Answer:
Internal controls.
Explanation:
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The main purpose of internal controls in an organization or a company is to guarantee that losses are eliminated as there's a reliable and an accurate accounting system.
This ultimately implies that, an internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency. Internal controls if properly executed helps to increase operational efficiency, protect and safeguard assets, provides accurate financial information, prevents fraudulent or unlawful behaviors, timeliness of financial records and reporting.
Hence, a company's plans to minimize theft and enhance the accuracy of accounting information are referred to as internal controls.
Answer
Investment equals B) $500
Explanation:
We first lay out the national income identity in this form:
Y-C-G = I + NX
Where:
Y-C-G = National Saving
I = Investment
NX = Net exports (when NX is posivite, the economy is running a trade surplus).
National Saving = Private Saving + Public Saving (Tax revenue minus Government spending ($400 - $300))
National Saving = $500 million + $ 100 million
National Saving = $600 million
Now we plug the amounts into the identity =
$ 600 million = I + $ 100 million
We rearrange terms
$600 million - $100 million = I
$500 million = I
So, Investment is $500 million
Answer:
As we want to maximize the profit, the objective function is the profit function:
Explanation:
This is a linear programming problem.
We want to maximize the profit, and the limitations are budget, where we take into account the cost of the types of beds, and warehouse space, where we take into account the space the beds required.
As we want to maximize the profit, the objective function is the profit function:
The constraints are:
- Budget
- Warehouse space:
The implicit interest based on the information given is $165.
<h3>How to calculate the interest?</h3>
It should be noted that the implicit interest is calculated as:
= Inventory worth × Discount rate
= $16500 × 1%
= $165
Therefore, the implicit interest based on the information given is $165.
Learn more about interest on:
brainly.com/question/24080432
#SPJ1
Answer: Option B
Explanation: In simple words, integrity based ethics programs refers to the program that an organisation initiates within the workplace with the expectation that employees will follow the defined rules and methods leading to lawful and ethical conduct of activities.
By using such programs, organisation tries to bring up good results from the company operations, avoidance of potential lawsuits and set a positive image in the eyes of customers.
Hence from the above we can conclude that the correct option is B.
