Bill is promoted to a position that has an elevated level of trust. He started with the organization in an entry-level position, and then moved to a supervisory position and finally to a managerial role. This role entails that the employee trains other employees and has a deep understanding of how the department functions. Which of the following actions should be taken that provide adequate access for Bill without making him a target of suspicious activity?

a. Because Bill needs to train other employees, he should have the access granted in his previous roles.
b. Bill should be granted access based on his current and past roles.
c. Bill should request that his access be downgraded.
d. Bill should have prior access removed to ensure separation of duties and avoid future instances of security risk.

Answers

Answer 1

Answer: D. Bill should have prior access removed to ensure separation of duties and avoid future instances of security risk

Explanation:

The action that should be taken which provides adequate access for Bill without making him a target of suspicious activity is that Bill should have prior access removed to ensure separation of duties and avoid future instances of security risk.

Separation of duties simply means that an individual should not have control over the transactions in the company.

he reconcile a transaction. This is vital in reducing risk in an organization.

Since Bill started with the organization in an entry-level position, after which he moved to the supervisory position and finally to a managerial role, his prior access should be removed.


Related Questions

Which of the following is not an action company co-managers can take to help meet or beat the investor-expected increases in the company's stock price in upcoming years?

a. Increasing annual dividend payments to shareholders most every year
b. Pursuing efforts to increase total operating profits in all four geographic regions the resulting growth in operating profits will improve total net profit and help raise the EPS, driving the company's stock price upward
c. Increasing the amount of earnings retained in the business, thereby building a large amount of cash held in the company's retained earnings account on its Balance Sheet
d. Using a portion of cash flows from operations to repurchase shares of common stock on a regular basis
e. Building the company's earnings per share and retrun on equity; it is widely-known that these are important factors that drive the company's stock price

Answers

Answer:

c. Increasing the amount of earnings retained in the business, thereby building a large amount of cash held in the company's retained earnings account on its Balance Sheet

Explanation:

In the case when the retained earnings in increased so it created the large amount of cash that should be held in the retained earning account of the company in the balance sheet but the same should not have any kind of impact for beating the expectation of the investor for increase in the stock price in near future

So, the option c is correct

A downward-sloping yield curve generally indicates which of the following
(I) higher current short-term interest rates
(II) higher inflation expectations in future years
(III) a strong possibly of a recession within the next year
a) (I) and (III).
b) (II).
c) (III) only.
d) all are correct.

Answers

Answer:

a

Explanation:

A yield curve is a graph that plots the interest rate of bonds at a set point in time.

When the yield curve is downward sloping, it is expected that short term interest rate would be higher than the long term interest rate.

A downward sloping yield curve can be an indictor of coming recession.

A recession is when the GDP of a country for two consecutive quarters is negative. In a period of recession, interest rate is usually lower.

A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.

If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate

A flat yield curve is an indicator that interest rate would be constant

The summarized balance sheets of Blossom Company and Nash Company as of December 31, 2021 are as follows:

Blossom Company Balance Sheet December 31, 2021
Assets $1750000
Liabilities $170000
Capital stock 875000
Retained earnings 705000
Total equities $1750000

Nash Company Balance Sheet December 31, 2021

Assets $1280000
Liabilities $280000
Capital stock 890000
Retained earnings 110000
Total equities $1280000

If Blossom Company acquired a 20% interest in Nash Company on December 31, 2021 for $300000 and the equity method of accounting for the investment were used, the amount of the debit to Equity Investments (Nash) would have been:__________

a. $300000.
b. $200000.
c. $256000.
d. $178000.

Answers

Answer:

The amount of the debit to Equity Investments (Nash) would have been:__________

 

b. $200,000.

Explanation:

a) Data and Calculations:

Blossom Company Balance Sheet December 31, 2021

Assets $1750000

Liabilities $170000

Capital stock 875000

Retained earnings 705000

Total equities $1750000

Nash Company Balance Sheet December 31, 2021

Assets $1280000

Liabilities $280000

Capital stock 890000

Retained earnings 110000

Total equities $1280000

Nash's net assets = $1,000,000 ($1,280,000 - $280,000)

Equity investment = 20% of $1,000,000 = $200,000

Goodwill on acquisition = $100,000 ($300,000 - $200,000)

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales $ 17,700,000 Net operating income $ 5,300,000 Average operating assets $ 35,100,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company.

