Determine which of the following statements best describes the control principle as it relates to an accounting information system. Multiple choice question. The principle prescribes that management should verify all transactions before they are entered into the accounting system. The principle prescribes that an accounting information system have internal controls. The principle describes the U. S. GAAP rules of double entry accounting within an accounting system. The principle outlines the rules regarding when revenue should be recognized within an accounting system.

Answers

Answer 1

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

The statement which best describes the control principle as it relates to an accounting information system is that, the principle prescribes that an accounting information system have internal controls.

Answer 2

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

Because it is the "Correct Answer"


Related Questions

Select all that apply Determine which of the following statements are correct descriptions of a subsidiary ledger. (Check all that apply.) Multiple select question. The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger. It is a supporting ledger that contains detailed information about a general ledger account. The account which the subsidiary ledger supports in the general ledger is called a control account. Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable. A subsidiary ledger is a general ledger account that appears in the chart of accounts. The balance in the subsidiary ledger will rarely equal the balance in the supported account in the general ledger.

Answers

Answer:

- The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger.

- The account which the subsidiary ledger supports in the general ledger is called a control account.

- It is a supporting ledger that contains detailed information about a general ledger account.

- Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable.

Explanation:

A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.

It gives a breakdown of the single amount that reflects in a general ledger account.

For example if the accounts payable account has a balance of $50,000, the subsidiary ledger will show the individual transactions that make up the $50,000.

Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.

Career Question Below

Answers

Answer:

I think A. sorry if I'm wrong

Which form of market segmentation is Coca Cola using when they look at the values, attitudes, and lifestyle of their target market?

Question 11 options:

Geographic


Behavioral


Demographic


Psychographic

Answers

Answer:

D- phychographic

Explanation:

In psychographic segmentation, Coca Cola buyers are divided into different groups

lol is this a test you are taking? :)

Answer:

D- phychographic

Explanation:

Hope you have a great day

A consulting company won a $20.8 million three-year contract. The contract requires software development, hosting, and maintenance over three years. The total estimated cost of the project is $17 million, with $10 million expected in Year 1, $5 million in Year 2, and $2 million in Year 3. The billing schedule shows that $5 million will be billed upon start of the work, and then $5 million at each year end. At the end of the first year, the actual cost incurred is $9 million, and total estimated costs are unchanged at $17 million. Using the percentage-of-completion method, how much revenue should be recognized at the end of the first year

Answers

Answer:17%

Explanation: I just want points

How do intermediaries benefit companies?

Answers

Intermediaries often provide valuable benefits: They make it easier for buyers to find what they need, they help set standards, and they enable comparison shopping—efficiency improvements that keep markets working smoothly. But they can also capture a disproportionate share of the value a company creates.

one dozen pencil cost 10 if rhe oencil were sold at 1.50 each ehat percentage profit was made on the pencil​

Answers

Answer:

huh? im confused i almost had a stroke reading this-

Explanation:

How does email marketing help companies nurture customers?

Answers

Answer:Email helps with a lot of things , emails can help companies keep track of things such as documentary , reciepts,checks and more.

Explanation:

How much would you sell a paper airplane for? Why? How much of that is profit?

Answers

Answer:

$100009

Explanation:

if it's homemade, sell it for that much.

if this is an actual question, I'm so sorry.

Answer:

maybe one dollar each, I can make a paper airplane w mail paper, so I won't waste money on actual paper, but I dont think my answer is good so choose the other ones

hey can y'all help me out some my birthday is April 7th and I get to oder things off Amazon and I'm a person who likes to do nails so do y'all know a case on Amazon where I can put all my nails stuff​

Answers

I just bought shelves and I use it to store all my nail supplies

Yes, there are many nail cases available on Amazon where you can store all your nail supplies like Frenessa Acrylic Nail Polish Organizer and Hiker Large Capacity Cosmetic Case.

What is amazon?

Amazon is a multinational technology company based in Seattle, Washington, United States. It was founded in 1994 by Jeff Bezos as an online marketplace for books and later expanded to sell a wide variety of products, including electronics, clothing, toys, and household items.

Amazon is now one of the largest online retailers in the world, with operations in over 100 countries and an extensive network of warehouses, delivery centers, and data centers.

These are just a few options to consider, but there are many other nail cases available on Amazon to fit your specific needs and preferences.

Learn more about amazon here:

https://brainly.com/question/28209824

#SPJ7

how do ordinary people get involved in a democratic country​

Answers

Answer:

Citizens vote for their government officials and these officials represent the concerns and ideas of the citizens in government. For example, your Governor is elected by the voters in your state. ... Voting in an election and contacting our elected officials are two ways that Americans can participate in our democracy.

