Answer: True
Explanation:
The loss could have been avoided with a few internal controls. First, the separation of duties control was overcome by the trader’s knowledge of the monitoring software. This knowledge of the monitoring system allowed the trader to effectively hide trades without the laid down system knowing about it until it was effectively too late. This should be improved on, so as such trades can be discovered early.
Also, traders should be under managerial oversight. In this way, traders would be forced to stop trading after reaching a certain point. The Société General system allowed for indiscriminate numbers of trade and as such trades were able to exploit this weakness to the fullest.
the answer is true because of the competition
Double taxation is occurs when income taxes<span> are paid twice on the same source of </span>earned income. The income can be taxed at both the corporate level and personal level.<span>
</span><span>Dividends as a source of investor income is susceptible to double taxation.</span>
Answer:
20,625 units
Explanation:
Calculation for the equivalent units of production
Using this formula
Equivalent units of production=Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=12,500+(12,500×65%)
Equivalent units of production=12,500+8,125
Equivalent units of production=20,625 units
Therefore the equivalent units of production for the month is 20,625 units.