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3 years ago

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

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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Hunter-Best [27]

Answer:

Hold harmless.

Explanation:

It defines hold harmless as follows: To absolve (another party) from any responsibility for damage or other liability arising from the transaction.

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3 years ago

What types of experiences, especially staffingrelated ones, will an organ ization be likely to have if it does not engage in hr

Reika [66]

There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows

1. Employees in shortage capacity

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4. Inflexible working environment

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These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning

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1 year ago

TB MC Qu. 1-150 Haack Inc. is a merchandising company ... Haack Inc. is a merchandising company. Last month the company's cost o

Sever21 [200]

Answer:

$87,200

Explanation:

The computation of the total amount of merchandise purchase is shown below:

As we know that

Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory

$69,400 = $11,600 + purchase of merchandise - $29,400

$69,400 = -$17,800 + purchase of merchandise

So, purchase value of merchandise is

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3 years ago

Interest Practice<br> How much would x dollars earn in 1 year at a rate of 4.4% compounded annually?

shusha [124]

Answer:

x1.044 - x

Explanation:

The formula for calculating compound interest is as below

FV = PV × (1+r)^n

where FV = Future Value

PV = Present Value

r = annual interest rate

n = number of periods

How much would x dollars earn in 1 year at a rate of 4.4% compounded annually?

In this case, PV =X, r =4.4% and n=1

FV = x x ( 1+4.4/100)^1

Fv = x x( 1.044)^1

Fv = x1.044

x dollars will earn x1.044 - x

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2 years ago

Edith Carolina is president of the Deed Corporation. The company is decentralized, and leaves investment decisions up to the dis

Softa [21]

Answer:

Check the explanation

Explanation:

In this case option A is the correct option, i.e. Carolina will accept the new cosmetic line but Sanders will reject the new cosmetic line. This is because Carolina being the president of Deed Corporation would like to take the cosmetic line differently and with the expected rate of return of 12%, i.e. higher than the minimum required rate of return of 8%.

However, Sanders has achieved a 14% rate of return from his cosmetic division thus, being the manger he would not like his performance to go down with 12% return from the new cosmetic line. Thus, option A is the correct option.

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3 years ago