checks can be forged by several methods: free-hand forgeries, photocopies of legit- imate signatures, and obtaining access to an automatic check- signing mechanism. what are some controls an organization could institute to minimize the chance that a forgery will occur?
Answers
An organization can institute various controls to minimize the chance that a forgery will occur on their checks.
One control an organization can implement is to limit the number of people who have access to check-signing mechanisms. This can be done by using dual controls where two people must be present to sign a check, or by implementing electronic signatures that require unique login credentials.
Another control is to regularly reconcile bank statements to detect any unauthorized transactions or discrepancies. This can help detect forgeries early on and prevent further losses.
Additionally, organizations can use security features on their checks such as watermarks, holograms, and microprinting to make it harder to counterfeit.
Lastly, organizations can provide training to their employees on how to identify forged checks and what to do if they suspect a forgery has occurred. This can include regular reminders to verify the authenticity of signatures and to report any suspicious activity immediately.
By implementing these controls, an organization can significantly reduce the likelihood of checks being forged and mitigate the risk of financial losses.
Learn more about electronic signatures: https://brainly.com/question/30561697
#SPJ11
Related Questions
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
To know more about social responsibility, click here.
https://brainly.com/question/24176816
#SPJ1
Explain how the U.S. economic system differs from the economic system in Cuba.
Answers
the ending retained earnings balance of lambert incorporated increased by $2.6 million from the beginning of the year. the company's net income earned during the year is $7.8 million. what is the amount of dividends lambert incorporated declared and paid?
Answers
Lambert Incorporated declared and paid $5.2 million in dividends during the year.
To determine the amount of dividends that Lambert Incorporated declared and paid, we need to use the formula:
Ending Retained Earnings Balance = Beginning Retained Earnings Balance + Net Income - Dividends
We are given that the Ending Retained Earnings Balance increased by $2.6 million from the beginning of the year. We are also given that the Net Income earned during the year is $7.8 million. Therefore, we can rearrange the formula to solve for Dividends:
Dividends = Beginning Retained Earnings Balance + Net Income - Ending Retained Earnings Balance
Substituting the given values, we get:
Dividends = 0 + $7.8 million - ($2.6 million)
Dividends = $5.2 million
To know more about Lambert visit:
brainly.com/question/15704316
#SPJ11
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Every monetary decision we make involves a level of choice, usually of one thing over another. What is the name for this financial trade-off?
A. personal risks
B. inflation
C.opportunity cost
Answers
Answer:
C.opportunity cost
Explanation:
this is super easy
Answer:
C
Explanation:
Took the test :)
Question 6 (Personal finance help urgently
Answers
• In Chapter 10, read the "Reading EnergyGuide Labels" section and complete
the following questions:
1. What types of products have an energy-efficiency rating (EER)?
2. Why might a consumer want to know the estimated yearly energy costs
for operating an appliance?
Answers
The types of products have an energy-efficiency rating (EER) are:
What is an energy-efficiency rating (EER)?
The EER is the cooling capacity (in British thermal units (Btu) per hour) divided by the power input (in watts).
Why might a consumer want to know the estimated yearly energy costs for operating an appliance?
Without energy monitoring, the customer will be unable to identify inefficiencies in their company or home and efficiently correct the issue.
Learn more about energy-efficiency rating (EER) at;
https://brainly.com/question/13796469
#SPJ1
Answer:
1Air conditioners, heat pumps, furnaces, and boilers
2 Having the estimated cost allows a consumer to make intelligent cost comparisons over time with different models of a product.
Explanation:
trust me
hussain after doing his graduation has decided to run a retail shop as a source of livelihood. ii. He procures the goods from the wholesalers according to the consumer's demand and maintains a regular supply of goods to his customers. [5] TGIS-Raipur 4 / 5 iii. Customers are well satisfied with his services due to which his sales turnover is very high and he is earning a good return on his capital employed. iv. Seeing his Successful business, two other retailers have also opened their shops in the same area giving him tough competition reducing his market share and margin of profits. But Rohit knows, in spite of his best efforts put into the business, there is always the possibility of inadequate profits or losses. a. Identify the economic activity Rohit is engaged in. b. Enlist the features of identified economic activity with reference to the underlined words in each sentence given above.
Answers
A) Business is an economic activity.
B) features are profit earning- as it is essential for survival growth and expansion of business
Dealings in goods and services on a regular basis - and not merely one single transaction of sale or purchase.
The four major economic activities are resource management, production of goods and services, distribution of goods and services, and consumption of goods and services.
