Tammy frequently under reported the cash amounts reported to audit committee.
What is an audit committee?The audit committee of a board of directors is charged with monitoring the financial reporting procedure, selecting the independent auditor, and receiving the findings of both internal and external audits. The committee's chairperson is chosen from among the committee members, and the committee's members are chosen from the corporation's board of directors. A qualified audit committee is necessary for a publicly traded U.S. company to be listed on stock market. Typically, audit committees are given the power to engage the consultants and experts they feel necessary to do their job. The Sarbanes-Oxley Act of 2002 has had a significant impact on audit committees, and those changes are still being felt today. The oversight of risk management and regulatory compliance is also the responsibility of numerous audit committees.
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____ and _____ are different parts of the communication process.
Speaking, talking
Listening, hearing
Listening, speaking
None of the above
The answer is Listening, speaking. I got 100% in edge.
Listening and speaking are different parts of the communication process. (Option C).
What is Communication?The elements of communication include a sender, a message, a medium, a channel, a receiver, a reaction, and feedback. Communication is a two-way process. However, having only these components is insufficient; there also needs to be cooperation and understanding between the two sides.
Finally, the act of successfully communicating involves a number of phases or acts, which are referred to as the communication process. It involves a number of elements, including the communicator, the message being sent, the message's encoding, the receiver, and the message's decoding.
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What is a disadvantage of automatic withdrawal?
The use of automatic payments has some drawbacks. If you don't carefully monitor how much money you spend each month and make sure there is enough in your account to manage your automated payments, you run the danger of forgetting about a significant upcoming payment and overdrawing your account.
You can stay on schedule and avoid delinquency by setting up an automated bill payment. It is safe. Data breaches generate news, but doing your banking online is just as safe as putting your check in an unattended mailbox.
You may lessen your chance of forgetting to pay a payment on time, paying late penalties, and hurting your credit score by setting up autopay for your accounts. Automated payments may simplify your personal finances and save you time, but they aren't always the ideal choice.
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Why interest rates are less in developed countries?
The cost of bonds issued in the currencies of larger nations makes them more expensive frequently sold at lower interest rates. In addition, the start of a currency union lowers interest rates in member nations.
Interest rates are a common monetary instrument used to assist stimulate the economy during difficult economic times or to reduce the money supply during periods of high inflation. Interest rates fluctuate throughout time based on market conditions. The cost of bonds issued in the currencies of larger nations makes them more expensive frequently sold at lower interest rates. In addition, the start of a currency union lowers interest rates in member nations.
Since the globe is currently experiencing a pandemic, all nations are in a unique position to protect their economies from collapsing and are consequently adapting their monetary policies to the circumstances. As of June 11, 2022, the five nations having the lowest interest rates are shown below.
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Because this core process calls managers to link their employees’ talent to strategic goals, Bossidy and Charan believe that the ________ process is the most important.
Multiple Choice
O operations
O leading
O people
O planning
Bossidy and Charan believe the people process is paramount, as this core process encourages managers to connect the talents of their subordinates to strategic goals.
What are the people process?
HR processes bring together ideologies and core values to ensure alignment with people at all levels of the organization. This process is standard for proven and successful organizations.
But for younger companies, or organizations that are not yet in their best season, the way to implement this process is to define an ideological framework, apply that framework to the core leadership team, and then apply that framework. Incorporate it throughout your organization. These are like subprocesses of the individual process.
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development is distinguished from training in that
Training is the process of enhancing employees' knowledge, skills, and capacities for doing a job. Employee development refers to their entire progress. These are learning activities intended to help employees grow.
Employee training and development are critical components of human resource function and management. Both initiatives attempt to improve employees' performance and productivity. Training is a program arranged by an organization to improve knowledge and skills in employees in accordance with job requirements. Development, on the other hand, is a structured action in which the organization's workforce learns and grows; it is a self-assessment act. Employees are given technical information and skills linked to their profession throughout training, which focuses on increasing each worker's competencies. Development, on the other hand, is a type of educational procedure that focuses on the growth and maturity of management professionals.
