a client just read about a business paying extraordinary sums of money to a variety of employees. how would the client company use an it
Answers
To avoid the given kind of valuation issue, the client organisation uses an IT application control to carry out a limit test pertaining to the class of employees. Hence, Option C is correct.
By implementing various checks, IT application controls assist in reducing the risks associated with using these tools. Application controls make ensuring that the application and the data it is connected to are properly covered, secure, and always available.
These verification processes ensure that only authorised users can access the company's digital assets by authenticating applications and data before they are allowed into or out of the organization's internal IT environment.
A client recently read of a company that paid numerous employees incredible sums of money.
To avoid this kind of valuation issue, the client organisation uses an IT application control to carry out a limit test pertaining to the class of employees.
Therefore, Option C is correct.
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The complete question has been attached in text form:
A client just read about a business paying extraordinary sums of money to a variety of employees. How would the client company use an IT application control to prevent this type of valuation problem?
a) Compare the total number of payroll disbursements with a predetermined batch total.
b) Check the employee number against the master payroll file.
c) Perform a limit test related to the class of employee.
d) Test a check digit embedded in the employee number.
Related Questions
Match the steps that marketing management performs to the scenarios that describe the steps
Answers
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
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QUESTION 6 of 10: A response to an employee's idea:
a) Is always provided in written form
b) Is only provided with a management sponsor
c) May require testing the idea before being accepted
Answers
A reply to a suggestion made by a worker. Before being approved, the concept might need to be tested.
Which word should I use: workers or employees'?Add a apostrophe and a s to show that singular nouns are in possession. Add simply an apostrophe to show possession when using plural verbs ending in s, as in four employee paychecks with two boss suggestions.
Can we say "workers"?“Employees'.” The singular possessive word "employee's" denotes something that only one employee possesses. If there are several employees, they are referred to as "employees," and everything that numerous employees own is referred to using the possessive pronoun form "employees'."
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In your own words, what is a labor union? And how do they use collective bargaining, strikes,
boycotts, and picketing to gain power for their workers? (
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nvesting actiinvesting activities do not include the:multiple choicepurchase of plant assets.loaning of money in exchange for notes receivable.issuance of common stock.sale of plant assets.sale of investmentsvities do not include the:
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Investing activities typically involve transactions related to acquiring or disposing of long-term assets and investments. However, among the options provided, the issuance of common stock does not fall under investing activities. Instead, it is considered a financing activity.
Investing activities generally include the purchase and sale of plant assets, loaning of money in exchange for notes receivable, and the sale of investments.
These actions focus on managing long-term resources and generating returns for an organization. Financing activities, on the other hand, pertain to how a company raises capital and manages its debts, such as issuing common stock or repaying loans. Both investing and financing activities play crucial roles in an organization's overall financial health and long-term success.
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The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
Making sure all people in a group are involved is called
a
extensive
b
diverse
c
inclusive
d
undivided
Answers
Soft skills 2 sentences that will help
Answers
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
How can we apply accounting and bookkeeping in our daily lives?
Answers
Discuss what a small business owner should consider when deciding upon the location for their business
Answers
Answer:
depending on the place you can consider the number of people who go to it and on that side, the fame it would have for its service, and greater economic progress.
Explanation:
PLEASE HELP THERE ARE TWO SCENARIOS
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Scenario C
The media report that an “epidemic of the jobless” has emerged. Major corporations and small businesses alike are laying off workers. People are out of work in record numbers and struggling to find jobs. Some admit that they have given up looking. Housing foreclosures are increasing, while banks say they lack the funds to approve new loan applications or to adjust existing loans. Requests for unemployment, housing, and nutrition assistance are at record highs. Charity organizations are not receiving enough donations to meet the growing need in their communities. Credit card companies say the average debt balance is climbing while repayments are falling behind.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
Answers
It is correct to state that the Fed will address the scenario with expansionary policy.
What is an expansionary policy?
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.When money is injected into the economy using tools such as
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
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Answer:
flvs
Explanation:
A
would the red address the scenario with
expansionarv or contractionarv policy? Explain.
The Fed would address this with expansionary.
Which means they would give out more money
What is a specific monetary action the Fed might use
in this scenario? Identity the too and how the red would use it. Explain how this would address the
The action they would use is decrease the reserve requirement. By doing this, banks would be able to give out more money Que to them not needing to
Keen as much monev in reserve
What is a specific fiscal action that Congress might use in this scenario?
