QUESTION 3 A company uses a reducing balance basis to charge depreciation. On the 01 January 2018, an asset with a cost of P8 000 and a useful life of 5 years was bought. On the 31 December 2019, the company decided to sell the asset for P4 000. What is the profit or loss on disposal? A. P500 loss B. P800 loss C. P500 profit D. P800 profit

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.