Upon assumption of office of the newly elected board, the scenario was there is pre-existing by-law and it Is clearly stated the practice of proper accountability was stipulated. Scenario was when the assumption of office by an officer they notice when they inspect the books of account and passbook money is in tack and accounted properly but due to lack of proper accounting and auditing of members as the business commence all expense was done by issuance of the check, and the designated record officer failed to record the disbursement to mitigate risk what will be your conclusion and intervention as a risk manager.

Answers

Answer 1

The conclusion as a risk manager would be that there is a lack of proper accounting and auditing of members in the business, which poses a risk to the organization. The intervention would involve implementing proper accounting and auditing procedures to ensure accurate record-keeping and accountability of expenses.

As a risk manager, it is evident that the designated record officer failed to record the disbursements properly, which indicates a lack of internal controls and accountability measures. This poses a risk to the organization as it can lead to financial mismanagement, fraud, or errors in financial reporting.

To mitigate this risk, the intervention would involve implementing robust accounting and auditing procedures. This may include regular financial audits, segregation of duties, clear documentation of expenses, and training for staff members involved in financial transactions. By implementing these measures, the organization can ensure proper accountability and reduce the risk of financial irregularities.

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Related Questions

enter mia profit/loss for the 2 month

Answers

She profits more each month

sets the external environment as the primary determinant of an mne's strategic plan.a.industrial organization (io) by

Answers

The industrial organization (IO) perspective sets the external environment as the primary determinant of a multinational enterprise's (MNE) strategic plan.

The industrial organization (IO) perspective is an approach used in strategic management to analyze the external environment's influence on a firm's strategy. It focuses on understanding the industry structure and competitive forces that shape the behavior and performance of firms, including multinational enterprises (MNEs).

According to the IO perspective, the external environment, including factors such as market conditions, industry competition, government regulations, and technological advancements, plays a significant role in shaping an MNE's strategic plan. The perspective suggests that the characteristics of the external environment have a substantial impact on the MNE's opportunities and constraints.

By analyzing the external environment, an MNE can identify potential market opportunities, assess competitive threats, and align its resources and capabilities to gain a competitive advantage. The IO perspective emphasizes the importance of understanding industry dynamics, market trends, and the competitive landscape to develop an effective strategic plan.

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What determines whether your debt is positive or negative?
a flip of a coin
a determination by your banker
the age of the debt
the amount of your gross income dedicated to paying it down

Answers

The age of the debt would be what determined wether your debt would be positive or negative

which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

When an economist points out that you and millions of other people are interdependent, she is referring to the fact that we all.

Answers

Based on the provided information, she is referring to the fact that we all rely upon one another for the goods and services we all consume.

Who is an economist?

An economist can be regarded as an expert that focuses on international business as well as politics and financial activities of an organization or a nation.

An economist usually point out that we all rely upon one another for the goods and services we all consume and this makes an economy.

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Which statement regarding wage earning employees is true?
A.)wage-earning employees receive pay based on the number of hours worked
B.)Wage-earning employees do not have taxes withheld from each paycheck
C.)Wage-earning employees receive the same pay as salaried workers
D.) Wage-earning employees are always offered medical benefits

Answers

Answer:

A.)wage-earning employees receive pay based on the number of hours worked

Explanation:

Answer:

A. wage earning employees receive pay based on the number of hours worked

Explanation:

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Answer:

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Answer:

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To get in the full swing of things with online banking, you set up direct deposit with your job at Burger Bucket. You want to verify that it's working correctly: You're supposed to be paid twice a month. 2. Did your direct deposit work correctly? If so, what days did you receive your pay? How large was each deposit?

Answers

If the direct deposit setting is working correctly you should receive your payment on the usual days agreed in your employment contract, and the amount received should be the same as the amount of money you usually receive.

Online banking is a form of banking that allows you to access your regular account, and carry out transactions through the internet. This type of banking has become very popular, and it allows users to do tasks such as transferring or receiving money from home.

Additionally, online banking does not have any cost in most banks, and the money transfers are as fast or even faster than in regular baking.

Based on this, if you are receiving your salary through online banking and, everything is working:

You should still receive the money on the usual days, for example, the 15th and 30th of every month The amount received should be the same as in most cases there is not an extra fee for online banking services

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CIC stands for ___
Conference Industry Committee
Convention Industry Council
Convention Industry Committee
Conference Industry Council

Answers

Answer:

the 2nd one convention industry council

Explanation:

Answer: convention industry council

Explanation: The Convention Industry Council (CIC) is a federation that represents individuals and firms involved in the meetings, conventions, and exhibitions industry.

The Convention Industry Council’s 30 member organizations represent more than 98,000 individuals as well as 15,000 firms and properties involved in the meetings, conventions, and exhibitions industry. Formed in 1949 to provide a forum for member organizations seeking to enhance the industry, CIC facilitates the exchange of information and develops programs to promote professionalism within the industry and educates the public on its profound economic impact. In addition to the CMP Program, CIC is also responsible for the APEX (Accepted Practices Exchange) initiative, the Hall of Leaders, and the CIC Economic Impact Study.

Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $5 each. At the end of the day she is disappointed that she only sold three cupcakes.


This market model is in a [______]? (this is an economics question but I can't choose that as a subject..)

Answers

The situation described refers to an economic imbalance.

Economic imbalance is an economic term that refers to:

The scenarios in which an economy does not show an equilibrium between two magnitudes that belong to it. For example:

The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.

According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).

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Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three dimensional. How is he MOST LIKELY to add this foreground? A. B. C. D. He might change his position to include some foreground items such as rocks or grasses. He might tilt his camera up to better capture the tops of the hills. He might add some framing trees in the middleground of his image. He might circle around to the side of the hills to capture the cows standing on top. PLS HELP!!​

Answers

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.

The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.

Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.

Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.

The question was incomplete, Find the full content below:

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?

A. He might change his position to include some foreground items such as rocks or grasses.

B. He might tilt his camera up to better capture the tops of the hills.

C. He might add some framing trees in the middle ground of his image.

D. He might circle around to the side of the hills to capture the cows standing on top.

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why having business is important?

Answers

Owning and running your own business can be more satisfying and fulfilling than working for someone else

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PLS NEED HELP IM BEHIND BAD

Answers

Answer:

The first answer

Explanation:

Just took it

what's the difference between "AVERAGE REVENUE" to "MARGINAL AVENUE"?.​

Answers

Answer:

see below

Explanation:

Average revenue refers to the revenue per output. It is the revenue that a business expects to make from the sale of any item. Average revenue is calculated by dividing the total revenue by the total output.

i.e., Average revenue (AR) =  Total revenue (TR) / total output (Q).

Marginal revenue is the revenue generated from the sale of an extra unit. It is the revenue attributed to one more output. It is illustrated by a change in total revenue when one more unit is sold.

Which term is used to describe a call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue?.

Answers

The term "sinking fund provision" refers to a call clause that prohibits the issuer from calling all or a portion of the bond issue for a number of years in the initial years of the bond issuance.

A clause mandating the issuer to set aside funds to repay bondholders at maturity. A fund or account is sinking fund provision established in bonds that have this clause, and the issuer makes regular contributions into it in order to repay the bond when it matures.

A requirement that the borrower retire a specific part of the debt each year is seen in several bond indentures. If interest rates have dropped, the bonds may be called from the investors or purchased on the open market to sinking fund provision effect the retirement (if interest rates have increased). Due to the increased liquidity created by this orderly retirement, bondholders may benefit; yet, they may also be forced to surrender high-yielding bonds at the call price, which is frequently par at a period of low interest rates. known as a bond sinking fund. Contrast the doubling option. See also sinking fund funnel.

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Joint intelligence planning supports joint operation planning and may result in the production of what three products?

Answers

Joint intelligence planning supports joint operation planning and may result in the production of three products they are:

Dynamic Threat Assessment

⇒Annex B: Intelligence

National intelligence support plan

Joint operations are military actions carried out by joint forces and those Service forces employed in special command relationships with one another. Joint operations by themselves do not generate joint forces.

A joint force is a collection of assigned or attached components from important military departments that cooperate under a single joint force commander (JFC).

The Department of Defense (DOD) primarily employs two or more Services (from at least two Military Departments) in a single mission through joint operations.

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Which type of savings plan offers the lowest interest rate?


A.
Checking account

B.
Money market account

C.
Savings account

D.
Certificate of deposit

Answers

A. Checking Account

Sudoku Company issues 26,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $244,000 and the building at $372,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.

Answers

Common stock (26,000 shares × $9 per share) = $2,34,000

Paid-in capital in excess of par value, common stock ($2,44,000 + $3,72,000) – $2,34,000 = $3,82,000

Journal Entries

Land (Dr)                                                    2,44,000

Building (Dr)                                           3,72,000

Common stock, $7 par value                                          2,34,000

Paid-in capital in excess of par value, common stock  3,82,000

Can you trade stock for land?

You can exchange common stock shares for real estate or other assets if your company is short on cash or wants to save money. In this kind of arrangement, you acquire ownership of the property and the seller receives stock in your business.

What does issuing common stock mean?