Decrease taxes due to schools and labor shortages are happening. Which mean that business and schools wont need to dav as much as taxes
B
Would the red address the scenario with
expansionary or contractionary policy? Explain.
The red would use contractionary due to rising prices and it can slow down
What is a specific monetarv action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the
scenario
They would sell more government securities so that less money would be in circulation and daily operations being tunded
What is a specific fiscal action that Congress might
use in this scenario?
Congress might decrease taxes due to things being expensive and we needing more money to be in
circulation.
C
Would the red address the scenario with expansionary or contractionary policy? Explain.
The Fed would use expansionary policy due to people not having money and needing it.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address
the scenario.
The monetary action is that they would decrease reserve requirement and buy government securities. They would give out more money and create funding programs for those who are unemployed.
What is a specitic fiscal action that congress might use in this scenario?
Decrease taxes so that others can buy food and with the money they have left, they are able to buy their needs
Why does an enterprise need to listen to its customers
Answers
Esperanza is starting a business by herself as an
illustrator for magazines and children's books. She
isn't concerned with personal liability, but she wants
the business to be easy to set up.
Answers
Answer:
sole proprietorship
Explanation:
The sole proprietorship is the type of business owned and run by a single individual. The owner is a sole trader. In a sole proprietorship, the owner sources capital by themselves, keeps all the profits, and suffers the losses alone.
A sole proprietorship is the easiest form of business to set up. The only requires to obtain a registration certificate and a trading license from the local authorities. Esperanza should open a sole proprietorship business. Unlimited liability is the biggest shortcoming for a sole proprietorship, but that does not seem to bother Esperanza.
Mojor logisitics functions are logistics information management inventory management transportation and......
Answers
Answer:
warehousing
Explanation:
These are the options for the question
advertising
warehousing
financial projections
product design
Logistics can be regarded as process involving planning, as well as controlling the efficient and cost-effective flow, implementing and
storage of raw materials, as well as in-process inventory, and related information starting at origin point up to consumption point with the aim of for conforming to requirements of customer.roles of logistics are storage
transportation/delivery,distribution processing, and some activities to deliver products on time. It should be noted that Mojor logisitics functions are logistics information management inventory management transportation and warehousing
Which of the following are true?
a. The NPV is the net value created by investing in an asset. The NPV is only as good as the inputs. The NPV does account for all cash flows as well as time value of money.
b. The IRR is the rate of return an investor would earn on an asset they held to maturity if they could reinvest alll cash flows received in an asset with the same return (i.e. the reinvestment rate assumption of the IRR). The IRR does account for all cash flows.
c. Payback is the amount of time to recover the initial investment. No discounting occurs and all cash flows after the payback period are not accounted for. The rule is intuitive and used by small business owners.
d. All of the above are accurate
e. None of the above are accurate.
Answers
Answer:
c. Payback is the amount of time to recover the initial investment. No discounting occurs and all cash flows after the payback period are not accounted for. The rule is intuitive and used by small business owners
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested. The NPV does account for all cash flows as well as time value of money.
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested . The IRR does account for all cash flows.
The discounted payback period discounts cash flows
Now that you have answered your Discussion Question 4 in this Unit, your essay will be to make that dream come alive. Describe how you would like your Food ánd Beverage establishment to look. From di
Answers
My dream Food and Beverage establishment would be a modern, minimalist cafe with a cozy and inviting atmosphere.
Atmosphere and Ambiance: The main focus of my dream establishment would be creating a warm and inviting atmosphere for customers. The interior design would embrace a modern and minimalist aesthetic, with clean lines, natural materials, and a neutral color palette. Soft, warm lighting would create a cozy ambiance, making it an ideal place for people to relax, socialize, or work.
Menu and Culinary Experience: The menu would feature a diverse selection of high-quality and locally sourced ingredients. It would offer a fusion of international flavors and culinary techniques, appealing to a wide range of tastes and preferences. The emphasis would be on fresh, healthy, and delicious food options, including vegetarian and vegan choices. To complement the culinary experience, a carefully curated selection of specialty coffees, teas, and beverages would be available.
Customer Service and Engagement: Exceptional customer service would be a priority in my establishment. Trained staff members would greet customers with a friendly smile and provide attentive and personalized service throughout their visit. Regular engagement with customers would be encouraged, creating a sense of community and building strong relationships. Feedback and suggestions from customers would be valued and considered to continually improve the overall experience.
