Answer:
a. Compare the details of cash receipts with journal entries.
b. Prepare a bank transfer schedule.
c. Confirm the terms of borrowing with the lenders agreement.
d. Send request to confirm the entity's account receivable balance.
e. Inspect payroll data of employees and cross check with the transaction recorded.
f. Obtain cut off bank statement to reconcile the transaction.
g. Examine the selected repair order and physically examine the equipment whether repair work is don or not.
h. Examine the supporting documents for the invoice such as purchase order, goods received note and Purchase requisitions.
i. Inspect the payroll endorsements for similar handwriting.
Explanation:
Audit is mandatory for all the companies. The verified financial statements are considered as reliable because they are rechecked by the auditors and if any error or fraud is found it is immediately corrected and rectified. Audit is a critical process which involves objectivity and integrity of a person. The auditors must be independent and they should not have any familiarity with the business employees or owners.
If you are buying bulk products in a health food store, you can expect to pay based on
A. the package that it comes in.
B. the size of the scoop or ladle in the bin.
C. the weight of the amount that you select.
D. the comparable cost at a neighborhood grocery store.
The demand for this type of good rises when income falls and falls when
income rises.
O substitutes
o inferior
O normal
O complements
Answer:
o inferior
Explanation:
The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises
So this represent that the good is an inferior good
Hence, the second option is correct
Two reasons why excellent customer service is important to every business
Focus groups should be comprised of how many people? Three to five people Six to eight people Eight to 12 people 10 to 12 people
Answer:
3-5 people
Explanation:
It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.
hope it helps! :3
Which of the following best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s? The supply of higher education is highly price elastic, and demand has increased substantially. The demand for higher education is highly price inelastic, and the supply has decreased substantially. The demand for higher education is highly price elastic, and the supply has decreased substantially. The supply of higher education is highly price inelastic, and demand has increased substantially.
Answer: The supply of higher education is highly price inelastic and demand has increased substantially.
Explanation:
The option that best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s is that the supply of higher education is highly price inelastic and demand has increased substantially.
Price inelastic means that a change in price has little effect on the demand for education and since there has been an increase in the demand for education, the suppliers will increase the price which led to the increase in equilibrium price.
explain which types of apartments would best suit to friends to plan to become roommates
Answer:
depends
Explanation:
it Depends upon what ur friends like try Planing it while sitting down with each other and talk it out
milk should ______ (keep) in a fridge.
1. Product A, a bottle of liquid breath fresheners, and Product B, chewable breath fresheners. Study the
two products, their plus and minus factors in terms of attracting customer interest
. Which company will
have competitive advantage, the manufacturer of Product A or Product B? Explain your answer.
Answer:
Manufacturer A will have a competitive advantage. (Reasons are stated below)
Explanation:
Product A: Liquid breath fresheners are more advantageous compared to chewable breath fresheners because they
1. Cause less distraction: Unlike chewable gums that project an unserious or unprofessional image, especially, in official settings, liquid breath fresheners can be used without drawing much attention. Many customers who work or school will thus prefer this option.
2. They can be used and will go into effect within a short time frame: Unlike gums that can be chewed for some time before there is a noticeable effect, liquid breath fresheners can be used quickly with instant effects.
For these stated reasons, customers will prefer Product A and they will thus have a competitive advantage over Product B.
Product is the management term that implies the goods and services that are manufactured using the raw materials and are produced as the final goods and services for the consumption of the customers to satisfy or fulfill their needs.
Manufacturer A will have an edge over competitors.
Product A: Compared to chewable breath fresheners, liquid breath fresheners offer more benefits.
1. Distract less: Unlike chewy gums, which present an unprofessional or unintellectual image, liquid breath fresheners can be used without attracting much attention, especially in official settings. As a result, many consumers who work or go to school will prefer this alternative.
2. They can be used right away and have an immediate impact: Unlike gums, which must be chewed for a long moment before showing any influence, liquefied mouth deodorant sticks may be used right away and have a direct influence.
Customers will prefer Product A for the reasons stated, which gives the company a competitive advantage over Product B.
