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2 years ago

Which of the following is an example of internal compliance?

Business

1 answer:

Gekata [30.6K]2 years ago

8 0

Answer:

D. A publishing company prevents its employees from using office computers for personal use.

Explanation:

An internal compliance can be defined as certain strategic measures adopted or put in place by an organization (company) within its own business by setting rules and standards, best practices, internal procedures, establishing policies and maintaining a level of quality so as to successfully achieve its aim, goals and objectives.

Basically, it comprises of specific business ethics or code of conduct that employees working in an organization must completely adhere to or strictly follow at all times. Also, it is often referred to as human resource (HR) compliance.

Hence, an example of internal compliance is the situation in which a publishing company prevents its employees from using office computers for personal use.

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LO 3 Chad's Chocolates is considering the purchase of a new candy press. The machine under consideration costs $17,550 and would

devlian [24]

Answer:

B) $(1,813)

Explanation:

Initial investment = 17,550

Annual cashflows = 2,650

Terminal Cashflow = 500

You can solve for NPV using financial calculator with the following inputs;

CF0= -17,550

C01 = 2,650

F01 (Frequency) = 19

C02 = 2,650 + 500 = 3,150

I=16%

Net present value; NPV = -1,812.879 or -1,813 rounded off to the nearest whole number.

4 0

2 years ago

Which accounts would be affected for the following transaction: "Received an invoice from a supplier for repair services perform

Sophie [7]

Answer:

Debit Bank; Credit Accounts Payable

Debit Repair Expense; Credit Accounts Payable

5 0

1 year ago

The journal entry to record the use of utilities in a factory could include which two of the following:

kati45 [8]

Answer: Debit to Factory Overhead.
Credit to Factory Utilities Payable.

Explanation:Utilities are part of actual overhead costs. It is a necessary cost in order to operate the factory, but is not DIRECT Labor or DIRECT Material.

7 0

1 year ago

The Finishing Department had 11,000 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to m

8_murik_8 [283]

Answer:

39,700 units.

Explanation:

<em>The transferred units are calculated using physical units.</em>

So the complete % are irrelevant.

11,000 beginning

33,000 started

4,300 ending inventory

11000+33000 = 44000 units worked during the period

ending inventory (4300)

transferred out 39700

8 0

2 years ago

The owner of supermarket chain Reynold's wants to offer nonfood items such as greeting cards and magazines. However, Reynold's d

Elis [28]

Answer:

E) rack jobbers.

Explanation:

Rack jobbers is defined as a company or trader that has an agreement with a seller to display their products in the retail stores and sell them. Usually channels used are not the traditional channels used to sell the products and can include: gas stations, grocery stores.

In such instances the profit realised is split between both parties. For example if Procter and Gamble provide a product rack to a grocery store this is called rack jobbers.

This will be Reynold's best option as he does not want to take care of setting up displays and maintaining inventory records.

6 0

3 years ago