Deposits in transit, earned interest, and accounts receivable collections are added to the unadjusted book balance to determine the true cash balance, while NSF checks and bank service charges are subtracted.
Unadjusted cash balance per book may be found in what way?When the cash balances on the ledger account and bank statement do not agree, the unadjusted cash balance is found. The accountant confirms the transactions that are either missing from the ledger or the bank statement in order to reconcile the balances.
Unadjusted book balance: what is it?A balance in which the items merely recorded in the pass book have not yet been adjusted is known as an unadjusted cash book balance. As bank charges have previously been accounted for in the pass book but not in the cash book, leaving them out causes an unadjusted cash book balance.
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which promotion is considered discriminatory?a.happy hourb.buy two drinks get the third drink half offc.ladies' drinks are half offd.bottomless drink specials
When an employee is passed over for a promotion for an illegal cause, this is a form of workplace discrimination called promotion discrimination.
What are four instances of unjust discrimination?refusing to let some employees use public facilities because of their skin tone. rejecting a promotion for a worker because she is expecting is discrimination. Using profiling, drug testing was limited to certain personnel. reducing wages for female workers based on their gender.
What exactly is prejudice in promotion?When an employer declines to promote someone due to that person's membership in a class that is protected by both the New Jersey Law Against Discrimination and Title VII of the Civil Rights Act of 1964, that action constitutes promotion discrimination.
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revisit the costs for the khalid company below. what is the product's contribution margin ratio? group of answer choices 46.6% 58.3% 30.0% 52.3% none of the above
The product's contribution margin ratio is 50%.The option E. None of the above is correct.
About contribution margin ratioThe contribution margin ratio for the product can be calculated using the following formula:
Contribution margin ratio = (Contribution margin / Sales) x 100
Where contribution margin is calculated as:
Contribution margin = Sales - Variable Expenses Given below is the data for Khalid Company:
Sales = $150,000
Variable expenses = $75,000
Fixed expenses = $50,000
Using the above data, we can calculate the contribution margin as:
Contribution margin = Sales - Variable expenses= $150,000 - $75,000= $75,000
And the contribution margin ratio as:
Contribution margin ratio = (Contribution margin / Sales) x 100= ($75,000 / $150,000) x 100= 50%
Therefore, the product's contribution margin ratio is 50%.(Option E. None of the above)
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jack was fired by larry but decided to try to win back his job as agent by getting a big new contract. he approached sharon, a new client, and made a pitch to sell larry's product. sharon agreed to buy 100. jack tells larry. what are the legal consequences? a. jack would forfeit his commission if larry ratified the contract. b. larry has to hire jack again and then make the deal. c. larry would have to ratify the deal to get the benefit of the contract. d. larry would have to negotiate the deal with sharon himself.
The correct answer is option C - Larry would have to ratify the deal to get the benefit of the contract.
This term is frequently employed in the context of treaty negotiations or other legal agreements that must be validated by an official or legislative body, as well as contractual arrangements that must be validated by both parties.The legal consequences if Jack tells Larry about Sharon's agreement to purchase 100 products are that Larry would have to ratify the agreement to get the benefit of the contract.
The reason for this is that the agreement was made while Jack was no longer Larry's agent, and therefore he had no authority to make a deal. The other options are not correct because Larry is not obligated to re-hire Jack, nor does he have to negotiate the deal with Sharon himself. Also, the commission does not have to be forfeited.
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the leadership team of popso soda company includes a president and vice presidents of operations, marketing, human resources, and finance. popso seems to utilize which type of organizational structure? multiple choice hollow matrix horizontal
The organizational structure of Popso Soda Company seems to be a functional structure, where employees are grouped together based on their specialized functional areas, such as operations, marketing, human resources, and finance.
What is functional structure?
Functional structure is a type of organizational structure in which employees are grouped together based on their specialized functional areas, such as finance, marketing, operations, human resources, etc. Each functional area is headed by a manager or supervisor who reports to a higher-level manager.
In a functional structure, employees within each department typically have similar skills, training, and expertise, and they work on projects or tasks that are related to their functional area. For example, marketing employees may work on developing and promoting products, while finance employees may be responsible for managing the company's finances.
