The statement "current year stock dividends and splits require retroactive restatement of earnings per share (EPS) for all prior years presented in comparative financial statements." is true as it helps in maintaining consistency and comparability across different reporting periods.
When a company issues stock dividends or executes stock splits in the current year, it can impact the earnings per share (EPS) for all the prior years presented in comparative financial statements. This is because the number of shares outstanding changes due to the stock dividends or splits, which in turn affects the EPS calculation.
As a result, companies are required to retroactively restate their EPS figures for all prior years presented in their comparative financial statements to ensure consistency and accuracy in reporting. For example, if a company had issued a 2-for-1 stock split in the current year, the number of shares outstanding would have doubled.
Therefore, the EPS for the prior years would need to be recalculated by dividing the earnings by the new higher number of shares outstanding. This is important for investors to understand the impact of the stock dividends or splits on the company's historical performance.
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he strategic process does not include Group of answer choices a. managing the customer portfolio b. allocating and prioritizing resources c. sponsoring key customers d. selling and negotiating e. enabling organizational learning
The strategic process involves various activities to achieve long-term goals and competitive advantage. However, selling and negotiating are not typically considered part of the strategic process.
Sponsoring key customers: This refers to building relationships with important customers and providing them with additional support, such as exclusive access to products, personalized services, or special discounts. It aims to maintain and strengthen long-term partnerships with key customers.Selling and negotiating: While selling and negotiating are important activities in business operations, they are typically not considered part of the strategic process.
Enabling organizational learning: This involves creating a culture of continuous learning and improvement within the organization. It includes activities such as knowledge sharing, training programs, feedback mechanisms, and learning from past experiences to enhance organizational performance.Therefore, selling and negotiating (option d) are not part of the strategic process, as they focus more on the operational aspect of business rather than long-term strategic planning.
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XYZ Companies presents the following information: Selling price per unit Variable costs per unit Total fixed costs $80,000 How many units must he sell to generate an operating income of $15,000? Multiple Choice EITHER 4750 units 4,160 units 5,000 units 2,500 units XYZ Companies presents the following information: $ Sale Price per Unit Variable costs per unit $20 Total fixed costs $80,000 How many units must he sell to generate an operating income of $15,000? Multiple Choice 4,750 units 4,160 units 5,000 units 2,500 units 40
Note that he number of units to be sold is equal to 4,750 units
How is this so ?To solve this, we can use the following formula.
Units to be sold = (Fixed Costs + Target Profit) / Contribution Margin per unit
In this case,the contribution margin per unit is equal to the selling price per unit minus the variable cost per unit, which is
$40 - $20 = $20.
So, the number of units to be sold is equal to
(80,000 + 15,000) / 20 = 4,750 units
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Managers are responsible for helping ___ to understand and follow their company's code of ethics
Answer:
Managers are responsible for helping employees to understand and follow their company's code of ethics
Managers are responsible for helping employees to understand and follow their company's code of ethics.
What are a code of ethics and its importance?It offers a common set of guidelines or expectations that everyone in the field must follow. It describes the industry's best practices. It serves as a foundation for achieving compliance with the profession's regulations. It gives the profession a legal standard.
The code of ethics outlines the company's values, standards, and expectations for ethical behavior. It is the manager's role to ensure that employees are aware of these values and understand how they relate to their job duties and responsibilities.
Managers are responsible for creating a culture of ethics within their teams and the organization as a whole. This means that they must lead by example and demonstrate ethical behavior themselves, while also holding their employees accountable for their actions.
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The market equilibrium point for a product occurs when 3,300 units are produced at a price of $4 per unit. The producer will supply no unit at $1 per unit, and the consumers will demand no unit at $15 per unit. Find the linear supply and demand functions, expressing the quantity of the product q (in units), in terms of the price per unit p (in dollars). A. qs=−350p+5075;qd=1000p−1000; B. qs=−300p+4500;qd=1100p−1100; C. qs=1100p−1100;qd=−300p+4500; D. qt=3300p−4;qd=3300p−15;
The linear supply function is qs = 1100p - 1100.The linear demand function is qd = -300p + 4500.
the linear supply and demand functions, we need to determine the equations that represent the quantity of the product in terms of the price per unit.
the market equilibrium point occurs when 3,300 units are produced at a price of $4 per unit, we can use this point to find the linear supply function.
