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   What is a going concern?

   • The Going Concern is an assumption made in financial statements that a company will not go bankrupt in the foreseeable future—usually referring to a period of 12 months. It is a fundamental accounting principle. In other words, a gong concern will continue to exist in the long run, with no intention to shut down. There is no immediate uncertainty.

   Going Concern - Meaning, Assumption, Accounting Principle

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   What are extreme or critical risks?

   • Extreme or Critical risks have both a high likelihood of occurrence and a severe potential impact on the organization’s business activities. These risks require immediate and extensive attention and resources to address. These risks can lead to an organization’s downfall if left unaddressed.

   What are the 4 risk levels in risk management? - Advanced Security

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   What is a going concern assumption?

   • The going concern assumption is a fundamental accounting concept, similar to Consistency Principle and accrual assumption. According to this principle, financial statements are prepared, assuming the company intends to continue operations for the foreseeable future and has no motive or need to shut down.

   Going Concern - Meaning, Assumption, Accounting Principle

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   What is a sphere of concern?

   • Sphere of Concern Finally, the Sphere of Concern is the largest and contains everything that you might be concerned about yet cannot control or influence. This includes individuals in other departments or teams, systems we cannot affect, or even the weather.

   Spheres of Influence Explained - The Leadership Sphere

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2. www.investopedia.com › terms › iIncoterms: Definition, Examples, Rules, Pros & Cons

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   2 days ago · Globally recognized, Incoterms prevent confusion in foreign trade contracts by clarifying the obligations of buyers and sellers. Parties involved in domestic and international trade...

   • Delivered Duty Paid (Ddp)

     Delivered duty paid (DDP) is a delivery agreement whereby...

3. www.wallstreetmojo.com › going-concern-assumptionGoing Concern - Meaning, Assumption, Accounting Principle

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   Aug 21, 2024 · The Going Concern is an assumption made in financial statements that a company will not go bankrupt in the foreseeable future—usually referring to a period of 12 months. It is a fundamental accounting principle. In other words, a gong concern will continue to exist in the long run, with no intention to shut down.

4. advancedsecurity.com › risk-management-frameworkWhat are the 4 risk levels in risk management? – Advanced ...

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   2 days ago · Discover the 4 risk levels in risk management and learn how to identify and mitigate potential risks. Effective risk management is crucial to any organization’s success. It involves planning, identifying, analyzing, and addressing potential risks that could negatively impact the organization’s objectives and goals.

5. www.investopedia.com › terms › lUnderstanding Liquidity Risk in Banks and Business, With Examples

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   Aug 22, 2024 · Liquidity risk refers to the challenges a firm, organization, or other entity might encounter in fulfilling its short-term financial obligations due to insufficient cash or the inability to...

   • Author: Will Kenton

6. theleadershipsphere.com.au › insights › spheres-ofSpheres of Influence Explained - The Leadership Sphere

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   Sep 6, 2024 · It is about using your position of authority to inspire passion and drive in others to achieve shared objectives and goals. Sphere of Concern. Finally, the Sphere of Concern is the largest and contains everything that you might be concerned about yet cannot control or influence.

7. childlawadvice.org.uk › information-pagesRadicalisation in schools and the Prevent Duty - Child Law Advice

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   Aug 22, 2024 · serious damage to a property; a threat to a person's life; a serious risk to the health and safety of the public; or. serious interference with or disruption to an electronic system. What is radicalisation?

8. www.britannica.com › topic › utilitarianism-philosophyUtilitarianism | Definition, Philosophy, Examples, Ethics ...

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   5 days ago · utilitarianism, in normative ethics, a tradition stemming from the late 18th- and 19th-century English philosophers and economists Jeremy Bentham and John Stuart Mill according to which an action (or type of action) is right if it tends to promote happiness or pleasure and wrong if it tends to produce unhappiness or pain—not just for the perform...