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Definition of unemployment insurance fund.
Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.
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Answer:
Conservation
Explanation:
Conservation is the practice of protecting wildlife and other natural resources from waste, loss, injury, degradation, and exploitation through prudent management. It entails sustaining biodiversity of species, genes, and maintaining a sustainable eco-system.
There are 4 major types of conservation.
i. Environmental conservation.
II. Animal conservation
III. Human Conservation
iv. Marine conservation
The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.
<h3>Give a brief account on segregation of duties.</h3>
The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.
A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.
The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.
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Answer:
B. the bond demand curve shifts to the left, the bond supply curve shifts to the right, and the equilibrium interest rate usually rises.
Explanation:
In this case:
- The supply increases, curve shifts to the right.
- The demand increases, curve shifts to the left
- Both the above shifts cause the price of bonds to decrease
- The above changes cause interest rate to increase
In this way, the quantity of bonds increase
The three types of companies that populate and compete in the global marketplace are (1) international firms; (2) multinational firms; and (3) <u>transnational</u> firms.
<u>Explanation:</u>
An international corporation, also known as a global corporation, is derived from the generic word global, meaning worldwide. As an enhancement of the marketing strategy in their home country, a foreign company participates in trade and marketing in various countries and called as international firms.
A multinational company views the world uniquely as composed of unique parts and markets to each component. A transnational organization looks at the world as a single market and recognizes cultural connections across countries or common consumer needs, and seeks more than disparities.
