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After a thorough analysis of the existing payroll management system,you have come up with multiple action points with details about where these changes should be implemented and by whom.In this analytical report,would you focus on conclusions or recommendations? Explain your answer.
Note that your action points could radically change the efficiency of the system,if implemented.However,since the changes are going to ruffle a time-tested system,it may be received with a lot of skepticism.If you sense that your readers will not receive these changes well,how would you modify your approach?
Depositor Moral Hazard
A situation in financial systems where depositors engage in riskier behaviors because they know their deposits are protected, for instance, by government insurance.
Savings and Loan Industry
A sector of the financial services industry that specializes in accepting savings deposits and making mortgage and other loans.
Flood Control System
Engineering and planning efforts designed to manage water flow and protect areas from flooding.
Expected Loss
The anticipated amount of loss in an investment, calculated as the probability of the loss occurring multiplied by the amount of the potential loss.
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