To partially eliminate the problems that are associated with the short-term focus of return on investment, residual income, and EVA, the performance of a division's major investments is commonly evaluated through (E) post audits.
<h3>
What are post audits?</h3>
- The post-audit procedure establishes a formal process (feedback) for assessing whether existing initiatives should be continued, extended, or discontinued.
- That is, the post-audit gives useful information that can be used to fix problems before an investment's performance is jeopardized.
- The purpose of the post-audit review process is to ensure that management has addressed all of the recommendations given in the Audit Report.
- The Post-Audit Review occurs shortly after the agreed-upon implementation deadline, which management committed to in the management response.
Therefore, to partially eliminate the problems that are associated with the short-term focus of return on investment, residual income, and EVA, the performance of a division's major investments is commonly evaluated through (E) post audits.
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Answer:
d. money demand shifts left and decreases if money supply shifts left.
Explanation:
The money market can be defined as a component of the financial market wherein, financial instruments with low risk, high liquidity and short-term maturities (usually 365days or less) such as federal funds, treasury bills, bills of exchange, commercial paper, certificates of deposit, repurchase agreements, etc are traded between banks and other financial institutions.
When the money market is drawn with the value of money on the vertical axis, the price level increases if money demand shifts left and decreases if money supply shifts left.
Also, when the money market is drawn with the value of money on the vertical axis, the value of money decreases, as price level increases; causing quantity of money demanded to increase and to move rightward on the money demand curve.
However, there would be an increase in the demand of money, if the price level is above the equilibrium rate; thereby making the price level to fall when the money market is drawn with the value of money on the vertical axis.
Answer:
$31,100
Explanation:
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.
Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities
<u>Assets</u>
Cash $20,500;
Accounts Receivable, $7,250;
Supplies, $650;
Equipment, $12,000
TOTAL = 40,400
<u>Liabilities</u>
Accounts Payable, $9,300.
Therefore stockholders’ equity = 40,400 - 9,300 = $31,100
The step involves identification of ethical issues.
Answer:
Letter e is correct.<em> Extends beyond ethics to include community, environment, and human rights</em>
Explanation:
Corporate social responsibility refers to the voluntary commitment that companies have to make a contribution to the development of the society in which it operates, in addition to reducing its environmental impacts and ensuring the preservation of human rights. This is when the company implements beneficial actions that exceed those required by law.
In a globalized world, there is legal pressure from consumers, institutions, NGOs and the media to make companies not only profitable but also voluntary contributors to building a more egalitarian society.
The benefits added to companies that practice corporate social responsibility are diverse, with emphasis on improving community value and improving stakeholder satisfaction and perception.
