The control principle related to not having the same person authorize and pay for goods is known as.

Answers

Answer 1

The control principle related to not having the same person authorize and pay for goods is known as:establishment of responsibility.

What is establishment of responsibility?

Establishment of responsibility can be defined as the way in which a person is assign to only one responsibility or assign to one particular roles.

This person is the only individual that has the right or authority to authorize and approve all transactions or to pay for goods.

Therefore  the control principle related to not having the same person authorize and pay for goods is known as:establishment of responsibility.

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Related Questions

At December 31, the records of Kozmetsky Corporation provided the following selected and incomplete data: Common stock (par $2; no changes during the current year). Shares authorized, 5,000,000. Shares issued, ? ; issue price $7 per share. Shares held as treasury stock, 11,700 shares, cost $5 per share. Net income for the current year, $400,660

Answers

If the common stock account is $143,000 the shares issued is 71500 shares and shares outstanding is 59800 shares.

Shares issued and shares outstanding

Shares issued= Common stock account / par value per share

Shares issued = $143,000 / $2

Sharesd issued= 71500 shares

Shares outstanding = Shares issued - Shares in treasury

Shares outsatnding= 71500 - 11700

Shares outstanding=59,800 shares

Therefore the shares issued is 71500 shares and shares outstanding is 59800 shares.

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The increase in total revenue that results from selling one more unit of output is.

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The increase in total revenue that results from selling one more unit of output is the marginal revenue

Hope that helps!

A mortgage banker operating as a correspondent lender typically does not have his own funds to lend, so he establishes a line of credit with commercial banks that is called

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A mortgage lender is a mortgage banker operating as a correspondent lender who establishes a line of credit with commercial banks.

What is mortgage lender?

A mortgage lender serves as a financial institution which offers and underwrites home loans.

These mortgage Lenders posses some specific borrowing guidelines and they do establishes a line of credit with commercial banks.

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The organization that works with companies on recalls of unsafe products (such as lead-paint laden Thomas the Train toys) is

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The organization that works with companies on recalls of unsafe products is known as The Consumer Product Safety Commission (CPSC)

What is Consumer Protection?

This refers to the agency or body that is charged with the quality of goods and/or services that consumers buy and use.

Hence, we can see that the Consumer Product Safety Commission (CPSC) in America is the agency that is charged with helping with the safe recall of defective or unsafe products to protect the consumers.

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FAB has three partners, Ramon, Janna, and Jackie, and $20,000 in assets when it begins its winding-up process. FAB owes $20,000 to a supplier, $25,000 on a bank note, and $5,000 to Jackie for a loan she gave to the partnership. FAB does not have a partnership agreement. What financial rights and obligations does Jackie have

Answers

Assuming FAB has three partners, Ramon, Janna, and Jackie, and $20,000 in assets when it begins its winding-up process. The financial rights and obligations that Jackie have is: b. Jackie must pay a net amount of $5,000.

Net amount

Using this formula

Net amount=Bank note -Assets

Where:

Bank notes=$25,000

Assets=$20,000

Let plug in the formula

Net amount=$25,000-$20,000

Net amount=$5,000

Inconclusion the financial rights and obligations that Jackie have is: b. Jackie must pay a net amount of $5,000.

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Kohl’s is addressing the increasing importance of technology in the retail experience by investing in.

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Kohl’s is addressing the increasing importance of technology in the retail experience by investing in E. All of the above.

What is technology?

It should be noted that technology simply means the application of science to a particular course.

From the complete question, Kohl’s is addressing the increasing importance of technology in the retail experience by investing in digital promotion, self checkout, etc.

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What is the cost when someone borrows money from someone else?.

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The cost when someone borrows money from someone else is known as interest.

What is interest?

Interest rate is the cost of borrowing. It is the amount the borrower pays the lender for use of their funds. It is usually a function of the amount borrowed, length of the loan and the interest rate.

For example, if a person borrows $1000 for 1 year at an interest rate of 10, the interest that would be paid is: $1000 x 0.1 = $100.