Using the point-slope form of a linear equation, we have:
(qs - 3300) = m(p - 4)
the slope (m), we can use the given information that the producer will supply no unit at $1 per unit. This gives us another point (1, 0) on the supply curve.
Using the two points (1, 0) and (4, 3300), we can calculate the slope as follows:
m = (3300 - 0) / (4 - 1) = 3300 / 3 = 1100
Substituting the slope and one of the points into the equation, we have:
(qs - 3300) = 1100(p - 4)
qs - 3300 = 1100p - 4400
qs = 1100p - 1100
Therefore, the linear supply function is qs = 1100p - 1100.
Now, let's determine the linear demand function. We are given that the consumers will demand no unit at $15 per unit. This implies that the quantity demanded is zero when the price is $15.
Using the point-slope form again, we have:
(qd - 0) = m(p - 15)
the slope (m), we can use the given information that the market equilibrium point occurs at (4, 3300). Using this point and the point (15, 0), we can calculate the slope:
m = (0 - 3300) / (15 - 4) = -3300 / 11 = -300
Substituting the slope and one of the points into the equation, we have:
(qd - 0) = -300(p - 15)
qd = -300p + 4500
Therefore, the linear demand function is qd = -300p + 4500.
From the options provided, the correct answer is option B:
qs = -300p + 4500
qd = 1100p - 1100
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The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______. a. adding a predetermined percentage of the cost to the cost of the product b. charging a higher price when demand is strong c. balancing supply and demand d. determining the costs and then adding specified dollar amount or percentage of the cost to the seller's cost e. adding a flat dollar amount or percentage to the cost of the product
Answer:
Option A: Adding a predetermined percentage of the cost to the cost of the product
Explanation:
Price
This is simply refered to as money or other thing that ia used i exchanged for the right, ownership or use of a good or service.
Markup
This is commonly defined as thd difference between the cost price and the selling price of an goods or services that the business gives. it is the dollar amount listed or added to the cost of products to get the selling price. It is fondly called Gross Profit , Markup Margin or Margin, Gross Margin.
Standard Markup Pricing
This is the difference between selling price and cost. It is usually called as a percentage of cost.
The need for a markup is that business gather up expenses in order to be in a position to sell goods or services, and the markup covers these expenses and other factors
Question A The company Ping Pong Ltd has a current account in the bank and approximately 33 cheques were withdrawn from the bank with the total amount of FJ$ 6.6 million. The money drawn bears the signature of Mr. X the managing director of the company who was authorized signatories to its cheques. The cheques are debited to the company current's account but indeed the cheques were not drawn by the company. The signatures were not signed by Mr. X they were forged by an account clerk, Mr Z. Mr Z opened an account which name similar to Real Suppliers' name and persuade Mr X to sign cheques in their favour by producing to him forged documents as evidence of transactions. i. Has the bank breached its duty of care to its customer, Ping Pong Ltd? ii. Has the customer breached its duty of care to its bank?
Answer:
Ping Pong Ltd
i. No. The bank has not breached its duty of care to its customer, Ping Pong Ltd.
ii. No. The customer, Ping Pong, has not breached its duty of care to its bank.
Explanation:
The breach occurred between Mr. Z. and Ping Pong. Certainly, Mr. Z. breached his professional and fiduciary duty of care to Ping Pong, his employer. By presenting forged documents as evidence of supply transactions, Mr. Z. has fraudulently defrauded his employer to the tune of $6.6 million. It is the responsibility of Ping Pong to recover from Mr. Z. as soon as the fraud is discovered.
what are the high-priority action items you would include in a consulting report to steve morgan, president of el?
Consulting reports are created for companies and organizations to provide insights and solutions to management problems. A high-priority action item is a task that needs to be accomplished immediately.
Some of the high-priority action items that can be included in a consulting report to Steve Morgan, President of EL are:
1. Analyze the current business model: The current business model of EL needs to be evaluated to see if it is effective. The company may need to revise its strategies if the current model is not providing the desired results.
2. Evaluate the competition: A competitive analysis is essential to determine the strengths and weaknesses of the competition. This information can be used to develop better strategies that can put EL ahead of its competitors.
3. Develop a marketing strategy: A marketing strategy is critical for the growth of the company. The report should outline the steps that the company can take to develop a strong brand and increase its market share.
