The principle of internal control that prevents one individual from being responsible for all the related activities of a given task is called segregation of duties.
This principle ensures that no single individual has complete control over a transaction or activity from start to finish, thereby minimizing the risk of errors, fraud, and other unethical behavior.
Segregation of duties involves separating the key tasks of a process or transaction among different individuals or departments. For example, in a retail business, the cashier who collects payments from customers should not be the same person who is responsible for reconciling the cash register at the end of the day. Similarly, the person who authorizes purchases should not be the same person who approves the payments for those purchases.
By implementing segregation of duties, organizations can prevent errors, fraud, and other risks from occurring. This principle is a critical component of effective internal control systems and helps to ensure the accuracy, reliability, and completeness of financial information.
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Wheb applying varnish ,always ___________the parts of the product
When applying varnish, always important to thoroughly clean and prepare the parts of the product to ensure a smooth and even finish.
This means removing any dust, dirt, or debris from the surface and ensuring that it is dry before applying the varnish. It is also important to sand the surface to create a smooth and even texture and remove any imperfections or rough spots. This will help the varnish to adhere properly to the surface and prevent any bubbles or bumps from forming during application.
In addition, it is important to apply the varnish in thin, even coats, allowing each layer to dry completely before applying the next. This will ensure that the finish is smooth and even, without any streaks or blotches. It may also be necessary to sand between coats to create a smooth surface and remove any imperfections.
Overall, the key to applying varnish is to take your time and ensure that you are properly preparing the surface and applying the varnish in a careful and controlled manner. With the right tools and techniques, you can achieve a beautiful and long-lasting finish that will protect and enhance your product for years to come.
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a marketing plan and operating budget are two components of
a.a long range planning
b. a business plan
c. short range planning
d. a staff planning
when would sunk costs be irrelevant for current decision making?
Sunk cost are always irrelevant when making current decisions.
Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.
An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.
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3) The value of a particular investment follows a pattern of exponential growth. In the year 2000, you invested money in a money market account. The value of your investment t years after 2000 is given by the exponential growth model A=2900e0.052t. By what percentage is the account increasing each year?
The account is increasing by approximately 5.2% each year. The percentage increase per year is determined by the growth rate exponent in the exponential growth model.
In this case, the growth rate exponent is 0.052, which corresponds to a growth rate of 5.2%.
To understand how this percentage is derived, we can examine the equation: A = 2900e^(0.052t), where A represents the value of the investment t years after 2000. The term e^(0.052t) represents the exponential growth factor.
When t = 1 (one year after 2000), the equation becomes A = 2900e^(0.052), which gives the value of the investment after one year. The difference between this value and the initial investment (2900) represents the increase in the account. Dividing this increase by the initial investment and multiplying by 100 gives the percentage increase.
In this case, the increase is approximately 152.59, so the account is increasing by approximately 5.26% each year (152.59/2900 ≈ 0.0526 or 5.26%). Therefore, the account is growing at a rate of about 5.2% annually.
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How did the Gilded Age economy fostered change in the United States in the period from 1870 to 1900?
Urbanization flourished, politics was tainted but had high turnout rates, and economic growth was increasing quickly. Over the course of the Gilded Age, every facet of American life saw significant upheaval.
What actually transpired throughout the Gilded Age?This marked the beginning of the United States' transformation from a country of farmers to one of manufacturing workers who lived in cities. Therefore, the Gilded Age initially appears to have been a period of significant transformation for the nation.
What impact did factory work have on the Gilded Age?The availability of manufacturing jobs in American cities attracted new residents from all over the nation and the world, changing both the population and the level of living.
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An issuer has filed a registration statement with the SEC, but the registration is not yet effective. The issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation. Any agent that is contacting a potential customer to buy the issue must provide the customer with the:
Answer: Preliminary prospectus; Prospectus supplement
Explanation:
From the question, we are informed that an issuer has filed a registration statement with the SEC, but the registration is not yet effective and that the issuer subsequently files additional documentation with the SEC to meet its "full and fair disclosure" obligation.