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Why is there a relationship between rate of return and risk?
Simply put, risk and required return are directly related by the simple fact that as risk increases, so does required return. As risk decreases, the required return decreases.
Actual return: Actual ROI reflects past financial performance and calculates the company's actual his ROI.
Required yield: The required rate of return reflects the level of risk involved in investing in a particular company.
Business valuation theory states that the required return is equal to the perceived risk of the investment. In other words, the rate of return required to attract investors over another investment opportunity in the current market. Effectively, as risk increases, so does the required return, which in turn reduces the value of the company in question (and vice versa).
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Which statement best describes a mixed market economy?Consumer intervention in economic choices is strictly forbidden.The government determines economic choices and makes most decisions.The decisions made by producers and consumers drive all economic choices.Producers and consumers make some economic choices while the government makes others.Producers and consumers make some economic choices while the government makes others.
Consumer intervention in economic choices is strictly forbidden best describes a mixed market economy.
What three categories of mixed economies exist?
Ownership of the factors of production is known as partial state control.Total control by the government - The state has a direct impact on how the entities operate.Public-Private Partnership: A cooperative venture exists.A system that has elements of both capitalism and socialism is called a mixed economy. A mixed economy protects private property and permits some economic freedom in the use of capital, but it also permits government intervention in the economy to further social objectives.
Therefore, Consumer intervention in economic choices is strictly forbidden is the correct answer.
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Which statement about pollution charges is correct?
a. A pollution charge is a tax imposed on the quantity of pollution that a firm emits.
b. A pollution charge gives a profit-maximizing firm an incentive to figure out ways to reduce its emissions—even when the marginal cost of reducing the emissions is greater than the tax.
c. A pollution charge is a tax imposed on the quality of pollution that a firm emits.
d. A pollution charge removes the incentive for a profit-maximizing firm to figure out ways to reduce its emissions.
Option A is correct. A pollution charge is a tax imposed on the quantity of pollution that a firm emits.
What is pollution charges?The main economic justification for the imposition of pollution fees—typically effluent or emissions charges—is to offer incentives to reduce pollution/effluent emissions to the point where the marginal costs of abatement are equivalent to the fee level. These fees can be distinguished from user fees.
How is pollution taxed?For every tons of greenhouse gas emissions, emitters are required to pay a certain amount, which is determined by the government. Businesses and consumers will take action to minimize their emissions in order to avoid paying the tax, such as switching to alternative fuels or implementing new technology.
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McKay Company produces curling irons. The plastic handles used to produce the curling irons are purchased from an outside supplier. Each year, 45,000 handles are used at the rate of 150 handles per day. Some days as many as 180 handles are used. On average it takes 4 days after an order is placed for the inventory to arrive at McKay Company.
Required:
A. Calculate the reorder point without safety stock.
B. Calculate the amount of safety stock.
C. Calculate the reorder point with safety stock.
Safety stock is an extra supply of a product held in the warehouse to prevent running out. It offers defense against changes in demand.
What is the use of safety stock?Organizations can avoid stockouts by using safety stock as a buffer against incorrect planning or lax supplier schedule adherence. Because of this, its expense (both in terms of material and management) is frequently viewed as a drain on financial resources.
How much safety stock is a decent level?The ideal level is dependent on a number of variables, such as inventory velocity, present and future demand, sales volume, and supplier lead times. Generally speaking, the lead time in days multiplied by the daily inventory usage to determine the safety stock level.
