A factory machine was purchased for $375,000 on January 1, 2015. It was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2015. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2015 would be
Answers
Answer:
the depreciation expense for the year 2015 is $30,000
Explanation:
The computation of the depreciation expense for the year 2015 is shown below:
Depreciation Expense is
= Cost - salvage value
= $375,000 - $75,000
= $300,000
Now
Depreciation Expense for 2015 is
= (Actual hours in 2021 ÷ Total hours) Depreciation
= (4,000 ÷ 40,000) × $300,000
= $30,000
Hence, the depreciation expense for the year 2015 is $30,000
Related Questions
Choose the option that best matches the descriptions given.
Exchanging a good or service for money is called:
Answers
Exchanging a good or service for money is called Bartering .
What is Bartering ?A straightforward idea underlies bartering: Two parties bargain to assess the relative worth of their goods and services, then offer them to one another in an equal trade.
Bartering is a system of exchange in trade where parties engage in direct exchanges of one commodity or service for another without utilizing a means of exchange like money.
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When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answers
Answer:
B
Explanation:
it is important before welding and hot work to remove coating along the line of the wealth such as to
Answers
It's essential to remove coatings along the weld line before starting welding and hot work to ensure a strong and reliable weld.
Coatings, such as paint, rust, or other surface contaminants, can negatively impact the quality of the weld, leading to potential failure or weakening of the joint.
Step 1: Determine the area that needs to be cleaned, which typically extends a few inches on either side of the weld line.
Step 2: Use a wire brush, sandpaper, or abrasive wheel to remove any loose rust, paint, or debris from the area.
Step 3: If the coating is more resistant, use a chemical paint remover or a grinding wheel to remove the remaining material. Make sure to follow safety guidelines when using chemicals or power tools.
Step 4: Clean the area thoroughly with a cloth or air blast to remove any remaining particles or debris.
Step 5: Inspect the weld line to ensure that all coatings have been removed and the area is clean and ready for welding.
By removing coatings before welding and hot work, you will create a clean and prepared surface that allows for proper metal fusion, resulting in a high-quality and durable weld.
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List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on top. Instructions
Choice 1 of 3. Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department
Choice 2 of 3. Allocate indirect expenses to service and operating departments toggle button Allocate indirect expenses to service and operating departments
Choice 3 of 3. Allocate service department expenses to operating departments toggle button Allocate service department expenses to operating departments
Answers
Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.
What is direct expenses?A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.
Thus, option A is correct
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Token economies are based on
a. classical conditioning.
b. operant conditioning.
c. vicarious conditioning.
d. cognitive learning.
Answers
Token economies are based on operant conditioning. Option b is correct choice.
Token economies are based on operant conditioning, which is a theory of learning that involves the use of reinforcement to increase or decrease the likelihood of a behavior occurring. In a token economy, tokens are given as a form of positive reinforcement for desired behaviors, which can then be exchanged for rewards or privileges.
This system is often used in schools, prisons, and mental health facilities to encourage positive behavior and reduce negative behavior. The use of tokens allows for immediate reinforcement of desired behavior, which can be more effective than delayed reinforcement. Option b is correct choice.
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Formulate and answer a True/False question for each of the following topics:
a. Integer Optimization – Binary Constraint Types
b. Integer Optimization – Fixed Charge Model and Excel Solving
c. Project Scheduling – Impact of shortening an activity
d. Project Scheduling – Impact of delaying an activity
Answers
a. In Integer Optimization, binary constraint types restrict variables to only take on values of 0 or 1. True.
b. The Fixed Charge Model is a type of Integer Optimization problem and can be solved in Excel using the Solver add-in.
True.
c. False. Shortening an activity in a project schedule may not always result in a reduction of the project duration if the shortened activity is not on the critical path.
d. True. Delaying an activity in a project schedule will always result in an increase in the project duration, as it will push back the start and end dates of subsequent activities.
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True or False: Organizations often add enticements such as relocation assistance and career development programs to attract better applicants. This is the only benefit to having these programs.
Answers
The given statement "Organizations often add enticements such as relocation assistance and career development programs to attract better applicants." is True organizations often add enticements such as relocation assistance and career development programs to attract better applicants.
These programs not only attract better applicants, but they also provide additional benefits to both the employees and the organization. For instance, career development programs help employees improve their skills and knowledge, leading to increased job satisfaction and retention rates.