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teenagers have more frequent unemployment spells and spend more time searching for jobs. other thing the same, this means that teenagers have a
Yes, Teenagers have more frequent unemployment spells and spend more time searching for jobs. This is due to the fact that teenagers often lack the experience and qualifications needed for more competitive jobs.
Additionally, employers are often reluctant to hire teenagers due to lack of reliability or potential for a lack of commitment to a job.
As a result, teenagers often spend more time searching for jobs and experience longer unemployment spells than adults with more experience and qualifications.
In conclusion, other things being equal, teenagers have a higher risk of unemployment and longer spells of unemployment than adults due to lack of experience and qualifications, as well as employers' reluctance to hire them.
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Kathryn is looking for ideas on how best to grow her small business. She and her twee partners sit down to brainstorm suggestions. Which of the following rules will help ensure a positive brainstorming session? Multiple Choice O Offer criticsme of ideas right away so you don't waste time. O Don't be too focused let your mind wander O Encourage weddens O Let everyone jump into the conversation
Encouraging Wedens is the best rule to help ensure a positive brainstorming session.
Brainstorming is a process of generating ideas in a group setting. It is important to create an environment where everyone feels comfortable contributing their ideas. Encouraging Wedens can help ensure that everyone's ideas are valued and that no one is afraid to speak up.
In contrast, offering criticism of ideas right away can shut down the creative process and make people hesitant to contribute. Being too focused can also limit the flow of ideas. Allowing everyone to jump into the conversation can be chaotic and disorganized, making it difficult to keep track of ideas.
Therefore, encouraging Wedens is the best rule to help ensure a positive brainstorming session.
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which accurately describes the effect of a situation of scarcity? responses there's a shortage of oil, pushing car companies into researching alternative fuels. there's a shortage of oil, pushing car companies into researching alternative fuels. a car company produces fewer cars than consumers demand, leading to a rise in prices. a car company produces fewer cars than consumers demand, leading to a rise in prices. there's a reduction in the cost of steel, enabling a car company to reduce the sale price of its cars. there's a reduction in the cost of steel, enabling a car company to reduce the sale price of its cars. a car company has a slow-down in sales, driving it to offer a cash-back rebate.
The effect of a situation of scarcity is C. A car company produces fewer cars than consumers demand, leading to a rise in prices.
Scarcity refers to the limited availability of a resource in comparison to the unlimited wants and needs of individuals. In this scenario, the car company is unable to produce enough cars to satisfy the demand of the consumers. As a result, the demand for cars exceeds the supply, creating a situation of scarcity.
In response to this scarcity, the market forces of supply and demand come into play. When demand is high and supply is low, prices generally increase. This is because consumers are willing to pay more for a limited resource, and sellers can charge higher prices due to the increased demand. In the case of the car company, the limited production of cars results in a rise in prices, as consumers compete to purchase the scarce resource.
The other options provided do not accurately depict scarcity. Option A describes a situation where a company offers incentives to boost sales, while option B suggests that a shortage of one resource may drive research into alternative resources. Option D illustrates the effect of reduced production costs on the sale price of cars, but it does not directly relate to a situation of scarcity. Therefore the correct option is C
The Question was Incomplete, Find the full content below :
Which of the following accurately describes the effect of a situation of
scarcity?
A. A car company has a slow-down in sales, driving it
to offer a cash-back rebate.
B. There's a shortage of oil, pushing car companies
into researching alternative fuels.
C. A car company produces fewer cars than
consumers demand, leading to a rise in prices.
D. There's a reduction in the cost of steel, enabling a
car company to reduce the sale price of its cars
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How are an increased potential output and an unchanged current output represented in the aggregate demand-aggregate supply (AD-AS) model?
The aggregate demand-aggregate supply (AD-AS) model illustrates how increased potential output is represented by an outward shift of the aggregate demand (AD) curve, while an unchanged current output is represented by an unchanged AD curve.
