Which of the following is an example of an application control for the purchases and payments business process?
a. Management approval is required for large purchases.
b. The employee who receives supplier goods must not be the same employee who ordered the goods.
c. Defective items should be returned to suppliers promptly.
d. The purchase order number is automatically assigned.
Answers
The correct answer is Option D, "The purchase order number is automatically assigned," which is an example of an application control for the purchases and payments business process.
This control ensures that a unique purchase order number is automatically generated and assigned to each purchase transaction, which helps prevent errors or fraud related to duplicate or unauthorized purchases. This control can be implemented through an automated system that generates purchase orders and assigns unique identification numbers to them.
Option a is an example of a general control related to management oversight, while options b and c are examples of procedural controls related to specific steps in the purchasing process.
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Related Questions
terrence’s team is very close and tends to agree on most decisions with little discussion. terrence should be concerned about
Answers
Answer:groupthink
Explanation:
Groupthink
Terrence should be concerned about groupthink.
Groupthink refers to the common opinion or group consensus suppresses people's ability to provide alternative solutions to the problem as a result all the members of the group agree on the same conclusion. The desire to promote group cohesion and deduction of common conclusion to a problem negatively affects the promotion of thinking abilities, good decision making abilities, and problem solving abilities of group mates. When a team mates derive a common conclusion without an elaborate discussion or with a little discussion. It is indicative of problem of groupthink.Hence, Terrence should be concerned about groupthink as the team agree on most decisions with little discussion.
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differentiate between
Alkali metals and halogens
Halogens and inert gases.
Answers
Identify a circumstance outside the economy that can cause unemployment.
A. The United States hosts the Olympic Games
B. A hurricane damages the Gulf Coast
O
C. A new museum opens in the city of Dallas
O
D. The northeast experiences a summer heat wave
Answers
Answer:
B. A hurricane damages the Gulf Coast
Explanation:
If a hurricane occurs, it would destroy businesses and this can cause unemployment.
If the United States hosts the Olympic Games and if a new museum opens in the city of Dallas, employment would increase
Design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process. Understanding which variables affect outcome is a very important part of quality planning.
Answers
Answer:
True.
Explanation:
Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.
Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.
Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.
This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.
In conclusion, understanding which variables affect outcome is a very important part of quality planning.
a penetration pricing strategy tends to be most effective:
Answers
A penetration pricing strategy tends to be most effective when:
With a penetration pricing strategy, a business initially sets a relatively low price for its good or service in an effort to increase market share and draw clients. This tactic tries to fast enter the market and lure clients away from rival businesses. In order to entice people to buy, the technique involves decreasing the price of new products. The price reduction is only momentary.
This tactic is employed by marketers to position a product as a cost-effective alternative. A business using a penetration pricing strategy invites competitors to enter the market and compete on price or other considerations by setting a low beginning price. Increased competition could arise from this, which would be beneficial for customers but could also lower firm's profit margins.
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Complete Question:
A penetration pricing strategy tends to be most effective when:
a. when there are goods in high demand.
b.tempts competitors to enter the market.
c.provides a large profit per unit sold
Describe how the language and the culture you grew up with, play a role in your communication styles?
Answers
Which is correct?
Select one:
a. It is important to note that the Tribunal findings are, in general, not binding on the Crown, i.e., the government of the day. The Crown may simply refuse to consider any redress or other settlement of the claim.
b. It is important to note that the Tribunal findings are binding on everyone in New Zealand so that it can direct that land in private hands as well as in Crown ownership be transferred to the successful claimants.
c. It is important to note that the Tribunal findings are binding on the Crown, i.e., the government of the day. The Tribunal may direct the actions which the Crown must take to provide redress for any claim which the Tribunal has upheld.
Answers
However, the ultimate authority to determine the course of action rests with the Crown, and they can choose to accept or reject the Tribunal's recommendations.
The correct answer is a. It is important to note that the Tribunal findings are, in general, not binding on the Crown, i.e., the government of the day. The Crown may simply refuse to consider any redress or other settlement of the claim.
