Answer:
<u><em>Internal control area</em></u>: it is responsible to stablish monitoring process in all the areas of the organization that prevent unlawful practices that are not in compliance with the regulations, laws or any external norm applicable to the company.
<u><em>Key areas:</em></u> below find 3 areas as subjects important to control and 3 areas as departments within the company
- prevention of reputational risk, prevention of credit risk, prevention of operational risk.
- Internal audit area, Compliance area, Legal area.
<u><em>Key controls:</em></u>
- dual controls in the manufacturing of products prevent operational errors
- due dilligences of the commercial area regarding the customers that stablish a relationship with the company
- setting manuals that contain how the procedures must be done.
Answer:
B) It would increase the opportunity cost of becoming a broadcaster.
Explanation:
Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.
The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.
Answer:
I have to invest $11364.
Explanation:
The formula of Compound Interest is:
where A = Amount
P = Principle
r = rate
n = Number of Compounding per year
t = total number of year
Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.
Putting all these values in above formula:
⇒ 
⇒ 
⇒ 
⇒ P = 11364
Hence, I have to invest $11364 for 5 years.
Answer:
The correct answer is option d.
Explanation:
When there is an increase in the price level, the purchasing power of money decreases. People will need more amount of money to purchase the same level of goods. This will reduce the real value of wealth.
When the purchasing power decreases and people need more amount of money to purchase the same level of goods, the demand for money will increase. This will cause the interest rate to rise as well.
As the price level increases, domestic goods become relatively expensive. This will cause the export demands to decline. So the demand for domestic currency will also decline. This will further cause the value of currency to depreciate.
The correct answer is B) less than; high-quality.
The lemons model predicts that the market price of high-quality used cars will be less than the true value of high-quality used cars so that only relatively high-quality cars will be put up for sale in the market.
The Lemons Model refers to the value of some investments and the issues that could follow because the seller and the buyer could have different information regarding the deal. This model was developed by California at Berkley Professor George A. Akerlof, a renowned economist in the 1960s. "Lemons" was a word used in his research because it is how defective used cars are known.
