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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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The ________ statement of a business report provides a clear description of the situation that created the need for the report.
Blababa [14]

Answer:

Problem statement

Explanation:

Problem statement - it is referred to as the statement that given the clear and crystal information about the current situations. it is considered a good source of analyzing the real situations about the ongoing project.

This statement describes the current situations between the current and desired aim of the projects. it expressed the problem in two or three statements.

3 0
3 years ago
Intuitive decision making uses ____ to make decisions
rusak2 [61]

Answer:

Judgment.

Explanation:

Intuitive decision making uses ____ to make decisions. Judgment.

3 0
2 years ago
A company purchased a new delivery van at a cost of $44,000 on July 1. The delivery van is estimated to have a useful life of 5
Rainbow [258]

Answer:

$4080

Explanation:

Straight line method of depreciation is a method of calculating depreciation expense of an asset after years of usage.

Given;

Initial cost of asset = $44,000

Salvage value = $3,200

After five years the asset has depreciated by ($44000-$3200) i.e

$40800

Depreciable asset cost = $40,800 (after 5years)

To determine the depreciation amount recorded during the first year ending 31st December;

Since the van was purchased July 1 of that year, by December 31 of the same year, the van must have been used only for 6months i.e (0.5year)

Depreciation expense = year of usage/total useful life × depreciable cost of asset

Depreciation expense = 0.5/5×$40,800

Depreciation expense = $20,400/5

Depreciation expense = $4080

4 0
4 years ago
A team has been established to solve a problem with an industrial adhesive used by the firm. the three members are the installer
gregori [183]

<span>The answer is self-managed team. It is a group of people, usually workers in a company, who combine different expertise and capacities to work without the typical managerial supervision toward a shared purpose or goal. They are also called self-directed team or self-managed natural work team.</span>

3 0
3 years ago
How do UPCs (barcodes) help with inventory control?
Kay [80]

Answer: D. Companies can scan the codes to quickly enter data whenever products are received, moved, or shipped.

8 0
4 years ago
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