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Butoxors [25]
2 years ago
10

_____ refers to the practice of ensuring that an organization's systems operate within required legal constraints, and organizat

ional obligations.
Business
1 answer:
NeX [460]2 years ago
4 0

Compliance refers to the practice of ensuring that an organization's systems operate within required legal constraints, and organizational obligations.

<h3 /><h3>What is Compliance?</h3>

Compliance as used by Government,Industry and Business  is  defined  as the  state or practice of following  established guidelines or specifications so as to align with the Specific standard of operation and  procedures.

Some Regulatory compliance examples includes:

  • Health Insurance Portability and Accountability Act (HIPAA)
  • Federal Information Security Management Act (FISMA)
  • Occupational Safety and Health Administration (OSHA).

It is therefore pertinent that Business and organisation adhere to specific guidelines to ensure smooth running of such organsations.

See more about Compliance: brainly.com/question/10555177

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Productivity is the
Lunna [17]

Answer:

The correct answer is option a.

Explanation:

Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.  

Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.

5 0
3 years ago
A way of buying, in which you can purchase goods or services and pay later, is called:
Trava [24]
A credit Xdxdxxdxdxdxd
5 0
3 years ago
Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is
marin [14]

Answer:

The correct answer is B.

Explanation:

Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).

Net sales = $325,000

Cost of Sales = $240,500

Therefore we have;

$325,000 - $240,500

=$84,500

Gross profit ratio is (Gross profit/net sales) x 100%

($84,500 x $325,000) x 100%

26%

6 0
3 years ago
Journalize the following transactions in the accounts of Arizona Interiors Company, a Restaurant Supply Company that uses the al
emmasim [6.3K]

Answer:

May 1

Dr Cost of merchandise sold $9,600

Cr Merchandise inventory $9,600

Aug. 30

Dr cash $2,800

Dr Allowance for doubtful accounts $10,600

Cr accounts receivable-peking palace co $13,400

Dec. 8

Dr Accounts receivable - peking palace co $10,600

Cr Allowance for doubtful accounts $10,600

Explanation:

Preparation of the journal entries in the accounts of Arizona Interiors Company

May 1

Dr Cost of merchandise sold $9,600

Cr Merchandise inventory $9,600

Aug. 30

Dr cash $2,800

Dr Allowance for doubtful accounts $10,600

($13,400-$2,800)

Cr accounts receivable-peking palace co $13,400

Dec. 8

Dr Accounts receivable - peking palace co $10,600

Cr Allowance for doubtful accounts $10,600

6 0
3 years ago
Situation analysis is an ongoing process, referred to as __________.
Veronika [31]
<span>The answer is 'scanning the environment'. Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats.</span>
3 0
3 years ago
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