Centrally planned economies allocate resources based on decisions by.
Answers
It should be noted that Centrally planned economies allocate resources based on decisions by government.
What is Centrally planned economies all about?A centrally planned economy can be regarded as the economy whereby price and allocation of resources, goods as well as services is been controlled government.
This us done by the government instead of autonomous agents like that of free market economy.
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Related Questions
PLEASEEEE HURRRYYYY Read the prompt and enter your response in the space provided.
Enter the title of the article you read and the author or the source.
Answers
Under a contractionary taxation policy, the government can reduce the deficit by
A) increasing taxes.
B) reducing taxes.
C) increasing spending.
D) increasing inflation.
The Answer is A) increasing taxes.
Answers
Answer:
c
Explanation:
not sure but I tried may best tho
Answer:
A) increasing taxes.
Explanation:
In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?
Answers
Answer: 1. government , 2. consumers , 3. producers
Explanation: edmentum / plato
Date
Page
2
2) Marketing is meeting
needs
profitably!
Comment
Answers
Answer:
markeing
Explanation:
communication skills, credentials, honesty
Which of the following best explains the purpose of a supply schedule?
O A. To demonstrate how the supply decreases as price increases.
B. To calculate how much time it takes for distribution.
C. To show the relationship between quantity supplied and prices.
O D. To indicate how supply and demand relate to price.
Answers
Answer:
C. To show the relationship between quantity supplied and prices.
Explanation:
A supply schedule is a tabular demonstration of the quantity that suppliers will be willing to sell at different prices. It is a table showing the relationship between supply and price.
According to the law of supply, the supply increases as the price goes up. Therefore, the supply schedule is a tabular illustration of the law of supply.
Answer:
it is c
Explanation:
because it does mean To show relationship between quantity supplied
and prices.
what are the two principal ways in which ldcs obtain money to finance development
Answers
The two principal ways in which LDCs obtain money to finance development are a) Loans from banks and international organizations b) Direct investment by transnational corporations.
What is a LDCs?
Low-income nations known as least developed countries (LDCs) struggle with significant structural barriers to sustainable development. They have low levels of human assets and are extremely susceptible to environmental and economic shocks.
The Committee for Development (CDP) reviews the list of LDCs, which currently includes 46 nations, every three years.
LDCs only have access to a select number of international aid programs, particularly in the trade and development assistance sectors.
Economic and Environmental Vulnerability: To qualify, a nation must have a high score on the Economic and Environmental Vulnerability Index, which takes into account elements including geographic isolation, reliance on agriculture, and susceptibility to calamities.
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how long does it take for tax refund to show in bank account after approved
Answers
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
Create one sentence summarizing what you have read. You must keep your sentence to 20
words or less. You may take more than one try to get to twenty
Answers
A sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."
What does individual perspective mean?Individual perspective means the mental state whereby available facts and personal ideas describing human behavior are combined to form opinions or viewpoints.
In life, individual perspective describes the way people:
Understand lifeApproach life issues Apply personal experiences.Thus, a sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."
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20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
Answers
Falls struck by object caught in or between and electrocution are referred to by osha as:.
Answers
Falls struck by object caught in or between and electrocution are referred to by OSHA (Occupational Safety and Health Administration) as **"Fatal Four"** in the construction industry.
The "Fatal Four" represents the top four leading causes of fatalities in the construction industry, as identified by OSHA. These four hazards include falls, being struck by objects, being caught in or between objects, and electrocution. OSHA has identified these hazards as significant risks in construction work and has implemented regulations and guidelines to mitigate these dangers and improve safety on construction sites.
By categorizing these hazards as the "Fatal Four," OSHA aims to raise awareness and promote proactive measures to prevent accidents and injuries in the construction industry. It highlights the importance of implementing appropriate safety measures, training workers, and adhering to safety guidelines to reduce the occurrence of these fatal incidents.
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The terms 'Falls', 'Struck by object', 'Caught in/between' and 'Electrocution' are the 'Fatal Four' key causes of fatal injuries according to OSHA. Safety measures and devices are used to prevent these incidents, which involve shock and thermal hazards in the case of electrocution.
Explanation:The terms 'Falls,' 'Struck by object,' 'Caught in/between,' and 'Electrocution' refer to four of the leading causes of fatal injuries in the workplace, as categorized by the Occupational Safety and Health Administration (OSHA). These incidents are collectively known as the 'Fatal Four.' Falls relate to incidents where a person falls from a height, often from ladders, roofs or scaffolding. 'Struck by object' refers to cases where a worker is hit by equipment or a falling object. The 'Caught in/between' category includes incidents where workers are caught in machinery or crushed between objects or equipment. 'Electrocution' refers to electric shock incidents. It involves a shock hazard, where current passes through a person, and a thermal hazard, where excessive electric current causes harmful thermal effects, potentially causing a fire. Electrical safety measures and devices come into use to prevent these hazards.
