Proper segregation of duties

Assignment Help Financial Management
Reference no: EM131537680

Proper segregation of duties would include which of the following activities?

A. The disbursement function should be segregated from the accounts payable function.

B. The accounts payable function should be segregated from the general ledger function.

C. The purchasing function should be segregated from the requisitioning and receiving functions.

D. Proper segregation of duties would include all of the above activities.

Reference no: EM131537680

Questions Cloud

Describe the variability in conditions : After the participants completed a puzzle and ate the candy they were asked how delicious they thought the good was on a scale.
State precisely the circumstances to given journal entries : State precisely the circumstances which could have given rise to the following Journal entries in the books of G. Gough, a manufacturer.
Have you experienced a reference gone bad : Explain what you might do differently after having completed this course. Why? Be specific!
Positive for breast cancer has breast cancer : Compute the probability that a female who tests positive for breast cancer has breast cancer. Answer out to three decimal places.
Proper segregation of duties : Proper segregation of duties would include which of the following activities?
Give the journal entries for the given transactions : A purchase of Office Stationery has been included in the Purchase Book as ordinary purchases. The amount involved is £15. Make the correction.
What is the present value of cash flows : what is the present value of these cash flows? what is the present value of these cash flows?
Positive for breast cancer has breast cancer : Compute the probability that a female who tests positive for breast cancer has breast cancer. Answer out to three decimal places.
Determine the roe if the project is financed : Determine the ROE if the project is financed with 100% equity and if they decide to finance it with 50% equity and 50% debt (cost of debt is 10%).

Reviews

Write a Review

Financial Management Questions & Answers

  Is this compelling argument for low dividend-payout ratio

After completing its capital spending for the year, Carlson Manufacturing has $2,500 extra cash. Carlson’s managers must choose between investing the cash in Treasury bonds that yield 3 percent or paying out the cash to investors who would invest in ..

  Bonds are selling at par value-what is cost of equity

Johnson Tire Distributors has an unlevered cost of capital of 11 percent, a tax rate of 33 percent, and expected earnings before interest and taxes of $1,300. The company has $2,300 in bonds outstanding that have a 7 percent coupon and pay interest a..

  Suppose interest rate parity holds

Currency per U.S. $ Australia dollar 1.2387 6-months forward 1.2346 Japan Yen 100.4300 6-months forward 99.9500 U.K. Pound .6795 6-months forward .6778 Suppose interest rate parity holds, and the current risk-free rate in the United States is 4 perce..

  The firm use to discount the project cash flows

Organic Produce Corporation has 7.9 million shares of common stock outstanding, 540,000 shares of 7.4 percent preferred stock outstanding, and 179,000 of 8.6 percent semiannual bonds outstanding, par value $1,000 each. What is the firm's market value..

  What is cost of equity

Shadow Corp. has no debt but can borrow at 7.4 percent. The firm’s WACC is currently 9.2 percent, and the tax rate is 35 percent. What is Shadow’s cost of equity? what will its cost of equity be? If the firm converts to 60 percent debt, what will the..

  Tech industries regarding the proposed new production line

Tech Industries, a contract manufacturer of circuit boards, is evaluating an investment in a new production line to handle the growing demand from its customers, who produce consumer electronic products. Based on reasonable growth assumptions, the NP..

  What is the annual interest tax shields

Establishment industries borrows $800 million at an interest rate of 7.6%. What is the annual interest tax shields? if the establishment expects to maintain this debt level into the far future, what is the PV of interest tax shields? How would your a..

  Value of savings account

At the end of 2011, the value of my savings account was $20,000. Over the next three years, the rates of return on the account were as shown below. How much was in the account at the end of the third year, 2014?

  Which portfolio has the best diversification

Which portfolio has the best diversification?

  Use as initial cash flow attributable to net working capital

Floral Shoppes has a new project in mind that will increase the accounts receivable by $19000, decrease accounts payable by $4000, increase fixed assets by $27000, and decrease inventory by $2000. What is the amount the firm should use as the initial..

  Unfortunately ran a bit over budget

Your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost: You just received an offer in the mail to transfer your $13,200 balance from your current credit card, which charges an annual rate of 21 percent, to ..

  Explain how a swaption can be terminated at expiration

Explain how a swaption can be terminated at expiration by either exercising it or settling it in cash. Why are these procedures financially equivalent?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd