Which of the following problems may cause financial statements to be inaccurate?
A
Failing to follow a specific budget.
B
Failing to use specific account titles.
C
Paying more dividends than net income received.
D
Overspending the Cash account.

Answers

Answer 1

There are a few issues that may cause financial statements to be inaccurate. All of the options listed can potentially cause financial statements to be inaccurate. These systematic risks can impact the accuracy of financial statements.

Explanation: Paying more dividends than net income received is a problem that may cause financial statements to be inaccurate. Inaccuracies in financial statements may be caused by a variety of factors. It is possible that the organization is not adhering to proper accounting procedures, or that they are paying out more dividends than they are earning.

The following are the major issues that may cause financial statements to be inaccurate:• Failure to adhere to a specific budget.• Failure to use particular account titles.• Paying out more dividends than net income earned.• Overspending the Cash account. Therefore, paying more dividends than net income received may cause financial statements to be inaccurate. The main answer to this question is Option C.

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Related Questions

What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme​

Answers

Explanation:

It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.

Answer:

The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.

Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry

Answers

Answer:

industry because here based the all the business in whole world

everyone here is a pleb

Answers

Noooo




Step by step explanation:

Answer:

no no no no no no no no no no no                                                                                            

What is inflation?

Movement, whether upward or downward, of economic activity

Monetary value of final goods and services produced within a country for a specific time period.

The rate at which the price level of goods and services rises.

A measurement used by economics to measures average prices of a market basket of consumer goods and services.

Answers

What is inflation?

Monetary value of final goods and services produced within a country for a specific time period.

Bakery has bought 250 pounds of muffin dough. They want to make waffles or muffins in half-dozen packs out of it. Half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. It take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. Their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. How many of each should they make to maximize profit, if they have just 20 hours to do everything?

Answers

Answer and Explanation:

The number of packets of waffles is W

and the number of muffins are M

The weight of dough is 250 pound and a pack of muffins requires 1 lb of dough whereas a pack of waffles uses 3/4 lb of dough.

3÷4W+M≤250

Multiplying both sides by 4

3W+4M≤1000

It takes bakers 6 minutes to make a packer of waffles and 3 minutes to make a pack of muffins, the total time available is 20 hours or 1200 minutes.

3M+6M≤1200

Minus the initial equation from the new equation:

(3M+6M≤1200)−(3W+4M≤1000)

2M≤200

Dividing equation by 2

M≤100

For M≤100

3W+4M≤1000

3W≤1000−4M

For the Maximum values of M

the least value of W is obtained

3W≥1000−4×100

3W≥600

Dividing the equation by 3

W≥300

For maximum profit, the number of waffles and muffins is taken as 300 and 100 respectively :

1.5∗300+2∗100

=650

What does a boilermaker do?

applies marble and tile to floors, walls, and other surfaces

installs iron or steel beams, columns, and girders

assembles, installs, and repairs large containers that hold gases and liquids

repairs roofs of structures, using asphalt, metal, shingles, and other materials

Answers

Answer:

C) Assembles, installs, and repairs large containers that hold gases and liquids.

Fill in the blank: Measuring your website’s authority comes down to assessing the volume and quality of the ____________.

Answers

The measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks

Simply put, a backlink refers to series of link from one website which leads to another website.

The number and quality of a website's backlink tells about the quality of the website.

Hence, the measurement of the website’s authority comes down to assessment of the volume and quality of the website's backlinks

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help me please
You are putting on a theater production. Which of the following should be a consideration when you get ready to choose the script?

The size of the theater/stage
The demographics of the audience
The topic/popularity of the script
All of the above

Answers

Answer:

The topic/popularity of the script

Explanation:

When you are writing a script, you WILL NEED TO consider the topic/popularity of the script.

Hope it help! ;)

Who are the market participants in the foreign exchange market? Explain how each participant contributes to market activities.

Answers

The market participants in the foreign exchange market are commercial banks, Foreign exchange brokers, Central bank, MNCs and Individuals and Small businesses.

What is Market?

Market is the place where exchange of goods and services takes place in return of the money. Money is the value provided by the buyer to the seller of the product.

The commercial banks provides the deposits of the public as the saving to the people who are need of the money in this way they supply the money in the market.

The Central bank regulates the flow of the money by implementing the monetary policy and keeps in check the inflation rates in the market. All the MNC's and small businesses launches the product in the market and fulfills the need of the customer.

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Answer:Central banks and treasuries: Central banks use their respective nation’s foreign exchange reserves to influence the rate at which their own currency trades in the forex market. Because they absorb losses readily (to protect the value of their currency), they are a unique participant in the forex market.

