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melamori03 [73]
3 years ago
7

Hiring decisions at Maarja's Razors are made by Maimu Maarja, the Director of Human Resources. Pay rates are approved by the Vic

e President for Operations. At the end of each pay period, supervisors submit time cards to Kasheena, who prepares paycheck requisitions. Paychecks are then distributed through the company's mail room. This represents a(n) ________ segregation of duties.
Business
2 answers:
barxatty [35]3 years ago
4 0

Answer:

Effective

Explanation:

Segregation of duties (SOD) is an essential part of the effectiveness of internal controls for any business. This integral separation ensures that key processes are performed by more than one person to prevent fraud or financial misstatement. While technology continues to become more sophisticated, the time is now to implement controls that segregate key functions within processes such as cash disbursements, investments, payroll, and many other areas.

Maarja's Razors is implementing effectively the segregation of duties. Key processes are performed by more than one person, and this helps in flexibility of operations.

Hoochie [10]3 years ago
3 0

Answer:

Effective segregation of duties

Explanation:

The segregation of duties (SOD) is the assignment of various steps in a process to different people. The intent behind doing so is to eliminate instances in which someone could engage in theft or other fraudulent activities by having an excessive amount of control over a process.

The principle of SOD is based on shared responsibilities of a key process that disperses the critical functions of that process to more than one person or department. Without this separation in key processes, fraud and error risks are far less manageable.  

Hence the sharing of responsibilities and tasks among different individual's in Maarja's Razors  represents an effective segregation of duties.

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The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring
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Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.

5 0
3 years ago
Sam has contracted with Dave to purchase Dave's racing bike, with payment and delivery of the bicycle to be made 10 days after t
bonufazy [111]

Answer: Immediately seek injunctive relief.

Explanation:

An injunctive relief is an order by the court stopping an action from taking place. From the question, we are told that Sam has contracted with Dave to buy Dave's racing bike, with payment and delivery of the bicycle to be made 10 days after the contract was made.

We are further told that three days later Sam hears that Dave is going to sell the bike to Gene in three days at a higher price. If Sam really wants the bike, he should seek injunctive relief. By doing so, the court will stop Dave from selling the bike to Gene.

3 0
3 years ago
Payments from customers received before performing services for the customers are recorded as
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7 0
3 years ago
involves a _ involves a binding contractual agreement between a firm and another firm or individual whereby the business name an
Nimfa-mama [501]

Answer:

Franchising

Explanation:

In Franchising, a company who already has a successfully established brand give other people with the ability to open new branch by using that brand.

Example for this would be McDonald. McDonald operate under a franchising system, in which a person who have enough capital to provide building can pay a certain amount money to McDonald in exchange for permission to use its brand.

In most franchising system, the Franchiser usually impose a strict regulation regarding the format of the business. They do this in order to maintain the reputation of the brand.

4 0
3 years ago
Golden Enterprises started the year with the following: Assets $111,000; Liabilities $39,000; Common Stock $69,000; Retained Ear
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Answer:

$115,000

Explanation:

Ending assets= assets at the start of the year + revenue - dividend

Asset at the start of the year= $111,000

Revenue= $5,900

Dividend= $1,900

Therefore the amount of Golden assets at the end of the year can be calculated as follows

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= $115,000

Hence the amount of Golden assets at the end of the year is $115,000

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3 years ago
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