Yes audit service is needed in the Union government of this school called Auchi polytechnic.
What is audit?This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.
It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.
It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.
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Uncertainty refers to situation when there is more than one possible outcome to decision and where the probability of each specific outcome is not known what is the reason behind of this ?
A risk is behind the uncertainty that means situation when there is more than one possible outcome to decision and where the probability of each specific outcome is not know.
What is a risk?This refers to the chance either high or low that any hazard will actually cause somebody harm.
For instance, the act of working alone away from your office can be a hazard and the risk of personal danger may be high.
It is true that uncertainty that means situation when there is more than one possible outcome to decision and where the probability of each specific outcome is not know, but a risk is behind tne situation.
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How did Alexander and successors spread Greek culture through the Hellenistic world? Give me a short answer
Answer:
Alexander and his successors spread Greek culture by founding several dozens of new cities based on Greek cultural background in conquered areas. They inhabited those cities with Greek soldiers, philosophers, merchants, and scholars, and they encourage them to marry women from different cultures.
Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.
Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called "Universal Basic Income."
What is Universal Basic Income?A proposed government guarantee of a monthly payment to every citizen is known as universal basic income. Its goal is to guarantee that everyone has the resources to buy needs and raise their standard of living.
Some key features of universal basic income are-
The fundamental concept under an universal basic income is to allocate tax revenue to fund programs that pay everyone who lives under that government's control. To fund this scheme, a state or the federal government could divert a set amount of tax revenue, which would then be distributed to the locals.For instance, the payment system linked to a nation's economic output is suggested by economist Kalle Moene & Debraj Ray. According to their estimates, between 10 and 12 percent of the gross domestic product may be allocated to universal income transfers. Payments would fluctuate according on the level of income and inflation in the nation under this arrangement.To know more about Universal Basic Income, here
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. The top ten stocks constitute what percentage of the overall fund?
a. 10.8%
b. 12.6%
c. 29.1%
d. 31.4%
The top ten stocks constitute the percentage of the overall fund c. 29.1%
What does a stock consist of?
A stock, also learned as equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares" which permits the owner to a proportion of the enterprise's assets and profits equal to how much stock they own.
What are quality stocks?
Quality companies have higher profitability with a history of stable business performance over time and have the economic strength to be able to invest for the long term. The best performing grade stocks are also those that have good track records of producing surplus cashflows to shareholders.
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child find provides quality child care for children who qualify for benefits under the individuals disabilities education act (idea).
true or false
Answer:
iiiikiopppoooooo1.6.1 suggest practical solutions on how any five of the youth risk behaviours which you have investigated can be addressed /reduced (10)
False. Child Find is a component of the Individuals with Disabilities Education Act (IDEA) that focuses on identifying and evaluating children with disabilities who may be in need of special education services. It does not provide child care services but rather assists in identifying children who may require special education support.
IDEA, which stands for Individuals with Disabilities Education Act, is a federal law in the United States that ensures children with disabilities have access to a free appropriate public education (FAPE) that meets their unique needs.
The IDEA guarantees certain rights and services to eligible students, including the provision of individualized education programs (IEPs), related services, and accommodations. It also mandates that students with disabilities be educated in the least restrictive environment possible, promoting inclusion and equal opportunities.
The IDEA aims to support and empower students with disabilities to reach their full potential and participate fully in education and society.
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From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
There are three components in any integrated marketing communication approach: the Consumer Being Targeted, the channels through which the statement is communicated, and evaluation of the results of the communication.
Integrated marketingIntegrated marketing is the process of unifying all elements of marketing communication — such as advertisement, PR, and social media — and utilizing their respective mix of media, channels, and tactics to produce a seamless and customer-centric experience.
Integrated marketing communications is the technique by which a company provides different promotional methods within a marketing campaign are clear, constant and working toward the same goal.
IMC strategy include:
Traditional and online earned media.Advertising.Online marketing including email marketing.Content marketing and social media marketing.To learn more about Integrated marketing visit the link
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Question 10 of 20
Which situation best describes a monopoly?
A monopoly expresses a market situation where one company owns all the market share and can control prices and output.