A corporation can raise money by issuing common stocks as opposed to selling debt or preferred stock. Common stocks are essentially common shares. The corporation first issues common shares through an initial public offering, or IPO.

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what was the company’s cash flows from operating activities? multiple choice a cash outflow of $5,000 a cash inflow of $15,000 a cash outflow of $15,000 a cash inflow of $5,000

Answers

Based on the provided question, the company's cash flows from operating activities were a cash inflow of $15,000.

The company’s cash flows from operating activities were a cash inflow of $15,000. Explanation: Cash flow from operating activities refers to the total amount of cash generated or used by a company's normal business operations. It is the money that is generated from the company's sales or services rendered, and other activities related to normal operations, and is critical for its continued operation. The cash flows from operating activities could be either positive or negative. A positive cash flow from operating activities indicates that the company has enough cash to cover its everyday expenses such as wages, rent, and utility bills, among other things. A negative cash flow from operating activities, on the other hand, implies that the company is having difficulty generating sufficient cash to cover its day-to-day expenditures. Therefore, based on the provided question, the company's cash flows from operating activities were a cash inflow of $15,000.

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1 Determine the cost recorded in the journal for the following situation;

Blazing Co. is looking for a new stove and has narrowed down their purchase to two different stoves.

Stove 1 cost 1,500

Stove 2 costs 1,700

Negotiated cost for Stove #2 1,400


They ran the numbers and decided that they want to purchase stove #1

They were able to negotiate the price on stove #1 to be $50.00 cheaper.


Cost of Stove

Answers

The information that must be recorded in the accounting book of the Blazing Co. company is the final price of stove #1, that is, $1,450.

What is the final price of stove #1?

To calculate the price of stove #1 we must discount $50.00 (discount) from its initial sale price.

$1,500 - $50 = $1,450

According to the above, its final price would be $1,450

What information do we record in the ledger?

The information that we must record in the accounting book of the Blazing Co. company is the price at which the stove was purchased, that is, $1,450.

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Simba is looking for a financial institution to give him a loan for a new house. Which of these institutions would be LEAST likely to provide this service?

savings and loan institution

credit union

brokerage firm

commercial bank

Answers

Answer:

Brokerage firm

Explanation:

A new smali business wants to know if its current radio advertising is effective. The owners decide to look at the mean number of customers who make a purchase in the sore on days immediately following days when the radio ads are played as compared to the mean for those days following days when no radio advertisements are played. They found that for 13 days following no advertisements, the mean was 23.9 purchasing customers with a standard deviation of 1.9 customers. On 6 days following advertising the mean was 24.7 purchasing customers with a standard deviation of 1.6 customers. Test the claim, at the 0.01 level, that the mean number of customers Who make a purchase in the store is lower for days following no advertising compared to days following advertising. Assume that both populations are approximately normal and that the population variances are equal. Let days following no advertisements be Population 1 and let days following advertising be Pogustion 2 Step 2 of 3 : Compute the value of the test statistic. Round your answer to three decimal places.

Answers

The test statistic value is -1.111, indicating a difference in mean customer purchases between days with no advertising and days with advertising.

To test the claim, we compare the mean number of purchasing customers on days following no advertising (Population 1) to the mean on days following advertising (Population 2). We are given the sample means, standard deviations, and sample sizes for both populations.

Step 1: Hypotheses

The null hypothesis (H0) states that there is no difference in the mean number of customers making a purchase between the two populations. The alternative hypothesis (Ha) states that the mean number of customers making a purchase is lower for days following no advertising compared to days following advertising.

Step 2: Test Statistic

To compute the test statistic, we use the formula:

t = (mean1 - mean2) / sqrt((s1^2/n1) + (s2^2/n2))

where mean1 and mean2 are the sample means, s1 and s2 are the sample standard deviations, and n1 and n2 are the sample sizes.

Substituting the given values into the formula, we get:

t = (23.9 - 24.7) / sqrt((1.9^2/13) + (1.6^2/6))

 ≈ -1.111

Step 3: Conclusion

To determine if the test statistic is statistically significant, we compare it to the critical value from the t-distribution table at the 0.01 level of significance. If the test statistic is less than the critical value, we reject the null hypothesis in favor of the alternative hypothesis.

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How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT

How do worker organizations influence wages?A. They fight for higher pay for workers.B. They lower the

Answers

Answer:

A.

Explanation:

In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.

They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.

What is wage employment?

In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.

Thus, option A, They fight for higher pay for workers is correct.

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What is trade liberalisation??
From business subject

Answers

Trade liberalization refers to the removal or reduction of government-imposed restrictions on the import and export of goods and services. This can include tariffs, quotas, and other barriers to trade. The goal of trade liberalization is to increase economic efficiency and growth by allowing countries to specialize in the production of goods and services in which they have a comparative advantage, and to access a wider range of goods and services from other countries.

does anyone know any good spells

Answers

Answer:

abra cadabra

Explanation:

Promoción de fabricante y de establecimiento (diferencias)

Answers

Answer:

Become a biusness man

Explanation:

Discuss the need for blood pressure monitoring in regard to hypo-
or hypertension. What is the normal range for blood pressure?

Answers

Blood pressure monitoring is essential for both hypo- and hypertension. Hypertension, or high blood pressure, is a silent condition that can lead to serious health problems, including heart disease and stroke.

Hypotension, or low blood pressure, can cause dizziness and fainting. The normal range for blood pressure is typically around 120/80 mmHg. Hypertension: Monitoring blood pressure is crucial for detecting and managing hypertension. High blood pressure often has no noticeable symptoms but can cause damage to blood vessels and organs over time.  Hypotension: Monitoring blood pressure is important in cases of hypo tension as well. Low blood pressure can result in inadequate blood flow to organs and tissues, leading to symptoms such as dizziness, weakness, and fainting. Normal range: The normal range for blood pressure is typically considered to be around 120/80 mmHg. The systolic pressure (top number) represents the pressure in the arteries when the heart contracts, while the diastolic pressure (bottom number) represents the pressure when the heart is at rest.

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Shannon puts x dollars into an investment with an interest rate of 4 percent per year and y dollars into an investment with an interest rate of 10 percent per year. She invests a total of $2600, and her interest earnings after one year are \$194. From this information, we can create two equations: one for the total investment and one for the interest earned. State both equations, and then solve the system to determine how much Shannon invested in each. The equation that describes the total investment is The equation that describes the interest earned is Amount invested at 4 percent interest is $ Amount invested at 10 percent interest is $

Answers

Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

To determine how much Shannon invested in each account, we can create two equations based on the given information. Let's denote the amount invested at a 4 percent interest rate as x and the amount invested at a 10 percent interest rate as y.

The first equation represents the total investment:

x + y = $2,600

The second equation represents the interest earned:

0.04x + 0.10y = $194

To solve this system of equations, we can use substitution or elimination methods. Let's use the elimination method.

Multiply the first equation by 0.04 to match the coefficients of x:

0.04x + 0.04y = $104

Now, subtract this equation from the second equation:

0.04x + 0.10y - (0.04x + 0.04y) = $194 - $104

0.06y = $90

Divide both sides by 0.06:

y = $90 / 0.06

y = $1,500

Substitute the value of y back into the first equation:

x + $1,500 = $2,600

Subtract $1,500 from both sides:

x = $2,600 - $1,500

x = $1,100

Therefore, Shannon invested $1,100 at a 4 percent interest rate and $1,500 at a 10 percent interest rate.

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Leslie’s firm collected a huge amount of data. Over time, the employees felt that the applications slowed down. What should Leslie do with the data?

A.
archive rarely used data
B.
delete old data
C.
make duplicate copies of the data
D.
outsource the data
E.
look for patterns in the data

Answers

Answer:

A.

Explanation:

Data archiving is a method used to move data that is no longer in use. In this method, a business archive its old data to a separate storage device for long-term retention of the data.

Data that is no longer actively used but is important for regulatory or operational purposes such as emails, files, records, etc. can not be deleted. So, the business opts for the data archiving method.

In the given case, Leslie should also go for data archiving. There are two ways of archiving the data. One, tape archiving and cloud archiving.

Therefore, option A is correct.

delaney purchased 500 shares of upriver tours stock on wednesday, july 7. edward purchased 100 shares of upriver tours stock on thursday, july 8. upriver tours declared a dividend on june 20 to shareholders of record on july 12 and payable on august 1. which one of the following statements concerning the dividend paid on august 1 is correct given this information? multiple choice neither delaney nor edward is entitled to the dividend. delaney is entitled to the dividend but edward is not. edward is entitled to the dividend but delaney is not. both edward and delaney are entitled to the dividend. both edward and delaney are entitled to one-half of the dividend amount.

Answers

Both Edward and Delaney are entitled to the dividend concerning the dividend paid on august 1 is correct given this information. Thus, option C is correct.  

Who is stock?

A stock is a type of instrument that denotes the holder's ownership stake in the issuing company and is often traded on stock markets. In order to generate money to run their operations, corporations distribute stock. The two primary stock categories are regular and favored.

As both of them purchased the shares on a date that was prior to July and the dividend was being told to be paid on the date of august 1 which was termed to be after the date of purchase. This will be termed as both of them will be given the amount of the dividend.

Therefore, option C is the correct option.

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