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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: 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

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The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager

irakobra [83]

Answer:

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

X=70 LBS. OF $12 CASHEWS IS USED.
105-70=35 LBS. OF $6 TRAIL MIX IS USED.

PROOF:

12*70+6*35=105*10

840+210=1050

1050=1050

3 0

3 years ago

The plaintiff is a State A corporation that entered into a contract with the defendant under which the defendant agreed to manuf

Kruka [31]

Answer: No, because all of the defendant's facilities and offices are in State A.

Explanation:

Following the information given in the question, a federal district court cannot have subject matter jurisdiction over the plaintiff's action.

In this case, there's no subject matter jurisdiction by the court as theres subject matter jurisdiction when there is full diversity of citizenship, and the amount of controversy is more tha $75,000.

3 0

3 years ago

American Exploration, Inc., a natural gas producer, is trying to decide whether to revise its target capital structure. Curren

Marat540 [252]

Answer:

a) 9.00 %

b) 7.80 %

c) yes the weight of the debt increases here is more risk in the investment as the debt payment are mandatory and failing to do so result in bankruptcy while the stock can wait to receive dividends if the income statement are good enough

d) 9.00 %

e) The increase in debt may lñead to an increase in return of the stockholders if they consider the stock riskier than before and will raise their return until the WACC equalize at the initial point beforethe trade-off occurs

Explanation:

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

Ke 0.12

Equity weight 0.5

Kd(1-t) = after tax cost of debt = 0.06

Debt Weight = 0.5

$WACC = 0.12(0.5) + 0.06(0.5)$

WACC 9.00000%

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

Ke 0.12

Equity weight 0.3

Kd(1-t) = after tax cost of debt = 0.06

Debt Weight 0.7

$WACC = 0.12(0.3) + 0.06(0.7)$

WACC 7.80000%

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

Ke 0.16

Equity weight 0.3

Kd(1-t) = after tax cost of debt = 0.06

Debt Weight 0.7

$WACC = 0.16(0.3) + 0.06(0.7)$

WACC 9.00000%

3 0

3 years ago

What is the term used to describe an organization in which positions are awarded based on one's ability and skill?

kykrilka [37]

The term you're looking for is meritocracy.

7 0

3 years ago

Planning is often called the primary management function because _____________.

lesantik [10]

Planning is often called the primary management function because,

a. it establishes the basis for all the other things managers do

-Mabel <3

4 0

3 years ago