A.reflection
B.response
C.reaction
D.reproduction
93 The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .
A. Is accomplished by paying the actual costs to the contractor.
B. Is accomplished by paying the contractor for his costs plus a fixed fee (profit).
C. Is an undisclosed contingency in the contractor's bid.
D. Is accomplished by paying for the budgeted costs of dealing with risks, as predicted in the project risk assessment.
E. B and C
The type of contract (payment mechanism) chosen for a project is often a reflection of the degree of risk associated with completing that project. For a firm fixed price contract, payment for risk _____ .
A Is accomplished by paying the actual costs to the contractor.
B Is accomplished by paying the contractor for his costs plus a fixed fee (profit).
C Is an undisclosed contingency in the contractor's bid.
D Is accomplished by paying for the budgeted costs of dealing with risks, as predicted in the project risk assessment.
E B and C
84 Risk can be divided into two basic types; business risk and pure (or insurable risk). Of the following, which one(s) fall(s) under business risk?
A. liability loss
B. direct property loss
C. profit loss
D. personnel-related loss
E. B and C
A.chargeable
B.raised
C.lodged
D.payable
A.As a deduction from retained earnings in the statement of changes in equity
B.As a liability in the statement of financial position
C.As an expense in profit or loss
D.As a loss in 'other comprehensive income
A、Short-term ordinary loss
B、Short-term capital gain
C、Short-term capital loss
D、Long-term ordinary gain
E、Long-term capital gain
124 Which of the following is most closely associated with business risk:
A. profit and loss
B. personnel turnover
C. workmen's compensation
D. liability insurance
E. All of the above.
A.lose
B.loose
C.loss
D.lost
(c) Comment on the matters to be considered in seeking to determine the extent of Indigo Co’s financial loss
resulting from the alleged fraud. (6 marks)