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.
The appropriate response is Minnesota Multiphasic Personality Inventory. It is an institutionalized psychometric trial of grown-up identity and psychopathology. Analysts and other psychological wellness experts utilize different variants of the MMPI to help create treatment arranges; help with the differential conclusion; help answer legitimate inquiries; screen work hopefuls amid the faculty determination handle; or as a component of a restorative evaluation system.
Answer:
B
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
Market index fund is riskless and would have a beta of 1
by investing half in a riskless and half in a risky asset. beta would be equal to 1
