[tex]1.1 = 1+\frac{r}{100}[/tex]

Subtract 1 from both sides

[tex]0.1 = \frac{r}{100}[/tex]

Multiply both sides by 100

[tex]r = 10[/tex]

[tex]10 > 8[/tex]

Hence, the rate is greater than 8%

What does a speech-language pathologist do?

Answers

Answer:

they help treat and prevent disorders affecting an adult or a childs swallowing.

Explanation:

so basically, people who have trouble speaking or swallow alot while trying to speak see a speech-language pathologist to get treatment to be able to prevent this from happening and improving their speech. Not all cases have to do with swallowing sometimes its just a persons speech itself, sometimes even lisps.

Here's a paragraph from a recap email. "You currently have a quote from a moving company for about $5,000, but you would be willing to pay twice that much if it meant ensuring your equipment was moved safely and on time. However, the decision isn't yours alone. Sebastian is in charge of the equipment and Sal will have to approve the higher budget. We'll include them in our next meeting to discuss the details of where we go from here." Which part of the explore phase does it accomplish?

Answers

Answer:

Business Analysis

Explanation:

The business analysis approaches is used to describe the overall processes that needs to be followed or carried out to perform a business analysis work for a given initiative. The BA approach also describes what tasks to be performed, what deliverables to be produced and what techniques are to be used.

In the context, a recap email which shows things to be discussed and to take steps or actions in the next meeting accomplishes the BA or the business analysis approach of the explore phase.

A restaurant has sales revenue of $240,000, fixed costs of $100,800, and variable costs of $96,000. What is breakeven revenue?

Answers

Answer:

168,000

Explanation:

The five situational influences that have an impact on the purchase decision process are ______. Multiple choice question. personal influences, the reference group, family, friends, and the Internet problem recognition, search, alternative evaluations, the decision process, and postpurchase behavior the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states habits, routines, problem solving, research, and delayed decisions

Answers

Answer:

the purchase task, social surroundings, physical surroundings, temporal effects, and antecedent states

Explanation:

Purchase decision can be regarded as thought process which gives a consumer leads starting from identification of a need to generating options, as well as choosing a specific product and brand. Some of this decision are minor such as buying of biscuits, other are major as seen in buying of houses. It is decision-making process that is been utilized by consumers as regards the market transactions before or during purchase as well as after the purchase of a good or service. It can be regarded as as particular type of a cost–benefit analysis when there is multiple alternatives. It should be noted that The five situational influences that have an impact on the purchase decision process are;

✓ antecedent states

✓the purchase task

✓physical surroundings

✓ temporal effects

✓social surroundings

These Situational influences can be regarded as temporary conditions which has effect on how buyers behave, in case whereby they

actually purchase your product, or do not buy, or buy additional products,

Near the end of 2010, the ledger of Stivers Company included the following accounts and balances: Allowance for Doubtful Accounts$ 1,000credit balance Bad Debt Expense 0balance Accounts Receivable 200,000 debit balance Cash collections on accounts receivable during 2010 amounted to $450,000. Sales revenue during 2010 amounted to $800,000, of which 75% was on credit, and it was estimated that 2% of the credit sales made in 2010 would ultimately become uncollectible. Before adjusting entries were made for 2010, a $10,000 account was determined to be uncollectible and written off by Stivers. In the adjustment process, Bad Debt Expense was recorded to 2010. This information is not reflected in the account balances above.After the above entries were posted to the ledger, calculate the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable. Indicate whether the balance is a debit or a credit.

Answers

Answer and Explanation:

The computation of the balances of the Allowance for Doubtful Accounts, Bad Debt Expense and Accounts Receivable is shown below;

For Accounts receivable  

a) Opening balance $200,000 Debit balance

b) Current year credit sales (75% of $800,000) $600,000 Debit balance

c) (-) Current collection from accounts receivables -$450,000 Credit balance

d) (-) Bad debt expenses -$11,000 Credit balance

e) Closing balance of accounts receivables $339,000 Debit balance

for Allowance for Doubtful Accounts  

Allowance required as per Current year analysis (2% of (75% of $800,000) $12,000 Credit balance

(-) Opening balance $1,000 Credit balance

$11,000 Credit balance

The journal entry is  

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Allowance for Doubtful Accounts 12000 Credit balance

For Bad debt expenses  

The journal entry is    

Bad debt expense a/c …Dr   11000  

      To Allowance for Doubtful Accounts 11000  

The Closing balance of Bad debt expense account 0

how to do presentation​

Answers

Explanation:

You can go to Microsoft words or Power point..

These can help you type your presentation or if on phone you can go to normal Notes app or word app....

I hope this helps you

which best deceived the nature of cause and effect in the context of the business cycle?

