Answer:
Audit
Explanation:
Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.
External auditors come in from outside the organization to examine accounting and financial records and provide an independent opinion on these records. Law requires that all public companies have their financial statements externally audited.
Internal auditors work for the organization as internal employees to examine records and help improve internal processes such as operations, internal controls, risk management, and governance.
Answer: define the organization's purpose in society.
Explanation: In simple words, it refers to a short statement which defines why an organisation exist in the society. It illustrates what are the goals of the organisation, its primary customers, the commodities they are going to offer and so on.
The mission statement lays a foundation for the overall planning of the organisation.
Hence the correct answer is last statement.
Answer:
The correct answer is letter "A": Shop for a mortgage.
Explanation:
After setting up a budget and starting a housing fund, reviewing your credit report and ratings, and saving a certain amount of money to make it possible to purchase a house, the next step implies mortgage lender pre-approving a loan. It gives you an idea of how much money a bank will authorize to lend you to buy the property. Therefore, after this and finding a Real Estate agent, you can <em>start checking which houses are available for purchase according to what is affordable for you.</em>
Answer:
a. 41.6 million
b. 42.28 million
Explanation:
A) GIven
forecast in june = Sjune = 42 million
Checks recived in june = Xjune = 40 million
Smoothing constant = a = 0.2
So for july
Sjuly = a*Xjune + (1-a)*Sjune
=0.2*40 + (1-0.2)*42 million
=8+33.6 = 41.6 million
B) forecast in july = Sjuly = 41.6 million
Checks recived in july = Xjuly = 45 million
Smoothing constant = a = 0.2
So for August
Saugust = a*Xjuly + (1-a)*Sjuly
=0.2*45 + (1-0.2)*41.6 million
=9+33.28 = 42.28 million
<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>
Explanation:
<h3>The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...</h3>
