Answer: b.segregation of duties
Explanation:
Segregation of duties as an internal control ensures that there are multiple people doing activities that if left to one person can leave the company at the risk of fraudulent activity. It also helps to reduce the incidence of errors in reporting because more than one person will be cross-checking transactions.
There should be more segregation of duties in this small-town retail store. For instance, the sales clerk should not be responsible for both the counting and comparison to the cash register tape because they could have omitted sales from the machine and then simply taken the money from the cash when counting. A different person should count the cash to see if it tallies with the cash register tape.
Answer:
<u>THEORY X</u> managers subscribe to the traditional view of direction and control of subordinates, who they see as indolent and lazy, whereas <u>THEORY Y</u> managers naturally take the opposite view of workers, seeing them as willing and eager to be productive.
Explanation:
Douglas McGregor developed the theory X and Y management models in the late 1950s.
Theory X managers have a fairly negative view of their employees (and probably humanity as a whole), and they consider them lazy, with very little personal ambition and motivation, and that they work only for their paycheck. They believe that strict supervision and a system of rewards and payments is the best management model.
On the other hand, theory Y managers have a much more positive view of their employees (and humanity as a whole), they consider them responsible, capable of making good decisions, are internally motivated to work better, and not just because they want to earn a paycheck. They emphasis on job satisfaction and less supervision.
Answer:
Telltale signals indicating a readiness to buy include questions , financial negotiation, and counteroffers answers
Explanation:
The closing stage of a business is the last stage of closing out a sales process after going through the approach , discovery,presentation and handling objection stages
At this point , every effort has been made to convince a potential client in buying the offered product and a response is keenly expected from him .The benefits of the purchase can still be reassured to him in a closing remark with with powerful words of conviction.
At this point , the seller should look out for the telltales signal of purchase in order to determine his next line of action.
Answer:
$9,249 for three months, $18,498 for six months.
Explanation:
Experts recommend that an emergency fund should include 3 to 6 months of cash to provide for living expenses.
The Potinsky household spends $37,000 annually, therefore, it spends $3,083 monthly ($37,000 / 12).
For a three-month emergency fund = $3,083 x 3
= $9,249
For a six-month emergency fund = $3,083 x 6
= $18,498
Answer:
Liabilities
Explanation:
Liabilities are the debts and obligations that a business owes.