Solution :
In the context, it is given that foreman in a construction company is responsible for the workers who are unskilled labors.
1. The segregation of the duties which involves the separation of the main functions and have them to conducted by the different workers. But here in this case, the approval of the attendance of the employees and the distribution of the checks to the worker are the important activities that are being conducted by a single employee.
2. This may result into frauds to the company. If the segregation of the duties is not implemented, then the company is at risk. This is because a single employee does the work for the approval of the attendance of the workers and distributing the checks to them for their work. So this can result in a fraud if the foreman wants to do fraud. But distributing the work among two employee will reduce the risk of fraud as one employee many not be willing to do fraud.
In order to compare the $1 an hour your grand father earn in the year 1950 with the $8 an hour you earn today, you would needed to calculate real wages in both 1950 and today. Calculating both 1950 and today salary of your grandfather will help you compare the earning your grandfather worked.<span>
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Answer:
The building envelope of a usually consists of its roof, sub floor, exterior doors, windows and exterior walls.
The solution would be like this:
Given: $20 million Asset
$2 million Income
$2,000,000 / $20,000,000
= 0.1
= 0.1 * 100%
= 10%
Therefore, Systems Corporation return of investment is 10%.
To add, ROI<span> is usually expressed as a percentage and is typically
used for personal financial decisions, to compare a company's profitability or
to compare the efficiency of different investments. </span>
Answer:
$6,000,000
Explanation:
Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001
Change in wage = $30,000 to $36,000 = +$6,000
Therefore:
wage/risk = 6,000/0.001
= $6 million or $6,000,0000
The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .
In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.