Agriculture, fisheries, mining, and forestry. Manufacture of finished products. Manufacture of technology, consumer goods, furniture, vehicles, and clothing. The provision of intangibles is commonly referred to as a service.
Economic activity is the activity by which people provide, produce, purchase or sell goods and services to meet their daily needs. Economic activity includes all activities related to the manufacture, sale, or use of products or services.
Learn more about Economic activity at
https://brainly.com/question/27587809
#SPJ1
Explain in brief about market development
Answers
Answer:
Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.
Answer:
Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales
Explanation:
MARK ME AS BRAINLIEST
The texas constitution requires a balanced budget.
a. True
b. False
Answers
The statement "a balanced budget is required by Texas's constitution" is (A) TRUE.
What is Texas Constitution?The upkeep of our free institutions and the longevity of the Union depend on the preservation of the right to local self-government, which is unaffected by any State boundaries.
Texas is a free and autonomous State that is only bound by the US Constitution.
According to the Texas Constitution, Texas must maintain a balanced budget.
During any fiscal biennium, the state is only permitted to spend up to the amount of money it anticipates receiving.
It is well known that Texas is a free and autonomous state.
They are claimed to solely be governed by the US Constitution here.
Therefore, the statement "a balanced budget is required by Texas's constitution" is (A) TRUE.
Know more about Texas Constitution here:
https://brainly.com/question/26702098
#SPJ4
During the sprint, what scrum value must the team demonstrate to achieve the goal?.
Answers
The commencement Team commits to achieving its goals and to supporting one another. Their primary focus is on the work of Sprint to form the simplest attainable progress toward these goals.
The commencement Team and its stakeholders are open concerning the work and, therefore, the challenges. Scrum Masters ought to be fearless about removing impediments that weigh down the team's progress. The 5 commencement values are commitment, focus, openness, respect, and courageousness.
Scrum team members should be committed to success and be willing to form realistic goals and continue them. However, 'focus' is the worth shown once a team sets the goal of delivering the foremost essential feature before continuing on to consecutive.
To learn more about Scrum Masters, visit here
https://brainly.com/question/28919511
#SPJ4
The value of a levered firm will be than the value of an identical unlevered firm because the levered firm's taxes will be
Answers
Answer:
higher
Explanation:
hope this helps
Identify two examples of businesses that operate in the secondary sector
Answers
Answer:
car manufacturer & food production
Explanation:
Which of the following is usually increased with credit when entered into a
journal?
A. Loss
B. Asset
Ο Ο Ο Ο
C. Liability
D. Expense
Answers
Answer: the answer is c liability
Explanation:I just took the test and got it right
4. What does the following formula illustrate? MUx/Px = MUY/Py
A)If a consumer likes Good X better than Y, than the price of X is of no concern.
B)If a consumer likes Product X better than Product Y, he should only buy as much X as possible and zero units of Y under all circumstances.
C)It reflects the ideal combination of two goods that a consumer should purchase relative to the price of those two goods.
D)Nothing - it's a bunch of mishmash meant to confuse me!
Answers
The formula \(MUx/Px = MUY/Py\) helps us under the concept of marginal utility. It reflects the ideal combination of two goods that a consumer should purchase relative to the price of those two goods.
What is marginal utility?The concept of marginal utility refers to the additional satisfaction or benefit gained by a consumer from consuming one more unit of a good or service.
In the case of the formula \(MUx/Px = MUY/Py\), where
MUx = the marginal utility of good X, Px = the price of good X.MUY = the marginal utility of good Y, andPy = the price of good Y.Overall, from a conservative standpoint, it reflects the ideal combination of two goods that a consumer should purchase relative to the price of those two goods.
You can learn more about marginal utility here https://brainly.com/question/14797444
#SPJ1
crane company reports the following operating results for the month of august: sales $315,000 (units 5,000); variable costs $216,000; and fixed costs $70,800. management is considering the following independent courses of action to increase net income. compute the net income to be earned under each alternative. 1. increase unit selling price by 10% with no change in total variable costs or sales volume. net income $enter the net income in dollars 2. reduce variable costs to 57% of sales. net income $enter the net income in dollars 3. reduce fixed costs by $25,000. net income $enter the net income in dollars which course of action will produce the highest net income? select an alternative
Answers
The 2nd Option to reduce the variable cost to 57%of sales will produce the highest net income
How to solve1. Sales ($315,000*110%) $346,500
Less Variable Cost $216,000
Contribution $130,500
Less Fixed Cost $70,800
Net Income $59,700
2. Sales $315,000
Less Variable Cost ($315,000*75/100) $179,550
Contribution $135,450
Less Fixed Cost $70,800
Net Income $64,650
3. Sales $315,000
Less Variable Cost $216,000
Contribution $99,000
Less Fixed Cost($70,800-$25,000) $45,800
Net Income $53,200
For an accounting period, net income is an entity's income less cost of goods sold, costs, depreciation and amortization, interest, and taxes.
