Factors why countries would want to join a Single Currency area are enhanced trade, increased monetary stability and improved policy coordination.
Enhanced Trade and Economic Integration: Joining a Single Currency area eliminates exchange rate fluctuations and reduces transaction costs in trade between member countries.
It facilitates seamless cross-border transactions, encourages trade integration, and fosters economic cooperation among participating nations. It can lead to increased economic efficiency and market access, promoting economic growth and development.
Increased Monetary Stability: Adopting a common currency eliminates currency volatility and exchange rate risks within the Single Currency area.
This stability reduces uncertainty for businesses, investors, and consumers, making it easier to plan and conduct economic activities. Stable monetary conditions can attract foreign direct investment, stimulate domestic investment, and support long-term economic stability and growth.
Improved Policy Coordination: By sharing a common currency, countries in a Single Currency area typically coordinate their economic policies more closely.
This coordination involves aligning fiscal policies, monetary policies, and other macroeconomic measures to ensure consistency and macroeconomic stability across member countries. Policy coordination can enhance economic stability, promote investment, and create a more favorable environment for sustainable economic growth.
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What three methods were used to raise money to help pay for the war?
In reality, there are only four: printing money, collecting taxes, selling public debt to the public, and acting as a debtor to other nations are all examples of money printing.
Each has its own set of repercussions. Combining different methods of financing is also common.
What are three ways the North raises funds to pay for the war?A combination of new revenue from higher tariffs, proceeds from loans and bond sales, income taxes, and the issuance of paper money that was not backed by silver or gold (the "greenbacks") were used to finance the Civil War.
How did the United States finance the war?The government raised taxes to accomplish this. "Liberty Bonds" were also sold by the government to raise funds. The bonds were purchased by Americans to assist the government in funding the war. They were later reimbursed for the value of their bonds in addition to interest. The Government had a debt of more than $25 billion by the war's end.
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The legal system in the United States is based on _____.
A. constitutional law
B. common law
C. small law
D. statutory law
For which of the following matters should an auditor obtain written management representations?
(a) Management's cost-benefit justifications for correcting internal control weaknesses.
(b) Management's knowledge of future plans that may affect the price of the entity's stock.
(c) Management's knowledge of allegations of fraud or suspected fraud affecting the entity.
(d) Management's acknowledgment of its responsibilities for employee's violations of laws.
An auditor is responsible for the evaluation of an entity's financial statements for the purpose of expressing an opinion on the financial statements.
While conducting an audit, an auditor needs to obtain a written management representation on several matters that may be important for the audit to ensure that the auditor has a proper understanding of the business and financial affairs of the entity.
Below mentioned are some of the matters for which the auditor needs to obtain written management representation-
(a) Management's cost-benefit justifications for correcting internal control weaknesses: It is the responsibility of management to assess the risks and benefits of establishing and maintaining effective internal control over financial reporting and ensuring that these controls are maintained. The auditor needs to obtain written management representations about management's cost-benefit justifications for correcting internal control weaknesses to understand the significance of control weaknesses and its effect on the audit.
(b) Management's knowledge of future plans that may affect the price of the entity's stock: The auditor needs to obtain written management representation to confirm that management has provided the auditor with the information required to determine the impact of future plans on the financial statements.
(c) Management's knowledge of allegations of fraud or suspected fraud affecting the entity: It is essential for the auditor to obtain written management representation to confirm that the management has disclosed all information about fraud or suspected fraud affecting the entity.
(d) Management's acknowledgment of its responsibilities for employee's violations of laws: The auditor needs to obtain written management representation about the acknowledgment of the management regarding its responsibilities for employee's violations of laws to understand the legal implications that may arise due to non-compliance with the laws.
In conclusion, an auditor needs to obtain written management representations for various matters to gain a better understanding of the entity's financial affairs and to provide a reasonable opinion on the financial statements.
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in the open-economy macroeconomic model, the key determinant of net capital outflow is the:_______
The real interest rate is a crucial factor in determining net capital outflow in the open-economy macroeconomic model.
Define real interest rate.Real interest rates are interest rates that have been adjusted to reflect inflation. Once updated, it now accurately depicts the borrower's true borrowing costs as well as the lender's or investment's actual yield. Real interest rates depict the rate at which current items are gradually preferred over future ones.