This is due to the fact that the AD curve represents the amount of output demanded at each level of aggregate prices. As the potential output increases, so does the amount of output that is demanded, thus resulting in an outward shift of the AD curve. Aggregate demand and aggregate supply are two important concepts in macroeconomics that help to explain how the overall economy functions.
Aggregate demand (AD) refers to the total demand for goods and services in an economy at a given time. It represents the sum of all the individual demands for goods and services in the economy. AD is influenced by several factors, including consumer spending, investment spending, government spending, and net exports.
Aggregate supply (AS) refers to the total supply of goods and services in an economy at a given time. It represents the sum of all the individual supplies of goods and services in the economy. AS is influenced by several factors, including the availability of resources, technology, and the cost of production.
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in the long run, the unemployment rate equalsa.the sum of the structural and natural rate of unemployment.b.the economic rate of unemployment.c.the difference between frictional and structural unemployment.d.the natural rate of unemployment.
The correct answer is d, the natural rate of unemployment. The natural rate of unemployment is the rate of unemployment that is consistent with a stable rate of inflation and is determined by the equilibrium between workers searching for jobs and employers searching for workers. The natural rate of unemployment takes into account both frictional and structural unemployment, and it reflects the efficiency of the labor market.
Frictional unemployment is caused by the normal process of workers changing jobs and employers searching for the right workers to fill open positions. Structural unemployment, on the other hand, is caused by changes in the economy, such as technological advances, shifts in the types of jobs available, or changes in the qualifications necessary for certain types of jobs.
In the long run, the unemployment rate will equal the natural rate of unemployment, since this is the rate at which the labor market is most efficient and stable. This rate can fluctuate in the short run due to external factors, such as recessions or government policies, but it will eventually return to the natural rate over time.
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zack buys a policy and names his wife, tammy, as the beneficiary. she is insured as well. zack is the beneficiary on her policy. zack is killed immediately. tammy dies 10 days later due to complications from the accident. their son, james, is the secondary beneficiary on both policies. james has no will. q: if their son, james, is already dead, then to whom would the life insurance proceeds go?
If their son James is already dead, then the life insurance proceeds would go to the following beneficiaries: Zack buys a policy and names his wife, Tammy, as the beneficiary. She is insured as well. Zack is the beneficiary on her policy.
Zack is killed immediately. Tammy dies ten days later due to complications from the accident. Their son, James, is the secondary beneficiary on both policies. James has no will.
If James is already dead, then the life insurance proceeds will go to the contingent beneficiary, which is the person or entity named to receive the proceeds if the primary beneficiary predeceases the insured.
The life insurance policy's language determines the contingent beneficiary. If no contingent beneficiary is specified, then the proceeds will go to the insured's estate.
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korporate classics corporation (kcc) won a bid to supply widgets to pacer corporation but lost money on the deal because they underbid the project. kcc fell victim to the .
KCC fell victim to the winner's curse. The winner's curse refers to a situation in which a party wins an auction or bidding process but pays more than the true value of the item being sold.
In the case of KCC, they won the bid to supply widgets to Pacer Corporation but underbid the project, meaning they set a price that was too low and ended up losing money. The winner's curse is a common phenomenon in competitive bidding situations and can result in the winner suffering financial losses.
KCC fell victim to competitive bidding, which is when multiple companies bid for a contract or project, and the winner is typically the one with the lowest bid. In an effort to win the contract, companies may underbid and end up losing money on the project. This is a risk that companies take when participating in competitive bidding, and it highlights the importance of accurate cost estimation and pricing strategies.
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As discussed in the text, at minimum, a would‐be plaintiff who wishes to sue an anonymous online poster for defamation or invasion of privacy must _____.
As discussed in the text, at minimum, a would-be plaintiff who wishes to sue an anonymous online poster for defamation or invasion of privacy must conduct a preliminary inquiry to obtain the poster's identifying information.
A preliminary inquiry is an inquiry that determines whether there is adequate evidence to warrant a criminal trial.
A preliminary inquiry is a mini-trial that is held to decide whether or not there is sufficient evidence to warrant a trial. The inquiry is typically conducted in a lower court, and the prosecutor presents evidence against the defendant to the judge during the inquiry. The accused is allowed to cross-examine any witnesses that are called during the investigation.
