Determining any potential financial statement impacts of disputed or misleading items that were first deemed unimportant is the primary purpose served by this schedule.
The auditors typically create a schedule of unadjusted discrepancies they did not initially recommend an adjustment for during the course of the audit of financial statements with the intention of offering an opinion thereon.
A Pro-forma like that presented in Annex C. 1 could be used for this purpose. An audit schedule is used to keep track of which areas of the organization should be audited and when. The first column needs to list the audited regions, and the second one needs to list how frequently the audits will take place.
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A company has a list of expected revenues and payments for the upcoming year in chronological order. The problem is that at some moments in time the sum of previous payments can be larger than the total previous revenue, which would put the company in debt. To avoid this problem the company takes a very simple approach: it reschedules some expenses to the end of the year. You are given an array of integers, where positive numbers represent revenues and negative numbers represent expenses, all in chronological order. In one move you can relocate any expense (negative number) to the end of the array
Revenue Payment is defined as an amount in cash that is equal to I the number of customers of the Business on the Closing Date calculated using the Revenue Statement multiplied by (i the Business's average annual revenue per customer for the System, excluding Revenues from the sale or leasing.
What expected revenues and payments upcoming year?Both offer a critical perspective on your company. Revenue is the income obtained from business operations, whereas profit is the net income after expenses are subtracted from earnings.
Therefore, Although both revenue and profit are positive indicators for your company, they are not the same thing.
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a tool that managers use to estimate expenditures for major assets, such as facilities expansion, new product development, and mergers and acquisitions is called a(n) .
A tool that managers use to estimate expenditures for major assets, such as facilities expansion, new product development, and mergers and acquisitions is called a capital budget. The correct option is B.
What is capital budget?Capital budgeting in corporate finance refers to the planning process used to determine whether an organization's long-term capital investments, such as new machinery, machinery replacement, new plants, and so on, are viable.
Capital budgeting is the process by which a company evaluates potential large projects or investments.
Capital budgeting is required before a project is approved or rejected, such as the construction of a new plant or a large investment in an outside venture.
Thus, the correct option is B.
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Your question seems incomplete, the missing options are:
a) cash budget
b) capital budget
c) equity budget
d) revenue forecast
what is the square root of 378
a company with 91,000 authorized shares of $8 par common stock issued 37,000 shares at $15. subsequently, the company declared a 2% stock dividend on a date when the market price was $31 per share. what is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
The amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend is $223,200. This is calculated by taking the market price of the stock ($31 per share) multiplied by the number of authorized shares (91,000) multiplied by the stock dividend (2%) which equals $223,200.
The stock dividend is beneficial for shareholders because the increase in number of shares allows them to receive a higher portion of the company's profits. This increase in paid-in capital will led to help the company for raising more funds in the future, as it will appear that the company is worth more and it will become little easy to attract investors. The stock dividend also help in retaining current shareholders, as they will be given additional shares which is profitable to them after selling.
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what other costs of ownership do you need to factor in when thinking about your vehicle costs?
The costs of ownership need to factor in when thinking about your vehicle costs is the purchase price, registration fee, sales tax, among other things. Insurance, regular maintenance, fuel, the cost of the driver, and depreciation are just a few examples of ongoing expenses.
Emergency charges include things like towing fees and repair costs. When determining the true cost of vehicle ownership, all these expenses should be taken into consideration.
'What is total Ownership Cost?'
The acquisition price of an asset plus the operating expenses make up the total cost of ownership (TCO). Analyzing the total cost of ownership entails having a comprehensive view of the product and its future value.
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What is the net present value of the following cash flow streams at an interest rate of 8. 25%: at year 0: $0; year 1: $75; year 2: $225; year 3: $0; and year 4: $300.
The net present value of the cash flow streams is $479.7743.
What is net present value?The net present value encompasses several cash flows that happen at different points in time (NPV). A cash flow's present value is determined by how long it will take for it to be expected. Another factor is the discount rate. NPV is used to account for the temporal value of money. It gives a tool for comparing and evaluating capital projects or financial products with cash flows that are distributed over time, such as loans, investments, insurance contract payouts, and many more uses. The worth of cash flows fluctuates over time, according to the time value of money theory. The value of the current predicted future cash flows is decreased based on the chosen rate of return. NPV is calculated by weighing the benefits and expenses of each stage of an investment.
