To arrive at net cash provided by operating activities, it is necessary to report revenues and expenses on a cash basis. This is done by estimating the percentage of income statement transactions that were originally reported on a cash basis and projecting this amount to the entire array of income statement transactions. re-recording all income statement transactions that directly affect cash in a separate cash flow journal. eliminating the effects of income statement transactions that did not result in a corresponding increase or decrease in cash. eliminating all transactions that have no current or future effect on cash, such as depreciation, from the net income computation.

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.