1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
14

The measures used by an organization to provide reasonable assurance that the organization produces reliable financial reports,

complies with applicable laws and regulations, and conducts its operations in an efficient and effective manner are collectively referred to as: Multiple Choice
a.The internal control structure.
b.Generally accepted accounting principles.
c.Securities and exchange regulations.
d.Financial accounting standards Financial
Business
1 answer:
const2013 [10]3 years ago
6 0

Answer:

The correct answer is letter "A": The internal control structure.

Explanation:

The internal control structure of a company encompasses the firm's organizational objectives in regards to ensuring policies and federal laws, accurate operating information and accounting records, protecting the company's from threats, and measuring employees' performance to help them improve their efficiency.

You might be interested in
A higher earnings per share (eps) does not necessarily translate into a higher stock price
nikdorinn [45]
This doesn't seem to be a question, but rather, a statement.
4 0
4 years ago
At year​ end, Tangshan China Company balance sheet showed total assets of​ $60 million, total liabilities​ (including preferred​
Studentka2010 [4]

Answer:

Earnings per share

= <u>Net income - Preferred dividend </u>

  No of common stocks outstanding

= <u>$1,500,000 - 0</u>

   1,000,000 shares

= $1.50 per share

P/E ratio = <u>Market price per share</u>

                 Earnings per share

15   = <u>Market price per share</u>

              $1.50

Market price per share = 15 x $1.50

                                      = $22.50

Explanation:

In this question, there is need to calculate earnings per share by dividing net income by number of common stocks outstanding. Thereafter, we will apply P/E ratio formula, where P/E ratio and earnings per share are known. We will make market price per share the subject of the formula.

7 0
3 years ago
Gordon Ltd., a 100% owned British subsidiary of a U.S. parent company, reports its financial statements in local currency, the B
anastassius [24]

Answer:

Average rate = $1.55

Explanation:

Normally all companies use the current rates for the transaction, revenue department and profit loss, but it is not fair to use the same current rate on different dates.

Therefore, businesses usually use average exchange rates to overcome these kinds of shortcomings.

Therefore in this example, it would be appropriate to use the average exchange rates by the parent company to find the income of the subsidiary.

4 0
4 years ago
A large bank is promoting its credit card to existing bank customers who have had more than one account with the bank over the p
Feliz [49]

Answer:

Behavioral.

Explanation:

A market segment is a portion of a large market in which the individuals, groups or organizations share one or more characteristics that cause them to have relatively similar products needs.

A market segment consist of a group of customers that share a similar set of needs and wants.

Are four categories of segmentation:

-Geographic

-Demographic

-Psychographic

-Behavioral. Segmentation on the basis of use occasion, user status. The evaluation of behavior in terms of the customer/prospect’s behavior relative to your company, product, or service

7 0
3 years ago
Read 2 more answers
Which of the following should be included in the acquisition cost of a piece of equipment?
Mkey [24]

The correct answer is choice d, all are correct.

When calculating the acquisition cost of a piece of equipment it should be the all inclusive cost of the equipment. The cost should include all transportation, installation, site preparation, sales or other taxes and testing costs prior to placing the equipment into production.

6 0
3 years ago
Other questions:
  • What is the Internal Revenue Service?
    7·1 answer
  • Randy applied for a position as a butcher's assistant at a nearby supermarket. After he completed his application, the manager s
    8·1 answer
  • Suppose an airline determines that its customers traveling for business have inelastic demand and its customers traveling for va
    6·1 answer
  • An accounting professor claims that no more than one-quarter of undergraduate business students will major in accounting. What i
    10·1 answer
  • Harris Inc. has EBIT of $1,500 and debt of $5,000 on which it pays 12% interest. Its EPS is currently $2.35 per share. Managemen
    12·1 answer
  • A purely competitive firm finds that the market price for its product is $25.00. It has a fixed cost of $100.00 and a variable c
    6·1 answer
  • Mary is recommending IT investments in the neighborhood of $250 million for her company. However, the board is hesitant since it
    7·1 answer
  • Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2
    15·1 answer
  • What factors played a role in america's economic stagnation
    14·1 answer
  • Which of the following identifies a change in the technological environment that could affect the success of a business?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!