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3 years ago

The roles of internal auditors

Business

1 answer:

____ [38]3 years ago

8 0

Answer:

Objectively assess a company's IT and/or business processes.

Assess the company's risks and the efficacy of its risk management efforts.

Ensure that the organization is complying with relevant laws and statutes.

Evaluate internal control and make recommendations on how to improve.

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Prime Cuts was the brainchild of Karen Terrier, who guided all the marketing efforts of the product. She made the decisions rega

gulaghasi [49]

Answer: Brand manager

Explanation: It is most likely that Karen serves in the job of brand manager as she is directly responsible for all the elements of the marketing mix (package, brand name, pricing, promotion and placement) for one brand or one product line. A brand manager is defined as one who is responsible for ensuring that the products, services and product lines of a company or business adapts to its target market. They continuously monitor marketing trends while keeping watch on competitive products in the marketplace or industry.

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3 years ago

Assuming a 360-day year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be

solong [7]

Answer:

total payment will be $21,000.

Explanation:

The Payment at maturity will include, the Principle amount (amount borrowed) and the Interest that accrued over the period of the note payable.

Total Payment Calculation :

Principle amount = $20,000

Interest ($20,000 × 5%) = $1,000

Total Payment = $21,000

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3 years ago

Assume that the risk-free rate of interest is 5% and the expected rate of return on the market is 17%. A share of stock sells fo

Ugo [173]

Answer:

New price (P1) = $72.88

Explanation:

Given:

Risk-free rate of interest (Rf) = 5%

Expected rate of market return (Rm) = 17%

Old price (P0) = $64

Dividend (D) = $2

Beta (β) = 1.0

New price (P1) = ?

Computation of expected rate on return:

Expected rate on return (r) = Rf + β(Rm - Rf)

Expected rate on return (r) = 5% + 1.0(17% - 5%)

Expected rate on return (r) = 5% + 1.0(12%)

Expected rate on return (r) = 5% + 12%

Expected rate on return (r) = 17%

Computation:

Expected rate on return (r) = (D + P1 - P0) / P0

17% = ($2 + P1 - $64) / $64

0.17 = (2 + P1 - $64) / $64

10.88 = P1 - $62

New price (P1) = $72.88

7 0

3 years ago

Total costs for Locke & Company at 120 comma 000 units are $ 329 comma 000, while total fixed costs are $ 175 comma 000. T

Yuliya22 [10]

Answer:

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000= $ 333,667

Explanation:

Locke & Company

Total costs $ 329, 000

Less Fixed Costs $ 175, 000

Variable Costs $ 154,000 for 120,000 units

For 1 unit Variable Costs are = $ 154,000/120,000= $1.2833

For 260,000 units Variable Costs are = $ 154,000/120,000 * 260,000= $1.2833* 260,000= $ 333,667

The total Costs for 260,000 units would be determined by adding Variable Costs and Fixed Costs.

We Suppose the fixed costs are same then = 333,667 + 175,000= $ 508,667

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3 years ago

Read 2 more answers

Three reason why business require insurance

Margarita [4]

it only takes one

things happen

exclusions apply

4 0

3 years ago

The roles of internal auditors​

The roles of internal auditors