Furthermore, such programs foster a positive work environment, resulting in higher employee engagement and productivity. Meanwhile, relocation assistance eases the burden of moving for new employees, allowing them to focus on their new role and adapt to the organization more quickly.
In summary, while these programs do attract better applicants, they also provide numerous other benefits, such as employee skill enhancement, increased job satisfaction, and improved productivity, which ultimately contribute to the overall success of the organization.
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The following selected accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Accounts receivable $45,000, Prepaid insurance 4,500, Land 50,000, Accounts payable 39,000, Notes payable 55,000, Retained earnings 12,000, Dividends 2,000, Fees earned revenue 65,000, Selling expenses 34,500, Administrative expenses 12,750, Miscellaneous expense 1,250.
Answers
The required Journal Entries that are required to close the book for the selected four accounts at year-end include the following:
Journal Entries:
December 31,
Debit Fees earned revenue $65,000
Credit Income Summary $65,000
To close the Fees revenue to income summary.
Debit Income Summary $34,500
Credit Selling expenses $34,500
To close the selling expenses to income summary.
Debit Income Summary $12,750
Credit Administrative expenses $12,750
To close the administrative expenses to income summary.
Debit Income Summary $1,250
Credit Miscellaneous expense $1,250
To close the miscellaneous expenses to income summary.
Data Analysis:
1. Accounts to be closed to Income Summary are:
Fees earned revenue $65,000 Income Summary $65,000
Income Summary $34,500 Selling expenses $34,500
Income Summary $12,750 Administrative expenses $12,750
Income Summary $1,250 Miscellaneous expense $1,250
2. Assets and Liabilities accounts:
Accounts receivable $45,000
Prepaid insurance 4,500
Land 50,000
Accounts payable 39,000
Notes payable 55,000
Retained earnings 12,000
Closed to Retained earnings: Dividends 2,000
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One of the purposes of market segmentation is to determine the best customer for the service or product and then to target that group
through marketing.
True
False
Answers
Answer:
true
Explanation:
The study of human development is conducted in a scientific manner because: Please choose the correct answer from the following choices, and then select the submit answer button. researchers want to move from the objective to the subjective. researchers can develop subjective opinions. people usually agree on how children should be raised. scientists seek to progress from personal opinions to proven facts.
Answers
The study of human development is conducted in a scientific manner because scientists seek to progress from personal opinions to proven facts.
The study of human development is approached scientifically to ensure that researchers can progress from personal opinions to proven facts. By adopting a scientific method, researchers aim to gather empirical evidence, analyze data objectively, and draw conclusions based on reliable and replicable findings.
Subjectivity can introduce biases and errors in the study of human development. Therefore, researchers strive to minimize subjective opinions and instead rely on systematic observation, experimentation, and rigorous analysis of data. This scientific approach allows for the collection of reliable and valid information about human development processes, patterns, and factors.
Furthermore, the scientific study of human development emphasizes objectivity and evidence-based conclusions. It aims to provide a systematic understanding of the processes and mechanisms underlying human growth, learning, and behavior. Through scientific investigation, researchers can establish reliable theories and evidence-based practices that contribute to our understanding of human development and inform interventions, policies, and practices in various fields such as education, psychology, and healthcare.
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he auditors have some uncertainties, but these uncertainties are not so material that they cannot form an opinion on the fairness of presentation of the financial statements as a whole. B. The auditors have observed a departure from generally accepted accounting principles that is so material and pervasive that a qualified opinion is not justified. C. The auditors have observed a departure from generally accepted accounting principles but the departure is not of sufficient materiality to justify a qualified opinion. D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Answers
Answer:
D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Explanation:
The issue of a disclaimer of opinion normally represent that the auditor could not able to form the opinion on the fairness of the financial statements that shows the financial position and the condition of the company.
He is not able to give his opinion for the company financial statements
So, the last option would be correct
And, the rest of the options would be incorrect
A loan of $105,487.80 is to be amortized over a 10-year term at 6% interest compounded monthly with monthly payments and a $20,000 balloon payment at the end of the term. Calculate the monthly payment.
The monthly payment is $
(Do not round until the final answer. Then round to two decimal places as needed.)
Answers
Answer:
$1049.09
Explanation:
The present value of the balloon payment is ...
$20,000/(1 +.06/12)^(12·10)) = $10,992.65
So, the effective amount of the loan is ...
$105,487.80 -10,992.65 = $94,495.15
The amortization formula gives the payment as ...
