Tyson Chandler Company's sales budget projects unit sales of part 1987 of 10,500 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part 198Z requires 2 kg of materials, which cost $2 per kilogram. Tyson Chandler Company wants its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2019. Prepare a production budget for January and February 2020. TYSON CHANDLER COMPANY Production Budget-1987 For the Two Months Ending February 29, 2020 Month Jan Feb Total LINK TO TEXT Prepare a direct materials budget for January 2020. TYSON CHANDLER COMPANY Direct Materials Budget (kgs) For the Month Ending January 31, 2020 Total $ $

Since the bank only has $3,400 in reserves, it will need to acquire additional reserves in order to meet the required reserve ratio. It can do this by borrowing from other banks or by selling securities.

Assuming it is able to acquire the necessary reserves, it can then lend out the excess:
Excess reserves = Reserves - Required reserves
Excess reserves = $3,400 - $6,250
Excess reserves = -$2,850
Since the bank has negative excess reserves, it cannot lend out any additional funds. However, assuming that it is able to acquire the necessary reserves, the total increase in the money supply would be:
Total increase in money supply = Deposit x Money multiplier
Total increase in money supply = $10,000 x 8
Total increase in money supply = $80,000
So the banking system as a whole would create $80,000 in new money as a result of the $10,000 deposit.

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a. The reserve ratio if the bank holds no excess reserves is 0.068 or 6.8%

b.  If the Fed sets reserve ratio as 5 percent,  the excess reserve is $900.

c. The money multiplier if the reserve ratio is 12.5 percent is 8.

d. The banking system will create $80,000 in new money.

a) The reserve ratio is calculated by dividing the amount of reserves by the amount of deposits:

Reserve Ratio = Reserves / Deposits

In this case, since the bank holds no excess reserves, the entire reserve amount of $3,400 is used:

Reserve Ratio = $3,400 / $50,000

Reserve Ratio = 0.068 or 6.8%

b) If the Fed sets the reserve ratio as 5 percent, we can calculate the excess reserves by subtracting the required reserves from the total reserves:

Required Reserves = Reserve Ratio * Deposits

Required Reserves = 0.05 * $50,000

Required Reserves = $2,500

Excess Reserves = Total Reserves - Required Reserves

Excess Reserves = $3,400 - $2,500

Excess Reserves = $900

Therefore, the excess reserves are $900.

c) The money multiplier is calculated as the reciprocal of the reserve ratio:

Money Multiplier = 1 / Reserve Ratio

In this case, with a reserve ratio of 12.5 percent, the money multiplier is:

Money Multiplier = 1 / 0.125

Money Multiplier = 8

Therefore, the money multiplier is 8.

d) To calculate the money the banking system will create, we can use the money multiplier and the new deposit amount:

Money Created = Money Multiplier * New Deposit

Money Created = 8 * $10,000

Money Created = $80,000

Therefore, the banking system will create $80,000 in new money.

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The major components of a master budget are the (c) tactical short-range profit plan.

Sales Budget: This outlines the expected sales revenue for the upcoming period and is typically the starting point of the budgeting process.

Production Budget: This outlines the amount of goods or services that need to be produced to meet the sales demand outlined in the sales budget.

Direct Materials Budget: This outlines the materials that need to be purchased to support the production budget.

Direct Labor Budget: This outlines the labor costs associated with the production budget, including salaries, wages, and benefits.

Manufacturing Overhead Budget: This outlines the indirect costs associated with production, such as utilities, rent, and insurance.

Selling and Administrative Expense Budget: This outlines the expected costs associated with selling and marketing the products or services, as well as the general administrative costs of running the business.

Capital Expenditure Budget: This outlines the planned investments in fixed assets, such as property, plant, and equipment.

Cash Budget: This outlines the expected cash inflows and outflows for the upcoming period and is used to ensure that the business has sufficient cash on hand to meet its obligations.

Budgeted Income Statement: This outlines the expected revenues, costs, and profits for the upcoming period.

Budgeted Balance Sheet: This outlines the expected assets, liabilities, and equity for the end of the upcoming period.

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The residual value of the facility is $346,000.

The residual value of the facility is the estimated amount that the building will be worth at the end of its useful life.

In this case, Holly Incorporated expects to sell the facility for $117,000, but the building originally cost $435,000.