The 2nd Option to reduce the variable cost to 57%of sales will produce the highest net income
Read more about net income here:
https://brainly.com/question/15530787
#SPJ1
when wishing to acquire information from customers who use your products, which method would yield the best results?
Answers
When wishing to acquire information from customers who use your products, the method that would yield the best results is a customer survey.
What is a customer survey?A customer survey is a method of gathering information from customers who use your products. It is a popular method of obtaining customer feedback on a wide range of topics, including customer satisfaction, product quality, and customer needs.
Customer surveys may be conducted in a variety of ways, including online surveys, paper surveys, phone surveys, and face-to-face surveys.
Online surveys are the most popular type of customer survey because they are easy to create, distribute, and analyze. They also offer the added benefit of being able to collect data from a large number of customers in a short amount of time.
Customer surveys can be an effective way to improve your products and services. They can help you identify areas of your business that need improvement, as well as areas where you are doing well. By listening to your customers and acting on their feedback, you can build stronger relationships with them and increase their loyalty to your brand.
Learn more about surveys here: https://brainly.com/question/29314939
#SPJ11
Name three factors that determine a good’s or service’s elasticity.
Answers
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.hvac parts company charges different buyers different prices for identical goods. hvac’s prices are subject to evaluation under
Answers
Hvac parts company's pricing strategy is subject to evaluation under various factors, and charging different prices for identical goods is one way the company may remain competitive and profitable.
Hvac parts company has the right to charge different buyers different prices for identical goods. This is because the company's pricing strategy is subject to evaluation under different factors. For instance, the pricing strategy is based on the buyer's negotiation skills, order size, location, and frequency of purchase. Additionally, the company may also consider the buyer's ability to pay, competition in the market, and the cost of producing the goods.
In a competitive market, pricing is a crucial element in determining a company's success. Hvac parts company may adopt a differential pricing strategy to remain competitive. The company may set different prices for identical goods to different buyers, allowing them to compete with other companies in the same market.
Moreover, setting different prices for different buyers may enable Hvac parts company to maximize its profits. By charging higher prices to customers who are willing to pay more, and lower prices to customers who are price-sensitive, the company can cater to both groups of buyers while still making a profit.
To know more about pricing strategy visit:
https://brainly.com/question/28295582
#SPJ11
Identify the stage of the new product development based on the given scenario
Answers
Answer:
Product Development Stage
Explanation:
Killian's board game is in the Product Development Stage.
This stage is the first part of the Product Life Cycle. In this stage, research on the target market and product positioning are carried out. It is at this stage that market research, distribution channels and competitor analysis are carried out and thoroughly outlined. Also, product validation is carried out. This involves getting feedback from test users concerning the use of the product.
So, this stage is Product Development Stage.
For what purpose are goods and service produced in a socialist economy
Answers
Answer: The options are missing from the question,the options are;
A) Profits
B) Their usefulness
C) To create demands
D) To meet all consumer needs.
The correct answer to the question is option D
In a capitalist economy,goods and services are being produced for the sole aim of making profits and to accumulate capital, but when we talk about the SOCIALIST ECONOMY,it differs from the capitalist economy and the sole aim is different.
Socialist economy employs a technique known as usage value in the meeting of the needs and wants of the people, this prevents the over production or under production of goods and services based on their rewards and usage.
In socialist economy,goods are services are produced and those goods and services are made directly accessible to the people that is the masses. A scarce economic resources in a socialist economy are being utilized judiciously inorder to meet the needs of the consumers and make them satisfied in every way possible.
The following reaction follows second-order kinetics with a rate constant of 0.566 M-1s-1. Suppose a vessel initially contains H3PO4 at a concentration of 1.02 M. How much is left 5.20 seconds later
Answers
In the given statement, the concentration of H3PO4 left 5.20 seconds later is 0.503 M.
To answer this question, we can use the second-order rate law equation:
rate = k[A]^2
where k is the rate constant and [A] is the concentration of the reactant.
We can rearrange this equation to solve for the concentration of [A] at a given time:
[A]t = [A]0 / (1 + k[A]0t)
where [A]t is the concentration of [A] at time t, [A]0 is the initial concentration of [A], and t is time.
