carla is a high-net-worth individual who was once an entrepreneur. she now financially invests in small start-ups and businesses. though carla funds their initial operations and advises them on the best way to develop their operations, she rarely interferes with their day-to-day operations. in the context of the various forms of equity funding, carla is most likely

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Answer 1

Carla supports their first operations and offers guidance on how to expand them, but she seldom ever gets involved in their day-to-day activities. Carla is most likely a business angel in the sense of the several types of equity capital.

Carla is a wealthy woman who formerly had her own business. She currently makes financial investments in small enterprises and start-ups. A private individual who directly invests some of their assets in start-up and expanding private firms is known as a business angel.

They are often high net worth individuals with prior business expertise. Business angels can make individual investments or participate in syndicates, where one angel often assumes the leadership position.

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Related Questions

Given forecast errors of 4, 8, and -3, what is the mean absolute deviation?a) 4b) 3c) 5d) 6e) 12

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The mean absolute deviation (MAD) is 4. The correct option is a.

The mean absolute deviation (MAD) is the average of the absolute deviations from the mean of a set of numbers. To calculate the MAD for the given forecast errors, we first need to find the mean:

Mean = (4 + 8 - 3) / 3 = 3

Now we can calculate the absolute deviations from the mean for each forecast error:

|4 - 3| = 1

|8 - 3| = 5

|-3 - 3| = 6

To get the MAD, we take the average of these absolute deviations:

MAD = (1 + 5 + 6) / 3 = 4

Therefore, the MAD is 4, which is option (a).

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In addition, Waterway Company's income statement reported a loss on the disposal of plant assets of $5,285. What amount was reported on the statement of cash flows as "cash flow from sale of equipment (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash flow from sale of equipment

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This is because the loss on disposal of plant assets is a non-cash item that is deducted from the proceeds received from the sale of equipment to arrive at the cash flow from the sale of equipment.

Assuming that Waterway Company sold the plant assets for less than their book value, the amount reported on the statement of cash flows as cash flow from sale of equipment would be a decrease in cash flow and would be shown in parenthesis as ($5,285). The movement of money into or out of a business, enterprise, or financial product is referred to as cash flow. It shows how much money a business makes from its operations and investments as well as how much it spends on financing, investing, and running activities.

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under ifrs rules, companies do not calculate a ceiling or floor when determining inventory market. the reason for this anomaly with u.s. standards is

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Under IFRS rules, companies do not calculate a ceiling or floor when determining inventory market value due to differences in the way IFRS and U.S. GAAP standards approach inventory valuation.

1. IFRS uses the Lower of Cost or Net Realizable Value (LCNRV) method, which compares the cost of inventory with its net realizable value, and records the lower value. Net realizable value is the estimated selling price minus the costs to complete and sell the inventory.

2. U.S. GAAP, on the other hand, uses the Lower of Cost or Market (LCM) method, which includes a ceiling and floor for determining inventory market value. The ceiling is the net realizable value, while the floor is the net realizable value minus a normal profit margin.

The reason for this anomaly between IFRS and U.S. GAAP standards is due to the different approaches to inventory valuation, with IFRS focusing on the net realizable value and U.S. GAAP incorporating the market value with a ceiling and floor for more conservative reporting.

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A progressive tax structure like the one we have in the United States means A. It is the same as flat tax in which everyone pays the same rateon taxable income B. The tax rate increases as your income increases C.Is the amount of tax on $1 of additional taxable income D. None of the above

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A progressive tax structure like the one we have in the United States means that the tax rate increases as your income increases. This means that individuals who earn higher incomes are subject to higher tax rates than those who earn lower incomes. The correct option is B.

The goal of a progressive tax structure is to create a fairer and more equitable tax system, in which those who can afford to pay more contribute a larger share of their income to support public services and programs.

Contrary to a flat tax in which everyone pays the same rate on taxable income, a progressive tax system takes into account the ability of different income groups to pay taxes. This is achieved through the use of marginal tax rates, which apply different tax rates to different portions of an individual's income. The marginal tax rate is the amount of tax on $1 of additional taxable income. As income increases, the marginal tax rate also increases, resulting in a higher overall tax burden for higher earners.

