Having the most senior employee handle cash disbursements and bank reconciliations is not an element of a good internal control system for cash receipts and disbursements.
A proper division of duties between those who carry out accounting procedures or control activities and those who handle assets is necessary for internal control to be effective. Each of the four main responsibilities will ideally be handled by a different employee. The general rule is that the flow of transaction processing and related activities should be planned so that each person's work is either independent of the work of another or serves as a check on that work.
Such agreements lessen the possibility of an error going undetected and restrict opportunities for asset theft or the deliberate hiding of financial statement inaccuracies. A good internal control system for cash receipts and disbursements does not include having the most senior employee handle cash disbursements and bank reconciliations.
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A(n) blank______ model is a plan that details how a company creates, delivers, and generates revenues on the internet. multiple choice question. data ebusiness business
A blank e-business model is a plan that details how a company creates, delivers, and generates revenues on the internet.
The business strategy that enables customers to buy and sellers to sell goods and services through the internet is known as e-commerce.
It belongs to a larger sector of the economy known as electronic business or e-business.
Online transactions can be made via computers, smartphones, tablets, and other smart devices in the four main market categories of-
business to businessconsumer to consumer, business to consumer, consumer to business.Nearly all goods and services are now available to customers through e-commerce transactions in today's digital environment. When it comes to sharing data or money to continue executing a transaction, e-commerce involves multiple parties.
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The Earth has a moment of inertia, I = 8.04×10^37 kg*m^2. The Earth rotates at a moderate angular velocity of 7.2921159 ×10^−5 radians/second.
Using Conservation of Angular Momentum we can find the new rotation of the earth.
L=I*omega= 8.04×10^37 kg*m^2 * 7.2921159 × 10^−5 = 5.86286*10^33.
5.86286*10^33 = (8.04×10^37 + 1.5424*10^22) *omega
-> solve for omega = 7.292115899502489e-05
This is 4.97511e-15 rad/s slower than earth's original rotation. This translates to 6.752*10^-10 seconds = 0.6752 nanoseconds longer per day.
One significant component of _____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.
Answer:
Transaction cost
Explanation:
Transaction cost is defined as costs that a person bears in the process of buying or selling of a product.
For example the commission that is paid to a broker for completing a transaction, cost of transportation that is spent when completing an exchange, and time for completing the purchase are all examples of transaction cost.
In the given instance transaction cost is exemplified by the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.
Which action will most improve a workers attitude
Answer:
to always
Explanation:
smile and be on there best behavior
Answer:
be a responsible worker
juan, a marketing manager at a company, decides to sell a product through all appropriate and willing intermediaries. based on this choice, it is clear that juan wants the product to have .
Juan, will advertise a product by using any willing and suitable middlemen. Juan obviously wants the item to have this feature because he made this selection Intensive Distribution.
In an effort to sell its goods from a small vendor to a large retailer, a corporation may use an intensive distribution marketing approach. A suitable middlemen customer can practically always find the merchandise wherever he goes. Among the examples on which intense distribution is practiced are soft drinks and cigarettes.
Under the intense distribution approach, a business might leverage every distribution channel to market its product. In addition to increasing revenue, it builds brand recognition for the product. For things like soft drinks, cigarettes, etc., this strategy is very helpful. Intensive distribution has a number of benefits. First, it expands the product's supply, which improves the likelihood that more people will buy it.
More sales equal higher revenues for the business. Another benefit is that a business can determine suitable middlemen whether local vendors or outlets of the hypermarket variety are more likely to carry a given product. The corporation can use this information to better plan out its promotional initiatives in an effort to increase sales and brand awareness.
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The point at which birth and death rates balance is called
A Census growth
B Balancing growth
C zero population growth
Answer:
B balancing growth
Explanation:
Leslie works for a pharmaceutical company with a corporate culture that institutes a variety of control mechanisms to measure efficiency, timeliness, and reliability in the creation and delivery of products.A.hierarchyB. clanC. marketD. adhocracy
. Leslie's pharmaceutical company is most likely a "hierarchy" culture. In a hierarchical culture, there is a strong emphasis on control, structure, and efficiency.
Control mechanisms such as standard operating procedures (SOPs) and quality control processes are put in place to ensure that products are created and delivered in a timely, reliable, and consistent manner. The culture values stability, predictability, and adherence to rules and procedures.
