Answer:
b) People who operate and function within the control system.
Explanation:
Internal controls are the process and mechanisms that an organization puts in place to ensure the integrity of its accounting and financial information. Internal control helps a business achieve operational efficiency and effectiveness. It ensures that a company financial reporting complies with the relevant laws, policies, and regulations.
The people working in internal control determines whether the mechanisms will succeed or fail. Employees assigned in internal control must be of high integrity and be able to discharge their duties without fear or favor. Internal control protects company resources from theft, wastage, or misuse. For internal control to achieve its purpose, the Individuals in that department must not comprise in any situation.
Answer:
1. Dividends = Dividends, it decreases stockholder's equity.
2. Rent Revenue = Revenue, it increases stockholder's equity
3. Advertising Expense = Expense, it decreases stockholder's equity
4. Stockholder's pay cash into business = Issuance of stock, increases stockholder's equity.
Explanation:
Notes to above:
1. Dividends are paid from current year income or from retained earnings, as both current year earnings and retained earnings are clubbed into equity thus, with payment of dividend, equity is decreased.
2. Rent revenue is a part of income and income is part of equity as with increase in income there is increase in equity also.
3. Advertising expense will decrease the income and with decrease in income there will be decrease in equity.
4. Stockholder's pay cash into business as for issuance of stock and with issue of stock equity will increase.
Answer:
B
Explanation:
Use social media platforms like LinkedIn to screen for people with the relevant experience at high-performing companies
Using social media platform like Linkedin you would normally find the best and high- perfoming individuals, whomare definetly and most likely to meet the criteria for the job and even be beyond expectations. This has become a lot easier to use in this dispensation.
<span>c. money is deducted from the balance on the debit card.</span>
Answer:
Explanation:
Total asset turnover = Sales/total assets
3.2= 14000000/Total assets
Total assets = 4375000
E/A = 1-D/A = 1-0.45 = 0.55
Equity = E/A*assets = 0.55*4375000=2406250
Net income = (EBIT-interest)*(1-tax rate)
=(1344000-546000)*(1-0.25)=598500
ROE = Net income/total equity
ROE% = 598500/2406250=0.248
ROE% = 24.8