How does adequate accountability and control lead to effective fiscal management in an organization? Give an example

Fantastic news! We've Found the answer you've been seeking!

Question:

How does adequate accountability and control lead to effective fiscal management in an organization? Give an example of how accountability and control of a criminal justice or security agency in your state showed good or bad fiscal management.

Posted Date: May 18, 2024 05:04 AM

See More Questions

Skid more Company sold merchandise on July 1, 2007 to Joseph Company, accepting a $100,000 down payment and a 8% note payable for the balance of $400,000. The cost of the merchandise to Skid more was...
Golding Manufacturing has four new jobs that must be assigned to any of four available machines. The cost of doing each job on each machine is as follows: Formulate this as a 0-1 integer programming...
An engineer determined the ESL of a new $80,000 piece of equipment and recorded the calculations shown below. [Note that the numbers are annual worth values associated with various years of...
Susan Wang and Lelah Burch are partners in an existing business. Each partner has $60,000.00 equity in the partnership. Partners share equally in all changes in equity. On April 1 of the current...
Assume that the risk-free rate, RF, is currently 9% and that the market return, rm, is currently 13%. a. Draw the security market line (SML) on a set of nondiversifiable risk (x axis)required return...
The table below shows the amount of pocket money received by a sample of 10-year-old children. Pocket money ($) Frequency 10-19 5 20-29 7 30-39 18 40-49 26 50-59 14 60-69 10 70-79 10 80-89 6 90-99 4...
Tonys Tri-Plex Theater is a single-location, three-screen theatre located in a small town in south-eastern New Mexico. Anthony Martinez bought the theatre a year ago and hired Kevin Martinez, his...
How could you use Descartes' Rule and the Fundamental Theorem of Algebra to predict the number of complex roots to a polynomial, as well as find the number of possible positive and negative real...
A pendulum with a length of 2.0m is pulled back until it makes an angle of 35.0 to the vertical. a. What is the pendulums height above equilibrium position? b. What is the maximum speed the pendulum...
Following your finalization of the preparation of Financial Statements of ABC PLC for the financial year ended 31 December 2021, you also have a task to undertake an analysis of these financial...
The following numbers are taken from the financial statements of Sherry Company for year ended Dec. 31, 2020. Revenues Expenses Net Income Assets Total Liabilities SE Equity 15,000 Net Cash Flows...
The trial balance for a company listed the following account balances at December 31, Year 1, the end of its fiscal year: cash, $36,000; accounts receivable. $31,000; Inventory, $45,000; equipment...
XYZ coating company has reviewed four new processes for improving their coating line. The four processes, labeled A, B, C, and D use different technology and have different capacities. All the...
A certain Christmas tree ornament is a silver sphere having a diameter of 8.50 cm. Determine an object location for which the size of the reflected image is three-fourths the size of the object. Use...
A public company may not use a disclosed basis of accounting for external public financial reporting.
Canadian companies must always prepare their annual financial statements in Canadian dollars.
A company may take a big bath in a loss year if management wishes to maximize future earnings.

How does adequate accountability and control lead to effective fiscal management in an organization? Give an example

Question:

Expert Answer:

Students also viewed these general management questions