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1 year ago

Cash is difficult to protect because it is easy to transfer and its ownership difficult to prove. These statements are?.

1 answer:

4 0

The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.

<h3>What are financial statement audits mostly focused on?</h3>

In a financial statement audit, the auditor is able to determine with a reasonable degree of assurance whether there are no major misstatements in the financial statements.
Cash can easily stolen or misplaced. As a result, it's critical to put internal controls in place to protect these assets and ensure that only authorized individuals have access to them.
A fundamental internal control process is to deposit all cash receipts in the bank as soon as possible. Cash receipts are frequently deposited by businesses each day.
The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.

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The ability for a manager to think in abstract terms while envisioning the "big picture" falls into the category of _____, deeme

Juli2301 [7.4K]

Answer:

Conceptual skills

Explanation:

Conceptual skills are the types of skill that an individual posses, allowing the individual to understand complex situation and finally develop a suitable solution for the problem.

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3 years ago

Andrew had a fire in his house that destroyed his big screen TV. He bought it 2 years ago and, according to the insurance compan

Crazy boy [7]

Answer:

$1,200

Explanation:

Actual Cash Value defined either as i) the fair market value of the item, or ii) the Replacement Cost of the item minus depreciation based upon the age of the item that was damaged.

Replacement cost = $2,000

Depreciation= 3 years remaining of it's life = 3/5 × 100 = 60%

Actual cash value = $2,000 × 60% = $1,200.

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3 years ago

Read 2 more answers

Emma's property is assessed at $650,000. her property qualified for a $50,000 homestead tax exemption and was appraised at $800,

Rama09 [41]

Emma's taxable property value should be $600,000 since her taxes will be based on the assessment not the appraisal and also because she gets the $50,000 tax reduction so therefore to reiterate she will be taxed on only the $600,000.

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3 years ago

If the economy is experiencing an inflationary gap, the Fed should conduct ______ monetary policy to ______ aggregate demand.

Romashka [77]

The answer is Contractionary and Decrease

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3 years ago

Which are the first steps you should consider when constructing an online business strategy.

Nat2105 [25]

The first steps you should consider when constructing an online business strategy are: create goals and identify a USP.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

Organizational (Corporate) strategy.
Business (Competitive) strategy.
Functional strategy.
Operating strategy.

In Business management, the first steps you should consider when constructing an online business strategy are:

Create goals

Identify a unique selling proposition (USP).

Read more on business strategy here: brainly.com/question/17130109

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Complete Question:

Which are the first steps you should consider when constructing an online business strategy?

Create goals and identify a USP

Understand the target audience

Change your mission statement to match the goals

Define and segment your audiences

5 0

2 years ago