4. Develop a social media strategy: Social media has become a critical tool for companies to reach their target audience. A social media strategy should be developed to ensure that EL is utilizing social media to its full potential.
5. Develop a human resource strategy: A human resource strategy should be developed to ensure that EL is attracting and retaining the best talent. This strategy should also address issues such as employee engagement and training.
6. Develop a financial strategy: A financial strategy should be developed to ensure that the company is managing its finances effectively. This strategy should address issues such as budgeting, cash flow, and risk management.
7. Develop a technology strategy: A technology strategy should be developed to ensure that EL is utilizing technology to its full potential. This strategy should address issues such as cybersecurity, data management, and IT infrastructure.
In conclusion, the high-priority action items that should be included in a consulting report to Steve Morgan, President of EL are analyzing the current business model, evaluating the competition, developing a marketing strategy, developing a social media strategy, developing a human resource strategy, developing a financial strategy, and developing a technology strategy. These action items will help the company achieve its goals and improve its performance.
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Suppose the supply of a good is given by the equation Q= 480P-960, and the demand for the good is given by the equation Q = 1,280 - 160P, where quantity (Q) is measured in millions of units and price (P) is measured in dollars per unit.
The government decides to levy an excise tax of $2.00 per unit on the good, to be paid by the seller.
Calculate the value of each of the following, before the tax and after the tax, to complete the table that follows:
1. The equilibrium quantity produced
2. The equilibrium price consumers pay for the good
3. The price received by sellers
1. The equilibrium quantity produced before the taxTo find the equilibrium quantity produced, we equate the quantity supplied to the quantity demanded.
Qs = Qd480P - 960
= 1280 - 160P
Solving for P, we get; 640 = 320PP = 2
Using P = 2 in the demand equation gives us the equilibrium quantity supplied :
Q = 1280 - 160PQ
= 1280 - 160(2)Q
= 960 millions of units
Therefore, the equilibrium quantity produced before the tax is 960 million units.
2. The equilibrium price consumers pay for the good before the taxTo find the equilibrium price consumers pay for the good, we substitute the equilibrium quantity in the demand equation.
Q = 1280 - 160P960
= 1280 - 160PP
= 2.4
Therefore, the equilibrium price consumers pay for the good before the tax is $2.4.
3. The price received by sellers before the taxTo find the price received by sellers, we substitute the equilibrium quantity in the supply equation.
Q = 480P - 960960
= 480P - 960P
= 3
Therefore, the price received by sellers before the tax is $3.Table showing the calculations of equilibrium quantity, equilibrium price, and the price received by the seller before and after the imposition of the tax. After the tax imposition, the equilibrium price increases from $2.4 to $3.2, which is the price consumers pay.
However, the price received by sellers decreases from $3 to $2.4 due to the imposition of the tax. Furthermore, the quantity produced decreases from 960 million units to 880 million units.
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Belen's Bakery sells sourdough bread for $5 a loaf. Belen used 10 ovens to bake and sell 50 loaves last week. This week, she brought in one more oven and sold 56 loaves. What is the marginal revenue product of capital for the 11th oven?
Answer:
Let the loaves sold be and rolls sold be .
Given:
Cost for 1 loaf of bread = $3
∴ Cost of loaves of bread =
Cost of 1 roll of bread = $1
∴ Cost of rolls =
Total cost of the baked goods = $24
Therefore, as per question,
Now, the graph is shown below.
The vertical axis represent the rolls sold and the horizontal axis represent the loaves sold.
Draw a horizontal line from 12 mark on the vertical axis to the given line to meet at point A. Now, from point A, draw a vertical line to meet the horizontal axis at point B. Point B is the number of loaves sold.
From the graph, loaves sold are 4 when rolls sold are 12.
so whos gonna help me with my family and consumer science finals :/
Conclusion about public companies and state owned enterprises task
Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
What is public and state owned company?A public company can be described as the company that can sell all or a portion of itself to the public .
A state-owned company on the other hand is a legal entity which is been created by a government for the sake of commercial activities which is been run on government's behalf.
Therefore, Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
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What information system would be most useful in determining what direction
to go in the next two years?
O A. Transaction processing system
B. Decision support system
C. Executive information system
D. Management information system
Answer:
C- Executive information system
Explanation:
AP3X
OJT is best for large groups.
