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3 years ago

Which of the following is the LEAST important consideration for safeguarding business assets? Options

Business

1 answer:

Gnesinka [82]3 years ago

6 0

Answer:

Out of the options listed the LEAST important consideration for safeguarding business assets is:

4) geography

Explanation:

Asset protection or safeguarding assets is the practice of covering the assets in case of a law sue, bankruptcy or another event that can generate that the owner of an asset lose them.

For this you must have a clear idea of what an asset is: an asset is a belonging whose ownership is entitled to a person. In this sense, bank accounts, apartments or houses, yates, cars, stocks, bonds are all examples of assets.

Nowadays there are several instruments in order to protect an asset: insurances, putting assets in the name of your spouse or a company. Regardless in the protection measure you use to cover your assets you must have clear, what is the type of asset you want to protect, the monetary value, and the physical size. but geography does not get to be an important consideration when safeguarding them.

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Suppose wood planks wood planks is a substitute substitute in production of wood beams wood beams. upper a decrease a decrease i

Juli2301 [7.4K]

Answer: Decrease, decrease

Explanation: Substitute goods are those goods that are used in place of each other. When the price of a substitute good falls, it becomes more attractive to the consumers. Here, wood planks and wood beams are substitutes to each other. So, when price of wood plank falls, demand for wood beams will decrease, shifting the demand curve to the left. As a result, of this the equilibrium price of wood beams and the quantity of wood beams will also decrease.

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2 years ago

Read 2 more answers

The normal form which removes any remaining functional dependencies because there was more than one primary key for the same non

Nookie1986 [14]

Boyce-Codd normal form.

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2 years ago

Your industrial supply company wants to create a data warehouse where management can obtain a single corporate-wide view of crit

antoniya [11.8K]

Answer:

Industrial supply company scenario:

The company wants to create a data warehouse where management can obtain a single corporate-wide view of critical sales information to identify best-selling products in specific geographic areas, key customers, and sales trends.
The sales and product information are stored in both a divisional sales system running on a Unix server and a corporate sales system running on an IBM mainframe.
The desire is to create a single standard format that consolidates these data from both systems.

Business problems:

A business problem that can arise from not having these data in a single standard format is that employees will see the data as inconsistent.
It is difficult to make business decisions if the data is unreliable, inaccurate, or redundant.
The product descriptions are formatted differently so managers and employees might get confused when it is entered into the system.
Also, the system identifies the sales by territory in the United States so it would be impossible to identify the sales or even around the world.
The corporate sales system also lacks a way to identify the identification of the customer.
Both sales system should be consistent with the information in order to prevent redundancies or inaccuracies.

How easy it would be to create a database with a single standard format:

Creating a database with a single standard format would ideally be easy.
Data quality audits and data cleansing should be performed when constructing the new database.
Data quality audits and data cleansing would correct any redundancies and inaccuracies in the current systems.
By using data-cleansing software, the company can combine and integrate the data from all the systems into a single standard format that is uniform throughout the whole company.

Problems that should be addressed:

A problem that should be addressed is the product description and sales territory tags.
These tags have different formats which could lead to inconsistencies in the data.
The names would have to be changed so that they are the same format and are only entered once in the new single standard format database.
Another problem that would have to be addressed is keeping both the division and customer id tags in the new database.
This would provide more information for each entry and would limit any confusion among the employees.

Database specialists:

Database specialists will help solve the problems by performing the data quality audits and data cleansing.
They will also help in establishing an information policy and developing the new database.
They are also responsible for the specific policies and procedures through which data can be managed as an organizational resource.
This involves overseeing logical database design and data dictionary development, planning for data, and monitoring how information systems specialists and end-user groups use data.

General business managers:

General business managers would have the final say when managing data resources.
They would be responsible for defining and organizing the structure and content of the database and maintaining the database.

Who should have the authority?

The general business managers should have the authority because they are responsible for the data.
This would mean that even though they allow database specialists to establish an information policy and develop the new database, the managers are the ones who have to approve the final product in order for it to be implemented company-wide.
The managers are the ones whose reputations are on the line when a company succeeds or fails, so they should have the final authority.

6 0

3 years ago

The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as: Mu

liubo4ka [24]

Answer:

E. Over applied overhead

Explanation:

Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.

When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.

5 0

3 years ago

A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at th

algol [13]

Answer:

debit Salaries and Wages Expense, $24,000; credit Salaries and Wages Payable, $24,000.

Explanation:

The journal entry is shown below:

Salaries and Wages Expense A/c Dr $24,000

To Salaries and Wages Payable $24,000

(Being salary and wages is adjusted)

The computation is shown below:

Five day salary = $30,000

Per day salary = $30,000 ÷ 5 days = $6,000

Now Monday to Thursday salary i.e 4 days salary = $6,000 × 4 days = $24,000

3 0

3 years ago