Administrative controls formalize standards, rules, procedures, and control disciplines to ensure that the organization's general and application controls are properly executed and enforced.
Administrative controls are the controls which are a type of hazard control. They are used in order to improve safety within the workplace by putting policies and rules in place which reduces the occupational risk faced by workers by altering the way in which their work is performed.
Administrative controls include implementation of policies, rules, and schedules which support safety as well as the setting of safe operating procedures and standards.
It includes different training criteria, housekeeping duties, and maintenance practices in order to reduce exposure to different hazardous substances and dangerous tasks.
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Answer: Account manager
Explanation: The account manager is that salesman of a company who is responsible for managing sales and relationship with particular customers of the company. The account manager is assigned accounts of customers of which he has to maintain relationships with.
The main focus of account manager is to manage sales with customers and identify new business opportunities if any.
Thus, Account manager is the right answer for the given case.
Answer:
- 41.67%
Explanation:
For computing the rate of return first we have to compute the initial investment which is shown below:
= Number of shares × per share × initial margin percentage
= 300 shares × $60 per share × 60%
= $10,800
Now Loss on sale of common stock is
= (Selling price - purchase price) × number of shares purchased
= ($45 - $60 ) × 300 shares
= - $4,500
So the rate of return will be:
= Loss ÷ Initial Investment
= - $4,500 ÷ $10,800
= - 41.67%
The correct answer is A.
Keeping financial records. The purpose of managerial accounting is different with the purpose of financial accounting whereby managerial accounting assists in decisions of the internal management for the firm. In accounting, we have an equation which states that liabilities plus owners equity is equal to the asset.
You need to calculate the present value. Present value = future value (1+r)^-n; 180,000(1.09)^-4 = 127,516.538; 127516.538/4 = 31879.13