Answer:
Recall the components of internal control. Identify the internal control weakness in this situation, and propose a way to correct it.
Recall the components of internal control. Identify the internal control weakness in this situation, and propose a way to correct it
The internal control weakness is that the credit department receives incoming cash from the customers.
With access to cash,
a credit department employee can pocket
cash received from a customer
destroy the remittance slip
The credit department can then write-off the customer's account as noncollectable, and the company will stop pursuing collection from the customer
Explanation:
The answer is "c<span>ross-sectional study".</span>
In medicinal
research and sociology, a cross-sectional study is a sort of observational
examination that breaks down information from a populace, or a representative subset, at a particular point in time, that is,
cross-sectional data. A cross-sectional study might be simply illustrative and
used to survey the recurrence and dispersion of a specific ailment in a
characterized populace.
Answer:
B. Always considering the long run
Explanation:
This is because economic decision making gives one the over view of it's effect in the near future
If it is a choice, then you are deciding between two or more options. The opportunity cost of whatever you decide means you have chosen the best option, with the next best option foregone.
I hope this helps you and have a great day!! :)
Answer:
The answer is D. The change in quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods, holding constant the effect of the price change on consumer purchasing power
Explanation:
Substitution effect is a concept in which, as the price of a good or service increases, less of the good or service is substituted for other less expensive.
For example, if the price of Pepsi were to rise, the substitution effect would cause the consumer to buy less of it and substitute more coca-cola for now relatively more expensive Pepsi.
Option A. is wrong because we are talking about the quantity demanded and not just demand. (Please take note).