It should be noted that any agent that is contacting a potential customer to buy the issue must provide the customer with the preliminary prospectus and the prospectus supplement.
sprawl impacts quality of life by a. increasing commuting times and costs. b. increasing our overall health. c. increasing green space. d. decreasing commuting times and costs.
Sprawl affects quality of life by reducing travel expenses and times.
"The spreading of urban developments on undeveloped territory near a metropolis" is the definition of urban sprawl. Urban sprawl has been defined as the unchecked expansion of roadways, commercial space, and housing over vast land tracts in many urban regions, with little regard for urban planning. The phrase applies to both a particular type of urbanisation as well as the social and environmental effects of this development. Before the emergence of industrial warfare, mediaeval suburbs suffered from a lack of city wall security. Modern drawbacks and expenses include lengthened travel times, expensive transportation, pollution, and deforestation. Property taxes hardly ever cover the cost of constructing urban infrastructure for new constructions, leading to a subsidy for the developers .
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in 2008, what percentage of u.s. families had income levels below $113,205? question 12 options: a) 5 percent b) 20 percent c) 80 percent d) 95 percent
In 2008, about 20 percent of families in the United States had their income levels below $113,205. Therefore, the option B holds true.
The income levels with respect to a family can be referred to or considered as the incomes generated by the family throughout a given financial period.
It is generally the summation of income earned by all the earning members of a family, and represents the total income of an income with respect to the families. The United States' income levels of families were very low in the year 2008 due to a stronger recession faced during this period.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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In which learning path activity do you analyze cases in a step-by-step manner to understand how the law affects business?.
A Learning Path activity that involves analyses of cases in a step-by-step manner to understand how the law affects business is Case Problem Analysis.
What is Case Problem Analysis.?
A case problem analysis can be regarded as a learning path that involves investigation of a business problem as well as the , examination of the alternative effective solution.
Therefore, Case Problem Analysis involves analyses of cases in a step-by-step manner to understand how the law affects business .
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in Exhibit 5-8 , national income (NI) equals: a. $ 2,360 billion. b. $ 1,350 billion. c. $ 2,330 billion. d. $ 1,320 billion.
In Exhibit 5-8, national income (NI) equals $2,330 billion.
Exhibit 5-8 provides information about national income (NI), and based on the given options, the correct answer is $2,330 billion.
Exhibit 5-8 is likely a visual representation, such as a table or a graph, that presents data related to national income. National income refers to the total income earned by individuals, businesses, and the government within a country's borders in a given period.
To determine the correct answer, one would need to refer to Exhibit 5-8 and locate the specific value corresponding to national income (NI). Based on the information provided, the correct value is $2,330 billion.
It is important to note that without access to the actual Exhibit 5-8 or further context, it is difficult to provide a more detailed explanation of the exhibit or how the national income value was derived.
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The monthly expenses acquired when running a business are called...?
1)operating expenses
2)ending Inventory
3)beginning Inventory
4)start-up costs
Which one of the following statements is not true about Gantt charts?a.The activities on Gantt charts coincide with the Work Breakdown Structure deliverablesb.A milestone can be created by adding an activity with a unit value.c.Gantt charts can be used to track actual vs planned project schedule information.d.Gantt charts do not usually show task dependencies.
The statement that is not correct about Gantt charts is that "Gantt charts do not usually show task dependencies." Thus, Option D is correct.
Gantt charts are a useful tool for project management that visually displays the schedule of a project. They show the start and end dates of each task, and can also show the duration of each task, the critical path, and resources allocated to each task. A milestone can be created by adding an activity with a unit value, and Gantt charts can be used to track actual vs planned project schedule information.
However, Gantt charts do show task dependencies by indicating which tasks must be completed before others can start, which helps project managers to plan the project and ensure that all tasks are completed in the correct sequence.
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What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 9 years if the current price is $450. Please specify your answer in decimal terms and round your answer to the nearest thousandth (e.g., enter 12.3 percent as 0.123).
The interest rate implicit in a $1,000 par value zero-coupon bond that matures in 9 years if the current price is $450 is 0.094.
