Analyst Questions

A Proprietorship is a group that has exclusive business rights and titles. A proprietorship is a business with a single owner and not registered as a corporation, partnership or limited liability company.

As coffee can be holded in cup, similarly rice can be holded in a bowl.

The network layer concerns with the packets. It brings the packets from the source to the destination.

Let the required two numbers be a, b

From the given data,

2a + 3b = 36 .....(1)

3a + 2b = 39 .....(2)

Now, by solving 1 and 2 eqnts, we get

5a = 45

a = 9 ....(3)

Put (3) in (1), we get

2(9) + 3b = 36

=> 18 + 3b = 36

3b = 36 - 18

=> b = 18/3 = 6

Required, difference between the numbers = a + b = 9 + 6 = 15.

SHORT is the required five letter word, which becomes SHORTER when two letters 'ER' are added to it.

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

Internal control is all of the policies and procedures management uses to achieve the following goals.

• Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

• Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

• Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

• Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

• Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

Hence, Internal controls are concerned with safeguarding assets.