In a business world, segregation of duties is important to have a sound internal control. The employee handing cash/check collection is prohibited from updating its customer's subsidiary ledger and recording of transactions in the books. This will eliminate fraud and misappropriation of funds.
Answer:
a. Conduct regular development programs for employees
Explanation:
Answer:
$7,000 per year
Explanation:
Since Dori is over 50 years old, she can contribute up to $7,000 per year to her IRA or Roth IRA account. If she was a little younger, less than 50 years old, her maximum contribution would have been $6,000 per year.
The IRS sets the maximum contribution limits that anyone can contribute to an IRA account, and that limit was set for 2019 and continues to be valid.
Answer:
The correct option is D
Explanation:
When there are huge number of the small account balances, then the negative confirmation of the accounts receivable is practical or feasible which is issued by an auditor to the customers of client company and if the combination of the control as well as the inherent risk is low and the individuals who receives the confirmation requests which provide them sufficient consideration.
<span>Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are </span><span>complements in production; by-products. C</span>eteris Paribus<span> is a Latin phrase meaning "all other things remaining equal". It is commonly used in economics. </span>