. A. Reorder point without safety stock = average daily rate x lead time=150 x 4 = 600
B. Safety stock = (maximum daily rate - average daily rate) x lead time=(180 - 150 ) x 4 = 120
C. Reorder point with safety stock = reorder point without safety stock + safety stock=600 + 120 = 720
Answe 2
A. Machine-related rate = $160,000/(10,000 + 40,000) = $3.20 per machine hour
B. Other overhead rate = $240,000/(30,000 + 30,000) = $4.00 per packing order
C. Overhead cost per unit for Hooked = [($3.20 ´ 10,000) +($4 ´ 30,000)]/200,000 = $0.76
D. Overhead cost per unit for Straight = [($3.20 ´ 40,000) + ($4 ´ 30,000)]/2,000,000 = $0.124
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The level of risk management applies when on the run.
a. True
b. False
The level of risk management applies when on the run. - False
Identification, assessment, and control of financial, legal, strategic, and security threats to the assets and profits of an organisation constitute the process of risk management. Numerous risk management levels explain the operational risk management approach utilised at various project stages and under varied circumstances.
It describes the procedure of determining, evaluating, and prioritising risks before taking action to reduce or manage them. In order to assist the safety and security of personnel, property, and business operations, it is frequently employed in the context of corporations, organisations, and other legal bodies. The traditional context of risk management does not relate to the idea of being on the run.
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Market research needs to be carried out – What primary research did you do to determine if people would want your products or service and what secondary research did you do on your competitors? for a pharmacy
Primary market research is gathering information on your own, frequently by conducting surveys or interviewing members of your target market. Secondary research makes use of information that already exists and can be found in books, publications, or online.
How would you do market research to ascertain the requirements and preferences of customers in your region?Utilize market surveys, focus groups, and market research studies. Spend some time getting to know them well. Find out the facts, ask the proper questions, and learn how to inspire your audience. One of two things—praise or reward—will motivate us.
How can primary methodologies be used to conduct market research?Observation. Numerous insights can be gained through observing consumer behavior, however some questions may remain unresolved.
postal polls.
telephone consultations
online polls.
personal interviews.
focus sessions.
marketing test.
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Which is NOT an example of a supply chain player?
a. Communicator
b. Agent
c. Wholesaler
d. Retailer
Communicator is not an example of a supply chain player. Supply chain include manufacturers, suppliers, warehouses, carriers, distribution centers, and retailers.
What are the functions of Supply Chain?A network of manufacturers and service providers who work together to transform goods from raw materials to end-users. We are connected by the flow of goods, the flow of information, and the flow of money. Supply chain functions include product development, marketing, operations, sales, finance and customer service. The three levels of supply chain management are strategic, tactical and operational.
What are components of the supply chain?Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to create a path to competition that is both cost-effective and competitive.
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A company's partners in the supply chain determine
A) the company's success.
B) the scope of strategic fit.
C) the relevance of sustainability initiatives.
D) the need for customers.
A company's partners in the supply chain determine the company's success.
What does a corporation mean?A group of people can come together to legally form a corporation to do business and run a commercial or industrial venture. Depending on its jurisdiction's corporate legislation, a corporation may be set up in a variety of ways for tax and financial liability reasons.
What makes it a "company"?Because of the desire of its employees to create value, a corporation is known as a company. The Latin word produco, which means to lead forth or bring forward, is the origin of the English verb "to produce." Old French compaignie, or companionship, is the origin of the word "company." Old English, which combines busy with -ness, is also where the word "business" first appeared.
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An economy with a larger involvement in foreign trade:
1) is more likely to suffer a larger trade imbalance.
2) may measure its exports as a share of GDP.
3) has a substantial trade imbalance.
4) has an underlying trade imbalance.
An economy with larger involvement in foreign trade may measure its exports as share of GDP.
What is an export?Exports are products and services that are made in one nation and offered to customers in another. Imports and exports both make up global trade. Nations frequently choose on purpose to conduct business in foreign markets around the world, which give the possibility of greater income and transactional opportunities, as opposed to limiting themselves to their own borders. Export agreements are typically really strategic, and nations exchange them to make sure that their own nation can distribute goods for greater domestic revenue through imports as well as get the things they need via export. Keeping this in mind, governments may be able to influence political conditions by influencing exports. In response to the conflict in Ukraine, the White House issued an executive order that prohibited the import and export of certain products from Russia.
