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Brums [2.3K]
4 years ago
10

Consider this scenario: After many years, an employee is promoted to a position that has an elevated level of trust with his man

agement. He started with the company in an entry-level position, and then moved from a supervisory to a managerial role. This role entails that the employee trains other employees and has a deep understanding of how the department functions. Which of the following actions should be taken in regard to this employee’s levels of access during the span of time he has worked for the company? A. Because this employee needs to train other employees, he should have the access granted in his previous roles.B. This employee should be granted access based on his current and past roles only after being formally reviewed for his effectiveness in the company. C. This employee should ask his manager to grant only the access that he would prefer to have. D. This employee should have prior access removed to ensure separation of duties and avoid future instances of security risk.
Business
1 answer:
Stels [109]4 years ago
4 0

Answer:

The correct answer is the option B: This employee should be granted access based on his current and past roles only after being formally reviewed for his effectiveness in the company.

Explanation:

To begin with, if the employee has past through several positions before then he must understand quite a bit how the company works in its whole and moreover that employee must be trusted due to the fact of the times that he was promoted and therefore that he must have granted access based on his current and past roles but only after being formally reviewed because of the fact of ensuring the effectiveness of the employee.

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M13-9 Inferring Financial Information Using the Current Ratio [LO 13-4] Mystic Laboratories reported total assets of $10,500,000
zaharov [31]

Answer: $6,410,000

Explanation:

The current ratio calculates the ability of a company to meet its short term liabilities.

A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.

Current ratio = current assets / current liabilities

Total assets = current assets + non current assets

$10,500,000 = current assets + $2,167,000

Current assets = $8,333,000

1.3 = $8,333,000 / current liabilities

Current liabilites = $6,410,000

I hope my answer helps you

7 0
3 years ago
On January 1, Boston Enterprises issues bonds that have a $2,200,000 par value, mature in 20 years, and pay 9% interest semiannu
Marina86 [1]

Answer:

1. How much interest will Boston pay (in cash) to the bondholders every six months?

semiannual coupon = $2,200,000 x 9% x 1/2 = $99,000

2. Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second interest payment on December 31.

a) January 1, 202x, bonds issued at par

Dr Cash 2,200,000

    Cr Bonds payable 2,200,000

b) June 30, 202x, first coupon payment

Dr Interest expense 99,000

    Cr Cash 99,000

c) December 31, 202x, second coupon payment

Dr Interest expense 99,000

    Cr Cash 99,000

3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 96 and (b) 104.

a) January 1, 202x, bonds issued at 96

Dr Cash 2,112,000

Dr Discount on bonds payable 88,000

    Cr Bonds payable 2,200,000

b) January 1, 202x, bonds issued at 104

Dr Cash 2,288,000

    Cr Bonds payable 2,200,000

    Cr Premium on bonds payable 88,000

3 0
3 years ago
How do you calculate net gdp
Svetlanka [38]

Answer:

you would calculated by total national income + sales taxes + depreciation + net foreign factor income total (just Google it)

5 0
4 years ago
As part of their annual evaluation, a violence prevention organization reported that their violence prevention program saved ove
Ivahew [28]

Answer:

D. Cost-effectiveness

Explanation:

The cost effectiveness refers to an output where it is produced in a good way without incurring a lot of money

Here in the given situation, it is mentioned that the organization i.e. violence prevention reported the violence prevention that they saved over one million dollars in term of year by preventing the 300 shooting per yer

So this situation represents the cost effectiveness

hence, the correct option is d.

6 0
3 years ago
Which of the following is not a source of funding
Snezhnost [94]

Answer:

Correct option is

C. Issue of bonus shares

By source of funds we mean that money is coming in the business. In the given question all of them are sources of funds except issue of bonus shares. The company issues bonus shares out of its own reserves and hence there is no money received by the company for such shares. Rest all being sale of fixed assets, issue of share capital and issue of shares for consideration other than cash are a part of sources of funds.

4 0
3 years ago
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