Audit firms are increasingly considering the operational data such as production logs, customer relationship management data, and supply chain data to provide a more comprehensive view of an organization's financial health.
By incorporating this data into an audit, companies are now able to detect the anomalies that could indicate fraud or errors. In addition, supply chain data can provide information about the sources of supplies and the costs of those supplies, helping to identify potential errors in the cost reporting. Ultimately, by incorporating operational data into the audit process, companies are able to uncover potential problems that might otherwise go undetected.
To know more about audit click here
https://brainly.com/question/29979411
#SPJ4
In the context of the strategies that organizations adopt for competing in the international environment, the process of producing products in the domestic marketplace and then selling them in other countries is called importing.
The given statement, the strategies that organizations adopt for competing in the international environment, the process of producing products in the domestic marketplace and then selling them in other countries is called importing, is false.
What is an import?A product or service that was created in another nation but was purchased in one is an import. The two pillars of international trade are imports and exports. A nation's trade balance, commonly referred to as its trade deficit, is negative if the value of its imports exceeds the value of its exports.
The majority of the time, nations will import items or services that the exporting nation's own industry cannot provide as effectively or inexpensively. Additionally, nations may import goods or raw materials that are unavailable within their boundaries. For instance, many nations import oil because they are unable to do so domestically or because there is not a sufficient supply to meet demand.
To know more about trading visit:
https://brainly.com/question/27622280
#SPJ4
Which of the following types of plans describes how a business resumes operation after a disaster?
internal operations plan
business unit plan
virtual private network plan
emergency operation plan
business continuity plan
Option 5 is correct. Business Continuity Plan is the type of plans describes how a business resumes operation after a disaster
A business continuity plan (BCP) is a type of plan that describes how a business will resume operations after a disaster. It outlines the procedures, resources, and processes that will be used to maintain or restore critical business functions in the event of an emergency or disruption. It includes a detailed plan for recovery and restoration of vital systems and operations, including communication, IT infrastructure, and logistics. The other plans mentioned, such as internal operations plan, business unit plan, virtual private network plan, and emergency operation plan, are also important but they are not specifically designed to resume operation after a disaster.
Know more about Business Continuity Plan - https://brainly.com/question/29749861
#SPJ4
What is the main benefit of organic farming?
The main benefit of organic farming is that it helps protect the environment from toxic chemicals and pesticides and also conserves nutrients in the soil. By avoiding the use of synthetic fertilizers, herbicides, and other chemicals, it helps prevent contamination of groundwater and surface water with these potentially harmful substances.
This prevents the spread of water-borne diseases and protects aquatic animals. Organic farming also helps reduce soil erosion, as the use of chemical fertilizers can lead to soil degradation. In addition, organic farming helps to promote biodiversity in the environment as it relies on the natural diversity of plants and animals. Finally, organic farming can also help reduce air pollution, as the use of chemical fertilizers and pesticides releases large amounts of greenhouse gases.
To know more about organic farming click here
https://brainly.com/question/3480003
#SPJ4
LaTonya was just hired as an engineer for an electric company. She will make a salary of $50,000 a year.
How much of LaTonya's salary will be taxed at the 10 percent rate?
LaTonya receives $50,000 annually. She will pay $5,000 annually if her salary is subject to tax at the 10 percent rate because: = (50,000 ÷ 100) × 10 = 500 × 10 = $5,000.
A salary clause, a sort of recurrent payment from an employer to an employee, may be included in an employment contract. In contrast, piece wages are paid separately for each job, hour, or other unit rather than on a regular schedule. Salary can also be seen from the perspective of operating a corporation as the expense of obtaining and keeping employees to carry out operations; this is known as a personnel expense or salary expense. Payroll accounts are used in accounting to record salaries. A salary is a predetermined amount of cash or other compensation that a business pays an employee in exchange for work performed. Salary is frequently paid at regular intervals.
To learn more about Salary click here
brainly.com/question/16423331
#SPJ4
the reconciliation of the bank statement is a process of comparing date on a bank statement with records maintained in the medical office
Reconciliation appears to be a plan that accounts for discrepancies between the cash balance on a company's general ledger and the cash balance shown on its bank statement. Therefore, the statement is accurate.
