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Lina20 [59]
1 year ago
9

________ controls formalize standards, rules, procedures, and control disciplines to ensure that the organization's general and

application controls are properly executed and enforced
Business
1 answer:
zloy xaker [14]1 year ago
5 0

Administrative controls formalize standards, rules, procedures, and control disciplines to ensure that the organization's general and application controls are properly executed and enforced.

Administrative controls are the controls which are a  type of hazard control. They are used in order to improve safety within the workplace by putting policies and rules  in place which reduces  the occupational risk faced by workers by  altering the way in which  their work is performed.

Administrative controls include implementation of  policies, rules, and schedules which support safety  as well as  the setting of  safe operating procedures and standards.

It includes different training criteria, housekeeping duties, and maintenance practices in order to reduce exposure to different hazardous substances and dangerous tasks.

To know more about administrative controls here:

brainly.com/question/27421787

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Concerning the classification of customers in the business market, General Motors is a(n) _________ when purchasing a mainframe
zimovet [89]

Answer:

a. <u>user</u>; <u>original equipment manufacturer(OEM)</u>

Explanation:

Business markets refer to purchase and sale of products by businesses with one another. For example, output for one business might be used as an input for another.

A business would be termed as a user when it purchases goods from another business, wherein such goods are not directly used in the manufacturing or creation of it's products.

Original Equipment manufacturer refers to a business which buys certain products and subsequently incorporates them in an altogether newer product  within it's brand name.

6 0
3 years ago
Franklin Construction entered into a fixed-price contract to build a freeway-connecting ramp for $54 million. Construction costs
lara31 [8.8K]

Answer:

$15 million

Explanation:

Franklin Construction

Construction costs incurred $54,000,000

Less total estimated costs ($44+$27) $69million

The anticipated loss $15 Million

Franklin will recognize anticipated gross loss of $15 million in the first year if it recognizes revenue over time according to percentage of completion method which is ($54 million contract price less total estimated costs of $69million)

7 0
3 years ago
Lila tells her friend Joanne that she will give her $10,000 toward the purchase of a new car. Lila later changes her mind, and J
vivado [14]

Answer:

"A" option is correct

Explanation:

In this case, the other party didn't agreed to the exchange of any commodity. Its one sided, which is not enforceable by law. Also for these 10,000 Joanne is exchanging nothing.

It would be enforceable if Lila wanted to give 10,000 to Joanne in exchange of some commodity or product. With out exchange from other party its not enforceable.  

6 0
3 years ago
Read 2 more answers
What three words would you use to describe the culture you would foster at your company? explain why you chose each word to repr
VashaNatasha [74]

Transparent, involved, & Empathetic

Transparent – The employees feel a sense of trust in a transparent culture, since they can express their thoughts.

Involved – in helps us employees who have the same shared interest since we are offered a lot of on the job learning and training programs

Empathetic – Our develops need to understand how the users are interacting with our software so can they can improve the product we are selling. When our managers recognize the concerns, they are most effective in that instance.


3 0
3 years ago
A 1-year gold futures contract is selling for $1,645. Spot gold prices are $1,592 and the 1-year risk-free rate is 3%. Based on
kodGreya [7K]

Answer:

A. Buy gold in the spot with borrowed money, and sell the futures contract.

Explanation:

A futures contract is an agreement to buy or sell an asset at a future date at an agreed-upon price while arbitrage is the simultaneous purchase and sale of identical goods or securities that are trading at disparate prices. There is opportunity for riskless profit in arbitrage because of the exploitation of price disparities.

Based on the above definitions, buying gold in the spot with borrowed money, and selling the futures contract since it is overpriced will yield positive riskless arbitrage profits.

7 0
3 years ago
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