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suppose there has been a long-standing price ceiling on housing in your city. recently, population has declined and demand for housing has decreased. the decrease in demand could cause the efficiency of the price ceiling to:
The decrease in demand could cause the efficiency of the price ceiling to decrease, resulting in less than optimal market outcomes.
The efficiency of the price ceiling on housing in the city would increase due to the decrease in demand. With a price ceiling in place, the price of housing cannot rise above a certain level, even when demand is high. This can result in a shortage of housing, as the quantity supplied is less than the quantity demanded.
However, when demand decreases, there is less pressure on the market to exceed the price ceiling, and there is less likelihood of a shortage of housing. As a result, the price ceiling becomes more efficient, as it can maintain affordable housing without causing a shortage.
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during the last fiscal year, abc organization implemented managerial accounting to allocate program costs to its soup kitchen. the kitchen's manager is reviewing actual results from the prior month to compare the outcomes with the organization's objectives. which function of the plan-implement-control cycle is she conducting?
The function of the plan-implement-control cycle that the kitchen's manager is conducting is the control function. The control function is the last function of the plan-implement-control cycle.
The plan-implement-control cycle is an approach that organizations use to manage their operations. It is also known as the management cycle. This cycle includes three functions that are interconnected and interdependent. These functions are planning, implementation, and control. Planning function : The planning function is the first function of the plan-implement-control cycle. Implementation function: The implementation function is the second function of the plan-implement-control cycle. In this function, the organization implements the plan developed during the planning function.
In this function, the organization monitors and evaluates the results achieved during the implementation function. The organization uses control measures to ensure that it has achieved the desired results or objectives. It helps to identify any deviations from the desired results, and the organization can take corrective action to correct the deviations.
The control function is an essential function because it helps the organization to ensure that it is on track to achieve its goals and objectives.
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while workers in the united states are more task oriented and require information to do their jobs, workers from korea are more motivated by strong relationships and developing trust to do the same job. that is because korea is a
This is because Korea is a collectivist society, where people prioritize the group and collective goals over individual goals.
The concept of collectivism versus individualism is a fundamental cultural dimension that helps explain differences between societies. In collectivist societies, such as Korea, relationships, social harmony, and the group's welfare take priority over individual goals and achievements. In this context, building trust and strong relationships are essential for effective teamwork and collaboration, and are critical for achieving goals collectively.
By contrast, in individualistic societies such as the United States, personal autonomy, independence, and individual goals and achievements are more highly valued. Workers in these societies tend to be more task-oriented and prioritize achieving individual goals through the acquisition of information and skills.
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1. how much will a $75 deposit made today be worth in 15 years if the interest is compounded annually at a rate of 5%?
The final answer are deposit of $75 made today will be worth $183.08 after 15 years at an annual compounding rate of 5%
To calculate the value of a $75 deposit made today after 15 years at an annual compounding rate of 5%,
use the formula:
A = P(1 + r/n)^(nt)
where: A is the final amount
P is the initial deposit or principal
r is the annual interest rate
n is the number of times the interest is compounded per year
t is the number of years
For this problem,
P = $75r = 5%
n = 1
t = 15 years
Plugging in the values gives us:
A = 75(1 + 0.05/1)^(1*15)A = 75(1.05)^15
A = $183.08
Therefore, the deposit of $75 made today will be worth $183.08 after 15 years at an annual compounding rate of 5%.
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when intellectual property, such as copyrights, patents, trade secrets or trademarks, is taken by others without permission, there is a tort of:
When intellectual property, such as copyrights, patents, trade secrets, or trademarks, is taken by others without permission, there is a tort of infringement.
What is Tort?Tort is the civil wrong or wrongful act or omission, apart from a contract, which causes harm or damage to others, and the injured party may seek redress in a court of law. The primary goal of tort law is to provide relief for the injured party and to prevent others from committing the same wrong.
