Internal control consists of plans to
enhance the reliability of accounting data. enhance the accuracy of accounting data.courage adherence to company policies and procedures.Internal control is the name given to the set of business policies that are designed to guard the belongings of the commercial enterprise, prevent fraud, and ensure that the enterprise operates successfully.
The five additives of internal control are: manipulate the environment, threat assessment, manipulate interest, statistics and Communications, and monitoring. The additives of inner management represent the way utilized by an entity to help acquire its objectives.
The seven internal control strategies are separation of duties, getting right of entry to controls, bodily audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.
Learn more about Internal control here: https://brainly.com/question/26398073
#SPJ1
Why would a contract for deed (installment sale contract) be attractive to certain buyers?
A contract for deed (installment sale contract) is attractive to certain buyers because buyers can only make a small down payment with monthly installments. The Contract for Deed does not require conveyance (transfer) during the same year, but it often must meet certain requirements.
Installment Sales Contract refers to the associated fixed-rate retail installment sale contract for the purchase of machinery or equipment with relation to any relevant Receivable. Any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy residential real estate,
in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller retains an interest or security for the purchase price or otherwise in the property, is referred to as an "installment sales contract" or simply as "contract."
Learn more about installment sales contract here:
https://brainly.com/question/24178410
#SPJ4
Most leadership training programs concentrate on developing, maintaining, or enhancing individual attributes. this most accurately is an example of__________.
Most leadership training programs concentrate on developing, maintaining, or enhancing individual leader attributes. this most accurately is an example of leader development.
Although leader development does not have a single theory that it is based on, development theory draws on two components of development: learning and change. Learning is founded on two traditions: behaviorism, which advocates a permanent change in behavior after experience.
A leader cannot evolve without change taking place since development is a kind of change. Learning is the achievement of a lasting change in a person as a result of practice or experience, which in turn promotes change and development.
To learn more about leader, click here.
https://brainly.com/question/15176246
#SPJ4
Assume a project has normal cash flows. according to the accept/reject rules, the project should be accepted if the?
Assume a project has normal cash flows. According to the accept/reject rules, the project should be accepted if the: IRR exceeds the required return.
Internal rate of return (IRR) is a metric used in financial analysis to estimate the potential profitability of an investment. The IRR is the discount rate that drives the net present value (NPV) of all cash flows to zero in discounted cash flow analysts. This suggests that an expected angel investment IRR of at least 22% is considered a good IRR. The higher
the project's projected IRR and the higher the amount above its cost of capital, the more net cash the project brings to the firm. So in this case the project appears to be profitable and management should go ahead with it.
Learn more about IRR here
https://brainly.com/question/15933534
#SPJ4
A company can increase its growth rate by taking goods or services developed at home and selling them internationally. the returns from such a strategy are likely to be greater if?
A company can increase its growth rate by taking goods or services developed at home and selling them internationally. the returns from such a strategy are likely to be greater if competitors in the nations where a company enters lack comparable products.
What is Growth rate?Growth rates are the percentage changes in a given variable over a certain period of time. Growth rates are often calculated as the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro terms like gross domestic product (GDP) and retail sales for investors.What kind of growth rate is that?A growth rate that is negative indicates a decline in value. For instance, there were 11.9 million fewer manufacturing employment in the US in 2012 than there were in 2002, a -22.2 percent growth rate. A quantity's growth rate over a single year is called an annual growth rate.Learn more about growth rate here:
https://brainly.com/question/13870574
#SPJ4
What is the effect on the money supply when you transfer $15,000 from your checking account to your savings account?
The Right and Valid Response is Option E i.e
Decrease M1; no effect on M2
M1 money supply includes those moneys that are very liquid such as cash, checkable (demand) deposits, and traveler's checks.
M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.
What is money supply ?The money supply is the total amount of money—cash, coins, and balances in bank accounts—in circulation. The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments.To learn more about money supply, click the links.
https://brainly.com/question/3625390
#SPJ4
Correct Question - What is the effect on the money supply when you transfer $15,000 from your checking account to your savings account?
A) Decrease M1; increase M2
B) Decrease M1; decrease M2
C) No effect on M1; increase M2
D) No effect on M1; no effect on M2
E) Decrease M1; no effect on M2
After a customer has purchased a refrigerator, he was offered free delivery, installation, financing, and warranty. this is known as the _________
After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.