In conclusion, a progressive tax structure is designed to promote fairness and equity in the tax system by taxing higher earners at a higher rate than lower earners. This system allows for those who can afford to pay more to contribute a larger share of their income to support public services and programs.

Thus, the correct option is B. The tax rate increases as your income increases

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if a business uses a windows domain/active directory for controlling network access and user accounts, then you should recommend the pro or _______________ edition of windows.

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If a business uses a Windows domain/Active Directory for controlling network access and user accounts, then it is recommended to use the Windows 10 Pro edition.

This is because the Pro edition includes additional features such as group policy management, remote desktop, and device encryption, which are essential for managing a network environment. Additionally, the Pro edition supports joining a domain, which is required for integrating with Active Directory.

The Home edition does not support domain joining or group policy management, making it unsuitable for businesses that require centralized management of their network and user accounts. Therefore, the Pro edition is the best choice for businesses using a Windows domain/Active Directory.

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Different types of boundaries place limits on organizations in order to foster high degrees of interaction with outside influences and varying levels of permeability. True or False

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The given statement, "Different types of boundaries place limits on organizations in order to foster high degrees of interaction with outside influences and varying levels of permeability," is false (F) because boundaries are intended to restrict interactions with outside influences.

Organizational boundaries can take various forms, such as physical, legal, cultural, and psychological, and their primary purpose is to define the scope of an organization's activities, roles, and responsibilities. By establishing boundaries, organizations can ensure that their resources are utilized effectively and efficiently, and protect themselves from external threats and disruptions.

Moreover, boundaries can also facilitate collaboration and innovation by providing a framework for managing differences and conflicts among various stakeholders. However, the degree of permeability and interaction with external entities is usually limited by the type and level of boundaries that an organization sets.

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Suppose you read in the Wall Street Journal that a bond with face value $100 has an annual coupon rate of 9% and a price of $71. What is the bond's current yield?

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The bond's current yield is approximately 12.68%.

The current yield is the annual interest payment on the bond divided by the current market price of the bond, expressed as a percentage. In this case, the bond has a face value of $100, an annual coupon rate of 9%, and a market price of $71.

To calculate the annual interest payment on the bond, we multiply the face value of the bond by the annual coupon rate, which gives us $9.

To calculate the current yield, we divide the annual interest payment by the market price of the bond and then multiply by 100 to express the result as a percentage.

So, the current yield is ($9/$71) x 100 = 12.68%.

Note that this calculation assumes that the bond will be held until maturity and that all interest payments will be received on time. If the bond is sold before maturity or if there is a risk of default, the actual yield may differ from the current yield.

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Dollar-value LIFO eliminates the risk of LIFO liquidations.
True False

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The given statement "Dollar-value LIFO eliminates the risk of LIFO liquidations" is True. Dollar-value LIFO (Last In First Out) is a method of inventory accounting that takes into account both changes in the quantity and price of inventory items and eliminate the risk.

This method works by valuing a company's inventory in current dollars and adjusting it for inflation using price indexes. It eliminates the risk of LIFO liquidations, which occur when a company's inventory levels decline and it has to liquidate its remaining LIFO layers at lower prices, resulting in lower profits or even losses.



With Dollar-value LIFO, the inventory is viewed as a pool of value, rather than a specific quantity of items. This means that if the quantity of items in inventory decreases, the value of the inventory will still remain the same, since it's calculated using the most recent prices.


Overall, Dollar-value LIFO is a more accurate and efficient method of inventory accounting that can help companies reduce the risk of LIFO liquidations and manage their tax liabilities more effectively.

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under the (absorption,variable) costing method only variable costs are assigned to products.

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The given statement under the (absorption,variable) costing method only variable costs are assigned to products is false because Under the variable costing method, only variable costs are assigned to products.

In general , Under variable costing, only variable costs are assigned to products, while fixed costs are treated as period costs and expensed in the period incurred. This method is also known as direct costing or marginal costing.