The computation of net present value is
= cash flow ÷ (1+interest rate) ^number of years
= $75 ÷ (1.0825) + $225 ÷ (1.0825) ^2 + $300 ÷ (1.0825) ^4
= $479.7743
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Which of the following best describes a central bank's ability to control money in circulation?
a. temporary control
b. limited to no control
c. control is shared between the central bank and the federal government
d. significant control
e. complete control
Control is limited to none best describes a central bank's ability to keep money in circulation under control.
The central bank can influence the level of money supply in the economy, but it has little or no control over market participants such as households because some people prefer to keep their money in their homes. Hence, option b) is correct.
Central banks implement monetary policy by adjusting the supply of money, typically through open market operations.
For example, a central bank may reduce the amount of money by selling government bonds under a "sale and repurchase" agreement and receiving funds from commercial banks.
Another factor is that the central bank has no control over how much money creditors lend.
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following a round of free trade talks, domestic prices fell in this economy. what is the new domestic price?
A domestic price level represents the current price for a specific good or service in an economy. Government agencies or national economists tend to look at various price levels in order to assess rising or falling prices, called inflation and deflation in economic terms, respectively.
A government or government agency, sometimes an appointed commission, is a permanent or semi-permanent body within a government agency responsible for the oversight and control of specific functions, such as: B. Administrators are responsible. We have an amazing variety of agencies.
A government agency is a permanent or semi-permanent entity within a national or state government. These institutions are responsible for overseeing or managing a particular sector, field, or area of study.
Federal agencies are special government agencies established for specific purposes, such as: B. Management of resources, financial oversight of industry, or national security issues. These organizations are usually created by legislative action, but may initially be created by presidential order.
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the market value of all final goods and services produced within a nation in a given time period is called
The market value of all final goods and services produced within a nation in a given time period is called GDP.
The GDP estimates the monetary value of the consumable goods and services produced in a country over a certain time period (say a quarter or a year). It takes into account every product made entirely within a country's borders.
The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders over a specific time period (GDP). Because it is a broad indication of total domestic production, it provides a comprehensive evaluation of the state of the economy in a particular country.
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business provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace. a. exploration b. indexing c. differentiation d. intelligence
Business intelligence provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace. So option d. is correct.
Business Intelligence represents the technical infrastructure that collects, stores, and analyzes company data. BI parses data and produces reports and information that help managers to make better decisions. Software companies produce BI solutions for companies that wish to make better use of their data. BI tools and software come in a wide variety of forms such as spreadsheets, reporting/query software, data visualization software, data mining tools, and online analytical processing (OLAP).
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he ability of a party to cancel an agreement is called . a. restitution b. rescission c. economic duress d. undue influence
He ability of a party to cancel an agreement is called rescission.
In contract law, rescission is an equitable remedy which allows a contractual party to cancel the contract. Parties may rescind if they are the victims of a vitiating factor, such as misrepresentation, mistake, duress, or undue influence. Rescission is the unwinding of a transaction.
This is done to bring the parties, as far as possible, back to the position in which they were before they entered into a contract. Rescission is when a contract is rendered null and void, and so is no longer recognized as legally binding. The courts can free non-liable parties from their agreed obligations and, when possible, will effectively seek to restore them to the position they were in before the contract was signed.
Rescission is the voiding of a contract by a court that does not recognize it as legally binding. Courts can free non-liable parties from their obligations in a contract. Rescission can occur when there is a material error in the contract, evidence of fraud, a lack of legal or mental capacity, or other applicable circumstances. Many states offer rescission on various business-to-consumer (B2C) contracts.
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stark company's most recent balance sheet reported total assets of $1,860,000, total liabilities of $820,000, and total equity of $1,040,000. its debt-to-equity ratio is: multiple choice
The most recent balance sheet for Stark Company showed total assets of $1,860,000, total liabilities of $820,000, and total equity of $1,040,000. It has a 0.78 debt-to-equity ratio.
What is debt to equity ratio?The debt-to-equity ratio, also known as the D/E ratio, is a measurement of a company's ability to pay down its debt. It is computed by dividing the entire debt by the total shareholders' equity of a corporation.
The debt to equity ratio is calculated as:-
Debt-to-equity ratio = Debt/Equity
Total liabilities=debt=$820,000
Total equity=$1,040,000
∴ Debt-to-equity ratio = $820,000/$1,040,000
=0.78
Therefore, 0.78 is the debt to equity ratio of Stark company.
