select all that apply makum company's is using variable costing. which of the items below would you see on makum income statement? multiple select question. contribution margin variable expenses net income cost of goods sold gross profit

John Reynolds should invest right now in a long-term investment such as a bond or stock, as interest rates are expected to increase over the next few years. By investing in a long-term investment, John Reynolds will be able to maximize his investments and benefit from higher interest rates in the future.

As interest rates increase, the rate of return on a  long-term investment may increase as well, providing a higher return than when the investment was made. To explain in more detail, when interest rates increase, the market value of a  long-term investment decreases. This means that the investor can buy the security at a lower price than the market value, and get a higher return when the security matures.

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The new equation for the Phillips curve is Inflation = β (Unemployment Rate – Natural Unemployment Rate), where β is the sensitivity of inflation to changes in unemployment.

Based on this new equation, when the Unemployment Rate is greater than the Natural Unemployment Rate, inflation will increase, and

when the Unemployment Rate is less than the Natural Unemployment Rate, inflation will decrease.

The effect of wage indexation on the relation between inflation (P) and unemployment (U) is that wage indexation stabilizes the Phillips curve by tying wages to inflation.

When wages are indexed to inflation, wages will tend to rise along with inflation, thus making it more difficult for firms to reduce their labor costs and thus reduce unemployment.

In conclusion, wage indexation can stabilize the Phillips curve by tying wages to inflation, and preventing firms from reducing their labor costs in order to reduce unemployment.

This means that the Phillips curve will remain relatively stable, even during periods of high inflation.

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False, if a thorough competitive analysis is done when you are starting your company, you do not need to conduct a competitive analysis on a regular basis is false statement.

Even after a thorough competitive analysis  is conducted, it is important to conduct regular competitive analyses to identify changes in the marketplace and update your company's strategy accordingly.

Even if a thorough competitive analysis is done when starting a company, it is still important to conduct regular competitive analysis to stay up-to-date on market trends, changes in customer preferences, and actions taken by competitors.

Competition in business is always evolving, and companies must adapt their strategies accordingly. Conducting regular competitive analysis helps companies to identify potential threats, opportunities, and areas for improvement.

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During the candidate selection process, human resource managers should try to predict how long a candidate will stay in the job. This statement is true.

Mortal resource operation( HRM) is the practice of recruiting, hiring, planting and managing an association's workers. HRM is frequently appertained to simply as mortal coffers( HR). A company or association's HR department is generally responsible for creating, putting into effect and overseeing programs governing workers and the relationship of the association with its workers. The term mortal coffers was first used in the early 1900s, and also more extensively in the 1960s, to describe the people who work for the association, in total.

HRM is hand operation with an emphasis on those workers as means of the business. In this environment, workers are occasionally appertained to as mortal capital. As with other business means, the thing is to make effective use of workers, reducing threat and maximizing return on investment( ROI).

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The reason that when marginal product is rising, the marginal cost of producing another unit of output is declining is because the cost of producing one more unit of output is lower than the benefit of producing that unit.

This is because, as marginal product rises, the production of each additional unit adds more value to the total output than the cost of producing it. In other words, when marginal product is rising, each additional unit of output adds more value than it costs to produce it, thus decreasing the marginal cost.

Conversely, when marginal product is falling, the cost of producing one more unit of output is higher than the benefit of producing that unit, causing the marginal cost to rise.

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The ultimate determination of the success or failure of a supply chain information system is usually based on its effectiveness in providing the desired results.

A successful supply chain information system should enable an organization to effectively manage the flow of goods, materials, and services from suppliers to customers in a cost-efficient manner. It should also be able to provide timely, accurate, and up-to-date information on all aspects of the supply chain, including suppliers, production, delivery, inventory, and customer service.

In addition, a successful supply chain information system should be able to reduce supply chain costs by providing real-time access to information, enabling faster and more accurate decision-making, and optimizing inventory and production operations. Furthermore, it should be able to provide the necessary data analysis to support cost-effective strategic planning.

In summary, the ultimate determination of the success or failure of a supply chain information system is based on its ability to effectively provide the desired results while reducing costs, increasing efficiency, and providing accurate, timely, and up-to-date information.

