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3 years ago

What are the reasons for having internal controls that facilitate ethical behavior?

Business

1 answer:

givi [52]3 years ago

5 0

Answer:

Mostly Preventive Controls and feedback Controls

Explanation:

For this case is important to conduct preventive and feedback controls.

The definition of preventive control is "Controls that are used to keep a loss or an error from occurring". And is improtant to do these controls continuosly in order to ensure that the ethical behavior is accomplished by all the people analyzed.

The definition of feed back controls is "a process that owners and manager uses to evaluate if their teams meet the stated goals at the end of a production process"

And for this case these two controls are so important when we want to facilitate check ethical behavior since the conduct is something that needs to be measured in all the time in order to ensure the condition for any employee.

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Dylan invested $7,200 in an account paying an interest rate of 2. 3% compounded quarterly. Assuming no deposits or withdrawals a

Orlov [11]

The future value of the investment after 12 years will be $9,481.

<h3>What is future value?</h3>

The future value of an investment is its value at a future date. It is obtained by multiplying the present value of an asset by its growth rate raised to the number of periods for the investment.

We can compute the future value of an asset with this model:

FV = PV(1+r)^n

<u>where</u>:

FV = future value

PV = present value

r = annual interest rate

n = number of periods interest held

We can also compute the future value by inputting the variables on an online financial calculator as follows:

<h3>Data and Calculations:</h3>

Investment amount = $7,200

Compound interest rate = 2.3% quarterly

Period of investment = 12 years

N (# of periods) = 48 (12 x 4)

I/Y (Interest per year) = 2.3%

PV (Present Value) = $7,200

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $9,481.01

Total Interest $2,281.01

Thus, the future value of the investment after 12 years will be $9,481.

Learn more about future value at brainly.com/question/24703884

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2 years ago

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Tomtit [17]

Answer:

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3 years ago

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Connie Shockey wants to put funds in an account that does not offer checking privileges because she has a tendency to overspend.

vlada-n [284]

Answer:

certificate of deposit.

Explanation:

A certificate of deposit is one that funds are deposited for a fixed period of time at a particular interest rate. Usually interest rate is determined by the amount being deposited.

Premature liquidation of the certificate of deposit attracts penalty.

This will be the ideal account for Connie Shockey since she does not want an account she can easily withdraw from.

The penalty charged on premature liquidation will serve as a deterrent of she wants to withdraw.

Certificate of deposit is a stable high yield form of investment that will give Connie good returns.

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3 years ago

QUESTION 1 When several alternative investment proposals of the same amount are being considered, the one with the largest net p

Yuri [45]

Answer:

The answer is option B) If the alternative proposals involve different amounts of investment, it is useful to prepare a relative ranking of the proposals by using a present value index.

Explanation:

Present Value Index is a used to measure the feasibility and efficiency of investment options. It is the ratio of the Net Present Value of a project to the initial option required for it.

When several alternative investment proposals of the same amount are being considered, the one with the largest net present value is the most desirable.

However, If the alternative proposals involve different amounts of investment, it is useful to prepare a relative ranking of the proposals by using a present value Index.

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3 years ago

The spread of the coronavirus in the U.S. has had negative effects on the U.S. economy. GDP growth rate went negative (-5.8%) in

Oksi-84 [34.3K]

Answer:

The Coronavirus pandemic took the world by surprise and most people were not ready for the far reaching quarantine measures that were put in place. These measures along with the general fear of the disease meant that Consumers were demanding less of goods and services which had the effect of shifting the Short Run Demand curve to the left.

The world also saw travel restrictions put in place which were a serious blow to international commerce because suppliers found it hard to source goods. This reduced the supply of goods and services which also meant that the Short Run Aggregate Supply Curve shifted to the left as well.

The New Equilibrium led to a way lower output at Y¹ which is shows why GDP growth fell into negative.

As a result of decreased output and quarantine measures, companies could not afford to keep their employees and had to let go of a lot of them. This is why the Unemployment rate went up as well.

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4 years ago