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scZoUnD [109]
2 years ago
12

a systematic and independent examination of project procedures, documentation, spending, statutory compliance, and reporting is

known as which one of the following?
Business
1 answer:
7nadin3 [17]2 years ago
7 0

Answer:

Audit

<h3>What is an audit defined as?</h3>
  • Auditing is defined as the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance with requirements.
  • An audit can apply to an entire organization or might be specific to a function, process, or production step.

To learn more about it, refer

to brainly.com/question/28168942

#SPJ4

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Discuss how the need for control over foreign operations varies with firms’ strategies and core competencies. What are the impli
mart [117]

Answer:

- The core competence of a firm’s competitive advantage is based on control over proprietary technological and innovation know-how, licensing and joint venture arrangements should be avoided when necessary so as to avoid and minimize the risk of losing control over that technology. For firms with a competitive advantage based on management effectiveness, the risk of losing control over the management skills to franchisees or joint venture partners is not that welcomed or encouraged. However, many service firms favor a combination of franchising and subsidiaries to control the franchises within particular countries or regions. The subsidiaries may be wholly owned or joint ventures, but most service firms have believed that joint ventures with local partners works best for controlling subsidiaries.

6 0
3 years ago
Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 7.00% and a yield to
spin [16.1K]

Answer:

The difference between two WACC is 1.2%.

Explanation:

As we know that

WACC = Ke * Ve / (Ve + Vd (1-Tax))    +   Kd * Vd*(1-tax) / (Ve + Vd*(1-Tax))

Using the Book Value Method:

WACC =             14% *$65 / ($65m + $45m (1-40%))

                    + 6% *$45m*(1-.4) / ($65m + $45m (1-40%))

WACC = 10%  + 1.8% = 11.8%

<u>Using the market value method:</u>

Market Value of Common Stock = Common Shares * Market value per share

Market Value of Common Stock = 10 million * $22.5 per share = $225m

WACC =             14% *$225 / ($225m + $50m (1-40%))

                    + 6% *$50m*(1-.4) / ($225m + $50m (1-40%))

WACC = 12.35%  + 0.7% = 13%

The difference between two WACC is 1.2%.

4 0
4 years ago
Timmy can edit 2 pages in one minute and he can type 80 words in one minute. Olivia can edit 1 page in one minute and she can ty
RUDIKE [14]

Answer:

True

Explanation:

A person has comparative advantage in production if he produces at a lower opportunity cost when compared with other people.

A person has absolute advantage in the production of a good or service If he produces more quantity of the good when compared with other people

To calculate comparative advantage, first find the opportunity cost:

Opportunity cost of timmy editing = 80/2=40 words

Opportunity cost of timmy typing = 2 / 80 = 0.025

Opportunity cost of oliva editing = 100/1= 100

Opportunity cost of oliva typing = 1/100=0.01

Olivia has a comparative advantage in typing while timmy has a comparative advantage in editing.

Olivia types more words than timmy, therefore she has an absolute advantage in typing.

Timmy edits more pages than oliva, Therefore, he has am absolute advantage in editing.

I hope my answer helps you

7 0
3 years ago
Excellent Printers has contracts to complete weekly supplements required by forty-six customers. For the year 2018, manufacturin
Lady bird [3.3K]

Answer:

B. Money Managers is grossly under billed for the job, while other jobs will be unfairly over billed

Explanation:

The single overhead rate would be $ 0.07 per page

Overhead Rate = $ 840,000/ 12 million pages = 0.07 per page.

The other rates  are

design changes  rate = $ 120,000/300= $ 400 per design

Inspections rate = $ 80,000/8000= $ 10 per inspection

Setups  rate = $ 640,000/5000= $ 128 per setup  

Money managers will be under billed for the job as the overhead rates for other costs are higher than the single overhead rate which is $ 0.07 per page.

And if other overhead rates are used other jobs will be over billed.

Using a single overhead rate for 60,000 pages for Money Managers would mean 60,000 * $ 0.07 = $ 4200

Where as if the same job is billed using other overhead rates it would cost

Money Managers   $ 6860 = $ 4000 + $ 2560 + $ 300

Design = $400 * 10 = $ 4000

Setups = $ 128 * 20 = $ 2560

Inspections $ 10 * 30 = $ 300

So it is under billed and other jobs over billed.

4 0
3 years ago
The Fisher effect states that Group of answer choices any forward premium or discount is equal to the actual change in the excha
attashe74 [19]

Answer:

the nominal interest rate differential reflects the expected change in the exchange rate.

Explanation:

The Fisher Effect was developed by Irving Fisher and is shows the relationship between real interest rates, nominal interest rates and inflation.

Fisher's theory states that real interest rate = nominal interest rate - inflation rate.

The International Fisher Effect describes the relationship between two different currencies and how they are proportionally affected by changes in their exchange rate.

7 0
3 years ago
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