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vazorg [7]
2 years ago
8

Which of the basic organizational functions records all financial activity from billing customers to paying employees?

Business
1 answer:
Tcecarenko [31]2 years ago
5 0

Which of the basic organizational functions records all financial activity from billing customers to paying employees: Accounting

Financial usually refers to money matters or transactions of some size or importance. Cash, stocks, bonds, mutual funds, and bank deposits are all examples of financial assets.

The Financial field includes three main subcategories:

  • personal finance
  • corporate finance
  • public (government) finance.

learn more about Financial here

brainly.com/question/989344

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Which control could be used to mitigate the threat of hiring unqualified or larcenous employees?
seropon [69]

<u>Answer: </u>

<em>Segregation of duties</em>

<u>Explanation:</u>

<em>Segregation of duties is a key internal control intended to minimize the occurrence of errors or fraud by ensuring that no employee has the ability to both perpetrate and conceal errors or fraud in the normal course of their duties. Generally, the primary incompatible duties that need to be segregated are: Nội dung chính Segregation of Duties</em>

6 0
2 years ago
Assume you have a property insurance contract which includes an 80% coinsurance provision. The insured building is worth $5,000,
BaLLatris [955]

Answer:

$1,500,000

Explanation:

in order for the insurance company to pay for all the damages, you should have purchased a policy that covered $4,000,000 in damages. Since the policy only covers $3,000,000, the insurance company will pay:

($3,000,000 / $4,000,000) x $2,000,000 (loss) = 0.75 x $2,000,000 = $1,500,000

3 0
3 years ago
The biggest factor in determining the price of a mortgage is:
kozerog [31]

I believe the answer is: c. interest rate

In mortgage we let an orgniazation (such as bank)  to took ownership of a certain property that we want. We then pay the organisation with a certain amount of payment plus interest, and the ownership would be transferred to us after we complete all of the payment.

In this process, interest rate is the profit that the organization would take for their service. As the interest rate become lower, the amount of mortgage price would typically increased, and vice versa.

4 0
3 years ago
_______ is the phenomenon of the shifting of individual management styles to become more similar to one another.
Minchanka [31]

Answer:

Convergence

Explanation:

Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.

Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.

3 0
3 years ago
If it is estimated that 30 persons will be living in this new chapter house, what would be the Skulls' annual cost savings by se
creativ13 [48]

Answer: B. $1,500

Explanation:

Cost of using Alpha Avenue

= 5,000 + (200 * 30 people)

= $11,000

Cost of using Beta Blvd.

= 8,000 + (150 * 30 people)

= $12,500

Cost savings = 12,500 - 11,000

= $1,500

5 0
3 years ago
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