Internal control is a system implemented by an organization to ensure the accuracy and reliability of financial reporting, safeguard assets, and prevent fraud.
This is because fraud can be perpetrated by individuals who intentionally manipulate the system or find loopholes in control procedures.
However, internal control does play a crucial role in detecting and deterring fraud. One important aspect of internal control is the comparison of recorded accountability for assets with the existing assets at reasonable intervals. This helps identify any discrepancies and ensures that assets are accurately accounted for.
Additionally, access to assets should be permitted only in accordance with management's authorization. By implementing strong authorization procedures, organizations can limit the number of individuals who have access to assets and reduce the risk of unauthorized transactions.
Furthermore, internal control ensures that transactions are executed in accordance with management's authorization. This helps prevent fraudulent activities such as unauthorized transactions or misappropriation of funds.
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what free market definition?
Answer:
A free market is an economic system in which the price of goods and services are determined by supply and demand expressed by sellers and buyers.
Explanation:
This is a market that is not controlled by any coercive central authority. The economy has unobstructed competition and involves private transaction between the buyer and seller without third party interference.
A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet
Answer:
Income statement
Explanation:
Currently Chester is paying a dividend of $2.53 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield? a) $3.64 b) 5.9% c) $6.17 d)14.3%
Answer:
Your Welcome :>
Explanation:
To calculate the Dividend Yield, we need to divide the annual dividend per share by the current stock price and express it as a percentage.
Let's assume that the current stock price is represented by "P."
The current dividend per share is $2.53. If this dividend were raised by $3.64, the new dividend per share would be $2.53 + $3.64 = $6.17.
To calculate the Dividend Yield, we divide the new dividend per share ($6.17) by the current stock price (P) and express it as a percentage.
Dividend Yield = (Dividend per Share / Stock Price) x 100
In this case, the Dividend Yield is:
(6.17 / P) x 100
None of the options provided (a, b, c, or d) are the correct calculation for the Dividend Yield. The correct calculation should be expressed as a percentage, not a dollar amount.
Please note that the current stock price (represented by "P") is missing from the information provided, making it impossible to determine the exact Dividend Yield.
Explain the difference between fixed costs and variable costs for firms, using Internet grocery shopping as an example.
Explanation:
Fixed cost is the cost that is constant for each unit of the item produced and does not depend upon the quantity of production. Fixed cost may include rent payment, insurance, interest payment.
whereas variable cost are cost that vary with quantity of output produced. It may include, labor cost, commissions, raw material, etc.
For Internet grocery shopping fixed cost can be cost of storing the grocery, insurance of inventory, electricity payment, cost of delivery to the customer, etc. whereas variable cost may be discount offered on quantity of purchase, Sale offers to attract customers, etc.
5 basic needs of individuals
gustavo wants to buy more than two hot dogs at the city fair. there are three hot dog stands, and each is offering a different deal. benny's hot dogs 8 hot dogs for $10.00 abc hot dogs, inc. 4 hot dogs for $6.00 hot dog hut 1 hot dog for $2.00 *buy 1, get 1 free* which hot dog stand has the best deal for hot dogs? a. hot dog hut b. both benny's hot dogs and abc hot dogs, inc. c. benny's hot dogs d. abc hot dogs, inc.
The best deal for hot dogs is at Hot Dog Hut (Option A) since each hot dog costs only $1.00.
How to determine the best dealGinny: Gustavo wants to buy more than two hot dogs at the city fair and is comparing three hot dog stands.
Let's evaluate the deals offered by each stand:
1. Benny's Hot Dogs: 8 hot dogs for $10.00, which means each hot dog costs $1.25 ($10.00/8).
2. ABC Hot Dogs, Inc.: 4 hot dogs for $6.00, so each hot dog is $1.50 ($6.00/4).
3. Hot Dog Hut: 1 hot dog for $2.00, but it's buy 1, get 1 free, so effectively 2 hot dogs for $2.00. Each hot dog costs $1.00 ($2.00/2).
Comparing the prices per hot dog, the best deal for hot dogs is at Hot Dog Hut (Option A) since each hot dog costs only $1.00.
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Why is it necessary for agricultural practices to continue changing?.
It is important for agricultural practices to continue changing so as to;
Increase agricultural produce.What is agricultural practices?agricultural practices are techniques that are used in cultivation of crops and rearing of animals.
With the evolvement of different techniques in agriculture, such as usage of machinery and cross breeding there has been increase in production of goods and animals.
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You have decided to use the questioning technique as part of your method study. Explain to your management what the primary questioning technique is, how the sequence works and what you expect to achieve. 9 marks
The primary questioning technique I have chosen to use in our method study management is the "Five Whys" technique. This technique involves asking a series of "why" questions to get to the root cause of a problem or issue.
1) Ask the first "why": This question aims to understand the immediate cause of the problem. For example, if the problem is a machine breakdown, we would ask, "Why did the machine break down?"
2) Ask the second "why": With the answer to the first question, we delve deeper into the underlying cause of the problem. Continuing the previous example, we would ask, "Why did the machine experience that particular issue?"
3) Ask the third "why": This question explores the underlying cause behind the second answer. It helps to identify the factors that contributed to the issue. For instance, we would ask, "Why did those particular factors lead to the machine problem?"
4) Ask the fourth "why": Here, we dig even deeper into the systemic or organizational causes that contributed to the previous answers. The aim is to identify any broader issues that may be at play. For example, we would ask, "Why were those factors present in our organization or system?"
5) Ask the fifth "why": Finally, we aim to uncover the fundamental cause or root cause of the problem. This question helps us understand the ultimate reason behind the issue. Continuing the example, we would ask, "Why did the organizational or systemic factors exist in the first place?"
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If an agency's qualifying new business premium is ____ than the set minimum in a given month or quarter in the prior year, that agent's baseline will be increased to the minimum baseline that month or quarter.
Answer:
lower
Explanation:
If the premium set is below the minimum threshold then agent baseline will be increased. This is because the commission of an agent is based on the percentage of the premium. If the premium amount is lower then the commission will also be lower resulting in the agent baseline to decrease.
Suppose that de beers and the local water utility are both monopolists in the markets for diamond jewelry and water, respectively. If both monopolies decided to raise prices 15 percent, the monopoly that is most likely to see its total revenue decrease is.
After the rise in price by 15%, the monopoly that is most likely to see its total revenue decrease is De Beers as the demand is more price elastic in comparison to local water utility.
Price elasticity of demand is the demand for a good or service concerning a change in its price. It measures the change in the consumption of a product concerning change in its price.
It helps in analyzing the change in demand and supply with a change in its price. Supply also has an elasticity which is known as price elasticity of supply. The price elasticity of supply determines the change in supply concerning the price change.
Both elasticities determine what goods are produced based on their price.
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Question 1 of 10
An investment that you bought for
profit
and sold for
made a
500;600
500;400
600;400
600;500
Answer:
500;600
an investment
GIVING 25 POINTS FOR THE CORRECT ANSWERS!!!!
1: The three elements needed in order to make database marketing work are technology, prioritization, and accurate information.
False
True
2:Starting with a clean list is an important step in database marketing
False
True
Answer:
first one is T the second is F
The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing. Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.
Database marketing is a type of marketing technique that can be used by companies like merchants, technology suppliers, insurance providers, and other services. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.
In database marketing, marketers will use the information gathered to better understand customers, choose target markets for certain marketing campaigns (through customer segmentation), assess how valuable clients are to the business, and give customers more specialized options. Customers' names, addresses, emails, phone numbers, purchase histories, job titles, website cookies, and even help requests are among the data that may be collected.
