Question
In: Accounting
Due to Covid-19, a business owned by Mr. Nathan is currently facing cash flow problems due...
Due to Covid-19, a business owned by Mr. Nathan is currently facing cash flow problems due to poor sales and the ongoing obligations to pay salaries. Furthermore, due to the extreme weather conditions, one of the business's warehouse was inundated with floodwater causing thousands of ringgit of losses to the inventory. As Nathan's insurance advisor, the student is required to advise on the risk management steps to mitigate the risk of ill health and accidents among the company's employees during this crucial period.
(a) Apart from SOCSO, what are other risk management initiatives that can be taken by the company to mitigate the risk of accidents and ill among its employees (answers could include doing a systematic analysis of the firm's employee insurance needs and taking up group medical insurance, group personal accident insurance etc.).
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Susannah’s Sweets Pty Ltd has cash flow problems due to Covid -19 shutting cafes, so Zoe...
Susannah’s Sweets Pty Ltd has cash flow problems due to Covid
-19 shutting cafes, so Zoe the Manager is applying to the bank for
a loan. Elizabeth is the accountant at Susannah’s Sweets Pty Ltd.
Elizabeth has discovered that some assets are overstated in this
year’s Financial Statements, because Depreciation was not done.
Elizabeth tells Zoe that the Financial Statements need to be
corrected before they are submitted to the bank, as part of the
loan application. Zoe replies that...
Susannah’s Sweets Pty Ltd has cash flow problems due to Covid -19 shutting cafes, so Zoe...
Susannah’s Sweets Pty Ltd has cash flow problems due to Covid
-19 shutting cafes, so Zoe the Manager is applying to the bank for
a loan. Elizabeth is the accountant at Susannah’s Sweets Pty Ltd.
Elizabeth has discovered that some assets are overstated in this
year’s Financial Statements, because Depreciation was not done.
Elizabeth tells Zoe that the Financial Statements need to be
corrected before they are submitted to the bank, as part of the
loan application. Zoe replies that...
Covid 19: One of the problems that arises with patients suffering from COVID 19 is due...
Covid 19: One of the problems that arises with patients
suffering from COVID 19 is due to accumulation of fluid in their
lungs. This makes it very difficult to breathe. You have walked
into the emergency room and the interns are arguing about osmosis,
diffusion and the symptoms of Covid. One of the interns is arguing
that there is no link between the sysmptoms of Covid and osmosis
and the other is saying yes there is. Since they know you...
At the moment, we are facing the pandemic of Covid-19. The virus spreads due to people's...
At the moment, we are facing the pandemic of Covid-19. The virus
spreads due to people's mobility and the crowd. However, the
government plans to conduct the general election on 7 November
2020, and starting from 1 October, each political party and
candidate may start the campaign. Now, the problem is as follows:
a) each candidate may follow the COVID-19 protocol during the
campaign, by doing the campaign via zoom/ google meets (online
campaign). They may also do the campaign...
. Organize the problems McDonalds faced/is facing as a result of the covid-19 virus using a...
. Organize the problems McDonalds faced/is facing as a result of
the covid-19 virus using a Pareto diagram and create an ordered set
of solutions to the problems for the future.
“Egypt has faced and is still facing financial challenges that are currently exacerbated by the COVID-19.”...
“Egypt has faced and is still facing financial challenges that
are currently exacerbated by the COVID-19.” Choose one of the
following policy options to help Egypt address its current
challenges:
Policy Option A: resort to the IMF & World
Bank for financial assistance (more loans)
Policy Option B: utilize domestic resources as
per its own natural endowments adopting an economic strategy
largely dependent on import-substitution.
Throughout our study of the economic history of the modern
Middle East, we have passed...
“Egypt has faced and is still facing financial challenges that are currently exacerbated by the COVID-19.”...
“Egypt has faced and is still facing financial challenges that
are currently exacerbated by the COVID-19.” Choose one of the
following policy options to help Egypt address its current
challenges:
Policy Option B: utilize domestic resources as
per its own natural endowments adopting an economic strategy
largely dependent on import-substitution.
Throughout our study of the economic history of the modern
Middle East, we have passed through economic & financial
policies that, to a large extent, resemble either of the two...
discuss any three major ethical challenges that businesses are facing due to the outbreak of COVID-19...
discuss any three major ethical challenges that businesses are
facing due to the outbreak of COVID-19
two pages minimum
Q7. Read the following scenario: During this Covid-19 situation, a school situated in Jeddah facing problems...
Q7. Read the following scenario:
During this Covid-19 situation, a school situated in Jeddah
facing problems to deal with their students, teacher, and
employees. They urgently required to have a system which can help
them to conduct online classes, examination, and attendance and to
fulfill other major requirements of the school.
Answer the following questions:
Write down Problem Statement
Write down What you will suggest to school
Which type of model you will use to develop the
system?
Why you...
How does business cash flow affecting during COVID-19. How it affects USA economy? Give an Example
How does business cash flow affecting during COVID-19. How it
affects USA economy? Give an Example
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- specific Monitoring and controlling for a coffee shop project
- Write a function that takes a valid stringlist and returns the index of the smallest element...
- FOR QUESTIONS 1-5 INVOLVING PROFESSIONAL SERVICES, ASSUME A REPORT WAS PRODUCED UNLESS THE QUESTION STATES OTHERWISE....
- A small metal sphere, A, carrying a charge of +15.0 µC is at the origin. An...
- Note: You can use only pointer based operations while implementing each of the functionalities below// zero...
- ANALYSIS each line1 to 5 RATIOSANALYSIS Profitability Ratios (%) E. commerce Amazon EBay 1)Gross Margin 43%...
- Describe a dysfunctional system. What would you do to transform the dysfunctional system into a functional...
ADVERTISEMENT