A country's net capital outflow, which occurs over a certain time period, is the total amount of money it invests abroad. A high NCO means that the country invests more outside than domestically.
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Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
I would say D because it sounds more reasonable for me
When it is necessary to inform a customer about a delay in their order, the proper communication format should be a ______.
Answer:
Business letter
Explanation:
A BUSINESS LETTER is type of letter which a company or an organization can use to communicate with their client or with other company or organization and the main aim or purpose of a BUSINESS LETTER include the following; It help to inform a customer or a client about an order , it can be use to make inquiring and it can be use to help inform a customer or client concerning the delay in the order the Customer made from the company or the reason why the order was delay among others, which is why BUSINESS LETTER is of paramount or important it enables a company or organization to pass information to their clients or to another company.
Therefore the proper communication format a commpany or an organization can use to inform a customer about a delay in their order should be a BUSINESS LETTER.
Answer:
b
Explanation:
edge
what is 349/36 + 34x6
Answer:
349/36= 9.694
34x6= 204
9.694 + 204= 203.694
What is the Controlled Entity for the FCF in Bubble 27 on the
Stepped Pin Demo
drawing?
The Controlled Entity for the FCF in Bubble 27 on the Stepped Pin Demo drawing is the "Stepped Pin Assembly," as it is the entity that the FCF controls to regulate the movement of the stepped pin.
The Controlled Entity for the FCF in Bubble 27 on the Stepped Pin Demo drawing is the "Stepped Pin Assembly". This is because the FCF is used to control the movement of the stepped pin, and the stepped pin assembly is the only entity that the FCF can control.
The Stepped Pin Assembly is made up of the following components:
A stepped pin
A housing
A spring
A stop
The stepped pin is the main component of the assembly. It is a long, thin pin that has a series of steps along its length. The steps allow the pin to move in a controlled manner.
The housing is the part of the assembly that holds the stepped pin. It is made of a strong material, such as metal, to prevent the pin from moving too far.
The spring is located between the housing and the stepped pin. It helps to keep the pin in place and prevents it from moving too far.
The stop is located at the end of the housing. It prevents the pin from moving past a certain point.
The FCF is used to control the movement of the stepped pin. It does this by sending a signal to the stepper motor, which then turns the stepper motor. The stepper motor then turns the threaded rod, which then moves the stepped pin.
The FCF can only control the movement of the stepped pin because it is the only entity that is connected to the stepper motor. The other components of the Stepped Pin Assembly are not connected to the stepper motor, so the FCF cannot control them.
Therefore, the Controlled Entity for the FCF in Bubble 27 on the Stepped Pin Demo drawing is the "Stepped Pin Assembly".
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when a channel member bypasses another member and sells or buys product directly, this is termed
When a channel member bypasses another member and sells or buys product directly, this is termed channel conflict or channel disruption.
When a channel member bypasses another member and sells or buys products directly, this is termed "channel conflict." It occurs when a channel member violates the channel agreement or does not conform to the channel's standard operating procedures. The member who is bypassed may feel that their role in the channel has been undermined and that their efforts have been disregarded.
Channel conflict can arise due to various reasons such as price, territory, product quality, and promotions. It can be detrimental to the channel's success as it can damage relationships and lead to a decrease in sales and profits.
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A researcher wants to carry out a study to determine the effect of Inflation on Imports. Let INF denote Inflation and IMP denote Imports. (a) Express the regression equation applicable to this problem. [3] (b) What type of regression model is this?
(a) The regression equation applicable to studying the effect of inflation on imports can be expressed as IMP = β0 + β1*INF + ε, where IMP represents the dependent variable (imports), INF represents the independent variable (inflation), β0 and β1 are the coefficients to be estimated, and ε is the error term.
(b) This regression model is a simple linear regression model since it involves a single independent variable (inflation) and a single dependent variable (imports). It aims to determine the linear relationship between inflation and imports, allowing us to assess the impact of changes in inflation on the quantity of imports.
