Answer:
well one is what your passion is. like what you like. what people will pay you to do and how much. and what you are good at.
Explanation:
Answer:
Explanation:
Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit. With a debit card, you're spending money from your own funds. Use a credit card and you're borrowing the money and eventually will have to pay it back to the card issuer, perhaps including interest.
Answer:
Marginal thinking
Explanation:
The economic foundation of marginal thinking requires decision-makers to evaluate whether the benefit of one more unit of something is greater than its cost. And according to this principle, Marie´s benefits of the first three bananas is higher than its cost, but the fourth banana will provide less benefit than the third and this is less than it cost.
Answer:
The answer is ($62,400)
Explanation:
Cash flow only deals with cash. Statement of Cash flow is one of the three Financial statements and this records ONLY the cash that is coming in and out of the business
The company coughed out $62,400 cash. This is the money that will be recorded under cash flows from financing activities and not the $59,000.
So the narration will be:
Cash for retiring bonds.......($62,400)
Answer:please see below for answes
Explanation:
1. Several individuals operate the cash register using the same register drawer--- Weak Internal control --- Establishment of responsibilities is violated.
2. A monthly bank reconciliation is prepared by someone who has no other cash responsibilities-----Good---The procedures follows independent internal verification.
3. Joe Cockrell writes checks and also records cash payment entries.-----Weak Internal control ------Segregation of duties is violated
4. One individual orders inventory, while a different individual authorizes payments.---- Good---- The procedures follow the Segregation of duties .
5. Unnumbered sales invoices from credit sales are forwarded to the accounting department every four weeks for recording.---- Weak-----The procedure here does not follow good documentation and procedures.
----Internal controls are measures laid out by companies to ensure its employees are compliant in following set regulations and standards to ensure financial reports are not manipulated and promoting effective operations in order safeguard it's assets from unauthorized use or theft.
Some internal controls include Segregation of duties, documentation procedures, proper authorization, establishment of responsibilities etc.