Which of the following is a source of information a risk manager could use to help identify pure loss exposures?

The assumption that assumes a company will continue in operation long enough to carry out its existing objectives is the:

a. economic entity assumption. b. going concern assumption. c. monetary unit assumption. d. periodicity assumption

What is the objective of a developmental plan?

A. To show an employee that he is not very good B. To provide an opportunity to the employee that he will not be able to successfully complete his goals C. To encourage continuous learning, performance improvement, and personal growth D. To encourage an employee to perform better than expected