What is InfringementInfringement is an act of violating, breaking, or infringing a law, agreement, or right. Infringement of intellectual property rights is a serious offense that can result in severe legal consequences, including an injunction prohibiting the infringer from using the intellectual property, monetary compensation for damages suffered by the rightful owner, and the seizure of goods.
Thus, if intellectual property, such as copyrights, patents, trade secrets, or trademarks, is taken by others without permission, there is a tort of infringement.
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HELP ME PLEASE !
If the price level change from p1 to p3 , what will be the change in quantity of gasoline supplied?
The equilibrium price is P1, and the equilibrium quantity is 125. When the price changes from P1 to P3, the quantity will increase from 125 to 225.
What aspects of supply and demand influence the equilibrium price and quantity?The price at which an equilibrium is attained is determined by interactions between supply and demand. Prices frequently revert to this equilibrium until specific supply or demand conditions shift. The equilibrium price will alter if supply or demand vary as a result of one, both, or neither of these reasons.
What alters in terms of the equilibrium quantity and price when supply increases?When the supply of goods and services increases while the demand for those same goods and services remains constant, prices frequently decline to a lower equilibrium price and a higher equilibrium quantity of those products and services.
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you note the following yield curve in the wall street journal. according to the unbiased expectations theory, what is the one-year forward rate for the period beginning two years from today, 3f1?
According to the Unbiased Expectations Theory, the one-year forward rate for the period beginning two years from today (3F1) is 4%.
The one-year forward rate for the period beginning two years from today (3F1) is equal to the current one-year interest rate plus the expected difference in the one-year rate at the end of the period and the current one-year rate.
By looking at the yield curve in the Wall Street Journal, we can see that the current one-year rate is 3%, while the one-year rate at the end of the period is 4%.
Therefore, the one-year forward rate for the period beginning two years from today (3F1) is 3% + (4%-3%) = 4%.
Thus, one year forward rate is 4%.
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investors predict that cargo corporation stock will trade for $36.70 in one year. the company will not pay a dividend in the next year. if you desire a return of 15.00% on cargo stock, how much are you willing to pay for a share today?
The investor is willing to pay $31.91 for a share of the cargo corporation stock today.
Investors predict that the cargo corporation stock will trade for $36.70 in one year. The company will not pay a dividend in the next year.
To find out how much the investor is willing to pay for a share today, we use the formula:P0 = D1 / (1 + r)nWhere:P0 = the price that the investor is willing to pay for a share todayD1 = the stock price predicted in one year, which is $36.70n = the number of years, which is 1r = the required return, which is 15% expressed in decimal format as 0.15Plugging in the values, we have: P0 = $36.70 / (1 + 0.15)¹P0 = $36.70 / 1.15P0 = $31.91. Therefore, the investor is willing to pay $31.91 for a share of the cargo corporation stock today.
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diana is retiring today at age 66 and expects to live to age 82. she has $136,000 in her retirement savings account. she is somewhat conservative with her money and expects to earn 6 percent during her retirement years. how much can she withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death? group of answer choices $919.46 $1,103.56 $909.92 $1,416.08 $847.78
The amount that Diana can withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death is $1,103.56. Option B is the correct answer.
To determine the amount of money that Diana can withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death, we will use the formula:
PV = [tex]\[Pmt\times \left[ \frac{\left( 1-{{\left( 1+i \right)}^{-n}} \right)}{i} \right]\][/tex]
where
PV = present value
Pmt = payment amount
i = interest rate
n = number of periods
First, we will calculate the value of PV. Here, PV is $136,000 as that is the present value of her savings.
Next, we need to determine the interest rate. Since Diana expects to earn 6% on her retirement savings during her retirement years, the interest rate will be 0.06.
Finally, we need to calculate the value of n. The number of periods will be 16 (i.e., the number of years between the time she retires at age 66 and the time she expects to die at age 82).
Substituting the values into the formula, we get:
136,000 = [tex]\[Pmt\times \left[ \frac{\left( 1-{{\left( 1+0.06 \right)}^{-16}} \right)}{0.06} \right]\][/tex]
Pmt = $1,103.56
Therefore, Diana can withdraw $1,103.56 from her retirement savings account each month if she plans to spend her last penny on the morning of her death. Option B is the correct answer.
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suppose will's year 1 food expenditures in year 3 dollars amounted to $5,670. suppose also that the real interest rate in year 3 was 3 percent. then, in year 3, a. the inflation rate was 9 percent and the nominal interest rate was 6 percent. b. the inflation rate was 8 percent and the nominal interest rate was 5 percent. c. the inflation rate was 8 percent and the nominal interest rate was 11 percent. d. the inflation rate was 9 percent and the nominal interest rate was 12 percent.
Suppose will's year 1 food expenditures in year 3 dollars amounted to $5,670. suppose also that the real interest rate in year 3 was 3 percent. then, in year 3, the inflation rate was 8 percent and the nominal interest rate was 5 percent. The correct option is B.
What is the expenditures and inflation rate?Will's food expenditures in year 3 were about $5,670. This number is in year 3 dollars, and the real interest rate in year 3 was 3%. This means that in year 3, prices had risen by 3 since year 1, so the inflation rate was 8.
The nominal interest rate is the interest rate adjusted for inflation, so the nominal interest rate in year 3 was 5, which is 3.
Therefore, the correct option is B.
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the management of data across the entire organization is most accurately defined as:group of answer choicesdata administrationdata integrationdata governancedata control
Data governance is the most accurate term for the management of data across the entire organization. Option B is correct.
Data governance is a comprehensive approach to managing and controlling data across the entire organization, from creation and storage to use and disposal. It involves defining policies and procedures for managing data, establishing roles and responsibilities, and ensuring compliance with legal and regulatory requirements. Data governance ensures that data is accurate, reliable, and consistent, and that it is accessible only to authorized users.
It also helps organizations to manage risks associated with data, such as privacy breaches and data loss, and to make more informed decisions based on reliable data. Therefore, option B is correct, as data governance provides the most accurate term for managing data across the organization.
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sarah is the leader of an organized drug-selling ring. in order to hide the profits made from her illegal business, she opens up a nail salon through which her drug money flows. this is an example of what kind of crime?
Sarah's action of using a legitimate business to conceal the profits of an illegal drug-selling ring is an example of money laundering.
Money laundering is the act of disguising the proceeds of illegal activity as legitimate funds to avoid detection and prosecution. It typically involves a series of complex financial transactions that are designed to make the funds appear as though they were obtained through legal means. In this case, Sarah is using a nail salon as a front to make her drug money look like legitimate income. Money laundering is a serious crime that is punishable by law.
Therefore, it is stated that Sarah's act is an example of money laundering, which is a form of financial crime.
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when an auditor is to conduct an audit of a service organization, what considerations should the auditor make in planning regarding internal controls of the organization?
When an auditor is conducting an audit of a service organization, they need to consider the internal controls of the organization in the planning process.
Internal controls are policies and procedures put in place to help ensure that the organization is achieving its objectives in a reliable and efficient manner.
In particular, the auditor should evaluate the design of the internal controls, the level of supervision that is in place, and the type of checks and balances used.
They should consider the segregation of duties, the use of authorization procedures, and the documentation and tracking of transactions. Furthermore, the auditor should analyze the accuracy and completeness of the accounting records.
The auditor should also consider the reliability of the internal controls in regards to safeguarding the assets of the organization. This includes assessing the security of the premises, the reliability of computer systems and the accuracy of financial reporting.
Overall, when an auditor is conducting an audit of a service organization, they need to consider the internal controls in the planning process. This involves evaluating the design of the controls, the level of supervision, and the accuracy of the accounting records.
The auditor should also analyze the security of the premises and the reliability of computer systems to safeguard the assets of the organization.
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another person or firm who legally pledges to repay some or all of the money loaned if the original borrower fails to do so is called a . warrantor cosigner guaranty codebtor
Most people are aware that if a borrower misses a loan payment, a guarantor is liable for making up the difference. There are extra risks for the guarantor.
