Economic bads for which the desired quantity is less than what nature provides at a zero price.<span>
Those are items people would pay to avoid or get rid of. They are</span><span> the opposite of an </span>economic<span> good</span><span>
Examples of economic bads include: pollution, noise, unhealthy food, risk, losss of resources,...</span>
Question:
Which of the following management responsibilities is the managerial accountant using in this example?
Answer:
Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.
Answer:A.One individual was born with more muscle fibers.
Explanation:
Muscle fibers are fibers that helps us break down the protein in our body and protein are the actual muscle makers .
If someone is born with muscle fibers his body breaks up these protein faster that the normal individual which makes their muscles build up faster than a normal person .
Answer:
A. The accounting department prepares a shipping report authorizing the shipment of goods
Explanation:
Internal control over sales is part of the audit procedures for the sales and collection cycle. Its purpose is to control the entire sales process so that there is no alteration in the related activities or in the documents associated with them. This type of control establishes parameters to disaggregate the tasks in several people, creates verification mechanisms so that the products delivered will be those already registered and controls that the goods or services are only delivered to customers with a good credit score.
According to the above, the response that shows an effective internal control over sales transactions is the A, since it establish a list of products authorized to ship, creating a control over the procedure avoiding errors that may appear.