The Waitangi Tribunal in New Zealand is a body established to address historical Treaty of Waitangi grievances and promote the principles of partnership, protection, and participation between the Crown and Maori. While the Tribunal plays a significant role in investigating and making recommendations on Treaty claims, its findings are not legally binding on the government.
Although the Tribunal can make recommendations for redress or settlement of claims, the Crown retains the discretion to consider and decide on the course of action. The government is not obliged to follow the Tribunal's recommendations and may choose to reject them or pursue alternative approaches to resolving Treaty grievances.
The correct answer is a. It is important to note that the Tribunal findings are, in general, not binding on the Crown, i.e., the government of the day. The Crown may simply refuse to consider any redress or other settlement of the claim.
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Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answers
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
In situations where the required rate of return is not constant for each year of the project, it is advantageous to use
a. the adjusted rate of return method b. the internal rate of return method c. the net present value method d. sensitivity analysis
Answers
In situations where the required rate of return is not constant for each year of the project, it is advantageous to use the net present value method. Therefore, the correct option is C.
The reasoning behind this is that the net present value (NPV) method takes into account the time value of money by discounting future cash flows to their present value using a specific discount rate for each year. Since the required rate of return may change over the years, NPV allows for flexibility in adjusting the discount rate to match the required rate for each year.
This provides a more accurate assessment of the project's value compared to other methods, like the adjusted rate of return method, the internal rate of return method, or sensitivity analysis, which do not account for variable discount rates. Hence, the correct answer is option C: the net present value method.
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The best reason to record income at the top of a budget is
a. to easily add expenses to it.
b. to know how much money is available.
c. to avoid spending too much money.
d. to see that is is more important than expenses.
Answers
B) To know how much money is available.
You can clearly see how much money you have available to spend or save by listing revenue at the top of a budget.
Making judgments on how to divide your money and prioritize your expenses requires knowledge of this information.
You may see how much money is available to cover your bills, pay off debts, and save for the future by putting revenue at the top of your budget.
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a high school currently require students to purchase a parking pass in order to park in the parking lot, but for the coming year they are considering letting all students park for free. They send an email to all families enrolled at the school asking them whether they think their students would be likely to drive next year if parking were free. What kind of data source would the responses be?
a. Simulation
b. Experiment
c. Survey
Answers
Answer:
C. Survey
Explanation:
Let’s define these three terms:
- simulation: this is essentially where a scenario is created to mirror an actual real-world situation. Here, that doesn’t apply, so this is wrong.
- experiment: this is a scientific procedure used to determine something or conclude something. Here, it’s not a scientific procedure, so this is wrong.
- survey: a questionnaire is sent out to receive responses. That’s the case here because of the email.
The answer is thus C.
Explanation:
Step 1: Determine what type of data source is being used
A simulation is a way to model random events, such that simulated outcomes closely match real-world outcomes.
A experiment is any procedure that can be infinitely repeated and has a well-defined set of possible outcomes, known as the sample space.
A survey is a data collection tool or list of questions used to gather information about individuals or group.
I think that this is a survey because they send it out to students, to take a "survey" and answer whether they would like to have free parking or not. Therefore, I think that this kind of data source we be a survey.
Answer: Option C, Survey
Happy Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73% complete for materials and 23% complete for conversion costs. On October 31, its ending WorkminusinminusProcess Inventory was 80% complete for materials and 43% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October.
Answers
Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
Opening Work in Process unitsUnits started and completedEnding Work in Process unitsSo the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
How Can we Analysis for further
Answers
Answer:
Questions can take the form of explaining the evidence or expanding on evidence; in other words, questions can give context or add meaning. Asking both kinds of questions is crucial to creating strong analysis.
mitchell, a calendar year taxpayer, is the sole proprietor of a fast-food restaurant. his adjusted basis for the building and the related land is $450,000. on march 12, 2022, state authorities notify mitchell that his property is going to be condemned so that the highway can be widened. on june 20, mitchell's property is officially condemned, and he receives an award of $625,000. because mitchell's business has been successful in the past, he would like to reopen the restaurant in a new location.