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The changing environment for businesses affects the ability to communicate in several ways. In the present time, communication is one of the key components of the growth and development of a business.

Therefore, if there is any kind of change that takes place in the environment of the business, then it would affect the communication abilities of the business. The different ways in which the changing environment affects the ability to communicate are:

1. Technology: In today's world, technological advancement is taking place at a very rapid pace. This affects the way in which communication takes place. For instance, earlier people used to communicate through post, which has now been replaced by emails.

2. Cultural differences: Cultural differences can also have a major impact on communication. With businesses expanding globally, one must consider cultural differences while communicating. For instance, different countries have different languages, and hence businesses must be able to communicate effectively in the local language.

3. Increased competition: With the increase in competition, businesses are now using a variety of ways to communicate their messages. This makes it difficult for businesses to communicate effectively. Therefore, businesses must come up with new and innovative ways to communicate their messages to their customers.

4. Change in communication trends: Communication trends keep changing with time. For instance, earlier people used to use telephones to communicate. But now, people are using social media platforms to communicate. Businesses must keep up with these trends to ensure that they are communicating effectively with their customers.

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Complete question is :-

how does the changing environment for businesss affect 's ability ro communicate?

The natural rate of unemployment (NRU) occurs when elimination tool is  frictional unemployment is no more than 2%. (option d).

Frictional unemployment, which refers to the temporary unemployment that occurs as workers search for new jobs or enter the workforce, is a natural part of the labor market and is generally not included in the NRU calculation.

However, it is important to keep frictional unemployment at a reasonable level, typically around 2%, to ensure that workers can move between jobs and that employers can find the workers they need.

In summary, the NRU is the level of unemployment that exists when the labor market is in equilibrium, and there is no cyclical unemployment. It is determined by various factors and is typically measured by the number of job seekers being equal to the number of job vacancies.

So, the correct option is (d).

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If you bought a 13-week T-bill at a discount and held it to maturity for tax purposes, the difference between the purchase price and the maturity value would be equal to the interest earned on the T-bill.

To calculate this difference, you can use the following formula:

Interest earned = Face value - Purchase price

The face value of a 13-week T-bill is $10,000. If you bought it at a discount of 2%, the purchase price would be:

$10,000 x 0.98 = $9,800

At maturity, you would receive the face value of $10,000. Therefore, the difference between the purchase price and the maturity value would be:

$10,000 - $9,800 = $200

So, the interest earned on this 13-week T-bill would be $200.

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When preparing segmented income statements, one common error that businesses make is to arbitrarily assign common fixed costs to segments.

Affects how profitable segments are. could affect the company's overall profits. imposes responsibility on managers for expenses they cannot control.

It is essential to understand that the detectable fixed expenses of one fragment might be a typical fixed cost of another portion. For instance, the landing fee paid to land an airplane at an airport can be traced back to the specific flight, but it cannot be traced back to passengers in first, business, or economy class.

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When a company's new product is not a new technology and it is an extension of a current product line, the Early Majority adopters will be interested in it.

Product adoption is the process of customers accepting a new product or service. It refers to a new product or service's acceptance, and the customers who use it first are known as adopters. According to the concept of product adoption, there are five categories of adopters: Innovators, Early Adopters, Early Majority, Late Majority, and Laggards. Innovators - The first category of product adopters is innovators. They are always looking for new and innovative products or technologies to enhance their lifestyle.

Early adopters - The second category of product adopters is early adopters. They are the ones who are always on the lookout for new and innovative products or technologies to enhance their lifestyle. Early Majority - The third category of product adopters is the early majority. They make up the majority of consumers who purchase new products or technologies. Late Majority - The fourth category of product adopters is the late majority. They are hesitant to buy new products or technologies and are only interested in doing so after many others have done so. Laggards - The fifth and final category of product adopters are the laggards. They are the last to accept new products or technologies, and they are not interested in them until it is absolutely necessary. So, when a company's new product is not a new technology and it is an extension of a current product line, the Early Majority adopters will be interested in it.

