A. Traders borrowing money from their brokers.
Answer: Physical safeguard & security, Accuracy, Segregation of duties, Handling errors
Explanation:
Internal control could be defined as the process of handling an organization accounting and auditing process with it's specified objectives in compliance with laws, regulations and policies.
Here are the four purpose of internal control;
a) Physical safeguard & security; this is to ensure that physical assets and information have a controlled asses, and it's not easily assessible by anyone.
b) Accuracy: this is to ensure that all transactions are accurate when records are checked with the source of information where the transaction took place and the time it occurred.
c) Segregation of duties; this ensures that one individual cannot have access to the recording of information and processing of transaction.
d) Handling errors; this ensures that errors are checked at any stage with transaction occurred with corrections also made
Answer:
I am given a chart with income and tax for three years. How do I find marginal tax rate?
it is calculated by dividing the difference in tax by the amount of income from the investment.
From the above formula, Marginal tax rate is correctly calculated
Explanation:
Your answer is c according to my teacher
Heya
the ans is to the passengers or the person who was driving.
thank u