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Why might a country choose to devalue its currency? to please its trading partners to encourage exports to encourage imports to reduce taxes

Answers

The major reason a country might choose to devalue its currency is to encourage exports.

What do you mean by Devaluation?

Devaluation refers to the downward movement in the value of the country's currency. The government that issues the currency has the power to devalue its currency.

Devaluating the currency reduces the cost of a country's exports and reduces trade deficits. For encouraging exports, a country chooses to devalue the currency.

Therefore, B is the correct option.

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Answer:

B) to encourge exports

Explanation:

edge

A(n) _____ in government spending, a _____ domestic currency, and _____ interest rates will shift the aggregate demand curve to the left.

Answers

A(n) decrease in government spending, a stronger domestic currency, and higher interest rates will shift a country's aggregate demand to the left.

What is a country's aggregate demand?

Aggregate demand is a measurement of the total amount of demand for all finished goods and services produced in an economy. Aggregate demand is expressed as the total amount of money exchanged for those goods and services at a specific price level and point in time.

Therefore, the answers to the gaps are disease, stronger and higher.

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Which of the following must be present in order for the aggregate supply curve to form an upward slope?
a. constant price level for intermediate goods and services
b. rise in aggregate quantity of supplied goods and services
c. fixed cost of inputs combined with rising prices for outputs
d. the lure of higher profits to induce continued production

Answers

The fixed cost of inputs combined with rising prices for outputs is the item that must be present for the aggregate supply curve to form an upward slope.

What is the aggregate supply curve?

The supply curve on the supply graph depict the total quantity of goods and services that is supplied by all producers in country.

When an upward slope is formed on am aggregate supply curve, its shows positive relationship between price level and real GDP in the short run.

Therefore, the Option C is correct.

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In the global financial crisis box in section​ 6.2, bloomberg reported that the​ three-month treasury bill sold for a price of $100.002556 per $100 face value. what is the yield to maturity of this​ bond, expressed as an​ ear?

Answers

Based on the price the three-month treasury bill was sold at, and the face value, the yield to maturity as an EAR would be -0.010223%.

What is the yield to maturity as an EAR?

First find the 3 month yield to maturity:

= Face value / Sale value

= 100 / 100.002556

= -0.002556%

Expressed as an EAR, this is:

= (1 - 0.002556/100.002556)⁴ - 1

= -0.010223%

The Annual yield to maturity would be:

= -0.002556% x 3 / 12 monts

= -0.010224%

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Answer the following questions. For getting full mark - try not to copy paste from the notes.

1. What is the difference between interstate and intrastate commerce? [2 marks]
2. What are the ways that the government can deal with a monopoly? [2 marks]
3. What kinds of property are protected by copyrights? [2 marks]

MATH SKILLS
Frank and his wife Mara have separate investment accounts. Frank’s account has $7,680 invested in stocks and $2,560 in bonds. Mara’s total investment in stocks and bonds is $4,000 split in the same proportion as her husband’s. Write and solve a proportion to calculate how much Mara has invested in bonds. [4 marks]

Proportions
A proportion is an equation with equivalent ratios on each side. When one of the four numbers in a proportion is unknown, the proportion may be solved by using cross products to find the unknown number. Question marks or letters are frequently used in place of the unknown number.

Answer Hint:
Mara has $1,000 invested in bonds. To find the unknown value that represents the value of Mara’s bond investment, you need to know the proportion of Frank’s bond investment. Set up this equation:

Frank’s Total ÷ Frank’s Bonds = Mara’s Total ÷ Mara’s Bonds
$10,240 ÷ $2,560 = $4,000 ÷ ?
4 = $4,000 ÷ ?
$1,000 = ?

Answers

Answer:

1. You are engaging in Interstate commerce by transporting goods across state lines. Intrastate trucking means that you drive your commercial motor vehicle only within a state's boundaries and that you do not fit any of the other descriptions of interstate commerce.

2. The government can regulate monopolies through: Price capping – limiting price increases. Regulation of mergers. Breaking up monopolies.

3. Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

(NOT GOOD AT MATHS LOL)

what is the value of product portfolio?

Answers

Answer:

Product portfolio analysis can provide nuanced views on a stock type, company growth prospects, profit margin drivers, income contributions, market leadership, and operational risk. This is essential for investors conducting equity research by investors or analysts supporting internal corporate financial planning.

goal of a strategic position is to create the largest gap possible between the ________ that a firm creates through its offerings and the ________ required to create these offerings.

Answers

The goal of a strategic position is to create the largest gap possible between the value that a firm creates through its offerings and the cost required to create these offerings.

What is Strategic positioning?

Strategic positioning help the company to makes some kind of value thar is needed to achieve the organizational goals.

Therefore, Strategic positioning is a key aspect of the company for great development.

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The following are all functions of money except A. medium of exchange B. store of value C. unit of account D. illiquid asset

Answers

Answer:

Explanation:

D: The whole point of money is that it is not illiquid. It must be easily transferred. This is never the function of money and so D is your answer.

A: Money is a medium of exchange. I'll give you 5$ if you will give me a one way bus pass.

B: Though we are going to have doubts about this in the future, money should have some value and the closer to being constant, the better.

C: There should be some way of making money in small enough and large enough that transactions are accomodated. If you buy a truck for 60000 dollars, the 60000 tells you how many units the truck costs.

The combination of print advertisements, commercials, special offers, promotions, and displays of a product are all part of the product’s marketing or advertising _____.

indicators
campaign
structure
consternation

Answers

Answer: i believe its B) “structure”

Explanation: might be wrong but its the only one that makes since based on definition .

If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on

Answers

If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on wholesalers.

What do you mean by push policy?

A push policy refers to a policy that promotes only to the next marketing institution down the marketing channel.

A push promotional strategy is where a firm attempts to take its products to consumers.

Thus, If a manufacturer decides to use a push policy to promote its products, it is most likely to focus its efforts on the wholesalers.

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6. Responsible for the production of finished products:
O A. Manufacturer
B. Distributor
O C. Driver
O D. Seller

Answers

Answer:

The answer is A. Manufactuer

Explanation:

The manufacturer makes the item.

The manufacturer is responsible for the production of finished products. Thus, option A is appropriate.

A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to customers, retailers, wholesalers, distributors, or other manufacturers who can use them to make more complicated products.

A manufacturer is an individual or organization that converts raw materials into finished goods and sells them to customers using a variety of tools, machinery, and procedures.

One of the most important economic sectors is manufacturing. It creates products that people require to survive and provides for their comfort.

Thus, option A is appropriate.

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The Digby company will increase its automation for the Dim product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Answers

Given that the  Digby company will increase automation for the product by 2.0, the cost of the automation is going to be  $10,800,000

How to solve for the automation cost

We have the following details to answer the question with.

Material cost is  14.04

The current automation is 7 percent

The cost of labor is 6.95

Next sound capacity is 1,350

Automation increase = 2% + 7% = 9%

Cost to increase automation =

Capacity * 4 (new automation - old automation)

1350 * 4(9-7)

= 10800

An input of 1 is given as 1000.

Therefore the automation cost is 10800 * 1000

= $10800000

complete question

The Digby company will increase its automation for the Dim product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost?

Select : 1

$10,800,000

$21,600,000

$18,900,000

$9,450,000

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Dobson Company hires John to work on Dobson's shipping dock, accepting deliveries and dealing with other companies' drivers. With respect to Dobson, John is most likely

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Dobson Company hires John to work on Dobson's shipping dock, accepting deliveries and dealing with other companies' drivers. With respect to Dobson, John is most likely an agent.

Who is an agent?

This is a term that is used to refer to a person that carries out assignments or work on behalf of another person or group.

The company is a party that hired John to do this work on their behalf. Hence John is an agent.

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The Fair Labor Standards Act was originally intended to cover employers engaged in Multiple Choice intrastate commerce only. any and all commerce, including foreign commerce. both intrastate and interstate commerce. interstate commerce only.