To analyze the effect of inflation on imports, a regression model is employed. In this case, the researcher formulates a simple linear regression equation to examine the relationship between inflation (INF) and imports (IMP). The equation takes the form IMP = β0 + β1*INF + ε, where IMP is the dependent variable representing the quantity of imports, INF is the independent variable representing inflation, β0 is the intercept coefficient, β1 is the slope coefficient, and ε represents the error term capturing unexplained variability.
The regression model selected is a simple linear regression model since it includes only one independent variable (inflation) and one dependent variable (imports). The model assumes a linear relationship between inflation and imports, allowing the researcher to estimate the impact of changes in inflation on the level of imports. By estimating the coefficients β0 and β1, the researcher can quantify the magnitude and direction of the relationship between inflation and imports.
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Commingling is mixing the money of the agent and the principal together.
A. True
B. False
True.
Commingling is the unlawful use of a client's funds by a licensee, often mixing their own funds with the client's.
Everywhere Sports is a retail store supplying sporting equipment to community sports clubs. Information about the store’s operations is as follows:
■ October sales amounted to $400 000.
■ Sales are budgeted at $440 000 for November and $400 000 for December.
■ Receipts are expected to be 60 per cent in the month of sale and 38 per cent in the month following the sale. Two per cent of sales receipts are expected to be uncollectable.
■ Cost of sale is 60% of the sale price. All goods are purchased in the month of sale while payment is made in the month following the purchase.
■ Other monthly expenses paid in cash amount to $45 200.
■ Annual depreciation expense is $32 000.
By understanding these aspects of Everywhere Sports' operations, the company can assess its sales, cash flow, and profitability. These details are important for financial planning, budgeting, and decision-making processes to ensure the store's financial stability and success.
Based on the given information about Everywhere Sports' operations, we can explain the following:
Sales and Receipts:
In October, the sales amounted to $400,000.
For November, the budgeted sales are $440,000, and for December, the budgeted sales are $400,000.
Receipts are expected to be 60% in the month of sale, which means that 60% of the sales revenue is expected to be received in the same month the sales occur.
Additionally, 38% of the sales revenue is expected to be received in the month following the sale.
It is also mentioned that 2% of the sales receipts are expected to be uncollectible.
Cost of Sale:
The cost of sale is stated to be 60% of the sale price. This means that 60% of the sales revenue is attributed to the cost of acquiring the goods sold.
According to the information provided, all goods are purchased in the month of sale while payment is made in the month following the purchase.
Other Monthly Expenses:
There are other monthly expenses paid in cash, which amount to $45,200. These expenses are likely to include various operating costs such as rent, utilities, salaries, and other expenses necessary for the store's operations.
Annual Depreciation Expense:
Everywhere Sports incurs an annual depreciation expense of $32,000. Depreciation represents the allocation of the cost of the store's long-term assets over their useful lives. This expense reflects the wear and tear or obsolescence of the store's assets, such as equipment, fixtures, or buildings, over time.
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Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
Why is it important for project managers at Coke-Cola to resist changes to the project baseline? Under what conditions would a project manager make changes to a baseline? When would a project manager not allow changes to a baseline? References?
It is important for project managers at Coca-Cola, to resist changes to the project baseline due to several reasons such as Accountability and Performance Measurement, Control and Scope Management, Stakeholder Expectations.
The ability of project managers at Coca-Cola to resist changes to the project baseline is crucial for project success and effective management. The project baseline serves as a reference point that outlines the project's initial scope, schedule, and budget. Resisting changes to the baseline helps maintain project stability, control, and accountability.
Project managers may consider making changes to the baseline under specific conditions. These conditions include unforeseen external factors, such as changes in market conditions or regulatory requirements, which necessitate adjustments to the project scope or timeline. Additionally, if there are internal factors such as resource constraints or technological advancements, modifications to the baseline might be necessary to align the project with evolving circumstances.
However, project managers should exercise caution and carefully evaluate the impact of proposed changes before approving them. Changes to the baseline should only be allowed when they are absolutely necessary and when they do not compromise the project's overall objectives, deliverables, quality, or stakeholder expectations.
References:
Project Management Institute (PMI). (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition. Newtown Square, PA: Author.
Verzuh, E. (2015). The Fast Forward MBA in Project Management. Wiley.