There is typically a clear chain of command and a formalized decision-making process. Hierarchy cultures can be effective in achieving operational excellence and maintaining quality control, but they may also be slow to adapt to changing market conditions and may stifle innovation and creativity.
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What things should you consider when setting up a checking or savings account with a financial institution?
Answer:
What profit will you get
what is logistics? plz answer
Answer:
the detailed coordination of a complex operation involving many people, facilities, or supplies.Explanation:
Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
If a client is moderately risk averse and has an investment objective of capital preservation, what types and allocation of investments would you recommend for this customer?
I would recommend for this customer a mix of investment grade bonds and cash or cash equivalents.
An character with an investment objective of capital renovation should be making an investment in a mixture of funding grade bonds and coins or coins equivalents lower chance capital appreciation motors, together with huge-cap common inventory, ought to additionally be considered. the other alternatives mentioned are too risky for a risk-averse investor.
Constant profits is a investment method focused at the renovation of capital and income. It normally consists of investments like government and company bonds, CDs, and coins marketplace budget. fixed earnings can provide a constant circulate of earnings with less risk than shares.
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Which of the following is the calculation to compute the predetermined variable manufacturing overhead rate?Total Estimated Variable Manufacturing Overhead / Total estimated amount of the allocation base
The calculation to compute the predetermined variable manufacturing overhead rate is both Total Estimated Variable Manufacturing Overhead / Total estimated amount of the allocation base.
The total estimated amount of the allocation base is a quantity or value used to allocate manufacturing overhead costs to products or services. It is often used in the calculation of the predetermined overhead rate, which is used to apply overhead costs to products or services based on the relationship between the overhead costs and the allocation base. The most common allocation bases are direct labor hours, direct labor costs, or machine hours. The total estimated amount of the allocation base is determined by adding up the expected usage or cost of the allocation base for the budgeted period.
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The availability of resources affects each of the economic questions.
O True
о
O False
What are the 4 factors that affect the international business environment? Give two examples/characteristics of each
The four factors that affect the international business environment are:
1. Political factors
2. Economic factor
3. Social factors
4. Technological factors
Political factors: Political factors refer to the laws, regulations, and policies of the host country that can affect a company's ability to operate in that country. Examples of political factors include government stability, foreign investment policies, and trade regulations. For example, a company may face political risks in a country with a history of political instability, where there is a high risk of expropriation or nationalization of foreign investments.
Economic factors: Economic factors refer to the economic conditions of the host country, such as inflation, exchange rates, and market size. Examples of economic factors include the availability of natural resources, the level of industrialization, and the purchasing power of consumers. For example, a company may face economic risks in a country with a high inflation rate, where the value of its products may decrease over time.
Social factors: Social factors refer to the cultural, demographic, and lifestyle characteristics of the host country, such as language, religion, and family values. Examples of social factors include the age distribution of the population, the level of education, and the prevalence of consumer culture. For example, a company may face social risks in a country where the culture is not conducive to its products or services, such as a country with a conservative religious culture where the consumption of alcohol is not acceptable.
Technological factors: Technological factors refer to the level of technological development in the host country, such as the availability of infrastructure, the level of Internet penetration, and the availability of skilled labor. Examples of technological factors include the availability of electricity, the level of automation in industries, and the availability of high-speed internet. For example, a company may face technological risks in a country with a poor infrastructure, where it may be difficult to transport goods or access reliable electricity.
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Why would the government give tax breaks to companies that make a lot of money?
Answer:
The government uses tax incentives in order to help increase economic development. Tax incentives make it less expensive and more profitable for a business to function. States can use tax incentives to encourage businesses to operate in their state, according to the University of Central Arkansas
Explanation:
The framework to be used by management in its internal control assessment under requirements of sox is the:_________
The framework to be used by management in its internal control assessment under requirements of sox is the COSO internal framework.
COSO enterprise risk management framework, COBIT framework. Hence, correct option is D, i.e., all of the above are correct.
The COSO framework is a system used to establish internal controls to be integrated into business processes. It make sure that the organisation is transparent, reasonable, fair and operating ethically. And COBIT stands for Control Objectives for Information and Related Technologies, it is a framework created by ISACA to bridge the crucial gap between technical issues, business risks and control requirements.