A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause

Answers

The option that best describes the nature of the cause and effect in the context of the business cycle is A. Each effect has other effects.
All markets economies go through periods when consumption-spending on goods and services rises. Consumers buy more, companies invest more, and production, income, profit and employment increase. These periods are always followed by periods when investment and spending fall, and unemployment rises. This is the business cycle.

Which concurrent testing method helps calculate the visibility of an outdoor advertisement?

A. interview test

B. passers-by count test

C. telephonic survey

D. speech test

E. interactive test

Answers

Answer:

A

Explanation:

interview any business owner on impact of crime​

Answers

Answer:

Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.

Explanation:

I hope this helps you sorry if it doesn’t

Mexico can produce vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. What type of unemployment describes the workers' situation

Answers

Answer:

Structural unemployment

Explanation:

From the question we are informed about Mexico which are producing vine-ripened tomatoes at a lower opportunity cost than firms in the United States. Through trade negotiations, the United States lifted quotas limiting the import of tomatoes from Mexico. Some firms in Florida, in the face of this new competition, had to close their farms and their workers lost their jobs. Many of the workers could not find new jobs right away. In this case, the type of unemployment that describes the workers' situation is

Structural unemployment.

Structural unemployment can be regarded as one type of unemployment which is a form of involuntary unemployment that is been causedd as a result of mismatch between the skills that can be offered by workers in the economy

and the skills that is been demanded of workers by their employers, structural unemployment can be regarded as" the skills gap"

Comfy Cozy Chairs makes and sells rockers. Each rocker requires $45 of direct materials and $37 of direct labor. Variable manufacturing overhead is $8 per unit, and fixed manufacturing overhead totals $58,000. Variable selling and administrative costs are $15 per unit, and fixed selling and administrative costs total $102,000. During the period, 2,000 rockers were produced and 1,640 were sold. The unit product cost using absorption costing is ______.

Answers

Answer:

the unit product cost using absorption costing is $119

Explanation:

The computation of the unit product cost using absorption costing is given below:

= Direct material per unit + direct labor per unit + variable manufacturing cost per unit + fixed manufacturing cost

= $45 + $37 + $8 + ($58,000 ÷ 2000)

= $119

Hence, the unit product cost using absorption costing is $119

Government regulations that prevent two firms from merging to become a monopoly address which type of market failure?

Market power
positive externality
private good
negative externality
imperfect information

Answers

Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market

A multinational food manufacturing company decided to use a football player to promote its new protein shake during the Super Bowl. In the advertisement, the celebrity informed the audience that the drink was highly energizing, and as a result, the sales of the product increased three-fold. Which factor contributed to the increase of the product's sales

Answers

Answer:

source credibility.

Explanation:

The factor that contributed to the increase in product sales was the source credibility, which occurs when there is a strong positive appeal from the communicator of a message by the receiver, which in the case of a marketing advertisement, for example, leads to success for a company, as was the case mentioned in the question above, where a celebrity was used to communicate an advertising message that was strongly accepted by the potential public of the brand, which resulted in tripling sales of the product.

It is important to note that source credibility occurs when there is some relationship between the communicator and what is being communicated, such as the football player who promoted the new protein shake during the superbowl. Thus, there is a relationship between the player's characteristics and the product, broadcast in the ideal place and time where the potential consumers of that product are.

Mat Rollins, CEO of Rollins, Inc., decided that upon his retirement, he would elect his son Chris to become the new CEO. Mat thought it would be a good idea to have Chris shadow him at work to understand the roles and responsibilities of a CEO. Chris shadowed his father for months in order to learn every aspect of the business. Mat knew that the best way for Chris to learn was to actually perform some of the tasks he did on a daily basis, rather than simply describe them. The company generally focused on short-term financing, and Mat felt that it was important for Chris to understand the different types of financing. Chris learned about the type of bonds that the company usually offered to raise capital. These bonds allow the purchasers of the bond to keep them until maturity. Chris also learned the process of obtaining bonds and the various types of long-term financing methods. Job shadowing was indeed a worthwhile experience for Chris. Refer to Rollins, Inc. If Chris has learned and understood the business, he should know that today most corporate bonds are

Answers

Answer: registered bonds

Explanation:

A corporate bond refers to a bond which is issued by a corporation so as to raise financing for its ongoing operations, or the expansion of its business.

Corporations typically sell bonds when there's no enough fund for purchases, and when there is difficulty in selling stock. Based on the information given in the question, if Chris has learned and understood the business, he should know that today most corporate bonds are registered bonds.