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2. What are some banks, non-banks, technology and retail companies? Name 1 of each and explain what they are and what they do?
Banks are businesses that provide a range of financial services, such as mortgages, savings accounts, and loans. JPMorgan Chase, one of the biggest banks in the US, is an illustration of a bank. Financial services offered by JPMorgan Chase include banking, investing, and credit card services.
What are retail companies?Businesses that sell goods directly to customers are known as retail companies. Walmart, one of the biggest retailers in the world, is a good example of a retail business. Walmart runs a network of grocery stores, discount department stores, and hypermarkets and provides customers with a variety of goods and services.
Companies that provide financial services but lack a banking license are known as non-bank financial institutions. American Express, a provider of credit cards, debit cards, and other financial services, is one example of a non-bank financial institution.
Therefore, banks, non-banks, technology, and retail companies are stated above.
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When working with direct appropriation funding what are some of the restrictions?
Purpose restrictions: The funding must be used for its intended purpose as specified by the funding source. For example, if the funding is designated for education, it cannot be used for other purposes like healthcare or infrastructure.
Time restrictions: Funding may have specific time frames within which it must be used. Failure to utilize the funds within the designated time period may result in forfeiture or penalties.
These are just a few examples of the restrictions that may apply when working with direct appropriation funding. It's important to carefully review the specific terms and conditions of the funding source to ensure compliance.
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In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D
Answer:
C. Liabilities + equity
Explanation:
Edg 2021 ...
while reviewing an ongoing project, the auditor notes that the development team has spent eight hours of activity on the first day against a budget of 24 hours (over three days). the projected time to complete the remainder of the activity is 20 hours. the auditor should report that the project is on schedule cannot be evaluated until the activity is completed is ahead of schedule is behind schedule
The auditor should report that the project is behind schedule.
The reason behind this is that the development team has spent eight hours of activity on the first day against a budget of 24 hours (over three days). Furthermore, the projected time to complete the remainder of the activity is 20 hours, which implies that the task will take longer than expected to complete.
An auditor is responsible for assessing the accuracy of financial statements and other data, as well as ensuring that the organization is operating in compliance with relevant laws and regulations. However, this also entails auditing ongoing projects to ensure that they are progressing according to plan.
As a result, the auditor is reviewing an ongoing project in this scenario. The auditor has noticed that the development team has spent eight hours of activity on the first day of the project, which was expected to take 24 hours over three days, and that the remaining activity would take 20 hours to complete.
Based on this information, the auditor must determine if the project is on track, ahead of schedule, or behind schedule. In this situation, the development team has already used one-third of the allotted time to complete the task but has only finished one-third of the work.
The projected time to complete the remaining work is longer than the original schedule. This implies that the project is behind schedule.
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Why is it important for people to maintain a good credit history?
A. So that it's easier to list the expenses on their personal budget
B. So that the IRS won't investigate them for tax fraud
C. So that they know all of the fees associated with their credit cards
D. So that they have an easier time getting loans and credit cards
Answer:
D. So that they have an easier time getting loans and credit cards
Explanation:
A credit score is a three-digit numerical that communicates reliability in debt repayments. Credit scores range between 300 to 850. Lenders seek to find the credit score for a borrower before advancing credit facilities to them. A higher credit score indicates a borrower is less likely to default on a loan.
Maintaining a high credit score enables one to obtain credit with relatively easy and at lower interest rates. Lenders feel comfortable extending credit to a customer with a high credit score. They consider them a low-risk borrower.
Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
If you use a finance calculator, be specific about which one and what you entered. For example: "Future Account Balance calculator, __% APR, __ periods per year, $__ recurring deposit, $ __initial deposit, for __ years. "1. You invest $5000 in an account with an APR of 2. 5%. Calculate the final balance of the account and the amount of interest earned under the following circumstances. You invest $5000 in an account with an APR of 2. 5%. The account earns simple interest for 3 years. A. How much interest will you earn altogether? (1 pt)b. What is the final balance of the account? (0. 5 pt)You invest $5000 in an account with an APR of 2. 5%. The account is compounded quarterly for 3 years. C. What is the final balance of the account? (1 pt) d. How much interest will you earn altogether? (1 pt) 2. Nakia plans to buy a $32,000 car. She will deposit money every month for 42 months into a savings account with an APR of 3. 5% in order to reach the $32,000 goal. (1 pt) a. How much money will she need to deposit every month to meet her goal? b. How much money will she deposit altogether? (1 pt)3. Laura invested $325 per month into a retirement plan with an APR of 2. 2% for 35 years. A. How many payments will she make altogether? (0. 5 pt) b. How much will she invest altogether? (1 pt) c. What will the final balance of her retirement plan be?d. How much of the final account balance is interest? What percent of the final account balance is interest? Round to one decimal place
a. To calculate the interest earned on the account with simple interest, we can use the formula: Interest = Principal x Rate x Time.
So, the interest earned will be:
Interest = $5000 x 0.025 x 3
Interest = $375
b. The final balance of the account with simple interest will be:
Final balance = Principal + Interest
Final balance = $5000 + $375
Final balance = $5375
c. To calculate the final balance of the account with quarterly compounding, we can use the Future Value of a Present Sum formula on a financial calculator, such as the HP 10BII.
We would enter the following values:
Present Value (PV) = -$5000 (since this is an investment)
Interest Rate per Quarter (i) = 0.025/4 = 0.00625
Number of Periods (n) = 3 x 4 = 12
Using the calculator, we get:
Final balance = $5,579.69
d. To calculate the total interest earned on the account with quarterly compounding, we can subtract the initial investment from the final balance:
Total interest = Final balance - Principal
Total interest = $5,579.69 - $5000
Total interest = $579.69
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Question 14 of 20
Why might health care costs be less of a concern for a British company than
an American company?
A. America has stronger laws that regulate health care.
B. American companies do not provide health care to employees.
C. Britain allows its citizens to seek foreign treatment.
D. Britain has a system providing free universal health care.
Answer:
A
Explanation:
America has strong laws regulate health care
Answer:
its D - Britain has a system providing free universal health care.
Explanation:
Which of the following is an example of a fixed asset?
A. Money in the bank
B. Accounts payable
C. Gross profit
D. Real estate
Answer:
D. Real estate
Explanation:
Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.
Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.
Business Ethics Nine-point Checklist Questions
You own a business in the United States that you have determined needs to move out of the country in order to survive. Choose one of the companies below to complete your quiz.
As you prepare to leave, you need to identify those who are helped (individuals in the new country) and those who are hurt. Next, you need to define your ethical responsibilities to all your shareholders (the individuals in the US).
Choose one of these companies as your company to answer the Business Ethics Checklist.
Apple
IBM
Cisco Systems
Nike
Wal-Mart
What are the facts? Who is affected? Is there an ethical problem? Is it simply right vs. wrong? Is this an ethical dilemma: Right vs. wrong? What resolution principles might be applied? What are your options? Is there a third way? Reflect on why you think this is the best decision? PLEASE SOMEONE HELP ASAP!!!!!!!
YOULL GET 100 POINTS!!!!
The business Ethics Nine-Point Checklist aids in making ethical decisions. The one for Wal-Mart is as follows:
The background: I'm leaving and I have to identify those who have helped and those who have hurt.The facts? I will be leaving and I have to ensure that my absence does not hurt the company.Who is affected? The company as a whole will be affected if I don't put proper succession plans in placeIs there an ethical problem? Yes. My responsibility within the company is to ensure that the company continues to exist and function legally and separately from my person so that other stakeholders (staff and investors) are not put at a disadvantage.Dilemma? The dilemma only exists if the solution to my absence is such a difficult one. The conflict is between my personal interests and that of the company.What resolution principles may be applied? Succession planning and change management is crucial in this case.Is there a third way? Yes. The third way would be to reexamine the reason why I want to leave in the first place and see if there is a possible solution to thatWhat is the best decision? This would be dependent on a lot of subjective factors.What is ethics?Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The Fundamental Ethics Principles The four ethical principles are beneficence, nonmaleficence, autonomy, and justice.
Ethics is what motivates us to speak the truth, honor our promises, and assist those in need. On a daily level, an ethical framework underpins our lives, assisting us in making decisions that have a good influence and directing us away from unjust consequences.