True
False
Businesses that provide steady employment may qualify for a reduction in unemployment taxes based on:
O experience rating system
O ability to make payments
O number of accidents
Generally, the longer the duration of the bond, the ___________ (lower/higher) the chance the bond price may change due to changes in yield.
The longer the duration of the bond, the lower the chance the bond price may change due to changes in yield.
What is duration?Traders are aware that a bond will be more susceptible to changes in interest rates the longer its tenure.
A bond with a 20-year remaining maturity will lose value more drastically than a bond with a five-year remaining maturity if the YTM increases.
Because some duration measurements are also computed in years, it is simple to mistake a bond's duration for its term or time until maturity.
A bond's or fixed income portfolio's duration indicates how sensitive its price is to changes in interest rates.
Therefore, the longer the duration of the bond, the lower the chance the bond price may change due to changes in yield.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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You plan to operate a basketball camp during the summer at Duke University. The total number of participants is 200. Camp participants will stay three nights in the university dormitories, and each room will house two camp participants. Duke charges you $40 per room each night. Liability insurance to run the camp will cost $3,000. Meals for the three day camp will cost $6,000. Duke will not charge you for the use of the basketball facility. Nike will provide sporting goods to be used by, and given to, participants. You and your partner each want to make $8,000 profit from running the camp. How much will you have to charge each participant to meet your goal?
Answer:
$245 per participant
Explanation:
total number of participants = 200
total costs for 200 participants:
$40 per night x 3 nights x 200 = $24,000 for rooms$3,000 for insurance$6,000 for mealstotal costs = $33,000
if you want to earn $16,000 in profits ($8,000 each),
price per participant = ($33,000 + $16,000) / 200 = $49,000 / 200 = $245
State the reasons/reason for backward bending supply curve
It slopes from left to right. However, in labour markets, we can often witness a backward bending supply curve. This means after a certain point, higher wages can lead to a decline in labour supply. This occurs when higher wages encourage workers to work less and enjoy more leisure time.
Explanation:However, the backwards-bending labour supply curve occurs when an even higher wage actually entices people to work less and consume more leisure or unpaid time. However, in labour markets, we can often witness a backward bending supply curve. This means after a certain point, higher wages can lead to a decline in labour supply. This occurs when higher wages encourage workers to work less and enjoy more leisure time.
Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.
The options given are violations of these Executive Orders except A. Making authorized commitments.
It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.
The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.
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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less
Answer: Finding a job that matches your skill and interest.
Explanation:
This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.
A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.
Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.
Cashapp $KatieZezu :)
Answer:
ok
Explanation:
ok
Define the factor-price equalization theorem. Explain why input
factors
equalize in price under this theorem, and then explain which
assumptions
are not perfectly realistic about this theorem.
The factor-price equalization theorem states that in a perfectly competitive market with free trade and the mobility of factors of production (such as labor and capital) between countries, the prices of these factors will equalize across countries. This means that the wages, rents, and returns to capital will be the same in different countries for the same type of factor.
According to the factor-price equalization theorem, factors of production equalize in price due to the forces of supply and demand in a globalized economy. When there is free trade, factors of production can move across borders to where they are most efficiently utilized, leading to an equilibrium where factor prices are the same in different countries.
The theorem relies on certain assumptions that may not perfectly hold in reality. First, it assumes perfect competition, which may not exist in all markets. Second, it assumes free trade, meaning there are no barriers or restrictions on international trade, which is not always the case. Third, it assumes perfect factor mobility, implying that factors can move freely and costlessly between countries, which may be limited by factors such as immigration laws, cultural barriers, and transportation costs.
Overall, while the factor-price equalization theorem provides valuable insights into the effects of international trade and factor mobility, its assumptions may not accurately reflect the complexities and constraints present in the real world.
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A budget is prepared as part of a(n) _____ plan.
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:
Answer:
The precautionary principle
Explanation:
When an RBT does not know how to perform an intervention or strategy, which of the following is the best course of action?
When an RBT does not know how to perform an intervention or strategy, the best course of action is to ask for training and supervision on the skill.
There is a paraprofessional certification in behavior analysis called Registered Behavior Technician® (RBT®). RBT Supervisors and/or RBT Requirements Coordinators, who are in charge of all work RBTs do, direct and closely supervise RBTs as they aid in providing behavior analysis services and practice.
A patient care plan developed by a board-certified behavior analyst is supported and carried out by a registered behavior technician. They offer ABA interventions that promote replacement behaviors that are socially acceptable so that clients can develop and enhance their communication, social interaction, and problem-solving abilities.