This method includes all manufacturing costs incurred in the production of a product, including direct materials, direct labor, variable overhead, and fixed overhead. Absorption costing is required by generally accepted accounting principles (GAAP) for external financial reporting purposes.

--The given question is incomplete the complete question is

under the (absorption,variable) costing method only variable costs are assigned to products. true/false

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Colombia had to spend $3.5m to relocate 70 of which animal that once belonged to infamous cartel boss pablo escobar?

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Colombia had to spend $3.5m to relocate 70 hippos that once belonged to infamous cartel boss Pablo Escobar.

The animal that Colombia had to relocate from its original location at Hacienda Nápoles, which belonged to the infamous cartel boss Pablo Escobar, is a group of hippos.

Escobar brought four hippos to his estate in the 1980s, and since his death, the animals have been reproducing and increasing in numbers, causing concern for their impact on the local ecosystem.

These hippos were originally brought to Colombia by Escobar as part of his private zoo, but after his death, they were left to roam free in the countryside. The hippos have since become an invasive species and a danger to local ecosystems, so the Colombian government had to take action to relocate them to a safer location.

This was a costly and difficult process, but it was necessary to protect the environment and prevent any harm to human populations.

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How does the retail inventory method establish the lower-of-cost-or-market valuation for ending inventory?
1. The procedure is applied on a cost basis at the unit level.
2. By excluding net markups from the cost-to-retail ratio.
3. By excluding beginning inventory from the cost-to-retail ratio.
4. By excluding net markdowns from the cost-to-retail ratio.

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The retail inventory technique determines whether to value ending inventory at the lower of cost or market. by removing net markups from the ratio of cost to retail. Option 2 is correct.

The retail inventory technique adds up the value of the items that may be purchased, including the initial inventory and any additional purchases of inventory, to get the ending inventory value. The commodities offered for sale are deducted from the total period sales.

Instead of valuing inventory at real cost or LCM, retail merchants can utilise the retail inventory technique to price inventories at approximate cost or approximate lower of cost or market (LCM). The traditional retail inventory strategy aims to approximate the market or average cost, whichever is lower. Hence, markups but not markdowns are included in the cost % computation. when a business adds a markup on top of that. Option 2 is correct.

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QUESTION 32
Expenses and revenues are recorded in the accounting records when actual money is exchanged (not credit) in which type of system?
Finance
Cash
Accrual
Banking
3 points
QUESTION 33
Which of the following statements is FALSE?
NAICS and SIC codes are essentially the same thing
NAICS and SIC codes classify businesses to collect, analyze and publish statistical data related to the US economy
SIC codes are no longer used in the US
NAICS codes were jointly created by the US, Canada, and Mexico

Answers

32) the correct answer is Cash.

In a cash-based accounting system, expenses and revenues are recorded when actual cash is exchanged, whereas in an accrual-based system they are recorded when the transactions occur regardless of when the cash is exchanged.

33) the statement that is FALSE "NAICS and SIC codes are essentially the same thing.

" While both codes are used to classify businesses, NAICS (North American Industry Classification System) codes were developed more recently and are now the standard used by the US government. SIC (Standard Industrial Classification) codes were used in the past but have been replaced by NAICS codes. NAICS codes were jointly created by the US, Canada, and Mexico to standardize industry classifications across North America, whereas SIC codes were developed only for the US. Both codes are used to collect, analyze, and publish statistical data related to the US economy.

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on january 1, 2022, the balance in tabor company's allowance for bad debts account was $13,011. during the first 11 months of the year, bad debts expense of $21,528 was recognized. the balance in the allowance for bad debts account at november 30, 2022, was $9,763. required: what was the total of accounts written off during the first 11 months? (hint: make a t-account for the allowance for bad debts account.) as the result of a comprehensive analysis, it is determined that the december 31, 2022, balance of the allowance for bad debts account should be $9,276. show the adjustment required in the journal entry format. during a conversation with the credit manager, one of tabor's sales representatives learns that a $1,265 receivable from a bankrupt customer has not been written off but was considered in the determination of the appropriate year-end balance of the allowance for bad debts account balance. what is the effect of write-off on 2022 net income?

