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2 years ago

Discuss which financial management practices are least effective in creating and monitoring an operating budget?

1 answer:

3 0

The financial management practices which are least effective in creating and monitoring an operating budget include top down/bottom up budgets, poor inventorying, lack of control, over control, and lack of staff investment.

In business, financial management includes the practice of making a business plan and then ensuring that all departments which falls under it stay on track and work properly.

Creating and monitoring an operating budget for the national government involves four distinct processes which are, budget preparation, budget authorization, budget execution and accountability.

Hence, the operating budget helps in keeping track of the income and expenses in an organization.

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Which of the following contracts would not be governed by the UCC? a. a contract for dentures b. a contract for the purchase of

Drupady [299]

Answer:A contract for debentures.

Explanation:UCC( uniform commercial code) is code system which governs commercial activities in the United States of America. It was established in the year 1957,this code has been adopted by all the States,the district of Columbia and all the territories of the United States of America. It is aimed at Ensuring harmony in practice of sales,contracts and other trade and commercial activities with the United States of America.

The contract for debentures are not governed by UCC.

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3 years ago

ssume you are the Chief Information Officer (CIO)1 of the company that you dream of (any company, real or hypothetical). Give a

MAVERICK [17]

Answer: External threats are almost always malicious, with data theft, vandalism, and disruption of services all possible goals. Internal threats can be equally vicious and may also include blackmail or other illicit activities. Internal threats, however, are not always malicious

Internal threats originate from within the organization. The primary contributors to internal threats are employees, contractors, or suppliers to whom work is outsourced. The major threats are frauds, misuse of information, and/or destruction of information.

Explanation: An internal threat refers to the risk of somebody from the inside of a company who could exploit a system in a way to cause damage or steal data.

Employee Sabotage and Theft. ...

Unauthorized Access by Employees.

Weak Cyber Security Measures and Unsafe Practices. ...

Accidental Loss or Disclosure of Data

The following are ways to prevent Internal and External Security Threats :

1. Access data vulnerabilities, Penetration testing tools can be adopted to check the vulnerabilities or weak areas in the software systems. ...

2. Calculate Risk Scores. ...

3. Train Your Workforce. ...

4.Remove excessive privileges. ...

5.Encrypt Data. ...

6. Embrace the cloud.

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3 years ago

The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the compa

slava [35]

The company is expressing its key corporate value with a slogan is the Ritz-Carlton using to express its corporate culture.

Explanation:

The fundamental beliefs about which your organisation and your actions are founded are corporation values, also recognised as corporate values or fundamental values.

They are the concepts that your company uses to control its internal investigations and customer interactions.

Your core values if established must be strong and uncompromising – a guideline instead of a suggestion. They might affect each aspect of your business, from benefits for employees and culture throughout the work environment to marketing techniques and customer support.

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3 years ago

3. Working with Numbers and Graphs Q3 Suppose that a small business sells 975 units of goods per month at $30 per unit. The unit

Salsk061 [2.6K]

Answer:

economic profit = $11225

Explanation:

given data

sells = 975 units

cost = $30 per unit

cost of producing goods = $15

implicit costs = $3,400

solution

total revenue = 975 × 30 = $29250

and total cost = 975 × 15 = $14625

so here Total profit will be as

Total profit = $29250 - $14625 = $14625

so here economic profit will be

economic profit = Total profit - implicit costs

economic profit = $14625 - $3,400

economic profit = $11225

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3 years ago

An entrepreneur who needs large amounts of capital to create and distribute a new invention would most likely visit

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Answer:

The answer is B. Investment banker.

Explanation:

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3 years ago