What is an Augmented product?An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.
Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.
What is a product?A product is an item that can be offered for sale.
Who is the customer?A customer buys the product to consume.
To know more about Augmented Product visit:
https://brainly.com/question/28017400
#SPJ4
Suppose you are willing to pay $3 for an ice cream cone. the price at the local creamery is $1. 75. what is your consumer surplus?
Answer:1.25
Explanation:thats how much more you would of been willing to pay
Weighted shortest job first gives preference to jobs with which two characteristics? (choose two. )
Weighted Shortest Job First gives preference to jobs with characteristics such as, first, the size of the project (smaller is better) Second, the value of the project (higher is better).
In order to determine a relative ranking, Weighted Shortest Job First (WSJF) uses a technique for assigning a weight, or value, to each job, and then by dividing that by the length of the job. It also gives preference to jobs with characteristics such as the size and value for a project.
Weighted Shortest Job First is a prioritization model used to sequence jobs eg., capabilities, features, and epics in order to produce maximum economic benefit.
Hence, WSJF prefers such characteristics.
To learn more about a project here:
https://brainly.com/question/14546345
#SPJ4
The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.
Free trade refers to a condition in which a country does not attempt to limit what its citizens can buy from or sell to another country.
Free tradeThey can extend new markets, increase gross domestic product, and invite new acquisitions.Countries must negate the domestic advantages of free trade agreements with their results.
Under a free trade policy, goods and services can be purchased and sold across international borders with little or no government tariffs, quotas, grants, or prohibitions to inhibit their exchange. The idea of free trade is the opposite of economic isolationism.
To learn more about economic isolationism visit the link-
https://brainly.com/question/10663307
#SPJ4
In double-stranded dna, the amount of a equals that of t and the amount of c equals that of g because:______
In double-stranded DNA, the amount of a equals that of t and the amount of c equals that of g because the strands have complementary sequences of bases.
Deoxyribonucleic acid (abbreviated DNA) is a molecule that consists of genetic information for the development and functioning of an organism. DNA is fabricated from related strands that wind around every different to resemble a twisted ladder — a shape known as a double helix.
DNA is manufactured from chemical constructing blocks called nucleotides. these building blocks are made from three elements: a phosphate group, a sugar institution, and one in all four varieties of nitrogen bases. To form a strand of DNA, nucleotides are related into chains, with the phosphate and sugar organizations alternating.
DNA is the information molecule. It stores instructions for making different large molecules, called proteins. those commands are saved internal every one of your cells, dispensed among 46 long systems called chromosomes. These chromosomes are made from thousands of shorter segments of DNA, referred to as genes.
Learn more about DNA here https://brainly.com/question/21265857
#SPJ4
When the fair value of an investment in debt securities exceeds its amortized costs?
Debt securities (bonds) classified as held-to-maturity are reported at amortized cost. Debt securities classified as available for sale are reported at fair value.
What do debt securities represent?
An obligation to pay back borrowed funds is represented by debt security. The terms of the debt security specify the amount of the loan, the interest rate, and the maturity or renewal date.
What is amortized cost?
The accumulated fraction of a fixed asset's recorded cost that has been charged to expense through either depreciation or amortization is known as the amortized cost.
Why is fair value different from amortized cost?
In contrast to amortized cost, the fair value of an asset or liability does not take depreciation and amortization into account. Similar to this, businesses may reevaluate the fair value of their assets or obligations following a reasonable period. They do not rely on the previous price or value of their possessions.
Learn more about debt securities: https://brainly.com/question/13789509
#SPJ4
Why doesn’t the voice of consumers get heard as clearly by texas legislators through the lobbying process?
The voice of consumers gets heard as clearly by texas legislators through the lobbying process as there are no dedicated interest groups that focus on consumers among the biggest spending groups.
“Lobbying” approach influencing or attempting to influence legislative action or nonaction via oral or written communication or an try to gain the goodwill of a member or worker of the Legislature.
Lobbying process, Lobbying takes an in-depth form of paperwork, depending on what sorts of issues prepared pursuits artwork for and whom they are attempting to persuade. Berry (1977) grouped diverse styles of lobbying into three stylish classes: direct lobbying, grassroots lobbying, and electoral lobbying.
Lobbying examples encompass conferences and discussions with authorities' representatives, influencing law via the manner of negotiating the info of an invoice, and pushing for presidential vetoes.
