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vazorg [7]
3 years ago
12

The controller at Business Services Consulting needs new computers for the accounting department. ​ However, there are no guidel

ines specifying whether the controller can approve purchases of office equipment. Which internal control procedure needs​ strengthening?
A. documents
B. separation of duties
C. ​competent, reliable, and ethical personnel
D. assignment of responsibilities
Business
1 answer:
sesenic [268]3 years ago
7 0

Answer:

D. <u><em>assignment of responsibilities</em></u>

Explanation:

Based on the description of the problem given to us in the question we can say that the procedure that most needs strengthening is D. <u><em>assignment of responsibilities.</em></u> This is because apparently some departments within the company do not know what their complete set of responsibilities are. This creates problems like the one in the question because no one knows who to go to, to get something done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Your career should match your hobbies.
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3 years ago
alderwood company has provided the following information prior to any year-end bad debt adjustment: cash sales, $455,000 credit
nordsb [41]

If  sales discounts, $57,000 allowance for doubtful accounts credit balance, $3,800 alderwood prepares an aging of accounts receivable and the result shows that 5% of accounts receivable is estimated to be uncollectible. The bad debt expense is:$13,450.

<h3>How to determine the Bad debt expenses ?</h3>

First step is find the Required Balance using this formula

Required Balance =Accounts Receivables × Percentage of Uncollectible

Let plug in the formula

Required Balance =$345,000 × 5%

Required Balance =$17,250

Now let find the bad debt expenses using this formula

Bad debt expenses = Required Balance - Existing Credit Balance

Let plug in the formula

Bad debt expenses = $17,250 - $3,800

Bad debt expenses = $13,450

Therefore we can conclude that the Bad debt expenses  is the amount of $13,450.

Learn more about Bad debt expenses here: brainly.com/question/24871617

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6 0
1 year ago
Question 4 of 20
Eduardwww [97]
The percentage of 250000 to 180000 is 72% or answer D
6 0
2 years ago
The descriptions below give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. Use th
aleksley [76]

<u>Explanation:</u>

A. This is the case of Cyclical unemployment here lorraine is just graduated and does not find any job inspite of applying with many of the employers. Here the economic condition of the country is below its full capacity.

B. It is example of potential frictional unemployment as George takes time to move on from current job to a part time job. Frictional unemployment is the time taken to move from one job to another.

C. This is an example of structural and technological unemployment as there is a mismatch between the labor market required skills and the skills of the candidate. Christine has bank teller skills but it is not matched with skills expected by banks.

D. It is called as frictional unemployment where Ricardo is out of job due to lay off by the company. The period between a jobless situation and job is frictional unemployment.

5 0
3 years ago
2. Earl Broker is 25 years old, senior in college and he decides to put $150 every year in a Roth IRA through Vanguard Total
AURORKA [14]

Answer: a) $66,388.86

the total sum Earl will receive when he withdraws the money in his  65th birthday is $66,388.86

Explanation:

Given that;

Annuity = $150

r = 10%

Earl is 25years now

Earl plans to withdraw the money when he is 65

which mean Period N = ( 65 - 25 ) = 40

To find the future value, we use use the express

Future value = annuity × (((1+r)^n)-1)/r)

we substitute our values

Future Value = 150 × (((1 + 10/100)^40)-1)/10/100)

= 150 × (((1.10)^40)-1) / 0.01)

150 × ((45.2592 - 1)/0.1)

150 × 442.5924

Future Value = $66,388.86

therefore the total sum Earl will receive when he withdraws the money in his  65th birthday is $66,388.86

3 0
3 years ago
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