John is the <u>internal customer</u> of Bill.
An internal customer is someone within the business that relies on the assistance or work of <em>someone else in the business</em> to do their work. In this case John relies on the software that Bill creates.
Another example would be a marketer who relies on the graphic designer to create an ad before the marketer can use it in an ad campaign.
Answer:
income summary 550 debit
retained earnings 550 credit
--to close income sumary against RE--
Explanation:
To complete the closing entries we should determinate the balance of the Income Summary account and then, transfer into Retained Earnings.
Income Summary
<u> Debit Credit </u>
2,450
<u> 3,000 </u>
Balance 550
We will debit income summary so his blanace ends in zero and credit retained earnings so net income is accumualted and added into equity to represent it in the balance sheet.
Answer:
Sarbanes-Oxley Act of 2002.
Explanation:
Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.
Hence, the legislation that requires a broker-dealer's research analysts to be completely separated from that firm's investment banking department is the Sarbanes-Oxley Act of 2002.
<em>It is a law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations. </em>
The correct answer will be an <em>information policy. </em>
Further Explanation:
An information policy is used in many payroll and human resources departments. This gives only certain people in the company rights to change employee data, such as the pay they recieve and social security number. These departments are in charge of the employees sensitive data.
This type of policy is a public law, certain rules, and regulations that help to regulate the use, access, and communication of other employee information in the company. Most of the information policy is for public view depending on the state and company.
Learn more about human resource policies at brainly.com/question/1815336
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Answer:
b.All the information and data in the company.
Explanation:
A CFO is the Chief financial officer is an organization. He or she is responsible for the company's financial risks, management, and reporting. The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.
Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.