Bank statement reconciliation:A bank reconciliation statement is an overview of each transaction (deposits, withdrawals, fees, and interest) made on a business's bank account and how they relate to the company's financial records.
The balance of a bank account in the cash book and the final balance on the bank statement are reconciled using a bank reconciliation statement.
The process of reconciliation assures the legitimacy and correctness of financial data. A robust reconciliation procedure also guarantees that transactions have not been altered without authorization while being processed.
The practice of reconciling dates on a bank statement to information held in the medical office is called bank statement reconciliation.
For such more question on reconciliation.
https://brainly.com/question/15525383
#SPJ4
Note the above question would be as bellow,
The reconciliation of the bank statement is a process of comparing date on a bank statement with records maintained in the medical office. State true or false.
the american marketing associan has established these to ensure that marketing firms do not return findings
The American Marketing Association (AMA) has established a Code of Ethics to ensure that marketing firms do not return findings or results that are misleading or inaccurate.
The Code of Ethics requires that marketing firms provide accurate and reliable data that is free from bias and is based on reliable sources. Additionally, the Code of Ethics requires that marketing firms be transparent with their clients about the methods used to obtain their data and provide an accurate representation of the results. This ensures that marketing firms do not return findings that are not substantiated and provide their clients with the best possible information.
To know more about marketing here
https://brainly.com/question/14115181
#SPJ4
Shantel just wrote a check for a bill that was entered in the Enter Bills window. What should she do to correct her mistake?
Shantel just wrote a check for a bill that was entered in the Enter Bills window. The mistake she should to make correct void the check and enter the payment through the pay Bills window.
The payment is the transaction of money and also defined as the transfer of goods or services. A payment can be made in the form of cash, check, wire transfer, credit card, or debit card.
The Enter bill window is the best suitable for the small and medium sized business. The most common billing mistakes to take care of committed by a large number of sellers despite the consequences.
To know more about payment here,
https://brainly.com/question/15136793
#SPJ4
Selecting a job based on your skills and interests is important, because on average, a person with a full time job works approximately _____ hours each year.a.1200b.1600c.2000d.2400 Please select the best answer from the choices providedABCD
Selecting a job based on your skills and interests is important, because on average, a person with a full time job works approximately 2000 hours each year.
Your choices for work activities and settings are reflected in your career interests. You may make a better educated and smart career selection by determining your professional interests. By choosing a job that utilizes your skills and is consistent with your beliefs and preferences, you are following your career interests. Simply simply, you're discovering regular activities that you love. It's crucial to periodically review your professional assets because your interests in a field may change over time. For instance, you could uncover a passion you weren't aware you possessed or one you haven't had a chance to pursue yet. Interests in a career are significant since they reveal your choices for a workplace. There are several advantages to coordinating your profession with your hobbies.
Learn more about interests here:
https://brainly.com/question/29480777
#SPJ4
Under pressure to open new accounts, a bank employee creates savings accounts in the names of current customers. The accounts are small, and a fee is deducted from their current accounts to cover the new savings. This allows the employee to show 100 new accounts opened for the month and nets the bank $1000 in fees. What kind of crime is this an example of
Answer:
This scenario is an example of embezzlement, fraud or Misuse of confidential information by the bank employee.
Explanation:
hope this helps
What is the force that encourages people and organizations to improve their material well being?
The profit motive encourages people and organizations to improve their material well-being.
That's the argument why people bring about, to make a living and every day a much better way of living, that's the reason for Companies to live, to make a gain. That's why Capitalism is the most profitable system in North America, to allows people to make earnings doing business.
People work to hold substantial effects and deliver money to do numerous conditioning and the companies need to be profitable to repay their plutocrats to investors and possessors. So it's accurate to articulate that The item that describes the force that encourages people and associations to ameliorate material well-being is the profit motive.
To learn more about material well-being,
https://brainly.com/question/14575889
#SPJ4
promotion and customer support for products and services: generation of power and making it available to people: performing for and sharing information with others: teaching people and supporting learners:
Promoting items and services and providing customer service sales, marketing, and customer service; Power generation and distribution to the public energy; giving performances and sharing knowledge with others A/V, communication, and the arts Educating others and assisting learners Training and Education.