Answers

Total of accounts written off=$24,766, part b is  bad debt expense is overstated by $487

Accounts total (Bad Debt) written off = Opening Bad debt expense incurred during the period plus the balance in the bad debt allowance account equals the closing balance in the bad debt allowance account.

=$13,011+$21,528−$9,763

=$24,766

T---account

                                 Allowance for bad debts

                                                      $13,011   Balance from Jan 1st

                                                      $21,528    Bad debts expense

Bad debts written off $24,766

                                                      $9,763 Balance on November 30

b)Adjusted journal entry for change in amount of allowance for bad debt account

December 31st 2013     Account        Debit         Credit

         Allowance for bad debts          $487

        Bad debts expense                                        $487

calculation

When it should have been $9,276, the allowance for bad debt account balance as of November 30th was $9 763. The bad debt expense is therefore inflated by  

$9,763- $9, 276 = $487

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Find the sample size necessary for a 90% confidence level with maximal error of estimate E = 0.39 for the mean price per 100 pounds of watermelon. (Enter a number. Round up to the nearest whole number.) Incorrect: Your answer is incorrect. farming regions (c) A farm brings 15 tons of watermelon to market. Find a 90% confidence interval for the population mean cash value of this crop (in dollars). What is the margin of error (in dollars)? Hint: 1 ton is 2000 pounds. (For each answer, enter a number. Round your answers to two decimal places.) lower limit $ upper limit $ margin of error $

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To find the sample size necessary for a 90% confidence level with a maximal error of estimate E = 0.39 for the mean price per 100 pounds of watermelon, we can use the formula for sample size calculation for a confidence interval:

n = (Z*σ/E)^2

where:

n = sample size

Z = z-score corresponding to the desired confidence level (for 90% confidence level, Z ≈ 1.645)

σ = population standard deviation (unknown in this case)

E = maximal error of estimate (0.39)

Plugging in the given values, we get:

n = (1.645*σ/0.39)^2

Since the population standard deviation (σ) is unknown, we cannot calculate the exact sample size without this information.

For the second part of the question, to find a 90% confidence interval for the population mean cash value of 15 tons of watermelon (equivalent to 15 x 2000 = 30,000 pounds), we would need additional information such as the sample mean and sample standard deviation. Without this information, we cannot calculate the confidence interval or the margin of error.

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a new york city daily newspaper called manhattan today charges an annual subscription fee of $162. customers prepay their subscriptions and receive 240 issues over the year. to attract more subscribers, the company offered new subscribers the ability to pay $160 for an annual subscription that also would include a coupon to receive a 40% discount on a one-hour ride through central park in a horse-drawn carriage. the list price of a carriage ride is $150 per hour. the company estimates that approximately 30% of the coupons will be redeemed. required: how much revenue should manhattan today recognize upon receipt of the $160 subscription price? how many performance obligations exist in this contract? prepare the journal entry to recognize sale of 12 new subscriptions, clearly identifying the revenue or deferred revenue associated with each performance obligation.

Answers

Assuming the company sells 12 new subscriptions, the journal entry to recognize the sale and associated revenue would be 192

General Journal     Debit  Credit  

Cash       1920   =160*12

Deferred revenue—subscription   1728  =1920*162/180

Deferred revenue—discount coupon   192   =1920*18/180

A discount coupon is a promotional tool used by businesses to offer customers a specific discount or savings on a product or service. The coupon can be in the form of a physical or digital voucher that customers can redeem at the point of sale. The discount offered can be a percentage off the regular price or a fixed amount.

Discount coupons are often used as a marketing strategy to attract new customers, reward loyal customers, or clear out inventory. They can be distributed through various channels, such as email, social media, or printed materials. Some businesses also partner with coupon websites or mobile apps to reach a wider audience. When customers use a discount coupon, they receive a reduced price for the product or service, which can be an incentive to make a purchase.

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Suppose the overall investment in the economy has increased. Based on the aggregate expenditure model, the price level in the economy will:increasedecreasenot changeNo answer text provided.