Data is first gathered from a variety of sources in database marketing. Tracking is possible for names, addresses, emails, phone numbers, purchase histories, and other information. The information can be gathered through a variety of techniques, such as tracking user cookies, purchase histories, newsletter subscriptions, or anything else that calls for the completion of forms, such entry forms for contests, offers of free samples of goods, product warranty cards, and so forth. Additional client records may be created as a result of leads generated by the marketing and sales teams. Although different nations may have varying rules surrounding what types of data can be bought and sold, prospect data can also be purchased from third parties.
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What is FDIC compliance?
FDIC is an agency that keeps a check on the financial institutions of the country in order to ensure the safety and security of the consumers. It ensures the fair exchange of finances.
FDIC stands for Federal Deposit Insurance Corporation. It is an independent agency. The FDIC compliance includes the basic rules and etiquettes for the transactions and responsibilities of the authorities.
Finances are the money spent by a person, business, company, or any organization in order to pay for something. Finance is simply the give and take process that includes money. However the term also includes the proper planning and measures of how the money could be spent efficiently.
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discuss the following ways of adapting to the challenges of the business environments:Lobbying
Answer:
Accept that change is inevitable in business.
Explanation:
Change is bound to happen, especially if you work in a field that is quickly growing and adapting, like technology.
Price lining is setting a price floor and a price ceiling for a line of products and then setting price points in between to represent differences in quality.A. TrueB. False
Answer:
FALSE
Explanation:
98Q. You should mention the $58 buyout fee to a prospective member during the rate presentation.
It is crucial to mention the $58 buyout fee during the rate presentation to be transparent, establish trust, and give the prospective member the opportunity to ask questions and make an informed decision.
When presenting rates to prospective members, it is essential to be transparent about all fees and charges associated with membership. This includes the $58 buyout fee that is required when a member decides to cancel their membership before the end of their contract.
It is important to mention this fee upfront during the rate presentation to avoid any confusion or surprises down the line. By doing so, you are establishing trust with the prospective member and demonstrating that you value their business and want to be upfront about all associated costs.
Additionally, by mentioning the buyout fee, you are giving the prospective member the opportunity to ask questions and clarify any concerns they may have. This can lead to a more informed decision and a better overall experience for the member.
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According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor
Answer:
an Agent
Explanation:
just answered it and got correct
Answer: Agent
Explanation: just got it right on edge
Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
Answer:
it is c issue-based-model
organization architecture is the totality of a firm's organizational arrangements, including its formal organizational structure, controls systems, incentive systems, organizational culture, organizational processes, and human capital. true false
Organization architecture is the totality of a firm's organizational arrangements, including its formal organizational structure, controls systems, incentive systems, organizational culture, organizational processes, and human capital. This is true statement.
What do you mean by the organization architecture?A theory of the firm, or several enterprises, known as organisational architecture "integrates the human activities and capital resource utilization within a system of task allocation and coordination to accomplish desired results and performance for both the short run and the strategic long term."
Organizational structures are crucial for firms because they support the implementation of effective decision-making procedures. Businesses can make better decisions more quickly by giving specialized jobs to lower-level staff.
An organizational structure is made up of the following five components: job design, departmentalization, delegation, span of control, and chain of command.
Therefore, Organization architecture is the totality of a firm's organizational arrangements, including its formal organizational structure, controls systems, incentive systems, organizational culture, organizational processes, and human capital. This is true statement.
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Why is a database the best tool for managing the social media website’s data? Choose all that apply. The website needs to process credit card payments. The website has a large amount of information that needs to be stored. There are many relationships between different types of information. There is an increasing number of users
Answer:
b, c, and d
Explanation:
Quintin's supervisor asks him to use predictive modeling in his decision-making process. What would Quintin's task MOST likely include based on this
directive?
O A. the creation of a decision tree
O B.
O C.
O D.
a conversation with his colleagues
an analysis of data charts
a written list of pros and cons
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If Quintin's supervisor asks him to use predictive modeling in his decision-making process, Quintin's task would most likely include: A. the creation of a decision tree.
What is predictive modeling?Predictive modelling frequently uses decision trees to assist see and analyse the potential effects of a decision.
