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kaheart [24]
3 years ago
12

Q 7.28: A multi-location flower shop receives payment from customers in person, over the Internet, and through the mail. When ch

ecks come in the mail, the mail clerks send the checks to the cashier’s department and a list of checks to the accounting department. What is the primary reason the company engages in this practice?
Business
1 answer:
Lapatulllka [165]3 years ago
5 0

Answer:

The reason for such practice is to ensure the chance for perpetrating fraud is eliminated.

Explanation:

The cash internal control set by the company is to ensure that cash of the business is not stolen,since cash receipt is a high fraud area,every attempt must be made at ensuring that accurate cash is accounted by segregating the duty for cash collection and cash receipt recording.

In smaller firms,a representative of the team handing cash and the accounting department would have to be present when mails containing cash are to be opened such that one counts and the other takes appropriate record of the cash received.

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Which action is an example of an expansionary monetary policy?
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A. Lowering the interest on reserve rate.

Expansionary monetary policy increases money supply by lowering interest rates
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3 years ago
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You want to store events, members, and inventories for the New Horizon Candle Company and you need to collect the information in
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The easiest function available in MS Access to begin collecting data quickly is to use a pre-designed Template.

<h3>What is pre-designed Template in MS Access?</h3>

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3 0
2 years ago
While workers in the United States are more task oriented and require information to do their jobs, workers from Korea are more
alisha [4.7K]

Considering the situation described above, it is concluded that Korea is a <u>High context</u> culture, and the U.S. is a <u>low-context</u> culture.

A high context culture is a type of culture that is characterized by collectivism and an implicit form of communication.

On the other hand, a low context culture is a type of culture that is associated with direct verbal interaction and individualism.

It is no secret that the United States promotes individualism or independence as a society which is a form of low context culture. In contrast, the Korean culture promotes stability and group relation, which is a form of high context culture.

Hence, in this case, it is concluded that Korea has high context culture while the United States has a low-context culture.

Learn more here: brainly.com/question/17438233

8 0
2 years ago
The figure in the amount column is sometimes referred to as 'cumulative balance'. Why is it referred to in this way?
Bas_tet [7]

Answer:

Explanation:

For each transaction, you add to the previous balance to keep a running total.

6 0
3 years ago
In the Warning Labels Scenario, the objective of introducing warning labels on cigarette packs is to reduce smoking among consum
antiseptic1488 [7]

Answer:

Learning

Explanation:

The warning label is introduced on any cigarette packet with one motives is to reduce consumption of cigarettes. It is based on the assumption that when people see the graph or label on the cigarette packet , it will lead to the desired outcome. the desired outcome includes less consumption of cigarette packets.  change of behavior that introduces between the warning sign and cigarette consumption is referred to learning.

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