Describe marketing approach.A advertising strategy is a plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are.
How does strategic planning look in practice?One of the most common examples of strategic planning is a corporate strategy, which tries to increase marketing and brand recognition. Including new goods and quality improvements There are various ways to take advantage of growth prospects, such as using aggressive marketing strategy.
To know more about strategy planning visit:
https://brainly.com/question/15285486
#SPJ4
A type of mortgage which allows the lender to increase the outstanding balance of a loan up to the original amount of the loan in order to advance additional funds is called an
An open-end mortgage is a specific kind of mortgage that enables the lender to advance more money by raising the outstanding balance of a loan up to the original loan amount.
An open-end mortgage allows the borrower to take out additional loans up to a predetermined amount on the same loan.
The borrower can avoid the time and hassle of hunting for a loan elsewhere by using an open-end mortgage. It is a form of rotating credit in which the borrower is permitted to receive a loan increase up to a sure cap. Typically, banks establish a loan-to-value ratio and ensure that the total loan amount—including both the original and the top-up loans—does not exceed that value ratio.
To learn more about open-end mortgage, tap here:
brainly.com/question/28149428
#SPJ4
What are the 3 types of saving?
The three types of saving are general saving, retirement saving, and emergency saving.
General saving is saving money for short-term needs such as vacations or purchasing a car. Retirement saving is saving money for when you are no longer working and need to supplement your income.
Emergency saving is saving money for unexpected expenses or times of financial hardship. It is important to have all three types of saving in order to ensure financial stability. Hence, three types of saving are general saving, retirement saving, and emergency saving.
For more questions like Savings click the link below:
https://brainly.com/question/29789876
#SPJ4
Which of the following factors should be considered when choosing the mode, class, and carrier for a shipment: a. Service requirements of the customer
b. The cost of the transportation service
c. The characteristics of the product
d. The transit time offered by the carrier
e. All of the above
All of the above factors should be considered when choosing the mode, class, and carrier for a shipment.
What is shipment?
Shipment is the physical process of transporting goods from one location to another. It typically involves packing, loading, transporting, unloading and unpacking of goods. It is usually done by ground, air or sea transportation, but it can also involve other modes of transport such as rail. Shipments typically involve the movement of goods from one place to another, often across international borders. The goods are usually sent from the origin to the destination in containers, trailers, pallets, crates, packages and other forms of packaging. The goods may also be accompanied by documents such as bills of lading, packing slips and manifests. The purpose of shipment is to ensure prompt, safe and cost-effective delivery of goods from one place to another.
To learn more about shipment
https://brainly.com/question/29772039
#SPJ4
Many people use mobile apps and online software to manage and create personalized budgets. Suppose your task is to develop an online tool for personal budgeting. What information would be included or entered
The common information of the budget software are:
Income FlowAccount detailsNameFrequent billsBudgetExpenseFrom the inquiry, we comprehend that the utilization of the product is to oversee and make customized budget
The normal data of most budget software are:
Pay Stream
Account subtleties
Name
Continuous bills
Financial plan
Cost
There are a few other data, but the above addresses the normal data the device would have.
rom the inquiry, we comprehend that the utilization of the product is to oversee and make customized spending plans
The normal elements of most budget software are:
Custom reports
Make financial plan
Cost following
Spending limit
Cautions (SMS as well as Email)
Bills installments
Needs and Needs
Monetary status
There are a few different highlights, but the above addresses the kinds of elements the device would have
Know more about elements to be added in a budget software - https://brainly.com/question/28813092
#SPJ4
TRUE OR FALSE standard costs can be used by management to assess the reasonableness of actual costs incurred.
Management can use standard costs to assess the reasonableness of the actual costs incurred.
Standard material costs, standard labor costs and standard overhead costs are found in the standard cost table published by the Institute of Management Accountants. When using standard cost, factory overhead is allocated to products at a predetermined standard overhead rate. Organizations committed to continuous improvement strive to achieve practical standards rather than ideal standards. Standard cost:
The value of an item purchased or manufactured is always equal to the declared standard cost of the part. This applies to parts in stock or out of stock. The difference between the actual cost and the standard cost is posted to the variance account.
