The reconciliation of the cash register tape with the cash in the register is an example of

A) other controls.
B) independent internal verification.
C) establishment of responsibility.
D) segregation of duties.


B

Business

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Which of the following statements about the market segmentation approach is correct?

A) This approach would imply the production of standardized products. B) With this approach, less money is wasted on customers who have low probability of buying the product. C) It is the act of choosing which segment or segments to pursue actively. D) With this approach, none of the segments would necessarily be satisfied because the typical consumer in each would not feel that the product was right for him or her.

Business

If bonds are issued at a discount, the amortization of the discount over the life of the bonds causes the

a. interest expense to decrease each period; b. interest expense to increase each period; c. carrying value of the bonds to decrease; d. maturity value to increase; e. cash paid to increase

Business

A facility is trying to set up an assembly line, and has identified the various tasks, and their relationship to each other, as shown in the following table. Managers wish to produce 600 units per day, working two 8-hour shifts

Task Preceding Task Time to perform (sec.) A -- 20 B -- 30 C -- 25 D -- 10 E A 55 F D, B, C 30 G E 25 H F, G 40 (a) Draw a network diagram of precedence relationships. (b) Compute the required cycle time per unit in seconds. (c) Compute the minimum number of workstations required to produce 600 units per day. (d) Balance this line using the longest processing time heuristic. (e) What is the efficiency of the line obtained in part (d)?

Business

Why would the replacement of 10-year Treasuries with high-coupon callable bonds reduce the portfolio's duration?

What will be an ideal response?

Business