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The approximate number of years it will take for Country A's real GDP to double with a growth rate of 14 percent per year is 5 years, so the correct answer is C.

The rule of 70 states that to find the approximate number of years it takes for a variable to double, divide 70 by the annual growth rate. Therefore, in this case, 70 divided by 14 equals 5 years. So, it will take approximately 5 years for Country A's real GDP to double with a growth rate of 14 percent per year.

The rule of 70 is a commonly used formula to estimate the doubling time of any variable that grows at a constant rate. It is based on the mathematical relationship between exponential growth and the natural logarithm. While it provides only an approximation, it is a useful tool for understanding the impact of growth rates on various economic and financial indicators.

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When Panchali realizes that she is not getting enough customers because there are several other similar seamstresses in the area, the threat her business is facing is narrow market niche.

A narrow market niche refers to a small market segment that is not well-served. It is also referred to as a niche market, which is a focused and targetable part of a larger market in which consumers have specific needs, desires, or preferences.

Niche markets are becoming increasingly popular, with consumers increasingly turning to more personalized, unique products, and services. They are more likely to be served by small businesses with a narrow focus because larger companies tend to focus on broader markets.

In conclusion, Panchali's business faces the threat of a narrow market niche.

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If Raul is buying a house that is part of an Home owner association (HOA) and his lender wants to verify that there are no liens from the HOA on the property, the lender would most likely request a Statement of Account from the HOA.

A statement of account is a document provided by the HOA. It summarizes an individual homeowner's account balance, including the balance of the general account and the balance of the reserve account. It may also include other debts or liens against the property, such as a delinquent HOA fee. A Statement of Account request should be submitted in writing to the HOA's management firm or board. Here are the ways to make a request for a Statement of Account from the HOA:

1. Online: Many HOAs provide a website where residents can manage their accounts and request various services, including statements of accounts.

2. E-mail: Emailing the management company or the HOA board.

3. In-Person: Visit the HOA office, submit the written request to the staff member, and pay any applicable fees.

4. Mail: Mailing the written request to the management company or HOA board. It is essential to have a return address so that the HOA can send the statement of account to the homeowner.

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The investing in a portfolio of two assets with a correlation coefficient of 0 will reduce unsystematic risk.

Unsystematic risk is the risk associated with individual assets and is dependent upon the volatility of the asset.

By investing in two assets with a correlation coefficient of 0, the portfolio will reduce risk because the assets are not correlated and therefore are not likely to fluctuate together. If one asset experiences a decrease in value, the other will remain unaffected.

This strategy of investing in two assets with a correlation coefficient of 0 is known as diversification. By diversifying your investments, you are able to decrease the risk that is associated with investing in a single asset.

When diversifying a portfolio, it is important to understand the correlation coefficient of the two assets, as a correlation coefficient of 0 indicates that the two assets are not correlated and will provide a diversified portfolio with a decreased amount of risk.

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The maximum amount you should be willing to pay for the real estate property is $311,837.45. This is determined by using the present value of an annuity formula.

The present value of an annuity formula is PV = C x ((1-(1+r)^-n)/r). The present value (PV) represents the maximum amount you should be willing to pay for the property today. C represents the cash flow of $6,623 per month. r is the required return of 9.74%, and n is the number of months, or 6 years. Therefore, PV = $6,623 x ((1-(1+9.74%)^-72)/9.74%) = $311,837.45.

The amount you are willing to pay for the property should not exceed this amount as it is the present value of the future cash flows. In other words, it is the maximum amount you should be willing to pay for the property today. The present value of the future cash flows is lower than the expected sale price of $402,220 in 6 years due to the effects of time and discounting.

To calculate the internal rate of return (IRR) of the property, use the equation IRR = C/PV. C is the cash flow of $6,623 per month and PV is the amount you are willing to pay of $311,837.45. The IRR of the property is therefore 9.74%, which is equal to the required return. This confirms that the amount you are willing to pay is an appropriate price.

In summary, the maximum amount you should be willing to pay for the real estate property is $311,837.45, as determined by the present value of an annuity formula. This is the present value of the future cash flows, discounted to their present-day equivalent. The internal rate of return of the property is 9.74%, which is equal to the required return.

