The Auditor General stated that "Nobody's reporting, nobody's accounting, and nobody really knows for sure what has happened to this money." Critically discuss the most obvious key financial risk faced by these municipalities. Elaborate on the four (4) risk response strategies available to entities and evaluate which one is the most appropriate. Suggest nechanisms through which your response may be implemented.

Managers resolve transaction-related issues including cash, checks, debit cards, credit cards, discounts, deposits, cash on delivery, returns, gift cards and automatic fee withdrawals based on company policy.

The organizational policy must be shared with all employees in a clear and objective way, in order to be a guide for behavior in the organization.

It will include the norms and rules to be followed in each organizational situation.

Considering Starbucks as the company of our research, through its website we can see that there is a guide with the terms and conditions for using the Starbucks card.

Therefore, each rule must be clearly exposed to stakeholders, and each issue related to financial transactions exposed in pre-established legal documents, in order to be a protection for the organization and for the clients.

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Answer:

Lots of money

Explanation:

I would want to save up in order to play sports and video games all day.  I would also like to travel a lot

Answer:

Explanation:

I am retired. I have a pension that takes care of my needs for now. It won't once the economies realize what they've done. Practically no one will  be able to retire.

So I'm lucky in that I can pretty much do what I want within the jurisdiction where I live. Right now the virus is leading us on a merry chase and our borders are closed. I'm told it's a good thing because the medical care is being overwhelmed. I certainly didn't plan that.

I have the best care that anyone could wish for. I have Cancer but my two specialists take of me with a medication that only 10% of the population respond to, so I'm lucky.  That's something I didn't plan on either but I should have. Both my parents succumbed to Cancer. And you have to take into account the bad with the good.

I love to travel and look forward to the borders opening up. Nothing is going to hold me up. You must always figure on what interests you have to become what you like to do. Everyone where I am does have an interest, but I don't think watching television should really count. I do like answer questions on Brainly. I've learned how to write answers that I'm satisfied with, even if students are not.

It is important for a college student to be honest when asking, "What’s working and what’s not working in my life?" because college is a competitive environment and students need to make thoughtful choices based on who they are and what they want.

Ignoring the people they used to know and focusing on their own goals is crucial for success. By being honest about their strengths and weaknesses, students can identify areas where they need to improve and develop a plan for achieving their goals. This self-reflection also helps students stay true to themselves and make choices that align with their values and aspirations.

Ultimately, being honest about what is and isn't working in their lives will help students navigate the challenges of college and achieve their goals.

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Honest introspection helps college students become more self-aware and make informed decisions that align with their aspirations. It promotes responsibility, adaptability, and personal growth and helps in dealing with academic and life situations more effectively.

Being honest with oneself about what is working and what is not in their life is essential for college students primarily for two reasons: self-awareness and decision-making. When students are self-aware, they are in tune with their strengths and weaknesses, which allows them to assess their situations more realistically and address areas of improvement effectively. Consequently, this self-awareness aids in decision-making. As a college student, there are many pivotal decisions to be made ranging from academic to personal and career choices. Honest introspection provides a clear picture of one's desires, capabilities, and limitations, thereby guiding in making decisions that align with the students' aspirations. Moreover, being honest with oneself promotes responsibility and adaptability that are integral for personal and professional growth.

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Problem (a)

The land should be recorded at $462,000 and interest expense of $54,000 should be recognized in 2014.

The land should be recorded at its present value, which is calculated using the present value of an ordinary annuity formula. The interest expense for 2014 is calculated by taking the difference between the face value of the note and the present value of the note.

Problem (b)

The journal entry to record the transaction is:

Code snippet

Dr. Notes payable $5,000,000

Cr. Furniture sold at a lower price $1,000,000

Cr. Interest expense $4,000,000

Use code with caution. Learn more

The journal entry to record the transaction is to debit notes payable for the face value of the note, credit furniture sold at a lower price for the difference between the face value of the note and the fair value of the furniture, and credit interest expense for the amount of interest that has accrued on the note since the date of the transaction.

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The Washington Consensus can be seen as a response to the development planning of the 70s in the following ways:

The Washington Consensus can be seen as a response to the development planning of the 70s, and the World Bank and the International Monetary Fund (IMF) are credited with formulating it.

It was a set of policy prescriptions for developing countries that were implemented in the 1980s and 1990s. Its primary goal was to reduce state intervention and boost market competition in the domestic and global economies.

