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hichkok12 [17]
2 years ago
6

Good recordkeeping helps protect assets and helps managers? apply technological controls establish responsibilities monitor comp

any activities divide responsibility
Business
1 answer:
coldgirl [10]2 years ago
7 0

Good recordkeeping helps protect assets and helps managers <u>monitor company activities.</u>

<u></u>

<u></u>

<u></u>

What are the benefits of good recordkeeping?

  • Good records will help you do the following:
  1. Monitor the progress of your business.
  2. Prepare your financial statements.
  3. Identify sources of your income.
  4. Keep track of your deductible expenses.
  5. Keep track of your basis in property.
  6. Prepare your tax returns.
  7. Support items reported on your tax returns.
  8. Save time and costs
  9. Prevent loopholes and oversight
  10. Prevent fraud or theft
  11. Comply with laws
  12. Make business decisions
  • Different countries have different regulations depending on the local laws stipulated by the government.
  • It is important for you to do substantive research and ensure that your company’s current record keeping system is compliant with the country regulatory requirements.

To know more about good recordkeeping, refer:

brainly.com/question/11145292

#SPJ4

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Buscorp wants to introduce a new procedure for processing customer requests. if this change will require employees to break old
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FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving
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The proposed response of Adam Smith based on each scenario is given below:

<h3>Scenario 1</h3>

He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.

<h3>Scenario 2</h3>

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<h3>Scenario 3</h3>

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<h3>Scenario 4</h3>

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<h3>Who is Adam Smith?</h3>

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Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.

Read more about Adam Smith here:

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8 0
2 years ago
Gareth's Grill, a global fast-food chain, does not offer beef burgers in India, while it offers only kosher foods in Israel. The
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Answer:

cultural variables

Explanation:

Based on the scenario being described within the question it can be said that the company is taking into account cultural variables. This refers to the different behaviors, outlooks, values and beliefs between people from different societies that make them unique. In this case selling different foods in different locations in order to compensate for the differences in beliefs is taking into account the cultural variables.

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Which of the following is a reason for involving in decision making the people who are going to be affected by its results?The d
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They will be more accepting of losses and failures if they are involved from the start.

Answer: Option D

<u>Explanation:</u>

Decision Making is the process where certain alternatives are set by the people who are involved in making a decision about achieving or reaching at a particular thing.

The people who are going to be affected by the result, it is very important to involve them in making the decisions so that if any failure or loss occurs during the working, the people accept it. If they are not involved in the process, they might not take the result very positively.

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