Know more about Management here:
https://brainly.com/question/29023210
#SPJ4
Thaddeus is a salaried exempt worker who earns $52,500 per year for a 45-hour workweek. During a biweekly pay period, he worked 105 hours. What is his gross pay
Thaddeus' gross pay for the biweekly pay period is $6,562.50. This is calculated by multiplying his salary of $52,500 by the number of hours worked (105) and then dividing by the number of hours in a regular workweek (45).
This amount does not include any overtime pay, as salaried exempt employees are not eligible for overtime.
Prior to making any deductions, including tax deductions, the gross compensation of an employee is computed by averaging their basic pay and benefits. In this context, a basic salary is an employee's base pay or the set portion of their benefits package.
To know more about gross pay here
https://brainly.com/question/30010559
#SPJ4
Why is it important to evaluate the information we have gathered?
In our day-to-day lives, it is essential to evaluate the information we collect in order to make sure it is accurate, reliable, and relevant to our purpose.
Different sources of information can be very different in terms of quality and accuracy, and it is important to take the time to evaluate the information we have gathered in order to ensure we have the most up-to-date and accurate information available.
Evaluating the information we have collected can also help us to determine whether or not the information is applicable to our needs and objectives.
Taking the time to evaluate the information we have gathered can help us to make better decisions and ensure that our data is reliable and valid.
To learn more about information, click here:
https://brainly.com/question/24621985
#SPJ4
End of Chapter Problems 13. In the accompanying diagram, the economy is in short- run macroeconomic equilibrium at point E. Answer the following questions, based on the diagram. SRAS, a. The economy is experiencing a recessionary gap. Aggregate price level b. Suppose the government enacts policies to return the economy to its long-run macroeconomic equilibrium. In the accompanying graph, shift the AD and/or SRAS curves and move the equilibrium point to its new position to illustrate the policies' effect on the economy. 0 1 2 3 4 5 Real GDP 6 7 8 9 10
In the accompanying diagram, the economy is in a recessionary gap, meaning that the real GDP is below the long-run macroeconomic equilibrium. To return the economy to its long-run macroeconomic equilibrium, the government can use fiscal and/or monetary policy tools.
For example, the government can expand fiscal policy by increasing government spending and/or decreasing taxes. This will increase aggregate demand (AD) and shift the AD curve to the right, which will increase the output level and shift the equilibrium point (E) to the right.
The government can also use monetary policy to return the economy to its long-run macroeconomic equilibrium. By increasing the money supply, the central bank can lower interest rates, which will increase aggregate demand (AD) and shift the AD curve to the right, increasing the output level and shifting the equilibrium point (E) to the right.
In addition, the government can use supply-side policies to reduce costs and increase incentives for companies to produce and hire, which will shift the short-run aggregate supply (SRAS) curve to the right, increasing the output level and shifting the equilibrium point (E) to the right.
T know more about economics here
https://brainly.com/question/30187687
#SPJ4
How long-term is long-term?
When it comes to long-term investments, there is no set definition of what constitutes “long-term.”
Generally speaking, long-term investments typically involve a period of at least five years, but this can vary depending on the type of investment and the individual investor’s goals and risk tolerance.
For example, stocks, bonds, and mutual funds can all be held for different lengths of time, ranging from months to decades. So, when it comes to long-term investments, it is important to consider your individual goals and risk tolerance to determine what is best for you.
When it comes to making a long-term commitment, it can be hard to determine exactly what that means. For some, long-term could mean a few months or even a few years. For others, it could mean a decade or more.
To learn more about long, click here:
https://brainly.com/question/12957834
#SPJ4
managerial accounting information for a company is primarily used by ________.
Managerial accounting information for a company is primarily used by its employees to plan, direct and control operations.
The field of accounting known as managerial accounting often referred to as cost accounting and management accounting entails the production of reports and other essential papers that support a manager's decision-making when running their business and taking actions to enhance its operations.
