Answer:
It will help avoid conflict of interest.
Explanation:
When the people in risk assessment team are also the same team people correcting deficiencies, conflict of interest tends to arise.
Conflict of interest is when a person or staff in a department becomes unreliable due to a clash between personal interests and his professional responsibilities.
Answer:
The correct answer is $110.
Explanation:
According to the scenario, the given data are as follows:
loan amount = $10,000
Before interest = 8.4%
After interest = 7.3%
So, we can calculate the amount we save in interest can be calculated by using following formula:
Amount of savings in interest = loan amount × difference in interest rate
= $10,000 × ( 8.4% - 7.3% )
= $10,000 × 1.1%
= $10,000 × 0.011
= $110
Hence, the amount we save in interest this year is $110.
Answer:
The correct answer is False.
Explanation:
Net working capital, or "Working Capital" is simply the difference between current or current assets and current or short-term liabilities of a company.
Cash flow, on the other hand, is the net amount of cash and its equivalents that is transferred inside and outside the company and that may originate in operational, investment or financing activities.
Cash flow will have an operational origin, when there is a net decrease in working capital. In this situation there will be a net cash release that the company can use freely to honor debts, reinvest in operations, pay dividends, cover expenses or provide funds for future investments.
A negative cash flow, from the point of view of operations, implies that the company has increased its cash demands to finance sales on credit or inventory. That is, it has increased its investment in working capital. Situation that will require an analysis that allows a better way to manage capital.
Answer:
The three main reasons that might make n-tire architectures used in online businesses are Their intuitive system structure for administrators, their layering organization of processes, and the ability to maintain data separated in two different pools.
Explanation:
Three main reasons make n-tire architecture could be used in an online business.
The first one is that its structure allows administrators to identify the problems of the webpage and focus on the matter instead of having to review all of the structure to find out what is going on.
The second reason is that its layering organization provides the best setup to reuse applications. Which in other words says that the structure itself can make it possible to apply this structure to different purposes.
The third one is that the data access and data storage pools are separated and can be reviewed as well as provide maintenance to them in different times, to keep some functionality available in the process to test it and review if it works properly instead of doing it all together and testing after the process is done.