Answers

The Fair Labor Standards Act was originally intended to cover employers engaged in interstate commerce only.

What is the  Fair Labor Standards Act ?

This is the labor act in the United States that is used to establish the minimum wage as well as the overtime pay of the workers in the country.

It is a federal law that is also applicable to record keeping in the nation. It protects workers from unfair wages.

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Leah trades some of her homegrown peppers to her neighbor, Charlie, for some tomatoes fresh from his garden. This type of trade represents an example of Multiple Choice direct exchange. tax avoidance. e-commerce. barter.

Answers

Barter is the type shown in the statement as Charlie, Leah's neighbor, trades some of her homemade peppers for tomatoes from his garden. They are just exchanging goods in return of goods.

What is Barter system?

Bartering is the exchange of products or services between two or more individuals without the use of money or a monetary mechanism like a credit card.

Trading is defined as a transaction in which one party provides one good or service in exchange for another party's provision of a different good or service.

Thus, option D, Barter is correct.

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Why does each monopolistically competitive firm generally have limited control over market price?.

Answers

Answer:each firm has a relatively small percentage of the total market

Explanation:

The main purpose of insurance policies that are protected by COBRA is to:
A. allow people to increase their health coverage by paying higher
premiums.
B. extend insurance coverage to a worker's dependents.
C. allow people to cancel their insurance coverage if they lose their
job.
D. extend insurance coverage if a worker loses their job.

Answers

Insurance policies that are covered by COBRA are done to D. extend insurance coverage if a worker loses their job.

What is the purpose of COBRA?

The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers in the event that they lose their jobs for certain reasons.

This protection comes in the form of the worker and their families being able to access the health insurance benefits they had while the worker was working. This access will eventually lapse however.

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Examination of the sources of supply for purchased parts or materials in order to improve performance is called

Answers

The vendor analysis is a method to evaluate and compare suppliers in a production chain.

What is vendor analysis?

The vendor analysis is a method that producers use to compare the cost-benefit of the different supplies and suppliers involved in their production.

This process is necessary to constantly improve because it allows the producer to improve their products from the process of acquiring the required raw materials.

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What can be traded in a commodities market? stock bonds oil debt

Answers

Answer: C ,oil

Explanation:

did the test

The Oil can be traded in a commodities market.

Why oil can be traded in a commodities market?Oil trading is the selling and buying of various types of oil and oil-related substance to make a profit. Oil is a finite resource, its price can fluctuate wildly due to changes in supply and demand. This volatility makes it extremely familiar among traders. Crude oil is a global commodity that is traded in markets around the world, both as spot oil and through derivative contracts.

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While shopping online at Amazon, you are given the option of free shipping if you add just six more dollars to your current total. This sales promotion appeal is analogous to the rack of candy bars and gum at a grocery store's checkout aisle, which is known as ______

Answers

Answer:

a point-of-purchase display

Explanation:

Sally’s parents deposited $15,000 into a college savings account on her third birthday. the account had an interest rate of 9.6% compounded annually. they were hoping that the money would double twice by the time she was 18 years old. using the rule of 72, t = startfraction 72 over r endfraction will their hopes come true? yes, the $15,000 will double each 7.5 years. in 15 years, it will double twice. yes, the $15,000 will double in 7.5 years and be four times as much in 15 years. no, the $15,000 will only double once in 15 years, not double twice. no, it will take 30 years for the $15,000 to double twice.

Answers

Answer:

The answer is $53724.27. If you rounded up.

Answer:

A. Yes, the $15,000 will double each 7.5 years. In 15 years, it will double twice.

Explanation:

Edge 22'

An example of policies designed to encourage new local industries serving the domestic market would be subsidizing imports to the domestic market. removing all trade restrictions and price supports. imposing import tariffs or otherwise restricting imports. taxing exports of manufactured goods.

Answers

Policies designed to encourage new local industries serving the domestic market would be C. imposing import tariffs or otherwise restricting imports.