Various processes involved in the identification, measurement, analysis, interpretation, and distribution of information that support a company's management in its managing functions make up managerial accounting.
To learn more about Managerial Accounting, visit the link below:
brainly.com/question/2629744
#SPJ4
Question Mode Multiple Choice Question What will happen to a bond's time to maturity as the years go by
The duration until a bond matures determines how long the owner will continue to receive payments on their investment. The principal is reimbursed when the bond matures.
How does investment work?Making an investment entails using money now in the hopes that it will appreciate later. An investment is putting capital to use, such as work, money, effort, etc., with the hope of receiving a larger return than what was initially invested.
How do investments function?The simplest way to understand how investing works is to acquire an asset for a low price and then sell it for a higher price. This type of investment return is referred to as a capital gain. generating income by reselling assets in a profitable manner.
To know more about investments visit :
https://brainly.com/question/15353704
#SPJ4
What is the present value of a series of payments received each year forever, starting with $1,000 paid one year from now and the payment growing in each subsequent year by 6%
What drawbacks are there to using a bank card? A few drawbacks of credit cards are high interest rates, excessive spending by cardholders, fraud risk, etc.
What exactly is a personal interest?Personal hobbies are leisure activities one enjoys. They might include pastimes, athletic endeavors, creative endeavors, free time, volunteer work, cultural interests, spiritual practices, conventional activities, educational endeavors, and personal growth.
What kind of interest is ideal?A fixed rate is the most often used kind of interest since it is straightforward to compute, understand, and consistent.Both the client and the lender are aware of the precise interest rate responsibilities associated with a credit or loan account. Consider, for instance, a $10,000 bank loan to
C = Rs 10,000
n = 5
r = 6%
PV = 1,0,000 / (1+0.06)^5
PV = Rs 7518.
To know more about interest visit:
https://brainly.com/question/29480777
#SPJ4
The present value of a series of payments received each year, starting with $1,000 is Rs 7518.
What exactly is a personal interest?Personal hobbies are leisure activities one enjoys. They might include pastimes, athletic endeavors, creative endeavors, free time, volunteer work, cultural interests, spiritual practices, conventional activities, educational endeavors, and personal growth.
What kind of interest is ideal?A fixed rate is the most often used kind of interest since it is straightforward to compute, understand, and consistent. Both the client and the lender are aware of the precise interest rate responsibilities associated with a credit or loan account. Consider, for instance, a $10,000 bank loan to
C = Rs 10,000
n = 5
r = 6%
PV = 1,0,000 / (1+0.06)^5
PV = Rs 7518.
To know more about interest visit:
brainly.com/question/29480777
#SPJ4
How do you do comparative shopping?
When a customer clicks on a product of yours, they are taken to your website, where they can complete their purchase. Comparison shopping engines include the following: Shop on Go-ogle. Pricegrabber.
How does a customer benefit from comparison shopping?Before making a purchase decision, consumers frequently engage in the practice of comparison shopping, in which they compare the prices of multiple products from multiple retailers. Comparison shopping is particularly popular for purchases of higher-value goods and services because price is frequently a deciding factor.
How can you learn to compare prices in practice?Read advertisements in newspapers, make calls, browse the web, and visit various stores to compare prices effectively. You can negotiate with retailers to get them to match or even come close to the lowest price using prices you find online.
To learn more about Comparison shopping here:
https://brainly.com/question/3610890
#SPJ4
Determine your company's mode of entry into foreign markets. This should be based upon a serious analysis of your company's risk-return tradeoff. In your opinion, has your company taken the right approach
Every international business was nearly startled as a regional business and over time has espoused different modes of Entrance into the foreign business.
Different modes of entry into transnational business are grounded on the size of your business, your expansion strategies, the implicit size, the demand of your elected transnational request, the profitability, and the business terrain of the overseas country.
When businesses promote success within their domestic markets, they strive to expand their businesses into multinational markets, in a crack to imitate its blockbuster in overseas markets. Similarly, the company that I presently work for is trying to break into the middle- east with commodities that we aren't implicit of whether it'll bring about well there or not.
