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Brrunno [24]
4 years ago
9

Supervision and proper reporting responsibilities in a company are necessary

Business
1 answer:
IRINA_888 [86]4 years ago
3 0

Answer:

c. to prevent fraud resulting from collusion, and to separate monitoring from performance of duties.

Explanation:

Supervision is the most important part of every organization because every work should be done in a proper manner and every employee needs guidance while they are stuck at the work and proper reporting should be done knowing the status of every employee and for the benefit of the organization.  

     Therefore, from the above situation, it helps in preventing the fraud conspiracy and monitoring the performance of every employee.

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Two of the economy’s most important financial intermediaries are
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Answer:

d. banks and mutual funds.

Explanation:

Financial intermediaries are bodies or individuals that connect surplus and deficit agents. These institutions serve as middlemen among diverse parties in financial transactions. These include banks, mutual funds, pension funds, building societies etc. Banks and mutual funds are two of the economy's most important financial intermediaries.

6 0
3 years ago
Assume that the required reserve ratio is set at 0.125 . What is the value of the money (deposit) multiplier
qwelly [4]

Answer:

8

Explanation:

the money multiplier = 1 / required reserve ratio = 1 / 0.125 = 8

The money multiplier refers to the capacity of the banking system to "create" money, e.g. John deposits $1,000 dollars in bank A. Then bank A lends $875 to Frank which buys a bike from Sarah. Then Sarah deposits the $875 in bank B, which in turn borrows $765.63 to Anne. Anne pays her rent to Adam, who deposits the money in bank C and then bank C lends $669.92 to Joe, and ...

5 0
3 years ago
You can be sure that a bond will sell at a premium to par when _________. its coupon rate is greater than its yield to maturity
QveST [7]

Answer: coupon rate is greater than its yield to maturity

Explanation: This is because investors are interested in high yield and will not mind paying for it in other to get a higher payment from coupon.

5 0
3 years ago
The future growth of a company is endangered when management:
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Is committed to maintain a product oriented philosophy
7 0
4 years ago
Assume the U.S. dollar and the Canadian dollar are traded in flexible currency markets.
erica [24]

Answer:

B. Higher interest rates in the United States relative to Canada.

D. Decreasing GDP in the United States than in Canada.

Explanation: A flexible currency market is market where the exchange rate is determined by some economic factors which includes

High interest rate- if the interest rate on the United States is higher than that in Canada most investors will be moved to Borrow money from Canada instead of Borrowing from United States leading to reduced demand for The United States dollar which will lead to depreciation of the United States Dollar.

Decreasing GDP- when the gross domestic product of the United States economy decreases the general productivity level in the United States is decreased which will discourage foreign investors from investing in the United States leading to reduced demand for the United States Dollar.

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4 years ago
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