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Social regulation and economic regulation are interchangeable terms is not  a true statement.

The terms social regulation and economic regulation are different from one another. Economic regulation is the management of business activity by the government to ensure the efficient use of resources, provide consumer protection, and prevent businesses from acquiring too much power and competing unfairly. It concentrates on the production of goods and services, competition, and pricing.

For example, economic regulation ensures that rates charged by a public utility are reasonable, that airlines do not merge with each other, and that banks do not engage in deceptive practices.Social regulation, on the other hand, controls the production of goods and services with a goal of achieving social objectives, like protecting health, the environment, and worker safety.

The primary goal of social regulation is to protect society by promoting the general welfare of the population, reducing health and safety risks, and ensuring that businesses conduct themselves in a socially responsible manner. For instance, regulations restricting pollution by companies, limiting the number of hours worked in a day or week, and mandating food and drug safety.

The other two statements are true, as follows:SOCIAL REGULATION affects the conditions under which goods and services are produced and the physical characteristics of the products manufactured. It ensures that businesses operate in a socially responsible manner by protecting public health, the environment, and workers' safety. It also promotes the common good by controlling business practices that might have a detrimental effect on society's welfare.

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A purely competitive firm can determine the level of output at which it will realize maximum profit or minimum losses in two ways: marginal revenue and marginal cost. Marginal revenue is the increase in total revenue from selling one additional unit of a good or service.

Marginal cost is the increase in total cost from producing one additional unit of a good or service.

The maximum profit or minimum losses is reached when marginal revenue equals marginal cost. To find this point, the firm must analyze its marginal revenue and marginal cost curves and identify where the two curves intersect. This intersection point is the level of output where the firm will make maximum profit or incur the least losses.

The marginal revenue curve is downward sloping due to the law of diminishing marginal returns, while the marginal cost curve is upward sloping as the cost of producing one more unit of a good increases.

Thus, the intersection point of the two curves represents the most efficient point of production for the firm, as any additional output would result in a decline in profits due to lower marginal revenues and/or higher marginal costs.

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The single most important factor that predicts the person with whom you will become friends or have a romantic relationship is "your similarity to others." The correct option is C.

"Your similarity to others" is the single most crucial indicator of who you will end up becoming friends or romantically involved with. others are drawn to and create relationships with others who are similar to them in terms of attitudes, values, interests, and backgrounds, according to social psychology research that has been conducted repeatedly.

This similarity increases the possibility of developing friendships or romantic relationships because it can lead to a sense of familiarity, shared experiences, and compatibility. While other elements like contact, physical beauty, and financial security can affect relationship dynamics, it has been discovered that the importance of similarity is particularly important in predicting relationship initiation.

Thus, the ideal selection is option C.

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To help minimize bad debt expense and provide feedback, a good internal control system will require to evaluate the creditworthiness of its customers and should have a robust accounting system to monitor receivables.

The company should evaluate the creditworthiness of its customers before extending credit or services to them, to minimize bad debt expense. The company can obtain a copy of the customer's financial statements or hire an external credit rating agency to review the customer's creditworthiness.

The company should have a robust accounting system to monitor receivables, identify delinquent accounts, and develop a plan for collecting overdue payments. The system should provide frequent reports to management on receivables aging, collection activity, and bad debt expense.

The company should have a credit policy in place that outlines the terms and conditions of credit sales, including payment terms, credit limits, and penalties for late payment or non-payment. Customers should be informed of the credit policy and should agree to it before any credit is extended.

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Each employee must submit his or her performance goals by the end of the week.

The missing word to complete the given statement is "his or her". Each employee must submit his or her performance goals by the end of the week. In the given sentence, the subject is "employee" which is a singular noun, and the pronoun "his or her" is used as a singular gender-neutral pronoun that refers to a person. The other pronoun, for example "they" cannot be used as it is a plural pronoun and refers to more than one person.

