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3 years ago

Why is it important for a business to set up internal control measuresover fixed assets?

Business

1 answer:

exis [7]3 years ago

4 0

Answer:

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.

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Based on what you have read, what is the opportunity

Crazy boy [7]

Answer:a higher quality item

Explanation:

A higher quality them

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3 years ago

Scott is a 15-year-old student who works at a part-time job and gets paid every two weeks. His paycheck goes directly to his pre

malfutka [58]

Scott was denied the loan because he was not old enough to qualify.

<h3>What is the Payday loan?</h3>

Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.

According to the above situation, Scott is cannot get the payback loan because he is minor to sanction a loan. He must have the age of 18 years or above.

Learn more about payday loan here:

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2 years ago

An investor purchased a "par bond" for $300 with the principal $300. Over n = 5 years the bond will pay 8% coupon annually. Find

Digiron [165]

Answer:

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-300

Cash flow each year from year 1 to 4 = $\frac{8}{100}$ × $300 = $24

Cash flow in year 5 = $300 + 24 = $324

IRR = 8%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

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3 years ago

. My typing speed isn't as fast as I would like, but this position doesn't require me to use the computer. b. To tell the truth,

AlekseyPX

Answer:

Explanation:

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3 years ago

When comparing Real Estate Investment Trusts (REITs) to Real Estate Limited Partnerships (RELPs), all of the following statement

Natalija [7]

Answer: option C is correct

Explanation:

Real Estate Investment trusts company, REITs do not allow for flow through of loss. Real estate Investment Trusts,REITs owns and manage real estate.

Real Estate Investment Trust company, REITs cannot pass losses to their shareholders, therefore, they invest solely in limited partnerships.

Real Estate Investment trust, REITs also do invest in securities and shares.

But, Real Estate Limited Partnerships company, RELPs allow both for flow through through of loss and for flow through of gain

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3 years ago

Why is it important for a business to set up internal control measuresover fixed assets?​

Why is it important for a business to set up internal control measuresover fixed assets?