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This is because an increase in investment leads to an increase in aggregate demand, which can put upward pressure on prices. The investment economy is important to the broader economy because it finances the expansion and development of governments and businesses.

If the overall investment in the economy has increased, based on the aggregate expenditure model, the price level in the economy will likely increase. The economic sector that deals with investments and the production of wealth via investment activities is known as the investment economy. Financial markets including stock, bond, and commodity markets as well as investment tools like mutual funds, hedge funds, and private equity funds are included in this. In the investment economy, people and businesses put money into a variety of assets in an effort to get a return on their investment. This return may take the form of income such as dividends or interest payments, capital gains, a growth in the asset's value, or both.

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a firm has current sales of $272,600 with total assets of $311,000. what is the full-capacity capital intensity ratio if the firm is currently operating at 68 percent capacity?

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The full-capacity capital intensity ratio can be found by dividing the current sales by the current capacity utilization rate is 0.776.

The full-capacity capital intensity ratio measures the amount of assets needed to support a company's maximum level of sales. To calculate it, we need to estimate the amount of assets the company would need to support full-capacity sales.

First, we can calculate the maximum sales by dividing the current sales by the current capacity utilization rate:

Maximum sales = Current sales / Capacity utilization rate

Maximum sales = $272,600 / 0.68

Maximum sales = $400,882.35

Next, we can calculate the full-capacity assets needed by using the full-capacity capital intensity ratio:

Full-capacity assets = Full-capacity capital intensity ratio x Maximum sales

$311,000 = Full-capacity capital intensity ratio x $400,882.35

Solving for the full-capacity capital intensity ratio:

Full-capacity capital intensity ratio = $311,000 / $400,882.35

Full-capacity capital intensity ratio = 0.776

Therefore, the full-capacity capital intensity ratio for the firm is 0.776.

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estimate the number of 16 oz jars of peanut butter that is the energy equivalent of 1 gallon of gasoline.

Answers

It would take 11,776 16 oz jars of peanut butter to include the same quantity of energy as one gallon of gasoline.

Number of Jars = 16 oz jars

Calories in 16 oz jars of peanut butter  = 2,450 calories (approximately)

Gasoline energy = 1 gallon

1 gallon of Gasoline = 33.7 kWh of power.

To calculate it, we can divide the energy content of one gallon of gasoline by the power scope of one jar of peanut butter

Mathematically,

Energy = 33.7 kWh / 0.00286 kWh per jar

Energy = 11,776 jars of peanut butter

Therefore, we can conclude that it would take 11,776 16 oz jars of peanut butter.

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Banks often promote ______ as a financial safeguard, but it's actually an unhealthy money lifeline.

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Banks often promote credit cards as a financial safeguard, but they can actually be an unhealthy money lifeline if used improperly.

While credit cards can provide convenience and rewards, they can also lead to overspending and high levels of debt if not used responsibly. Credit card companies make money by charging high interest rates on balances that are not paid in full each month, so carrying a balance can quickly become expensive.

It's important for individuals to use credit cards wisely by only charging what they can afford to pay off each month and avoiding unnecessary interest charges and fees.

While credit cards can provide short-term assistance with unexpected expenses or emergencies, relying on them for day-to-day purchases or living beyond your means can lead to high interest rates, debt accumulation, and ultimately, financial instability.

It's important to use credit cards responsibly and within your means to avoid long-term negative consequences.

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which of the following statements regarding insurance underwriting is true? group of answer choices insurance underwriters perform any activity that reduces the chance that a loss will occur. insurance underwriters perform a process used to avoid an act that would create a risk. insurance underwriters help insurers determine the insurance needs of the potential insured. insurance underwriters lessen the severity of loss after it occurs. insurance underwriters design rate-classification schedules so that people pay premiums that reflect their chance of loss.

Answers

Option c. It is true that insurance underwriters create rate categorization schedules so that consumers pay premiums that account for their risk of loss.

