a. Does the organization have a conversion process? If so, what is its primary product? Which type
Question:
a. Does the organization have a conversion process? If so, what is its primary product? Which type of costing system does it use? If the organization does not have a conversion process, suggest a product it might use to start one. Which type of costing system would that product use?
b. Figure 14.2 shows a systems flowchart of the employee hiring process. Choose another task associated with the human resources process, such as paying employees, evaluating their performance or terminating them. Draw a systems flowchart of the task, then suggest at least three internal controls you would implement for it.
c. Do some research on your chosen company to determine: its IPO date, its current stock price, its last dividend payment date and amount, its total market capitalization. Explain how each of those items relates to the financing process.
DividendA dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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