To know more about the product and its manufacturing, refer to the link below:
https://brainly.com/question/14016003
Which best describes a tsunami?
large powerful wave caused by an earthquake
when the waves hit the shore at an angle and transport sand
alternating rise and fall of the ocean
an irregular climate event caused by ocean currents in the Pacific Ocean
Answer:
A. a large powerful wave caused by an earthquake
Explanation:
A tsunami is a series of extremely long waves caused by a large and sudden displacement of the ocean, usually the result of an earthquake below or near the ocean floor. This force creates waves that radiate outward in all directions away from their source, sometimes crossing entire ocean basins.
A tsunami is best described as a large powerful wave caused by an earthquake.
What is a tsunami?Tsunamis are usually caused by earthquakes or volcanic eruptions. A tsunami is when there is a powerful wave that orgingates from a water body It causes displacement of a large body of water.
Effects of a tsunami includes:
floods wave impact on structures erosionTo learn more about tsunamis, please check: https://brainly.com/question/19570571
Identifying specific marketing activities, determining the time required to complete each activity, and organizing marketing activities into the proper sequence are examples of the steps involved in creating a(n):
Answer:
e. implementation timetable
Explanation:
This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .
It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.
Milton Industries expects free cash flows of $ 12 million each year. Milton's corporate tax rate is 35 %, and its unlevered cost of capital is 11 %. Milton also has outstanding debt of $ 47.76 million, and it expects to maintain this level of debt permanently. a. What is the value of Milton Industries without leverage? b. What is the value of Milton Industries with leverage? a. What is the value of Milton Industries without leverage? The value of Milton Industries without leverage is $ nothing million. (Round to two decimal places.)
Answer:
a. What is the value of Milton Industries without leverage?
= Expected free cash flows/Unlevered cost of capital
= $12,000,000 / 11%
= 109090909.0909091
= $10.91 million
b. What is the value of Milton Industries with leverage?
= Unlevered cash flows + Corporate tax rate*Outstanding debt
= $109,090,909 + 35%*$47,760,000
= $109,090,909 + $16,716,000
= 125806909
= $12.58 million
finish the lyrics...
im cold as ice, i paid the price i dont care, __________________
(dont answer if you dont know lol)
Answer:
there's most of me
Explanation:
song - cold of ice or search up the remaining lyrics..
Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $250,000?
Answer:
THE INSURER
Explanation:
how much money does a therapyst make an hour/ and how much would they make in a year
Answer:
Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.
Which change will cause the gravitational force between a baseball and a soccer ball to increase?
removing the outer layer of the baseball
moving the balls farther apart
wrapping the soccer ball in layers of duct tape
using a baseball with a thinner leather
Answer:
its "wrapping the ball in layers of duck tape" or just c
Explanation:
Please Help!!!! My 5th time posting this please actually help me!
In the workplace, new devices and technologies are transforming the way we exchange information and conduct business. List and concisely describe at least six electronic communication channels used most commonly by businesspeople today.
Answer: My answer is in the photo below. Hope it helps.
Match the level of unemployment with the condition of the overall economy. Unemployment equals the natural rate. Cyclical unemployment equals zero. Unemployment is below the natural rate. Unemployment is above the natural rate. Actual GDP is below potential GDP. Actual GDP is equal to potential GDP. Actual GDP is above potential GDP.
Answer:
Note: The organized question is attached as picture
1. Actual GDP is below potential GDP
Level of unemployment: Unemployment is above the natural rate
2. Actual GDP is equal to potential GDP
Level of unemployment: Unemployment equals the natural rate
3. Actual GDP is above potential GDP
Level of unemployment: Unemployment is below the natural rate
Which of the following is needed to effectively collaborate?
O Alarge group of people
O A positive attitude
O An interesting project
O A dominant leader
Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $250,000?
Question 6 options:
1. the policyholder
2. the insurer
3. the person with power of attorney
4. the rider
Answer:
THE INSURER :D
Explanation:
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
What should customer service representatives use to achieve a win-win outcome between customers and their employer?
both hard and soft skills
sales strategies
persuasion
goals and objectives
Answer:
i think it is the 3rd one I'm not sure but I need help on one of mine and it would be really good if you can help me I will appreciateit
-1 1. Which of the following budget terms mean the same thing?
a) surplus and deficit
c) surplus and break-even
b) break-even and balanced d) deficit and balanced
Answer:
b
Explanation:
none just trust me..............
True or False: Stores should train employees on how to spot shoplifters.
a.true
b.false
Answer:
a
Explanation:
need the text
Answer:
True because there are so many people shoplifting now and no one can tell who is shoplifting.
