During your first audit of medium-size manufacturing company, the owner, John Bell, explains that in order to establish clear-cut lines of responsibility for various aspects of the business, he has made the following assignments: One employee is responsible for the purchasing, receiving, and storing of merchandise. A second employee has full responsibility for maintenance of accounts receivable records and collections from customers. A third employee is responsible for personnel records, timekeeping, preparation of payrolls, and distribution of payroll checks. Bell asks your opinion concerning this plan of organization.
Instructions: Explain fully the reasons supporting your opinion on each assignment. If the assignment violates an internal control principle, describe the principle and how to correct the violation. 1. One employee is responsible for the purchasing, receiving, and storing of merchandise. 2: A second employee has full responsibility for maintenance of accounts receivable records and collections from customers. 3: A third employee is responsible for personnel records, timekeeping, preparation of payrolls, and distribution of payroll checks. It seems as if every assignment violates an internal control principle.
Therefore, I need to figure out how to describe the principles that are being violated and how to correct the violations. I need someone to answer these questions by describing the principle as well as how to correct the violation for these three situations:
One employee is responsible for the purchasing, receiving, and storing of merchandise. A second employee has full responsibility for maintenance of accounts receivable records and collections from customers. Third employee and situation: A third employee is responsible for personnel records, timekeeping, preparation of payrolls, and distribution of payroll checks. Thank you for your time.

Answer:

Specialty store.

Explanation:

Since it's your new business and you surely don't want to incur a huge investment at this stage. So choosing the other stores such as superstores or category killers will be costly and moreover, they will be irrelevant to your business. Because why would you need to open a general store when your business is related to the pet industry?

Answer:

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work.

What should a market analysis include?

What to include in your market analysis. Your market analysis should include an overview of your industry, a look at your target market, an analysis of your competition, your own projections for your business, and any regulations you'll need to comply with.

How do you analyze a company's market?

These are the seven steps of conducting a market analysis:

Determine your purpose. ...

Research the state of the industry. ...

Identify your target customer. ...

Understand your competition. ...

Gather additional data. ...

Analyze your data. ...

Put your analysis to work

Explanation:

MARK A BRAINLESS THIS ANSWER IS CORRECT

BRAIN LY FAST CARRY ON LEARNING

Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate =  1.052 / 1.027 - 1

                              = 2.43 %

the approximate real rate of interest is 2.43 %

To be indifferent between the after-tax returns on a corporate bond paying 7% and a tax-exempt municipal bond paying 5.5%, your tax bracket would need to be approximately 21.43%.

Let's assume that you are in the 25% federal income tax bracket and there are no state or local taxes. In this scenario, the after-tax return on the corporate bond would be 7% * (1 - 0.25) = 5.25%. Now, to calculate the tax bracket needed for the after-tax return on the municipal bond to be equal to 5.25%, we can set up the following equation:

Tax-exempt municipal bond return = Corporate bond return
5.5% = 7% * (1 - tax bracket)
To solve for the tax bracket, we can rearrange the equation:
(1 - tax bracket) = 5.5% / 7%
1 - tax bracket = 0.7857
tax bracket = 1 - 0.7857
tax bracket ≈ 0.2143 or 21.43%


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Answer:

C. Partnership Agreement

Explanation:

It's the legal document that dictates the way a business is run and details the relationship between each partner.

Answer:

B. Insurance premium

Explanation:

If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.

A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner. 

As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.

After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.

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Answer: D.reduce the rising taxes for middle-class citizens

Explanation:

During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.

These policies include:

A.reduce government regulation

B. reduce federal income tax and capital gains

C.reduce growth of government spending

E.reduce inflation by controlling growth of the money supply to reduce inflation ​

It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.

An expansionary policy. In this scenario, the Central Bank is increasing the money supply, which is a characteristic of expansionary monetary policy.

The purpose of expansionary policy is to stimulate economic growth by encouraging spending and investment through lower interest rates and increased liquidity in the economy. However, if the aggregate demand remains unchanged, it suggests that the increased money supply is not translating into increased spending or investment by consumers and businesses. Quantitative easing undertaken after 2008 focused on purchasing "toxic assets" and restoring credit to the private sector.

Unlike traditional central bank intervention, which primarily involves adjusting interest rates, quantitative easing (QE) implemented after the 2008 financial crisis involved the central bank purchasing "toxic assets" from financial institutions. These assets included mortgage-backed securities and other troubled assets. The goal was to provide liquidity to financial institutions, restore confidence in the banking system, and ease credit conditions for businesses and consumers. By purchasing these assets, the central bank aimed to stimulate lending, stabilize financial markets, and encourage economic recovery.

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Using social media technology to engage with customers can bring about various  isseus in -

management such as  management issues, resource alllocation, risk management .

organization such as crosss- functional collaboration, training and education and organizational culture.

technology i such as- platform selection, integration with existing system and dual privacy and security.