Insurance underwriters are experts who evaluate and analyse the risks involved in insuring people and property. Insurance underwriters set the price for accepted insurable risks. Receiving compensation for taking on a potential risk is referred to as underwriting. In order to assess the likelihood and size of a risk, underwriters employ specialised algorithms and actuarial data.

During an initial public offering (IPO), the underwriters of an investment bank frequently give a corporation with a specific amount of capital, which is theoretically contributed by investors as the source of capital.

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Complete question:

Which of the following statements regarding insurance underwriting is true?

a. Insurance underwriters help insurers determine the insurance needs of the potential insured.

b. Insurance underwriters lessen the severity of loss after it occurs.

c. Insurance underwriters design rate classification schedules so that people pay premiums that reflect their chance of loss.

d. Insurance underwriters perform a process used to avoid an act that would create a risk.

e. Insurance underwriters perform any activity that reduces the chance that a loss will occur.

You observe a lizard sitting on a log on a sunny day. if the lizard is attempting to raise its body temperature by basking in the sun, what mechanism of heat transfer is being employed?

Answers

The mechanism of heat transfer being employed by the lizard in this scenario is radiation.

Radiation is the transfer of heat energy through electromagnetic waves without the need for a physical medium.

In this case, the sun emits radiation in the form of infrared rays which are absorbed by the lizard's skin, raising its body temperature. The lizard's body also emits radiation, but in the form of heat, which is absorbed by the log it is sitting on, causing the log to warm up as well. This process of radiation allows the lizard to regulate its body temperature and maintain its optimal internal temperature for metabolic processes.


It's important to note that radiation is just one of the three primary mechanisms of heat transfer, along with convection and conduction. Convection involves the transfer of heat energy through fluids, such as air or water, while conduction involves the transfer of heat through direct contact between two objects. However, in this scenario, radiation is the primary mechanism at play, as there is no fluid or direct contact involved in the heat transfer process.

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transfer pricing is a method of moving funds that represents intrafirm sales, which actually make up what percentage of world trade?

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Transfer pricing refers to the practice of setting prices for goods and services sold between different entities within the same multinational corporation. This practice can be used to shift profits to lower-tax jurisdictions and reduce overall tax liabilities.

Estimating the exact percentage of world trade that is represented by intrafirm sales is a challenging task, as such data is not systematically tracked by international trade organizations. However, various estimates suggest that intrafirm trade may account for a significant share of global trade flows.

For example, a 2013 study by the United Nations Conference on Trade and Development (UNCTAD) estimated that intrafirm trade accounted for around one-third of global trade in 2011, up from around one-fifth in 1995. The same study also found that intrafirm trade was particularly important in certain sectors, such as electrical and electronic equipment, where it accounted for more than half of all trade.

Other estimates have suggested that the share of intrafirm trade in global trade could be even higher, with some studies suggesting that it may account for up to two-thirds of all trade flows. However, these estimates are based on more limited data and may not be representative of all sectors and regions.

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a set of rules and procedures that work to limit the opportunity for employee theft or malfeasance.A. Internal audit. B. Internal contro

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A set of rules and procedures that work to limit the opportunity for employee theft or malfeasance, and you'd like an explanation that includes Internal Control. The correct option is B.

The correct term for this set of rules and procedures is Internal Control. Internal control is a system designed to enhance the efficiency and effectiveness of operations, ensure the reliability of financial reporting, and maintain compliance with applicable laws and regulations.

It consists of various policies, procedures, and measures that an organization implements to mitigate risks, prevent fraud, and protect its assets.

Some key components of internal control include segregation of duties, authorization and approval processes, and regular reconciliation of financial records. Additionally, the organization might have a strong ethical culture, proper employee training, and clear communication of expectations.

On the other hand, A. Internal Audit is a separate function within an organization that evaluates and assesses the effectiveness of internal control systems. Internal auditors review the processes and procedures in place, identify potential weaknesses or gaps, and provide recommendations for improvement.

While internal audit plays a crucial role in enhancing internal control systems, it is not the actual set of rules and procedures meant to limit employee theft or malfeasance.