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177) A company reported the following data for its first year of operations:
Net sales $ 2,800 Cost of goods sold 1,680 Operating expenses 880 Ending inventories 820 What is the company's gross profit ratio?
A) 80%.
B) 49%.
C) 40%.
D) 5%. ,
Option C is the correct answer.A company reported the following data for its first year of operations:Net sales $ 2,800 Cost of goods sold 1,680 Operating expenses 880 Ending inventories 820
The first step in calculating the company's gross profit ratio is to determine its gross profit, which is the difference between net sales and cost of goods sold. In this case, the gross profit is $1,120 ($2,800 - $1,680).
Next, we can use the formula for gross profit ratio, which is gross profit divided by net sales multiplied by 100, to find the answer.
So, the gross profit ratio is:
($1,120 / $2,800) x 100 = 40%
Therefore, the company's gross profit ratio is 40%, which means that for every dollar of net sales, the company earned 40 cents in gross profit.
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Microsoft Corp (MSFT) stock has its closing price at $229.25 (10/10/22). It currently (2022) pays $0.62 per share quarterly dividend (the dividend was $0.36 per share quarterly in 2016 (6 years ago).
a)Assuming constant growth, what is the growth rate on the MSFT stock dividend?
1.86%
4.63%
9.24%
7.64%
None of them
Microsoft Corp (MSFT) currently (2022) pays $0.62 per share quarterly dividend (the dividend was $0.36 per share quarterly in 2016, the growth rate on the MSFT stock dividend is 9.24%.
The formula for calculating the growth rate of a dividend is:
growth rate = (current dividend - past dividend) / past dividend * 100%
In this case, the current dividend is $0.62 and the past dividend is $0.36. So, the growth rate is:
growth rate = (0.62 - 0.36) / 0.36 * 100% = 9.24%
Therefore, the growth rate of the MSFT stock dividend is 9.24%.
Here are the steps on how to calculate the growth rate:
Subtract the past dividend from the current dividend.Divide the result by the past dividend.Multiply the result by 100%.The answer choice that matches the calculated growth rate is 9.24%.
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an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant a.true b.false
The statement an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant is false.
In the field of business, an inferior good can be described as a product whose demand in the market will decrease if the income of the people in a place or country increases. As the economy of a country increases, the quantity demanded for an inferior good decrease.
An inferior good is a type of good that is used only by customers when they have low incomes or the country is not economically stable. When there is a higher income for the people of a country, the value of demand for the inferior good decreases.
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After many months in business, Horatio decides that there are some negative aspects of having a sole proprietorship. All of the followin
are negatives except.
As Horatio decides that there are some negative aspects of having a sole proprietorship, the exception to the negative was "Pride of ownership".
What is a sole proprietorship?It refers to a one-man business organisation. It involve a natural person (not a legal person/entity) who fully owns and manages this type of entity. In addition, the sole proprietorship usually does not have to be incorporated or registered.
Because of these fact, the sole proprietorship is the simplest form of business structure and the ideal choice to run a small business or medium scale business.
Missing options "a)lack of money b)lack of continuity c)pride of ownership d)unlimited liability
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Which of the following is not a major control risk in the payroll cycle? A. Paying fictitious "employees." B. Overpaying for time or production.
Neither option is NOT a major control risk in the payroll/revenue cycle. Both options represent significant control risks that should be addressed through appropriate control measures and regular monitoring.
Control risks refer to the risks associated with inadequate or ineffective controls in a business process, which can result in errors or fraud. The payroll cycle is a critical business process that involves paying employees for their work. To ensure accuracy and prevent fraud, various control measures are put in place. Two major control risks in the payroll cycle are paying fictitious employees and overpaying for time or production. However, the two options given are paying fictitious employees and overpaying for time or production. Therefore, one of these options is NOT a major control risk.
After analyzing the options, it can be concluded that paying fictitious employees is a major control risk in the payroll cycle as it can result in fraudulent payments being made to non-existent employees. On the other hand, overpaying for time or production is also a major control risk in the payroll cycle as it can result in unnecessary costs and inaccurate payments to employees.
Therefore, the answer to your question is that neither option is NOT a major control risk in the payroll cycle. Both options represent significant control risks that should be addressed through appropriate control measures and regular monitoring.
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