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AnnyKZ [126]
3 years ago
15

Summarize the internal control principle of establishing responsibility by completing the following sentence. Proper internal co

ntrol means that responsibility for a ____________ (task/shortage/sale) is clearly _________ (posted/established/compensated) and assigned to one person
-Task
-Established
Business
1 answer:
Greeley [361]3 years ago
7 0

Answer:

Task  / established

Explanation:

Internal control was created for a couple of reasons:

1. to ensure that there is no corrupt practices occurring from within the organization.

2. To ensure that every single employees are held accountable to the tasks that given to them

3. A way for managers to monitor the productivity rate of the team.

'Tasks' are a set of duties that the employees need to fulfill during the operation, If one employees fail to fulfill any of their tasks, it could become a hindrance for another employees.

The word 'Established' Indicated that the task is strongly structured by the higher ups and the employees have no right to change it without the permission from the higher ups.

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As one of the top managers at DropLabs, Henry ensures that all his employees are given the right to speak freely with their mana
Mice21 [21]

Answer:

The Common Good Ethics Approach.

Explanation:

It is been argued that the best society is been guided by the people's general will.This was postulated by a French philosopher by name Jean Jacques Rousseau who lived in the year 1712 to 1778.

This approach to Ethics empathizes respect and compassion for others,most especially those vulnerable.

The employers ability to voice out their grievances,suggestions and contributions to the daily running of the organisation coupled alongside the mangers compassion and respect for all individuals confirms to my first statement which says 'The best society is been guided by the people's will ' and that supports the common good Approach.

4 0
3 years ago
Read 2 more answers
quizlet When a borrower defaults on a mortgage, which one of the following statements does NOT apply? The property will be sold
ohaa [14]

power of sale clause

What is borrower defaults?

Any default under or breach of any such agreement or instrument is referred to as a borrower default. This includes any default or event of default as defined in any agreement or instrument evidencing, governing, or issued in connection with lender Indebtedness, including but not limited to the Credit Agreement. Any situation or event that, upon giving notice, passing of time, or both, would, unless corrected or waived, become a borrower event of default is referred to as a borrower default. If the borrower fails to pay back any advances when they are due or if legal action is taken to appoint a receiver, trustee, liquidator, or custodian of the borrower or of all or a major portion of it, a borrower default is said to have taken place.

Learn more about borrower defaults with the help of given link:-

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8 0
2 years ago
___________are funds that the bank keeps on hand that are not loaned out or invested in bonds. group of answer choices
Nadusha1986 [10]

Certificates of deposit exist as funds that the bank keeps on hand that exists not loaned out or invested in bonds.

<h3>What are certificates of deposits?</h3>

Unsecured negotiable promissory notes, or certificates of deposit (CDs), are frequently issued by commercial banks and other financial organizations.

A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.

Bonds and certificates of deposit (CDs) are comparable but not the same. Both of these securities are fixed-income investments that the holder keeps until the due dates. Investors invest money in bonds or CDs for a predetermined amount of time, and when that time expires, they receive their money back.

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5 0
1 year ago
Which of the following generates revenue for Google?
bekas [8.4K]

Answer:

A

Explanation:

0 0
3 years ago
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Which of these is NOT a barrier to trade?
Anton [14]

Answer:

All the options are correct

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2 years ago
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