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3 years ago

Question # 5

Business

1 answer:

Zinaida [17]3 years ago

6 0

Answer:

Growing the country's economy
Aiding in the creation of capital formation
Managing and mitigating the risks

Explanation:

The Financial system is very important because it helps grow the economy of the country. They do this by creating capital when they transfer funds from those who have it (savers) to those who need it (borrowers). These borrowers will then use it to invest in projects that will grow the economy.

The Financial system also works to manage and mitigate risk because they have experience in such areas and are able to discern which projects to go after to avoid or properly manage risk.

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1+2+3+4+5+6+7+8+9+10+11+12+13+14

ad-work [718]

Answer:

105

Explanation:

1+2+3+4+5+6+7+8+9+10+11+12+13+14 = 105

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4 years ago

Read 2 more answers

"A small grocery store has three employees working each shift, but they only" have one checkout register. Depending on which emp

serg [7]

Answer:

establishment of responsibility

Explanation:

One of the principles of control activities is establishment of responsibility. This establishment of responsibilty means that an employee is meant to have a level of responsibilty for his work as well as decisions taken.

From the question, it can be seen that the use of one register by three worker working diffeent shifts ensure a lack of responsibilty on the part of the workers. This is because if each of the workers had seperate registers for entering customer check out, there would be more responsibilty from the workers in discharging their duties as any mistakes will be owned by each worker.

Cheers.

8 0

3 years ago

The Work-in-Process inventory account of a manufacturing firm shows a balance of $3,250 at the end of an accounting period. The

max2010maxim [7]

Answer:

$1.25

Explanation:

With regards to the above and given that;

Direct material = $510 310

Direct labor = $410 $670

Manufacturing overhead?

Work in process = Direct material + Direct labor + manufacturing overhead

$3,250 = $820 + $1,080 + MOH

$3,250 - $1,900 = MOH

MOH = $1,350

Overhead rate = MOH/Direct labor hour

= $1,350/1080

= $1.25

3 0

3 years ago

Effective product promotion requires that everyone who creates and manages promotional messages have free access to information

Anuta_ua [19.1K]

Answer Is False

Is A Strategy

3 0

3 years ago

At the end of the month, the department had 12,000 units in inventory, 85% complete as to materials and 60% complete as to conve

larisa [96]

Answer:

Units started and completed = 56,000 units.

Explanation:

The complete question is as follows:

At the beginning of the month, the Forming Department of Martin Manufacturing had 14,000 units in inventory, 40% complete as to materials, and 20% complete as to conversion. During the month the department started 68,000 units and transferred 70,000 units to the next manufacturing department. At the end of the month, the department had 12,000 units in inventory, 85% complete as to materials and 60% complete as to conversion. How many units did the Forming Department start and complete in the current month?

Working 1: Reconciliation of units:

Beginning work in progress = 14,000 units (A)

Introduced = 68,000 units (B)

Total (A+B) = 14,000 units + 68,000 units

Total (A+B) = 82,000 units

Transferred out (D) = 70,000 units

Ending work in progress (A+B) - (D) = 82,000 units - 70,000 units

Ending work in progress = 12,000 units

Units transferred from work in progress = 14,000 units

Total units = 70,000 units

From units started/introduced = 70,000 units - 14,000 units

From units started/introduced = 56,000 units (answer)

6 0

3 years ago