Answers

Answer:Profit margin = 29.94%

 Asset Turnover =0.50

Return on investment (ROI) =15.09%

Explanation:

Given

Sales for the year =  $ 17,700,000

Net Operating Income =  $ 5,300,000

Average Operating Assets =  $ 35,100,000

a)Profit margin = (Net operating income/Net sales ) x 100%

= $5,300,000/$17,700,000 x 100%  = 29.94%.

This shows that the Alyeska Services company has ability to turn income to profit by  29.94%

b.  Asset Turnover =  Total Sales/ Average Total Assets  = $17,700,000/$35,100,000 = 0.50

c. Return on investment (ROI) =Net income/Total investment  x 100%

 = $ 5,300,000/ $ 35,100,000 x 100% =15.09%

Accurate Metal Company sold 36,500 units of its product at a price of $340 per unit. Total variable cost per unit is $179, consisting of $172 in variable production cost and $7 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.

Answers

Answer: $6,132,000

Explanation:

The manufacturing margin for the company under variable costing will use the variable production costs only as these are the variable costs incurred during manufacturing:

Variable manufacturing margin = ( Sales price - Variable cost per unit) * number of units

= (340 - 172) * 36,500

= 168 * 36,500

= $6,132,000

Example Payback period of a new machine Let’s say that the owner of Perfect Images Salon is considering the purchase of a new tanning bed. It costs $10,000 and is likely to bring in after-tax cash inflows of $4,000 in the first year, $4,500 in the second year, $10,000 in the 3rd year, and $8,000 in the 4th The firm has a policy of buying equipment only if the payback period is 2 years or less. Calculate the payback period of the tanning bed and state whether the owner would buy it or not. Calculate the discounted payback period of the tanning bed, stated in Example 1 above, by using a discount rate of 10%.

Answers

Answer:

Payback Period

Payback period = Year before payback + Amount left to be paid back / Cashflow in year of payback

In year 2, the bed would have paid back:

= 4,000 + 4,500

= $8,500

Would be left with:

= 10,000 - 8,500

= $1,500

Payback period = 2 + 1,500 / 10,000

= 2.15 years

Company will not buy as payback period is more than 2 years.

Discounted payback period.

Discount the cashflows first:

Year 1 = 4.000 / 1.1 = $3,636.36

Year 2 = 4,500 / 1.1² = $3,719

Year 3 = 10,000 / 1.1³ = $7,513.15

Year 4 = 8,000 / 1.1⁴ = $5,464.11

Discounted payback period = Year before payback + Amount left to be paid back / Cashflow in year of payback

= 2 + (10,000 - 3,636.36 - 3,719) / 7,513.15

= 2 + 2,644.64 / 7,513.15

= 2.35 years

ABC Corp. issued $100,000 of bonds at a premium; as a result, the company: A. received more than $100,000. B. received less than $100,000. C. will pay the bondholders more money on the maturity date than it received on the issue date. D. received $100,000.

Answers

Answer:

A

Explanation:

If the yield to maturity is greater than the bonds coupon rate the bond is selling at a discount. Bond issuers would receive less than the face value of the bond as payment when the bond is sold  

If the yield to maturity is less than the bonds coupon rate the bond is selling at a premium. Bond issuers would receive a greater sum than the face value of the bond as payment when the bond is sold  

If a bond’s coupon rate is equal to its yield to maturity, then the bond is selling at par. Bond issuers would receive an amount equal to the face value of the bond as payment when the bond is sold  

ai là người giàu nhất thế giới

Answers

Answer:

Jeff Bezos

Explanation:

Jeff Bezos là người sáng lập Amazon và có giá trị tài sản ròng là 205 tỷ USD

Đây là danh sách các nhà vận chuyển tiền được xếp hạng:

https://www.forbes.com/real-time-billionaire/#114ff8bb3d78

Jeff Bezos is the founder of Amazon and has a net worth of $205 billion Here's a list of billionaire's ranked:

https://www.forbes.com/real-time-billionaires/#114ff8bb3d78

Tin Roof's net cash flows for the next three years are projected at $72,000, $78,000, and $84,000, respectively. After that, the cash flows are expected to increase by 3.2 percent annually. What is the value of the firm if the WACC is 9.32%

Answers

Answer:

$1,279,622.65

Explanation:

The value of the company is the present value of its future cash flows for the three-year planning horizon plus the present value of its continuing value beyond year 3, all discounted using the WACC as the appropriate discount rate.