What are import restrictions?

Import restrictions are trade protective policies enunciated to protect companies and workers in a home economy from foreign competition.

As a trade barrier, import restriction restricts the importation of goods and services produced in foreign countries so that local industries could survive and become internationally competitive.

Thus, an example of policies designed to encourage new local industries serving the domestic market would be C. imposing import tariffs or otherwise restricting imports.

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Your renter's insurance policy costs $20/month and has a $1,000 deductible. A thief breaks into your apartment and steals your $800 TV set. How much would your insurance company pay?

Answers

Answer:

the answer is undefined because there is no given month but given the information.. the insurance company would have to pay 800$ to replace the TV set.

The insurance company pays zero amount.

What is a renter's insurance policy?

A renters insurance policy is a collection of coverages meant to protect tenants who live in a house or flat. After a covered loss, a typical renters insurance policy offers three categories of coverage to help protect you, your property, and your living arrangements.

Given:

Insurance policy costs $20/month

Deductible amount=$1,000

Theft= $800

As the deductible amount is $1000 and the theft amount is $800 which is less than the deductible amount so the insurance company will not pay any amount i.e Zero.

Therefore, the above explanation describes the renter's insurance policy.

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Three centuries ago, issac newton wrote: ". . . to myself i seem to have been only like a boy playing on the seashore . . . whilst the great ocean of truth lay all undiscovered before me." when newton surveyed the vast ocean of truth which lay before him, the laws of nature were shrouded in an impenetrable veil of mystery. visions, michio kaku but the ocean that newton knew as a boy has largely disappeared. before us lies a new ocean, the ocean of endless scientific possibilities and applications, giving us the potential for the first time to manipulate and mold these forces of nature to our wishes. visions, michio kaku identify a key term used in both passages. The figure is made up of a semi circle and triangle find the area of the figure use 3.14Help pleaseee points=13 The sum of five consecutive integers is 46 less than 9 times the least of the integers. Find the largest consecutive integer.Question 6 options:A) 17B) 10C) 18D) 19 Based on the reading and your desire to keep you pets, describe your approach to solving the problem of keeping your rabbits. The middle ear communicates with the nasopharynx through the. what happens when the cell cycle is completed incorrectly. Line segment A' B' is the result after line segment AB goes through a single transformation. In which transformation would the measure of line segment A'B' be different than the measure of line segment AB? Suppose that the central bank increases interest rates in an economy. How would this affect aggregate demand and inflation?a) Aggregate demand would fall and inflation would rise.b) Aggregate demand would fall and inflation would fall.c) Aggregate demand would rise and inflation would rise.d) Aggregate demand would rise and inflation would fall. Tech A says that a parasitic draw is measured in volts. Tech B says that pulling fuses one at a time can help locate a parasitic draw. Who is correct In the mid-1800's, which of thefollowing groups was allowed to get apublic school education in the UnitedStates?A. BoysB. GirlsC. Slaves Please help me with this I need to get it done Collective farming is where thecontrols the farms.A. governmentB. farmerC. consumers "The asteroid is 1.4 miles across and orbits the sun such that it occasionally crosses Earths orbit." Which more precise word best replaces "crosses" in this sentence?A. IntersectsB. HitsC. Overpasses D. Bumps What was a goal of the Elementary and Secondary Education Act of 1965?OA. Support for schools in low-income areasOB. Support for after-school programs for at-risk youthC. Increased university research on how to improve educationO D. All of the aboveSUBMIT A taco shop sells tacos and fountain drinks.Nash bought two tacos and three fountain drinksfor $13. Everly bought four tacos and twofountain drinks for $14. Write and solve a system of equations to determine the cost of ataco and a fountain drink. What happens to a rock that undergoes elastic deformation once the stress is released?. Which of these cities hosts a famous Mardi Gras festival?Oklahoma CityWashington DCNew OrleansSan Antonio In double-entry accounting, each transaction affects at least two accounts.True or false twelve more than the quotient of forty and eight Which of the following is the equation of the function below?