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frozen [14]
3 years ago
6

The Director of Information Technology for the city of Tampa, Florida formed a company to sell computer supplies and software. A

ll purchases made on behalf of the City were made from her company. She was later charged with fraud for overcharging the City, but was not convicted by a jury. The control issue in this case arose because the Director had both ________ and ________ duties.
Business
1 answer:
yanalaym [24]3 years ago
3 0

Answer:

1. Recording

2. Authorization

Explanation:

Based on the scenario described above, it can be concluded that the control issue, in this case, arose because the Director had both RECORDING and AUTHORIZING duties.

This is because, for the Director of Information Technology for the city of Tampa, Florida not to have been convicted by a jury regardless of what she did, she must have followed the Segregation of Duties accordingly. This is a means of reducing the errors or fraudulent activities of employees.

And given she has a RECORD of transactions to prove her innocence and at the same time, she has AUTHORIZATION or the approval to supply the software, and hence, she is not guilty of the accusation.

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The difference between a multinational corporation (MNC) and an international business is that __________.
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Answer:

1. International Business means that the company has no interest in investing into foreign countries yet is fully turned towards their home country. It's a group of people that work for some non-profit organization and they have no benefit.

2. Multinational Corporation means that the company invests in foreign countries and work for the profit.

8 0
3 years ago
Which of the following is an example of part-time business? a. Tabatha, who works from home for a fashion website for a minimum
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3 years ago
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Suppose that the united states and canada each produce only two products, televisions and food. The united states can produce 10
Alex

Answer: Trade between the two countries is beneficial when United States trade food to Canada and Canada would trade televisions to the United States.

Explanation: In international trade, each country will produce a good in which it has a comparative advantage (lower opportunity cost).

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6 0
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Sally Beauty Warehouse uses the perpetual inventory system to account for its merchandise. On Nov 2, it sold $700 of merchandise
Nutka1998 [239]

Answer:

1) Debit sales discounts $14

2) Debit cash $686

3) Credit accounts receivables $700

Explanation:

nov-02 sold 700

terms 2/15 n 30  

                700

Discount            2%

                   14

Net payment  686

Db Cash_____________686

Db Sales discount_______14

Cr Account receivable_______700

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3 years ago
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