Answers
The earliest date Mitchell can acquire a new restaurant and qualify for a Section 1033 deferment is March 12. his recognized gain if on 30 June Mitchell purchased land and building for $610,000 is $15,000. Mitchell's adjusted basis for the new land and building is $450,000. Mitchell’s recognized gain and adjusted basis if he does not elect $ 1033 is $610,000. Mitchell’s recognized gain if he invests the $625,000 condemnation proceeds in the stock market on June 30 is $175,000.
recognized gain can be calculate as follows:
On June 30, Mitchell purchased land and building for $610,000
Recognized gain = conviction earnings - adjusted basis
= $625,000 - $450,000
= $175,000
Mitchell's approved income is limited to $625,000 - $610,000 = $15,000
Therefore, Mitchell's recognized revenue is $15,000.
Mitchell's adjusted basis for the new land and building can be calculated as follow:
Adjusted base for new land and buildings = cost of land and buildings - deferred income = $610,000 - $160,000 = $150,000.So Mitchell's adjusted base for acquiring new land and buildings is $450,000.
Mitchell’s recognized gain and adjusted basis if he does not elect $ 1033
Realized gains = $625,000 - $450,000 = $175,000.
Therefore, unrealized gains from not opting for section $ losses = $175,000 and the adjusted base for new land and buildings is $610,000.
e. According to Section 1033 (1) of the German Commercial Code (HGB), it is not possible to purchase a replacement property. Mitchell's recognized revenue = $175,000
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Help ASAP!!!! most possible answer
Answers
Answer:
The administration prosses a public and and AVAILIBLE TO ANYONE to review.
Explanation:
That is the most open administration because its available to anyone-(the public).
Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 15 years to maturity that is quoted at 106 percent of face value. The issue makes semiannual payments and has an embedded cost of 9 percent annually. Note the embedded cost refers to the coupon rate.
Required:
(a) What is the company's pretax cost of debt? (Do not round your intermediate calculations.)
(b)If the tax rate is 36 percent, what is the aftertax cost of debt? (Do not round your intermediate calculations.)
Answers
The company's pre-tax cost of debt is 8.29% and If the tax rate is 36 percent, 5.31% is the after-tax cost of debt.
a) Mid-annual payments=9/100×1000/2= 45
Price = 106/100×1000 = $1060
1060 = $45/(1+r÷2) + 45/(1+r÷2)^2
r=8.29%
Therefore the company's pre-tax cost of debt will be 8.29%
b)After-tax cost of debt=8.29/100×(1-36/100)
=5.31%
Which cost of debt is more important, before or after taxes?
Because it reflects the true cost of debt to the business, the after-tax cost of debt is more important. Because interest is a tax-deductible expense, the total amount we pay is lowered to the degree that taxes are saved by deducting the interest.
Why do we use the after-tax cost of debt?
Knowing how much a business can save on taxes as a result of the interest it paid over the course of the year is the main advantage of assessing the after-tax cost of debt. Therefore, in order to comprehend their whole cost of debt, firms must be aware of their effective tax rate.
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A good way to explain what a compa-ratio means is
Group of answer choices
uses demographic data to assess whether a company is discriminating against employees
that it measures the degree to which new skills learned translate into pay increases
it is the ratio of inexperienced vs experienced employees in a job
it is the ratio of someone's pay to the midpoint of the pay range for that job
it is a number that can range from 0 to 100 percent
Answers
A compa-ratio is the ratio of someone's pay to the midpoint of the pay range for their job. It is a number that can range from 0 to 100 percent. This measure helps determine if an employee's pay is below, at, or above the midpoint. It does not use demographic data or assess skills translating into pay increases.
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Compute the compound interest. Binal Patel invested $6000 at 4% compounded semiannually. How much will be in the account in 10 vears? Round to the nearest cent.
Answers
The amount in Binal Patel's account after 10 years, with a principal investment of $6000 at an annual interest rate of 4% compounded semiannually, can be calculated using the compound interest formula. The amount in the account after 10 years will be approximately $8,214.69.
