Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Looking at Money Cares Investment Corporation to outline problematic or risk areas in the company's financial procedures. Upon reviewing the budget, you notice that there is overspending in marketing supplies, transportation, and workshop items that include hospitality items such as food and drink for the customers. Each investment specialist is given a company credit card for the above expenses but there are no policies established for monitoring. Money Cares is a small business of 8 employees: CEO, financier, a manager, 3 investment specialists, and 2 clerical assistants.

Identify possible risks for the Money Cares Investment Corporation. In establishing an investment company, you must answer the following:

What could go wrong? What are three possible risks?

What must happen in order for the company to succeed?

What are the company's most vulnerable areas?

Identify the company's assets.

Where is the most money spent?

How should the budget activities be regulated?

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M926251

Have any Question? 


Related Questions in Basic Finance

1 may personal financial statements be prepared only for an

1. May personal financial statements be prepared only for an individual? Comment. 2. What is the basic personal financial statement? 3. Is a statement of changes in net worth required when presenting personal financial s ...

Grind co is considering replacing an existing machine the

Grind Co. is considering replacing an existing machine. The new machine is expected to reduce labor costs by $153,000 per year for 5 years. Depreciation on the new machine is $124,000 compared with $86,000 on the old mac ...

1 distinguish between the four types of relational

1. Distinguish between the four types of relational collaborative arrangements. Provide an example of each. 2. What do you believe will be the impact of the Internet on market distribution by 2010? 3. What is a shipper r ...

1 what is the traditional cash equivalency approach used to

1. What is the traditional cash equivalency approach used to determine how below-market-rate loans affect value? 2. How can the effect of below-market-rate loans on value be determined using investor criteria? 3. ARGUS. ...

1 the inflation rate is measured as the percentage change

1. The inflation rate is measured as the percentage change in a price index. a. True b. False 2. If the Fed were to unexpectedly increase the money supply, creditors would gain at the expense of debtors. a. True b. False ...

In a talk at the white house in december 2009 president

In a talk at the White House in December 2009, President Barack Obama argued: "Ultimately in this country we rise and fall together: banks and small businesses, consumers and large corporations." Why in this statement, d ...

Define each of the followinga call optionb put optionc

Define each of the following: a. Call option b. Put option c. Strike price d. Expiration date 2. How do the rights and obligations of options buyers and sellers differ from the rights and obligations of futures buyers an ...

Comprehensive problemuse what you have learned about the

Comprehensive Problem Use what you have learned about the time value of money to analyze each of the following decisions: Decision #1: Which set of Cash Flows is worth more now? Assume that your grandmother wants to give ...

The concentric joint of problem 4 is subjected to an

The concentric joint of problem 4 is subjected to an increase in temperature of 1008F. Does this increase or decrease the tension in the bolts? By how much? (Assume that the coefficient of linear expansion of the bolts i ...

Analyze print communication-find an example of print

Analyze print communication:- Find an example of print communication, for example, a flyer on campus, a newsletter, or a magazine ad. With a partner, discuss why the creator of the message may have chosen a print medium. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen