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olya-2409 [2.1K]
2 years ago
10

What is true about departmental accountable officials with regards to pecuniary liability?

Business
1 answer:
zhannawk [14.2K]2 years ago
4 0

Answer:

The answer for what is true about department accountable officials with regards to pecuniary liability is prompt response to make good any lost, damaged or destroyed property resulting from fault as stipulated in their contract with accurate records presented to certifying officials or project managers to show accurate replacement or payment.

Explanation:

Pecuniary Liability could be personal, joint or corporate monetary obligation on departmental officials to replace or repair any lost,damaged or destroyed property resulting from fault or neglect.

This provision is usually stipulated clearly in an employment contract but it takes an accountable official to respond promptly when if it occurs and render documents for proof of payment.

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According to the article by Hutchinson, Farris and Anders (2007), cash-to-cash analysis is difficult because financial data and
Margarita [4]

Answer:

False

Explanation:

"Cash-to-cash Analysis and Management" by<em> Hutchinson, Farris and Anders</em> talks about the availability of the<em> financial data</em> and <em>computer technology</em> in assisting a business when it comes to determining its <u>cash-to-cash position </u><em><u>(C2C)</u></em><em>,</em> as well as the <em>benchmarks</em> needed for comparison.

Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the<em> readily available</em> financial date and computer technology. So, this makes the statement above as "false."

So, this explains the answer.

6 0
3 years ago
In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress: Multiple Choice pass
kumpel [21]

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress formed the FDIC.

<h3>What is the FDIC?</h3>

The Federal Deposit  Insurance Corporation (FDIC) was formed by th Congress after the stock market crash of 1929.Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers.

To learn more about the federal deposit insurance corporation, please check: brainly.com/question/827771

#SPJ1

6 0
1 year ago
Disney positions its brand as “a magical world where your dreams come true.” In its brand positioning, what goal does Disney ach
mars1129 [50]

Answer:

By mentioning to be "a magical world where your dreams come true", Disney seeks to position its brand by appealing to the illusion of its youngest consumers, who believe and enjoy that magical world as they consider it to be real. In turn, it also targets a more adult audience, the parents of those children and even young adults who remember their childhood, and seek through Disney to return to that magical world far from the problems of daily life.  Thus, through empathy and the generation of nostalgia, Disney captures a market that is receptive to its products due to the sentimentality they imply.

8 0
3 years ago
The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera
Svetradugi [14.3K]

Answer:

$38,000

Explanation:

Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).

4 0
3 years ago
Variance analysis is important to the management because:_____.
Alex_Xolod [135]

Answer:

D. All of the answers are correct.

Explanation:

Given that Variance Analysis is a form of measuring and controlling methods used by a business management team to maintain and monitor the firm's planned cost and sales with the eventual outcome of cost spent and sales generated.

To achieve this, the process helps in determining the disparity between the actual costs of budgeted costs.

It also helps them to know which department is more productive and

It also helps to discover where the problems or difficulties exist in the production process

Hence, in this case, the correct answer is option D, All of the above. Because the option A to C satisfies the answer.

8 0
3 years ago
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