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3 years ago

Seven essential elements of an effective Compliance Program include:

Business

1 answer:

Wittaler [7]3 years ago

8 0

Answer:5. All of the above

Explanation: A compliance program is a set of policies,guildline,rules and standard operating agreement/ procedure put in place within an organization to ensure effective handling of activities. All the stated are features of an effective compliance program like Establishment of compliance standards of conduct and procedures,overall compliant oversight, due care in delegation of authority ( a necessary feature to ensure competent persons are delegated), monitoring and auditing, conducting effective communication channels, conducting effective training, responding and addressing failures).

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A test that determines whether disease is actually present is

Semmy [17]

<span>Its a diagnostic test
</span>

7 0

3 years ago

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Swifty Company's accounting records show the following at the year ending on December 31, 2022: Purchase Discounts $ 11300 Freig

Juli2301 [7.4K]

Cost of goods sold (Periodic System) = Beginning inventory + (Purchases, net of returns and allowances, and purchase discounts) + freight in − Ending inventory .

COGS = Cost of goods sold

COGS = 46200+(401100-13500-11300)+16000-57900

COGS = 380600

The total sum that your company spent on expenses directly associated with the selling of goods is known as the cost of goods sold. Depending on the nature of your firm, this could also include raw materials, packaging, direct labor involved in making or selling the product, and items bought for resale.

First In First Out (FIFO), Last In First Out (LIFO), and the Average Cost Method are the three techniques that a business might employ when tracking the amount of inventory sold over a given time period.

Learn more about cost of goods sold here

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2 years ago

Vessels Corporation's net income for the most recent year was $2,532,000. A total of 200,000 shares of common stock and 200,000

Usimov [2.4K]

Answer:

The earnings per share of common stock is closest to

D. $11.41.

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $2,532,000 - (200,000*1,25= $250,000) = $2,282,000

Then we calculate the Earning/Share Ratio : $2,282,000/200,000 = 11,41

Shares of Common stock outstanding 200.000

Shares of Preferred stock outstanding 200.000*$1,25 = $250.000

NET INCOME Available $2,282,000 = $ 2,532,000 - $250,000

6 0

3 years ago

Price elasticity of demand measures Select one: A. how responsive sales are to changes in the price of a related good. B. how re

Setler79 [48]

Answer:

Explanation:

Elasticity of demand is the degree of responsiveness of the quantity demanded of a commodity to change in the price of the commodity.

It is of 3 types

1. Price elasticity of demand

2. Income elasticity of demand

3. Cross elasticity of demand

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4 years ago

Read 2 more answers

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

masha68 [24]

Answer:

Debit Petty Cash $250; credit Cash $250

Explanation:

Based on the information given we were told that the Company establishes the amount of $250 as a petty cash fund on September 1 which means that The journal entry to record the establishment of the fund on September 1 is:

Debit Petty Cash $250

Credit Cash $250

5 0

3 years ago