which of the following would not be considered an analytical procedure? question 6 options: a) projecting an error rate by comparing the results of a statistical sample with the actual population characteristics b) estimating payroll expense by multiplying the number of employees by the average hourly wage rate and the total hours worked c) developing the expected current year sales based on the sales trend of the prior five years d) computing accounts receivable turnover by dividing credit sales by the average net receivables
Answers
Among the following would not be considered an analytical procedure is projecting an error rate by comparing the results of a statistical sample with the actual population characteristics. Thus the correct option is A.
What is the analytical procedure?The examination of financial information through the study of conceivable connections between financial and non-financial variables is referred to as an analytical procedure. Planning the structure, timing, and scope of other auditing procedures is made easier with its assistance.
It will not be considered an analytical technique because it does not include financial information to estimate an error rate by comparing the outcomes of a statistical sample with the actual population characteristics.
Therefore, option A is appropriate.
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Related Questions
On January 1, 2019, Branson Corporation issued $500,000 of convertible bonds at par value. The bonds were issued with a stated interest rate of 3%. Each $1,000 bond is convertible into 20 shares of the corporation’s $1 par value common stock. Branson may also elect to settle bonds with a cash payment in lieu of issuing stock. Similar bonds without the conversion feature would have sold for $455,000.
Required:
Prepare the journal entry for Branson to record the issuance of the convertible bonds.
Answers
Answer:
Dr Cash $500,000
Dr Discount on bompnd payable $45,000
Cr Bond payable $500,000
Cr Additional paid in capial - Conversion feature $45,000
Explanation:
Preparation of the journal entry for Branson to record the issuance of the convertible bonds.
Based on the information given we were told that the Corporation issued the amount of $500,000 of convertible bonds at par value and as well had Similar bonds that does not have the conversion feature which would have been sold for the amount of $455,000 which means that the journal entry to record the issuance of the convertible bonds will be:
Dr Cash $500,000
Dr Discount on bompnd payable $45,000
($500,000-$455,000)
Cr Bond payable $500,000
Cr Additional paid in capial - Conversion feature $45,000
(To record the issuance of the convertible bonds)
Which resource management activity identifies and verifies?.
Answers
Answer:
different kinds of buisness vary
Explanation:
You purchased a USD strip bond at $9,350 CAD when the USD/CAD was trading at.74. Later, at the bond's maturity, the USD/CAD was trading at .65. What amount of your foreign exchange gain is taxable? O a) $0.00 O b) $1,672 O c) $1,872 O d) $2,750
Answers
The correct answer is a) $0.00, as there is no taxable foreign exchange gain in this scenario.
The taxable foreign exchange gain can be calculated by determining the difference between the CAD amount used to purchase the USD strip bond and the CAD amount received at the bond's maturity, after accounting for the change in the USD/CAD exchange rate. The taxable gain arises when there is an increase in the CAD value of the USD used for the bond purchase.
To calculate the taxable foreign exchange gain, we need to compare the CAD amount used for the purchase of the USD strip bond with the CAD amount received at maturity, taking into account the change in the USD/CAD exchange rate.
The initial purchase amount of the USD strip bond in CAD can be calculated by multiplying the USD purchase price ($9,350) by the USD/CAD exchange rate at that time (.74). This gives us $6,919 CAD.
At the bond's maturity, the USD/CAD exchange rate was .65. To calculate the CAD amount received at maturity, we multiply the USD maturity value by the USD/CAD exchange rate. Since the bond is a strip bond, the maturity value is the same as the initial purchase price ($9,350 USD). Multiplying $9,350 by .65 gives us $6,077 CAD.
The difference between the initial purchase amount ($6,919 CAD) and the amount received at maturity ($6,077 CAD) is $842 CAD. This represents the taxable foreign exchange gain.
Therefore, the correct answer is a) $0.00, as there is no taxable foreign exchange gain in this scenario.
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If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT
Answers
Answer:
C
Explanation:
If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.
What is a service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.
The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.
Therefore, option C is appropriate.
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Which of the following is an example of a fixed asset?
A. Money in the bank
B. Accounts payable
C. Gross profit
D. Real estate
Answers
Answer:
D. Real estate
Explanation:
Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.
Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.
Which leadership skill do you feel is most important for a small business to succeed for a
long time? Explain your answer using examples. It's depends on the business that they are doing because they all have strengths and weakness.
Answers
Question 6 of 10
The practice of fractional reserve banking means that:
O A. banks are required by law to operate as nonprofit organizations.
O B. banks are not allowed to use deposited funds to make loans.
O C. banks can change the interest rates on loans at any time.
O D. banks only keep a portion of their deposits as cash reserves.
