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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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4. What are the main political and economic risks that ABB must deal with given that it has a strong focus on entering emerging

Yuki888 [10]

The main political and economic risks which ABB must deal with given that it has a strong focus on entering emerging economies is:

The stability of the national government

According to the given question, we are asked to state the main political and economic risks which ABB must deal with given that it has a strong focus on entering emerging economies.

As a result of this, we can see that when a company or an organisation wants to do business in a new and emerging economy in a county, the major political and economic risks which they have to consider is the stability of the national government so that their business would not be suddenly affected by government policies or wars.

Read more about national government here:

brainly.com/question/9261004

5 0

2 years ago

She negotiated a price of $21,900 and will trade in her old car for $2,350. She will put another $850 with it and borrow the rem

lisabon 2012 [21]

Answer:

The monthly payment will be $434

Explanation:

Price of New car = $21,900

Price of old car exchanged = $2,350

Cash Payment = $850

Amount of Loan = $21,900 - $2,350 - $850

Amount of Loan = A = $18,700

Rate of interest = r = 6% = 0.06 = 0.005 per month

Number of total periods = 12 x 4 = 48

P = $18500 / { [ ( 1 + 0.005 )^48 ] - 1 } / [ 0.005 ( 1 + 0.005)^48 ]

P = $18500 / [ 0.2704891611 / 0.006352446 ]

P = $18500 / 42.58

P = $434.47

6 0

3 years ago

During 2022, Oriole Company sold equipment with a book value of $158400 for proceeds of $191400. The company purchased new equip

kramer

Answer:

Cash Inflow of $191,400

Explanation:

There are three types of activities in the cash flow statement which are described below:

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

In the given case, the sale proceed of equipment is consider in the investing activity i.e $191,400

5 0

3 years ago

What are the different systems of management in buisnesas.

Komok [63]

Answer:

Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems, and project management solutions are available to small businesses for the smooth running of operations.

Explanation:

7 0

2 years ago

Paul began his speech as follows: They called Lou Gehrig the iron horse. The tireless worker played an astounding 2,130 consecut

kvv77 [185]

Answer:

The method of gaining attention that Paul use is relating the topic to the audience.

Explanation:

Paul here is trying to get attention of his audience through relating the topic to them in such way that they understand the topic in the est way possible. What Paul is doing here is kind of an analogy , where he is relating the tremendous feats( playing 2130 games , with 17 hand fractures) of Lou Gehrig to completing the school without any leave and scoring A grade, through this kind of analogy Paul would be able to relate the topic to every person in the audience.

4 0

3 years ago