They offer a methodical technique to weigh the advantages and disadvantages of many options and can aid in determining the best course of action.
Therefore choosing option A is the most likely response. Option B, a discussion with his coworkers, Option C, a review of data charts, and Option D, a written list of advantages and disadvantages, are all potential tasks that may be engaged in decision-making, albeit they may not be explicitly related to predictive modelling.
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which of the following industries has the highest concentration ratio? a. household laundry equipment b. fruit c. jeans d. restaurants
The industry with the highest concentration ratio among the given options is likely to be restaurants (option d).
Concentration ratio refers to the share of market sales that is controlled by the largest firms in an industry. In the case of restaurants, there are several large chains such as McDonald's, Subway, and Burger King that have a significant presence in the market.
This means that a large percentage of restaurant sales are controlled by a relatively small number of firms, leading to a high concentration ratio. In contrast, industries such as household laundry equipment and fruit may have a larger number of smaller players, leading to a lower concentration ratio. Jeans may have a moderate concentration ratio due to the presence of large brands such as Levi's and Wrangler. The correct option is d.
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What is working capital?
Answer:
Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.
NWC is a measure of a company’s liquidity and short-term financial health.
A company has negative NWC if its ratio of current assets to liabilities is less than one.
Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.
High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.
Explanation:
can you me as brainliest if its right? i just need a few more to rank up! ^-^
Also have a great day and good luck in your studies!
answer:
the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities
Question #1
Multiple Choice
What is it called when a small number of companies control more than 40 percent of a market?
O monopoly
O oligopoly
O competitive market
duopoly
Question # 2
Fill in the Blank
Answer:
Oligopoly.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
1. Mutual interdependence between the firms.
2. Market control by many small firms.
3. Difficult entry to new firms.
According to the concentration ratio, when a small number of companies control more than 40 percent of a market, it is called an oligopoly.
Research Question: How can attitudes toward the RACV brand be improved in young Victorians?
Question 4:
This question relates to the research question. RACV have developed two potential social media campaigns to improve attitudes toward the RACV brand: the first focuses on exclusive member benefits, the second focuses on the sense of community among RACV members. Due to time and budget constraints, only one social media campaign can be implemented, so the client would like to conduct an experiment to address the following research objective: to determine which social media campaign will be most effective at improving young Victorians’ attitude toward the RACV brand.
YOU ARE REQUIRED TO:
(A) Explain to the client the advantages and disadvantages of using a causal research design to address this research objective.
(B) Recommend and describe a specific experimental design to select the most effective social media campaign. In your answer, outline the independent, dependent, and possible extraneous variables involved, as well as the recommended experimental setting.
(C) Justify your recommended experimental design and experimental setting by comparing and contrasting your recommendations to alternative experimental designs/settings.
(A) Advantages and disadvantages of using a causal research design:
Advantages:1. Causal research design allows for establishing cause-and-effect relationships between variables.
It can provide insights into whether a particular social media campaign has a direct impact on improving attitudes toward the RACV brand.
2. It provides a systematic and rigorous approach to experimental research, ensuring higher internal validity.3. By using a causal research design, the client can make informed decisions based on reliable and actionable data.
Disadvantages:
1. Causal research designs can be resource-intensive and time-consuming, requiring careful planning, execution, and analysis.2. Ethical considerations should be taken into account when conducting experiments that may manipulate individuals' exposure to specific campaigns.
3. External validity might be a concern, as the findings from a specific experimental setting may not generalize to other populations or contexts.
(B) Recommended experimental design:
I would recommend a randomized controlled trial (RCT) design to select the most effective social media campaign.
Independent variable: Two levels of social media campaigns (exclusive member benefits and sense of community)Dependent variable: Attitudes toward the RACV brand (measured through surveys or rating scales)
Experimental setting: The study could be conducted online, targeting a sample of young Victorians who are active social media users. Participants would be randomly assigned to one of the two campaign groups.
Possible extraneous variables: Demographic factors (age, GENDER), prior exposure to RACV brand, social media usage patterns, etc., should be controlled or measured to assess their potential influence on the dependent variable.