Answers
Answer:
D. banks only keep a portion of their deposits as cash reserves.
Explanation:
A fractional reserve system needs a commercial bank to maintains the customer deposit percentage at the time of custody. This means that at any time the deposit fraction should have the cash backing i.e. physical also the fraction should be maintained
So according to the given situation, the last option is correct as the bank keep a portion of the deposits in cash reserves
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what factors do you believe have contributed to the very large GDP of the United of America compared to that of the most other countries?
Please help!
Answers
A Population growth, including immigration. America's population growth results in a younger workforce, which is more adaptable and trainable.
Explanation:
In comparison to most other sophisticated economies, the United of America produces more per person each year. The United States' real GDP per capita in 2015 was $56,000.
In summary, the US continues to be wealthier than its competitors. Yet why?
A growing population, including from immigration. America's population growth results in a younger workforce, which is more adaptable and trainable. There are limitations on immigration to the United States, but there are also unique guidelines that grant access to the country's economy and a route to citizenship (green cards), based on individual skill and corporate sponsorship.
A decentralized political system in which states compete. States compete for enterprises and for individual inhabitants via their legal frameworks and taxation policies. This stimulates entrepreneurship and employment across the nation. In other states, there are no income taxes and union is restricted by labor regulations. For students who live in the state, states offer affordable tuition at top colleges. In terms of their legal liability laws, they also compete.
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Which of the following is an example of sustainable farming
Answers
Sustainable farming focuses on producing long-term crops and livestock, while also having minimal effects on the environment.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUinfluences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization
Answers
There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.
What is an organization?An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.
The word organization also connote a group or business, or to the process establishing something.
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the question is in the picture, please help!!
Answers
Answer: At a trial in a U.S. District Court, witnesses give testimony and a judge or jury decides who is guilty or not guilty — or who is liable or not liable. The appellate courts do not retry cases or hear new evidence. They do not hear witnesses testify.
Explanation:
Stockmaster Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (8,000 units) $ 320,000 Variable expenses 192,000 Contribution margin 128,000 Fixed expenses 121,600 Net operating income $ 6,400 The margin of safety in dollars is closest to: Multiple Choice $121,600 $128,000 $6,400 $16,000
Answers
Answer:
$16,000
Explanation:
Calculation to determine what The margin of safety in dollars is closest to
First step is to calculate the Contribution margin ratio using this formula
Contribution margin ratio=Contribution margin/Sales
Let plug in the formula
Contribution margin ratio=(128,000/320,000)
Contribution margin ratio=0.4
Second step is calculate the breakeven sales using this formula
Breakeven sales=(Fixed cost/Contribution margin ratio)
Let plug in the formula
Breakeven sales=121600/0.4
Breakeven sales=$304,000
Now let determine the Margin of safety using this formula
Margin of safety=Total sales-Breakeven sales
Let plug in the formula
Margin of safety=320,000-304,000
Margin of safety=$16,000
Therefore The margin of safety in dollars is closest to: $16,000
your home decor client wants to start running mobile ads within their current campaign. some creatives are already mobile-optimized and may be already appearing across mobile websites. what's the first thing they should check within their campaign manager 360 account to make sure of delivery?
Answers
In order to determine whether their ads are mobile-friendly, they should check the account targeting setting in Campaign Manager 360.
How does a campaign manager operate?A political campaign's operations, such as finance, advertising, opinion polling, voter turnout (with direct communication to the public), and other supporting activities, are coordinated by a campaign manager, chairman, or director, who may be employed or volunteer.
What does a digital marketing campaign manager do?The major tasks of a campaign manager include planning, management, and analysis. The duties of a campaign manager include developing and implementing integrated marketing efforts to attract and keep customers, as well as monitoring and analyzing campaign data.
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a primary objective of procedures performed to obtain an understanding of internal control is to provide an auditor with a. knowledge necessary to assess the risks of material misstatements b. evidence about the misstatement in a particular account c. evidence to evaluate the operating effectiveness of controls d. a basis for modifying test of controls
Answers
A primary objective of procedures performed to obtain an understanding of internal control is to provide an auditor with "knowledge necessary to assess the risks or risk management of material misstatements". The correct option is A.
The risk management is the method to identify, evaluation and decide the priority of the risks are followed and coordinate with the economical application of resources to the minimize and control the probability of impact of unfortunate case.
The reason of understanding of internal control is to provide an auditor with knowledge necessary to assess the risks of material misstatements. The risk management is having knowledge to auditor to identify the different areas of the goals.
Therefore, the correct answer is option (A)
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Think about a consumer with a utility function given by u=x1x2, he is facing a budget constraint: p1x1+p2x2<= I.
A) Please derive the Marshallian demand functions for x1 and x2.