A = P(r/n)/(1 -(1 +r/n)^(-nt)) = $94,495.15(.06/12)/(1 -(1 +.06/12)^(-12·10))
= $94,495.15(.005)/0.450367 = $1049.09
The monthly payment is $1049.09.
can i have one sentence on how you would describe your favorite icecream
Answers
Answer:
it is chocolatey and peanut buttery and tasty i like moose tracks.
Explanation:
Answer:
My favorite ice cream is minty, with chocolate chunks!
Explanation:
does unemployment affect demand?
Answers
Yes it does. Unemployment is when a person isn't currently hired at a work pleace. If people are unemployed they are making no income so less people are in need of products so it lowers the demand.
Evie is very good with computers and using social media. She has created a new email system that automatically generates the email addresses of people looking at magazine sites that can then be used to target them for product emails. In which career pathway is Evie most likely involved?
Marketing Communications
Professional Sales and Marketing
Distribution and Logistics
E-Marketing
Answers
Answer:
D. E-Marketing
Explanation:
Edge
E-Marketing is the career pathway is Evie most likely involved. Hence, option D is correct.
What is E-Marketing?E-marketing is a branch of advertising that encompasses all online marketing operations carried out by a company through the use of a computer or the internet. Internet marketing, online marketing, digital marketing, or web marketing are additional names for this sort of marketing.
A digital marketer is in charge of spreading awareness of a brand in the marketplace. To increase brand recognition and produce leads, they employ a wide range of digital media. The company's website and social networking sites.
E-marketing is a branch of advertising that encompasses all online marketing operations carried out by a company through the use of a computer or the internet. Internet marketing, online marketing, and digital marketing are some other names for this sort of advertising.
Thus, option D is correct.
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how long must life agents keep their transaction records
Answers
According to the National Association of Insurance Commissioners (NAIC), life agents must keep their transaction records for at least five years from the date of the transaction.
This includes any documents or records related to the sale, purchase, or servicing of life insurance policies, as well as any communications with clients or other parties involved in the transaction.
Keeping accurate and complete records is important for several reasons. First, it helps ensure compliance with state and federal regulations governing the insurance industry. Second, it can protect agents in case of legal disputes or audits. Finally, it can be helpful for agents to review their own records to track their sales performance and identify areas for improvement.
It's important for life agents to have a system in place for organizing and storing their records. This may involve using digital tools like cloud-based storage or specialized software designed for insurance agents. Regardless of the method used, it's essential that records be easily accessible and retrievable in case of an audit or other regulatory review.
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Richard Roll, in an article on using the capital asset pricing model (CAPM) to evaluate portfolio performance, indicated that it may not be possible to evaluate portfolio management ability if there is error in the benchmark used.
a. Describe the general procedure, with emphasis on the benchmark employed, that one follows in evaluating portfolio performance. (5 Marks).
b. Explain what Roll meant by the benchmark error and identify the specific problem with this benchmark. (6 Marks)
c. Draw a graph that shows how a portfolio that has been judged as superior relative to a "measured" security market line (SML) can be inferior relative to the "true" SML. (7 Marks)
d. Assume that you are informed that a given portfolio manager has been evaluated as superior when compared to the DJIA, the S&P 500, and the NYSE Composite Index. Explain whether this consensus would make you feel more comfortable regarding the portfolio manager’s true ability. (3 Marks)
e. While conceding the possible problem with benchmark errors as set forth by Roll, some contend that this does not mean that the CAPM is incorrect, but only that there is a measurement problem when implementing the theory. Others contend that because of benchmark errors the whole technique should be scrapped. Take and defend one of these positions. (4 Marks)
Answers
Richard Roll's reference to benchmark error suggests that the benchmark used to evaluate portfolio performance may not accurately represent the portfolio manager's ability.
a. Evaluating portfolio performance involves comparing the returns of a portfolio to a benchmark. The benchmark serves as a reference point to assess how well the portfolio has performed relative to a specific market or investment strategy. The general procedure includes selecting an appropriate benchmark that closely matches the portfolio's investment objectives, constructing a portfolio with the desired asset allocation, and then measuring the portfolio's performance against the benchmark over a specified time period. Various performance metrics such as return, risk-adjusted return, and tracking error are used to evaluate the portfolio's performance.
b. Richard Roll's reference to benchmark error suggests that the benchmark used to evaluate portfolio performance may not accurately represent the portfolio manager's ability. Benchmark error can arise from several factors, such as inappropriate selection of the benchmark, limitations in the benchmark's composition, or discrepancies in the benchmark's returns. The specific problem with this benchmark is that if it is flawed or not representative of the portfolio's investment strategy, it becomes difficult to determine whether any outperformance or underperformance of the portfolio is due to the manager's skill or the benchmark's deficiencies.
c. A portfolio that has been judged as superior relative to a "measured" Security Market Line (SML) can still be inferior relative to the "true" SML. The SML represents the theoretical relationship between an asset's risk and its expected return, as determined by the CAPM. If the measured SML used as a benchmark deviates from the true SML, it means that the benchmark misrepresents the expected returns of different levels of risk. As a result, a portfolio that appears superior based on the measured SML may actually underperform when compared to the true SML, indicating that the portfolio manager's ability is not as strong as initially believed.
d. The consensus evaluation of a portfolio manager as superior compared to the DJIA, the S&P 500, and the NYSE Composite Index might provide some comfort regarding the manager's relative performance against these benchmarks. However, it does not necessarily guarantee the manager's true ability or skill in portfolio management. Benchmarking against market indices like DJIA, S&P 500, or NYSE Composite provides a comparison to broad market performance, but it does not account for the portfolio manager's ability to outperform the market consistently or generate alpha. Additional factors such as risk management, investment strategy, and consistency of performance need to be considered to gain a comprehensive understanding of the manager's true ability.
e. While benchmark errors highlight a measurement problem when implementing the CAPM, it does not necessarily invalidate the entire theory. One can contend that the CAPM is still a valuable tool for understanding the relationship between risk and return in a systematic manner. It provides a framework for estimating the expected return of an asset based on its beta and the market risk premium. The benchmark errors, although problematic, can be mitigated by improving the selection and construction of benchmarks to better align with the portfolio's investment objectives. By refining the benchmarking process, it is possible to address the measurement problem while still benefiting from the insights and principles offered by the CAPM. Thus, it is more reasonable to advocate for improving the implementation of the CAPM by addressing benchmark errors rather than completely discarding the entire technique.
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You are the Chief Operating Officer (COO) of a mid-ize manufacturing company that i eeking a new
Chief Executive Officer (CEO) to fill the pending vacancy in the next few month, and you are eeking thi
poition. The proce require that you ubmit a Viion and Qualification Document to the Board of
Director for the CEO poition that demontrate your qualification baed upon your experience and
command of the variou dicipline required to be a ucceful CEO. You believe you are extremely
qualified for thi poition, which require your ability to lead the organization through the Strategic
Management proce. Thi ubmittal i a comprehenive document that deliver a broad undertanding
of your relevant qualification for the poition you eek and provide your viion for the future
Answers
A top executive with responsibility for managing a company's daily administrative and operational tasks is known as the chief operating officer (COO).
How to write the letter to Board of Directors?Company Name
Company Address
Your Name
Your Address
Dear (HR Name)
I recently learned that the company's CEO post has been vacant for hardly any months, thus my interest in the role is obvious. As of right now, I serve as this company's COO. I hold a Ph.D. in tasks and a Management Master's degree. I am capable of doing daily chores in all corporate offices thanks to my five years of experience working for this organization. I see to it that this company's procedures are followed. I also oversee all of the administrators' work in the company. I possess management and leadership skills that are just as personal and human, which I believe should be present in a CEO.
You can check my prior job history with this organization in the letter enclosed with my resume, which is also enclosed. Additionally, you can learn more about my education and accomplishments. I am aware that the CEO role is a very important one and that anyone who can contribute to it deserves praise.
I hope you would consider my passion for this job and respond to me promptly. I appreciate your time.
Sincerely
**Your name**
WHAT IS CHIEF OPERATING OFFICER?The COO is seen as being second in the line of command and often reports directly to the CEO.
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if an organization shows sufficient due care, which burden is eliminated in the event of a security breach?
Answers
Showing sufficient due care eliminates the burden of negligence in the event of a security breach.
When an organization demonstrates sufficient due care in terms of implementing reasonable security measures and taking necessary precautions to protect sensitive information, it can potentially eliminate the burden of negligence in the event of a security breach. Due care refers to the level of prudence and caution exercised by an organization to prevent harm or loss. It involves implementing industry best practices, complying with relevant regulations and standards, conducting risk assessments, and maintaining robust security controls.