The balance of the accumulated depreciation account is $206,000, which means that the building has been depreciated by $206,000 since it was purchased.

To calculate the residual value, subtract the accumulated depreciation from the original cost of the building, then add the expected sale price.

Residual value = Original cost - Accumulated depreciation + Expected sale price

Residual value = $435,000 - $206,000 + $117,000

Residual value = $346,000

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Monte Corp will receive $17,997.33 at the time the lease expires.

The security deposit of $9,000 will be returned to Monte Corp at the expiration of the lease with interest compounded at 9% per year.

To calculate the future value of the deposit, we can use the formula for compound interest:

[tex]FV = PV x (1 + r)^n[/tex]

where FV is the future value, PV is the present value, r is the interest rate, and n is the number of compounding periods.

In this case, the present value (PV) is $9,000, the interest rate (r) is 9%, and the number of compounding periods (n) is 8 years.

Plugging in the values, we get:

[tex]FV = $9,000 x (1 + 0.09)^8[/tex]

FV = $9,000 x 1.999703

FV = $17,997.33

Therefore, Monte Corp will receive $17,997.33 at the time the lease expires.

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The success of a team depends on various factors, and one of the most critical ones is the establishment of a common purpose or goal.

Members of successful teams put a tremendous amount of time and effort into discussing, shaping, and agreeing on this common purpose. This helps to create a sense of shared vision and direction, which guides the team's efforts under any and all conditions. In addition to a common purpose, another critical factor is the allocation of roles within the team. Each team member should have a clear understanding of their responsibilities and how they contribute to the team's overall success. This helps to ensure that everyone is working towards the same goal and avoids duplication of efforts.
The level of individual contribution is also important. Each team member brings unique skills and expertise to the team, and it is essential to recognize and utilize these skills effectively. This helps to maximize the team's potential and ensures that each member feels valued and appreciated.
Allocation of resources is another crucial factor that impacts the success of a team. Teams must have access to the necessary resources to complete their tasks and achieve their goals. This includes financial resources, physical resources, and human resources.

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To use the least-cost combination of labor and capital, Max should employ more capital and less labor since the marginal product of capital is higher than the marginal product of labor, and the price of labor is relatively more expensive than the price of capital.

Max should use more capital and less labor to produce the current quantity of toy trains. This is because the marginal product of capital is higher than the marginal product of labor.

The marginal product of capital is 40 units, which means that every additional unit of capital employed adds 40 units to the output of toy trains. On the other hand, the marginal product of labor is 15 units, which means that every additional unit of labor employed adds only 15 units to the output of toy trains.

To determine the least-cost combination of labor and capital, Max should compare the marginal product of labor and capital to their respective prices. The marginal product of labor divided by the price of labor (15/3) is equal to 5, while the marginal product of capital divided by the price of capital (40/10) is equal to 4. This means that labor is relatively more expensive than capital and Max should use more capital and less labor to produce the current quantity of toy trains.

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The most likely response from the departing new hire for the high turnover at Stewart's company is that  the company does not have good decruitment policies in place. Option D) is the answer.

A company's decruitment policies refer to the procedures in place to terminate employees. If a company lacks effective decruitment policies, it can lead to negative experiences for departing employees, which can damage the employer brand and affect employee retention.

Therefore, the departing employee's response suggests that Stewart's company may have weak or ineffective policies in place for the exit process, such as inadequate feedback mechanisms, insufficient support for departing employees, or a lack of communication regarding the reasons for the employee's departure.

Improving these policies can help organizations identify the root causes of high turnover and reduce it over time.

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A banking system in which only a portion of checkable deposits are backed up by cash in bank vaults or deposits in the central bank is called a fractional reserve banking system.

In a fractional reserve banking system, banks are only required to hold a certain percentage of their customers' deposits as reserves, either in the form of cash in their vaults or as deposits with the central bank. This percentage is called the reserve requirement. The central bank, which serves as the regulatory authority and the lender of last resort, determines the reserve requirement for the banks under its jurisdiction.

Fractional reserve banking allows banks to use the remaining funds from customer deposits, after meeting the reserve requirement, to extend loans and create new money through the process of lending. This leads to the expansion of the money supply, and ultimately, it plays a crucial role in economic growth and development.