continuing value=year 3 cash flow*(1+terminal growth rate)/(WACC-terminal growth rate)

continuing value= $84,000*(1+3.2%)/(9.32%-3.2%)=$1,416,470.59

present value of continuing value=$1,416,470.59/(1+9.32%)^3=$1,084,198.23

present value of 3-year cash flows=$72000/(1+9.32%)^1+$78,000/(1+9.32%)^2+$84,000/(1+9.32%)^3

present value of 3-year cash flows=$195,424.42

value of the company=$1,084,198.23+$195,424.42

value of the company=$1,279,622.65  

Aspen Integrated Marketing used to have a strict hierarchical structure, with information given only to those who required it. The new chief executive officer, however, set up a flat organizational structure that eliminates barriers to information flow. Information that was previously available to managers alone is now given to employees as well. He also assigned mentors to new employees to help them in their jobs and enable them to perform better. At Aspen Integrated Marketing, information that was previously available to managers alone is now given to workers as well. This is an example of

Answers

Answer:

open-book management or it can also be called a boundaryless organization.

Explanation:

Open-book management

This is simply the act of sharing with employees at all levels of an organization some vital information that is somehow or previously meant for too management staff only. It also involves opening a company's financial statements to all employees and giving them the education that will enable them to understand how the company makes money and how their actions affect its success and bottom line.

Boundaryless organization

This is simply known as a form of organization structure in which there are no barriers to information flow. Boundaryless designs include barrier-free, modular and virtual organizations. An organization without barriers has permeable internal and external boundaries and requires higher level of trust and shared interests, a shift in philosophy from executive development to organizational development, greater use of teams etc.

If a firm was receiving subsidies from its government to produce and lower its operating costs, what may happen when going to sell its products to other countries

Answers

Answer:

Government subsidies some countries soften bed

Corporation sold 210000 watches and produced 217000 watches that it sold for $19 each. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,302,000 gross margin on its financial statements. Determine the total contribution margin.

Answers

Answer:

The total contribution margin is:

= $2,982,000.

Explanation:

a) Data and Calculations:

Production units = 217,000 watches

Sales units = 210,000 watches

Sales price per watch = $19

Sales revenue =   $3,990,000 (210,000 * $19)

Cost of goods sold 2,688,000 ($3,990,000 - $1,302,000)  ($12.80 each)

Gross profit =        $1,302,000

Cost of goods sold per unit = $12.80 ($2,688,000/210,000)

Fixed cost per unit = $8

Variable cost per unit = $4.80 ($12.80 - $8.00)

Contribution margin  per unit = $14.20

Total contribution margin = $2,982,000 ($14.20 * 210,000)

Rachelle transfers property with a tax basis of $740 and a fair market value of $935 to a corporation in exchange for stock with a fair market value of $620 and $93 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $222 on the property transferred. What is the corporation's tax basis in the property received in the exchange

Answers

Answer:

$927

Explanation:

Calculation to determine the corporation's tax basis in the property received in the exchange

The corporation's TAX BASIS in the property received in the exchange will be TAX BASIS of $740 plus gain recognized of $187 Calculated as ($935-$740) and Assuming the corporation sells the property for the amount of $935, the gain recognized will be $187.

Therefore the corporation's tax basis in the property received in the exchange will be :

Corporation's tax basis=Tax Basis +Gain recognized

Corporation's tax basis=$740+($935-$740)

Corporation's tax basis=$740+$187

Corporation's tax basis=$927

Why should you think of your résumé as a marketing document?

Answers

Explanation:

A résumé is a marketing document that represents you when you are not there. A résumé quantifies your accomplishments and proves your worth to your future employer by proving your worth to your previous employer.

If the price of oil, a close substitute for coal, increases then:

a. the demand curve for coal will shift to the right.
b. equilibrium price and quantity of coal will not change.
c. supply curve for coal will shift to the right.
d. demand curve for coal will shift to the left.
e. supply curve of coal will shift to the left.

Answers

Answer:

A

Explanation:

Substitute goods are goods that can be used in place of another good.

if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

If the price of oil increases, it becomes cheaper to buy coal. As a result, there would be a rightward shift of the demand curve for coal. As a result, the equilibrium price and quantity would increase

Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) The supply of savings by households and business firms II) The demand for investment funds III) The government's net supply and/or demand for funds

Answers

Answer: D. I, II, and III.