To find the interest rate implicit in a $1,000 par value zero-coupon bond that matures in 9 years with a current price of $450, we can use the formula for the future value (FV) of a single sum:
FV = PV * (1 + r)^n
Where FV is the future value (par value), PV is the present value (current price), r is the interest rate, and n is the number of years to maturity. We can rearrange the formula to solve for the interest rate:
r = (FV / PV)^(1/n) - 1
Substituting the given values:
r = (1000 / 450)^(1/9) - 1
Now, let's calculate the interest rate:
r = (2.222)^(1/9) - 1
r = 1.094 - 1
r = 0.094
Thus, the implicit interest rate in the zero-coupon bond is 0.094, or 9.4% when rounded to the nearest thousandth.
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When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
Find out the municipal taxes you are subjected to. Calculate your average annual tax payments to your municipality.
(I'm not sure what this question for my online financial class is asking, can someone help?)
Answer:
I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.
The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:
Items Tax Percentage Districts
Retail sales tax 0.7%
Occupancy tax 2.1% only for the Northern Virginia Planning District
Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District
Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District
Restaurant meal 1%
Communication taxes 1.05%
Motor vehicle rental tax 4%
Explanation:
I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.
The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:
Items Tax Percentage Districts
Retail sales tax 0.7%
Occupancy tax 2.1% only for the Northern Virginia Planning District
Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District
Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District
Restaurant meal 1%
Communication taxes 1.05%
Motor vehicle rental tax 4%
An organized group of laws is referred to as a code?
Answer:
laws. enforceable rules of conduct in a society. code. laws grouped into an organized form. common law.
In
, people invest money in a company in exchange for the company’s
.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
Lynn Roy has decided to take retirement from her job and use the time she has gained to travel around the world. She has decided to start her trip around the world in Europe by train and bus and will use her savings to pay for her trip. Which step in the financial planning process does this scenario demonstrate
Answer:
implementing her financial plan
Explanation:
According to the given situation, Lynn Roy has a plan that she will take a trip to Europe, in this case, retires and travels all over the world.
For doing that, she needs to look at her savings which she saves while doing a job and see if she can make that financially. If she is, she can draw up and implement a plan, meaning, start using it.
Therefore according to the above explanation the correct the answer is implementing her financial plan
suppose disposable income increases by $2,000 . as a result, consumption increases by $1,500 . answer the questions based on this information. where appropriate, enter your answer as a decimal rather than as a percentage. the increase in savings resulting directly from this change in income is
The marginal propensity to save is 0.25
What is Increase in Savings?Assuming no other changes to income, a greater personal saving rate can momentarily limit economic growth.
If people start saving more money on average, it will mean that the economy's expenditures on goods and services for consumers will decline.
How to calculate:
Increase in savings resulting directly from the given change in income = increase in income - increase in consumption
= $2000 - $1500
= $500
Marginal propensity to save = increase in savings/increase in income = 500/2000 = 0.25
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Sheridan Company took a physical inventory on December 31 and determined that goods costing $225,000 were on hand. Not included in the physical count were $24,200 of goods purchased from Pelzer Corporation, FOB shipping point, and $21,200 of goods sold to Alvarez Company for $29,200, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end.
Answer:
$270,400
Explanation:
FOB shipping point: (transfer of risk and reward takes place when the goods are shipped for transfer.
The purchased inventory that was not included are under FOB shipping point, which means that the risks and rewards associated with the inventory has been transferred at the year end. Hence the ownership has been shifted. This means the purchase must be included in the inventory.
FOB destination: The transfer of ownership takes place once the other party receives the order.
As the sold inventory are under FOB destination, which means that the risks and rewards assoiciated with the inventory are not yet transferred. Hence the ownership has not been shifted. This means the sold inventory must be included in the inventory.
Calculation:
Goods on Hand $225,000
Goods Purchased FOB Shipping Point $24,200
Goods Sold on FOB Destination $21,200
Goods on Hand on December 31 $270,400
To force the value of the British pound to depreciate against the dollar, the Federal Reserve should: Group of answer choices sell dollars for pounds in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell dollars for pounds in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market. sell pounds for dollars in the foreign exchange market and the Bank of England should sell dollars for pounds in the foreign exchange market.
