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
Natali5045456 [20]
3 years ago
5

Ron Jones has been a trusted employee for over 10 years. He is responsible for ordering merchandise inventory, receiving the inv

entory items, and authorizing the payment for these items. Which internal control principle, if any, is being violated?
Business
1 answer:
ch4aika [34]3 years ago
5 0

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 .

You might be interested in
Operation X feeds into Operation Y. X has an effective capacity of 55 units per hour. Operation Y has effective capstracity of 5
finlep [7]

Answer:

A) Overcoming

Explanation:

In this production process the fact that operation Y can only process 50 units per hour while the preceding operation (X) can process 55 units per hour will result in a queue and a capacity constraint.

If operation Y's effective capacity is increased to match operation X's, then the constraint has been overcome.

7 0
3 years ago
Which of the following management styles is generally best used in a crisis situation?
dybincka [34]
What are the options??
4 0
3 years ago
Identify the trade-restraining practice that this example demonstrates. Tubifor, Inc. purchases all available imported lumber so
fomenos

Answer:

"Pursuit of monopoly power" is the correct solution,

Explanation:

  • Through a party, the shareholders of such a monopoly have had the authority to adjust rates, eliminate rivals, thereby dominate the competition within the specific geographical region.
  • Antitrust laws in the United States discourage monopolies and whatever other practices which unduly restrict competitor's commerce. The form of trade restriction shown by this illustration is the acquisition of monopoly control.

Therefore the answer to the above was its right one.

7 0
3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
zmey [24]

Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

3 0
3 years ago
In a statement of cash flows, the sum of cash inflows and outflows is equal to:
PolarNik [594]

When in the statement of cashflows, the cash inflows and the outflows are added, the result is the <u>change </u><u>in the </u><u>cash balance. </u>

The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.

The statement includes:

  • Cash outflows which are deductions
  • Cash inflows which bring in money

Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.

In conclusion, adding the cash inflows and outflows shows the change in cash.

<em>Find out more at brainly.com/question/15214250. </em>

5 0
2 years ago
Other questions:
  • Stoneworks, Inc., has an odd dividend policy. The company has just paid a dividend of $6 per share and has announced that it wil
    13·2 answers
  • The Porter family is moving from Baltimore, Maryland, to San Francisco, California. They would like to know what the difference
    14·2 answers
  • The relationship between average and marginal variables can be stated as follows: if the marginal is greater than the average, a
    12·1 answer
  • Which stage in the product life cycle is critical to a product's survival because competitive reactions to the product's success
    7·1 answer
  • Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a
    14·1 answer
  • John worked in a manufacturing job building car engines. Over time, this work was increasingly performed by machines, and manufa
    7·1 answer
  • If the IRS intends to close a Taxpayer Assistance Center, they must notify the public at least _____ days in advance of the clos
    8·1 answer
  • Cheyenne Corporation purchased 420 shares of Sherman Inc. common stock for $12,900 (Cheyenne does not have significant influence
    7·1 answer
  • What are your thoughts about starting out too large to maintain stability, as opposed to
    5·2 answers
  • Nano electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufac
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!