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swat32
3 years ago
8

What groups generally is charged with creating value through the process of organizing, coordinating, and leveraging employees a

s well as other forms of capital such as plant, equipment, and financial capital?
Business
1 answer:
stira [4]3 years ago
5 0

Answer: C) managers

Explanation:

Managers are very important in world of business. They are leaders charged with getting a company from where it is to where it wants to be. Essentially their role is to create value. They do this by fulfilling certain duties expected of them through organizing, coordinating, and leveraging employees as well as other forms of capital such as plant, equipment, and financial capital to bring out a solid product that will contribute to the growth of the company.

Managers are therefore as already mentioned, important in business. It is for this reason that only the best should be chosen for such an integral role in a company.

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In a Las Vegas casino, an employee discovered a flaw in the accounting system. The accounts payable clerk discovered that he was
kap26 [50]

Answer:

- This type of fraud is check tampering

- It amounts to 20.1% of fraud cases in small businesses, and 8.4% of fraud in large businesses

- This type of fraud can be prevented by rotating employees that handle check issuance to vendors, review of budget versus actual expenditure, monitoring of audit trail to see if beneficiary was changed, daily statement download for reconciliation, and restriction of functions for example a employee that issues checks should not also reconcile bank statement.

Explanation:

Check tampering is a very common fraud that involves changing the beneficiary of a valid check so that funds can be diverted.

In the given scenario the accounts payable clerk was able to change checks to his name in order to divert $10,000. This was only discovered by chance when an employee noticed the change in name.

Various internal control measures can be taken to prevent this and they are listed above

4 0
3 years ago
Presented below are a number of transactions. Determine whether each transaction affects common stock, dividends, revenue, expen
marin [14]

Answer:

(a) It affects expense account.

(b) It affects Revenue account.

(c) It affects expense account.

(d) It affects Expense account.

(e) It affects Dividend account.

(f) It affects Revenue account.

(g)  It affects Expense account.

(h)  It does not affect stockholders’ equity because purchase of equipment for cash doesn't affect stockholders’ equity.

(i) It affects Common stock account.

4 0
3 years ago
Jensen Company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales. True False
Sergeeva-Olga [200]

Answer:

Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.

This statement is true

Explanation:

Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.

5 0
3 years ago
Acornadian Inc., a total marketing solutions company based in London, has separate teams based on functional areas like digital
Snowcat [4.5K]

Functional Departmentalisation.

4 0
3 years ago
Read 2 more answers
Which of the following illustrates economies of scale , diseconomies of scale , and constant returns to scale ?
Lerok [7]

Answer: d. Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale

Explanation:

Economies of scale occurs when the increase in production by companies brings about a reduction in cost. Diseconomies of scale is when a rise in production leads to an increase in cost as well. For a constant return to scale, the cost remains the same.

Therefore, the answer will be option D "Liza faces economies of scale; Sam faces diseconomies of scale; Tina faces constant returns to scale".

4 0
3 years ago
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