1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Akimi4 [234]
3 years ago
13

Which term refers to a system of rules and procedures designed to ensure the accuracy and reliability of financial and accountin

g information?
Business
1 answer:
patriot [66]3 years ago
6 0

Answer:

Internal controls is the correct answer.

Explanation:

You might be interested in
Xerox had a monopoly on photocopiers for several years as the technology underlying the photocopier was protected by strong pate
katovenus [111]

Answer:

C. international strategy.

Explanation:

There are several business strategies been used different corporate to survive and grow in various business condition.

International strategy is one of the business strategies that involve the adaptation of foreign policies and selling goods and services at the International market with some local customization to the product. When a firm pursues an international strategy, the head office of the firm retains fairly tight control over marketing and product strategy. Each subsidiary of the company, which is spread all over the world has independent operations with the least interference from the parent company.

In the given case, Xerox had a monopoly on photocopier technologies as they are protected by strong patents, which is their international strategy.

5 0
3 years ago
Sam owns 70 percent of the stock of Club Corporation. Unrelated individuals own the remaining 30 percent. For a stock redemption
zimovet [89]

Answer: C.Any percentage less than 50 percent

Explanation:

In relation to the law on meeting the criteria to be treated as an exchange under the "substantially disproportionate" test as stipulated by U.S. Code § 302.Distributions in redemption of stock, Sam must own the lesser of 2 options of Club Corporation stock;

1. Less than 50% of the stock after the redemption

2. Less than 80% of Sam's previous ownership percentage

= 80% * 70%

= 56%

The lesser option is that of owning less than 50% so Sam must own less than 50% of stock after the redemption to meet the requirement to be treated as an exchange under the "substantially disproportionate" test.

4 0
3 years ago
You want to be a millionaire when you retire in 40 years.
Sedaia [141]

Answer:

a. FV = $1,000,000

rate = 9.7%

n = 40 periods

FVIFA = [(1 + 0.097)⁴⁰ - 1] / 0.097 = 407.9960231

annual savings = $1,000,000 / 407.9960231 = $2,451.00

b. FV = $1,000,000

rate = 9.7%

n = 30 periods

FVIFA = [(1 + 0.097)³⁰ - 1] / 0.097 = 155.4306295

annual savings = $1,000,000 / 155.4306295 = $6,433.74

FV = $1,000,000

rate = 9.7%

n = 20 periods

FVIFA = [(1 + 0.097)²⁰ - 1] / 0.097 = 55.35978429

annual savings = $1,000,000 / 55.35978429 = $18,063.65

7 0
3 years ago
Lester, a hardware engineer, sells his old hatchback to buy a luxury sedan. As he starts driving the new car, he realizes that i
AlekseyPX

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance refers to conflicting ideas or beliefs that cause discomfort to an individual. Individuals tend to seek consonance between their expectations and reality.

In this case Lester expected to feel good about his purchase of a luxury since it should be a much better car than his old hatchback, butt he actually doesn't like to drive the larger and more luxurious sedan.

7 0
3 years ago
You and your firm need to develop policies that avoid acquisitions and restructuring. Select one: True False
Leya [2.2K]

Answer:

True

Explanation:

If polices are not developed that  avoid acquisitions and restructuring, this results in hostile takeover of the company by other investors or decline of earning per share of the investors. So its important to develop such polices.

7 0
3 years ago
Other questions:
  • What is the difference between the marginal product of labor and the marginal revenue product of labor for a firm in a perfectly
    13·1 answer
  • Is buffet correct that it is the role of the federal government to make sure people who work will have enough income to live a​
    15·1 answer
  • What does homeowner's insurance pay for in case of damage to your house and its contents? apex?
    8·1 answer
  • On July 31, the bookkeeping account Supplies Inventory shows a debit balance of $1,000. A physical inventory taken on that date
    9·1 answer
  • Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when Chris, a kid from down the stree
    9·1 answer
  • Drafi Arts Corp. makes and sells original handicraft products. The management of the company has been successfully using a niche
    13·1 answer
  • You want to have $3 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is
    5·1 answer
  • Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year
    15·1 answer
  • Stitch Fix is an online personal styling service that was founded in 2011. This company combines computer algorithms with human
    11·1 answer
  • Which balanced scorecard perspective helps top management focus on what the organization must excel at to effectively meet its f
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!