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suppose that fortune 8 casino is one of ten casinos in the town of luckyville, and every casino is earning substantial economic profits. what is likely to happen in the long run?
As fortune 8 casino is one of ten casinos in the town of Luckyville, and every casino is earning substantial economic profits, New casinos will enter the market but economic profits will be eliminated.
Economic profit can only be obtained when there is less competition for a particular business in the market.
When the competition increases, no economic profit can be generated as the profit margin is keptt less due to increased competition.
In the long run new casinos are most likely to enter the market. As a result of this, the competition will increase in the market. The increased competition will cause the economic profit to get eliminated.
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imagine you work for a company that manufactures snowboards in china and sells them in europe. what is the most efficient way to ship those snowboards from china to europe?
A company that fabricates snowboards in China & sells them in Europe, utilizing the most efficient method of shipping those snowboards from Europe to China. By ship, which is loaded into containers.
What are snowboards used for?A snowboard is a device used by athletes to slide down snowy mountains. The board is attached to the player's feet with special bindings and the athlete snowboards down a ski lift or other ice slope.
What is shipping technology in supply chain?Shipping in supply chain, perhaps the original sharing economy, is a self-organizing ecosystem 'SOE'. Marine ecosystems are capital-forming processes. We generate capital by moving products from farm to table through a series of episodic tight couplings such as ships with bunks.
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Math
Can you thech me about being a businessman and now it’s not even that bad I am going to
Determine whether customers will actually purchase your goods or services before investing any money. The most significant action you take might be this.
Who is Businessman?This can be accomplished by confirming your market. In other words, besides your family and friends, who else will purchase your goods or services.
Be willing to say who you are and what you do with conviction and without apology. Embrace and use the most effective online tools available to broadcast your news.
Free industry research is available, which you can find. For more information, read articles in the industry that use computer science data . However, the most crucial method.
Therefore, Determine whether customers will actually purchase your goods or services before investing any money. The most significant action you take might be this.
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a buyer is purchasing a $1.5 million property in a city that imposes a transfer tax of $12 per $1,000, in addition to the county transfer tax of 55 cents per $500. what is the total transfer tax this property is subject to?
The total transfer tax that the property would be subjected to will be equal to $19650.
Transfer tax are applied by government on certain goods that are to be transferred from one place to another. The tax acts as revenue for the government. Any individual transferring any property has to pay this tax to the government. We have the total amount of the tax equal to
Total amount = $1500000
Now, for $1000 the price is $12 so, we divide the amount $1500000 by $1000 that is
Tax per $12 = ($1500000/$1000)×$12 = $18000
Now, for $500 the price is 55 cents or $0.55 so, we divide the amount $1500000 by $500 that is
Tax per 55 cents = ($1500000/$500)×$0.55 = $1650
The total transfer tax will be = Tax per $12 + Tax per 55 cents
Total transfer tax = $18000 + $1650 = $19650
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a movement made up of citizens and government entities whose focus is on protecting consumers and promoting their interests is called
a movement made up of citizens and government entities whose focus is on protecting consumers and promoting their interests is called The consumer movement.
The consumer movement is an initiative to advance consumer protection through a planned social movement that is frequently headed by consumer organizations. It promotes the consumer's rights. "Consumer movement" and "consumerism" are not interchangeable concepts. Consumer organizations still use the term "consumerism" in the traditional sense to refer to activities that advance consumer protection. These activities can include legislators who pass consumer protection laws, regulators who enforce these laws, educators who teach consumer policy, product testers who assess how well products adhere to standards, cooperative organizations that provide goods and services with consideration for the needs of consumers, as well as the consumer movement itself.
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which of the following have derived demand? choose one or more: a.a cup of coffee b.a coffee maker c.a barista
A barista have derived demand so the correct option of the given question is option C.
Demand in economics refers to the quantity of a good that consumers are prepared and able to purchase at various prices during a particular time.
The link between price and quantity demand is sometimes referred to as the demand curve. A product's demand is influenced by a number of variables, such as perceived need, price, perceived quality, convenience, substitutes provided, customer preferences, and available funds.
The underlying connection between supply and demand is determined by the potential price of a good and the quantities that would be purchased at those levels.
Since the relationship is frequently negative, a rise in price will usually cause a decrease in the quantity demanded. This negative link is physically represented by the consumer demand curve's descending slope.