What are some instances of a monopoly?A monopoly is a company who is the sole seller of its product, and where there are no comparable substitutes. An unregulated monopoly has market control and can influence prices. Examples: Microsoft and Windows, DeBeers and diamonds, your local crude gas company.
What forces monopoly?Monopolies can occur when one business owns a key resource. These are typically physical resources, such as diamonds. For example, if there is only one diamond abundance in the country, the business that owns it will be able to gain a monopoly.
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Why is it important to keep personal finances separate from business finances?
Answer:
Perhaps the most important reason to separate personal and business finances is for tax purposes. As a business owner, you're allowed to deduct business-related expenses like travel and supplies. To claim these deductions, you must have proper supporting documentation. Keeping your business assets separate from your personal finances can be a liability and help protect your assets in the case of any legal actions.
The only way to decrease your lifestyle budget is by completely eliminating an item.
Answer:
everything just stop spending
Explanation:
if you dont buy things then as a result of abstaining from spending money you will result in having more money
Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.
What is fraud ?
Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.
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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.
The impact to likely have on the average inventory in the process is "because larger batches take longer to complete, average inventory will rise."
What is average inventory?An estimation of the worth or quantity of a certain commodity or group of goods over two or more prescribed time periods is known as average inventory.
Some key features of average inventory are-
By combining the beginning and final inventory values throughout a specific time period, average inventory is indeed the arithmetic mean of inventory during that time frame, which may differ from the average price for the same data set.The median price for the same set of data may differ from the average inventory, which is the sample mean of a stock during a specific time period.When examining overall sales volume, average inventory statistics can be used as a benchmark, enabling a company to monitor inventory losses.A business can keep inventory from the most recent purchase by using moving average inventory.Because it enables them to more effectively manage its costs, sales, or business connections, inventory administration is an important success factor for businesses.To know more about average inventory, here
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What is the weighted average cost of capital if a business has a cost of equity of 12%, a cost of debt
of 10%, tax rate of 25%, 20 million market value of debt, and 60 million market value of equity?
0000
10.4%
9.8%
11.5%
10.9%
Page 5 of 20
To calculate the weighted average cost, divide the total cost of goods bought by the numeral of units available for sale. To find the cost of goods available for sale, you'll need the total amount of beginning products and recent purchases.
What is the weighted average cost method?
In accounting, the Weighted Average Cost (WAC) method of inventory valuation uses a weighted standard to determine the amount that goes into COGS and inventory. The weighted middle cost method divides the cost of goods available for sale by the number of units available for sale
How do you calculate the weighted moderate cost of capital?
WACC is calculated by multiplying the cost of each money source (debt and equity) by its appropriate weight by market value, and then adding the outcomes together to select the total.
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Does Audit services needed in Auchi polytechnic student union government? If yes,why
Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
.
What is the student union?The student union is known to be a body that is composed of student of any university, polytechnic or college institution.
It is known to be a body that is autonomous and one whose internal life set up its own by-laws.
Note that the student unions are often allocated funds by the university or polytechnic and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.
Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
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Your firm's strategic plan calls for a net increase in total assets of $100 million during the next five years, which represents an annual compounded growth rate of 15%. Equity growth is also projected to be 15% per year. Assume that the firm's Total Asset Turnover will average 1.0 in each of the five years and Equity Financing percentages will remain constant at 50%. The firm projects Reported Income Index values to be 0.85 each year. What is the required Total Margin that will make this plan financially feasible?
The required Total Margin that will make this plan financially feasible is: 6.38%.
Total marginFirst step is to calculate the return on equity using this formula
Return on equity=Income index×Growth rate
Let plug in the formula
Return on equity=0.85×15%
Return on equity=12.75%
Second step is to calculate total margin using this formula
Return on equity (ROE)=Total equity×Total asset turnover×Asset/Equity
Let plug in the formula
12.75%=Total equity×1×1/0.50
12.75%=Total equity×1×2
12.75%=Total margin×2
Total margin=12.75%/2
Total margin=6.375%
Total margin=6.38% (Approximately)
Therefore the required Total Margin that will make this plan financially feasible is: 6.38%.