The question is incomplete , complete question is
The framework could be used by management in its internal control assessment under requirements of SOX is the:
A) COSO internal framework.
B) COSO enterprise risk management framework.
C) COBIT framework.
D) All of the above are correct.
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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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How can a company hide 2000$ of debts in a double entry journal accounting….. using debits and credits
An adjustable life policy owner can change which of the following policy features?
A. The insured
B. The coverage period
C. The mortality expense
D. The investment account
An adjustable life policy owner can change A) the insured and B) the coverage period.
Adjustments to the insured can include adding or removing individuals from the policy, while adjustments to the coverage period can include shortening or lengthening the term of the policy.
However, the owner typically cannot change C) the mortality expense, which is based on actuarial calculations and reflects the cost of insuring the individual(s) covered by the policy.
Additionally, while adjustable life policies may have an investment component, the owner's ability to change D) the investment account may be limited by the terms of the policy or by the investment options offered by the insurer.
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In the elasticity of supply or demand in a market for a good that is taxed would tend to?
In the elasticity of supply or demand in a market for a good that is taxed would tend to decline in demand and supply.
What is demand?
Demand is merely a consumer's desire to acquire goods and services immediately and to pay the price linked with them. Demand may be defined as the amount of things that consumers are prepared and willing to consume at various prices within a specific amount of time.
Demand is based on preferences and choices, which may be described within terms of the price, perks, profit, and other considerations. The number of items that customers choose depends greatly on the price of the product, the price of competitive products, the customer's income, and his or her interests.
The quantity of a thing that a client is prepared to buy, can manage, and can afford given the current prices for products, and their spending inclinations.
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The real interest rate is the:____.
a nominal rate plus the inflation rate
b nominal rate minus the inflation rate
c prime rate plus the federal funds rate
d prime rate minus the federal funds rate
The real interest rate is the: nominal rate minus the inflation rate
Option B is correct.
What is the meaning of real interest rate?
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation. Once adjusted, it reflects the real cost of funds to a borrower and the real yield to a lender or to an investor. A real interest rate reflects the rate of time preference for current goods over future goods.
What is the real rate of inflation?
But our real-world experience tells us the official inflation rate doesn't reflect the actual cost increases of everything from burritos to healthcare. The grim reality is that real inflation is 7+% per year.
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What do borrowers use to secure a mortgage loan?
A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle
I’m not sure if the answer is A and B, or if C is included too.
Answer:
A. and B.
Explanation:
mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
Answer:
C,D,and E
Explanation:
For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.
There are two firms, an incumbent (I) and an entrant (E). They compete on price with product differentiation. Initially, we consider the case where each has a demand curve.
qi = 1 - Pi + Pj, i, j € {I, E}.
Neither firm has any costs of production (MC=0). Thus, each firm maximizes
Ti = Pi(qi) = Pi(1 – Pi +P;), i, j € {I, E}.
a. Find the best response functions in the static price-setting game.
b. Find Nash Equilibrium prices.
a. The best response function will be \($$P_j = \frac{1 + P_i}{2}$$\).
b. The Nash Equilibrium prices are \($P_i = P_j = \frac{2}{3}$\).
a.
To find the best response functions for each firm, we need to determine each firm's optimal price given the price of its competitor. We can start by finding the marginal revenue (MR) for each firm, which is the derivative of its total revenue (TR) with respect to its own price\(($P_i$)\):
\($$MR_i = \frac{dTR_i}{dP_i} = 1 - 2P_i + P_j$$\)
Setting \($MR_i$\) equal to zero and solving for \($P_i$\), we get:
\($$P_i = \frac{1 + P_j}{2}$$\)
This is the best response function for firm \($i$\). We can find the best response function for firm \($j$\) in a similar way, giving us:
\($$P_j = \frac{1 + P_i}{2}$$\)
b.
To find the Nash Equilibrium prices, we need to find the prices at which neither firm has an incentive to deviate from its best response given the price of its competitor.
This occurs when each firm's best response is also its optimal price given its competitor's price. Setting
\($P_i = (1 - P_i + P_j)$\) and
\($P_j = (1 - P_j + P_i)$\),
we can solve for the equilibrium prices:
\($$P_i = \frac{2}{3}$$\)
\($$P_j = \frac{2}{3}$$\)
Therefore, the Nash Equilibrium prices are\($P_i = P_j = \frac{2}{3}$\). This means that each firm charges a price of \($\frac{2}{3}$\) and neither firm has an incentive to deviate from this price given the price of its competitor.
