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3 years ago

For effective internal control, the purchasing manager generally should:

Business

1 answer:

grin007 [14]3 years ago

6 0

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

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Consider an investment that costs $100,000 and has a cash inflow of $25,000 every year for 5 years. The required return is 9% an

zhannawk [14.2K]

The payback period for the investment is 4 years.

<h3>What is the payback period?</h3>

The payback period is a capital budgeting method used to determine the profitability of an investment. It determines the number of years it would take to recover the amount invested in a project from its cumulative cash flows.

payback period = amount invested / cash inflow

$100,000 / $25,000 = 4 years

To learn more about the payback period, please check: brainly.com/question/26068051

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2 years ago

People and blank careers are per suitors they like leader ship pools as well as sales they often have a good verbal abilities an

leonid [27]

Answer:

Enterprising

Explanation:

Given that people in enterprising careers are those taking job positions such as Insurance Sales Agent, Lawyers, Arbitrator, Mediator, Sales or Retail Buyer, Head Cook, Construction Manager.

Hence, it practically correct to conclude that People in ENTERPRISING careers are persuaders they like leadership roles as well as sales, they often have a good verbal ability and talk to people into doing things their way

4 0

3 years ago

Each of two stocks, A and B, is expected to pay a dividend of $7 in the upcoming year. The expected growth rate of dividends is

spin [16.1K]

Answer:

Explanation:

Intrinsic value of the stock using the constant growth DDM model = D1 / r - g

D1 = dividend in the following year

r = required return

g = growth rate

Since the growth rate and required rate and growth rate of both stocks are the same, the intrinsic value of both stocks would be equal to :

$7 / 0.12 - .06 = $116.7

5 0

4 years ago

On January 1, Parson Freight Company issues 9.0%, 10-year bonds with a par value of $2,900,000. The bonds pay interest semiannua

RUDIKE [14]

Answer:

Dr Cash 2,702,942

Dr Discount on bonds payable 197,058

Cr Bonds payable 2,900,000

Explanation:

The bonds payable represents the face value of the bonds. On the other side, you have to register the cash that was received, and the difference is the discount on bonds payable. if the bonds are sold at a premium, then the amount of cash would be higher, and the difference between the cash and the bonds payable would equal premium on bonds.

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3 years ago

An individual has a comparative advantage in producing a good or service if the opportunity cost of producing the good or servic

My name is Ann [436]

Answer:

2. False

Explanation:

A person has comparative advantage in production if he produces at a lower opportunity cost when compared with other people.

For example, there are two bakers, Jean and Vincent. Vincent can produce either 5 cakes or 10 pizzas in 1 hour while Jean can produce either 8 cakes or 12 pizzas in one hour.

The opportunity cost for producing cake is:

Jean = 10/5 =2

Vincent = 12 / 8 = 1.5

Vincent has a lower opportunity cost when compared with Vincent in the production of cake, therefore, he has a comparative advantage.

I hope my answer helps you

8 0

3 years ago