Plugging in the given values:
[A]5.20s = 1.02 M / (1 + (0.566 M-1s-1)(1.02 M)(5.20 s))
[A]5.20s = 0.503 M
Therefore, after 5.20 seconds, the concentration of H3PO4 is 0.503 M.
Answer:
This is calculated using the second-order rate law equation and plugging in the given values for the rate constant and initial concentration. The calculation shows that the concentration of the reactant decreases over time, as expected in a second-order reaction. includes the terms "kinetics" and "concentration" to explain the approach used to solve the problem.
To know more about kinetics visit:
brainly.com/question/14915170
#SPJ11
The employee earnings record would contain which column that the payroll register would probably not contain?
A. deductions
B. payment
C. earnings
D. cumulative earnings
Answers
The employee earnings record and the payroll register are two important documents used in processing employee salaries and benefits. The employee earnings record is a document that contains detailed information about an employee's earnings for a specific period.
It usually includes the employee's name, employee number, pay period dates, gross earnings, deductions, net pay, and cumulative earnings for the year. The payroll register, on the other hand, is a summary document that provides a summary of all employees' gross earnings, deductions, and net pay for a specific pay period.
The employee earnings record would contain the column for "deductions," which is not found on the payroll register. This column contains information about the various deductions made from an employee's paycheck, such as taxes, health insurance, retirement plans, and other benefits. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year.
The payroll register, on the other hand, provides a summary of all employees' earnings and deductions for a specific pay period. It usually includes the employee's name, employee number, gross earnings, deductions, and net pay. However, it does not contain the column for "deductions" since it is a summary document.
In conclusion, the employee earnings record would contain the column for "deductions," which is not found on the payroll register. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year, while the payroll register provides a summary of all employees' earnings and deductions for a specific pay period.
Know more about employee earnings here:
https://brainly.com/question/29082808
#SPJ11
If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work.
Which of the following will cause the demand for a good or service inelastic?
Having few substitutes
A longer time period
Being a luxury
Being a large share of the consumer's budget
If the price elasticity of demand is equal to 0.5, is demand elastic, inelastic, or unitary elastic?
Will a perfectly elastic supply curve be vertical, horizontal, or upward-sloping?
What price elasticity of supply will lead to a smaller increase in quantity when price changes— elastic, inelastic, or unitary elastic?
Answers
The Price elasticity answers are:
The value of price elasticity of demand is equal to four if a 10% rise in price results in a 40% reduction in the amount that is desired. "Being a substantial percentage of the consumer's budget" is the reason why there is an inelasticity in the demand for a certain commodity or service. alternative D Is demand considered "inelastic" if the price elasticity of demand is equal to 0.5? The supply curve for a completely elastic economy is horizontal. The price elasticity of supply is inelastic, which means that a rise in price will result in a less significant increase in quantity.How to determine the elasticity of demand with respect to priceThe price elasticity of demand is equal to the percent change in demand divided by the percent change in price.
x= \(\frac{40 \%}{ 10 \%}\)
x=\frac{ 0.4}{ 0.1}
x= 4
A scenario is said to have inelastic demand when there is no proportionate change in the demand for products and services among customers in response to a change in the price of such goods and services.
The supply curve that is horizontally aligned with the demand curve represents a completely elastic supply curve.
In conclusion, the degree to which demand is sensitive to a change in price may be measured by looking at something called the price elasticity of demand.
Learn more about price elasticity by reading the following:
https://brainly.com/question/13565779
#SPJ1
Shao Industries is considering a proposed project for its capital budget. The company estimates the project's NPV is $12 million. This estimate assumes that the economy and market conditions will be average over the next few years. The company's CFO, however, forecasts there is only a 50% chance that the economy will be average. Recognizing this uncertainty, she has also performed the following scenario analysis:
Economic Scenario Probability of Outcome NPV (millions)
Recession 0.1 ($60)
Below average 0.15 ($25)
Average 0.5 $15
Above average 0.2 $25
Boom 0.05 $32
What is the project's standard deviation?
a. $26.90
b. $4.35
c. $55.80
d. $3.00
e. $23.62
Answers
The project's standard deviation is $26.90. To calculate the project's standard deviation, we need to use the weighted average formula for standard deviation.