However, it also comes with some risks, such as the possibility of bank runs, where many customers simultaneously demand to withdraw their deposits, which can lead to bank failures. To mitigate these risks, the central bank monitors and regulates the banking system, ensuring that banks adhere to the reserve requirements and maintain adequate levels of capital and liquidity.

In summary, a fractional reserve banking system is one where only a portion of checkable deposits are backed by cash in bank vaults or deposits in the central bank, allowing banks to use the remaining funds to provide loans and expand the money supply. This system is regulated by the central bank, which determines the reserve requirements and oversees the banking sector to maintain stability and prevent bank runs.

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False. Major advertisers cannot ensure a big audience by simply advertising on TV.

This is because TV viewing habits have changed significantly in recent years, with more people watching programs on demand or streaming them online. Additionally, there are other factors that can impact the size of the audience an ad receives, such as the time of day it airs, the content of the ad, and the target audience.

To ensure a big audience, advertisers need to take a comprehensive approach to their campaigns, incorporating TV, digital, and other advertising channels. Additionally, they need to use analytics and insights to understand their target audience and ensure their ads are reaching the right people.

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In this scenario, when a person from Boeing goes to American Airlines and does a presentation on the benefits of the plane to American for the purpose of closing the deal, this process is known as c. personal selling.

Face to face selling is another name for personal selling, in which a single salesperson tries to persuade a customer to buy a product. It is a marketing strategy in which the salesperson tries to close a deal by utilizing their skills and abilities.

Personal selling involves direct communication between the salesforce and the customer to persuade them to make a purchase. Therefore, the correct option is c. personal selling.

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Fiat money has no intrinsic value because it is not backed by a physical commodity like gold or silver.

Instead, its value is derived from the trust and confidence placed in the government that issues it and the free-market system that allows it to be exchanged for goods and services.

This is why the value of fiat money can fluctuate based on economic and political factors, as well as inflation.

Its only purpose is as a medium of exchange, and it is not a durable commodity in the way that physical goods are.

Therefore, its value is solely dependent on the free-market system and the trust placed in the government that issues it.

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The Securities and Exchange Commission (SEC) has mandated that companies use the eXtensible Business Reporting Language (XBRL) as the interactive data format for financial reporting.

Some important points about this are:

In summary, the SEC has mandated the use of XBRL as an interactive data format for financial reporting by companies. This requirement has been in place since 2009 and is designed to improve the accuracy, reliability, and accessibility of financial information.

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The value added by a market analysis can be calculated by determining the difference between the expected value with sample information and the expected value without sample information.

In this case, the expected value with sample information is $8.56 million, while the expected value without sample information is $6.39 million.

Therefore, the value added by the market analysis would be the difference between these two values.

Which is $8.56 million - $6.39 million = $2.17 million. Thus, the value added by the market analysis undertaken is $2.17 million.

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According to path-goal theory, the important environmental factors that determine appropriate leadership style are the characteristics of the task, the abilities and motivations of the followers, and the work environment.

The theory suggests that leaders must adapt their leadership style based on these factors to ensure that their followers are motivated and able to achieve their goals. For example, if the task is complex and requires specialized knowledge, a directive leadership style may be appropriate. If followers are highly skilled and motivated, a supportive or participative leadership style may be more effective. Ultimately, the leader's goal is to create a supportive work environment that allows followers to succeed.

Task structure refers to the clarity and complexity of the tasks performed by team members. The formal authority system represents the degree of control and rules in the organization, while work group dynamics involve the relationships and interactions within the team. These factors influence a leader's choice of leadership style, allowing them to provide guidance, support, and motivation to team members, ultimately leading to higher performance and satisfaction.

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The segment of the workforce that has received the greatest benefit from a formalized system of flexible working hours is working parents, particularly mothers.

For working mothers, flexible working hours can help to reduce the stress of balancing work and family responsibilities. They can arrange their work schedules around school drop-offs and pickups, doctor's appointments, and other family commitments. This can also reduce the need for expensive and often unreliable childcare arrangements, which can be a significant burden for working parents.

Flexible working hours also benefit employers by improving employee retention, reducing absenteeism, and increasing productivity. By accommodating employees' needs, employers can create a more supportive and loyal workforce.

However, it is important to note that flexible working hours should not be limited to working parents. All employees can benefit from flexible working hours, particularly those with disabilities, chronic illnesses, or other caregiving responsibilities. A formalized system of flexible working hours can help to create a more inclusive workplace where all employees can thrive.