1. Management Issues:

- Strategy Alignment: Aligning the use of social media technology with the overall business strategy is crucial. It requires defining clear goals, identifying target audience segments, and determining the appropriate social media platforms and tactics to achieve the desired outcomes.

- Resource Allocation: Adequate resources, including skilled personnel and budget, need to be allocated for social media management. This includes staffing for content creation, monitoring, responding to customer inquiries, and managing social media campaigns effectively.

- Risk Management: Managing potential risks associated with social media engagement is essential. This involves developing social media policies and guidelines for employees, ensuring brand consistency, mitigating reputation risks, and addressing customer feedback or complaints promptly and professionally.

2. Organization Issues:

- Cross-Functional Collaboration: Successful social media engagement often requires collaboration across various departments within the organization, such as marketing, customer service, public relations, and legal. Effective communication and coordination among these teams are critical for consistent messaging and customer experience.

- Training and Education: Providing training and education to employees on social media best practices, etiquette, and relevant tools is necessary. This ensures that employees engaging with customers on social media are knowledgeable, skilled, and adhere to company guidelines.

- Organizational Culture: Creating a culture that embraces social media engagement and values customer interactions is important. Encouraging employees to be responsive, empathetic, and proactive in addressing customer needs and concerns through social media can contribute to building strong customer relationships.

3. Technology Issues:

- Platform Selection: Choosing the right social media platforms that align with the target audience's preferences and demographics is critical. Each platform has its own features, reach, and user base, so organizations need to assess which platforms will best support their customer engagement goals.

- Integration with Existing Systems: Integrating social media technology with existing customer relationship management (CRM) systems or other internal systems can enhance data management, tracking customer interactions, and providing personalized experiences.

- Data Privacy and Security: Handling customer data collected through social media requires adherence to data privacy regulations and implementing security measures to protect sensitive information. Organizations need to ensure proper data handling, consent management, and secure storage practices.

Overall, effectively leveraging social media technology to engage with customers requires strategic management, organizational alignment, and attention to technological considerations. By addressing these issues, organizations can harness the potential of social media to build meaningful connections with customers, enhance brand loyalty, and drive business growth.

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Answer:

$50 ; $75

Explanation:

Expectancy value theory is the theory that shows and predict the individual attitude towards things. here the expected derives that someone is expected i.e how likely the individual wants that thing

Here in the given situation, the expectancy value theory predict the mark should ask for $50 for raising the week while on based on the classic behaviorism it would predict a $75-week raise

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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True - laws passed in the late 1990s restricted the activities of financial firms to narrowly defined services they could provide, prompting the financial crisis of 2007 and 2008.

Finance is the take a look at and subject of money, forex and capital assets. it's far associated with, however no longer synonymous with economics, the look at of manufacturing, distribution, and intake of money, property, items and services (the area of monetary economics bridges the 2). Finance sports take region in economic systems at various scopes, thus the sector can be kind of divided into private, corporate, and public finance.

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Answer:

Paying the balance full each month

Explanation:

Already did this on everfi and got it right.

Answer:

entrepreneurial ability

Explanation:

Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork,  risk management, and a sense of responsibility.

Spencer must have Entrepreneurial abilities; that's why the club hired him.  The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.

Answer:

Kindly check explanation

Explanation:

The state of a nation's economy is usually evaluatwd based on certain metrics which relating to the well being of its citizens, behavior of its market, finances and resources. Those metrics may include ; level or rate of inflation, employment level, level of economic growth or decline and many others. A healthy economy is one In which economic factors are in a positive state and hence its positive effects is left by the citizens in ways including the increased level of production which economically fights inflation and also helps achieve stability in terms of prices of products and commodities. Reduction in level of unemployment and increased full time jobs. Generally, a healthy nation should experience a robust economic growth and improvement.

Answer:

ummmmmm I'm not quite sure

$ 19.4 million should be reported as net cash flows from financing activities.

The transactions involving debt, equity, and dividends are included in financing activities. This also include cash inflows from the issuing of debt or equity, cash outflows from stock repurchases, dividend payments, and repayment of debt. The cash outflows are subtracted from the inflows to arrive at the cash flow from financing activities for the period.

Cash flow from financing activities for Creative Sound Systems :

Issuance of common stock                                $40.8

Add: Purchase treasury stock                            $21.4

Net cash flow from financing activities:           $19.4

Therefore, the net cash flow from financing activity is $19.4 million

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Answer:

d.how the stock market affects inventory

Explanation:

a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3

stock movement Effects of the stock market on inventory Thus option (D) is correct.

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.

Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.

Therefore, Thus option (D) is correct.

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The OECD, organization for economic co-operation and development, is headquartered in Paris, France.

The choice of Paris as the headquarters for the OECD can be attributed to several factors. Firstly, France played a significant role in the establishment of the organization. The OECD originated from the Organisation for European Economic Co-operation (OEEC), which was formed in 1948 to administer the Marshall Plan for post-World War II reconstruction. The OEEC later evolved into the OECD in 1961, and its headquarters remained in Paris.

