The principles of internal control include the following:
A. Perform regular and independent reviews.
B. Apply technological controls. Ensure assets.
C. Separate recordkeeping from the custody of assets.
D. Record assets at cost. Maintain adequate records.
E. Match revenues with expenses in the same accounting period.
F. Establish responsibilities.
What is internal control?Internal control is the system of controls instituted by management to:
Provide reasonable assurance of the financial and accounting informationSafeguard the assets of the companyEnsure the integrity of its operations.The five components of an internal control framework include:
Control environmentRisk assessmentControl activitiesInformation and communicationMonitoring.Thus, the principles of internal control include all the options.
Learn more about internal controls at https://brainly.com/question/26398073
A game theorist is walking down the street in his neighborhood and finds $20. Just as he picks it up, two neighborhood kids, Mark and Nancy, run up to him, asking if they can have it. Because game theorists are generous in nature, he says he's willing to let them have the $20, but only according to the following procedure: Mark and Nancy are each to (independently) submit a written request as to their share of the $20. Let m denote the amount that Mark requests for himself and n be the amount that Nancy requests for herself. M and n are required to be chosen from the interval [0, 20]. If m+n =< 20, then the two receive what they requested, and the remainder (20 - m - n) is split equally between them. If, however, m+n> 20 the game theorist keeps the $20. Mark and Nancy are the players in this simultaneous-move game. Assume that each of them has a payoff equal to the amount of money that he or she receives.
Required:
Find all Nash equilibria for this game
Mark and Nancy must submit a written request for their share of the $20, both of them must keep in mind that the solution is to split evenly, $10 each.
What is the main purpose of game theory?
Game Theory, which could very properly be called Interdependent Decision Theory, has as its object of analysis situations where the outcome of the action of individuals, groups of individuals, or institutions substantially depends on the actions of others involved.
With this information we can conclude that Mark and Nancy should submit a written request for their share of the $20, both of them should keep in mind that the solution is to split evenly, $10 each.
Learn more about Game Theory in brainly.com/question/7582314
The cover letter should _____.
a.
be a minimum of two pages in length
b.
never ask for an interview
c.
introduce you to an employer
d.
include your family history
C, introduce you to an employer
Explanation:an introduction is needed before looking into any sort of info [for a better understanding, an example would be how you have your name on the cover of your notebook before looking into your actual notes.]
Answer:
C
Explanation:
The majority of the brands marketed in the united states are _____ brands.
It should be noted that majority of the brands marketed in the united states are manufacturer brands.
What is a brand?A brands can be regarded as the generally intangible, which is often associate things like products and names.
It serves as a way to promote the business, Example are Apple, Nike, Coca-Cola.
Learn more about brand at:
https://brainly.com/question/14279491
Taylor's Mill is a neighborhood comprised of 185 homes. According to the website Zillow, the average market value of the homes in this neighborhood is $418,300 with a standard deviation of $36,500. What is the standard error for a random sample of 32 homes from this neighborhood?
Answer:
$5,883.76
Explanation:
Calculation for the standard error for a random sample of 32 homes from this neighborhood
Standard error for a random sample = √[(185-32)/(185-1)]*36,500/ √32
Standard error for a random sample= √(153/184)*36,500/√32
Standard error for a random sample=0.91187*36,500/5.6568
Standard error for a random sample=33,283.255/5.6568
Standard error for a random sample=$5,883.76
Therefore the standard error for a random sample of 32 homes from this neighborhood will be $5,883.76
Which of these is an organizational skill?
A. Respect
B. Knowing multiple languages
C. Patience
D. Multitasking
The ability to prioritize tasks according to those that must be finished right away versus those that can wait, be given to another person, or be done without, is referred to as organizational skills.
Thus, Option D is correct.
Why is it crucial to have organizing skills?No matter where or how you work, having organizational skills can help you manage your current position as well as hunt for new employment or advance in your existing position. With so many requests, responsibilities, and expectations on your plate, being organized can help you make the most of your time, energy, resources, and mental space so that you can accomplish your objectives and complete your work with less stress.
Your physical and digital areas can be organized with the help of organizational skills, which can also help you manage, organize, and plan all you need to do. Simply, having good organizing abilities helps you perform better at work. They help you perform at your highest level at work.
For more information about organizational skills refer to the link:
https://brainly.com/question/14897426
#SPJ5
Management cannot being the planning process until the organization has determined what its ________ will be.
The organizational mission is essential for organizational planning, as it refers to the purpose of the organization's existence.
What is the organizational mission?It corresponds to the determination of what is the reason for a company to operate in a certain market, that is, it is a guide for the formulation of the strategy that will lead to the achievement of the objectives.
Therefore, the mission statement is also a tool capable of influencing the perception of a company's stakeholders by declaring its social role in the market in which it operates.
The correct answer is:
MissionFind out more about organizational mission here:
https://brainly.com/question/4269555
Prita thinks she looks good in purple. She decides to wear all purple to school
next Monday. To accent her outfit, she buys a purple beanie hat online.