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rachel, as a facilitator, sets norms and test limits to facilitate a team's self-management in its team meetings. rachel's behavior is
Rachel, as a facilitator, sets norms and tests limits to facilitate a team's self-management in its team meetings. Rachel's behavior is maintenance-related.
In order to establish and preserve social cohesiveness and meet the interpersonal requirements of group members, maintenance roles and the behaviors that go along with them are necessary.
All of these character traits demand mature and effective interpersonal abilities. The social-emotional leader, supporter, tension releaser, harmonizer, and interpreter are some of the maintenance roles we will talk about in this section.
All of the self-centered roles' activities draw attention away from the task at hand to the group member who is acting out. All of these roles strive to distract attention, but they each do so in a unique way and for a unique cause.
We'll talk about the major antagonist, monopolizer, self-confessor, insecure compliment seeker, and joker as examples of self-centered roles (Cragan & Wright, 1991).
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when a tax is levied on a good, the buyers and sellers of the good share the burden,
when a tax is levied on a good, the buyers and sellers of the good share the burden regardless of how the tax is levied.
The distribution of tax burdens between consumers and producers is referred to as the incidence of tax in economics. According to general economic theory, regardless of whether a tax is levied on producers or consumers, the tax burden is shared by both.
A tax's incidence, or burden, is typically borne by both consumers and producers of the taxed good. However, if we want to predict which group will bear the majority of the burden, we only need to look at demand and supply elasticity.
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Trendy wear for teens is choosing to set up its new production facility in indonesia in order to take advantage of low labor costs. additionally, the indonesian government will offer the company tax incentives if it locates its facility in indonesia. by pursuing such a strategy, trendy wear for teens hopes to realize: ___________a. diminishing returns. b. universal needs. c. location economies. d. demographic advantages
If Trendy wear sets up new production facility for low labor costs and tax incentives then it is hoping for realization of diminishing returns. Diminishing returns sets in by increasing the investment by the producers.
The correct answer is option a. Diminishing returns.
According to the economic theory known as the law of diminishing returns, as investment in a certain area rises, the rate of profit from that investment can no longer rise given that the other factors remain constant after a certain level. An illustration would be a factory that increased its output while also raising CO2 emissions for the same increase in input. A fundamental idea in both micro and macroeconomics, the rule of diminishing returns is also a key concept in production theory.
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how many liters of motor oil does the u.s. import given that the us government has imposed a tariff on the import of motor oil?
Knowing the fact that the government has set a levy on the import of gasoline, the US imports 273 Million Barrels of motor oil.
The structure of the US government.The U.S. Constitution grants Congress, the Head of state, and the Higher courts, respectively, the authority to act as the legislative, executive, and appellate departments of the federal government.
The U.S. has what kind of government, and why?The Constitution establishes a system of government that is a federal democratic republic. In all other respects, we are an unbreakable union of 50 separate States. In a democracy, the populace controls the government. Because voters select representatives in a free and secret election, it is representational.
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the federal trade commission administers the law prohibiting unfair methods of competition. group of answer choices false true
The Commission enforces consumer protection and antitrust laws. prohibits,among others,“unfair methods of competition”.Unfair methods are prohibited by the Federal Trade Commission Act (FTC Act) (15 USC 45).
''Unfair or deceptive acts or practices in commerce or that affect it.The ban applies to all persons engaged in commerce,including banks.This Act prohibits unfair methods of competition in interstate commerce,but does not carry criminal penalties.It also created the Federal Trade Commission to police violations of the Act.UNFAIR BUSINESS PRACTICE means a trade practice or business practice that,for the purpose of promoting the sale, use,or furnishing of any good or for the provision of any service,adopts any unfair method or unfair or deceptive practice. Unfair business practices can be classified as Misrepresentation.
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what is the type of account and normal balance of allowance for doubtful accounts? a.asset; debit b.asset; credit c.contra asset; credit d.contra asset; debit
Option (c) is correct i.e. contra asset: credit, is the type of account and normal balance of allowance for doubtful accounts.
An allowance is a sum of money that is granted or allotted, typically on a regular basis for a particular purpose. In the case of children, parents may provide their kids pocket money (British English: an allowance) for errands and other personal expenses. An allowance in the construction sector is a sum of money assigned to a particular task as part of a larger contract. Usually, the individual giving the allowance tries to regulate when or how money is spent by the receiver so that it serves their purposes. For instance, a parent's allowance may be either unconditional or conditional and intended to educate the child money management in exchange for completing tasks or achieving a goal. The person providing the allowance typically specifies the use and may implement controls to ensure that the funds are only used for that use. When working away from home, firm personnel may receive a per diem or stipend to cover their expenses for food and transport. They may also be given special non-cash tokens or vouchers, such as a meal voucher, that may only be used for that reason.