Secondly, Paris has historically been a global hub for diplomacy and international organizations. The city is home to numerous international institutions, including UNESCO, the International Energy Agency, and the International Chamber of Commerce. Its central location in Europe also facilitates accessibility and collaboration with member countries.

Furthermore, France's strong commitment to multilateralism and its active involvement in global economic cooperation initiatives make it a fitting host for the OECD. The country actively supports the organization's mission to promote economic growth, social progress, and well-being worldwide.

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The Organization for Economic Co-operation and Development (OECD) is headquartered in Paris, France.

The OECD, an international organization composed of 38 member countries, is headquartered in Paris, France. Established in 1961, the OECD serves as a forum for governments to collaborate on economic and social issues, promoting policies that foster economic growth, improve living standards, and contribute to global development. The organization provides a platform for member countries to share knowledge, analyze economic data, and develop evidence-based recommendations to address various challenges.

Being headquartered in Paris has several advantages for the OECD. France has a rich history in diplomacy and is home to numerous international organizations, making it an ideal location for fostering cooperation among member countries. The city's central location in Europe also facilitates accessibility and engagement with member delegations, allowing for frequent meetings, discussions, and negotiations.

Furthermore, Paris offers a vibrant cultural environment, attracting experts and professionals from various fields. This diversity enhances the organization's ability to address complex issues, as it benefits from a wide range of perspectives and expertise. Additionally, the presence of other global institutions and research centers in Paris enables the OECD to collaborate closely with key partners, further enriching its policy work and initiatives.

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Low, high  levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.

Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.

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Answer:

Company sales potential

Explanation:

Hope this helped you! Please brainliest if possible! :D

Answer:

see below

Explanation:

Increased import control tends to increase the cost of imports. For a business that depends on imports for its raw materials, increased control will have the following effects.

Because it is their primary job to reduce unemployment and enhance the educational system, state and local governments spend money on employment, income support, and education.

In order to expand on their official community plan, their role in guiding community growth, and their control over land use, local governments might start a community's economic planning initiatives. The following local government duties have an impact on planning and economic development: zoning and planning regulations, Taxation.

Increased government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.

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Answer:

FV= $1,254.4

Explanation:

Giving the following information:

Initial investment= $1,000

Number fo years= 2

i= 12% compunded annually

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

PV= present value

FV= 1,000*(1.12^2)

FV= $1,254.4

Answer:

submit paperwork, fill out an application, and retake exams

Explanation:

trust me

Answer:

<3

Explanation:

The United States government has paid soybean farmers an additional $1.65 per bushel of sold soybeans in some instances. An illustration of a (n) subsidy is this sum.

A benefit provided to a person, organization, or business typically by the government is known as a subsidy. It could be something as simple as cash payments or as complex as tax breaks. The subsidy is typically provided to alleviate some kind of burden, and it is frequently thought to be in the public's best interest to promote a social good or economic policy. Most of the time, a subsidy is some kind of payment made to the person or business that gets it, either directly or indirectly. Because they provide financial support for a specific action or lessen an associated burden that was previously imposed on the recipient, subsidies are typically regarded as a privileged type of financial aid.

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b. Using machinery and equipment is a part of the capital production component.

When economists talk about capital, they're talking about the tangible tools, buildings, and machinery that enable higher job productivity. One of the four main production variables, along with land, labor, and entrepreneurship, is capital.

Hammers, tractors, assembly lines, conveyor belts, computers, trucks, and railroads are typical instances of capital. Financial capital, which consists of the debt and equity accumulated by firms to operate and grow, is separated from economic capital.

In contrast to land or labor, capital is artificial; it needs to be made by human hands and built with human goals in mind. This suggests that investment in time is necessary before capital can be put to use efficiently. For instance, the fisherman who makes their own rod must first take time away from other tasks to do so.

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The events of organizing the Berlin Airlift, implementing the Marshall Plan, and engaging in the Vietnam War were all part of the United States' policy of containment during the Cold War era.

Containment was a policy formulated by the United States to prevent the spread of communism, particularly the influence of the Soviet Union. The Berlin Airlift, which took place from 1948 to 1949, was a response to the Soviet blockade of West Berlin. The United States organized a massive airlift operation to provide essential supplies to the city, effectively countering Soviet attempts to isolate and control West Berlin.

The Marshall Plan, implemented from 1948 to 1952, was an economic aid program aimed at rebuilding Western European countries devastated by World War II. The United States provided significant financial assistance to these countries, with the underlying goal of preventing economic instability and the potential rise of communist movements in the region.

The Vietnam War, lasting from the mid-1950s to 1975, was part of the United States' broader strategy of containment. The U.S. viewed the Vietnam conflict as a proxy war against the spread of communism, with the goal of preventing the communist forces of North Vietnam from taking over South Vietnam.

Overall, these events were significant components of the United States' policy of containment, which sought to contain and counter the expansion of communism during the Cold War period. The policy aimed to promote democratic and capitalist systems while opposing the influence and spread of Soviet-backed communism.

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