Concentration banking Drafts resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a bank
Explanation:
Concentration banking drafts resemble checks in that they are drafts payable to a firm guaranteed an amount of money by one firm directly to them but in the case of they are issued directly by the firm and given directly to the firm supposed to take the money.
In the other case it is the bank that processes the amount for the two firm which makes the process little slower than the demand draft wherein the money is transferred to directly.
This situation shows that control is needed to discover irregularities and errors.
We can arrive at this answer because:
- A well-established control that evaluates the functioning of a business is essential for the success of an enterprise.
- That's because the control allows all defective elements of any sector of the company, which may be presenting errors and irregularities, to be quickly detected.
- This allows these defects to be resolved and eliminated quickly, ensuring a smooth running of the project and high quality of service.
In this case, we can say that a good control system could have identified the problems with the shipments and solved the problem before the customers were dissatisfied.
More information:
brainly.com/question/14411376?referrer=searchResults
You are willing to pay to purchase one share of this stock at $25.31, if you require a 10.5 percent rate of return. D1 = 1.79 * 1.032 = 1.847 r = .105 and g = .032 is the given in this question. We will most likely willing to pay to purchase one share of this stock at $25.31
Answer:
We don’t have enough information to decide
Explanation:
If a company's assets increase it can be multiple things such as increase in cash, maybe buying new fixed assets such as land or building or it can be buying inventory so we do not have enough information to tell if inventory increased or not.
The answer would be a.) strategic planning.
Hope this helps, please like :)