By showing sufficient due care, the organization can demonstrate that it acted responsibly and took reasonable measures to protect sensitive data. This can help in establishing a strong defense against allegations of negligence in the event of a security breach.
However, it's important to note that while demonstrating due care can reduce the organization's liability, it does not guarantee complete immunity from legal consequences. In some cases, even with sufficient due care, an organization may still be held accountable if it is found that it failed to meet specific legal obligations or industry standards. Therefore, organizations should continuously assess and update their security practices to stay proactive and adaptive in the face of evolving threats.
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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Amount
Sales $ 1,260,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 50
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 155,000
Total fixed administrative expense $ 105,000
Beginning merchandise inventory $ 70,000
Ending merchandise inventory $ 105,000
Merchandise purchases $ 285,000
Required:
1. Prepare a traditional income statement for the quarter ended March 31.
2. Prepare a contribution format income statement for the quarter ended March 31.
3. What was the contribution margin per unit?
Answers
Answer:
Refer to the below explanation
Explanation:
1. Traditional income statement.
Revenue $1,260,000
Cost of goods sold = Beginning inventory + purchases - Ending inventory
= $70,000 + $285,000 - $105,000
=$ 250,000
Gross profit= Sales - cost of goods sold
= $1,260,000 - $250,000
=$1,010,000
Administrative expenses = $19 × ($1,260,000/450) + $105,000
= $158,200
Selling expenses = $50 × ($1,260,000/450) + $155,000
=$295,000
EBITDA = $556,800
2. Contribution margin statement
Sales. = $1,260,000
Less
Total Variable cost:
Cost of goods sold =$250,000
Variable selling exp.
2800 × $50=$140,000
Administrative exp.
2800 × $19=$53,200
Total variable cost. =$56,800
Contribution margin =$1,203,200
Less
Total Fixed costs:
Selling expenses =$155,000
Administrative expenses=$105,000
Total fixed cost =$260,000
Net profit. = $943,200
3. Contribution margin per ratio
= Contribution margin / Quantity
=$1,203,200 / 2,800
=$430
Describe an example of a product that has highly elastic demand. describe at least two factors that make this product’s demand so elastic.
Answers
Answer:
An example of a product with hight elastic demand are candies, or sweets of a specific brand or kind, because if their prices go up, you will probably be able to buy another similar candy or sweet quickly.
Factors:
A product with an elastic demand usually has (many) substitutes, which make that specific product replaceable. If the product does not have a substitute (i.e. a specific medicine), it would have a low elastic demand, because you cannot change it when prices go up.An other factor that affects demand elasticity is the proportion or share on your income that an expenditure of an specific item represents in your budget. The higher the proportion of your income you spend in the product,the more elastic elasticity of demand will be. As an example, think about the price of salt or pepper: if the salt you consume doubles its price, you can still afford to buy it, because it does not represents an important share of your income. On the other hand, if your house's rent doubles, you will probably look for another apartment that you can afford, because it represents an important share of your income.Define Red Gross Society.
Answers
Answer: The Indian Red Cross Society is a voluntary humanitarian organization to protect human life and health based in India.
Explanation: It is part of the International Red Cross and Red Crescent Movement, and so shares the Fundamental Principles of the International Red Cross and Red Crescent Movement.
if you borrow $2,700 and agree to repay the loan in four equal annual payments at an interest rate of 10%, what will your payment be?
Answers
The annual payment will be approximately $824.09. This calculation is based on the formula for calculating the equal annual cost of a loan.
Using this formula, the annual payment is calculated as the loan amount divided by the present value annuity factor, which accounts for the interest rate and the number of payments. To calculate the annual fee, we can use the formula for an equal annual cost of a loan. The formula is: annual Payment = Loan Amount / Present Value Annuity Factor in this case, the loan amount is $2,700, and the interest rate is 10%.
We need to repay the loan in four equal annual payments, so the number of payments is 4. The present value annuity factor considers the interest rate and the number of payments. It represents the value of a stream of equal payments discounted to the present. We can find this factor using financial tables or formulas. Plugging in the values, we divide the loan amount of $2,700 by the present value annuity factor to find the annual payment.
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Complete the sentence.
A(n) ____ should always behave responsibly and appropriately online.