Answer:
sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
A foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into Pounds (British) at the foreign exchange market.
Hence, to force the value of the British pound to depreciate against the dollar, the Federal Reserve should sell pounds for dollars in the foreign exchange market and the Bank of England should sell pounds for dollars in the foreign exchange market.
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
In a small, closed economy, national income (GDP) is $750.00 million for the current year. Individuals have spent $300.00 million on the consumption of goods and services. They have paid a total of $250.00 million in taxes, and the government has spent $400.00 millionon goods and services this year. Use this information and the national income identity to answer the questions.How much is spent on investment in this economy?
Answer:
The amount spent on investment in this economy is $50 million in the current year.
Explanation:
This small or enclosed economy can calculate its Gross Domestic Product (GDP) through various approaches. There is the income approach, the expenditures approach, and the output, value-added or production approach. They give the same results. The GDP measures all of an economy's products and services using the above mentioned approaches.
when paychecks are distributed to employees on december 30, 2016, employee george is ill and does not claim his check until january 2017. for what year must this income be reported?
If George receives his paycheck in January 2017 which was entitled to be given to him in December 30, 2016, then the income will be reported for the year 2016.
An income can be described as the amount of money you make from doing a particular job or business. In the field of business, the income you make in a specific month is reported for that specified month. Even if you get late in getting the payments, then also the income is reported for that particular month and year in which the work for that income was done.
Hence, although employee George is claiming his check in January 2017, as his income was made for the year 2016, hence the income will be reported for the year 2016.
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oh your a rapper, huh?
rhyme orange with banana
Answer:
I'm not a rapper- but a writer.
Explanation:
So I shall try ^-^
I'm nothing small,
I'm nothing shy.
I like oranges, nanana,
You like bananas.
We're not the same,
we're nothing close.
Wow thats so bad.
prove that the points (- 6 - 8) (- 16 12) and( - 26 - 18) are the vertices of an isosceles right angled triangle
Answer:
The answer is "True".
Explanation:
Given points:
\(A= (-6,-8)\\B=(-16, 12)\\C=(-26, -18)\\\)
Condition of the right-angle triangle is: \(\bold{AC^2= AB^2+BC^2}\)
Formula to find length:
\(Length= \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}\)
\(AC = (-6,-8)(-26,-18)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)
\(\Rightarrow AC= \sqrt{(-26-(-6))^2+(-18-(-8))^2}\\\\\Rightarrow AC= \sqrt{(-26+6))^2+(-18+8))^2}\\\\\Rightarrow AC= \sqrt{(-20))^2+(-10))^2}\\\\\Rightarrow AC= \sqrt{400+100}\\\\\Rightarrow AC= \sqrt{500}\\\\\)
\(AB = (-6,-8)(-16,12)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-16 \ \ y_2=12\\\)
\(\Rightarrow AB= \sqrt{(-16-(-6))^2+(12-(-8))^2}\\\\\Rightarrow AB= \sqrt{(-16+6))^2+(12+8))^2}\\\\\Rightarrow AB= \sqrt{(-10))^2+(20))^2}\\\\\Rightarrow AB= \sqrt{100+400}\\\\\Rightarrow AB= \sqrt{500}\\\\\)
\(BC = (-16,12)(-26,-18)\\\\x_1= -16 \ \ y_1=12 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)
\(\Rightarrow BC= \sqrt{(-26-(-16))^2+(-18-12)^2}\\\\\Rightarrow BC= \sqrt{(-26+16))^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{(-10)^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{100+900}\\\\\Rightarrow BC= \sqrt{1000}\\\\\)
\(\Rightarrow {AC^2= AB^2+BC^2}\\\\\Rightarrow (\sqrt{1000})^2= (\sqrt{500+500})^2\\\\\Rightarrow 1000=1000\\\)
The angle is right-angled triangle
List five steps of the budget process
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?
Answer:
Document ways diversity played a crucial role for business in the past
Explanation:
River rafting refers to the activity of moving quickly in a small boat along rivers
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.
But the employees are a little resistant to his plan.
For this document ways, diversity has played a crucial role in business in the past.
So, he can follow such ways.