Answer:
C. authorization, payment, and recording.
Explanation:
This is on the principle of segregation of duties as a measure of internal controls. This principle requires that duties are properly separated to ensure that the risk of misstatement and misrepresentations due to fraud or error are mitigated.
For a good system of internal control for which the principle of segregation of duties is applied, one person should not be allowed to initiate, authorize, pay and record transactions. This is to ensure that errors or acts of fraud made by one party involved in the process is prevent, or detected by another and is corrected.
As such, the right option is C. authorization, payment, and recording.
Answer:
a. A single grocery store is the only source of food in a small town, giving the store the ability to influence the price of food. - the source of market failure here is the fact that the grocery store is a monopoly. Because it is a monopoly, it has the market power to charge prices higher than in a free market, and to supply quantities lower than in a free market.
b. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream. - the source of the market failure here is pollution, a negative externality, because the dumping of chemical waste from the plant is affecting the people of the small town downstream.
Answer:
The answer is D. problem-solution.
This is mainly because often, the main "problem" any firm has is that the media options they chose do not attract the potential customers or the market sector that they want. So identify specific problems of each client and addressing them separately in a unique way it the best way.
C) <span>Net Pay is how much you've made during a pay period, YTD Net Pay is how you've made this year.
YTD means Year-to-date, and is your total net earnings so far in that year. </span>
