For good internal control, there should be a segregation of duties between personnel data creation/modification, payroll preparation, and disbursement of the checks.
Answer the following statement true (T) or false (F)
True
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Loblaw Companies Limited, with a strong presence in Ontario and western Canada, gained a footprint into the Quebec market by
A. acquiring Provigo. B. not shortchanging your partner. C. working hard to ensure a collaborative relationship between partners. D. establishing a clear understanding between partners.
A company's customer service quality plays the greatest role in customer satisfaction for ________
A) defecting customers B) neutral customers C) a product involving short-term ownership D) a product involving long-term ownership E) unprofitable customers
_________ is the degree to which jobs are standardized within an organization, meaning the degree to which we have created policies, procedures, and rules that “program” the jobs of the employees.
A. Strategy B. Centralization C. Organizational culture D. Formalization E. Complexity
The Clydesdale Corporation has an optimal capital structure consisting of 70 percent debt and 30 percent
equity. The marginal cost of capital is calculated to be 14.75 percent. Total earnings available to common stockholders for the coming year total $1,200,000. Investment opportunities are: Project Investment IRR (%) A $1,000,000 22 B $750,000 18 C $1,250,000 15 D $500,000 14 a. According to the residual dividend theory, what should the firm's total dividend payment be? b. If the firm paid a total dividend of $675,000, and restricted equity financing to internally generated funds, which projects should be selected? Assume the marginal cost of capital is constant.