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Feliz [49]
3 years ago
7

Marconi Co. has the following information available for the current year:

Business
1 answer:
Zina [86]3 years ago
8 0

Copied text is stored in the clipboard for 1 hour.

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CEO compensation is often in the news. In response to this, some CEOs at large companies have agreed to set their base pay at $1
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Stock options and bonus's - in other words deferred compensation. These can be either vested or non vested, among other things.

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The use of deferred compensation is usually tied to the performance of the company or vested so that the CEO must perform well for the company ot at least last a certain tenure. This is the bread and butter of executive compensation, there have been more creative ways in recent times however.

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3 years ago
Internal control procedures for cash receipts do not require that:_____.
Alex73 [517]

Answer:

b. All collections for sales are received immediately upon making the sales.

Explanation:

Internal control, regarded as a process used in assuring objective of an organization in operational effectiveness as well as efficiency and reliable financial reporting, it is also used in assuring of compliance with laws as well as regulations and policies. Generally, internal control can be described as everything which is able to controls risks to an organization. It is a way the

resources of an organization are been

measured as well as been directed and monitored.

It should be noted that Internal control procedures for cash receipts require that:.

✓Custody over cash is kept separate from its recordkeeping.

✓Clerks having access to cash in a cash register should not have access to the register tape or file.

✓An employee with no access to cash receipts should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.

✓Cash sales should be recorded on a cash register at the time of each sale

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Which of the following 2 goods would most likely experience the law of increasing opportunity cost?
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