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McClelland's research showed that success in management could be predicted, to some extent, based on an employee's needs. Candidates who "need" were more likely to become managers.
a. power
b. affiliation
c. growth

Answers

Candidates who "need" were more likely to become managers a) Power

McClelland's research on managerial success identified three key needs that influenced an individual's behavior and motivation: power, affiliation, and growth. According to his findings, individuals who displayed a high need for power were more likely to become successful managers.

This is because they are driven by a desire to control and influence others, and to be recognized for their achievements. They are also willing to take risks and make difficult decisions in order to achieve their goals.

In contrast, individuals with a high need for affiliation are more focused on building relationships and maintaining harmony within a group, while those with a high need for growth are driven by a desire for personal development and achievement.

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Franklin, Inc., has an inventory turnover of 18.9 times, a payables turnover of 11.2 times, and a receivables turnover of 9.7 times. What is the company's cash cycle? Assume 365 days per year.
27.83 days
14.27 days
45.25 days
24.35 days
50.91 days`

Answers

Franklin, Inc., has an inventory turnover of 18.9 times, the company's cash cycle is  24.35 days. The correct option is D.

To calculate the company's cash cycle, we will use the following terms: inventory turnover, payables turnover, and receivables turnover.

First, let's determine the number of days for each turnover:

1. Inventory Days = 365 / Inventory Turnover = 365 / 18.9 = 19.31 days


2. Payables Days = 365 / Payables Turnover = 365 / 11.2 = 32.59 days


3. Receivables Days = 365 / Receivables Turnover = 365 / 9.7 = 37.63 days

Now, we can calculate the cash cycle using the following formula:

Cash Cycle = Inventory Days + Receivables Days - Payables Days


Cash Cycle = 19.31 days + 37.63 days - 32.59 days


Cash Cycle = 24.35 days

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Complete question:

Franklin, Inc., has an inventory turnover of 18.9 times, a payables turnover of 11.2 times, and a receivables turnover of 9.7 times. What is the company's cash cycle? Assume 365 days per year.

A. 27.83 days

B. 14.27 days

C. 45.25 days

D. 24.35 days

E. 50.91 days`



which of the following is the best way to build a strong credit history? group of answer choices use a debit card on a regular basis regularly use credit cards to buy on impulse consistently make payments on time use one form of credit to make payments on other debt obtain a loan and pay it off in as few payments as possible

Answers

The best way to build a strong credit score is consistently make payments on time and use one form of credit to make payments and on other debt  obtain a loan and pay it off in as few payments as possible option C,D E.

One of the most crucial indicators of your financial health is your credit score. It provides lenders with a quick snapshot of your credit usage behaviour. Your chances of getting authorised for new loans or lines of credit will increase as your score rises. Also, a better credit score might provide you access to the lowest interest rates when you borrow money.

There are a lot of fast, easy things you can take to raise your credit score. You may begin improving your credit score in just a few hours, even if it can take a few months to see results.

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Complete question:

which of the following is the best way to build a strong credit history? group of answer choices

use a debit card on a regular basis

regularly use credit cards to buy on impulse

consistently make payments on time

use one form of credit to make payments

on other debt  obtain a loan and pay it off in as few payments as possible

suppose that you want to set up a 3-month weighted moving average forecasting system. you want the weights to be percentages (that add to 100%). furthermore, you want weights for the most recent two months to be equal but you want each of those weights to be twice as large as the weight for the oldest month. what should the weight be for the oldest month? a. 25% b. 20% c. 80% d. 33% e. dont have enough information to calculate

Answers

The weight for the oldest month is d. 33%.


To set up a 3-month weighted moving average forecasting system with weights that add up to 100%, we need to assign weights to each month. Let's call the most recent month Month 1, the second most recent Month 2, and the oldest month Month 3.
According to the problem, we want the weights for Month 1 and Month 2 to be equal, and we want each of those weights to be twice as large as the weight for Month 3. Let's call the weight for Month 3 "x."

So, the weight for Month 1 and Month 2 would be 2x each, and the weight for Month 3 would be x.