To calculate the project's standard deviation, we need to use the weighted average formula for standard deviation. The formula is as follows:
Standard Deviation = √[∑(Probability × (NPV - Mean NPV)^2)]
First, we calculate the mean NPV by multiplying each NPV by its corresponding probability and summing the results:
Mean NPV = (0.1 × (-60)) + (0.15 × (-25)) + (0.5 × 15) + (0.2 × 25) + (0.05 × 32) = -6 + (-3.75) + 7.5 + 5 + 1.6 = 4.35 million
Next, we calculate the variance using the formula:
Variance = ∑(Probability × (NPV - Mean NPV)^2)
Variance = (0.1 ×\((-60 - 4.35)^2)\) + (0.15 × \((-25 - 4.35)^2)\)+ (0.5 × \((15 - 4.35)^2)\) + (0.2 × \((25 - 4.35)^2)\) + (0.05 × \((32 - 4.35)^2)\) = 4755.5625
Finally, the standard deviation is the square root of the variance:
Standard Deviation = √4755.5625 ≈ 26.90
Therefore, the project's standard deviation is $26.90.
Learn more about standard deviation here:
brainly.com/question/9022955
#SPJ11
how can textual menu listings with a small number of options (seven or less) be ordered?
Answers
Textual menu listings with a small number of options (seven or less) can be ordered using various methods, such as:
Alphabetical Order: Listing the options in alphabetical order based on their names, which can be helpful for easy reference and navigation.
Chronological Order: Listing the options in chronological order based on their relevance or the order in which they were added or updated, which can be useful for time-sensitive information.
Importance or Priority Order: Listing the options based on their importance or priority, with the most critical option listed first or last, depending on the desired emphasis.
Frequency of Use Order: Listing the options based on their frequency of use, with the most commonly used option listed first, which can be convenient for quick access to commonly used features.
Custom Order: Listing the options in a custom order based on specific criteria or user preferences, which allows for flexibility and customization.
The choice of ordering method will depend on the specific context and goals of the menu, such as the nature of the options, the target audience, and the overall user experience intended.
To know more about Textual click here:
brainly.com/question/30374208
#SPJ11
on january 1, 2022, woodstock, inc. purchased a machine costing $40,000. woodstock also paid $1,000 for transportation and installation. the expected useful life of the machine is 6 years and the residual value is $5,000. how much is the annual depreciation expense assuming use of the straight-line depreciation method?
a. $6,100.
b. $6,000.
c. $5,950.
d. $5,750.
Answers
The annual depreciation expense assuming the use of the straight-line depreciation method is $6,000. Option B.
Calculation:
Annual depreciation under SLM:
= (Asset cost-Salvage value) + Useful life of the asset
= ($40,000+$1,000 - $5,000)/6
= $36,000/6
= $6,000
Residual value, also called residual value, is the estimated value of an item of property, plant, and equipment at the end of the lease term or useful life. In a leasing situation, the lessor uses the residual value as one of the primary ways to determine how much the lessee will pay in regular lease payments. Residual value is one of the components of a lease calculation or transaction.
Learn more about The residual value here:- https://brainly.com/question/15072869
#SPJ4
How do customers find out about Donny Ouyang's company
Answers
Answer:
People found out about his company through different types of promotion over the Internet. As well as offline around his community. Most people reach his Web sites through search engines like Gooogle and Bing.com.
Explanation:
GOT A 100% ON EDGE
HAVE A NICE DAY!!!
PLEASE MARK AS BRAINLIEST
What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?
Answers
ethical leadership approaches are concerned with the character of leaders, the duties they serve, the decisions they make, and the outcomes they produce.
Answers
Is it true, yes.
What exactly is moral leadership?
Two women are being taught on laptops by the leader at the boardroom's whiteboard.
"Leadership displaying and supporting normatively proper conduct via personal acts and interpersonal relations" is the definition of ethical leadership. When it comes down to it, this essentially implies that appointing individuals to management and leadership roles who will advocate for and serve as examples of proper, ethical behaviour in their actions and interactions at work is ethical leadership.
Today, ethics are a topic of discussion and rising importance in the business sector. Therefore, it is crucial to comprehend, cultivate, and recognize ethical leadership in the business sector.
to know more about ethical leadership
https://brainly.com/question/20714776
#SPJ4
QUESTION 5 of 10: Last year, your store's total revenue was $272,000. The store's total discounts were $3,505 and returns totaled $1,459.
What were your store's net sales?
a) $209,844
b) $254,984
c) $267,036
d) $289,890
Answers
Answer:
c) $267,036
Explanation:
Net sales will the total revenue minus discounts minus the sales returns.
I.e Net sales = Revenue - discounts -returns
=$272,000- $3,505 - $1,459.
=$267,036