1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
d1i1m1o1n [39]
3 years ago
10

Why is doing timely reconciliations a key part of internal control activities? It ensures that

Business
1 answer:
kati45 [8]3 years ago
3 0

Answer:

It ensures that the Effective internal control reduces the risk of asset loss, and helps ensure that plan information is complete and accurate, financial statements are reliable, and the plan's operations are conducted in accordance with the provisions of applicable laws and regulations. ... Why internal control is important to your plan.

You might be interested in
Which of the following is not among the chief reasons organizations fail? Multiple Choice overemphasis on short-term financial p
kvv77 [185]

Emphasizing labor productivity in labor-intensive environments is not among the chief reasons organizations fail.

<h3><u>Explanation:</u></h3>

Labor intensive production technique involves the usage of higher amount of labor for the production of goods and services. Here the other factors of production such as capital is used less compared to labor. When we are in a need of producing goods or services only at a small scale then we can opt for the Labor-intensive means of production.

For those organisation that has an environment to be of labor intensive then the process of using  labor productivity  will be appreciated for the success of the organisation. Focusing on the  financial performance in short-term basis, over emphasis on the design of the product, poor communication in the internal organisation,not investing in capital and human resources are the reasons for the failure of many organisation.

3 0
3 years ago
Dewayne Gibbons of Burger King decided to introduce a new sliced chicken sandwich without consulting any of his subordinates or
pantera1 [17]

Answer:

Autocratic leadership.

Explanation:

Autocratic leadership style: These leaders take all decisions by themselves without asking anyone else for suggestion or anything. Such decisions may not be suitable for the employees working under him or his organization's resources aren't capable enough to work as he wishes and in turn hurts his own organization.

  • For example, let's assume that, <em>a manager wants to make 20 eggs in an hour, but machine is only able to make 10 in an hour because it needs to cool down before going further.  </em>

<em />

7 0
3 years ago
What is the name for a treasury certificate given by the government to an investor in exchange for money? A. Earned income B. Ca
sdas [7]
C. Government bond would be the correct answer
6 0
3 years ago
As he explores his options, Sergio notices that some opportunities appear to be riskier than others. When considering various op
Margarita [4]

Answer:

His risk profile.

Explanation:

When comparing various option , Sergio must understand his risk profile and choose the option according to it.

8 0
3 years ago
Which NIMS Management Characteristic involves using standardized names and definitions for major organizational functions and un
mylen [45]

Answer:

The correct answer is c) Common Terminology

Explanation:

NIMS establishes a common terminology to work cooperatively with other organizations in some emergency scenarios, this is used to avoid confusion.

The common terminology usually is implemented in Organizational Functions (named by standard names), Resource Descriptions (named by capabilities) and Incident Facilities (common terms for clarity in an incident)

8 0
3 years ago
Other questions:
  • Corba Company is evaluating whether to replace an old machine with a new, more efficient machine. Corba purchased the old machin
    14·1 answer
  • Cutting costs is the best way to maximize profitability. <br> a. True <br> b. False
    12·1 answer
  • Max is in charge of production for a family-owned firm that makes and sells sports gloves including baseball gloves, softball gl
    14·1 answer
  • These hotels are cater primarily to ___________ travelers.
    5·1 answer
  • Assume the following scenarios.
    13·1 answer
  • What is the point called where the supply curve and the demand curve meet?
    11·1 answer
  • An initial license is issued in October of 2015. When must the license be renewed in order to prevent expiration?
    13·1 answer
  • True/False
    13·1 answer
  • Which of the statements are true of an entrepreneur? Check all that apply.
    9·1 answer
  • in 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. this type of stock mar
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!