Parker Department Stores has been hurt in recent months by a large increase in shoplifting losses. Parker's risk manager concluded that while the frequency of shoplifting losses was high, the severity is still relatively low
What is (are) the appropriate risk management technique(s) to apply to this problem?
A) retention
B) loss prevention
C) transfer through insurance
D) avoidance
Answer: B
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On December 1, 2017, Galahad, Inc had 200,000 shares of $1 par value common stock issued and outstanding
The next day Galahad declared and distributed a 50% stock dividend. The market value of the stock on December 2, 2017 was $9 per share. Prepare the journal entry for the transaction. What will be an ideal response
Which of the following statements is NOT true regarding MNEs when compared to purely domestic firms?
A) MNEs tend to rely more on short and intermediate term debt. B) MNEs have greater foreign exchange risk. C) MNEs have greater costs of asymmetric information. D) MNEs have higher agency costs.