Business, 09.03.2020 19:50 Jacobstoltzfus
Match each of the following cash payment activities to the internal control principle to which it best relates. Select the appropriate Internal Control Principle from the dropdown listed below.
a. The business manager has the only key to the check-signing equipment.
b. The purchasing manager orders all goods and services for the business.
c. A bank reconciliation is prepared monthly.
d. Prenumbered checks are used for all payments.
e. The company asks suppliers to deliver their merchandise to the warehouse but mail their nvoices to the accounting department
Answers: 3
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What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
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Business, 22.06.2019 11:40, derrion67
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
Business, 22.06.2019 22:00, lol9691
Gyou are in charge of making the work schedule for the next two weeks. typically this is not a difficult task as you work at a routine 8am – 5pm company. however, over the next two weeks you are required to schedule someone to be in the office each saturday. after contemplating this for a few days you make the schedule and assignments. before posting the schedule for everyone you decide that it is a good idea to meet personally with the two people you have scheduled to work the weekend. what do you say to them? what is your desired outcome?
Answers: 3
Match each of the following cash payment activities to the internal control principle to which it be...
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