Learn more about the lobbying process here: https://brainly.com/question/10563844
#SPJ1
A repeated pattern of spikes or drops in demand associated with certain times of the year in a time series is.
A repeated pattern of spikes or drops in demand associated with certain times of the year in a time series is called "Seasonality"
What is Seasonality?Seasonality is a property of a time - series data that occurs when the data goes through predictable and recurring changes on a yearly basis. Seasonal refers to any predictable variation or pattern that repeats or repeats over the course of a year.
Some characteristics of seasonality are-
Seasonality is the term used to describe predictable changes that take place over the course of a year in an economy or business based on the seasons, such as the calendar and commercial seasons.Stocks & economic trends can be analyzed using seasonality.Businesses can use seasonally to inform choices about inventory levels and employee scheduling, for example.Retail sales, which normally see increased spending during the 4th quarter of calendar year, are one instance of a seasonal measure.To know more about seasonal index, here
https://brainly.com/question/16850606
#SPJ4
If you invested $100 and made a total dollar return of $10 over the course of the year, your year-end total cash would be?
If you invested $100 and made a total dollar return of $10 over the course of the year, your year-end total cash would be $110.
Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time.
the most typical sorts of investments. The term "investment" often refers to the purchase of anything for future use with the intention of generating a consistent cash flow or raising the value of something over time so that it can be sold for a higher price than it was initially purchased for, i.e. capital gains.
Learn more about investments here
https://brainly.com/question/17515037
#SPJ4
Which business is required to complete schedule l, m-1, and m-2 to report balance sheet information on its return?
A partnership is required to complete schedule l, m-1, and m-2 to report balance sheet information on its return. The section of Form 1065, U.S. Return of Partnership Income known as Schedule M-2. The sum of the amounts indicated in Part II, Item L of each partner's Schedule K-1 should match the amounts on Schedule M-2.
Because evaluating changes to capital accounts should be consistent with income reporting and the balance sheet, the IRS uses this area of the tax return to check the correctness of tax reporting (Schedule L). Analysis of Partner's Capital Accounts is where the partnership informs the IRS of the changes to the partners' capital accounts on the partnership's books and records.
To learn more about partnership, click here
https://brainly.com/question/14592017
#SPJ4
Employee _______________ more readily occurs when employees are informed of the change and are educated on the reason for the change.
Employee buy-in more readily occurs when employees are informed of the change and are educated on the reason for the change.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
The definition of employee is someone who works for another person or company for wages or other agreed remuneration. An example of an employee is someone employed by McDonald's who is paid a fixed amount for each hour worked.
Learn more about Employee here:https://brainly.com/question/1190099
#SPJ4
A(n) ____ can be used to demonstrate why a competitive oligopoly tends to result in a low-price strategy that does not maximize mutual profits.
A Payoff matrix may be used to illustrate why a aggressive oligopoly has a tendency to result in a low-fee method that doesn't maximize mutual income.
A payoff matrix is a manner to specific the result of gamers' choices in a recreation. A payoff matrix does no longer express the shape of a sport, such as though players take turns taking moves or a player has to make a preference without understanding what desire the alternative will make.
Recreation idea offers with any scenario is which the praise to any one participant – the payoff – depends no longer handiest on her own moves however additionally on the ones of different players in the game. in the case of oligopolistic firms, the payoff is absolutely the firm's income.
A payoff matrix is a device this is used to simplify all of the possible consequences of a strategic choice. it is a visible representation of all the viable techniques and all the viable consequences.
Learn more about payoff matrix here: https://brainly.com/question/22717652
#SPJ4
Of the capital budgeting techniques discussed, which works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects?.
Of the capital budgeting techniques, net present value works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects.
What is net present value?The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. The outcome of computations to determine the current value of a stream of payments in the future is NPV.The current value of a future stream of payments from a business, project, or investment is determined using net present value, or NPV. You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
Know more about net present value with the help of the given link:
https://brainly.com/question/27557482
#SPJ4
In which region do all product categories fall beneath the overall average profit?
we can easily see with a reference line that all product sub-categories in the South region are below this number.
What is South region?The South is a geographical and cultural region of the United States of America. It is located between the Atlantic Ocean and the Western United States, with the Midwestern and Northeastern United States to the north and the Gulf of Mexico and Mexico to the south.
