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timurjin [86]
4 years ago
8

Petty Cash is easily misappropriated if business processes and internal controls are not established and enforced. Provide and e

xplain a minimum of four controls and/or concepts that will help a company ensure that its petty cash accounts are appropriately used and safeguarded?
Business
1 answer:
erastova [34]4 years ago
5 0
1 make sure always safely watched
2 write down the date described when used
3 keep storage info of passed usages
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The accounting book or computer program where each day's transactions are first recorded is called a:
jek_recluse [69]
The accounting book or computer program where each days transactions are first recorded is called a(n): Journal
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6 0
4 years ago
Robert Klassen​ Manufacturing, a medical equipment​manufacturer, subjected 90 heart pacemakers to 5,000 hours of testing. Halfwa
scoray [572]

Answer and Explanation:

The computation is shown below:

a. For the percentage of failures is

= Number of failures ÷ number of pacemakers tested

= 4 ÷ 90

= 4.4%

b. For Number of failures per unit-hour of operating time

= Number of failure ÷ total time - non-operating time

= 4 ÷ (5,000 × 90) - (5,000 ÷ 2 × 4)

= 4 ÷ (450,000 - 10,000)

= 4 ÷ 440,000

= 9.09 × 10^-6

= 0.00000909 failure per unit-hour

c. For Number of  failures per unit-year is

= Failure ÷ unit year

= 0.0000090909 × 24 hours × 365 days

= 0.07963 failure per unit-year

5 0
3 years ago
Which of the following best describes how auto insurance companies manage risk
vfiekz [6]
<span>Which of the following best describes how auto insurance companies manage risk? Auto insurance companies will charge rates based on what they think is appropriate in regards to how likely you are to file a claim. They take into account many factors that will relate to filing a claim in the future and what you have done in the past. By evaluating these, they are determining the risk and how to manage it. </span>
6 0
3 years ago
Nine subjects, 87 to 96 years old, were given 8 weeks of progressive resistance weight training. strength before and after train
Serga [27]

Answer:

11.611 +/- 3.013

Explanation:

3     3.5     4       6        7          8        8.5        12.5       15

7      17      19      12       19       22       28         20         28

difference

4      13.5    15     6       12        14        19.5        7.5         13

mean = 11.611

the standard deviation ⇒ 7.611² + 1.889² + 3.389² + 5.611² + 0.389² + 2.389² - 7.889² + 4.111² + 1.389² = 57.927 + 3.568 + 11.485 + 31.483 + 0.151 + 5.707 + 62.236 + 16.9 + 1.929 = 191.386/9 = √21.265 = 4.611

standard deviation = 4.611  1.918

confidence interval = mean +/- [(standard deviation/√9) x 1.96]

11.611 + [(4.611/3) x 1.96] = 11.611 + 3.013

11.611 - [(4.611/3) x 1.96] = 11.611 - 3.013

4 0
3 years ago
What the reasons for creating the necessity for restructuring the Organization Structure?
Nataly [62]

Answer:

To execute new strategy

Explanation:

Firms and organisations on a quarterly or yearly basis try to change their business strategies to improve revenues and to compete in the market. Overall, implementing a new strategy is complex and it is important to perform restructuring in order to effectively apply a strategy. A restructuring process helps to easily adopt a strategy without complexities.

4 0
4 years ago
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