Which of these most likely influenced her buying decision?
A. Internal factors
B. Laws and regulations
C. Marketing
D. External factors
Consumption expenditures do not include household purchases of.
Answer:
sToP bUyInG wHaTeVeR yOuR bUyInG tHeN sWeEtHeArT
Explanation:
JUST STOP
If you spend more in a month than is expected in your budget, what are your two options?
Answer:
It's hard to define how much should be left over each month after paying all your personal finances as they are different for everyone. But to generalize it, the 50/20/30 rule is applicable to most of us. According to this rule, up to 50% of your income goes to fixed spending, 20% would go to savings.
Explanation:
Something that credit card commercials don't show you is . . .
1. How great your life will be with payments
2. People making payments for months or years on those credit card purchases
3. How much your credit score will grow right away
4. How happy your parents will be that they don't have to lend you cash anymore
5. When a homeowner takes out a home equity line of credit (HELOC), that loan can only be used for home repairs and renovations.
Credit card commercials do not show 2. People making payments for months or years on those credit card purchases.
What are credit card commercials?Credit card commercials are the adverts placed on various media by credit card companies to entice individuals to sign on a credit card.
The commercials will show the great life of getting a credit card and making purchases convenient, including other enticements.
Thus, credit card commercials do not show Option 2.
Learn more about credit cards at https://brainly.com/question/2808739
A government spends money in order to:
A. influence which products will be available to U.S. consumers.
B. make sure government programs can function properly.
C. prevent foreign businesses from competing with U.S. companies.
D. decide what each employee at a U.S. company will be paid.
BMIT
Answer:
Options A and C is not related at all. I belive It's B.
Which phrase describes insurance co-pays?
Coinsurance is a way of saying that you and your insurance carrier each pay a share of eligible costs that add up to 100 percent. For example, if your coinsurance is 20 percent, you pay 20 percent of the cost of your covered medical bills. Your health insurance plan will pay the other 80 percent.
Tina, a sophomore in college, is contemplating majoring in marketing. She asked several friends for advice and their comments are listed below. Which comment is the most accurate and likely to help Tina
The most accurate and likely comment to help Tina choose a degree in marketing is that marketing is an area that offers business students a wide range of career options.
What are the roles of a marketer?The professional must have a broad and creative vision, as their main objective is to create strategies to attract consumers, increasing sales and competitiveness and an organization in the market.
Therefore, a career in marketing can have several possible options, as concepts are increasingly developed to create value for the consumer, such as digital marketing for example, which is on the rise in the market.
Find out more about marketing here:
https://brainly.com/question/25492268
how to divide an improper fraction by a proper fraction
Answer:
Mathematicians use three categories to describe fractions: proper, improper, and mixed.
Fractions that are greater than 0 but less than 1 are called proper fractions. In proper fractions, the numerator is less than the denominator. When a fraction has a numerator that is greater than or equal to the denominator, the fraction is an improper fraction. An improper fraction is always 1 or greater than 1. And, finally, a mixed number is a combination of a whole number and a proper fraction.
Explanation:
Notes receivable are used for ______. (Check all that apply.) Multiple select question. lending money to individuals or businesses recording bad debt expense extending payment periods purchasing property, plant, and equipment selling large dollar-value items
Answer: Selling large dollar-value items
Lending money to individuals or businesses
Extending payment periods
Explanation:
A note receivable is a written order to pay a certain sum of money to another client on one or more upcoming events.
What is the use of notes receivable?Notes receivable is a financial account used to monitor borrowers' debt and payments. A small company expects payback when it lends money, goods, or equipment to an individual. The business will keep the information under receivable accounts for numerous types of loans.
Thus Option A, C, and E are examples in which note receivable is used.
For more information about notes receivable refer to the link:
https://brainly.com/question/882090
Unloading the dishwasher is an example of a _____. a. Two minute action task b. Time sensitive task c. Locationally sensitive task d. Multi-task job
Answer:
C or 3
Explanation:
Locationally sensitive task
Unloading the dishwasher is an example of a Locationally sensitive task.
Thus, the correct option is C.
What is Locationally sensitive task?A task in project management is an action that must be finished by a specific date or time in order to advance professional objectives. It is a minor but crucial task that helps to distinguish between different project components.
A task can be divided into assignments, each of which should have a set start and finish date or completion deadline. An assignment or assignments on a task start the task's execution.
A task is typically considered finished after all assignments for that task have been performed. Dependencies can be established by connecting tasks together.
The cooperation of others is typically required to complete tasks. In order to achieve a common objective, coordinated human contact integrates the time, energy, effort, capability, and resources of numerous individuals.
Another way to think about coordination is as the vital mechanism that connects or ties together individual efforts with those of the broader task being carried out by a number of people. Coordination enables one to successfully do tasks that would be more difficult to complete without it.
