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When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke

Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0

4 years ago

Identify the internal control weakness in the following situations. State how the person can hurt the company.

Degger [83]

Answer:

Identification of the Internal Control Weaknesses:

A. There is no segregation of duties and there is lack of access control. Jerry Miller as a security guard is not expected to have a master key to the cash box. With this he can pilfer the cash. If he prepares the report that shows the number of cars that parked on the lot, he is not supposed to also prepare the day's cash receipts. Otherwise, he can state any number of cars as parked that he likes, and which corresponds to the cash he might leave in the Cash box since he also has a master key.

B. There is no segregation of duties and there is lack of supervision, proper reconciliations, and assets audit. Sharon Fisher handles purchase transactions from the beginning to the close all alone with a third party. This exposes the company to procurement frauds and collusion with suppliers. She can purchase assets for the company at prices that would enrich her personally.

C. Forming an audit opinion on the basis of ratio analysis of last year's comparative financial statements exposes the company to audit risks. While ratio analysis is part of the basis for forming audit opinions, it is surely not the first audit procedure to obtain audit evidence to support his audit opinion on the financial statements. An auditor is expected to obtain sufficient audit evidence and perform audit substantive tests of financial statement assertions. He or she is also expected to review the internal control system to ensure that it is operating effectively after establishing its existence and reviewing changes in internal controls.

Explanation:

Internal Controls are controls established by management in order to help it achieve business goals. There are many internal controls, including Separation of Duties, Access Controls , Authorization and Approvals, Asset Audits, Reconciliations, and Data Backups. The purposes of internal controls are to establish the reliability of financial reporting, ensure timely feedback on the achievement of operational or strategic goals, and achieve compliance with financial management laws, and accounting regulations.

4 0

4 years ago

1. pasar la aspiradora 2. arreglar la sala 3. barrer el sótano 4. lavar la cafetera 5. no ensuciar el piso de la cocina

Pavlova-9 [17]

Answer:

1. Pase la aspiradora.

2. Arregle la sala.

3. Barra el sótano.

4. Lave la cafetera.

5. No ensucie el piso de la cocina.

Explanation:

To complete this exercise, you should give instructions to people cleaning a house by changing the verb phrases into formal commands or imperatives.

The translation:

1. Vacuum.

2. Tidy the room.

3. Sweep the basement.

4. Wash the coffee maker.

5. Do not dirty the kitchen floor.

4 0

4 years ago

Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISE

Slav-nsk [51]

Answer:

The cash flow from assets for the year is $3,522

Explanation:

Computation of the cash flow from assets for 2019 is shown below:

= Operating cash flow - net capital spending - changes in working capital

where,

Operating cash flow = EBIT + depreciation - income tax expense

The EBIT = Sales - cost - depreciation expense

= $12,991 - $5,843 - $1,034

= $6,114

And, the income tax expense = (EBIT - Interest) × tax rate

= ($6,114 - $146) × 32%

= $1,909.76

So, the operating cash flow = $6,114 + $1,034 - $1,909.76

= $5,238.24

Net capital capital = ending fixed assets - beginning fixed assets + depreciation

= $4,297 - $3,712 + $1,034

= $1,619

Changes in working capital = (ending balance of current assets - ending balance of current liabilities) - (beginning balance of current assets - beginning balance of current liabilities)

= ($946 - $493) - ($931 - $375)

= $453 - $356

= $97

Now put these values to the above formula

So, the value would equal to

= $5,238.24 - $1,619 - $97

= $3,522

3 0

4 years ago

Advertising, engineering, marketing, product design, and web design are all examples ____ of work.

Viktor [21]

Knowledge work includes, among other things, engineering, marketing, product design, and web design.

<h3>What distinguishes service work from manufacturing labor?</h3>

A service economy is built on knowledge-intensive industries and services in economic production, well-educated employees in the occupational market, and innovative enterprises in business. A manufacturing economy is driven by the mass production of products.

<h3>What are the names of networks of businesses that produce product designers, engineers, manufacturing firms, distribution channels, and consumer outlets?</h3>

A supply chain in business is a network of establishments that acquire raw materials, transform them into intermediate goods, and then distribute finished goods to customers.

To know more about marketing visit:-

brainly.com/question/13414268

#SPJ4

4 0

1 year ago