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What is personal risk?
Risk that is personal.
What is another term for market risk?
another term for market risk is non-diversifiable risk.
What does business risk mean?
business risk is when you take a risk when you dont know whether its right or wrong.
What are non standard risk?
A Non Standard risk is one that may not fall into a standard risk classification or it can be a risk that does not meet the qualifying criteria of a standard insurance program.
What of the features of business risk?
what is the features of variouse business risk
Inherent powers examples?
To regulate Immigration or to deport aliens are examples of inherent powers.
What are the three components of Audit risk?
Inherent Risk, Control Risk and Detection Risk
What are some examples of inherent powers?
Some examples of inherent powers are the following:regulate immigrationdeport undocumented aliensacquire territory
Example of inherent?
To regulate immigration or to deport aliens are examples of inherent powers.
How do you use inherent in a sentence?
There was determination inherent in his terse instructions to the workers. Mountain climbing has an inherent risk of injury or death.
What are examples of inherent powers?
some examples are love and pain
What is inherent risk in audit risk?
Inherent risk in audit risk refers to the susceptibility of an account balance or class of transactions to material misstatement, assuming there are no related internal controls in place. It arises from the nature of the business or its environment, such as industry practices, economic conditions, or complex transactions. Auditors assess inherent risk to determine the level of substantive testing needed, as higher inherent risk indicates a greater likelihood of material misstatements. Understanding inherent risk helps auditors tailor their audit approach and focus on areas with higher potential for errors.
Example of inherent power?
To regulate immigration or to deport aliens are examples of inherent powers.
The analysis of a situation to determine the level of risk inherent in that situation is called?
risk assessment
What is the analysis of a situation to determine the level of risk inherent in that situation is called?
risk assessment
What is inherent risk?
Usually it is risk that cannot be diminished (by additional safety measures) or avoided.
What are examples of the inherent implied and express powers?
constitution.expressed