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Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have _________ in supply.
a. increased
b. decreased
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Improvements in technology have allowed schools to use electronic books rather than original textbooks. Electronic books have increased in supply. Option A
What are electronic books?E-books, or electronic books, are digital files including text and images that may be distributed electronically and displayed on screens in a way that is comparable to a traditional book.
eBooks are portable and light, making them simple to transport. A single eBook reader may store thousands of eBooks, saving you from lugging many heavy books. Both in your house and your purse, it frees up a lot of room. Concerning the storage cap, one should not worry.
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How does a change in Expectations cause a change in supply?
Answers
homework libABC Inc. uses a machine that can produce 95 cranks per hour. The firm operates 9 hours per day, six days per week. Due to regularly scheduled preventive maintenance, the firm expects the machine to be running during approximately 90% of the available time. Based on experience with other products, the firm expects to achieve an efficiency level for the cranks of 80%. What is the expected weekly output of cranks for this company
Answers
The expected weekly cranks output should be 3,693.60.
The following formula should be applied:
= Number of cranks produced per hour × number of hours operated per day × number of days per week × expected machine running percentage × efficiency level
= 95 × 9 × 6 × 90% × 80%
= 3,693.60
Therefore we can conclude that The expected weekly cranks output should be 3,693.60.
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A bank will not require security in the form of collateral as a guarantee the loan will be repaid.
True
False
Answers
A total materials variance is analyzed in terms of
Group of answer choices
O price and quantity variances.
O buy and sell variances.
O quantity and quality variances.
O tight and loose variances.
Answers
A total materials variance is analyzed in terms of quantity and quality variances.
What are materials variance?Material Variances are a reflection of how far real material costs deviate from the benchmarks. These variations in material costs may be the result of changes in the cost, amount, or composition of the materials utilised, as well as the results obtained. Formula for Material Cost Variance: (SQ * SP) - (AQ * AP) = Standard Cost - Actual Cost. This represents the discrepancy between the actual cost of direct materials and their predicted (or typical) cost. It is helpful for figuring out whether a company would be able to incur material expenditures at levels that are close to what it had anticipated.
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Logan, an employee of Argon Industries, earned a salary of $60,000 in year 2. In addition, the following two transactions between Logan and Argon occurred in year 2: Logan received a bonus of 100 shares of publicly traded stock worth $13,000 with a basis to Argon of $8,000, and Logan purchased 1,000 shares of unrestricted Argon stock pursuant to a nonqualifying stock option plan for $10 per share when stock was valued at $25 per share. What amount of compensation should Argon report in Logan's Form W-2 for year 2
Answers
Answer:
$88,000
Explanation:
Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2
First step is to determine the bargain element
Bargain Element=$25 per share-$10per share
Bargain Element=$15 per share
Now let determine the amount of compensation
Using this formula
Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)
Let plug in the formula
Compensation=$60,000+$13,000+($100 shares*$15 per share)
Compensation=$60,000+$13,000+$15,000
Compensation=$88,000
Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000
Factors that will affect a person's real wages
Answers
Answer:
The growth in the business and the amount of work given to the person and also the number of hours he/she works
Can anybody help me ? Can you give me an example to get an idea? Can you help me? please
Answers
Answer:
chick fil a
Explanation:
How is partnership like a liability corporation?
A. Both are incorporated
B. Both have investors
C. Both are inexpensive to start
D. Both protect personal assets
Answers
Hope this helps! :)
Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity
Answers
Answer: A
Explanation: not sure, but i think its correct
A fixed asset with a cost of $33,873.00 and accumulated depreciation of $30,485.70 is sold for $5,758.41. What is the amount of the gain or loss on disposal of the fixed asset? Select the correct answer. $3,387.30 loss $3,387.30 gain $2,371.11 loss $2,371.11 gain
Answers
The amount of the gain or loss on disposal of the fixed asset is $2,371.11 loss. (Option C)
To calculate the gain or loss on the disposal of a fixed asset, we need to compare the selling price with the net book value of the asset. The net book value is the cost of the asset minus the accumulated depreciation.
The cost of the asset is $33,873.00, and the accumulated depreciation is $30,485.70. The net book value is calculated by subtracting the accumulated depreciation from the cost: $33,873.00 - $30,485.70 = $3,387.30.
The selling price of the asset is $5,758.41.
To determine the gain or loss, we subtract the net book value from the selling price: $5,758.41 - $3,387.30 = $2,371.11.
Since the result is negative, it indicates a loss on the disposal of the fixed asset. Therefore, the correct answer is $2,371.11 loss.
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Not super sure about this question....
Answers
Answer:
Don't use the word super. Being sure is either you know or don't know.