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sage hill inc. issues $265,000, 10-year, 8% bonds at 97. prepare the journal entry to record the sale of these bonds on march 1, 2017. (credit account titles are automatically indented when the amount is entered. do not indent manually.)
The journal entry to record the sale of bonds by Sage Hill Inc. on March 1, 2017, would be as follows: Cash (0.97 x $265,000) $256,050, Discount on Bonds Payable 8,950, Bonds Payable 265,000
In this transaction, Sage Hill Inc. issued bonds with a face value of $265,000 at a discount of 3% (97% of the face value) resulting in proceeds of $256,050 ($265,000 x 0.97). The discount on the bonds payable of $8,950 ($265,000 - $256,050) is the difference between the face value of the bonds and the proceeds received by the company.
The cash account is debited to record the receipt of cash from the sale of bonds, while the bonds payable account is credited to record the liability incurred by the company. The discount on bonds payable account is also credited to record the reduction in the liability account due to the discount on the sale of the bonds.
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You consider that when organizing as a corporation, you will pay taxes at the corporate level (21% tax rate) and when dividends are distributed to owners (15% tax rate). Instead, you organize as a partnership and pay taxes only at your personal rate (24%). Approximately, how much do you save? (Round to the nearest percent.)
Answer:
9%
Explanation:
Calculation for how much do you save
Using this formula
Percentage saved=Personal rate -Dividend rate
Let plug in the formula
Percentage saved=24%-15%
Percentage saved=9%
Therefore how much do you save is 9%
Robert works part-time for JJ Financial Planning, where he develops financial plans for clients. He asks clients a series of questions about their current finances and investment objectives, and uses their answers to create customized financial plans. These plans often include recommendations that they purchase insurance or variable annuities, opening IRAs or other types of retirement accounts. Robert charges a fee for the plans, but he does not earn commissions for selling clients variable annuities and insurance to implement their plans. Is Robert an investment adviser representative
Answer: Yes. Robert is is an investment adviser representative
Explanation:
Based on the scenario given in the question, we can deduce that Robert is an investment adviser representative. An Investment Adviser Representative is someone who is an employee for an investment advisory company and the person provides advice that are related to investments activities for the company.
In this case, Robert is performing the duties of an investment adviser representative for JJ financial planning.
According to the MLA format, which best demonstrates the similarities and differences between the citations of a magazine and a book?
Both require the title and author, while magazines require the editor of the magazine.
Both require a date of publication, while magazines require the page number of the article.
Both require the format of the book, while books require the page number of the information.
Both require a location of publication, while books require the edition of the book if there is more than one.
Answer:
Both require a date of publication, while magazines require the page number of the article.
Explanation:
Modern Language Association or MLA format is one style of providing citations in academic works. This style of citation or formatting one's papers is used majorly in many universities all around the world and is regarded as one of the most accepted styles to be used.
According to this style, providing citations for both a magazine and a book requires the date of publication of the book/ article/ magazine. At the same time, magazines also require the page number of the article from which the quote is taken or used as a source.
Thus, the correct answer is the second option.
Answer:
B
Explanation:
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
A family can have more than one person contributing to the household income for a better financial position.
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what is not a typical option for creating an e-commerce presence?
A point of eCommerce isn't BPR. The analysis and design of workflows and business processes within an association are the focus of the business operation fashion known as" business processre-engineering," which was first developed in the early 1990s.
Buying and selling products and services online is appertained to as electronic commerce( or ecommerce) by businesses and people. E-commerce can be done on computers, tablets, cellphones, and other smart bias and operates in a variety of request orders. Books, music, airline tickets, as well as fiscal services like stock trading and online banking, are just a many of the numerous goods and services that may be bought throughe-commerce deals. As a result, it's seen as a technology that's veritably disruptive.
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11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE
Answer:
I mean I'm pretty sure that's true considering crime is against the law.
It is true that a crime is an offense against the general public. Thus option (A) is correct.
What is the offense?You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.
The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.
Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.
Therefore, Thus option (A) is correct.
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