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Alex_Xolod [135]
3 years ago
6

Vaughan Services hires a new accountant to maintain its petty cash fund. Although the employee possesses an accounting​ degree,

he/she had been previously convicted of embezzlement. Which internal control procedure needs to be addressed in this​ situation?
Business
1 answer:
timama [110]3 years ago
5 0

Answer: Competent, reliable, and ethical personnel.

Explanation:

Vaughan Services needs to follow competent, reliable and ethical personnel procedure to addressed this type of situation.

Competent characteristic tell us about the employee skills, knowledge and capability or ability of doing some work successfully.

Reliable characteristic tell us about the employee performance, quality and trustworthy or not.

Ethical personnel tells us about the employee's behavior towards the other people, responsibilities towards work and how much he is committed towards work.

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The Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.
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Answer:

True

Explanation:

Industrial Revolution can be regarded as transition from old to the new manufacturing processes which begins from some part of the world such as

Europe and United States, within some period from of 1760 and it's improving up till date. Some of the causes of Industrial Revolution are development of trade as well as the rise in business activities. It should be noted Industrial Revolution brings about the use of production processes dependent on new machines and interchangeable parts.

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3 years ago
One way that technological innovation has changed business is by decreasing the use of
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Nadusha1986 [10]

Answer:

C. MACRS depreciation expense.

Explanation:

Material participation in an income-producing activity. That is, an activity that is regular, continuous, and substantial leading to income-producing actions, in which the taxpayer materially participates is an active income or loss.

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3 years ago
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stiks02 [169]

Answer:

through this PESTLE Analysis for L’Oreal, the cosmetics and skincare giant, you now have an idea of where the brand currently stands in terms of business.

A brand as prestigious as L’Oreal, with such a rich history behind it, truly is inspiring especially because they managed to lead the market for over 100 years. It really boggles your mind to think they’ve made a century.

The brand although in no way is under even the slightest suspicion of extinction, they still have to work on correcting a few wrongs, the most important of which is completely eliminating animal testing. That will never be brushed under the rug. They also need to be very cautious of the contributing people in their supply chain so as to eliminate all sorts of slavery. They should develop a concrete policy on their use of toxins as well.

You will never be able to view a company in a full 360-degree perspective until you focus on understanding the various macro-economic factors that affect it. These factors play a very big role in shaping up the company’s overall performance. A PEST Analysis will help you not only in the identification but a thorough explanation of all of these factors

PESTLE is simply an acronym for political, economic, socio-cultural, technological, legal, and environmental analysis, which helps one in understanding where a company stands in depth.

You are more than welcome to visit our website if you wish to teach yourself how to work on a PEST analysis. We have all the detail you would need for comprehending the entire process. In fact, for those of you who wish to put their knowledge to practice, we even have the perfect PESTLE Analysis template for you to make things faster.

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True or False? In order for a SWOT analysis to be successful, it is critical to focus on business processes that met customer ne
romanna [79]

Answer: True.

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