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) 0.0618
Explanation:
Variance is given by:

Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.
The mean investment return is:

The variance is:

The variance of the returns on this investment is A) 0.0618.
Answer:
B and a good time for you
Explanation:
........
Remodel Inc can seek compensation. By entering a contract with Leslie, both parties are bound by certain rules. The contractor must have spent some money related to performing the job. Breaching the agreement impacts on Remodel, financially speaking. They can therefore seek compensation for any amount spent due to the award of the contract, like logistics costs incurred to fulfill the contract.
Answer: See explanation and attachment
Explanation:
a. What is the contribution margin for a room night under the normal pricing if only the hotel depreciation and hotel staff (excluding housekeeping) are assumed fixed for all occupancy levels?
Price = $180
Less: Variable Costs:
House keeping staff = $23
Utilities = $7
Amenities = $3
Total variable costs = $33
Contribution margin = $147
B. Determine the contribution margin for a room night under the proposed weekend pricing.
Price = $120
Less: Variable Costs:
House keeping staff = $23
Utilities = $7
Amenities = $3
Total variable costs = $33
Contribution margin = $87
C. Prepare a differential analysis showing the differential income for an average weekend between the existing (Alternative 1) and discount (Alternative 2) price plan.
Check attachment for solution
D. Should management accept the proposed weekend pricing plan? Explain.
No. From the calculation in C, there is reduction in income.