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What is the definition of hangry my friend keeps saying it but i dont understand
Answers
Answer:
hangry is when you feel hungry and angry at the same time
Explanation:
basically, your angry because of the fact that your hungry
State any five reasons why an entrepreneur may carryout Market survey.
Answers
Answer:
to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it, I cant really think of anymore
Explanation:
Answer: Whether you are thinking of venturing into a new market or launching a new product, conducting a marketing assessment is the crucial first step in determining if there is a need or a potential customer base for your product. Why is market research important for new business ideas? Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. Determine key market factors: Cost, Consumer Demographics, Challenges, Opportunities. ... These factors will help you determine how you will need to market to consumers, face your competition, and develop your overall business plan.
Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
When an employer makes all of the contributions to the pension plan, the pension plan is classified as ________.
Answers
When an employer makes all of the contributions to the pension plan, the pension plan is classified as non-contributory.
What is a noncontributory pension plan?A noncontributory plan is any pension or other type of benefit plan that is entirely paid for by the employer. There are no payments required of plan participants. Employers frequently set up noncontributory life insurance plans for their employees, though the total amount of coverage is typically low. Noncontributory plans are especially beneficial for low-income employees who might not be able to afford the associated benefits otherwise. In a non-contributory or defined benefit plan, the employer promises to pay an amount in the future based on the pay rate and number of years with the company.The final pension payout is determined by the employee's age, health, and the number of years before retirement. One of the advantages of a non-contributory plan is that a certain amount is guaranteed to the retiree when he reaches the age of 65. The benefits of the plan can be accumulated quickly.To know more about noncontributory pension plan, refer to:
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Imagine that you work as an HR assistant for the company called Success Co. The company has not been doing very well lately. Profits are falling and the company is forced to cut employee bonuses. Some employees look unhappy, but no one has filed a letter of resignation yet. Your boss has asked you to post a job advertisement on LinkedIn for a position that does not actually exist. His main goals include gaining information on what talents are available on the labor market and understanding whether current employees will respond to a blind ad, indicating that they are ready to leave Success Co.
In your opinion, is it ethical to post a job ad for a position that does not exist?
What might be the negative consequences for Success Co. if you follow your boss’ order and post the job opening?
Explain in your own words what your boss can do to achieve his goals without placing the job opening.
Answers
In my opinion, it is unethical to post a job advertisement for a position that does not actually exist. It can affect the reputation of Success Co. negatively. This unethical action may lead to the company losing its employee’s trust and respect.
The trust of Success Co's employees will be negatively affected, and in turn, this can hurt the company's reputation.The negative consequences of posting a fake job advertisement on LinkedIn may lead to the company's employees seeking employment opportunities elsewhere. As the posting is a ruse, it may encourage good employees to start looking for jobs elsewhere, and this could have a detrimental effect on the company's operations. If employees feel that their employer is not taking care of them, they will be more inclined to leave the organization. The company might face a huge loss of employee retention and face a problem of recruiting new employees if they know that the company cannot be trusted.The boss can achieve his goals by arranging an exit interview or conducting an employee survey. Both methods will enable him to know what talents are available on the labor market. These methods will help the company in understanding whether the current employees are satisfied with the company or not. He can also provide opportunities for feedback through staff meetings or company suggestion boxes. These measures will enable the company to understand the employees' perspective while encouraging openness and honesty in communication. Thus, it is essential to understand the needs and wants of employees to enhance employee retention and satisfaction.