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Reliable Construction Company purchased a backhoe for $100,000, with an expected useful life of 20 years.

Reliable construction company's decision to report depreciation expenses of a certain amount per year for the next 20 years is a sound financial strategy.

This method of accounting for the cost of the backhoe aligns with the years that the company will actually use the equipment, which is more accurate than reporting the entire cost as an expense in the first year.

This approach also allows for better planning of future expenses and helps to avoid any unnecessary financial strain on the company.

Additionally, this method of reporting expenses allows for better tracking of the backhoe's value over time. As the equipment ages, it will decrease in value, and the depreciation expenses reported each year will reflect this change in value. This will help the company make informed decisions regarding repairs, maintenance, and eventual replacement of the backhoe.

Overall, reporting depreciation expenses over the next 20 years is a responsible and financially savvy decision for Reliable construction company. It allows for accurate tracking of expenses and ensures that the cost of the backhoe is aligned with the years it is used.

Reliable Construction Company purchased a backhoe for $100,000, with an expected useful life of 20 years. To better match the expenses associated with the backhoe to the period it is utilized, the company can report depreciation expenses instead of a one-time expense of $100,000 in the first year.

Depreciation is the systematic allocation of the cost of an asset over its useful life, which in this case is 20 years. By using the straight-line method of depreciation, the company can evenly distribute the expense over the 20-year period. To calculate the annual depreciation expense, divide the initial cost of the backhoe ($100,000) by its useful life (20 years):

$100,000 / 20 years = $5,000 per year

Thus, Reliable Construction Company can report an annual depreciation expense of $5,000 for each of the next 20 years, allowing for a more accurate representation of the backhoe's cost and its impact on the company's financial statements. This approach ensures that the construction company's expenses are consistently accounted for during the entire time the backhoe is in use.

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The statement that is true is that the consumer is not maximizing their utility by purchasing the products separately.

To determine if the consumer is maximizing their utility, we need to calculate the marginal utility per dollar spent for each product. The marginal utility per dollar spent can be found by dividing the additional utility by the price of the product.
For popcorn shrimp:
Marginal utility per dollar = Additional utility / Price
= 10 / $5
= 2
For sweet tea:
Marginal utility per dollar = Additional utility / Price
= 8 / $2
= 4
Since the marginal utility per dollar for sweet tea (4) is greater than that for popcorn shrimp (2), the consumer should purchase more sweet tea rather than popcorn shrimp to maximize their utility. However, the consumer prefers to buy the products separately, which indicates they are not maximizing their utility.

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In the computation of basic earnings per share, a company will use the weighted-average common shares outstanding. Therefore, option D is correct.

Weighted-average common shares outstanding refers to a method used to calculate the number of shares of a company's common stock that are considered in the earnings per share (EPS) calculation.

It takes into account any changes in the number of shares outstanding throughout the reporting period by assigning different weights to each period based on the time the shares were outstanding.

This approach provides a more accurate representation of the company's EPS because it considers the fluctuating number of shares and the time period they were outstanding, giving more weight to periods with higher share counts.

It is a commonly used method to account for the potential dilution or increase in shares during the reporting period.

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To determine the ending cash balance on the month ended June 30 cash budget, we need to take into account all cash receipts and disbursements the ending cash balance to be reported on the month ended June 30 cash budget is $85,300.

Beginning cash balance on June 1 is $95,700.

Cash receipts from sales are $421,500.

Budgeted cash disbursements for purchases are $276,500.

Budgeted cash disbursements for salaries are $96,700.

Other budgeted cash expenses are $58,700.

Cash repayment of bank loan is $33,700.

Budgeted depreciation expense is $35,700.

So, we need to subtract all the cash disbursements from the cash receipts, and then add the beginning cash balance and subtract the depreciation expense.

Thus,

$95,700 + $421,500 - $276,500 - $96,700 - $58,700 - $33,700 - $35,700 = $85,300.

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If the federal and state minimum wages are different, the highest minimum wage is used.

In the U.S., both federal and state governments are empowered to enact regulations on minimum wages. Yet, if there is a dissonance between the federal and state-implemented minimum wage rates, it becomes incumbent upon employers to pay their workers the higher of these two rates.

The aim of such a policy is for employees to be guaranteed utmost safeguard and not have their wages subject to inconsistent or inequitable legislation.

