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WebApr 20, 2024 · Contingency needed = ($13.84M – $12.72M)/$12.72M = 8.8% In monetary terms, the contingency reserve will be ($13.84M – $12.72M) = $1.12M We can … WebDec 10, 2024 · What is contingency planning? Contingency planning is the process of defining a course of action for an organisation to take if a disruption to normal activity occurs. Having a detailed contingency plan established can help you eliminate or minimise the negative effects of an unexpected event. kenyan samosa recipes with pictures
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