If you were from the South, you might have said Jefferson Davis. On November 6, 1861, Jefferson Davis was elected president of the Confederate States of America, not the United States of America.
The military occupation of the South, which began in 1861, had far-reaching implications, some of which were short-lived while others were long-lasting. The agony and destruction were immense, but the suffering subsided with the end of the war, and the destruction was quickly rebuilt.
To know more about South region follow the link:
https://brainly.com/question/11123578
#SPJ4
Suppose the town enacts new antitrust laws that prohibit Rochelle and Alec from operating as a monopoly. How many gallons of water will be produced and sold once Rochelle and Alec reach a Nash equilibrium
New antitrust regulations are passed by the town that forbids Rochelle and Alec from holding a monopoly. Upon reaching a Nash equilibrium, which is 800, Rochelle and Alec will produce and sell gallons of water.
A market arrangement in which there is just one seller and only one type of goods available. As the only vendor of the goods with no viable alternatives, the seller in a monopoly market has no rivals.
A monopoly in economics is a single vendor. In terms of the law, a monopoly is a company that has a considerable amount of market power, or the ability to set excessively high prices, which is linked to a decline in societal surplus.
When one firm and its product control an entire sector of the economy, there is little to no competition, and customers are forced to buy particular products or services from one company.
To learn more about monopoly please visit -
https://brainly.com/question/5992626
#SPJ1
Ama module a shared goal is considered crucial to an effective team. What does a shared goal mean?
Shared goals are those goals which are the collective aspirations of actors and the are a great sense of shared destiny with others. Shared goals are that force which holds people together and allows all the actors to coordinate their efforts and work together for mutual benefit and helping each other. They are not just established and documented goals but a lot more than that.
Shared goals and shared purpose are generally determined as elements of the cognitive dimension of social capita.
The other dimensions of social capital are the relational and structural dimensions. This concept of making difference between cognitive structural, and relational dimensions, is one of the major approaches to social capital. This approach was systematically discovered by Nahapiet & Ghoshal in 1998.
To know more about shared goals here:
https://brainly.com/question/14487765
#SPJ4
Suppose the real rate is 3. 75 percent and the inflation rate is 1. 5 percent. what rate would you expect to see on a treasury bill?
The rate you expect to see on a treasury bill is 5.31%.
Short-term government securities and Treasury Bills have maturities ranging from a few days to 52 weeks. The face value of bills is discounted when they are sold. Since the U.S. government backs Treasury Bills, they are regarded as a secure and conservative investment. T-Bills are typically kept until they reach maturity. However, some holders could prefer to cash out before maturity and take advantage of the benefits from the investment's short-term interest by reselling it on the secondary market.
The real rate is 3. 75%
= 3. 75/100
= 0.0375
The inflation rate is 1.5%
= 1. 5 /100
= 0.015
Therefore the rate on the treasury bill can be calculated as follows
= (1+0.015)(1+0.0375)-1
= (1.015×1.0375)-1
= 1.0531-1
= 0.0531×100
= 5.31%
Hence the rate that is expected to be seen on the treasury bill is 5.31%.
To know more about Treasury Bills refer to: https://brainly.com/question/7278415
#SPJ4
If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from their ma plan. True or false?.
If a beneficiary is enrolled in a MA-only HMO and they also sign up for a PDP plan, they will be automatically dropped from their MA plan. The statement is True.
Who is a Beneficiary?A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor.For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.The majority of beneficiaries may be set up to specify who gets the assets once the owner(s) pass away.The assets will likely go to the contingent beneficiaries, nevertheless, if the principal beneficiary or beneficiaries pass away or fail to meet the requirements.A benefactor may employ further limitations, such as the need that the recipients be married, or more inventive ones, in an effort to regulate their behavior. Trusts permit any limits that are not against the law or serve an unlawful goal, unlike some situations, such as retirement funds, which do not permit any restrictions once the primary beneficiaries pass away.To know more beneficiary about with the given link
https://brainly.com/question/15582415
#SPJ4
What is the term given to the amount of their own money owners have invested in the firm?
The amount of money that would be left in the hands of a company's shareholders if all of its assets were sold and all of its liabilities were paid in full is known as equity, sometimes known as shareholders' equity or owners' equity for privately held enterprises.
It is the value of a firm's revenues minus any liabilities that, in the case of an acquisition, were not transferred together with the sale of the company. Equity is the amount that would remain in the hands of a company's shareholders after all of its assets have been sold and all of its debts have been paid.
