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2 years ago

The 20/60/20 rule states that the total percent of employees who might be influenced to commit a fraudulent act is:__________

Business

1 answer:

Ymorist [56]2 years ago

8 0

The 20/60/20 rule states that the total percent of employees who could commit a fraudulent act is <u>60% - 80%.</u>

More about the fraudulent employees :

Basically, it's a non-scientific ratio intended to illustrate how the workforce will typically fall into one of three categories whenever a significant organizational change is anticipated

What it tries to say is:

20 percent will be on board and prepared to make the modifications as needed. 60 percent of people will be aware of the need for change, even though they are still dubious about it. 20% won't be participating at all. While it is the responsibility of the leader to advocate for change, it is unlikely that there will ever be a time when all employees are on board.

Learn more about employees here:

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3 years ago

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Other things the same, during recessions taxes tend to Select one: a. rise. The rise in taxes contracts aggregate demand. b. fal

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Answer:

The correct answer is letter "C": fall. The fall in taxes stimulates aggregate demand.

Explanation:

Recessions are the economic phases characterized by a decrease in economic growth. Unemployment rises, real income decreases, and the overall economy of a country dwindles. However, the government intervenes to turn around the situation by establishing fiscal policies.

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4 years ago

Types of imperfect competition

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Monopolistic competition: A situation in which many firms with slightly different products compete. Production costs are above what may be achieved by perfectly competitive firms, but society benefits from the product differentiation.

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Oligopoly: An industry with only a few firms. If they collude, they form a cartel to reduce output and drive up profits the way a monopoly does.

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3 years ago

What role does budget play and why exhibiting responsible money management behavior is important to reaching future financial go

larisa [96]

Answer:

Some entities will follow a top-down mandatedapproach to budgeting. These budgets will begin with upper-level management establishing parameters under which the budget is to be prepared. These parameters can be general or specific. They can cover sales goals, expenditure levels, guidelines for compensation, and more. Lower-level personnel have very little input in setting the overall goals of the organization.

Explanation:

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3 years ago

Delilah purchased a wheelchair with an installment loan that has an APR of 18 percent. The wheelchair sells for $2,007. The stor

alukav5142 [94]

Answer:

$748.48

Explanation:

Cost of wheelchair = $2,007

Down payment = Cost of wheelchair*20% = $2,007*20% = $401.40

Amount of finance = Cost of wheelchair - Down payment = $2,007 - $401.40 = $1,605.60

Interest rate = 18% * 1/12 = 1.5%per month

Term = 54 month

Monthly payment = Amount of finance*I/[1-(1+I)^-n]

Monthly payment = $1,605.60*1.5%/[1-(1+1.5%)^-54]

Monthly payment = $1,605.60*1.5%/[1 - 0.447541]

Monthly payment = $1,605.60*0.015/0.55246

Monthly payment = $43.59411

Total amount paying for loan over a period = Monthly payment * Term = $43.59411 * 54 = $2354.08

Amount of finance charge = Total amount paying for loan - Amount of loan

Amount of finance charge = $2354.08 - $1,605.60

Amount of finance charge = $748.48

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3 years ago