Explanation:
Just ask a repeat of the question and then if you are unsure, tell the teacher.
What techniques can be used to motivate middlemen?
What factors must be considered by an advertiser selecting a medium in an international market?
What 5 characteristics of an innovation determine the rate of acceptance
Answers
These characteristics interact with each other, and their presence or absence influences the rate at which an innovation is adopted by individuals or organizations.
Incentives: Offering attractive commissions, bonuses, or rewards for achieving sales targets can motivate middlemen to perform better.
Training and Support: Providing training programs, workshops, and resources to enhance the skills and knowledge of middlemen can increase their motivation and confidence.
Recognition and Rewards: Recognizing and appreciating the efforts and achievements of middlemen through public acknowledgment, awards, or other forms of recognition can boost their motivation.
Clear Communication: Establishing open lines of communication and maintaining regular contact with middlemen helps in building strong relationships and keeping them motivated.
Exclusive Benefits: Offering exclusive access to new products, discounts, or promotional offers to middlemen can create a sense of exclusivity and motivate them to work harder.
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Is cereal soup or no?
Answers
Answer:
no its a candy acid
Explanation:
Woolworths drives innovation and change in food retailing supply chain (AUS 2018) Australian large retailers are increasing their demand for enabling technologies. Woolworths is no exception. With a desire to improve its fresh and value added meat retailing operations in Australia and improve supply chain quality and efficiency, Woolworths has strategically joined forces with Hilton Food Group (UK) and Linpac Packaging Australia (UK). Both have operations in Victoria. Woolworths also most recently opened a new distribution centre in South East Melbourne. Joint Venture with Hilton Food Group (UK 2015) A joint venture between Hilton and Woolworths saw the establishment of a new meat processing facility in Laverton that will service 325 stores, creating 500 full time jobs. Innovations at the new facility include: Fully automated reusable crate washing system Fully automated robotic store order pick and packing High tech cold storage facility Full test kitchen that can produce value added lines Linpac Packaging Australia (UK 2015) Woolworths has also aligned itself with Linpac for its meat packaging. Linpac offers a Modified Atmosphere Packaging range that includes fully recyclable rPET trays that will enable Woolworths to improve the presentation, freshness and shelf life of their meat products. New High Tech Distribution Centre (AUS 2018) Woolworths has invested $562 million in a new automated distribution centre, the largest and most technologically advanced in the southern hemisphere. The centre will revolutionise the way Woolworths delivers goods to stores and generate material in store efficiencies. The facility uses technologies used in traditional logistics combined with those from manufacturing and postal systems to sort and distribute stock faster and more accurately than traditional warehouse technology. Technologies include: High speed conveyors designed by Dutch company Vanderland 50 robots supplied by ABB Multistory racking systems The ability to pick cartons off the shelf and assemble pallets for specific aisles in supermarkets in optimum order and load pallets onto trucks in the right sequence to meet specific needs of stores. Australia's largest roof-top solar installation. Woolworths Group is Australia's largest supermarket chain, operating 995 stores across Australia. It also has loyalty, petrol, insurance, liquor, variety goods and hotel offers in Australia and operations in Australia and food retail operations in NZ. Hilton Food Group is a specialist in centralised portioning, packaging and value-added meat products for large supermarket clients servicing Europe and Australia. LINPAC Packaging specialises in developing and manufacturing innovative and eco-friendly packaging for retailers, caterers and food processing firms. It operates from 25 locations around the world, with 2,500 employees worldwide. [Source: www.beefcentral.com/processing/woolies-new-150m-melbourne-meat-facility-designed-for-growth, accessed 23 January 2022]
QUESTION 1
With reference to the case study above, discuss Woolworths supply chain. In your discussion, identify and examine ways in which this retailer has been driving innovation and change in food retailing supply chain
QUESTION 2
Discuss the information technology systems or innovations that Woolworths may use to aid in supply chain planning.
QUESTION 3
Briefly explain the basic communication technologies used in distribution and logistics.
Answers
QUESTION 1:
Woolworths drives innovation in the food retailing supply chain through strategic partnerships, advanced automation technology, and modified atmosphere packaging.
QUESTION 2:
Woolworths may use Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Transportation Management Systems (TMS), Warehouse Management Systems (WMS), and advanced analytics for supply chain planning.
QUESTION 3:
Basic communication technologies in distribution and logistics include Electronic Data Interchange (EDI), Transportation Management Systems (TMS), Warehouse Management Systems (WMS), RFID, GPS and Telematics, and communication networks.
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