To learn more about shareholders, click here.
https://brainly.com/question/19054394
#SPJ4
A person who eats a granola bar form a vending machine is most likely making a food choice base on?
A person who eats a granola bar form a vending machine is most likely making a food choice base on the availability of the food in the vending machine.
The person might have developed some food preference or other alternatives sidelined. The food choice made reflect the food beliefs, political beliefs and environmental concerns.
Effect of the food choices made and the food nutrients and value may also determine most likely to draw what vending machine offers. It also explores ones expenditures and income availability with a sense of use and maintain a budget which help fix one's choice alternatively.
To learn more about choice making here,
https://brainly.com/question/14826732
#SPJ4
5. Management is considering the purchase of a new machine for a cost of $65,000. It is estimated that the machine will generate positive net cash flows of $12,000 per year for eight years and will be sold for salvage at the end of that time for $2,500. Assuming a return of 9% compounded annually, determine if management should purchase this machine by finding the present value of the future cash flows (round to the nearest whole dollar; circle the answer that is closest to your calculation of present value of future cash flow). a. $68,918 b. $67,673 c. $66,418 d. $6,022 e. $1,255
The present value of the future cash flow is $67,673 (option B).
What is the present value?The present value of future cash flows can be determined by adding the discounted cash flows together. The cash flows in this question are the positive net cash flows the machine would generate and the salvage value of the machine at the end of eight years.
The formula that can be used to determining the present value of a cash flow is:
Present value = [tex]\frac{FV}{(1 + r)^{n} }[/tex]
Where:
FV -= cash flow in a year r = rate of return n = yearPresent value of the cash flows = [tex]\frac{12000}{1.09}[/tex] + [tex]\frac{12000}{1.09^{2} }[/tex] + [tex]\frac{12000}{1.09^{3} }[/tex] + [tex]\frac{12000}{1.09^{4} }[/tex] + [tex]\frac{12000}{1.09^{5} }[/tex] + [tex]\frac{12000}{1.09^{6} }[/tex] + [tex]\frac{12000}{1.09^{7} }[/tex] + [tex]\frac{12000}{1.09^{9} }[/tex] + [tex]\frac{2,500}{1.09^{8} }[/tex] = $67,673
To learn more about present value, please check: https://brainly.com/question/26537392
#SPJ1
YouKnow Inc. is a corporation that creates educational resources. It grants Middlewest Public School the right to use its online encyclopedias for three years in return for a fee. In this arrangement, YouKnow Inc. is the ________.
YouKnow Inc. is a corporation that creates educational resources. It grants Middlewest Public School the right to use its online encyclopedias for three years in return for a fee. In this arrangement, YouKnow Inc. is the licensor.
A person or business that grants sell, or otherwise transfers to another a restricted right to use something that they have exclusive legal rights over. The legal name for the authority so granted is a license, and the individual who benefits from the grant is known as a licensee.
License agreements come in a variety of forms. The International Manufacturing License Agreement and the International Trademark License Agreement are the two that are most frequently used in international trade.
A licensing agreement is a document that outlines the terms and conditions under which you are permitted to utilize the property of another party. The licensor, who grants permission, and the licensee, who receives permission, are the two parties to this agreement.
To learn more about licensing agreements refer to:
https://brainly.com/question/9342753
#SPJ1
Question 5 of 12 A young father would like a life insurance policy to provide coverage for all five family members at the lowest cost. Which type of policy would he most likely buy?
A Family protection policy is the policy that will most likely be purchased by the young father who like a life insurance policy to provide coverage for all five family members at the lowest cost.
What is a Family protection policy?This is a life insurance policy that covers the family for a certain number of years (the term) and pays a death benefit anyone die during the term or expires if they outlive the policy.
Therefore, the Family protection policy is the policy that will most likely be purchased by the young father who like a life insurance policy to provide coverage for all five family members at the lowest cost.
Read more about insurance policy
brainly.com/question/25855858
#SPJ1
Inventory levels for firms using jit inventory systems compared to firms not using jit will be:_____.
Answer:
Lower for raw materials, work in process, and finished goods. Higher for both work in process and finished goods.
A business wants to acquire new customers and increase sales. Which strategy should the business select?
Answer: The business should create a campaign with the Conversions objective. The Conversions objective is designed to drive valuable actions on your website, such as purchases through an ad.