Which of the following is an appropriate internal control activity for cash?
a. The amount of cash on hand should be kept to a maximum.
b. All payments should be made with currency, not checks.
c. Banking facilities should be used as little as possible.
d. Recordkeeping and custodianship over cash should be performed by separate individuals.
D
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The Second stepin financial statement analysis requires businesses to analyze strategies that will__________________________________________________ itself from the firms competitors
Fill in the blank(s) with correct word
Two apparently similar ways of posing a question always yields the same information
Indicate whether the statement is true or false
Howard Enterprises has a contribution margin ratio of 65% and fixed costs of $15,000. What would sales have to be in order for Howard to earn an after-tax profit of $50,000? The company is in the 40% tax bracket
A) $23,077 B) $100,000 C) $151,282 D) $75,000
A work must be set out in a tangible medium of expression to be copyrightable
Indicate whether the statement is true or false