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3 years ago

In a properly designed internal accounting control system, the same employee should not be permitted to:

1 answer:

8 0

In a business world, segregation of duties is important to have a sound internal control. The employee handing cash/check collection is prohibited from updating its customer's subsidiary ledger and recording of transactions in the books. This will eliminate fraud and misappropriation of funds.

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Me and my friend started a babysitting business in June. and so far we only got one job. Are we doing anything wrong? do people

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Maybe they need to gain more trust

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3 years ago

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A Chinese restaurant buys 100 cups of rice for a total of $10; they buy soy, fish and oyster sauces for a total of $20; they buy

UNO [17]

Answer: $252

Explanation:

GDP is calculated by summing up the value of final goods and services in a country within a period. This means that intermediate values are not included and this is done to avoid double counting.

The GDP contribution here therefore will be the value of the meals created;

= 50 * 5.04

= $252

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3 years ago

According to a 2000 public opinion poll, 69 percent of americans who responded were most proud of the nation’s

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According to a 2000 public-opinion poll, 69 percent of Americans who responded were most proud of the nation's equal opportunity laws.

An equal opportunities policy should: make clear your organization’s commitment to equal opportunities, non-discriminatory procedures and practices. list all the forms of discrimination covered by the policy, ie age, gender, race, religion or belief, sexual orientation, disability or pay rate.

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3 years ago

Most service-quality experts say that _______ is the most critical element in building a customer-oriented company.

Westkost [7]

Most service-quality experts say that hiring is the most critical element in building a customer-oriented company. Acquiring, developing, and retaining the right talent helps business create the organizational capability (ability of the organization) and intellectual capital driving their strategy execution.

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3 years ago

GDP: Is It Counted and Where? For each of the following items, write one of the following in the space provided: C if the item i

Salsk061 [2.6K]

Answer:

Check the following solutions.

Explanation:

(1) C

Money spent for movie ticket is personal consumption.

(2) I

Purchase of new residential house is included in GDP under fixed residential investment.

(3) NC

Purchase of used good is not counted (to avoid double counting).

(4) C

Money spent for suit is personal consumption.

(5) G

Defense spending is included in government purchase of goods and services.

(6) NC

Social security, being a transfer payment, is excluded from GDP.

(7) NC

Purchase of stocks is excluded from GDP.

(8) I

Unintended inventory is included under Gross private domestic investment.

(9) NC

Unpaid services are excluded from GDP since market value cannot be precisely computed.

(10) I

The robots are physical capital for Ford's business.

(11) C

Rental payment is personal consumption.

(12) I

Building new factory is fixed non-residential business investment.

(13) NC

Transfer of corporate ownership is excluded from GDP.

(14) NX

Purchase of Japanese car is an Import, included under NX.

(15) C

Tuition payment is personal consumption.

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3 years ago