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105 tons of fish are sold if the fish market is competitive.

To find the quantity of fish sold in a competitive market, we need to equate the demand and supply functions. In this case, we have the

demand function P = 4976 - 6*Q

and the supply function P = 2248 + 20*Q.

Step 1: Equate the demand and supply functions:
4976 - 6*Q = 2248 + 20*Q

Step 2: Solve for Q:
26*Q = 4976 - 2248
Q = (4976 - 2248) / 26
Q = 2728 / 26
Q = 104.923 (approximately)

So, in a competitive fish market, approximately 105 tons of fish are sold.

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Amount allocated to Unit A: $300,000  Therefore, the correct answer is c. $300,000.The value basis of allocation method allocates joint costs based on the relative fair market value of each rental unit. To use this method, we need to determine the fair market value of each unit based on their rental rates and square footage.

The value basis of allocation method allocates joint costs based on the relative fair market value of each rental unit. To use this method, we need to determine the fair market value of each unit based on their rental rates and square footage.

Unit A: 6,680 sq. ft. x $2.00/sq. ft. = $13,360/month or $160,320/year
Unit B: 13,360 sq. ft. x $1.50/sq. ft. = $20,040/month or $240,480/year

Total fair market value: $400,800/year

To allocate the joint cost to Unit A, we need to determine the percentage of the fair market value that Unit A represents:

Unit A fair market value: $160,320/year
Total fair market value: $400,800/year

Unit A percentage: $160,320/$400,800 = 0.4 or 40%

Now we can calculate the amount of joint cost allocated to Unit A:

Joint cost: $750,000
Unit A percentage: 40%

Amount allocated to Unit A: $750,000 x 0.4 = $300,000

Therefore, the correct answer is c. $300,000.

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The mode of transportation that would most likely be used to quickly haul lettuce from California to markets in Nevada is air transportation.

Air transportation is known for its speed and efficiency in delivering goods across long distances. It allows for quick delivery times, reducing the risk of spoilage and ensuring that the lettuce is fresh when it arrives at its destination.

While water transportation is also an option, it is a slower and less efficient mode of transportation, making it less ideal for time-sensitive deliveries such as perishable produce like lettuce. Therefore, air transportation is the best option for quickly hauling lettuce from California to markets in Nevada.

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1.Operating income would increase by $1,080 if Brandon increased sales by $3,000.

2.Disagree with owner; common fixed expenses are not solely related to sales, may discourage growth opportunities. Allocate based on other allocation basis.

1. If Brandon increased its sales by $3,000, the company's operating income would increase by $1,080.

To calculate this, we need to first determine the contribution margin percentage for the Brandon office, which is 40% (16,000 ÷ 40,000). We can then use this percentage to calculate the increase in contribution margin from the additional sales:

Additional sales at Brandon = $3,000

Contribution margin percentage for Brandon = 40%

Contribution margin increase = $3,000 x 40% = $1,200. This increase in contribution margin will flow directly to the company's operating income, since there are no additional traceable fixed expenses to be incurred. However, we also need to consider the impact of the common fixed expenses, which are not directly affected by changes in sales. In this case, the $1,200 increase in contribution margin will only partially offset the common fixed expenses, leaving a net increase in operating income of $1,080:

Net increase in operating income = $1,200 - $120 (Brandon's share of common fixed expenses) = $1,080

2. I disagree with the new owner's suggestion to allocate the common fixed expenses to each office in proportion to their sales, for two main reasons:

First, not all fixed expenses are related to sales. Common fixed expenses, by definition, are expenses that are incurred for the benefit of the entire company, and are not directly traceable to any specific segment. Therefore, it would not be appropriate to allocate these expenses solely based on sales, as this would result in an inaccurate representation of each segment's true profitability. Second, allocating common fixed expenses in this manner could discourage managers from pursuing profitable opportunities. If the common fixed expenses are allocated solely based on sales, then managers who are responsible for smaller segments may be less likely to pursue growth opportunities, as their share of the fixed expenses would increase. This could lead to a suboptimal allocation of resources within the company. Instead, a more appropriate approach would be to allocate the common fixed expenses based on some other allocation basis, such as the number of employees or the square footage of office space used by each segment. This would provide a more accurate reflection of each segment's true profitability, and would not discourage managers from pursuing growth opportunities.

