Answer:
Segregation of duties.
Explanation:
Segregation of duties -
The concept of segregation of duties is based on the shared responsibilities .
It refers to the method of assigning different person for different task , is referred to as segregation of duties .
It is the fundamental building block for running a business efficiently , in order to reduce any management risk .
In the business it is the major case of any fraud or error , as one person is responsible for maximum duties functioning in the business .
Therefore , it is import to divide various duties .
Hence , from the given scenario of the question,
The correct answer is segregation of duties .
Answer:
C. A secondary market transaction.
Explanation:
In a secondary market, the investors buy and sell securities they own. It is typically known as the stock market although in the primary market stocks are sold too. But the difference is that the primary market is for companies and governments.
I hope this answer helps you.
Answer:
Option C is correct.
Explanation:
The statement of cash flow presents us the information about the cash, where the cash was invested including how much cash we have earned by investing in projects, how much cash the operations has created and how much cash has been created from the financing activities. This statement tells us about the origin of the cash and where the company is spending it.
Answer:
$5,896,778
Explanation:
The computation of the increase value in the liabilities section is shown below:
= Present value of the first liability due in one year + Present value of the second liability due in three years
= $1,388,889 + $4,507,889
= $5,896,778
For computing the increase value in the liabilities we simply added the present value of two liabilities given in the question