If you tell your bank within 2 days of learning about fraudulent charges you are responsible for a maximum of _____. If you tell your bank within 2 days of learning about fraudulent charges you are responsible for a maximum of _____. drop zone empty. Waiting for more than 2 days but less than 60 days to inform your bank of fraudulent charges you are responsible for a maximum of _____. Waiting for more than 2 days but less than 60 days to inform your bank of fraudulent charges you are responsible for a maximum of _____. drop zone empty. After you tell your financial institution about the fraudulent charges it has _____ business day/days to investigate. After you tell your financial institution about the fraudulent charges it has _____ business day/days to investigate. drop zone empty. If the investigation determines the transaction was indeed fraudulent, your financial institution must replace the funds within ____ business day/days.
Answer:
1. $50
2. $500
3. 10 days.
4. 1 day.
Explanation:
The Federal Reserve (Fed) and Central banks (lender of last resort) are readily accessible and available to give monetary funds to depository institutions when they're running out of money and as well as regulate their activities.
1. If you tell your bank within 2 days of learning about fraudulent charges you are responsible for a maximum of $50.
2. Waiting for more than 2 days but less than 60 days to inform your bank of fraudulent charges you are responsible for a maximum of $500.
3. After you tell your financial institution about the fraudulent charges it has 10 business days to investigate.
4. If the investigation determines the transaction was indeed fraudulent, your financial institution must replace the funds within 1 business day.
It is only necessary to underline vocabulary words identified in a test question. Please select the best answer from the choices provided T F?
Answer:
The answer you are looking for is false
Explanation:
Got it right edge 2021
Answer:
False
Explanation:
Edge 2021
What is institutional advertising focused on promoting?
A. A company
B. The Internet
C. A service
D. A good
Please select the best answer from the choices provided
Answer:
Product advertising focuses on promoting specific individual products while institutional advertising focuses on your overall brand
Answer:
A. A company
Explanation:
Right on EDGE 2021
The Koryu dynasty’s leaders believed that their politics should be guided by the principles of
Shintoism.
Buddhism.
Confucianism.
Taoism.what is commodity
Answer:
is confucianism
Explanation:
please don't hate me if it's wrong
Oscar Cinema Studios rewards its retiring officers with miniature gold statuettes if the officers complete at least 10 years of service. Each statuette costs Oscar $400 and is worth $600. Rank-and-file employees receive plastic replicas of the studio’s back lot when they retire and have completed 30 years of devoted service. These plastic replicas cost $50 a piece and are each worth $70. In the current year, Oscar gave two retiring officers each a miniature statuette during a meaningful presentation. How much can Oscar deduct for these gifts?
Answer: $800
Explanation:
In this scenario in the question, we should note that there's is no discrimination which favors the officers.
The deduction for the gifts by Oscar will then be $400 for every recipient and the cost spent on each statuette by the company.
Therefore, the amount that Oscar can deduct for these gifts will be:
= $400 + $400
= $800
When the price of spicy sauce was $10dollar sign, 10, people bought 100 jars. When the price increased to $12dollar sign, 12, people only bought 40 jars. What is the price elasticity of demand for spicy sauce?
Answer:
Price elasticity of demand = 0.33%
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
[tex] Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} [/tex]
Given the following data;
Old price = $10
New price = $12
Old quantity demanded = 100
New quantity demanded = 40
To find the price elasticity of demand, we would determine the percentage change in price and demand.
[tex] Percentage \; change \; in \; price = \frac {12 - 10}{10} * 100 [/tex]
[tex] Percentage \; change \; in \; price = \frac {2}{10} * 100 [/tex]
[tex] Percentage \; change \; in \; price = \frac {200}{10} [/tex]
Percentage change in price = 20%
[tex] Percentage \; change \; in \; demand = \frac {100 - 40}{100} * 100 [/tex]
[tex] Percentage \; change \; in \; demand = \frac {60}{100} * 100 [/tex]
[tex] Percentage \; change \; in \; demand = \frac {6000}{100} [/tex]
Percentage change in demand = 60%
Now, we can find the price elasticity of demand;
Substituting into the equation, we have;
[tex] Price \; elasticity \; of \; demand = \frac {20}{60} [/tex]
Price elasticity of demand = 0.33%
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2