Similarly, the pronoun (for example) "my" is incorrect as it shows possession, which is not required in this sentence. The correct pronoun in this sentence should be "his or her" as it is a singular gender-neutral pronoun. A pronoun is a word that replaces a noun in a sentence. It helps in avoiding repetition and making the sentence more clear and concise.

It is important to use the correct pronoun in a sentence as it can change the meaning of the sentence. In case of gender-neutral subjects, pronouns such as "they", "their" and "them" can be used.

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The reductions in the cost of a single unit that result from large scale output of that product are called economies of scale. Economies of scale occur when the cost per unit of output decreases as the volume of output increases.

There are several reasons why economies of scale occur. First, as the volume of output increases, fixed costs such as factory rent, equipment depreciation, and administrative expenses are spread over a larger number of units, resulting in a lower fixed cost per unit.

Second, larger volumes of output often allow for more efficient use of labor, as workers become more specialized and production processes become more streamlined. Third, larger volumes of output can lead to discounts on raw materials and other inputs due to bulk purchasing.

Economies of scale can benefit companies in several ways. First, they can lead to lower costs, which can increase profitability and help companies remain competitive in the market. Second, economies of scale can allow companies to price their products more competitively, which can increase market share and revenue.

Finally, economies of scale can help companies improve their production processes, which can lead to higher quality products and improved customer satisfaction.

However, it is important to note that there are limits to the benefits of economies of scale. At a certain point, further increases in output may result in diminishing returns, as the costs of additional resources, such as labor and materials, begin to outweigh the benefits of additional production.

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The creation of monopoly is the action that will most likely be deemed to be against procompetitive legislation.

Many individual, cultural, and opportunity factors have an impact on how ethically compliant a corporation is. Personal traits include knowledge level, moral principles and beliefs, and aspirations. Social influences include cultural norms, the values and conduct of employees and close friends, and others.

The behaviour of the boss, corporate culture, and code of ethics are all elements that influence how ethically conscious an organization's employees are.

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The current equilibrium price of natural gas per mmbtu is $5. If the government decides the price per mmbtu of natural gas cannot rise above $4, then there would be an excess demand for natural gas.

Equilibrium is a state of balance between supply and demand. When a commodity is at equilibrium, the quantity supplied equals the quantity demanded at a specific price. An equilibrium price is the price that results in the quantity demanded being equal to the quantity supplied.

The current equilibrium price of natural gas per mmbtu is $5. If the government decides the price per mmbtu of natural gas cannot rise above $4, then there would be an excess demand for natural gas. This is because the quantity of natural gas demanded would exceed the quantity supplied at the price ceiling of $4. Therefore, the government's decision would create a shortage of natural gas.

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The focusing step that is being identified from the theory of constraints is C. Identify.

The identify step involves identifying the constraint or bottleneck in the system, which is the factor that limits the system's overall performance. Once the constraint has been identified, the subsequent steps of the TOC process can be used to optimize the system and improve its overall performance.

The statement "Increase the output of the bottleneck. Remove any non-value adding work or interruptions to the bottleneck" therefore describes the first focusing step of the Theory of Constraints (TOC), which is to identify the constraint or bottleneck in the system.

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For an actual economy, total expenditures on goods and services by households do not equal GDP because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period.

It is the sum of private consumption, government spending, investments, and net exports.GDP measures the country's economic output, while total expenditures on goods and services by households measures the total spending of households on consumer goods and services. There are two ways to measure GDP, and both of them focus on the production of goods and services, not the spending of households.Firstly, GDP can be measured by adding up all the value of the goods and services produced in a country during a specific period. This is the output approach to measuring GDP. It involves measuring the market value of all goods and services produced within a country's borders during a specific period.

Secondly, GDP can be measured by adding up all the income earned by people and companies in a country during a specific period. This is the income approach to measuring GDP. It involves measuring the total income earned by households and companies in a country during a specific period.The expenditures approach, which focuses on the spending of households on goods and services, is not used to measure GDP. The reason is that it does not capture all the goods and services produced in a country during a specific period.

For instance, if a country produces goods and services that are not consumed by households, such as government services or investments, they will not be included in the expenditures approach to measuring GDP.In conclusion, total expenditures on goods and services by households do not equal GDP in an actual economy because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period, and not the spending of households on consumer goods and services.

