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poizon [28]
3 years ago
14

Company policy for internal control should include all of the following except

Business
1 answer:
maks197457 [2]3 years ago
6 0
The policy that shouldn't been included for company's internal control is: <span> Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks.
Bank statements should always be handled by A DIFFERENT EMPLOYEES from the one that handles payment and writes checks.  If two of them handled by one person, we shouldn't be able to detect if that employee is conducting a fraud</span>
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A young couple is planning for the education of their two children. They plan to invest the same amount of money at the end of e
laila [671]

Answer:

The couple must save $ 6,598 each year

Explanation:

Calculating the payment amount:

Cost per year = $25,000 per each child

Cost for 4 years = $25,000 × 4 = $100,000

For the oldest child, the college will begin in 16 years and the second child the college will begin in 18 years.

Calculating the amount to be deposited each year for the oldest child.

Using Microsoft Excel PMT function  

Rate = 8%

N = 16

PV = 0

FV = -100000

= $3,298

Therefore, they must deposit $3,298 each year for their oldest child.

Calculating the amount to be deposited each year for the second child:

Using Microsoft Excel PMT function  

Rate = 8%

N = 18

PV = 0

FV = -100000

= $2,670

Therefore, they must deposit $2,670 each year for their second child.

Total sum to be saved per year = $3,298 + $2,670 = $6,598

6 0
3 years ago
If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the ven
azamat

If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under boycotting.

  • Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act.
  • These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.
  • Price fixing is an antitrust offense per se.
  • Usually, but not always, real estate brokers charge for their services as a percentage of the sales price, or "commission."
  • In addition, they often give a publicly disclosed portion of that commission to a broker who brings in a customer.

What is an antitrust violation central element?

The main components of an antitrust violation are a contract, a conspiracy between or among competitors to unreasonably impede commerce, or a combination of these, even though antitrust can and does take several forms in real estate.

Learn more about an antitrust violation central element brainly.com/question/576726

#SPJ4

8 0
1 year ago
Direct strategies of power are used when: A. one is an expert or has more knowledge. B. one is a novice or has less knowledge. C
ziro4ka [17]

Answer:

(A) one is an expert or has more knowledge.

Explanation:

Power is an individual's ability to influence others and do what the individuals wants as well as persons ability to resit the influence attempts of others.

3 0
3 years ago
Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid
Ugo [173]

Answer:

the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

Explanation:

The calculation of the estimated price of the stock in 5 years is given below:

= 5th Year dividend ÷ (Required return - Growth Rate)

Dividend at year 5 should be

=Dividend at year 0 × (1 + Growth Rate)^5          

= $8.69 × (1.061)^5 ÷ (0.11.5 - 0.061)

= $216.38

Hence, the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

4 0
3 years ago
Grant Corporation is looking to purchase a building costing $900,000 by paying $300,000 cash on the purchase date, and agreeing
Kazeer [188]

Answer:

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8 0
3 years ago
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