Answer:
A. ineffective understanding of the purpose of a control
Explanation:
Internal controls can be regarded as mechanisms or rules, as well as procedures put in place, by a company so that integrity of financial as well as accounting information, are ensured and to promote accountability as well as prevention of fraud. It should be noted that Common inherent limitations in internal control include ineffective understanding of the purpose of a control
Answer:
allocate money to programmes and projects.
Explanation:
A budget is an estimate or a proposed revenue and expenses for a financial period, usually one year. It shows how funds will be generated by the government to finance it's projects and programmes.
On a yearly basis, government sets out it's plan in a budget against the coming year. It is this plan that would guide it's action in the following year in terms of what and where to focus it's spending on.
Therefore, when a government creates a budget, it is seeking to allocate money to programmes and projects for the benefits of the citizenry.
Increased flexibility in scheduling serves as important benefit for employers to offer because of:
1)the increase in single parent homes
2)the increase in two-income families
- Scheduling serves as a process of arranging as well as controlling and optimizing work when carrying out a production process.
- It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.
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Answer:
Total Deposits = $4937.5 billion
Explanation:
given data
currently in reserves = $400 billion
reserve requirement = 8 percent
reserves amount = $5 billion
solution
first we get here Minimum Required Reserves that is express as
Minimum Required Reserves = Current Reserves - Excess Reserves .........................1
put here value we get
Minimum Required Reserves = $400 billion - $5 billion
Minimum Required Reserves = $395 billion
and
Total Deposits is express as
Total Deposits = ......................2
Total Deposits =
Total Deposits = $4937.5 billion
Answer:
Explanation:
Clarification: Accounting is separated into two sections
Section 1: Financial Accounting: The monetary bookkeeping identifies with the planning of the asset report and other fiscal summaries like accounting report, benefit and misfortune record and income. The essential clients are leasers, speculators for these fiscal summaries.
Section 2: Managerial Accounting: The administrative bookkeeping gives data about monetary and money related data for supervisors and other inward clients. They are more adaptable as is required for the board basic leadership. The essential clients are workers, CEOs, and friends' administrators.
Petra is a CEO of coordinations division, consequently falls into administrative bookkeeping clients.