Answer: The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Explanation:
The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Control environment; is also known as internal control environment. These are set of standards and structures that guides the basis of carrying out internal control within an organization. It is the awareness, attitude and action of the management team regarding internal control and it's relevance to the organization
Risk assessment is used to describe the process and method of identifying hazard and risk which have potentials to raise harm in an environment
Control activities are policies, techniques and procedures that are pit in place to manage or reduce risk in an environment. Their actions carried out to minimize or limit risk in an environment
Information and communication is a method of information being passed through systems by means of communication. To place everyone involved in the system enlightened by communicating properly to them.
Monitoring is the act of observing a process to control both success and failure that may tend to arise within the process.
Finished goods is often an example of independent inventory.
What do you mean through independent inventory?
An inventory of an object is said to be falling into the category of independent inventory whilst the demand for such an object isn't always based upon the demand for some other object. completed items objects, that are ordered by using external customers or synthetic for stock and sale, are called independent inventory for objects.
What is the difference among independent inventory and structured inventory?
Information this distinction is crucial as the complete inventory policy for an object is based totally on this. Independent inventory is demand for a completed product, such as a pc, a bicycle, or a pizza. established demand, alternatively, is demand for thing components or subassemblies.
What's independent inventory method?
The independent inventory takes place by using the request of clients for merchandise, kit merchandise, provider elements. This call for additionally in my view and independently takes place for each object, and has no dating with different gadgets. consequently it's miles used as it's far to setup the manufacturing plan.
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The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
<h3>What is Marketing?</h3>
This refers to the creation of awareness for a product to a customer base to drive them to buy.
Hence, we can see that The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
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Answer:
a. Mullineaux's WACC = 0.60*12 + 0.05*5 + 0.35*7*(1 - 0.35)
WACC = 7.2 + 0.25 + 0.35*7*0.65
WACC = 7.2 + 0.25 + 1.5925
WACC = 9.0425%
WACC = 9.04%
b. After tax cost of debt = 7*(1 - 0.35)
After tax cost of debt = 7*0.65
After tax cost of debt = 4.55%
So since after tax cost of debt of 4.55% is less than the preferred cost of 5%, company should use debt in its capital structure.
Answer:
Alternative A : 7,800 units
Alternative B: 5,250 units
Explanation:
Were:
for A:
15 - 10 = 5 contrbution margin
each unit contributes 5 dollars
then: $39,000 fixed cost / $5 per unit = 7,800 units
It need to sale 7,800 untis to pay the fixed cost generated for alternative A
for B:
15 - 11 = 4 contribution margin
each unit contributes 4 dollars
then: $21,000 fixed cost / $4 per unit = 5,250
It need to sale 5,250 units to pay the fixed cost for this alternative
