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6 months ago

a segregation of duties among employees always eliminates the possibility of collusion. group of answer choices true false

Business

1 answer:

ozzi6 months ago

7 0

Dividing tasks between employees always eliminates the possibility of collusion, but this is wrong.

Segregation of duties is important for effective internal control because it reduces the risk of errors or improper conduct. Preventing collusion helps fight fraud.

Separation of duties is an important practice to reduce the occurrence of errors and fraud by ensuring that employees do not have the opportunity to commit or conceal errors or fraud in the performance of their duties. That is internal control.

Separation of duties reduces the risk of fraud or misconduct as each affected employee has access controls and restrictions in place. Task division is delegating different steps of the process to different people to delegate important functions.

To learn more about collusion

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Net working capital increases when: Multiple Choice inventory is sold at cost. fixed assets are purchased for cash. inventory is

sashaice [31]

Answer:

d. inventory is sold at a profit

Explanation:

Net working capital increases when <u>inventory is sold at a profit</u>

Net working capital = Current Assets - Current Liabilities . Cash, Inventory and receivables are part of current assets

Hence, when inventory is sold at profit, cash received is more than decrease in inventory and hence, current asset increase and hence, working capital increases. When it is sold at cost, it remains the same. Purchase of inventory on credit will lead to same amount increase in current assets and current liabilities. Payment by customer will lead to increase in cash and decrease in accounts receivable, Hence, no impact

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1 year ago

Which of the following can increase your credit card’s APR

poizon [28]

Paying off the full balance.

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2 years ago

Suppose that you go to a bank at which you have no account, give the bank cash, and in return obtain a check drawn against that

igomit [66]

Answer:

Cashier's check.

Explanation:

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2 years ago

When direct labor employees contribute to the production process, the cost of their labor is recorded by debiting: O Wages Expen

lutik1710 [3]

Answer:

The correct answer is letter "C": Work in Process Inventory.

Explanation:

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2 years ago

The M-N plant manufactures two different products: M and N. Selling prices and weekly market demands are shown in the following

tamaranim1 [39]

The answers to the question are:

The machine that is the constraint is the machine c.
The product m = 80 units and n = 80 units
Net profit = $3600

<h3>1. How to solve for the constraint of the machine</h3>

We have to solve for the workload of the machines

For A. 20*100 = 2000

For B, 5 * 100 + 10 *80

= 500 + 800 = 1300

For Machine C = 15 * 100 + 15 * 80

= 1500 + 1200

= 2700

The time at the workstation in c is more than the constant time of 2400, hence the constraint that we have is machine c.

b. 2400- 1200 = 1200

The product mix would be 1200/15

= 80

Hence the product mix m = 80 units and that of n = 80 units

<h3>c. The total net profit</h3>

80*$90 = 7200 , 80 * 105 = 8400

7200 + 8400

= 15600

The net profit = 15600 - 12000

= $3600