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Presented below are selected transactions for Pina Colada Company during September and October of the current year. Pina Colada uses a perpetual inventory system and the earnings approach. Sept. 1 Purchased merchandise on account from Hillary Company at a cost of $50,000, FOB destination, terms 1/15, n/30. 2 The correct company paid $2,000 of freight charges to Trucking Company on the September 1 merchandise purchase. 5 Returned for credit $2,200 of damaged goods purchased from Hillary Company on September 1. 15 Sold the remaining merchandise purchased from Hillary Company to Irvine Company for $119,500, terms 2/10, n/30, FOB destination. 16 The correct company paid $2,300 of freight charges on the September 15 sale of merchandise. 17 Issued Irvine Company a credit of $5,500 for returned goods. These goods had cost Pina Colada Company $2,200 and were returned to inventory. 25 Received the balance owing from Irvine Company for the September 15 sale. 30 Paid Hillary Company the balance owing for the September 1 purchase. Oct. 1 Purchased merchandise on account from Kimmel Company at a cost of $58,000, terms 2/10, n/30, FOB shipping point. 2 The correct company paid freight costs of $1,100 on the October 1 purchase. 3 Obtained a purchase allowance of $2,300 from Kimmel Company to compensate for some minor damage to goods purchased on October 1. 10 Paid Kimmel Company the amount owing on the October 1 purchase. 11 Sold all of the merchandise purchased from Kimmel Company to Kieso Company for $139,500, terms 2/10, n/30, FOB shipping point. 12 The correct company paid $800 freight costs on the October 11 sale. 17 Issued Kieso Company a sales allowance of $1,500 because some of the goods did not meet Kieso's exact specifications. 31 Received a cheque from Kieso Company for the balance owing on the October 11 sale. Prepare journal entries to record the above transactions for Pina Colada Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, sel
Answers
To record the transactions for Pina Colada Company, we need to prepare journal entries for each transaction. Let's go through the transactions step-by-step:
September:
1. Purchased merchandise on account from Hillary Company for $50,000. Since the terms are 1/15, n/30, we need to record the accounts payable and the inventory
Accounts Payable 50,000
Inventory 50,000
2. Paid $2,000 of freight charges on the September 1 purchase:
Freight Expense 2,000
Cash 2,000
5. Returned damaged goods purchased from Hillary Company for $2,200:
Accounts Payable 2,200
Inventory 2,200
15. Sold the remaining merchandise purchased from Hillary Company to Irvine Company for $119,500. We need to record the revenue, cost of goods sold, and decrease inventory:
Accounts Receivable 119,500
Sales Revenue 119,500
Cost of Goods Sold 50,000
Inventory 50,000
16. Paid $2,300 of freight charges on the September 15 sale:
Freight Expense 2,300
Cash 2,300
17. Issued a credit of $5,500 to Irvine Company for returned goods:
Sales Returns and Allowances 5,500
Accounts Receivable 5,500
October:
1. Purchased merchandise on account from Kimmel Company for $58,000. We need to record the accounts payable and the inventory:
Accounts Payable 58,000
Inventory 58,000
2. Paid $1,100 of freight costs on the October 1 purchase:
Freight Expense 1,100
Cash 1,100
3. Obtained a purchase allowance of $2,300 from Kimmel Company for damaged goods:
Accounts Payable 2,300
Inventory 2,300
These are the journal entries to record the transactions for Pina Colada Company. Please note that the amounts in the journal entries have been calculated based on the information provided.
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the accounting term for a situation where two or more people act in coordination to circumvent internal controls is
Answers
The accounting term for an instance where two or more individuals work together to get around internal controls is Collusion.
Internal controls are the systems, guidelines, and practises that a business uses to guarantee the accuracy of its financial and accounting data, foster accountability, and Collusion fraud. As the name implies, corrective controls are implemented to address any problems identified by detective controls.
These may also involve fixing any errors discovered once an accountant has completed the audit procedure on the accounting books. When two or more individuals collaborate to evade internal checks and steal from a business, this is called collusion.
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shira bought a condominium in a planned unit development. the development has a small playground, tennis and basketball courts, and a putting green. who owns these recreational facilities?
Answers
Shira bought a condominium in a planned unit development. The development has a small playground, tennis and basketball courts, and a putting green. In this case, the condo owners own these recreational facilities
In a planned unit development, a homeowner's association (HOA), made up of all the condo owners inside the property, is normally in charge of the ownership and upkeep of common areas and recreational facilities. The playground, tennis and basketball courts, and putting green are some of the common amenities that the HOA is in charge of administering and maintaining.
Shira would be a part of the HOA and possess a stake in the shared facilities as a condo owner in the planned unit development. The rules of the HOA, which outline the condo owners' rights and obligations with relation to the shared amenities, are likely to express this ownership interest.