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What is reverse scaling? Why is it used? What is a potential problem with its use?
In reverse scaling, the researcher writes poor form for some gadgets on a multi-item scale so that the gadgets that are having most effective responses are simply at that give up of the scale which is contrary to that cease of scale where they would usually be.
Why is reverse scoring used?Reverse-scoring the negatively-keyed items ensures that all of the objects – those that are originally negatively-keyed and those that are positively-keyed – are regular with every other, in phrases of what an “agree” or “disagree” imply.
Scaling can be reversed by means of the usage of reciprocal factors. If we scale Figure A by means of a factor of 4 to obtain Figure B, we can scale B returned to A the usage of a thing of . This skill that if B is a scaled reproduction of A, A is also a scaled replica of B; they are scaled copies of each other.
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https://brainly.com/question/17897780#SPJ4A person raises a box with a weight of 50 newtons by 0. 5 meter. How much work does the person do in this action?.
The work done by the person is 25J
What is the work done?Weight of the box = 50NHeight raised = 0.5m
Work done = weight x height
= 50 x 0.5
= 25J
Work on a body is accomplished not only by moving the body as a whole from one location to another, but also, for instance, by compressing a gas, spinning a shaft, or even by inducing quiet motions of the particles inside a body by an external magnetic force. The length of the path is multiplied by the component of the force acting along the path to calculate work if the force is constant. The work W is theoretically equivalent to the force f times the distance d, or W = fd, to represent this idea.To learn more about work done, refer:
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Costco - The Six Rights of
Merchandising
Answer:
Explanation:
"Our merchandising philosophy, very simply stat- ed, requires that we have the Right Merchandise, in the Right Place, at the Right Time, in the Right Quantity, in the Right Condition, at the Right Price."
A consumer with paying extra __ if they used the rent to own program to buy the computer rather than using cash
The most expensive overall option is to use a rent-to-own program to purchase the item.
How is this so?If customers chose to purchase the computer with cash instead of a rent-to-own arrangement, they would have to pay an extra $800.00.
For each of the things
Over the course of the contract, paying cash is the least expensive choice.
However, using a rent-to-own arrangement to buy the device will cost you the most money altogether.
Hence, it can be seen that purchasing the item is the most expensive option.
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Maria is considering buying a television and a refrigerator for her new apartment. Her monthly budget is $200.
Maria will pay an extra_______if she uses the rent-to-own program to buy the television, rather than waiting until she saves up enough money to pay cash for it.
If she saves her money and pays cash, she can purchase a refrigerator in
Gene’s friends describe him as helpful, polite, and honest. Those adjectives describe Gene’s _____.
hobby
aptitude
skills
personality traits
Its personality traits, i got an 100% in edge
If Gene’s friends describe him as helpful, polite, and honest. Those adjectives describe Gene’s is: D personality traits.
What is personality traits?Personality traits can be defined as those traits or characteristic that help to describe who a person is and this traits has to do with they way a person behave or act.
People tend to have different personality traits as Mr A personality may be different from Mr B personality. This personality traits play an important role in our life as it defines who we are.
Therefore we can conclude that the correct option is D.
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Why are marginal revenue and average revenue always equal in perfect competition market?
In a perfectly competitive market, marginal revenue and average revenue are always equal because the firm faces a perfectly elastic demand curve.
Since all firms in the market are price takers, the demand curve for each firm is the same as the market demand curve, which is perfectly elastic—the same for everyone. In a perfectly competitive market, the demand curve for each firm is perfectly elastic, meaning that the price of the good is not affected by the quantity of the good produced. As a result, the marginal revenue that the firm receives from producing one additional unit is equal to the market price, which is equal to the average revenue per unit of output. This means that marginal revenue is always equal to average revenue in a perfectly competitive market. This also implies that a perfectly competitive firm will always obtain maximum profits at the point where marginal revenue equals marginal cost.
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Can I leave home at 16 in California?
Yes, you can leave home at 16 in California with parents consent.