Explanation:

The demand for investment funds determines the demand for loanable funds and when this is higher than the supply, the rate increases. The reverse it true. It therefore affects real interest rates.

The savings of households and business firms are the source of loanable funds so if these are high relative to demand, the rate will decrease. The reverse is true.

Government demand for funds will increase interest rates as the supply will decrease when the government borrows massively. The reverse is true.

All three therefore impart real interest rates.

Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center A Investment Center B
Investment center income$525,000 $635,000
Investment center average invested assets$4,600,000 $3,050,000
The return on investment (ROI) for Investment Center A is:________.

Answers

Answer: 11.41%

Explanation:

Return on assets refers to the amount of income earned per capital invested. It is calculated by the formula:

= Net income / Average assets invested

ROI for Center A will therefore be:

= 525,000 / 4,600,000

= 0.1141

= 11.41%

A fixed asset with a cost of $41,000 and accumulated depreciation of $36,500 is traded for a similar asset priced at $60,000. Assuming a trade-in allowance of $3,000, the recognized loss on the trade is

Answers

Answer:

1,500

Explanation:

The fixed assets cost is $41,000

The accumulated depreciationn is $36,500

Similar assets was priced at $36,000

Trade in allowance is $3000

Therefore the recognised law on trade can be calculated as follows

41,000-36,500-3,000

= 1,500

Tan Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions follow: Division Osaka Yokohama Sales $ 9,400,000 $ 24,000,000 Net operating income $ 752,000 $ 2,400,000 Average operating assets $ 2,350,000 $ 8,000,000 Required: 1. For each division, compute the return on investment (ROI) in terms of margin and turnover. 2. Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 18%. Compute the residual income for each division.

Answers

Answer:

1. Osaka ROI 32 %

Yokohoma ROI 30%

2.Osaka Residual income $329,000

Yokohoma Residual income $960,000

Explanation:

1. Computation for return on investment (ROI) in terms of margin and turnover.

Using this formula

ROI = Net operating income/Average operating assets

Let plug in the morning

Osaka ROI = 752,000/2,350,000

Osaka ROI =32 %

Yokohoma ROI = 2,400,000/$ 8,000,000

Yokohoma ROI =30%

Therefore for return on investment (ROI) in terms of margin and turnover is :

Osaka ROI 32 %

Yokohoma ROI 30%

2. Computation for the residual income for each division.

Using this formula

Residual income = Net operating income - Required return

Let plug in the formula

Osaka Residual income= 752,000 - (2,350,000*18%)

Osaka Residual income= 752,000-423,000

Osaka Residual income = $329,000

Yokohoma Residual income = 2,400,000 - ($8,000,000*18%)

Yokohoma Residual income = 2,400,000-1,440,000

Yokohoma Residual income= $960,000

Therefore the residual income for each division is:

Osaka Residual income $329,000

Yokohoma Residual income $960,000

Money spent on groceries is an example of a/an

Answers

Expense. Hope this helped!

HOW CAN I CREATE A PERFECT SALES STRATEGY?

Answers

Answer:

B2B marketers and businesses are using LinkedIn automation to strengthen their sales and marketing strategy.

Here is how;

Engage With The Right AudienceTake Advantage of LinkedIn GroupsSend Personlized Outreach Messages

Most of the lead generation and sales tactics on LinkedIn require a lot of time if you choose to do them manually.

The Director of Taco Bell’s in-house creative agency described the workplace as an "ego-free zone," suggesting openness to his team members’ ideas, also called Multiple Choice staff validity. task validity. boundary spanning. decision informity. hierarchical sensitivity.

Answers

Answer:

staff validity

Explanation:

Staff validity is the degree by which the members form good presentations to the leader. As they can have all the information needed to make a good decision.

three (3) State taxes and briefly describe each

Answers

The three state taxes are what you earn, taxes on what you buy, and taxes on what you own.

Earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes;

Buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes;

Own: property taxes, tangible personal property taxes, estate, and inheritance taxes, and wealth taxes.

