What internal controls should be in place in the situation

Assignment Help Accounting Basics
Reference no: EM131608747

Discussion Question A

• Should we evaluate a manager's performance on the basis of controllable or non-controllable costs? Why?

Discussion Question B

• Is it ethical for a manager that is responsible for overseeing a sales department whose compensation is based on the level of sales to be involved in the preparation of the sales reports? Why or why not? What internal controls should be in place in this situation to avoid fraud from occurring?

Reference no: EM131608747

Questions Cloud

Wap to calculate total grade for three classroom exercises : Write a program that calculates the total grade for three classroom exercises as a percentage. Use the Decimal Format class to output the value as a percent.
How fasb and ifrs treat changes in accounting estimates : Research how FASB and IFRS treat changes in accounting estimates and errors. What do they have in common? What is different?
What is expected return of your portfolio : What is the expected return of your portfolio?
Compare and contrast these two depictions of women : Explain the key reasons why you believe that compositions by Tchaikovsky continue to be popular with contemporary orchestras and audiences.
What internal controls should be in place in the situation : What internal controls should be in place in this situation to avoid fraud from occurring? Should we evaluate a manager's performance on the basis?
What is portfolio expected return : The expected returns on these stocks are 6 percent, 12 percent, and 16 percent, respectively. What is the portfolio's expected return?
Examine the experiences of the local populations : Examine the experiences of the local populations and varied demographics, including African Americans, women, and lower classes.
Write a program that determines the change to be dispensed : Write a program that determines the change to be dispensed from a vending machine. An item in the machine can cost between 25 cents and 1 dollar.
How a ruling class in a society maintains : True or false of questions - Cultures usually do not change and, subsequently, media do not change.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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