When a young person turns 16, they can leave the house or their parents can ask them to leave. However, parents are responsible for the welfare of their children until they turn 18 – and they will likely need support. There are many reasons why a young person might want to leave the house. They may want to live with a partner or friends, have children of their own, or feel insecure.
In some cases, parents can ask their children to leave the house when they turn 16 - sometimes because they feel they can't support them financially or because of broken relationships.
We have advice on when it is legal for a child or young person to move out and what supports are available when they move.
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An asset is classified as goodwill on the balance sheet when a company purchases an asset at greater than fair-market value. According to GAAP, you can adjust goodwill when__________
SELECT ONLY ONE
O an asset is
O sold stock prices go down
O a new asset is purchased
O stock prices go up
O goodwill is impaired
An asset is classified as goodwill on the balance sheet when a company purchases an asset at greater than fair-market value. According to GAAP, you can adjust goodwill when goodwill is impaired.
The definition of goodwillGoodwill is an intangible asset related to the acquisition of one business by another. It stands for value that might provide the purchasing company with a competitive edge.
What is an illustration of goodwill?When a firm buys another for a sum greater than the fair market worth of the latter's assets, goodwill is created. For instance, Company ABC might pay more for Company XYZ than the sum of its debts and assets. The balance would be recorded as goodwill on the balance sheet of Company ABC.
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Is NAFTA a successful agreement?
To increase trade between the United States, Canada, and Mexico, the North American Free Trade Agreement (NAFTA) was established more than 20 years ago.
What made NAFTA a success or a failure, and why?The North American Free Trade Agreement has been a success by any standard, despite what critics of trade liberalization like Pat Buchanan claim. Since the implementation of NAFTA, trade between the U.s, Canada, and México has soared, benefiting both American exporters and consumers. Until the USMCA went into effect, NAFTA was still in effect. Canada and Mexico informed the United States that they were prepared to put the deal into effect in April 2020. NAFTA was replaced on July 1st, 2020, by the USMCA. There were little adjustments made by the new law. However, NAFTA resulted in an enormous new U.S. NAFTA trade imbalance due to an increase in imports rather than an improved trade balance with Mexico and Canada.
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What are good investments for 401k?
For many Americans, contributing to a 401(k) is a crucial element of saving money for retirement. Since you typically won't access your 401(k) money until you turn 5912.
These employer-sponsored retirement accounts have years, and even decades, to increase in value. Stocks and mutual funds are only a couple of the numerous investing options available to you. Some people choose risky investment strategies in the hopes of earning larger returns because they have a higher risk tolerance. Others favour a more cautious strategy that reduces the danger to their 401(k) value. Investments include risk, but some 401(k) options are more stable than others over time. An example of a pooled investment vehicle for debt securities is bond funds. Bond funds frequently concentrate on a specific category of bonds, such government bonds. While some bond funds have a broad objective, others have a more specialized one.
Depending on the sort of bond fund you select, risk levels will vary, but bond mutual funds are typically viewed as a more conservative option than stock mutual funds.
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Advantages of using activity-based costing includes all of the following:
-better production and pricing decisions.
-more effective overhead cost control.
Better production and price decisions are only a few of the benefits of implementing activity-based costing. -better management of overhead costs. Activity-based costing is used by mobile companies.
What benefits does activity-based management offer?
The ABM process gives managers knowledge of the profitability of each business or product line as well as tips on how to boost profitability. As a result of this knowledge and insight, prices may be revised to be more accurate and reflect costs. It can be helpful when taking into account a fresh company prospect.
Activity-based costing offers a more precise way to calculate the costs of goods and services, which results in more accurate price decisions. By rendering expensive and non-value-adding operations more visible.
Therefore, it improves understanding of overheads and cost drivers and enables managers to decrease or eliminate them.
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disadvantages of using activity-based costing includes all of the following:
Setting up and maintaining an ABC system takes time and money, but it provides management with important information that can be utilized to enhance process efficiency and raise product profit margins.