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I need variable for this topic: the Impact of occupational safety management on worker’s productivity all the one i have I was told they are not good enough ones so I need more please, I need variable for but the independent variable which is occupational safety management and the dependent which is workers productivity thank you
Answer:
Productivity improves safety and quality. Carelessness is often what begets safety issues. With the appropriate (and productive) safety processes, safety can be improved, and quality can be improved as well. The more productive employees are, the less likely they are to cut corners on things like safety processes
Question 6 of 20
What is one type of federal financial aid the Free Application for Federal
Student Aid (FAFSA) will identify for you?
OA. Pell grants
B. College Scholarship Service aid
O C. Academic merit scholarships
OD. Private loans
SUBM
The type of federal financial aid, the free application for federal student aid will identify for you is Pell grants.
What are Pell grants?The Pell Grant is a subsidy limited to students with financial needs. The Pell grants are usually awarded to undergraduate students who have not earned their first bachelor's degree, or who are enrolled in post-graduation programs. Based on your answers on the free application for federal student aid, you will get the Pell grants.
The Pell grant application process exists identical to any federal financial aid process—you require to complete the Free Application for Federal Student Aid (FAFSA). The U.S. Department of Education specifies your Pell Grant eligibility based on your answers on the FAFSA.
A Pell Grant exists money the government furnishes for students who need it to pay for college. Grants, unlike loans, do not maintain to be repaid. Eligible students acquire a specified amount each year under this program.
Therefore, option A is the right answer.
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What must you know in order to serve alcohol responsibly and legally in all situations?
O a. Know your products, know your customers, and know how to say "no"
O b. Know the law, know your coworkers, and know how to read
O c. Know how to make a martini, know your customers, and know how to count
O d. Know the law, know your customers, and know how to say "no"
Imagine that a country has 170.2 million people employed, 12 million people unemployed, and 4.3 million people in prison. what is the country's unemployment rate?
Imagine that a country has 170.2 million people employed, 12 million people unemployed, and 4.3 million people in prison. What is the country's unemployment rate? [(12) ÷ (12 + 170.2)] × 100 = 6.6%.
being engaged. job; occupation; profession; work. Number or percentage of employees. Employment is defined as what you do as paid work. An example of employment is working in a coffee shop.
Employers hire workers. The form of employment is employment. More specific use of employment is as a noun meaning employment or service. This meaning of the word is most often used in phrases such as employment.
Being employed means someone has given you a job. Since this is passive, we use "of" (eg. Stephen's father hired me last week = I was Employed by Stephen's Father last week).
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To arrive at operating cash flows, you should start with _______, _______ non-cash items and then adding or subtracting changes in working capital.
To arrive at operating cash flows, you should start with net income, adding non-cash items and then add or subtract changes in working capital.
A measure of the amount of money made by a company's regular business operations is called operating cash flow (OCF). Operating cash flow shows if a business can produce enough positive cash flow to support and expand its operations; if not, it may need outside finance for capital growth.
An essential metric for assessing the financial performance of a company's main business operations is operating cash flow.
A cash flow statement's opening part, which also contains cash from investing and financing activities, shows operating cash flow.
The indirect method and the direct approach are both ways to show operating cash flow on a cash flow statement.
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Answer: Net Income, Adding Non-cash Items
Explanation:
The human ecosystem, composed of trillions of organisms in the human body, is understood as what? a system of discrete, biological entities a useful way to collect microbes used for the treatment of other diseases a potentially lethal collection of bacteria a complex microbiome
The human ecosystem, composed of trillions of organisms in the human body, is understood as biological entities.
What is biological entities?The human ecosystem consist of everything that makes up the human environment which is called human entities.
This entities help adequate functioning of this system by working together.
This include microorganisms such as Bacterial and fungi, plants and animal which are important in successful existence of human.
Therefore, The human ecosystem, composed of trillions of organisms in the human body, is understood as biological entities.
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All choices can have unintended consequences. When those outcomes affect someone who had no part in the initial choice, what is it called?
O Free market
O Free resource
O Eminent domain
O Externality
When unintended consequences affect someone who was not part of the initial choice, it is known as an externality.
What is an externality?Externality is when the economic activities of economic agents have an effect on people who are not part of the consumption or production activity. Externality can either be positive or negative.
Positive externality occurs when the benefits to third parties not involved in production is greater than the cost. An example of an activity that generates positive externality is planting trees.
Negative externality occurs when the cost of economic activities to third parties not involved in production or consumption of a good is greater than the benefits. An example of an activity that generates negative externality is smoking.
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Answer:
Externality
Explanation:
Got a 100% on the test.
If the complement of a probability p'(x) = 0.25, what is the probability
The answer is 0.75.
When taking the compliment, remember it is always of the form :
1 - p'(x) or 1 - p(x)
Hence,
1 - 0.250.75Monument Health buys $400,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers Monument terms of 1/5, net 15. Currently, the hospital is paying the supplier the full amount due on Day 15, but it is considering taking the discount, paying on Day 5 and replacing the trade credit with a bank loan that has a 12 percent rate. Assume 360 days per year.
1. What is the amount of free trade credit that the organization obtains from Cardinal Health? Format is $xx,xxx.xx
2. What is the total amount of trade credit offered by Cardinal? Format is $xx,xxx.xx
3. What is the approximate annual cost of the costly trade credit? Format is xx.xx%
4. Should the organization replace a portion of the trade credit with the bank loan? Format is Yes or No
5. If the bank loan is used, how much of the trade credit should be replaced?
1. The amount of the free trade credit that Monument Health obtains from Cardinal Health is $400,000.00.
2. The total amount of trade credit offered by Cardinal is $404,000.00.
3. The approximate annual cost of the costly trade credit is 72%.
4. No. Monument Health should not replace a portion of the trade credit with a bank loan.
5. If the bank loan is used, the trade credit should be replaced by $133,333.00.
What is trade credit?Trade credit is a business arrangement that allows the buyer to buy goods in exchange for later payment.
Giving trade credit is costly to the seller but profitable to the buyer, especially with the offer of cash discounts.
Data and Calculations:Gross prices = $400,000
Terms of trade = 1/5, net 15
Bank loan = $400,000
Loan interest rate = 12%
Days per year = 360 days
Cost of Trade Credit for 5 days = $4,000.00 ($400,000 x 1%)
Annualized cost = 72% (1%/5 x 360)
Cost of bank loan for 10 days = $1,333.33 ($400,000 x 12% x 10/360)
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Define individual and market demand.
Answer:
Individual demand is influenced by an individual's age, sex, income, habits, expectations and the prices of competing goods in the marketplace. Market demand is influenced by the same factors, but on a broader scale – the taste, habits and expectations of a community and so on.From the buyers point of view the best quality is
Answer:
Buyer's point of view of the best quality of a product is based on its differentiation and competition. Therefore the product that has the best quality is the one which satisfies buyer's needs when used.A product or service's inherent qualities are those that were designed to meet the needs, expectations, and requirements of its customers. Physical and functional traits like size, weight, capacity, speed, dependability, portability, taste, etc.
Why quality is important?Customers will look for alternatives if a company doesn't live up to their expectations. Customers must be satisfied in order to keep their loyalty and their willingness to purchase in the future.
Businesses can lower costs associated with product returns, defects, and losses through product quality control. Customers frequently purchase more from brands they are familiar with and trust. Assuring product quality will help customers become familiar with your brand, motivate them to purchase your goods, and boost your revenue.
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Consider the following information regarding Ariadne Fiberworks and the planned acquisition of a new weaving loom. The loom will cost 269,000 and will be fully depreciated over 12 years using straight-line depreciation. Operating cash flows in year 1 are anticipated to be 30,910 and will grow at 3.6% per year thereafter, and the initial investment in net working capital of 17,350 will be maintained throughout the life of the project. Assuming a 12-year life, the anticipated incremental cash flows in year 12 at the end of the project are:
Based on the operating cash flows to Ariadne Fiberworks, the net working capital, and the life of the project, the anticipated incremental cash flows in year 12 would be $62,959.61
What is the anticipated incremental cash flows?The anticipated cash flow in year 12 would be:
= Operating cash flow in year 1 x (1 + 3.6%)¹¹
= 30,910 x (1 + 3.6%)¹¹
= $45,609.61
The incremental cash flow would be:
= Anticipated cash flow + working capital
= 45,609.61 + 17,350
= $62,959.61
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Which one of the followiWhich one of the following is not the element of quality of work life?
