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Question:
Write a 750- to 1,050-word paper in which you:
Explain the principles of internal control.
Explain the use of cash and internal controls to prevent fraud.
Explain why corporations invest in stocks and debt securities.
Explain how debt and stock investments are reported in financial statements.
Format your paper according to APA guidelines.
Cite 3 peer-reviewed, scholarly, or similar references to support your paper.
Verified Expert
Cash control is essentially a critical financial function in any organization. The current discussion presents the internal controls, principles of budgeting, classification of assets etc.Also there is discussion to investigate the reasons for why organizations invest in stocks and bonds.
Which of the two systems will be more profitable for the firm if sales for either system are expected to average 150,000 units per year? How many units must the company sell to break even if it selects the Deluxe system?
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What percentage of gross domestic product does spending for federal programs represent? What percentage does state and local government spending represent?
Calculate the companys current income and determine the level of dollar sales needed to double that figure, assuming that manufacturing operations remain in the United States and determine the break-even point in speaker sets if operations are shif..
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What is the trend in the company's net income? What changes are primarily driving this trend? Include a link to this financial statement in your post. Participate in the follow-up discussion by challenging or adding to your classmates' answers to..
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Calculate the net present value of the investment in the boat. Should the company make the investment?
Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on internal controls and how these changes have affected corporations, accounting firms, and investors.
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