Answer:

same as his/her answer

Explanation:

sorry I just need a free point hsjsnsnsannananansnsbnsnsjssjsjkakaksksks

Kasey Corp. has a bond outstanding with a coupon rate of 5.86 percent and semiannual payments. The bond has a yield to maturity of 4.3 percent, a par value of $2,000, and matures in 24 years. What is the quoted price of the bond

Answers

Answer:

Market price = $2,464.21

Explanation:

coupon rate = 5.86% / 2 = 2.93%

YTM = 4.3% / 2 = 2.15%

face value = $2,000

periods to maturity = 24 x 2 = 48

Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42

Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79

Market price = $2,464.21

Answer:123.21

Explanation:

What is Seth Godin’s overall message to companies?

Answers

Answer:

Don't put all your money into marketing. Focus on those people who are passionate about your product and figure out what people want and focus on them.

(coursehero.com)

what important technology has done the most

Answers

The answer is Wireless networks

Which of the following is NOT a characteristic of population?
O The people in the group being investigated
O The group from which the sample comes
O The people who are actually measured
O The general population of a segment such as students, voters, etc.

Answers

Answer:

The people who are actually measured

Explanation:

A population is the whole group you want to study while a sample is the group chosen to partake in the study or experiment.

For example you want to carry out a study on the spending habits of millennials in the world. It is impossible to contact all the millennials in the world. The reasonable step would be to choose a sample of the people that would be representative of all the millennials in the world.

Here the population are millennials. while the representative population chosen to represent millennials are the sample

DeBeers is an example of a government monopoly. True or False?

Answers

Answer:

I believe this is false.

Explain one benefit to a business of using crowd funding as a source of finance

Answers

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

Which of these is a critical interaction in the hotel industry?
A.
a breakfast order through room service
B.
a first glimpse of the hotel
C.
a swim at the hotel pool
D.
a visit to the hotel boutique

Answers

Answer: B
hope this helps :)

60 points please help
Review Questions

1. What is logistics?

2. What is hospitality? What is one career in hospitality?

3. What are three locations or sites that people in hospitality or tourism careers work?

4. If you were an innkeeper, what would do for work?

5. What is mobile equipment maintenance?


Critical Thinking Questions

1. Imagine you want to become a chef and restaurant owner. What education and skills would you need?

2. Think about a city bus system. What goes into getting buses where they need to be on time to get people where they need to be?

3. Imagine that you run an amusement park. You have to hire people to work in your park. What skills or characteristics would you look for? Why?

4. Why are transportation jobs important?

5. If you were putting together a bus route in your town, what would you need to think about to make it run well?

Answers

Answer:

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.

Emmanuel would like to start a business with a popular fast food company. He agrees to pay a fee and royalties. This is an example of which type of business?

A. Franchise
B. S corporation
C. Nonprofit corporation
D. C corporation

Answers

A franchise, option A.

Answer:

yeah A

Explanation:

What effects does scarcity of economic resources have on choices?

Answers

When economic resources are scarce, there’s going to be few choices to choose from.

Which statements describe a Treble Clef correctly? Pick Two
Treble Clef is your right hand.
Treble Clef is your left hand.
Treble Clef sounds higher.
Treble Clef sounds lower.

Answers

Answer: c and a

Explanation:

2. Carla has 15 items on her "to do " list when she arrives at work today. By noon she has completed 3/5 of the items. How many has she completed?
A. 3
B. 5
C. 9
D. 12



Answers

C would be the correct answer. Because you can divide 15 by 5 and then multiply 3 by 3.

What is a target market?

Question 9 options:

company’s share of the total market


A business-to-business market


A group of people who have enough money to buy a product


A group with specific characteristic who are most likely to become customers

Answers

Answer:

If am not mistaken it should be D- A group with specific characteristic who are most likely to become customers

Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.

Answers

Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.

Explanation:

hope this helps.

The roommate should not be correct.

What is insurance?

Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.

learn more about insurance here: https://brainly.com/question/24332840

Why might some investors become careless about their portfolios ?

Answers

Investors hold diversified portfolios in order to reduce risk, that is, to lower the variance of the portfolio, which is considered a measure of risk of the portfolio.

I made a website but I need help
can you help me https://manage.wix.com/dashboard/dfc0d810-392a-4bd4-afe2-bc2a5618e9ca/home?referralInfo=my-sites

Answers

Answer:

that depens am i going to regreat it or not?