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From the French Instrument Corporation second-quarter report ended 2018, do a vertical analysis for the second quarter of 2018. (Input all answers as positive values except other (income) which should be indicated by a minus sign. Round your answers to the nearest hundredth percent.) Percent of net 2,609 FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) Second Quarter 2018 2017 Net sales $ 6,698 $ 6,951 Cost of sales 4,089 4,462 Gross margin 2,489 Expenses: Selling, general and administrative 1,7831 Product development 175 165 Interest expense 98 123 Other (income), net (172) (99) Total expenses 1,946 1,972 Income before income taxes 663 517 Provision for income taxes 265 209 Net income 398 $ 308 Net income per common share* $ 0.05 $ 0.03 Weighted average number of common shares and equivalents 6,673,673 6,624,184 1,845
Answers
The vertical analysis for second quarter of 2018 for French Instrument Corporation would include: Net sales: 100%; Cost of sales: 61.04%; Gross margin: 37.16%; Selling, general, and administrative expenses: 26.63%; Product development: 2.61%; Interest expense: 1.46%; Other (income), net: -2.57%; Total expenses: 29.04%; Income before income taxes: 9.90%; Provision for income taxes: 3.96%; and Net income: 5.94%
To perform a vertical analysis for the second quarter of 2018 for French Instrument Corporation, we will calculate each line item as a percentage of net sales for that quarter.
In order to perform vertical analysis, follow these steps:1. Net sales: $6,698 (100% as it is the base value)
2. Cost of sales: $4,089 / $6,698 = 0.6104 or 61.04%
3. Gross margin: $2,489 / $6,698 = 0.3716 or 37.16%
4. Selling, general and administrative expenses: $1,783 / $6,698 = 0.2663 or 26.63%
5. Product development: $175 / $6,698 = 0.0261 or 2.61%
6. Interest expense: $98 / $6,698 = 0.0146 or 1.46%
7. Other (income), net: -$172 / $6,698 = -0.0257 or -2.57%
8. Total expenses: $1,946 / $6,698 = 0.2904 or 29.04%
9. Income before income taxes: $663 / $6,698 = 0.099 or 9.90%
10. Provision for income taxes: $265 / $6,698 = 0.0396 or 3.96%
11. Net income: $398 / $6,698 = 0.0594 or 5.94%
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When you're finished using your Go ogle account, what should you do to help keep your information secure?
A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.
Answers
Answer:
this is a very st upid question but i would say its D
Explanation:
A does make sense somehow but i dont think you would reset your password everytime you using go ogle
i dont know why B should help at all
C makes no sense at all
When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.
How to keep your Go-ogle account safe?Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.
Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.
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When financial statements are prepared, unexpired prepaid accounts are recorded as _______ (expenses/assets/liabilities) and the expired portion of the prepaid account is reported as a(n) _______ (expenses/assets/liabilities).
Dev is an employee of the foreign subsidiary of a United States based company who lives and works in the United Kingdom. According to FATCA, how much of his wages may Dev exclude from United States' taxes, according to 2021 guidelines? Multiple Choice $108,700 $93,650 $117,620 $104300
Answers
When financial statements are prepared, unexpired prepaid accounts are recorded as assets and the expired portion of the prepaid account is reported as an expense.
Prepaid expenses are expenses that a company has paid in advance. These expenses are documented on a company's balance sheet as a current asset until they are used up or expire. If a prepaid expense expires or is used up before the end of the accounting cycle, the expense is recognized in the income statement as an expense in the period in which it is used up or expired. Therefore, unexpired prepaid accounts are recorded as assets and the expired portion of the prepaid account is reported as an expense.
Under the FATCA guidelines, Dev may exclude up to $108,700 of his wages from United States taxes. Therefore, the correct option is A. $108,700.
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What is meant by the economic problem?
Answers
Answer:
hey! hope this helps love! Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.
Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late december 2017, the company repaired samuel mosley's car and charged him $1,000. samuel did not think the problem had been fixed, so he refused to pay; thus, trip refused to release the automobile. in early january 2018, trip made a few adjustments under the hood; trip then convinced samuel that the automobile was working properly. at that time, samuel agreed to pay only $900 because he did not have the use of the car for a week. trip said "fine," accepted the $900, and released the automobile to samuel. an irs agent thinks trip, as an accrual basis taxpayer, should report $1,000 of income in 2017, when the work was done, and then deduct a $100 business loss in 2018. prepare a memo to susan apple, the treasurer of trip, with your recommended treatment for the disputed income.
Answers
Answer:
MEMO
To: Treasurer of Trip Garage, Inc.
From: Me
Subject: Dispute over accrued revenue
Mrs. S. Apple,
Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:
Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.
In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.
Regards,
Me
Explanation:
Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:
Dr Accounts receivable 1,000
Cr Service revenue 1,000
If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:
Dr Bad debt expense 1,000
Cr Allowance for doubtful accounts 1,000
If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and.
Answers
In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and manage risk through diversification.
