answersLogoWhite

0

There are a vast array of areas where leakage occurs.

One improvement is to install the role of a loss prevention specialist.

The business can look at the cash flow through business process and determine where error, fraud, and theft might occur and put in place processes to reduce or eliminate.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Is saving an injection into and investment a leakage from the income expenditure stream?

Savings are a leakage from the income expenditure stream because they drain on the economy


What are the advantages of saving money in the bank?

There are numerous advantages of saving money in a bank for both the person saving the money and others. a. The money you save earns you interest income b. The money you save is lent out as loans to help out others c. The money you save can be withdrawn at any point in future to help you with your financial needs.


Does bank expense goes at income statement?

No, bank expenses do not typically go on the income statement. Bank expenses are usually recorded on the bank's own financial statements as part of their operating expenses. The income statement of a bank would typically include items such as interest income, loan loss provisions, and non-interest income.


What is the meaning of economics leakage?

In economics, a leakage is defined as something that leaves the economy (is a non-consumptive usage of income . Using the Circular Flow of Income, the common leakages in an economy are savings, taxation and imports.Savings are a leakage, because when an individual saves money, this means that this income isn't being used up as consumption, therefore is defined as a leakage. Taxation is also a leakage, because the government takes money out of the economy (away from tax-payers), meaning that people can't spend that money anymore since the government has the money now, therefore is a leakage.Imports are considered leakages, because since Australia has to pay foreign industries for the imports, money is going out of the country, and is therefore a leakage.


What is the amount of income individuals have after they save and pay their taxes?

= the amount of income individuals have after they save and pay their taxes? =


What net income did Bank of America have in 2002?

In 2002 Bank of America had a net income of $9.2 billion


When you get a loan modification do they verify income?

Yes. Any time the bank modifies a mortgage it will require income verification.Yes. Any time the bank modifies a mortgage it will require income verification.Yes. Any time the bank modifies a mortgage it will require income verification.Yes. Any time the bank modifies a mortgage it will require income verification.


What is mlr in economics?

Marginal Leakage Rate which is Change in total leakage/ change in total income or 1 - MPE MPE being Change in Aggregate expenditures/ change in income. I'm doing my homework right now, and was looking for that myself and found it. Hope that helps.


What is the journal entry for 'Received Fee Income in cash'?

[Debit] Cash / bank [Credit] Fee income


Which of these is the amount of income individuals have after they save and pay their taxes?

Disposable income


Can mileage from and to a bank to get Cd's deductible from federal income tax?

No, the mileage to and from a bank to get CD\'s are not deductible from federal income taxes.


Do bank transfers count as income?

Bank transfers themselves do not count as income. Income is typically considered money earned from sources like employment, investments, or business activities. However, if a bank transfer represents payment for work or services rendered, then it would be considered income.