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henson electronics corp. decided to lower its export price in order to force the domestic producers in the importing nations out of business. once these competitors are gone, henson electronics plans to raise its prices. what is this an example of?
When Henson electronics decides to raise its prices once the competitors are gone, then it can be stated as an example of predatory dumping.
The practice of predatory dumping can be referred to or considered as a process of lowering the product prices in order to offer better value and kill the competitors in the market. By practicing predatory dumping, the customers can get access to larger market share, and then gradually increase their prices after they have a dominance over the competitors in the market.
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during the 2007-2009 recession, which components of aggregate expenditures were significant contributors to the downturn?
invested money that was budgeted. The Great Crisis' Effect on Each of the Individual Aggregate Demand Components The 2007–2009 recession was a post–1950 occurrence, like most of the other ten.
Which of the following is related to the 2007–2009 recession?Investment spending had a sharp fall, which was the cause of the recessionary expenditure gap that accompanied the recession of 2007–2009. The federal government cut taxes and boosted expenditure in an effort to halt the 2007–2009 U.S. recession.
What three factors contributed to the 2007–2009 recession?Officially lasting from December 2007 to June 2009, the Great Recession was one of the worst economic downturns in US history. The economic crisis was brought on by the housing market collapse, which was fueled by cheap interest rates, easy access to credit, weak regulation, and hazardous subprime mortgages.
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FILL IN THE BLANK. target's donation of 5% of its annual income to community support is an example of ________.
Target's donation of 5% of its annual revenue to support the community is an example of corporate social responsibility (CSR). CSR is a concept that encourages businesses to actively engage in a positive contribution to society.
This includes a commitment to ethical practices, respect for human rights in the workplace and a commitment to environmental sustainability. By donating a portion of its annual income, Target demonstrates a commitment to its local community and provides support to those in need. This type of philanthropic behavior is increasingly common among corporations as they seek to improve their reputation and build public trust. By engaging in such initiatives, Target demonstrates its commitment to making a lasting positive difference in the world.
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the fiduciary duty that remains even after the termination of the agency relationship is a) confidentiality. b) accounting. c) obedience. d) loyalty.
Even when the agency connection has ended, secrecy is still a fiduciary obligation.
With the conclusion of an agency partnership, what authority is terminated?When an agency ends, only the agent's formal authority ends; his implicit authority remains in effect. An agent's apparent power expires upon the death of the principal.
What exactly are the duties of a fiduciary?Fiduciary Obligation a trust-based legal partnership that calls on truthfulness and good will. duty of a fiduciary to an adjuster. -uphold the principal's financial interests, which are typically those of the insurer; -be truthful in all representations of the principal. A fiduciary is a person who has agreed to act in another's best interest or on their behalf in a specific situation under conditions that establish a relationship of confidence and trust.
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callie withdraws 600 from her bank account, which the bank had already loaned out to customers. if the reserve requirement is 15%, by how many dollars must her bank reduce its lending
Her bank's lending must be reduced by $510 if the reserve is 15%.
What is the lending meaning?When someone permits another individual to borrow something, this is known as lending (sometimes known as "financing"). The lender lends the borrower money, real estate, or another asset with the understanding that now the student will either repay the asset or pay back the lender.
What does financing lend?The procedure is known as lending or accepting a loan when a lender extends funds to a person or business with a specific guarantee of based on the assumption that the borrower would repay the borrowed funds with particular extra perks, like an interest rate.
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when an auditor increases the planned assessed level of control risk because certain control activities were determined to be ineffective, the auditor would most likely increase the:
When an auditor increase the assessed level of control risk because certain control activities were determined to be ineffective, the auditor would most likely increase the extent of substantive tests.
Control risk is the possibility of a significant misrepresentation in a company's financial statements as a result of the absence of adequate internal controls to address a specific risk or the failure of existing internal controls.
Risk management practices are a vital tool for preventing workplace accidents and injuries. They ought to be a component of the organization's overall health and safety strategy as they offer a way to recognize, manage, and lessen workplace hazards.
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