Demand is a monetary time period that refers to the number of products or services that purchasers want to buy at any given rate level. The mere choice of a client for a product isn't to demand. Call for includes the shopping electricity of the purchaser to collect a given product at a given length.
The rate of the coolest or carrier. The earnings of shoppers. The prices of related items or services—either complementary and purchased alongside a particular object or substitutes sold in preference to a product. The tastes or preferences of clients will pressure demand.
Call for is a representation of a consumer's desire to buy items and services; it acts as a size of a consumer's willingness to buy a particular proper or service at a given fee.
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HELP PLEASE!!!
1. The Building & Construction encompasses both hands-on vocations and conceptual high-end careers.
True
False
2.
What is the minimum education needed to start a career as a Cabinet maker?
A college diploma in cabinet making
An Associates degree in cabinet making
A Ph.D. in woodworking is required
Only vocational training is needed to start a career as a Cabinetmaker
3. A majority of the careers that require more education also tend to pay a higher salary.
True
False
4. Many careers require some education beyond high school even for entry level positions. The career in Section 3 that is an exception to this is:
Welder
Cabinetmaker
Electrician
Set Decorator
5. The career that encourages obtaining an APTI or CAT certification is
HVAC Installation and Maintenance
Air Pollution Control Manager
Water Quality Specialist
Building Inspector
Answers
Answer:
#1 is False
#2 Cabinet makers are not required to have completed formal education related to the trade, but most employers prefer to hire individuals with a minimum of a high school diploma or General Educational Development (GED) credential.
#3 True
Explanation:
what is the optimal number of chocolate bars the firm should be making and how many workers should the firm hire to produce those chocolate bars?
Answers
A chocolate bar must be made from raw cocoa materials through a number of processes, including grinding, refining, conching, and tempering.
How do you fix issues with chocolate?The goal is to produce all size m subsets of arr[0..n-1]. Find the difference between the subset's maximum and minimum elements for each subset. Return the smallest difference last.
What is the issue with chocolate distribution?Picture of a chocolate distribution issue HackerEarth remedy
The chocolate distribution problem is an array minimization problem that asks us to distribute 'n' packets of chocolates among'm' kids in such a way that each child receives one packet, and the difference between a packet containing maximum chocolates and a packet containing minimum chocolates is as small as possible.
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A stock has an expected return of 12.8 percent, the risk-free rate is 7.5 percent, and the market risk premium is 10 percent. what must the beta of this stock be?
Answers
The beta of a stock measures its sensitivity to changes in the overall market. A beta of less than 1 indicates that the stock is less volatile than the market, while a beta greater than 1 indicates higher volatility. In this case, a beta of 0.53 suggests that the stock is less volatile than the market.
To find the beta of a stock, we can use the formula:
Beta = (Expected Return - Risk-Free Rate) / Market Risk Premium
Given that the expected return is 12.8 percent, the risk-free rate is 7.5 percent, and the market risk premium is 10 percent, we can substitute these values into the formula:
Beta = (0.128 - 0.075) / 0.10
Simplifying this equation gives us:
Beta = 0.053 / 0.10
Dividing 0.053 by 0.10, we find:
Beta = 0.53
Therefore, the beta of this stock must be 0.53.
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what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answers
Answer:
b
Explanation:
hope itttttt helps
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What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
Answers
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
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Answer:
b
Explanation:
assess whether you believe the engagement in-charge made a good decision about thelocations to verify banlee's physical count. on what basis did you make your assessment?
Answers
After evaluating the given scenario, I think the engagement in-charge made a wise decision about the locations to verify Banlee's physical count. The decision was based on various factors that ensured the completeness and accuracy of the inventory count.
Firstly, the engagement in-charge chose to inspect locations that were most likely to have the highest inventory values. This decision was appropriate because it would ensure that the inventory count was materially correct. The selected locations were also spread across the warehouse, which would ensure that inventory in all locations was accurately counted.
Secondly, the engagement in-charge chose to verify physical counts in locations with higher inventory values because it was more prone to errors and discrepancies. This step would help the engagement in-charge in identifying any inventory count errors and irregularities.
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how do you record a debit card purchase in quickbooks
Answers
Select + New.
Select Expenses, then Vendors.
Select the vendor with the bill you'd like to pay, then select the bill.
In the Action column, select Make payment.
From the Bank/Credit account drop-down, select the bank.
Uncheck Print Later.
Enter a note in the Ref no. field to identify which payment it is.
Fill in the Payment date and Amount.
In the Outstanding Transactions section, select the bill or bills you're recording payment for.
Select Save and Close.
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