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3 years ago

What is the rationale for the internal control principle, segregation of duties? select one:

1 answer:

5 0

The rationale for internal control principle, segregation of duties is that the work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of another employee. Segregation of Duties is a basic building block of sustainable risk management and internal controls for business. It is based on shared responsibilities of a key process that disperses the critical functions of that process to more than one person or department.

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Which of the following scenarios could lower a firm’s demand for labor? Correct Answer(s) James operates a restaurant in a seasi

Sedaia [141]

Answer:

James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left

Rex invests in new computer software that will automate his bookkeeping.

Explanation:

In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .

If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.

After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.

Amy would need labour to obtain wood; her demand for Labour would increase.

If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .

I hope my answer helps you.

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2 years ago

Which of the following is the main incentive for a manufacturer to sell a product?

8_murik_8 [283]

D. making profits on sales

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3 years ago

if it was determined that the movement of exchange rates was not related to previous exchange rate values, this implies that a i

tensa zangetsu [6.8K]

The Delphi method, forecast by analogy, growth curves, extrapolation, and horizon scanning are all widely used tools for technology forecasting.

Technology forecasting normative techniques like relevance trees, morphological models, and mission flow diagrams are also frequently utilized.

What are the three methods for forecasting?

Qualitative techniques, time series analysis and projection, and causal models are the three fundamental types.

What are the four types of forecasting?

While a wide variety of quantitative budget forecasting tools are utilized frequently, this article focuses on the top four:

1) simple linear regression;

2) moving average;

3) straight-line; and

4) multiple linear regression

What is the need for technical forecasting?

Technology forecasting, like other forecasts, can assist both public and private organizations in making educated decisions. The forecaster can improve decisions to maximize benefits by analyzing future opportunities and threats.

Learn more about Technology forecasting here:

brainly.com/question/28588472

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11 months ago

A salesperson working for a firm that operates on the basis of exclusive sales territories must _____.

Alisiya [41]

A salesperson working for a firm that operates on the basis of exclusive sales territories must <u>consider whether the prospect is eligible, based in location or customer type, to purchase from him or her</u>.

A salesperson is responsible for greeting customers, helping them find items in the store, and calling them to purchase. To be successful as a salesperson, you need excellent communication skills. Great salespeople meet their sales goals while being polite and helpful to their customers.

Definition a salesperson is a person who sells goods or services. An example of a seller is someone who sells cars. salesman. A person engaged in the sale of goods or services.

A great salesperson should offer customers more than an inspiring sales pitch. He is an enthusiastic and resilient person who understands the needs of his customers, shows empathy, and takes the time to sell his products with confidence.

Learn more about Salesperson here: brainly.com/question/24951536

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1 year ago

You are considering adding a new food product to your store for resale. You are certain that, in a month, minimum demand for the

Alenkasestr [34]

Answer:

Using EMV analysis, the number of units of the new product should be purchased for resale = Purchase 7.

The maximum EMV of profit you can make is 270.

Explanation:

We can use the following method to solve the given problem

Solution:

Using EMV analysis,

EMV (Purchase 6 for resale)= 6(40)(0.1) + 6(40)(0.4) + 6(40)(0.5)=240

EMV (Purchase 7 for resale) = [6(40)-60](0.1) +7(40)(0.4) + 7 (40)(0.5) = 270

EMV (Purchase 8 for resale) = [6(40)-2(60)] (0.1) + [7 (40) - 60] (0.4) + 8(40)(0.5)= 260

Largest EMV= 270; Choose to purchase 7 units for resale.

8 0

3 years ago