Foreign exchange brokers: Foreign exchange or forex brokers assist forex dealers with transactions by providing the necessary currencies in case of a shortage of foreign exchange funds. They act as agents to facilitate effective trade transactions, and they charge a fee for their services.

Speculators and arbitragers: Speculators and arbitragers trade in the market for profit. They usually do not serve any clients and trade only for themselves. Arbitragers attempt to generate profit by trading on the differences of several currencies.

Retail customers: Retail customers (such as importers, exporters, multinational firms, and other investors) trade in the forex market through commercial banks. Their trade transactions are usually for investment or commercial purposes.

Foreign exchange dealers: Foreign exchange dealers are the main traders in the forex market. They generate profit by purchasing a currency at a particular bid price, and then reselling it at a higher asking price. They maintain an inventory position in particular currencies and specialize in those currencies.

Explanation:

Edmentum

What does the IRS stand for?
(1 point)
A.Internal Revenue Service
B. nternational Revenue Service
C. Internal Reward Service
D. Internal Revenue Society

Answers

Answer:

its A

Explanation:

hope this helps and Mark me

This noncancelable lease had the following terms: Lease payments: $3,402,858 semiannually; first payment at January 1, 2021; remaining payments at June 30 and December 31 each year through June 30, 2025. Lease term: 5 years (10 semiannual payments). No residual value; no purchase option. Economic life of equipment: 5 years. Implicit interest rate and lessee's incremental borrowing rate: 10% semiannually. Fair value of the computers at January 1, 2021: $23 million. What is the interest revenue that Technoid would report for this lease in its 2021 income statement

Answers

Answer:

$1,838,564

Explanation:

Calculation to determine the interest revenue that Technoid would report for this lease in its 2021 income statement

First step is to determine the interest for the first six months:l

Interest for the first six months=($23,000,000-$3,402,858)*5%

Interest for the first six months=$979,857

Second step is to Interest for the Second six months

Interest for the Second six months=($23,000,000 - $3,402,858 - [$3,402,858 - $979,857) × 5%

Interest for the Second six months=($19,597,142-2,423,001)*5%

Interest for the Second six months=$17,174,141*5%

Interest for the Second six months=$858,707

Now let determine the interest revenue

Interest revenue =$979,857+$858,707

Interest revenue =$1,838,564

Therefore the interest revenue that Technoid would report for this lease in its 2021 income statement is $1,838,564

Shen Systems purchased equipment four years ago at a cost of $218,000. The equipment is valued at $97,400 on today's balance sheet but could actually be sold for $92,900. This is the only fixed asset the firm owns. Net working capital is $41,300 and long-term debt is $102,800. What is the book value of shareholders' equity

Answers

Book value of shareholders' equity is the difference between the assets and liabilities of the company. It is the main answer for this question. Here's the explanation:Assets = Equipment + Net working capital = $97,400 + $41,300 = $138,700

Liabilities = Long-term debt = $102,800Book value of shareholders' equity = Assets - Liabilities = $138,700 - $102,800 = $35,900Therefore, the book value of shareholders' equity is $35,900.

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Book Value of Shareholders' Equity is $31,400.

The book value of shareholders' equity is obtained by deducting the liabilities from the assets. It is one of the important figures in accounting.

Shareholders' equity, also known as net worth, is calculated by subtracting the total liabilities from the total assets. Assets = Liabilities + Shareholders' Equity Equipment's book value is $97,400. If it is sold today, it will yield $92,900. Therefore, depreciation is: $97,400 - $92,900 = $4,500

The value of total assets is $97,400 + $41,300 = $138,700The total liabilities are $102,800Shareholders' equity is calculated by subtracting liabilities from assets.$138,700 - $102,800 = $35,900

However, we must also consider the equipment's accumulated depreciation to get the book value of shareholders' equity:Book Value of Shareholders' Equity = Total Assets - Liabilities - Accumulated Depreciation= $138,700 - $102,800 - $4,500= $31,400

Finally, shareholders' equity is increased by the equipment's actual sale price: $31,400 + $92,900 = $56,300

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Is money the root of all evil?

Answers

Answer:

No

Explanation:

the lo.ve of mone.y is a root of all kinds of e.v.il” or simply “for the love of money is the root of all e.vil.” Not m.oney itself, but the love of money. That's a key dis.tin.ction. Money itself is neither good nor e.vil.

hope it helps

:DD

Money isn’t, but the desire of it is. What it drives people to do, to go to a certain extent for money is the evil in money.

Why might working on a commission basis make dealing with finances more difficult?
(need a few sentences)

Answers

What is commission basis

What were the main factors in both the North and South for the abandonment of Reconstruction?

