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3 years ago

Proper segregation of functional responsibilities calls for separation of:

Business

1 answer:

lesantik [10]3 years ago

7 0

Answer:

C. authorization, payment, and recording.

Explanation:

This is on the principle of segregation of duties as a measure of internal controls. This principle requires that duties are properly separated to ensure that the risk of misstatement and misrepresentations due to fraud or error are mitigated.

For a good system of internal control for which the principle of segregation of duties is applied, one person should not be allowed to initiate, authorize, pay and record transactions. This is to ensure that errors or acts of fraud made by one party involved in the process is prevent, or detected by another and is corrected.

As such, the right option is C. authorization, payment, and recording.

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A firm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. Because interest is tax deductible, t

gayaneshka [121]

Answer:

The blank spaces are not easy to spot here but I found a similar question with their correct locations. The answers for each blank will be as follows respectively;

new; new ; after-tax cost of debt ; after-tax cost of debt ; after-tax cashflows; new debt; not outstanding debt ; irrelevant ;new capital; yield to maturity; coupon rate; yield to maturity; long term debt ; long-term projects.

Explanation:

The cost of new debt is the before-tax cost of debt and does not reflect the cost of outstanding debt. Interest paid on the new debt is tax-deductible and that's why you calculate the after-tax cost of debt to use in the firms WACC formula. Since the main goal of a business managers is to increase a firm value, you use the after tax cashflows to valuate the business. Additionally, the cost at which the firm borrowed in the past is irrelevant in WACC calculation because the cost we need to know is of the new capital.

7 0

3 years ago

Sony, a firm once synonymous with portable music, has ceded its market dominance to Apple because:

Kisachek [45]

Answer: c. it failed to take advantage of opportunities presented by Moore's Law.

Explanation:

Moore's law is states that the number of transistors in a dense integrated circuit doubles roughly every two years.

The observation got its name after Gordon Moore, the co-founder of Fairchild Semiconductor and CEO of Intel, whose paper in 1965 showed a pattern of doubling every year in the number of transistors per integrated circuit, and he predicted that this rate of growth would continue for at least another decade.

In 1975, he reviewed the forecast to doubling every two years, at a compound annual growth rate of 41.4percent.

Apple were able to take over the portable music market because they made they products such as the ipods, the iPhone, the iPad, and the MacBook smaller and very effective to use. This qualities endeared the Apple products to the consumer market, making apple products to swiftly replace the Sony portable players.

7 0

3 years ago

On Amazon, when the customer is ready to make a purchase, the database ____ manages the entire process

UkoKoshka [18]

Answer:

Management system

Explanation:

A database management system which is abbreviated as DBMS, is a system software which is used for creating as well as managing databases. DBMS provides the users and the programmers with systematic way to create, update, retrieve and manage the data.

DBMS makes possible for the end users to read, create, delete and update data in the database. DBMS serves essentially as an interface between database and the end users or application programs and also ensures that the data is consistently organized as well remains accessible easily.

4 0

3 years ago

If Sue has a contribution margin per unit of $5, which of the following unit price and unit variable costs would apply

Mumz [18]

Answer:

The correct answer is D. Unit Price of US$10, Variable unit costs of US$5.

Explanation:

1. Let's remember the definition of contribution margin.

The contribution margin of any company is the difference between sales volume and variable costs. Or to put it other words: the contribution margin is the benefits of a company, regardless of fixed costs.

Fixed costs are costs that don't vary with the volume of production. Some examples are rent, some insurances and salaries. Variable costs, on the other hand, are those that change with a variation in the volume of production.

Contribution margin = Sales - Variable costs

2. Let's find out the unit price and the variable costs, if the contribution margin of Sue is US$ 5 per unit:

Option A: Price per unit = US$ 5 and Variable costs = US$ 10.

So, the contribution margin is 5 - 10 = - 5. These values don't apply to Sue's business.

Option B: Price per unit = US$ 10 and Variable costs = US$ 10.

So, the contribution margin is 10 - 10 = 0. These values don't apply to Sue's business.

Option C: Price per unit = US$ 20 and Variable costs = US$ 10.

So, the contribution margin is 20 - 10 = 10. These values don't apply to Sue's business.

Option D: Price per unit = US$ 10 and Variable costs = US$ 5.

So, the contribution margin is 10 - 5 = 5. These values apply to Sue's business.

4 0

3 years ago

Which of the following is more likely to be subjected to price control? A. Leather garmentsB. Mobile phone accessoriesC. Aspirin

lorasvet [3.4K]

Answer:

The correct answer is option C.

Explanation:

Price control or price ceiling can be defined as a type of price control in which the upper limit is fixed for the price of certain goods and services. The price ceiling is imposed on products which are necessities. Higher prices of these products are likely to increase dis-utility. The price ceiling is used to make necessities affordable to people.

Among all the goods mentioned above aspirin and antacids are necessary items. The rest of the goods are luxury items, they are not basic necessities. So price control is most likely to be used on aspirin and antacids.

8 0

3 years ago