How is the compound interest calculated?Compound interest is calculated using the formula:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal investment
r = the annual interest rate (expressed as a decimal)
n = the number of times interest is compounded per year
t = the number of years
In this case, Binal Patel invested $6000 at an annual interest rate of 4% (or 0.04) compounded semiannually. Since interest is compounded semiannually, n = 2. The investment is held for 10 years, so t = 10.
Using the formula, we can calculate:
A = 6000(1 + 0.04/2)^(2*10)
≈ 6000(1.02)^20
≈ 6000(1.485947)
≈ 8,914.68
Rounding to the nearest cent, the amount in the account after 10 years will be approximately $8,214.69.
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prepare the income statement for cornhusker company on december 31, 2021. cornhusker company income statement for the year ended december 31, 2021 expenses: total expenses
Answers
To prepare the income statement for Cornhusker Company on December 31, 2021, you need to list the total expenses for the year ended December 31, 2021. The income statement shows the company's revenues and expenses, and calculates the net income or loss.
To prepare the income statement for Cornhusker Company on December 31, 2021, you'll need to include the total expenses incurred by the company during the year. Expenses can be divided into different categories, such as operating expenses and non-operating expenses. Operating expenses typically include costs directly related to the day-to-day operations of the business, such as salaries, rent, utilities, and advertising expenses. Non-operating expenses, on the other hand, are costs that are not directly related to the company's core operations, such as interest expenses and taxes.
To calculate the total expenses, start by listing all the expenses in their respective categories. Add up the expenses within each category to obtain the subtotal for that category. Finally, sum up the subtotals of each category to arrive at the total expenses for the year. It's important to clearly label the total expenses line item on the income statement to make it easily identifiable.
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answers
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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Does the state of the US economy have an effect on local businesses started by entrepreneurs? Please explain your answer.
Answers
The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.
How does the U.S. economy affect local businesses?The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.
When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.
There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.
In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.
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A(n) ______is a category of jobs that involve similar interests and skills.
A: occupational area
B: career area
C: employment area
Answers
Which of these is NOT a main type of transaction?
Group of answer choices
Deposit
Withdrawal
Transfer
Loan
Answers
1- What are Porter's "five forces"?
2- Use the five forces model to illustrate competition in the
newspaper industry.
Are some competitors better positioned to withstand this
environment than others?
Answers
Porter's "five forces" is a framework developed by Michael Porter to analyze and assess the competitive forces in an industry.
The five forces are as follows:
a) Threat of new entrants: The ease with which new competitors can enter the industry and potentially disrupt the existing market share.
b) Bargaining power of suppliers: The ability of suppliers to dictate terms, prices, and quality of inputs to the industry.
c) Bargaining power of buyers: The influence of buyers in negotiating better prices, terms, and conditions from the industry.
d) Threat of substitute products or services: The availability of alternative products or services that can fulfill the same customer needs.
e) Intensity of competitive rivalry: The level of competition among existing firms in the industry.
Applying the five forces model to the newspaper industry:
a) Threat of new entrants: The newspaper industry has relatively low barriers to entry, as digital technologies have made it easier for new players to distribute news content online. However, established newspapers with strong brand recognition and loyal readership may have an advantage.
b) Bargaining power of suppliers: The suppliers in the newspaper industry include journalists, writers, and printing companies. The bargaining power of suppliers may be relatively low as there are many skilled individuals and printing options available.
c) Bargaining power of buyers: The buyers in the newspaper industry are the readers and advertisers. With the rise of digital media, readers have more options and can easily switch to other sources of news. Advertisers also have more platforms to choose from, reducing their dependence on newspapers.
d) Threat of substitute products or services: The newspaper industry faces significant threats from online news sources, social media, and other digital platforms. These alternatives provide real-time news updates, interactivity, and personalized content, which can be more appealing to certain segments of readers.
e) Intensity of competitive rivalry: The newspaper industry is highly competitive, with numerous newspapers vying for readers and advertisers. This competition has intensified with the digital transformation of the industry.
