Answer:
a. I Disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets. Stealing is a serious issue. An employee who can justify taking a box of tea bags can probably justify “borrowing” cash from the cash register.
b. I Agree with Faith's method of handling this situation because Faith has followed the internal control principle of assignment of responsibility by making one employee responsible for the cash drawer and followed the internal control principle of segregation of duties (preparing the orders) from the accounting (taking orders and payments).
c. I disagree with Faith's method of handling this situation because Faith has not followed the internal control principle of segregation of duties. It is true that faith has made one employee responsible however after cash counting another employee or Faith himself remove the cash register tape and compare the balance with cash drawer for effective internal control. Also, Faith’s standard of no mistakes may encourage the cashiers to overcharge a few customers in order to cover any possible shortages in the cash drawer.
Answer:
C.social needs.
Explanation:
Maslow's hierarchy of needs is a motivational theory that goes through five forms of needs set out below:
1. Physiological needs: These are the survival needs i.e. food, clothing, house, air
2. Security needs: This need covers human, financial, etc. protection and security
3. Social needs: These needs represent an person being or not involved in social groups. It makes the person not feel alone, lonely, etc.
4. Awareness needs: Awareness needs are the recognition he or she receives
5. Self-actualization needs: As the name suggests, it is self-actualizing in order to let the person know about his or her abilities.
So according to the given options, the most appropriate option is C. as it shows the social needs i.e loneliness, alone, etc
<span>When acquring and integrating IT systems, senior professional must pay attention to the business value of it because most companies today cannot afford to invest in IT systems unless they serve the purpose to increase the equity of the company as well. If senior professionals do not pay attention to the details of the monetary value of acquring and/or integrating IT systems, no one else will. It is imperative that senior professional take this task very seriously.</span>
Answer:
The correct answer is a. best-cost.
Explanation:
A best-cost strategy means palpable relief to the buyer, and is carried out under a series of characteristics that vary according to the product or service offered. In it, some functions that generate important values are sacrificed in order to offer a quality / service experience, which allows us to differentiate ourselves from the competition and thus be benchmarks in the sector. The statement shows a company that charges the design to the final buyer, which allows them to save costs in this area.
Answer:
Market/Book Ratio = 1.92 times
EV/EBITDA = 13.65 times
Explanation:
As for the information provided,
EBITDA = $1.794 billion
The value of common equity in books = $7.2 billion
Outstanding shares = 300 million
Share price per share = $46
Therefore, market value of common equity = $46
300 million
= $13.8 billion
Therefore, market/book ratio = $13.8 billion/$7.2 billion
= 1.9167 times
EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents
= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion
= $24.48 billion
EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times