Answer:
The billing function should be assigned to persons other than those responsible for maintaining accounts receivable subsidiary records.
Explanation:
The first choice it's considered an effective Internal control procedure for accounts receivable.
This is because it is not safe that the person who prepares the billing is the same who record cash receipts or any other document over the account receivables.
This is what we call Segregation of Duties and this is an internal control determined to avoid fraud or error.
Answer:
A dollar tomorrow is worth less than a dollar today, because if you invest the dollar you have today, you'll have more than a dollar tomorrow.
Answer:
the difference between the value of the assets and the amount of liabilities of something owned
Answer:
a. True
Explanation:
The Power-Distance Index refers to the relationship and interaction between a high ranking individual and a low ranking individual. The index depends on how a low ranking individual reacts to a high ranking individual.
It measures the degree where the members of a society or group accepts the hierarchy of the power and the authority.
Thus according to the high power distance index score, individuals with high power are entitled to number of privileges in a country or in society.
Hence the answer is TRUE.
5) your own Business
The benefits of starting a business include being your own <u>boss</u>. You will have more <u>freedom</u> and <u>independence</u> as a self-employed individual than as an employee, and you will not have to adhere to a typical 9 to 5 schedule from Monday through Friday. Having your own business means you can work when it is convenient for you—whether that be at 12 p.m. or 12 a.m.
You will be able to be more productive as a result. You can also work as a digital rambler wherever you want, so if you enjoy traveling, you could spend time living the digital rambler lifestyle if you are interested.