Select one:
a. Authority to do things your way
b. Safe and healthy condition
c. Legalised labour relations
d. Sufficient and fair compensationng is not the element of quality of work life
One of the following statement that is not the element of quality of work life is: a. Authority to do things your way.
Quality of Work-Life?Quality of Work-Life is the activities a person involved themselves in an work environment that has positive impact on them and as well help to shape the organization them work with which inturn enhanced their overall well being leading to quality work life.
Quality of work life is paramount for all employee or workers when it comes to workers working environment, Career Prospects, working conditions, remuneration, rewards and benefits etc.
Therefore One of the following statement that is not the element of quality of work life is: a. Authority to do things your way.
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When using a recovery device manufacturered after November 15 1993 the recovery level for type I appliances is
The recovery level for type I appliances is
80 percent of the system charge if the compressor is nonoperational90 percent if the compressor is operation.What is a recovery level?This refers to the maximum tolerable length of time that appliance can be down after a failure.
Most time, for type I appliances, the recovery level for type I appliances is 80 percent of the system charge if the compressor is nonoperational and 90 percent if the compressor is operation.
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An economy produces only apples and oranges. The base year is 2012, and the table gives the quantities produced and the prices
The Real GDP in 2010 is $2,400 and the nominal GDP in 2010 is less than $2,400. Thus, Option (C) is correct.
The formula for real GDP is:
[tex]~$Real GDP = Quantity of apples (Year) * Price of apples (Base Year) + Quantity of oranges (Year) * Price of oranges (Base Year)[/tex]
Using the data provided:
Base Year (2012):
Price of apples (Base Year) = $4
Price of oranges (Base Year) = $3
Year 2010:
Quantity of apples (2010) = 300
Quantity of oranges (2010) = 400
Price of apples (2012) = $4
Price of oranges (2012) = $3
Now, let's calculate the real GDP for 2010:
[tex]~$Real GDP 2010 = 300 * \$4 + 400 * \$3[/tex]
[tex]~$Real GDP 2010 = \$1200 + \$1200[/tex]
Real GDP 2010 = $2400
So, the real GDP in 2010 with the base year 2012 is $2400.
To find the nominal GDP in 2010, one can use the prices and quantities from that year:
[tex]~$Nominal GDP 2010 = Quantity of apples (2010) * Price of apples (2010) + Quantity of oranges (2010) * Price of oranges (2010)[/tex]
[tex]~$Nominal GDP 2010 = 300 * \$2 + 400 * \$2[/tex]
[tex]~$Nominal GDP 2010 = \$600 + \$800[/tex]
Nominal GDP 2010 = $1400
So, the nominal GDP in 2010 is $1400.
Thus, Option (C) i.e. $2,400; less than $2,400 accurately matches with the data given.
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Suppose an economy produces only apples and oranges, and the prices and quantities of each are given in the table below.
Year Price (oranges) Quantity (oranges) Price (apples) Quantity (apples)
2010 $2 400 $2 300
2012 $3 800 $4 1200
Assuming that 2012 is the base year, real GDP in 2010 is _____ and nominal GDP in 2010 is _____.
a. $2,400; more than $2,400
b. $4,000; more than $4,000
c. $2,400; less than $2,400
d. $4,000; less than $4,000
e. none of the above
Write up to 500 word describe why business comunication play a important role in business major.
Business comunication main purpose is to improve organizational practices, eliminate silos, keep employees informed and reduce errors.
What is Business comunication?Business communication is the exchange of information between personnel both inside and outside of an organisation. The manner in which employees communicate and conduct themselves within a firm is critical to the company's success in the commercial world.
Business communication is critical for conveying clear, compelling signals about strategy, customer service, and branding. A company that is developing a brand sends out a consistent message that is suited to its target audience. Internal communication fosters rapport between employees and management while also encouraging teamwork and collaboration.
Clarity is a rule that every business must follow. Clarity is the first and most important rule of all business communication. The ideals of brevity and objectivity underpin business communication. The goal of business communication should always be consistency.
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