Detroit based auto corporation, purchased ancillaries from a japanese firm on december 1, 20x8, for 1,000,000 yen, when the spot rate for yen was $.0095. on december 31, 20x8, the spot rate stood at $.0096. on january 10, 20x9 auto paid 1,000,000 yen acquired at a rate of $.0094. auto's income statements should report a foreign exchange gain or loss for the years ended december 31, 20x8 and 20x9 of: 20x8 20x9 a. $ 0 $ 0 b. $ 100 loss $ 200 gain c. $ 0 $ 100 gain d. $ 100 gain $ 100 loss

The information which must be included in the Risk Management Plan include but are not limited to the following:

Explanation:

As an avid risk manager, Jiang must be ardent at identifying risks and their sources.

According to the principles of management, what cannot be measured cannot be managed. hence, the report must also contain rubrics that will help the measurement of such risks

When risk measurment metrics have been identified and instituted, then it can be then be evaluated against agreed thresholds. This makes for easy mitigation, monitoring, and management.

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