To make sure the weights add up to 100%, we can set up the following equation:
2x + 2x + x = 100
Simplifying, we get:
5x = 100
x = 20
So, the weight for Month 3 is 20%, and the weights for Month 1 and Month 2 are 40% each (2x).

Therefore, the answer is d. 33%.

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A physical count at April 30,2017 showed 4,300 units of PartT on hand. Using the FIFO method, what is the cost of part Tinventory at April 30, 2017? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost? (Round average cost p 2 decimal places, eg. 15.25 and final answers to O decimal places, eg. 1,620) FIFO LIFO Average Cost Inventory Cost eTextbook and Media Cullumber Company has used the dollar-value LIFO method since January 1, 2017.Cullumber uses internal price indexes and multiple pools. At the end of calendar year 2018, the following data are available for Cullumber's inventory pool A. At Current-Year Cost Inventory January 1, 2017 December 31,2017 December 31,2018 At Base-Year Cost $1,000,000 1,230,000 1,280,000 $1,000,000 1,353,000 1,497,600 Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory in Pool A be reported at December 31,2018? December 31,2018 Price Index Dollar-value LIFO inventory$

Answers

Based on the information provided, we can calculate the inventory cost using the FIFO, LIFO, and average-cost methods as follows:

FIFO method:

The cost of Part T inventory at April 30, 2017, would be the cost of the oldest units in stock, assuming they were the first ones sold. However, the cost of Part T inventory at April 30, 2017, is not provided in the given information, so it cannot be calculated.

LIFO method:

The LIFO method assumes that the newest units are sold first. Since the physical count at April 30, 2017, showed 4,300 units on hand, we can assume that all units acquired after April 30, 2017, were sold, and the ending inventory consists of units acquired prior to that date. Therefore, the inventory cost at April 30, 2017, would be the cost of 4,300 units at the current-year cost, which is $1,280,000 according to the given data.

Average-cost method:

The average-cost method calculates the weighted average of the cost of all units in stock. Since the cost of Part T inventory at April 30, 2017, is not provided, we cannot calculate the average cost.

As for the Cullumber Company, to calculate the inventory value at December 31, 2018, using the dollar-value LIFO method, we would need the price index for December 31, 2018, which is not provided in the given information. Therefore, we cannot determine the dollar-value LIFO inventory for Pool A at December 31, 2018.

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Fisher Corporation invested $320,000 cash in available-for-sale marketable securities in early December. On December 31, the quoted market price for these securities is $337,000. Which of the following statements is correct? Select one O a. Fisher's December income statement includes a S 17,000 gain on investments b. Fisher's December 31 balance sheet reports marketable n s at $320,000 and an unrealized holding gain on investments of $17,000. c. Fishers December 31 balance sheet reports marketable segurities at $337,000 and an unrealized holding gain on investments of S17,000 6 9 8

Answers

Fisher's December 31 balance sheet reports marketable securities at $320,000 and an unrealized holding gain on investments of $17,000.

Since the marketable securities are classified as available-for-sale, any unrealized gains or losses are not included in the income statement. Instead, they are reported as a separate component of shareholders' equity.

Therefore, Fisher's balance sheet will show the cost of the marketable securities at their initial investment value ($320,000) and the unrealized holding gain ($17,000) separately, reflecting the change in market value without affecting the income statement.

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When using a 4 period moving average forecast (MAF):
What is the forecast for month 6?
What is the forecast error for month 6?

Answers

To calculate a 4-period moving average forecast for month 6, you take the average of the previous 4 months' actual data. To calculate the forecast error for month 6, subtract the forecasted value from the actual value for that month.

To calculate the forecast for month 6 using a 4-period moving average forecast (MAF), you would take the average of the previous 4 months' actual data. So if the actual data for months 2, 3, 4, and 5 were 100, 110, 115, and 120 respectively, the forecast for month 6 would be (100 + 110 + 115 + 120) / 4 = 111.25.
To calculate the forecast error for month 6, you would subtract the forecasted value from the actual value for month 6. Let's say the actual value for month 6 was 115. The forecast error would be 115 - 111.25 = 3.75.

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