Which part of a persuasive message should catch your audience's interest and lure them into your
topic?
O Concluding device
O Attention statement
O Epilogue
O Supporting material

Answers

Answer:

Attention Statement

Explanation:

The name is self explanitiry

Pureform, Inc., uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow:

Units Materials Labor Overhead
Work in process inventory, beginning 64,000 $64,800 $27,900 $34,600
Units started in process 609,000
Units transferred out 630,000
Work in process inventory, ending 43,000
Cost added during the month $856,330 $343,735 $426,740

The beginning work in process inventory was 85% complete with respect to materials and 70% complete with respect to labor and overhead. The ending work in process inventory was 65% complete with respect to materials and 25% complete with respect to labor and overhead.

Required:
a. Compute the first department's equivalent units of production for materials, labor, and overhead for the month.
b. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month.

Answers

Answer:

Pureform, Inc.

                                                            Materials    Labor      Overhead

a. Equivalent units of production       657,950    640,750     640,750

b. Cost per equivalent unit                  $1.4           $0.58           $0.67

Explanation:

a) Data and Calculations:

                                                               Units

Work in process inventory, beginning 64,000  

Units started in process                     609,000

Units available for processing           673,000

Units transferred out                         630,000

Work in process inventory, ending     43,000

                                                                 Materials    Labor      Overhead

Work in process inventory, beginning   $64,800   $27,900     $34,600

Cost added during the month             $856,330  $343,735   $426,740

Total production costs for the month   $921,130   $371,635  $430,200

Equivalent units of production:

                                                            Units    Materials    Labor    Overhead

Units transferred out                     630,000   630,000  630,000   630,000

Work in process inventory, ending 43,000     27,950      10,750      10,750

Equivalent units of production                       657,950  640,750   640,750

Cost per equivalent unit:

                                                               Materials    Labor      Overhead

Total production costs for the month   $921,130   $371,635  $430,200

Equivalent units of production              657,950    640,750     640,750

Cost per equivalent unit                         $1.4           $0.58           $0.67

If the price level is above the equilibrium price level, how does the aggregate quantity of goods and services demanded compare to the aggregate quantity of goods and services supplied at the price level?

Answers

Answer:

When price is  above the equilibrium price level, quantity demanded would be less than the quantity supplied. This would lead to a surplus

Explanation:

Equilibrium price is the price at which quantity demand equal quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached.

XYZ has two divisions: South and West. Overall net operating income is $26,900. South Division's segment margin is $42,800 and West Division's segment margin is $29,900. What is the amount of the common fixed expense not traceable to the individual divisions?
a. $45,800.
b. S56800.
с.$69,700.
d. $72,700.

Answers

Answer:

a. $45,800.

Explanation:

The computation of the common fixed expense not traceable is given below

Combined segment margin of two divisions ($42,800 + $29,900) $72,700

Less: net income -$26,900

Non traceable fixed cost $45,800

Hence, the amount of the common fixed expense not traceable to the individual divisions is $45,800

Therefore the option a is correct

Kevin promises to pay Macarena, his daughter, $5,000 if she obtains her degree at Brookdale community College, where she is currently in her first year. Macarena graduates. If a Court refuses to enforce the agreement it would most likely be because:

Answers

Question Completion with Options:

A. Macarena finished college.

B. Obtaining a college degree benefits Macarena.

C. A job can be hard to find after college.

D. Macarena was already in college.

Answer:

If a Court refuses to enforce the agreement it would most likely be because:

D. Macarena was already in college.

Explanation:

Macarena was currently in her first year when the promise was made by her father.  This means that Macarena is not giving any consideration for the father's promise.  But, if she enters the college based on the promise and eventually graduates in the college, then the court will not likely refuse to enforce the agreement. Kevin's promise to pay Macarena $5,000 is not enforceable because of past consideration.

World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of 6 percent per year forever. If the required rate of return on the stock is 16 percent, what is the current value of the stock, after paying the dividend

Answers

Answer:

the current value of the stock is $30

Explanation:

The computation of the current value of the stock is given below:

Price of stock today is

= Dividend per share × (1 + growth rate) ÷  (required rate of return - growth rate)

= $2.83 × (1 + 0.06) ÷  (0.16 - 0.06)

= $2.9998 ÷ 0.10

= $29.9980  

= $30

Hence, the current value of the stock is $30

5-5 TIME TO REACH A FINANCIAL GOAL You have $33,556.25 in a brokerage account, and you
plan to deposit an additional $5,000 at the end of every future year until your account totals
$220,000. You expect to earn 12% annually on the account. How many years will it take to
reach your goal?

Answers

Answer:

22 is the right answer bro fgjjfycugyvyygyghu

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