Answer:
There should be strong internal controls implemented and segregation of duties in the finance department.
Explanation:
There is lack of internal controls present in the company which may lead to fraud or errors. The employees assigned to record the transaction are not recording all the cash receipts and are missing some of the cash receipts which can cause errors during reconciliation. The sub divisions of finance department must be segregated and there should be a supervisor who should be responsible to review all the work done by these departments.
Answer:
A) credibility
Explanation:
Credibility can be defined as the quality of being trusted and believed in.
The audience have been able to perceive the competence, trustworthiness and the dynamism of the speaker, and these are the criteria to judge credibility.
Answer:
The correct answer is E. respond quickly
Explanation:
Respond quickly is a great strategy to gain customers' fidelity.
Answer:
C. 120
Explanation:
The computation is shown below:
(L × K)
<u>Labor L Capital K Quantity of Output Q Total cost TC</u>
1 2 2 $40
2 4 8 $80
(2 × $20 + 4 × $10)
3 6 18 $120
(3 × $20 + 6 × $10)
4 8 32 $160
(4 × $20 + 8 × $10)
As we can see that if we considered 3 units of labor so the total cost is $120
Hence, the correct option is c.