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In 2006, Brazil began incentivizing farmers to grow soybeans on previously cleared land after a moratorium on the purchase of soybeans grown on newly deforested land.

The moratorium was put in place in response to concerns about the environmental impact of deforestation in the Amazon rainforest, and it was supported by major soybean buyers who pledged cash flow not to purchase soybeans grown on newly deforested land. By incentivizing farmers to grow on already cleared land, Brazil aimed to encourage sustainable agriculture practices and reduce the pressure to clear more land for agriculture. A moratorium is a temporary suspension or halt of an activity, often as a result of a formal agreement or government order. It is commonly used in situations where further action could potentially be harmful or have negative consequences.

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The idea of the invisible hand, which is a fundamental concept in free market capitalism, was developed by: Economist Adam Smith in his book, The Wealth of Nations.

The idea behind the invisible hand is that when everyone is acting in their own self-interest, the market will be driven by the actions of its participants to produce the greatest good for all. This means that when people are motivated to produce, the market will become more efficient and ultimately benefit society as a whole.

According to Smith, in a free market economy, individuals acting in their own self-interest would ultimately lead to the well-being of society as a whole. In other words, the invisible hand refers to the way in which the pursuit of individual self-interest can unintentionally benefit society as a whole.

This competition will ultimately benefit consumers, as they will have access to a wider range of products at more affordable prices. Additionally, as businesses grow and become more successful, they will need to hire more workers and invest in new technologies, which will create new jobs and further stimulate the economy.

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Complete question:

The idea of the invisible hand, which is a fundamental concept in free market capitalism, was developed ?

Reviewing the client's inventory control procedures and performing a physical inventory count on the last day of the current fiscal year is a valid response and may be an appropriate audit procedure to address the risk of inventory misappropriation. Option A is correct.

By reviewing the client's control procedures over the safeguarding of inventory and performing a physical inventory count on the last day of the current year, the audit team can help ensure that the inventory balance is properly stated and that the risk of misappropriation is minimized. However, the appropriateness of this procedure will depend on the specific risks and circumstances of the client, and other audit procedures may also be necessary to provide sufficient audit evidence.

Performing a physical inventory count on the last day of the current year is a standard audit procedure that can help ensure that the inventory balance is properly stated and that the risk of misappropriation is minimized. This procedure involves physically counting and evaluating the inventory on the last day of the year, which helps the audit team to verify the completeness and accuracy of the inventory balance.

Incorporating the use of substantive analytical procedures can also be an effective way to detect any potential misstatements in the inventory balance. This involves comparing inventory levels to historical trends, industry benchmarks, or other relevant data to identify any anomalies or inconsistencies. Such a comparison can provide additional evidence to support the audit opinion and help detect any potential misstatements in the inventory balance.  Option A is correct.

The complete question is

An audit team has concluded that inventory is highly susceptible to misappropriation and that a potential misstatement would be material to the financial statements. How should the audit team address the audit procedures to the increased risk?

A. Review the client's control procedures over the safeguarding of inventory, and perform a physical inventory count on the last day of the current year.

B. Review the client's control procedures over the safeguarding of inventory, incorporate the use of substantive analytical procedures, and develop an expectation.

C. Review the client's control procedures over the safeguarding of inventory, but do not modify substantive procedures over inventory.

D. Review the client's control procedures over the safeguarding of inventory, and perform physical inventory counts throughout the current year. SHOW CORRECT ANSWER

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The buyer's goal is to obtain a marketable title from the seller. Part of this effort is to ask the seller to provide a warranty deed.

A warranty deed is a legal document that transfers property ownership rights. It assures the buyer that the title is free and clear of any encumbrances, such as liens or mortgages, and that the seller has the right to sell the property.

A warranty deed contains the name of the current owner, the buyer's name, the legal description of the property, and the price paid for the property.

The seller also provides the buyer with a guarantee that the title is free of any claims, so if any legal issues arise, the seller will take care of them. This is the seller's assurance to the buyer that the title is legitimate and that they can transfer it to the buyer without any problems.

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