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Below are descriptions of internal control problems. Identify the one best internal control principle that is related to the problem described. 1. The same person opens incoming mail and posts the accounts receivable subsidiary ledger. 2. Three people handle cash sales from the same cash register drawer. 3. A clothing store is experiencing a high level of inventory shortages because people try on clothing and walk out of the store without paying for the merchandise. 4. The person who is authorized to sign checks approves purchase orders for payment. 5. Some cash payments are not recorded because checks are not prenumbered. 6. Cash shortages are not discovered because there are no daily cash counts by supervisors. 7. The treasurer of the company has not taken a vacation for over 20 years.
Answer:
The internal control principles are:
Establishment of responsibility
Segregation of duties
Physical control devices
Documentation procedures
Independent internal verification
Human resource controls
1. The same person opens incoming mail and posts the accounts receivable subsidiary ledger. ⇒ SEGREGATION OF DUTIES.
There should be a segregation of such duties so that the chances of fraud are reduced.
2. Three people handle cash sales from the same cash register drawer. ⇒ ESTABLISHMENT OF RESPONSIBILITY.
One person should have access to the cash register drawer so as to reduce chances of fraud where one person takes cash and no one knows who. One person having access is an establishment of responsibility for that person.
3. A clothing store is experiencing a high level of inventory shortages because people try on clothing and walk out of the store without paying for the merchandise. ⇒ PHYSICAL AND IT CONTROLS.
Physical and IT controls would prevent such events from happening because the clothes would be identified before they left the store.
4. The person who is authorized to sign checks approves purchase orders for payment. ⇒ SEGREGATION OF DUTIES.
Segregation of duties ensures that this person would not make up frivolous purchase orders and then sign the checks for them.
5. Some cash payments are not recorded because checks are not prenumbered. ⇒ DOCUMENTATION PROCEDURES.
Documentation procedures ensure that records are well kept in the company to avoid such a scenario.
6. Cash shortages are not discovered because there are no daily cash counts by supervisors. ⇒ INDEPENDENT CHECKS OF PERFORMANCE.
There should be an independent check of performance in different departments especially in relation to cash to find out why cash balances are a certain way.
7. The treasurer of the company has not taken a vacation for over 20 years. ⇒ HUMANS RESOURCE CONTROLS.
Human resource controls ensure that best practices are used in human resource to promote efficiency. This scenario will lead to the burnout of the employee which would reduce efficiency in the business.
It’s a good idea to use a _____ to track your job hunting efforts.
map
scrapbook
journal
calendar
Given the following production function for a train engine manufacturing company, at what point (or points) should the firm produce
The correct answer is The train manufacturing company should produce at point D. because that is the point of optimal intersection of the isocost.
what is intersection of isocost?
An isoquant appears all combination of variables that create a certain output An isocost appear all combinations of components that fetched the same amount. Isocosts and isoquants can appear the ideal combination of components of generation to create the greatest yield at least taken a toll.Economic production is the result of the output we produce by employing factors like land, labour, capital, and entrepreneurship. It is possible to determine the optimum amount of production possible considering different combinations of these inputs. Such a determination is called the producer’s equilibrium.To know more about Isocost visit:
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Racing Horse Corporation reported net income for 2010 of $200,000, sales of $540,000, expenses (excluding depreciation) of $180,000, and depreciation expense of $60,000. The company's accounts receivable balance increased by $40,000 during the year and its accounts payable balance remained the same. What is the estimated change in cash for the year ?
Answer:
Estimated change in cash = $220,000
Explanation:
GIven:
Net income = $200,000
Sales = $540,000
Expenses = $180,000
Depreciation expenses = $60,000
Accounts receivable balance increased = $40,000
Find:
Estimated change in cash
Computation:
Estimated change in cash = Net income + Depreciation expense - Accounts receivable balance increased
Estimated change in cash = 200,000 + 60,000 - 40,000
Estimated change in cash = $220,000
name any TWO markets within the four-sector circular flow model
Answer:
Explanation:
The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.
Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a _____. a. middle manager b. first-line manager c. top manager d. team leader
Answer:
a. middle manager.
Explanation:
In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.
A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.