Answer:
C. sanctioning financial transactions in advance in the future
Explanation:
Sanctioning a financial transaction means approving or authorizing a transaction to be executed. Requiring approval for financial transactions is one of the measures of internal control. Employees are required to seek approval from management or authorities before proceeding with transactions.
Richard should demand that he sanctions all transactions in advance. Through this measure, he will get details and explanations of financial transactions before they happen.
Answer:
C. price stability
Explanation:
The Fed fosters price stability by regulating inflation in the economy. By attaining price stability, the Fed achieves its objectives of maximum sustainable growth and low level of unemployment. The Fed uses monetary tools such as the fed fund rate and the discount rate to control inflation and by extension prices.
A high rate of inflation implies the prices of goods and services is rising. At inflation, the purchasing power of a currency is eroded. The aggregate demand, therefore, decreases, which results in production cuts. The Fed controls inflation to maintain a stable currency value. Unstable prices bring uncertainty in the markets. Producers may hold back due to the high risk involved in producing with fluctuating prices.
Answer:
by completely cleaning up the land and paying for damages
Explanation:
The way that mining companies accomplish this is by completely cleaning up the land and paying for damages. These damages include anything that was destroyed in order for the mining to take place, including buildings, houses, parks, etc. This money goes to the city or individuals in charge of the land which they can use to rebuild on top of the clean land and shape it as they see fit. This entire process is usually known as land reclamation.
Answer: The answer is as follows:
Explanation:
The correct entry for the transaction is:
Cash A/c......................Dr. 180
Accounts Receivable A/c..............Dr. 680
To Unearned service Revenue A/c..................Cr. 860
( Corrected the erroneously debited Cash for $680 and credit Accounts Receivable for $680)
Answer:
True
Explanation:
A customer relationship management (CRM) process combines activities, strategies and new technologies to manage customer relationships. Their purpose is to improve customer service, increase sales and reduce customer churn. Supply chain partners are important to CRM because bad supply chain management will result in a negative buying experience. E.g. you purchase a TV online, but have to wait two weeks for it to be delivered.
The supplier relationship management (SRM) process tries to maximize suppliers' contributions to the success of our company. By improving suppliers' performance, our company is able to reduce production and distribution times, and costs.