A loan guarantor is someone who.Account for payroll. A guarantor is someone who agrees to cover another person's debt in the event that they miss a payment on a loan. Being a guarantor is not only a formality to help the borrower; the guarantee is equally responsible for repaying the loan.
What does a cosigner for a loan do?A co-signer shares full responsibility for debt repayment with the original borrower. Frequently, a family member will co-sign for a loan. If the borrower defaults, the co-signer is accountable for paying any late fees.
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to save money, taylor decided not to go to a concert where her favorite musician was performing. what was the opportunity cost of that decision?
Option d. having fun at the concert. Having fun at the concert was the opportunity cost of that decision took by Taylor.
Opportunity cost is generally defined as the next best option. Also called replacement cost, it is the loss of profit that could have been incurred if another option had been chosen. This can also be explained as a loss of utility due to change of choice.
Opportunity cost is an economic concept that arises from realistic assumptions of resource scarcity. Due to the limited amount of resources, the number of production options is also limited. The production capacity is limited, so in order to produce a certain combination of goods, you must forget to produce another combination of goods. This can be called an opportunity cost.
Opportunity cost is a concept commonly used by project promoters and economic analysts to conduct feasibility studies and make policy decisions.
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Complete question:
To save money, Taylor decided not to go to a concert where her favorite musician was performing. what was the opportunity cost of that decision?
a. having time to study
b. spending time at home
c. having extra money
d. having fun at the concert
if the government removes a $4 tax on buyers of restaurant meals and imposes the same $4 tax on sellers of restaurant meals, then the price paid by buyers will
The price paid by buyers will "not change, and the price received by sellers will not change". Thus, Option A is correct.
Shifting the tax burden from buyers to sellers will not affect the final price paid by buyers, as the $4 tax will still be added to the menu price of the meal. However, the sellers will now be responsible for paying the tax, which will reduce their profit margin by $4 per meal. Since the tax burden has shifted, but the amount of the tax remains the same, the price paid by buyers and received by sellers will remain the same.
This scenario is an example of tax incidence, which refers to how the burden of a tax is distributed between buyers and sellers. In this case, the tax incidence has shifted from the buyer to the seller, but the overall price paid and received remains the same. It's important to note that tax incidence is not always straightforward and can vary based on factors such as the elasticity of demand and supply.
This question should be provided with answer choices, which are:
a. not change, and the price received by sellers will not change.b. not change, and the price received by sellers will decrease.c. decrease, and the price received by sellers will decrease.d. decrease, and the price received by sellers will not change.Learn more about tax on buyers https://brainly.com/question/28496993
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if you have a choice between consuming either two apples or three oranges or one candy bar, the opportunity cost of the candy bar is (a) two apples. (b) three oranges. (c) two apples and three oranges. (d) two apples or three oranges, whichever you most prefer. (e) the difference in the prices of the three options.
The opportunity cost of the candy bar is two apples and three oranges. The correct option is b).
Opportunity cost refers to the value of the best alternative that is forgone when a choice is made. In this scenario, if a person chooses to consume a candy bar, they are giving up the opportunity to consume two apples and three oranges.
Therefore, the opportunity cost of the candy bar is the combined value of two apples and three oranges. The option of two apples or three oranges, whichever the person most prefers, is not relevant in determining the opportunity cost.
The difference in the prices of the options is also not relevant in determining the opportunity cost because it only represents the monetary value and not the value of the forgone alternative.
Hence, option b) is correct.
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for venture capital investors with a medium-term time horizon, how attractive is the colorado marijuana industry as an investment destination? explain your answer in detail.
The Colorado Marijuana Industry is a highly attractive investment destination for venture capital investors with a medium-term time horizon.
The Colorado Marijuana Industry is highly profitable and has been growing at a rapid pace, offering lucrative opportunities to investors. In 2020, the Colorado marijuana industry reported a record $2.2 billion in sales.- Colorado is the first state to legalize the use of Marijuana and has been a leader in the industry. This legal status of the industry and the state government's support for the industry are highly attractive for investors.
The industry is highly regulated, ensuring proper quality control and safety standards, which is good for investors as the industry is less likely to have legal or regulatory issues.
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