Answer: Independent bank reconciliations.
Explanation:
A bank reconciliation is a process by which the records of a bank account are verified to be correct, by comparing the personal records with the records that appear on the bank statement. This process is usually done independently when a company wants to audit its accounts and reconcile its processes.
Because this is a review of bank accounts (savings, payroll, checking accounts), no physical control is needed to do it, but rather a monetary control.
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Answer is D. time spent making a journal entry
Answer:
B. an increasingly global society
Explanation:
Communication may be explained as the exchange of information and messages between two or more people ; the sender which initiates the communication process and the receiver who responds to the initiated message. This means communication is an important between team members and any impairment in the communication process will be make the team less effective. Technology has helped in creating a wide range of communication means. However, the growing level of interdependence or globalization in the society whereby effectiveness of most processes is no more independent, such that the failure or one system will invariably affect the other causes a significant setback whenever such problem occurs.
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Answer:
increases the opportunity cost of consuming today
Explanation:
Consumption today is inversely related to interest rate.
If interest rate rises, consumption falls and if interest rate falls, consumption increases.
If interest rate is higher, the amount that can be earned on savings increases and this increases the incentives to save more now and consume less today.
