<span>The ending equity is $315,000
This is just a matter of adding income and subtracting withdraws. So let's do it.
"Cragmont has beginning equity of $277,000,"
x = $277000
"net income of $63,000"
x = $277000 + $63000 = $340000
"withdrawals of $25,000"
x = $340000 - $25000 = $315000</span>
The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.
<h3>Give a brief account on segregation of duties.</h3>
The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.
A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.
The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.
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Answer:
correct option is B. -$4.02
Explanation:
given data
delivery price = $40
current stock price = $35
fixed dividend yield = 8% = 0.08
risk free rate = 12% = 0.12
solution
as we know that forward contract is a agreement that is made between 2 parties ( seller or buyer ) asset in future at today fix price in specified time,
we get here long forward contract value that is express as
long forward contract = 
...................1
put here value we get
long forward contract = 
solve it we get
long forward contract = -$4.02
so correct option is B. -$4.02
Answer:
d.
Explanation:
Based on the information provided within the question it can be said that it is important to check this information because there may have been additional investments made during the year reflected in the balance. Therefore without knowledge of these investments the final balance may seem incorrect in the eyes of the accountant.
A full-service agency offers most or all of the services required to launch a campaign, including as research, ad copy and art creation, media planning, and final message production.
<h3>How is a full-service advertising firm structured?</h3>
Regardless of size, all advertising businesses typically consist of three main divisions or parts: account services, creative teams, and media professionals. Even though they may go by different names in different organizations, these items typically have the same functions.
<h3>What benefits do full service agencies offer?</h3>
In order to support a company's short- and long-term goals, a full-service digital firm can scale its efforts up or down. As a firm grows, its goals may change. A full-service digital marketing agency may quickly adapt to move in the same direction as a company.
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