To learn more about risk-return,
https://brainly.com/question/14855559
#SPJ4
_____ is not a type of current problem that organizational development can help address.
Diversification is not a type of current problem that organizational development can help address.
What does "diversification" mean?In the world of finance, diversification refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk. By investing in a variety of assets, one typical way to achieve diversification is to lower risk or volatility. To lower portfolio risk, diversification is a technique that combines a wide range of investments. The most popular way to diversify your investment portfolio is to buy into a variety of asset classes, including stocks, bonds, real estate, and cryptocurrencies.
To know more about diversification visit:
https://brainly.com/question/30026503
#SPJ4
Which of the following is an advantage of franchising as a mode of entry into foreign markets?
A. The franchiser is relieved of many of the costs and risks of opening a foreign market on its own.
B. The franchiser is allowed to take profits out of one country to support competitive attacks in another.
C. The franchiser can easily maintain uniform quality across many geographically dispersed franchisees.
D. Manufacturing concerns can be effectively coordinated across adjacent processes.
E. The franchiser can support its short-term interests in a country with an unstable economy
One benefit of franchising as a method of entry into international markets is that the franchiser is relieved of many of the costs and hazards of launching a foreign market on its own.
What do you know about foreign markets?
Foreign markets refer to investments and trading activities that take place outside of one’s home country. These markets involve buying and selling stocks, bonds, commodities, and other financial instruments in international markets. Foreign markets offer investors the opportunity to diversify their portfolios and gain exposure to a wide range of global markets. Investing in foreign markets can be riskier than domestic investments, due to currency fluctuations, political uncertainty, and lack of liquidity. However, with the right research and due diligence, foreign markets can offer investors greater returns than domestic markets. Furthermore, foreign markets can be used to hedge against volatility in the domestic markets. Investors should research the local laws, regulations, and tax implications before investing in foreign markets.
So, The correct option is A.
To learn more about foreign markets:
https://brainly.com/question/29110727
#SPJ4
When dealing with scarcity, it is important to identify the best way to use the item that
is
Answer:
Explanation:
in short supply
a(n) ________ scholar explores communication with the ultimate goal of changing society.
a critical scholar explores communication with the ultimate goal of changing society. A collection of people engaged in constant social interaction is referred to as a society.
A society is a collection of people that regularly contact with one another or a significant social group that inhabits the same physical or social region and is generally under the control of the same political leadership and prevailing cultural norms. A given society may be defined as the sum of all of these interactions among its constituent members. Societies are characterized by patterns of relationships (social relations) between people who share a certain culture and institutions. In the social sciences, subgroup domination or stratification patterns frequently appear in bigger societies. By designating particular behaviors or ideas as acceptable or undesirable, societies create patterns of behavior.
learn more about society here:
https://brainly.com/question/13295832
#SPJ4
Franklin Manufacturing provided the following information for month ended March 31:
Sales revenue: $15,000
Beginning finished goods inventory: $9,000
Ending finished good inventory: $10,500
Cost of goods manufactured: $17,600
Compute cost of goods sold.
Franklin Manufacturing provides the cost of goods sold is $16,100 with a Sales revenue: $15,000
What is sales revenue?Before any costs are subtracted, sales revenue is the income from goods and services.Sales revenue is typically calculated over a specific time frame, such a fiscal year or quarter.Net sales in accounting and financial accounting refer to operating revenues received by a business from the sale of its goods or provision of its services.Sales revenue are directly recorded on the income statement as Sales or Net sales and are also referred to as revenue.Due to its role in calculating the company's gross margin—the difference between revenue and cost of goods sold—gross margin expense is significant. The net is also computed using it.The following formula can be used to determine the cost of products sold: Cost of goods sold is calculated as follows: Cost of goods manufactured - Ending finished goods inventory
Cost of goods sold in this instance is $16,100 ($9,000 + $17,600 - $10,500).
So, for the month that ended on March 31, Franklin Manufacturing's cost of goods sold was $16,100.
The cost of goods sold, which in this case refers to the month ended March 31, shows the cost related to the goods that have been sold over a given period.
To learn more about sales revenue the given link
https://brainly.com/question/21290956
#SPJ4