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sp2606 [1]
2 years ago
9

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

Business
1 answer:
liq [111]2 years ago
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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Recommend further strategies companies woolworths in south africa may use to protect the environment
djverab [1.8K]

They are committed to sending less waste to landfills, recycling as much as possible, and using recyclable materials wherever possible.

Some Recycling Methods to Reduce Waste From recycled plastic shopping carts to signage, everything in the store is made from recycled materials.

We care about the environment and strive towards a zero net impact and transition to a low-carbon future. We care about how our products are made and are committed to a completely transparent, traceable, and ethical supply chain.

Conclusion Woolworths has a potential customer retention marketing strategy. Geographic segmentation is the company's greatest strength. However, the price competition facing the organization in the Australian market is very dominant.

Learn more about The environment here:-brainly.com/question/24182291

#SPJ4

3 0
1 year ago
The first benefit of trade given in Chapter 2 is that "trade makes people better off when preferences differ." How does the stor
Bess [88]

Answer:  Dr. Bostwick was able to provide medical services that did not satisfy his own wants, so he exchanged those services for money that he used to buy things that did. Professor Boudreaux had money but desperately wanted a pediatric gastroenterologist to treat his son.

Explanation:

Trade generates value by transferring goods or services from those who value them less to the people who need them more. The only way people can decide to specialize in the making of a single good or service is because they already know they can trade it for other goods they do need.

In the video 'How the Division of Knowledge Saved My Son's Life', Professor Boudreaux explains that it was thanks to Dr. Bostwick specialization on pediatric gastroenterology that his son´s life was saved.

7 0
2 years ago
A company uses 10000 pounds of materials for which it paid $2 a pound. The materials price variance was $5000 unfavorable. What
boyakko [2]

Answer:

$1.5 per pound

Explanation:

The computation of the material price variance is shown below:

Material price variance = Actual Quantity ×  Actual Price - Actual Quantity × Standard Price

$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price

$5,000 = $20,000 - 10,000 pounds × Standard price

So, the standard price would be

= $15,000 ÷ 10,000 pounds

= $1.5 per pound

7 0
3 years ago
Quantities on hand at the end of one month may not be sufficient to last until the next month's count. If the company has taken
agasfer [191]

Answer:

True

Explanation:

The correct option is - True

Reason -

When the company is considering the quantities in stock available at the end of the month in duly setting their reorder level that indicates it creates buffer stock in company's account and not following just-in-time model, whereby the quantity being ordered when there is demand for the same.

Hereby the investment cost occurred while maintaining the inventory will be higher as comparison to just-in-time inventory model as the money is  blocked in the inventory and it will be recovered only when the inventory being sold.

3 0
2 years ago
A prediction of how many sales your business plans to make is a
ladessa [460]

Answer: sales forecast

Explanation:

The sales forecast section is a key section of your business plan.

This section relates directly to the market analysis, competitive edge, marketing plan and pricing sections (see our guide to writing a business plan).

3 0
2 years ago
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