Answer: Options A and C are strengths while options B and D are weaknesses. See explanation below.
Explanation:
a. All employees must take at least five consecutive days off each year.
This is a strength in internal control. This would help to maintain stability in operational process and ensure leave days are effectively utilized. It also prevents staff from taking the leave days in piecemeal and sporadic manner thereby disrupting the operational process and causing team instability. It is also used to ensure leave days are promptly utilised and well accounted for.
b. The accounting department orders merchandise and approves invoices for payment.
This is a weakness in internal control. There should be a check and balance in this regard. In some organizations, proper scrutiny of the vendor and invoice is done by the Procurement Unit and the Expense Control Unit respectively. Even within the accounting department, there is approval hierarchy. Also, the unit within accounting department that is making the order should not be the one to approve the transaction.
c. Cash received over the counter is controlled by the sales clerk, who rings up the sale and places the cash in the register. The daily sales are recorded in the accounting records by the accounting department.
This is a strength in internal control as it ensures checks and balances. Fraud and error can be detected through this means. The accounting department should verify the transactions to the relevant supporting document before recording the transaction in the system.
d. The officer who signs checks need not examine the payment packet because he is confident the amounts are correct.
This is a weakness in internal control in the sense that checks signed by the officer is binding in the court of law. The officer cannot claim ignorance if anything goes wrong. There is therefore a need for proper scrutiny and relevant questions asked before checks are signed.
<h3><u>Answer</u>;</h3>
A capital resource
<h3><u>Explanation</u>;</h3>
- Economic resources are the factors used in producing goods or providing services. That is, they are the inputs that are used to create things or help an individual to provide services.
- <em><u>Economic resources can be divided into human resources, such as labor and management, and nonhuman resources, such as land, capital goods, financial resources, and technology. There are four types, namely; capital, labor, land, and entrepreneurship.</u></em>
- <em><u>Capital resources are those resources that are used to manufacture other goods and services in future.</u></em>
Answer:
Politics
Public relations
Explanation:
There are 4 styles of learning namely:
- Sensing uses their senses to understand the world. They verify first for themselves them they believe
- Intuitive perceives inner meaning in how people relate with each other. Usually they don't just take what they see but look for deeper significance.
- Thinking the individual looks at facts and verifiable information. Thinks in terms of cause and effect.
- Feeling is based on like and dislike. They don't use logic but rather implied meaning of actions.
So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.
These set of people will do better on politics of public relations
A process for two or more people coming together to operate an investment, such as partnerships or corporations, is Franchise.
<h3>What is franchise?</h3>
Franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger entity.
Advantages of owing a franchise are :
- A franchise owner gets valuable help throughout the lifespan of the business.
- Owning a franchise comes with a low rate of failure.
Therefore, franchise is a process whereby two or more people come together to operate an investment, such as partnerships or corporations.
Learn more about franchise here: brainly.com/question/3687222