A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized​

Answers

Answer:6,000

Explanation:

I just took the test

In 1949, Sycamore, Illinois built a hospital for about $500,000. In 1987, the county restored the courthouse for about $2.4 million. A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, the hospital cost about a. $4.1 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars. b. $4.1 million in 2000 dollars, which is less than the cost of the courthouse restoration in 2000 dollars. c. $3.6 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars. d. $3.6 million in 2000 dollars, which is less than the cost of the courthouse restoration in 2000 dollars.

Answers

Answer:

a. $4.1 million in 2000 dollars, which is more than the cost of the courthouse restoration in 2000 dollars.

Explanation:

The computation is shown below;

Cost in 2000 dollars is

= $500,000 × (Price index in 2000  ÷ Price index in 1949)

= $500,000 × (114.5 ÷ 14)

= 40,89,285.71

= $4.1 million  

So overall we can see that the $4.1 million in the year 2000 more than the cost of the courthouse

Therefore the option a is correct

Sifco Inc., a tire manufacturing company, stipulates that Rambox Corp. should buy its entire line of Roadgrip tires. Sifco has significant market power in a particular variety of Roadgrip tires for which no substitutes are available in the market. It uses this power to its advantage and does not agree to let Rambox buy less than the entire line of Roadgrip tires. The sales contract between Sifco and Rambox is an example of a ________.

Answers

Answer:

Reciprocal dealing arrangement.

Explanation:

The reciprocal dealing arrangement is the agreement where the buyer could offer to purchase the goods of the seller under the condition when the seller purchased the other type of the goods from the original buyer

So as per the given situation, the sales contract that made between the sifco and the rambox represent the reciprocal dealing arrangement

Hence, the same should be considered

Prevents a company from making anti-competitive deals.
A)Anti-Oligopoly Laws
B)Anti-Monolithic Laws
C)Anti-firm Laws
D)Anti-trust Laws

Answers

Answer:

Alternative B

Explanation:

Because monolithic comes from a latin term, that is used when a bussines is commanding a whole market, which is an anti-competitive deal

In criticizing Booker T. Washington's educational emphasis on manual labor and industrial training, W.E.B. Du Bois emphasized instead that black education should concentrate on a adult education. b an intellectually gifted talented tenth of the black community that should be given full and immediate access to the mainstream of American life. c developing separate black schools and colleges. d developing black entrepreneurs to create black businesses to serve black communities. e education for political action.

Answers

Answer:

The answer is "Choice c".

Explanation:

In criticism of the instructional focus of George Washington on handicraft labor and manufacturing schooling, Du Bois emphasized that African American schooling must focus on a talented and cognitively skilled tenth part of the Black community to be able to gain full disclosure access to Usa's mainstream.

What type(s) of compensation may be included in a human resource compensation system?

A. Indirect financial compensation

B. Non-Financial Compensation


C. Financial Compensation


D. Financial and non-financial compensation

Answers

C. Financial compensation
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The door shut behind me.*1 pointOnomatopeiaSimilePersonification do not go gentle into that good night by dylan Thomas.what is the overall massage of this poem? Read the excerpt from act 3, scene 2, of JuliusCaesar.What are the central ideas of this excerpt? Select twooptions.AbcAntony wants everyone to know that he wantedCaesar deadANTONY. Friends, Romans, countrymen, lend meyour earsI come to bury Caesar, not to praise him.The evil that men do lives after them;The good is oft interred with their bones.So let it be with Caesar. The noble BrutusHath told you Caesar was ambitious.If it were so, it was a grievous fault,And grievously hath Caesar answered it.Antony does not believe that Casar deserves afuneral but unwillingly agreed to speak to pleasethe conspirators.The mistakes men make are remembered after theirdeaths, but their good deads more often die withthem.If Caesar was power-hungry, it was a serious flaw,and he paid seriously for itAntony believes the conspirators should berewarded with riches for their sacrifice andwillingness to kill the ambitious CaesarMark this and returnSave and ExitNextSubmit If you place a 24-foot ladder against the top of a 20-foot building, how many feet will the bottom of the ladder be from the bottom of the building? Round to the nearest tenth of a foot.help please The Democratic party nominee for president in 1896 was ____; the Republicans nominated ____; and the Populists endorsed ____. a Mark Hanna; William Jennings Bryan; William Jennings Bryan b William Jennings Bryan; William McKinley; William Jennings Bryan c William McKinley; Mark Hanna; William Jennings Bryan d William Jennings Bryan; William McKinley; James B. Weaver e William Jennings Bryan; Theodore Roosevelt; William Jennings Bryan Find the slope of the line that passes through the points (0,-4) and (10,3) (S)-3-Methylhexane undergoes radical bromination to yield optically inactive 3-bromo-3-methylhexane as the major product. Is the product chiral