Answers

Social effects were bringing families back together, the Emancipation act, and churches and schools being available to former slaves. What were the main factors, in both the North and South, for the abandonment of Reconstruction?- Land, jobs, and establishing the Bureau were the main factors for both.

Cost-volume-profit analysis is the study of the effects of.

Answers

Cost-volume-profit analysis simply means the study of the effects of change in costs and volume on the profit of a company.

What is Cost-volume-profit analysis?

Cost-volume-profit analysis simply means a way to find out how changes in cost will affect the profit.

Cost-volume-profit analysis is the study of the effects of change in costs and volume on the profit of a company.

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Because operations managers control so much of a business’s money, they must focus on.

Answers

Because operations managers control so much of a business's money, they must focus on: D. keeping costs low.

Who is a manager?

A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company or firm), especially by being morally upright, well behaved, friendly, managing costs, and promoting the business's vison, culture, and values at all times.

Generally speaking, the two (2) main goals that an operations manager must keep in mind include the following:

To keep costs low (efficiency) To keep customers satisfied (effectiveness)

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Complete Question:

Because operations managers control so much of a business's money, they must focus on

answer choices

generating publicity.

hiring the best employees.

creating effective advertising campaigns.

keeping costs low.


2. What is the opportunity cost of producing fifty more
croissants?

Answers

Answer:

What is the opportunity cost of producing fifty more croissants? 60 doughnuts or 20 croissants.

How did the Great Depression and the New Deal affect the American society and economy?

Answers

Due to corporate failures and a sharp increase in unemployment, the Great Depression had an impact on American culture, through federal activism,economic recovery and placing Americans back to work.

What impact did the Great Depression have on the US economy?

In the United States, where the Depression was generally the worst, industrial production decreased by over 47% between 1929 and 1933, the GDP plummeted by 30%, and the jobless rate rose to more than 20%.

Why did the Great Depression have such a big impact?

Tens of millions of people experienced extreme hardship as a result, and many of the country's banks, businesses, and farms failed. It significantly increased government, which was then supposed to stabilize the economy and avert hardship, transforming national politics in the process.

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A non-transaction deposit would include each of the following, except:
a. a savings account.
b. a checking account.
c. a passbook savings account.
d. a certificate of deposit.

Answers

A non-transaction deposit would include each of the following, except: c. a passbook savings account.

Non-transactional deposits: what are they?

A deposit made to a non-transaction account is known as a time deposit. This kind of account typically bears interest and has a maturity date. With regard to these types of accounts, withdrawals might be capped. Some savings accounts and CDs may be considered non-transaction accounts.

Non-transaction deposit accounts, such as savings accounts, are those that have restrictions on monthly transfers or impose waiting periods before allowing access to funds. Individual retirement accounts (IRAs) and certificates of deposit (CDs) are two types of non-transaction accounts.

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HELP! If the price of an Economics e-text was equal to $45.00 and the quantity sold was equal to 125, then the total revenue would equal $3,625. True or False?

Answers

Answer:

T

Explanation:

Question 25 master help!

Question 25 master help!

Answers

The type of account that offers tax-deferred investing for retirement is C) a 401(k) plan.

What is Financial Planning,?

Generally, A 401(k) plan is a retirement savings plan sponsored by an employer that allows employees to save and invest a portion of their paycheck before taxes are taken out.

The contributions are made on a pre-tax basis, which means that the contributions are not included in the employee's taxable income for that year, and the earnings on the contributions are not taxed until the funds are withdrawn, typically after retirement.

This makes a 401(k) plan a tax-deferred investment account for retirement. Mutual funds, prepaid 529 plans, and index funds can be part of a 401(k) plan.

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Define store records ​

Answers

Answer:

this is an important document that helps an organisation to determine the rate of use of raw materials

An investment company where workers follow a strict schedule is an example of a(n) _____. a. informal workplace b. unstructured workplace c. casual workplace d. formal workplace

Answers

Answer:

d. formal workplace

Explanation:

A formal workplace has a structured way of doing things. Both the management and employees dress in the prescribed attire. There is a lot of emphasis on rules and procedures in the work processes. Information and work instruction follow established communication channels within the business. Hierarchy and protocols are observed when making official reports.

Answer:

D)

Explanation:

The Kingdom of Mocha enjoys no absolute advantage in crude oil, diamonds, or wool. However, the Mochans manufacture high-quality bows and arrows. Which statement about the Mochans is true?

Answers

Answer:

The Mochans have a comparative advantage in the production of bows and arrows.

