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Ivanshal [37]
3 years ago
6

Black Lilies is a fledgling apparel company which is run and managed by its creator Patricia. She has advertised for an accounti

ng executive to manage the finances of the firm. Which of the following, if true, would result in a complementary fit having occurred for the post?
a. Patricia is well-versed in accounting and will manage the firm's finances jointly with the new employee.
b. There is already a dedicated finance team in the firm who would work with the new employee.
c. The existing accounting executive is planning to quit to take up a better opportunity.
d. Patricia lacks the requisite skills to manage the company's accounts,hence the opening.
Business
1 answer:
AleksAgata [21]3 years ago
4 0

Answer:

d. Patricia lacks the requisite skills to manage the company's accounts,hence the opening.

Explanation:

Businesses require various set of skills from their employees to function properly and make a profit.

Also duplication of these skills should be avoided to maximise profit.

In the given scenario if Patricia were well versed in accounting them it would be a duplication of duties employing an accountant.

It would be a complimentary fit if Patricia lacks the requisite skills to manage the company's accounts,hence the opening.

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Who is the government attempting to help by enforcing fraud laws?
Naddika [18.5K]

Answer:

B. Consumers

Explanation:

In business, consumers are the most vulnerable groups. Governments have enacted fraud laws to safeguard the rights of consumers.  As enterprises seek profits, the laws seek to hold sellers accountable for the products or services they provide.

The laws provide mechanisms for consumers to fight back against abusive business practices. If unchecked, sellers may take advantage of consumers' ignorance and low bargaining power.

8 0
3 years ago
a licensee has 2 closings but her broker kept part of the commission to pay for expenses the licensee charged to the company. if
podryga [215]

A licensee has 2 closings but her broker kept part of the commission to pay for expenses the licensee charged to the company. if the licensee files a complaint with the board, then the TREC does not handle disputes over commissions.

An income commission is the amount of money paid to a worker upon the crowning glory of a venture, usually selling a positive amount of products or offerings. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid similarly to an income or rather than earnings.

Employers offer a commission to encourage their employees and lead them to be extra effective and generate more income and appeal to clients. sales and advertising jobs in many industries, along with vehicles and actual property, typically offer fee-based repayment.

Learn more about the commission here: brainly.com/question/957886

#SPJ4

3 0
1 year ago
Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of
vitfil [10]

Answer:

A.20per ton

B.141,600

C.389,400

Explanation:

A.

($856,800+$97,200-$108,000+$216,000)/53,100 tons

=$1,062,000/53,100

= 20per ton

(b)

Resources removed totaled 26,550 tons

Less company sold 19,470 tons.

Balance 7,080 tons

Hence

Inventory 20*7,080

=141,600

(c)

20* 19,470 tons

=389,400

4 0
3 years ago
What role do primary financial markets play in our economy? What role do secondary markets fill? Describe the relationship that
Bezzdna [24]

Answer:

What role do primary financial markets play in our economy?

The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations

What role do secondary markets fill?

Secondary markets include option markets and deal markets in which ownership of securities is transferred. Investors create auction markets, such as the New York Stock Exchange, by congregating in one physical area to announce bids and ask prices and to trade and sell stock.

Describe the relationship that exists between financial institutions and financial markets and suggest a method in which this relationship can run more smoothly.

Financial instruments are those instruments that allow you to take an exposure to a specific type of risk, or simply to invest your money! Financial instruments are bought and sold by all the financial institution with different goals (to get a fixed return, to speculate, to provide short term and long term funding, to achieve a specific rate of return, to fund themselves, to buy or sell for a client…) and in different ways.

Financial markets are the places where Financial Instruments are bought and sold by Financial Institutions.

Explanation:

What role do primary financial markets play in our economy?

The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations

What role do secondary markets fill?

Secondary markets include option markets and deal markets in which ownership of securities is transferred. Investors create auction markets, such as the New York Stock Exchange, by congregating in one physical area to announce bids and ask prices and to trade and sell stock.

Describe the relationship that exists between financial institutions and financial markets and suggest a method in which this relationship can run more smoothly.

Financial instruments are those instruments that allow you to take an exposure to a specific type of risk, or simply to invest your money! Financial instruments are bought and sold by all the financial institution with different goals (to get a fixed return, to speculate, to provide short term and long term funding, to achieve a specific rate of return, to fund themselves, to buy or sell for a client…) and in different ways.

Financial markets are the places where Financial Instruments are bought and sold by Financial Institutions.

7 0
3 years ago
A sharp downturn in the U.S. housing market reduced the income of many who worked in the home construction industry. A Wall Stre
Shalnov [3]

Answer:

Answer is explained in the explanation section.

Explanation:

If the wages of the Hispanics construction worker in America are less then, they will not have near as much money to send home to their relatives back in Mexico.

And if their families do not have as much as it use to be then they will not be able to buy near as much as they used to.

It means that if the construction workers don't get as much money as they used to then, neither they nor their families  will be able to spend as much as they use to which will obviously hurt each of their economies.

6 0
3 years ago
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