Explanation:

True or​ False: Ignoring any​ "Other" operating income or operating​ expenses, EBIT can be found by subtracting SGA and Depreciation from the gross profit. True

Answers

Answer:

True

Explanation:

As we know that

Earning before interest & taxes (EBIT) = Gross Profit - SGA (Selling, General and Administrative Expense) - Depreciation Expense

So the given statement is true

Hence, the same would be considered and relevant too

2. Happy Selling Company's salaries to sales agents amounted to Php 10,000. Salaries of accountants
amounted to Php 20,000. No other expenses were incurred. How much is the company's general and
administrative expense?
Answer:

Answers

Answer:

Please one time

Mark brainliest

Please dmdmncncjncnxnxncn

Celebrities can appeal to ethos when they promote products that

A. are related to their field.

B. people want to buy.

C. might help people.

D. are not well known.

Answers

Answer:

B.people want to buy ..............

Explain the word taxation.​

Answers

Taxation is the practice of a government collecting money from its citizens to pay for public services, taxation is practice of collecting taxes (money) from citizens based on their earnings and property
Other Questions
Which change is an environmental change that occurs rapidly?forest successiondecompositionvolcanic eruptiontree growth Does anyone know how to do this? Which form of market segmentation is Coca Cola using when they look at the values, attitudes, and lifestyle of their target market?Question 11 options:GeographicBehavioralDemographicPsychographic Howdy! I am here with a handful of geometry questions today. Please answer the question based off the image(s) below. If you are not sure of the answer please leave a comment, DO NOT ANSWER THE QUESTION UNLESS YOU KNOW THE ANSWER. Please don't take me points! Thanks for understanding. Anyways, please show all of your work and explain your thinking! Thanks! Who was John Marshall and what was his significance? 4. Which expression is equivalent to - (6x + 9) - (x - 2)?A. 5x - 3B. - 2x + 7.5C. -4x - 3D. -4x - 6 solve 5sin^2x-1=0 ok Ethan was asked to paint the number of plateson 100 apartments which means he will have topaint numbers 1 through 100. How many timeswill he have to paint the number 8? If you dont help me, my family and I will go hungry this year. Lencho had faith in God but he didnt manage to solve the problem by himself. Did he lack the courage to resolve his matter himself? What values did he lack? Explain. In your own words, explain Joes last line from the Zora and Me excerpt: Giving dont got a thing to do with going bankrupt, Joe Clarke answered. Holding back does. What does this say about Joes character? Factor 70q+60. Write your answer as a product with a whole number greater than 1. To which sense does this example of imagery appeal? Sight Hearing Touch Taste SmellThe autumn leaves are a blanket on the ground. 1. Although Europe is the second smallest continent, nearly _______of the world's people live there. laura counted 14 red cars in the sales lots of car dealerships. what is the prime factorization of 14A 2x7B 1x14 C 2x2x5 D 2x2x2help, please P < 4.75 represents the prices p in dollars that Paige is willing to pay for popcorn. The inequality p < 8.00 represents the prices p in dollars that Paige is willing to pay for a movie ticket. At how many theaters would Paige be willing to buy a ticket and popcorn? please i need help asappp pleaseee It was a long time ago that I was born, but I know all toowell the conditions of poverty that surround the lives oftoday's children. We had no running water and no oven.Today's children living in poverty often have these things,but they lack the kind of opportunities their more affluentpeers have. It is a long climb out of poverty, and there areno easy solutions. But by supporting this bill, you can helpmake history by ensuring that no child goes to bed hungry.Which statement best explains why the final sentence is effective?A. It draws a personal connection to establish the speaker'scredibility.B. It asks the audience to play a role in solving a problem.C. It acknowledges how complex the problem is.toimith hacific details Riverside Oil Company in eastern Kentucky produces regular and supreme gasoline. Each barrel of regular sells for $21 and must have an octane rating of at least 90. Each barrel of supreme sells for $25 and must have an octane rating of at least 97. Each of these types of gasoline are manufactured by mixing different quantities of the following three inputs:Input Cost per Barrel Octane Rating Barrels Available in (1000s)1 $17.25 100 1502 $15.75 87 3503 $17.75 110 300Riverside has orders for 300,000 barrels of regular and 450,000 barrels of supreme. How should the company allocate the available inputs to the production of regular and supreme gasoline to maximize profits?a. Formulate and LP model for this problem.b. What is the optimal solution? Question 3 of 10Which sentence uses a homophone correctly?A. I hope I will have enough money buy next month.B. I bought the phone buy saving my own money.C. I am going to save money from my job to buy it for myself.O D. My parents won't by me the phone I want.SUBMIT SOMEONE PLEASE HELP ME ASAP ILL GIVE BRAINLIEST