Regarding whether some competitors are better positioned to withstand this environment than others, it depends on various factors such as brand reputation, digital capabilities, financial resources, and the ability to adapt to changing consumer preferences. Established newspapers that have successfully transitioned to digital platforms, built strong online presence, and developed innovative revenue models may be better positioned to withstand the challenges compared to traditional print-centric newspapers that have been slow to adapt.
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100 points
Which option might indicate legal intrusion by a computer professional?
I will give Brainley
Brad is a senior business analyst in a software development firm. In addition to his official photocopies, he (A. generates a couple of personal photocopies) for his brother Brian. At times, (B. Brad also sends out unwarranted emails) to his close colleagues. (C. He uses the Internet during work hours for entertainment purposes.) During work hours for entertainment purposes. (D. Once, while preparing for a client presentation, he accessed client records for which he did not have authorization.)
Answers
Answer:D
Explanation:
I took the test
Answer:D
Explanation: i just got done with the test and got 100
What has the greatest impact on regional oil production?
Answers
The greatest impact on regional oil production is typically the price of oil, as it affects the profitability and feasibility of producing oil in a particular region.
The price of oil often has the most influence on local oil production since it directly determines whether it is profitable and feasible to produce oil in a given area. Oil extraction from difficult or inaccessible regions, such as deepwater or shale deposits, becomes more practical when the price of oil is high.
On the other hand, when oil prices are low, it could no longer be financially viable to produce oil in some areas, which would result in a decline in output. Government laws, environmental issues, and geopolitical conflicts are a few more variables that may influence regional oil output.
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True or False. Liquidity means that your money is tied up and unavailable.
Answers
Answer: True
Explanation:
now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short run economic impact of the higher oil prices
Answers
now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short run economic impact of the higher oil prices The output will be $billion and the price level will increase.
What is accommodative policy?When a central bank (like the Federal Reserve) tries to increase the general money supply to support the economy when growth is stalling, this is known as accommodating monetary policy, often known as loose credit or easy monetary policy (as measured by GDP). The goal of the policy is to allow the money supply to increase in step with both the demand for money and national revenue.
The expansion of the money supply by central banks to stimulate the economy is known as accommodating monetary policy.The Federal funds rate has been decreased as part of monetary policies that are deemed accommodating.The goals of these policies are to lower the cost of borrowing money and boost consumer spending.To learn more about accommodative policy from the given link:
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if the value of goods and services that australia purchases from the united states are less than the value of goods and services that the united states purchases from australia, then the united states has
Answers
With Australia, there are both negative net exports and a trade imbalance.
What is goods and services?An economic system's output is goods and services. Services are acts performed for the benefit of the recipients, whereas goods are tangible products made available to customers. Among the products are clothing, homes goods, and automobiles. Services include things like consulting, cleaning, and legal advice. Production at a company might be anywhere between these two concepts. For instance, a landscaping company may give a homeowner a tree (a good) and also take care of the yard (a service).
A physical object that buyers want or own is a good. Customers want services even when they are not tangible, physical objects. Frequently, a service may be provided remotely as well. What individuals consume and pay for is generally referred to as "goods" and "services."
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the amount an entrepreneur expects to receive for his/her contribution to a project is
Answers
The amount an entrepreneur expects to receive for his/her contribution to a project is the expected return or profit.
As an entrepreneur, the expected return or profit represents the financial reward the individual anticipates receiving from their investment of time, effort, and resources into a project or venture. It is the expected financial gain or benefit that the entrepreneur believes they will earn as a result of their involvement. The expected return is influenced by various factors such as the potential market demand for the product or service, the cost structure of the business, the level of competition, and the entrepreneur's ability to effectively execute their business plan. Entrepreneurs typically evaluate the expected return when assessing the feasibility and attractiveness of a business opportunity. They consider the potential revenue streams, cost projections, and the expected growth trajectory of the venture to estimate the financial outcomes.
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