Its policies were focused on macroeconomic stabilization, liberalization of trade and finance, deregulation, and privatization in various developing countries. It can be seen as a response to the failure of the development planning of the 70s

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One of the primary roles of financial intermediaries in the market for funds is to help channel funds from investors to borrowers. They do this by pooling funds from various investors and lending them out to borrowers.

This helps to increase the efficiency of the lending process by reducing the need for individual investors to directly negotiate with borrowers.

However, financial intermediaries may also perform other roles in the market for funds, such as risk management, market making, and portfolio management. These roles may vary depending on the specific intermediary and the type of financial instrument involved.

It is important to note that the role of financial intermediaries in the market for funds can be complex and multifaceted. Each intermediary may have its own unique set of services and functions that it performs to facilitate the flow of funds in the market.  

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Answer:

$1900

Explanation:

Calculation to determine What amount of interest income is taxable on Charles and Marcia's Year 2 joint income tax return

Using this formula

Taxable interest income=Interest on federal income tax refund+Interest on state income tax refund+Interest on federal government

Let plug in the formula

Taxable interest income=$500 +$600+$800

Taxable interest income=$1,900

Therefore the amount of interest income that is taxable on Charles and Marcia's Year 2 joint income tax return is $1,900

Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.

Answer: the speed at which the brain can comprehend communication and speed at which the average adult speaks

Explanation:

Listening is a primary skill that is used by most individuals to gather information.

The listening gap is understood to be the difference between the speed at which the brain can comprehend communication and speed at which the average adult speaks.

Answer:

source credibility.

Explanation:

The factor that contributed to the increase in product sales was the source credibility, which occurs when there is a strong positive appeal from the communicator of a message by the receiver, which in the case of a marketing advertisement, for example, leads to success for a company, as was the case mentioned in the question above, where a celebrity was used to communicate an advertising message that was strongly accepted by the potential public of the brand, which resulted in tripling sales of the product.

It is important to note that source credibility occurs when there is some relationship between the communicator and what is being communicated, such as the football player who promoted the new protein shake during the superbowl. Thus, there is a relationship between the player's characteristics and the product, broadcast in the ideal place and time where the potential consumers of that product are.

Answer:

land?

Explanation:

Answer:

Land

Explanation:

Quick will provide the smartest The liquidity ratio for Bank A is almost 30%. The bank's run-off will probably not be impacted by this ratio.

In order to determine a company's ability to meet its immediate financial obligations, analysts and investors use liquidity data called the quick and current ratios.The current ratio is calculated by dividing current liabilities by current assets.The quick ratio only considers highly liquid assets or cash equivalents as current assets.

If the company's assets can be turned into cash extremely fast, a ratio of less than 1.5 is less problematic. Although a current ratio of three or four may indicate financial health, it also raises questions about whether a corporation is ineffective at investing the money it does have.

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Answer:

The social grants that were awarded by the federal government during the coronavirus lockdown had a very positive impact on the people who lost their jobs during this pandemic.

Thus, the extraordinary income that these people received through checks issued directly by the federal government helped thousands and thousands of American families not fall into poverty, and could survive while keeping consumption and the economy active.

It can be seen from the solutions given that Cain's net income is $24,000.

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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Lily is able to use the check from Sarah to make her grocery payments by depositing the check into her bank account and then using the funds from the account to pay for her groceries.

When Lily receives the check from Sarah, she can endorse the back of the check with her signature and deposit it into her bank account. The bank then processes the check and credits the amount to Lily's account, making the funds available for her use. With the funds in her bank account, Lily can either withdraw cash or use other payment methods, such as a debit card or online transfer, to make her grocery payments at the supermarket.

Using checks as a form of payment offers convenience and security. It eliminates the need for carrying large amounts of cash and provides a record of the transaction. By depositing the check into her bank account, Lily can access the funds easily and use them for her various financial needs, including paying her grocery bills. The banking system ensures that the check amount is transferred from Sarah's account to Lily's account, enabling her to make purchases without relying solely on physical cash.

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Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.

In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.

Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.

The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.

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wholesaling includes all of the activities involved in selling goods or services to those who buy for resale or business use. The correct option is B.

Wholesaling includes all the activities involved in selling goods or services to intermediaries, such as retailers or other businesses, who then sell those products to the end consumers or use them for their own operations.

Wholesalers play a crucial role in the distribution channel by connecting manufacturers and retailers, allowing for efficient movement of products in the market. They often provide services such as storage, transportation, and bulk-breaking, making it easier for retailers to access products in the quantities they need.

Unlike retailing, which focuses on selling directly to the end consumer, wholesaling deals with transactions between businesses, thereby streamlining the supply chain and supporting the overall functioning of the market.