Answers
Answer:on edge its digital citizen
Explanation:i got 100%
Answer: Below
Explanation:
Assignment 2
(20 points)
Assignment 2: Costs and Profit
Instructions
Answers
I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry
Answer:
can u please upload it
Explanation:
If Canada were to export $100 billion of goods and services and import $150 billion of goods and services, and there were no other factor income or transfers, then the balance on the financial account would be:
Answers
If Canada were to export $100 billion of goods and services and import $150 billion of goods and services, with no other factor income or transfers, then the balance on the financial account would be f $50 billion. This is because the financial account records all transactions involving the acquisition or disposal of financial assets and liabilities between domestic residents and non-residents.
Step 1: Determine the trade balance.
The trade balance is the difference between the value of exports and imports.
Trade balance = Exports - Imports
Trade balance = $100 billion - $150 billion
Trade balance = -$50 billion (a deficit)
Step 2: Calculate the balance on the financial account.
Since there are no other factor income or transfers, the balance on the financial account would be the opposite of the trade balance, as the financial account measures the net change in ownership of national assets.
Financial account balance = -Trade balance
Financial account balance = -(-$50 billion)
Financial account balance = $50 billion (a surplus)
In this scenario, the balance on the financial account would be a surplus of $50 billion. This means that Canada is experiencing a net inflow of financial assets, which could be due to foreign investments, loans, or other financial transactions.
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the primary way that fraud is prevented, detected, or corrected is through a proper system of________.
Answers
The primary way that fraud is prevented, detected, or corrected is through a proper system of internal controls.
Internal controls are policies and procedures implemented by an organization to ensure that its operations are conducted in a consistent, reliable, and transparent manner. A well-designed system of internal controls can help prevent fraud by establishing clear lines of authority and responsibility, segregating duties, requiring proper documentation and approval, and ensuring that transactions are recorded accurately and completely. Additionally, internal controls can help detect fraud by providing checks and balances that identify unusual or suspicious activity, such as discrepancies in financial statements or unauthorized transactions. If fraud does occur, a system of internal controls can help correct the situation by providing a framework for investigation, remediation, and prevention of future occurrences.
The primary way that fraud is prevented, detected, or corrected is through a proper system of internal controls. Internal controls are an essential component of any organization's financial management and are designed to ensure that the organization's operations are conducted in a consistent, reliable, and transparent manner. A well-designed system of internal controls can help prevent fraud by establishing clear lines of authority and responsibility, segregating duties, requiring proper documentation and approval, and ensuring that transactions are recorded accurately and completely. For example, segregation of duties means that no single employee should be responsible for handling all aspects of a financial transaction from start to finish. Instead, different employees should be responsible for initiating the transaction, approving it, recording it, and reconciling it. This reduces the risk of fraud or errors being committed without detection. Additionally, internal controls can help detect fraud by providing checks and balances that identify unusual or suspicious activity. For instance, regular reviews of financial statements and reports can help detect discrepancies or irregularities in transactions. Other controls such as mandatory vacation time, job rotation, and whistle-blower hotlines can encourage employees to report suspicious behavior.
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carefully specified objectives should have all of the following characteristics except _______.
Answers
With the exception of having ambiguous end dates, correctly chosen objectives should contain all of the following criteria.
What makes something unspecific?The Latin verb specificare, which meaning "to mention especially," is where the word specify, the basis of unspecified, originates. Unspecified refers to something that is not specifically mentioned. The prefix un denotes "not," therefore. Get your favorite fruit if you're going to the supermarket to buy an unnamed fruit.
What are some instances of travel that is not specified?Imagine being pulled aside for a security check at the airport, then being led into a back room, hooded, and driven away. without any knowledge of your destination. You'll then be placed in a cramped cell where you can hear the cries coming from the other captives.
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A pickpocket routinely carries a knife in his pocket just in case he needs it. On one occasion, he is successfully able to remove a man's wallet without being noticed. He is later caught and tried. Which of the following is the best answer for why this occurred?
A. The act is not considered robbery because the thief did not have a firearm.
OB. The act is considered robbery because the thief knew the use of
force was a possibility for him in his plans.
OC. The act is not considered robbery because no violent force was used or threatened in the theft.
OD. The act is considered robbery because the thief was armed and
able to use violent force.
Answers
Answer:
OC
Explanation:
Theft means taking someone's property but does not involve the use of force. This would describe this scenario
Robbery would mean the pickpocker inflicted, threatened or attempted to inflict harm on the man
please help this is for economics
Answers
Answer: its not clear
Explanation:
do u mind send or uploading it again?