Activity-based costing, sometimes known as ABC, is a method used in accounting to assign indirect costs to goods. Manufacturing overhead expenses are allocated using an activity-based costing approach. Production overhead refers to the secondary costs associated with manufacturing. This excludes direct materials and labor. Using this strategy results in a more realistic portrayal of all expenses associated with the production of a product. The ABC approach categorizes overhead costs into cost pools. A cost pool is a collection of separate expenses. This category is influenced by the same cost drivers. The ABC technique assigns expenses based on related activities, such as the use of expensive to maintain equipment.
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How is car lease amount calculated?
Car lease amount is calculated by dividing the car value with the terms of the lease added with the interest amount to be paid.
To determine the car lease amount, you might need to do steps:
Geather lease informationsCalculate the car's valueDetermine the principal amountCalculate the interest aounAdd the principal and interest paymentsFirst, you need to gather all related data about the vehicle you want to lease. You need the manufacturer suggested retail price (MSRP), negotiated price, residual value, term of lease, and interest rate factor. You might ask a car finance company or browsing in the internet to get these informations.
Next, you need to calculate the vehicle value by using the MSRP and residual value data. Since a lease is only up to 36 months, the full value of the car would not be used by the leaser. You can ask the car finance expert to get the information related the residual value of a vehice. You can negotiate the lease value between the MSRP and the residual value of the vehicle.
Then, you can calculate the principal amount of the car lease by dividing the negotiated car value with the term of the lease. You need to calculate te interest amount by multiplying the principal amount with the interest rate factor. Lastly, you need to sum up both the principal amount and interest amount to estimate your total lease payment.
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A knowledge problem exists when
a. the information available to a decision-maker is not accurate and based on opinion.
b. the information needed to make a good decision is not available to a decision-maker.
c. a decision-maker refuses to believe or make use of available information.
d. so much information is available to decision-makers that it is difficult to process all the relevant information.
The knowledge problem occurs when: B) the information necessary to make a good decision is not available to the decision maker.
The required details about knowledge problem is mentioned in below paragraph.
The knowledge problem is the assertion that the data necessary for rational decision making Economic planning is distributed among the individual actors and must therefore exist outside the knowledge of the central authority. The notion of the knowledge problem is related to F. Hayek's seminal article "The Use of Knowledge in Society" (1945).
The fundamental economic problem facing societies, according to Hayek, is not the allocation of a particular set of resources according to a particular set of technical preferences and capabilities; on the contrary, the coordination of decisions and actions between individual actors interacting with scattered private knowledge and plans is the basis of economic activity.The distributed and private nature of knowledge makes such coordination of plans difficult, but institutions that enabling decentralization Coordination arises from people in.
In the problem of knowledge, prices and market processes create a coordinating institution. Furthermore, Hayek argued that knowledge goes beyond "scientific" information, that there is no fixed, uniform set or distribution of data, and that data cannot capture all knowledge relevant to both static decision-making and coordination.
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Why are persons hands a useful tool when estimating a serving size?
Answer:
Hands are fantastic tools for estimating serving sizes since we always carry them around and they are scaled to the size of the person to which they are attached. They're a consistent unit of measurement and can be used anywhere.
When governments run budget deficits How do they make up the differences between tax revenue and spending?
A year of budget deficits has prompted the federal government to sell bonds to cover the gap between spending plans and tax revenues. The dollar value of all outstanding government bonds owed by the federal government is the same as the national debt.
A deficit is not a debt. The difference between deficit and debt is the time frame. The federal deficit (or surplus) refers to what happens to the federal budget each year. Public (or federal) debt accumulates over time. If he in college borrows $10,000 each year for four years, his annual deficit is $10,000, but his accumulated debt over four years is $40,000.
National Debt is the total amount owed by the federal government to holders of Treasury bills, Treasury bills, Treasury bills, and U.S. savings bills. 5. If the federal government runs a budget deficit, it will close the gap by having the US Treasury issue new US securities.
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