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Complete question:

_______ includes all of the activities involved in selling goods or services to those who buy for resale or business use.

A. retailing

B. wholesaling

C. bartering

D. Purchasing

Complete the sentence based on the understanding of the MM Model with corporate taxes:

MM's model that included the existence of corporate taxes concluded that there is an optimal capital structure that includes a mix of debt and equity to maximize the value of a firm.

In the MM Model with corporate taxes, the presence of corporate taxes creates an advantage for debt financing due to the tax-deductibility of interest payments. This advantage makes debt a favorable component of the capital structure, as it can reduce the overall tax burden and increase the value of the firm. However, the model does not suggest that debt is always the best way to capitalize a firm, but rather emphasizes the importance of finding the optimal balance between debt and equity that maximizes the value of the firm.

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If your roommate is considering purchasing cryptocurrency, as they believe it can be used in place of money. The  roles that cryptocurrency  would need to satisfy in order to be considered and effective type of money is: Store of value.

A store of value  can be defined as the something of value that can be saved which inturn can help to add  more value to someone after been exchanged. This implies that the assets store does not depreciate or wear out but instead it help to add value to the owner of it.

Example of store of value is money based on the fact that money has a store of value  because it is an asset that a person can invest  as well as store in the bank or financial institution

This money store can be  retain it buying  power power as it can be used to purchased or buy things in the future.

Therefore the correct option is C.

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The complete question is:

your roommate is considering purchasing cryptocurrency, as they believe it can be used in place of money. what roles would cryptocurrency need to satisfy in order to be considered and effective type of money?

backed by a commodity

have a physical presence

store of value

unit of account

medium of exchange

Answer:

Both APR and fees

Explanation:

The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.

Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card.  Customers should compare different credit card companies and select one with favorable fees.

The number of days a buyer has to cancel a contract for a new condominium after receiving the required documents can vary depending on the laws and regulations of the specific jurisdiction where the property is located, as well as the terms of the contract itself.

In some jurisdictions, there may be a mandated "cooling off period" during which the buyer can cancel the contract without penalty, typically ranging from 3 to 10 days. However, it is important to review the contract and consult with a legal professional to fully understand the cancellation terms and any applicable deadlines.

The number of days a buyer has to cancel the contract after receiving the required documents for a new condominium varies depending on the state and local laws. In some states, such as Florida, buyers have up to 15 days to cancel the contract after receiving the documents.

However, in other states, such as California, buyers have up to three days to cancel the contract. It is important to consult with a real estate attorney or review the contract and state laws to determine the exact number of days a buyer has to cancel the contract.

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Since the bond's maturity is typically measured in whole years, we can conclude that the bond will mature in approximately 0.0159 years, which is approximately 0.0159 × 365 = 5.80 days or rounded to the nearest whole number, approximately 6 years. Therefore, the correct answer is 6 years.

To determine the number of years until the bond matures, we can use the formula for calculating the present value of a bond:

PV = C × (1 - (1 + r)^(-n)) / r + F / (1 + r)^n

Where:

PV = Present value (price) of the bond

C = Coupon payment per period

r = Yield to maturity rate per period

n = Number of periods (years) until maturity

F = Face value of the bond

Given:

Coupon rate (C) = 6% of $1,000 = $60

Yield to maturity rate (r) = 5.2% / 2 = 0.052 (semiannual rate)

Price of the bond (PV) = $1,050

Face value (F) = $1,000

We can rearrange the formula to solve for n:

n = log((C/r + F/ PV)/(C/r - F/PV)) / (2 × log(1 + r))

Substituting the given values:

n = log((60/0.052 + 1,000/1,050)/(60/0.052 - 1,000/1,050)) / (2 × log(1 + 0.052))

Simplifying the equation:

n = log((1153.846 + 0.952)/(1153.846 - 0.952)) / (2 × log(1.052))

n = log(1154.798/1152.894) / (2 × 0.0519)

n = log(1.001652) / 0.1038

n = 0.001651 / 0.1038

n ≈ 0.0159

Therefore, the bond will mature in approximately 0.0159 years, which is equivalent to approximately 0.0159 × 12 = 0.1908 months or approximately 0.1908 × 30 = 5.724 days.

Since the bond's maturity is typically measured in whole years, we can conclude that the bond will mature in approximately 0.0159 years, which is approximately 0.0159 × 365 = 5.80 days or rounded to the nearest whole number, approximately 6 years.

Therefore, the correct answer is 6 years.

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Money is very essential. The statement that explains why the money supply is not controlled  is that the actions of private individuals and banks can increase or decrease the money supply via the money multiplier.

