In Table 2b are the identified risks with their probability and impact on occurrence. Calculate the Estimated Monetary Value (EMV) of the Risk. Which of the identified risks will you put on watch list. Assign a reason for your decision. Table 2b SRLRiskProbabilityImpact in, GHCEMV1Attack by youth on project Site20%4,000,0000 2Flooding of project Site50%300,000,000 3Contractor Bankruptcy1100,000,000 4Fire outbreak0.11000 5Protest from local Community25%1000

Risk is the chance that the occurrence of event will be unfavorable to the business but without…

Answered: In Table 2b are the identified risks…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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In Table 2b are the identified risks with their probability and impact on occurrence.

Calculate the Estimated Monetary Value (EMV) of the Risk. Which of the identified

risks will you put on watch list. Assign a reason for your decision.

Table 2b

SRL	Risk	Probability	Impact in, GHC	EMV
1	Attack by youth on project Site	20%	4,000,0000
2	Flooding of project Site	50%	300,000,000
3	Contractor Bankruptcy	1	100,000,000
4	Fire outbreak	0.1	1000
5	Protest from local Community	25%	1000

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