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Gnesinka [82]
3 years ago
6

Elena works in the audit department of a practice as an audit administrator. She assists the audit teams by recording and proces

sing audit evidence collected by her colleagues on audit assignments. As she is not one of the operational members of the audit team, she finds it quite difficult to get close to her senior colleagues who sometimes treat her as an ‘outsider’, and often fail to interact with her socially.
During a quiet period at work, Elena spends a few hours using the internet to browse job vacancies. She then submits her résumé to a number of prospective employers.

Extract of résumé:

..........        Current post and responsibilities:

Part of an external audit team, undertaking audit assignments as part of an audit team, collecting and analysing audit evidence.

..........        Reasons for leaving:



To gain more responsibility and to be better rewarded. I would also prefer to work with people who are more friendly and sociable than the people I currently work with.

What do you think about this?​
Business
1 answer:
EleoNora [17]3 years ago
4 0

Explanation:

I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

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government regulation is the most important factor. B) commodity money, because it is valued more highly, tends to drive out pap
Alex73 [517]

Answer:

The question is not complete.

Here is the complete question:

In explaining the evolution of money, the text claims that

A) government regulation is the most important factor.

B) commodity money, because it is valued more highly, tends to drive out paper money.

C) new forms of money evolve to lower transaction costs.

D) all of the above are true.

Here is the answer:

C.new forms of money evolve to lower transaction costs.

Explanation:

Before the advert of money, transactions between individuals were based on exchange goods for goods, a system called trade by barter. The system of trade by barter permits individual who has a particular good but desire another to exchange the goods he has with another person who has the goods he desires.

However, this system has a major flaw: transaction costs were higher.

The system of trade by barter only works if the two people involved has complimentary possession of goods that the other wants and be able to locate each other. With this high transaction costs, exchange of goods was difficult to carry out.

On this background, money evolve to lower this transaction costs and make exchange of goods possible without the need to have what another person wants and the trouble of finding where they are.

4 0
2 years ago
Read 2 more answers
A(n) ________ bank is an institution, such as Credit Suisse First Boston, that acts as an underwriter or agent for a firm engage
Orlov [11]

Answer:

Public bank

Explanation:

A public bank is a bank, or a financial institution where a state, municipality would be the owners also it is an entrerprise that are controlled by the government

So as per the given situation the given boston would be acted as an underwriter and engaged in the initial public offering so this represent the public bank

hence, the same would be relevant

8 0
3 years ago
As the manager of a golf resort, you want to increase the number of tee times sold by 10%. Your staff economist (and junior cadd
Alex73 [517]

Answer:

The price of tee-time should be reduced by 6.67%.

Explanation:

The price elasticity of demand for tee times is –1.5.  

The manager wants to increase the number of tee times sold by 10%.  

The price elasticity of demand shows the change in quantity demanded due to a change in the price level. It is the ratio of the percentage change in quantity demanded and percentage change in price.  

Price elasticity = \frac{\% \Delta Q}{\% \Delta P}

- 1.5 = \frac{10 \%}{\% \Delta P}

\% \Delta P = \frac{10}{- 1.5}

\% \Delta P = - 6.67 \%

7 0
2 years ago
Phillips Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growt
mr_godi [17]

Answer:

$69.47

Explanation:

D1 = ($1.45*1.20) = $1.7

D2 = ($1.7*1.20) = $2.04

D3 = ($2.04*1.20) = $2.45

Value after year 3 = (D3*Growth Rate) / (Required rate-Growth Rate)

Value after year 3 = ($2.45*1.08) / 0.11-0.08

Value after year 3 = $2.646 / 0.03

Value after year 3 = $88.20

Current share price = Future dividend and value*Present value of discounting factor(rate%,time)

Current share price = $1.7/1.11 + $2.04/(1.11)^2 + $2.45/(1.11)^3 + $88.20/(1.11)^3

Current share price = $1.5315315 + $1.65571 + $1.7914189 + $64.49107

Current share price = $69.4697304

Current share price = $69.47

8 0
2 years ago
Starbucks' efforts to expand its distribution beyond traditional outlets, including other restaurant chains, hotels, airlines, u
sweet-ann [11.9K]

Answer: False

Explanation:

Starbucks efforts to expand have yielded fruit as it is now more accessible to its ever increasing customer base which is as a result of the brand's recognition and reputation.

They are now more successful as a result and this is proven by the fact that Starbucks revenue has been rising since 2013 from around $14 billion to $26.5 billion in 2019.

8 0
2 years ago
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