Learn more about Locationally sensitive task, here
https://brainly.com/question/988201
#SPJ2
Which type of cost is the variable cost of keeping items on hand, such as storage and handling, taxes, insurance, and shrinkage
Answer:
Inventory Holding Cost
According to the principles of scientific management, the best way to improve productivity is to Multiple Choice give employees greater recognition for their efforts. establish open two-way communications among all employees and managers. find the best method of doing each job, then teach those methods to employees. use job rotation and job enlargement to make work more interesting and challenging.
The best way to improve productivity would be to find the best method of doing each job, then teach those methods to employees.
What is productivity?In the business environment, the notion of productivity has to do with the ability of employees to carry out tasks in the work environment in a more efficient, faster and better way.
To increase productivity, it is important that the workers are taught the best way to carry out their jobs.
Read more on productivity here:https://brainly.com/question/2992817
Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
Which of the following is true of total variable overhead variance? a.It can be divided into spending and rate variances. b.It shows only the effect of differences in the prices of overhead variances. c.It always depends on the actual hours used. d.It is the difference between actual and applied variable overheads.
The answer choice which shows the true statement about total variable overhead variance is b. It shows only the effect of differences in the prices of overhead variances.
What is Variance?This refers to the average squared deviations from the mean of a distribution.
With this in mind, we can state that the total variable overhead variance has to do with the difference in the price of prices of the overhead variances which are the surplus.
Read more about total variable overhead variance here:
https://brainly.com/question/4535958
Describe legislation passed to regulate banks
Answer:
add 4 to 983
Explanation:
4 to 983 to the power of 50
Kendall is thinking about going to the movies tonight. a movie ticket costs $15, and she'll have to cancel a $20 dog-sitting job that she would have been willing to do for free. kendall's opportunity cost of going to the movies is
Answer:
Is $15 because she was going to do dog-sitting job that pays $20 for free.
The Nigel Co. had four separate operating segments:What amount of revenues must be generated from one customer before that party must be identified as a major customer
The amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.
Revenue generatedAny revenues generated from a single customer have to be disclosed if the amount is either 10% or more of consolidated sales.
Hence:
Using this formula
Consolidated revenue= Total sales to outsider for 4 separate operating segments×10%
Let plug in the formula
Consolidated revenue=($173,600+$115,300+$134,000+$108,900)×10%
Consolidated revenue=$531,800×10%
Consolidated revenue= $53,180 minimum
Inconclusion the amount of revenues must be generated from one customer before that party must be identified as a major customer is: $53,180.
Learn more about revenue generated here:https://brainly.com/question/16232387
Which of these is an advantage to mass production?
The advantage to mass production is,there will be sufficient products for people to use.
True or False: Those with master's degrees have the highest earning potential.
Answer:
I believe True but sorry if I'm incorrect.
Explanation:
Answer:
True
Explanation:
To be sure, earning a master's degree has historically been tied to higher earnings. According to the Bureau of Labor Statistics, those with just a high school degree earn $746 per week on average while college graduates earn closer to 1,248 per week, and workers with master's degrees earn nearly $1,500 per week.
Which of the following is not something that will help you pay off credit card debt? a. Stop using your credit cards. B. Make extra payments when possible. C. Make a realistic budget to make regular payments and stick to it. D. Transfer existing credit card balances to credit cards with "low introductory rates. " Please select the best answer from the choices provided. A B C D.
Answer:
A
Explanation:
Answer:
Answer is A
Explanation:
An organization type that is unlikely to be found in a traditional organization is: Hierarchical Networked Flat Traditional
An organizational structure is a system that defines modalities for certain activities to be directed in order to achieve the goals of an organization. Hence, the one not found is networked.
Defining an Organizational StructureCompanies of of different mangnitudes use organizational structures verily. They define a specific hierarchy within an organization.
A successful organizational structure defines each employee's job and how it fits within the overall system. Summarily, the organizational structure lays out who does what so the company can meet its objectives. it is found in traditional structure.
Network StructureThis type of organizational structure is also known as matrix structure. It is also the most confusing and the least used. This structure networked staff across different superiors, divisions, or departments.
Therefore, the answer is network.
learn more about organisational structure from here: https://brainly.com/question/1288780
___ credit can take the form of a credit card or a personal line of credit.
A. Principling!
B. Installment
C. Revolving
D. Collateral
Answer: C. Revolving
Explanation:
I got it right on my test
On the Federal Reserve's balance sheet, securities would include Multiple Choice mainly U.S. Treasury and municipal bonds. private and public debt. U.S. Treasury securities. bonds issued by commercial banks.
The securities in a Federal Reserve's balance sheet will be C. U.S. Treasury securities.
What is a Federal reserve?A federal reserve simply means the central banking system of a country. It oversees the country's finance.
In this case, the securities in a Federal Reserve's balance sheet will be the United States Treasury securities.
Learn more about Federal reserve on:
https://brainly.com/question/25817380
During a storm, a tree falls on your vehicle. What type of insurance would cover the damage to your vehicle
comprehensive coverage.