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Assuming that the volume of the cylindrical jars remains constant, we can use the formula for the volume of a cylinder:

Volume = πr^2h

where r is the radius (half the diameter) and h is the height of the jar.

Since we want to increase the diameter without changing the volume, we can set the initial volume equal to the final volume:

πr^2h = π(1.5r)^2(0.8h)

Simplifying and canceling terms:

r^2h = 2.25r^2(0.8h)

r^2h = 1.8r^2h

Dividing both sides by r^2h:

1 = 1.8x

x = 1/1.8 = 0.555

Therefore, the height must be decreased by approximately 55.5% in order to increase the diameter by 50%.

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The basic transportation modes include Rail, Truck, Water, Pipeline, and Air.

The term "mode" refers to the method of transportation used for moving goods or people. Among the options provided, the one that is not a mode of basic transportation is Monorail. The basic transportation modes include Rail, Truck, Water, Pipeline, and Air.

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The term that is not a category of financial statement ratios among the given choices is asset, option d.  

Financial statements are documents that describe a company's operations and financial performance. Government organisations, accounting companies, etc. frequently audit financial accounts to guarantee accuracy and for tax, financing, or investment purposes.

Financial statement ratios are typically divided into three main categories: profitability, liquidity, and financial leverage. These ratios help analyze a company's financial performance and health by comparing different elements in the financial statements.

Thus, the correct option is d. asset.

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In order to be even moderately successful at managing relations, a project manager needs to be skilled at managing customer expectations and perceptions. Let's explore these two terms and how they impact project management.

Customer expectations refer to what the customer believes they will receive or achieve from the project. This can include factors such as the quality of the deliverables, the timeline for completion, the cost of the project, and the overall level of satisfaction. Managing customer expectations is critical because if the customer has unrealistic expectations, they may be disappointed with the final result and feel that the project was a failure. As a project manager, it is important to clearly communicate with the customer about what can realistically be achieved within the project's scope, budget, and timeline. This includes setting expectations at the outset of the project and providing ongoing updates throughout the project lifecycle.

CustomerCustomer perceptions refer to how the customer views the project and the project team. This can be influenced by a range of factors such as the customer's previous experiences, their personal biases, and their interactions with the project team. Managing customer perceptions is important because if the customer perceives the project or the project team negatively, it can impact their satisfaction with the project and their willingness to work with the project team in the future. As a project manager, it is important to build positive relationships with the customer and to be responsive to their needs and concerns. This includes being transparent about project progress and addressing any issues or concerns that arise.

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True. Trade barriers, such as tariffs and quotas, limit the amount of foreign competition in domestic markets, leading to decreased competition from abroad.

This can result in higher prices and profits for domestic firms. However, over time, this protection can encourage domestic firms to invest in research and development, leading to higher-quality products and services.
Trade barriers, such as tariffs and import quotas, can lead to decreased competition from abroad, as they make foreign products more expensive or limit their availability. This, in turn, can raise the prices and profits of domestic firms. Over time, these firms may invest in improving the quality of their products and services due to the reduced competitive pressure. However, it is important to note that this is not guaranteed, and the specific outcome will depend on various factors such as the industry, market dynamics, and government policies.

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An example of poor internal control is option C: one person should be responsible for handling related transactions.

This situation demonstrates a lack of segregation of duties, which is an essential principle in maintaining strong internal controls within an organization. Segregation of duties ensures that no single individual has complete control over all aspects of a process or transaction, reducing the risk of errors, fraud, or unauthorized activities.

In contrast, options A, B, and D exemplify good internal control practices. In option A, ensuring that the accountant does not have physical custody of an asset nor access to it establishes a clear separation between the accounting function and asset management. This minimizes the risk of asset misappropriation or manipulation of financial records.

In summary, a strong internal control system relies on the segregation of duties to minimize risks and protect an organization's assets and financial records. Option C represents a poor internal control practice, as it concentrates responsibility on one person, increasing the likelihood of errors or fraudulent activities. Therefore, the correct option is C.

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an example of poor internal control is select one:

a. the accountant should not have physical custody of the asset nor access to it.

b. the custodian of an asset should not maintain or have access to the accounting records.

c. one person should be responsible for handling related transactions.

d. a salesperson makes the sale, and a different person ships the goods.

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