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Rina8888 [55]
3 years ago
13

There are three simple procedures that small business owners should do on a timely basis to prevent fraud when they can’t afford

sufficient employees to guarantee effective segregation of duties.. Which of the following is NOT one among them?
Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

Allow one key employee to operate the bank account personally.

Explanation: Allowing one key employee to operate the bank account personally is a major non compliance in management of business ventures. Two or more persons with TRUSTED INTEGRITY can be assigned especially if they are PERMANENT STAFF and in MANAGEMENT POSITIONS. This two factors will help to Prevent or reduce the chance of any Criminal or fraudulent activities.

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For each of the following, is it part of demand for yen or supply of yen in the foreign exchange market? a. A Japanese firm sell
Lorico [155]

Answer:

a. A Japanese firm sells its U.S. government securities to obtain funds to buy real estate in Japan.

This contributes to the demand for yen

b. A U.S. import company pays for glassware purchased from a small Japanese producer.

This contributes to the demand for yen

c. A U.S. farm cooperative receives payment from a Japanese importer of U.S. oranges.

This contributes to the supply of yen for foreign exchange

d. A U.S. pension fund uses some incoming contributions to buy equity shares of several Japanese companies through the Tokyo stock exchange.

This contributes to the demand for yen

Explanation:

3 0
2 years ago
The long-run Phillips curve: depicts the negative relationship between the unemployment rate and the inflation rate. explains ho
Daniel [21]

Answer: Suggests that policies have little effect on the natural rate of unemployment in the long run.

Explanation:

The Long Run Phillips Curve as you can see in the graph attached is a VERTICAL straight line. It suggests that policies can change inflation but will not have much of an impact on the rate of Unemployment as Unemployment will be at it's Natural Rate.

3 0
3 years ago
Charter Company, which uses the perpetual inventory method, purchases different letters for resale. Character had a beginning in
Gnesinka [82]

Answer:

Cost of Goods sold is $29

Explanation:

Under the perpetual LIFO or Last In First Out method of inventory valuation, we value the Cost of Goods Sold based on the price of the most recently purchased inventory before sale. Thus the units of closing inventory contains the inventory that was purchased first.

The cost of goods sold under LIFO will be,

Beginning Inventory (9* 3)   = 27

Feb purchases (4 * 5)           = 20

Oct sales (4 * 5 + 3 * 3)         = (29)

Dec purchases (5 * 6)           = 30

Ending Inventory                  = 48

So, the cost of goods sold under perpetual LIFO will comprise of the most recently purchased inventory before sale. The most recently purchased inventory before October sale was of February purchases. Thus, out of the 7 units sold, 4 will comprise of the February purchases and the remaining, 3 units, will be from the beginning inventory.

The cost of goods sold is,

COGS = 4 * 5 + 3 * 3

COGS = 29

8 0
2 years ago
A. Construct an amortization schedule for the $300,000 loan with a 2.2% interest rate compounded monthly. The loan will be paid
Gala2k [10]

Answer:

since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them

Explanation:

in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 153.1964438 = $1,958.27

we use the same formulas for the second question:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

  • PV = $300,000
  • annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 246.54977 = $1,216.79

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<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
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7 0
3 years ago
You will be paying $10,000 a year in tuition expenses at the end of the next 2 years. Bonds currently yield 8%. a. What is the p
irina [24]

For complete answer find complete 5 attachments

4 0
3 years ago
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