The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.

Why Is My PayPal Account Limited for 180 Days?. The Paypal User Agreement -- which details the acceptable ways to use the service, including how to send and receive money, as well as the various ...

How to Estimate Income When Starting a New Business. When you are starting a new business, it is important to estimate your expected cash flows. Without an idea of how much money your business can ...

Commercial banks lend money to for-profit companies and other organizations every day. In fact, business lending makes up a large portion of a commercial bank's operations. This makes a commercial ...

Five Attitudes That Are Important in Workplaces. It may seem as if skills and experience are the most important characteristics of an employee, but attitude plays just as big of a role. After all ...

The Importance of Interaction in Workplace Issues. Employees need to interact to solve problems effectively. Avoiding disagreements just causes more friction over time. Common sources of problems ...

10 Most Important Business Objectives. Your business objectives are the results you hope to achieve and maintain as you run and grow your business. As an entrepreneur, you are concerned with every ...

The Importance of Proofreading in the Workforce. Proofreading is to business communication what buffing and polishing is to woodworking: One little blemish detracts from the entire piece, causing ...

The benefits of regression analysis are manifold: The regression method of forecasting is used for, as the name implies, forecasting and finding the causal relationship between variables. An ...

What Are Examples of Demographics?. Demographics are a common basis for market segmentation -- the process of breaking a large target customer audience down into smaller groups of people with ...

Flighting might offer other benefits for your advertising campaign, according to the book "Advertising and Integrated Brand Promotion," by Thomas C. O'Guinn and colleagues. Buying large blocks of ...

Importance of Information Systems in an Organization. To gain the maximum benefits from your company's information system, you have to exploit all its capacities. Information systems gain their ...