(C) Justification of the recommended experimental design and setting:
The RCT design allows for a controlled comparison between the two social media campaigns, reducing potential biases and confounding factors. Random assignment helps ensure comparability between the campaign groups, increasing internal validity.
The online setting provides a convenient and cost-effective way to reach the target audience (young Victorians) who are active social media users. It allows for easy implementation and tracking of the campaigns, as well as data collection through online surveys.
Alternative designs/settings such as pre-post surveys or observational studies may not establish a causal relationship as effectively as an experimental design. Quasi-experimental designs may suffer from selection bias or lack of random assignment, compromising internal validity.
Overall, the recommended RCT design in an online setting strikes a balance between experimental control, practicality, and generalizability, making it a suitable approach for determining the most effective social media campaign to improve attitudes toward the RACV brand among young Victorians.
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T/F another name for the poster-style format is the storyboard layout.
The given statement "Another name for the poster-style format is the storyboard layout." is False.
The poster-style format and storyboard layout are two different types of layouts. A poster-style format typically involves a large, single image or graphic with supporting text and information around it, whereas a storyboard layout is a series of panels or frames that depict a sequence of events or a narrative.
Storyboard layouts are commonly used in film, animation, and video production to plan out the visual elements of a project before it is created. The individual panels or frames show the different scenes or shots that will make up the final product and help to organize the overall structure of the project.
Poster-style formats, on the other hand, are often used in marketing or advertising to promote a product or event. The large, eye-catching image or graphic is intended to capture the viewer's attention and draw them in, while the supporting text provides more information about the product or event being advertised.
In summary, while both poster-style formats and storyboard layouts are useful visual tools, they serve different purposes and are not interchangeable terms.
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most companies have chosen to create products that are very similar to those of their competitors which is a sign that the product is in the _______ stage of the product life cycle.
The description provided suggests that the product is in the maturity stage of the product life cycle.
During the maturity stage, a product has typically been on the market for some time, and sales growth begins to slow down as the market becomes saturated with similar products. In order to maintain sales, companies often focus on differentiating their products through marketing, product features, or other means. However, as competition increases, it becomes more difficult for companies to stand out and gain market share, leading to the creation of products that are very similar to those of their competitors.
Overall, the maturity stage is characterized by intense competition, declining sales growth, and efforts to differentiate the product from competitors in order to maintain sales and market share.
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April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
O A. Cross-functional team
B. Problem-solving team
O C. Self-managing team
D. Work team
Answer:cross-functional team
Explanation:
What is an example of a musical work?
A musical theater script
The playlist used for a pop radio station
The design of a particular musical instrument
The sheet music of a popular movie soundtrack
Answer:
sheet music of a popular movie soundtrack
Answer:
nhd wdbbdbdbdhduwdhbdubdjkdn9uwdhdbddknd
Explanation:
Jessi has received a loan to start her new bakery. She wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What should Jessi make FIRST to make to make sure to manage her money so that she prioritizes what she needs for her bakery?
buying plan
sales forecast
profit margin
investment
Since Jessi has received a loan to start her new bakery, and he wants to make sure that she spends the money wisely, getting all of the machinery, tools, and ingredients that she will need to make her bakery a success. What she should make FIRST to make sure to manage her money so that she prioritizes what she needs for her bakery is a "buying plan" (Option A)
What is the definition of a "Buying Plan"?A buying plan, sometimes known as a buying club, is a sort of plan that obligates a buyer to purchase products on a fixed timetable, to acquire items that a seller may deliver without warning, or to pay membership fees in exchange for the right to purchase at a supposedly discounted price.
Goods planning and procurement is a systematic strategy used by retailers to predict merchandise inventory requirements and negotiate the best terms with suppliers.
Typically, retailers employ a centralized buyer or team of buyers that supervise the chain's purchasing process. They may have additional local or regional merchandise managers that supervise merchandise implementation in stores.
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