Money supply is known to handle all the value of monetary assets in an economy.

Monetary means used includes  the most liquid asset in the economy such as cash and reserve deposits.  

Money supply in an economy is said to be be estimated by  the equation below:

See full question below

Which of the following explains why the money supply is not completely controlled by the Federal Reserve?

a. The actions of private individuals and banks can increase or decrease the money supply via the money multiplier.

b. The president can issue an executive order that can increase or decrease the money supply.

c. The treasury has say over when the Federal Reserve can increase or decrease the money supply.

d. The actions of private individuals and banks can increase or decrease the money supply via the spending multiplier.

e. Congress has authority to veto any monetary policy enacted by the Federal Reserve.

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Interest rate swaps are often used to reduce exposure to fluctuations in interest rates, to obtain a marginally lower interest rate than would otherwise be possible, or to obtain access to a different type of interest rate.

Calculation of current value of the swap to the party paying fixed:

As per the given data,

Notional value (N) = $150 million

Time to maturity (t) = 1 year and 2 months = 14/12 years = 1.166666 years

Fixed rate (K) = 6% p.a.

Swap Rates for maturities of 2 months, 8 months, and 14 months are 7.0%, 7.5%, and 8% respectively.

Six-month LIBOR 4 months ago was 6.5% p.a., which means six-month LIBOR for the current period = 6% p.a.

Calculation of swap rates for 6 months and 1 year:

Six-month swap rate = [ ( 7.0% × 0.166666) + ( 7.5% × 0.5 ) ] / 0.666666= 7.16665% p.a.

One-year swap rate = [ ( 7.16665% × 0.5 ) + ( 8% × 0.5 ) ] / 1= 7.583325% p.a.

Now, calculation of discount factors for all cash flows:

Discount factor for 6 months = e^(-7.16665% × 0.5) = 0.964753

Discount factor for 1 year = e^(-7.583325% × 1) = 0.917905

Discount factor for 1 year and 6 months = e^(-8% × 1.5) = 0.853167

Calculation of present value of all cash flows:

Present value of floating rate payment in 4 months = [ $150 million × ( 6% / 2 ) × ( 4 / 12 ) ] × 0.964753= $1,450,043.67

Present value of floating rate payment in 10 months = [ $150 million × ( 7.16665% / 2 ) × ( 6 / 12 ) ] × 0.917905= $4,504,919.32

Present value of floating rate payment in 16 months = [ $150 million × ( 7.583325% / 2 ) × ( 6 / 12 ) ] × 0.853167= $5,006,224.58

Present value of fixed rate payments for 1 year and 2 months = [ $150 million × ( 6% / 2 ) × ( 14 / 12 ) ] × 0.917905= $6,289,687.50

Now, calculation of the current value of the swap to the party paying fixed:

Current value of the swap to the party paying fixed = Present value of fixed rate payments for 1 year and 2 months - Present value of floating rate payments in 4 months - Present value of floating rate payments in 10 months - Present value of floating rate payments in 16 months

= $6,289,687.50 - $1,450,043.67 - $4,504,919.32 - $5,006,224.58

= -$4,671,499.07 (rounded off to 3 decimal places)

= - $4.671 million (without dollar sign)

In finance, an interest rate swap is a financial agreement between two counterparties to exchange interest payments on a certain amount of principal for a certain period of time.

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Answer:

I think production

hope it helps

Answer:

The true statement is " The spread is from 1 to 6."

Explanation:

Consider the provide information.

First we will draw the dot plot as shown in the figure.

Now consider the options.

The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.

Now find the center of the data by calculation the median of the data.

There are 16 dots in total which is an even number.

So, now we will find the average of the two middle values.

This will be the 8th and 9th value average for the given data set of 16 values.

Count from left to right the 8th and 9th values are both 4.

\(\text{Median}=\frac{4+4}{2}\)

\(\text{Median}=4\)

Hence, the center of the data is 4.

The second statement is false.

The peak of the data is at 6.

The third statement is false.

The spread is from 1 to 6 as we can see in the figure shown below.

Therefore, the true statement is " The spread is from 1 to 6."

Cost distortion occurs when some products are over-costed while other products are under costed by the cost allocation system is a true statement.

A product will be the one that will be supplied in the market. This is with the one that is demanded bu the consumer or supplied by the consumer.

Cost distortion happens when a few items or occupations are overcosted while others are under cost under a straightforward portion framework. Also, this happens on the grounds that division cause various sorts of above and the items or occupations utilize the division assets in various amounts.

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