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Q. What is the importance of investigation of incidents?
1. Incident investigation is the process of identifying the underlying causes of incidents and implementing steps to prevent similar events from occurring
2. Incident investigation is to learn from past experiences and to avoid repeating past mistakes
3. Events which result in or could have resulted in serious consequences are usually investigated
4. Team members for investigation are selected on the basis of their training, knowledge and ability to contribute for the investigation. The investigation process should deal with all involved individuals in a fair and open manner
5. The focus of investigation should be to obtain facts, and not to place blame.
Q. What is Deferred Incomes? Deferred incomes are incomes received in advance before supplying goods or services. They represent funds received by a firm for which it has to su
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Question: (a) Explain and discuss the hedging strategies using futures (b) Boeing (an American company) delivered on 1st September 2008 an airplane to a Canadian company.
what are the advantages and disadvantages of incremental budgeting?
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