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lozanna [386]
2 years ago
7

A good system of internal control for cash provides adequate procedures for protecting both cash receipts and cash disbursements

. Identify which one of following statements is true regarding this protection.A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.
Business
2 answers:
kirill [66]2 years ago
5 0

Answer:

The correct answe is A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.                  

Explanation:

A separate management of the registry and custody functions will reduce fraud, since being two tasks where cash is handled, it is likely that if the same person performs both functions, they will end up diverting money for their convenience, which directly affects in the organization and would waste important resources that can be executed in other important areas.

snow_lady [41]2 years ago
4 0

Answer:

A basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.

Explanation:

Generally, an internal control can be described as a policy, process, procedure put in place by the management of an organisation in order to safeguard assets, enhance accountability, eradicate fraudulent behaviour, promote efficiency.

Put simply, internal control refers to a policy, process, procedure establish to ensure stealing of assets or perpetration of fraud by the employees are prevented.  

By implication, of internal control for cash is refers to a policy, process, procedure established to ensure stealing of cash by the employees is prevented.

The technique that is often used by different organisation to prevent cash stealing by the employees is to separate the duties of those who have custody of cash from those who keep cash records.

Therefore, the statement that is true regarding this statement is that a basic guideline for safeguarding cash is to separate the duties of those who have custody of cash from those who keep cash records.

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Which of the following refers to the availably of resources that make doing business with that country​ possible? A. Competitive
polet [3.4K]

Answer:

B. Economic infrastructure

Explanation:

Economic infrastructure -

It is the activities and the facilities that helps the development and operations of various sectors of the society , is referred to as economic infrastructure.

Economic infrastructure plays a major role in the proper functioning of the economy.

The enables to increase the productivity of the economy .

Hence, from the given statement of the question,

The correct option is B. Economic infrastructure  .

7 0
3 years ago
NOVA Chemicals is a plastics and chemical company whose products are used in a wide variety of applications, including food and
telo118 [61]

Answer:

a) targeting.

Explanation:

Targeting -

It refers to the marketing strategy , where some selected or specific type of people are targeted to market the goods and service produced , is referred to as targeting .

In the process of targeting , the people are distributed according to some specific characteristics .

Hence , from the given scenario of the question,

The correct option is a) targeting .

3 0
3 years ago
The city council is getting ready to build a new power plant, which is expected to bring jobs to the community, but also generat
Dominik [7]

Answer:

environmental racism

Explanation:

Based on the information provided within the question it can be said that this scenario could possibly be classified as environmental racism. This is a concept which describes the environmental discrimination that occurs in many geographical locations both in practice as well as on paper. All of which is based on a racialized context.

4 0
3 years ago
A low inflation rate is preferred because...
mamaluj [8]

Answer:

the correct answer is  low inflation indicates steady growth

Explanation:

inflation can be explained as the increase in the general price level of a country over a specific period of time. this is an indicator of the rise in the price of the goods and services of a country and indirectly can show the standard of living, economic growth and the purchasing power of an economy.

Generally, the inflation is said to be in an healthier range when it is between 1% and 5%, it is regarded as good when it is below 10% and said to be unhealthy when it is over 10%.

when the inflation is low, the price levels rise systematically and gradually. this allows business and investors to predict the economy more accurately and preserves the purchasing power of the currency and money, which is good for both investments, national and international trade.

moreover, when the inflation is lower, the cost of capital financing remains low as well. and the real interest rates are higher too.

5 0
3 years ago
social media data may be considered a form of secondary data, since it is information that does not originate as a result of a m
svet-max [94.6K]

social media data may be considered a form of secondary data.

<h3>Why can we consider social media data a form of secondary data?</h3>

There are many different categories of data that may be used in data analytics. For instance, the contrast between qualitative and quantitative data is frequently used. You might also separate your data depending on aspects like sensitivity.

For instance, is it widely known or is it really private?

The source of the data is perhaps the most basic distinction between various forms of data. Are they, specifically, first-party, second-party, or third-party data? These essential data sources all contribute in some manner to the data analytics procedure.

To learn more about secondary data from given link

brainly.com/question/18118203

#SPJ4

7 0
2 years ago
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