Explanation:

Comparative advantage is defined as the ability of a country to produce a product at a lower cost compared to other countries.

In such a situation it will be cheaper for other countries to buy the products than to produce it themselves.

In this scenario the Mochans manufacture high-quality bows and arrows, so they have comparative advantage in producing these goods.

However they have no absolute advantage in crude oil, diamonds, or wool. So they do not have comparative advantage in producing these products and will be better off buying them from other countries that produce them at a cheap rate

Why’s are payroll withholding and estimated tax useful

Answers

Answer:

it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz

Explanation:

a product sells for $750 in the united states. the exchange rate is $1 to 1.65 swiss francs. if purchasing power parity (ppp) holds, what is the price of the product in switzerland?

Answers

A product sells for $750 in the united states. the exchange rate is $1 to 1.65 swiss francs. if purchasing power parity (ppp) holds,  the price of the product in Switzerland is  1200 Swiss Francs.

Purchasing Power Parity (PPP) states that the exchange rate between two countries should equal the ratio of the two countries' price levels. Therefore, if the price of the product in the United States is $750, then the price of the product in Switzerland should be equal to $750 divided by 1.65. This means that the product should cost 1200 Swiss Francs in Switzerland.  

To find the exchange rate, one can divide the price of the product into the United States by the price of the product in Switzerland. Since the product in the United States is priced at $750, and the product in Switzerland is priced at 1200 Swiss Francs, then $750 divided by 1200 Swiss Francs would give us an exchange rate of 1.65.  

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Jan is considering starting a temporary help agency. Why might this be a good business to st art?


A: There is a shortage of skilled workers.


B: The trend toward hiring temporary workers is up.


C: Unemployment is fairly high.


D: More people than ever before want temporary work.

Answers

Answer: B: The trend toward hiring temporary workers is up

Explanation: A temporary help agency could be explained as an establishment which offers workers to its client's for temporary use or need. The client notifies the agency of its need for temporary workers and the agency does as required. The temporary help agency business could be seen as a good business to establish due to the rising demand for temporary workers by organization in other to reduce the number of permanent personnel their payroll. This logic ensures that these organizations reduce the cost of salaries and benefits of their employees.

when the number of units produced increases, what is the effect on variable cost per unit? what about fixed cost per unit? what about total variable costs from all production? what about total fixed costs? g

Answers

Whether production rises or falls, the variable cost per unit remains constant. At the global level, fixed costs remain constant. As a result, the fixed cost per unit will decrease as production rises.

What about fixed cost per unit?

The production range within which the fixed cost is fixed is called the relevant range. The fixed cost gradually rises beyond this production range, which is relevant to the next activity range. Due to a fixed cost that rises in stages, the cost fixedness shifts beyond a certain range.

What about fixed cost per unit? what about total variable costs from all production?

The high and low method of cost segregation for fixed costs and variable costs only takes into account two points. Since cost is not always proportional to activity consumed, it may not provide an accurate estimate for other activity ranges. Estimation accuracy is aided by regression analysis.

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A company uses the following standard costs to produce a single unit of output.

Direct materials 7 pounds at $0.80 per pound = $ 5.60 Direct labor 0.6 hour at $10.00 per hour = $ 6.00 Manufacturing overhead 0.6 hour at $4.20 per hour = $ 2.52 During the latest month, the company purchased and used 67,000 pounds of direct materials at a price of $1.10 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $54,340 based on 5,720 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $22,200 and fixed manufacturing overhead incurred was $13,000. Based on this information, the total direct materials cost variance for the month was:

A. $17,700 unfavorable

B. $17,700 favorable

C. $20,100 favorable

D. $20,100 unfavorable

E. $2,400 favorable

Answers

The total direct materials cost variance for the month was $17,700 unfavorable. To calculate the total direct materials cost variance, we need to compare the standard cost with the actual cost of direct materials used.


The total direct materials cost variance for the month was $17,700 unfavorable. To calculate this variance, we need to compare the standard cost with the actual cost of direct materials used. The standard cost is the cost that the company expects to incur based on predetermined standards. In this case, the standard cost for direct materials is calculated by multiplying the quantity of direct materials (7 pounds) by the standard price per pound ($0.80).

For the actual cost, we multiply the quantity of direct materials purchased and used (67,000 pounds) by the actual price per pound ($1.10). The variance is then calculated by subtracting the standard cost from the actual cost. If the actual cost is higher than the standard cost, the variance is unfavorable. In this case, the actual cost of $73,700 is higher than the standard cost of $56,000, resulting in an unfavorable variance of $17,700. This indicates that the company spent more on direct materials than it had anticipated.

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