B) How much of each good will the consumer purchase if I =8, p1=1 and p2=4?
Answers
Given that the consumer has a utility function given by `u = x1 * x2` and is facing a budget constraint `p1 * x1 + p2 * x2 ≤ I`.We are to derive the Marshallian demand functions for `x1` and `x2` and determine how much of each good will the consumer purchase if `I = 8`, `p1 = 1` and `p2 = 4`.Solution:The consumer’s problem is to maximize their utility function `u = x1 * x2` subject to the budget constraint `p1 * x1 + p2 * x2 ≤ I`.The Lagrangian function `L` is given by;`L = x1 * x2 + λ [I − p1 * x1 − p2 * x2]
`Differentiating the Lagrangian function with respect to `x1`, `x2` and `λ` we get;`∂L/∂x1 = x2 − λp1 = 0` …..(1)`∂L/∂x2 = x1 − λp2 = 0` …..(2)`∂L/∂λ = I − p1 * x1 − p2 * x2 = 0` …..(3)Solving the above equations for `x1`, `x2` and `λ` gives the Marshallian demand functions.`x1 = I/(2 * p1)` and `x2 = I/(2 * p2)`Therefore, the demand functions for x1 and x2 are given by;x1 = I/(2 * p1) …..(4)x2 = I/(2 * p2) …..(5) Substituting the given values, `I = 8`, `p1 = 1` and `p2 = 4` into equations (4) and (5) above;x1 = 8/(2 * 1) = 4x2 = 8/(2 * 4) = 1 The consumer will purchase `4` units of `x1` and `1` unit of `x2` if `I = 8`, `p1 = 1` and `p2 = 4`.
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One of the primary goals of farmer movements during the late nineteenth century was:
A) limitations on crop production.
B) the end of sharecropping.
C) regulation of the railroads.
D) support for a deflationary monetary policy.
E) maintenance of the gold standard.
Answers
During the late nineteenth century, regulation, particularly regulation of the railways, was one of the main objectives of farmer movements.
One of the primary goals of farmer movements during the late nineteenth century was regulation, particularly regulation of the railroads. While limitations on crop production and the end of sharecropping were important issues for farmers, their main focus was on seeking government intervention to regulate the railroad industry and prevent monopolistic practices that were hurting their ability to transport and sell their crops.
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NEED HELP!!
Taxes are payments to the blank the are required by law. You need to file a tax return each blank.
Answers
Answer:
year
Explanation:
Answer:
Government and year I believe
Compare two similar companies or products based on their consumers (audience), costs, communications (customer service), and convenience (relevance). When you are finished comparing, explain which product is better for people like yourself.
Answers
Answer:
i need this too
Explanation:
The flowchart above illustrates which type of organizational message?
a.
upward
b.
lateral
c.
grapevine
d.
downward
Answers
Answer:
upward is the correct answer
The demand curve intersects the natural monopolist's long-run average total cost curve at a point where long-run average total costs are still falling, due to ______.
Answers
The demand curve intersects the natural monopolist's long-run average total cost curve at a point where long-run average total costs are still falling, due to economies of scale.
What are economies of scale?Economies of scale are the advantage of the cost that the enterprise gets due to the operation's scale.
The simple meaning of economies of scale is to get more profit by doing simple things, such as buying in bulk, etc.
Scale can be increased by lowering the cost per unit of output.
Thus, the correct fill the blank is economies of scale.
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When aksed if a company should drop a product, a segment or line of business, what is a key question that should first be asked?.
Answers
The key question that should first be asked will be: Will any of the fixed costs go away? If not, ignore them in the decision process.
The fixed cost of a business needs to be decreased if a company is not generating the desired output. Whatever strategy you formulate for increasing the output or decreasing the input should focus on lowering the fixed cost.
You should take the necessary step of either finishing just a product, a line of business depending on the strategy which will make the fixed cost go away. Normally, a fixed cost remains unchanged unless a product or a line of business is dropped.
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Economies of scale give an advantage to what type of company? A. A company with a small number of employees B. A company that makes many sales C. A company with many variable costs D. A service-based company.
Answers
Answer:
B. A company that makes many sales
Explanation:
I got the answer right on Edge.
personalization technologies used on amazon demonstrate the use of centricity. a. human b. online c. group d. technological
Answers
Personalization technologies used on Amazon signify the use of A: human centricity.
Personalization technology refers to a group of software tools that collect, store, and manage client data in order to orchestrate personalized experiences.
Personalization can take various forms, from customizing products to leveraging artificial intelligence and technology and providing strong in-store personal relationships. Therefore personalization technology is said to be human-centric because it offers products based on the choices of users. Amazon, an app that offers users an online purchasing facility, shows users products according to their choices.
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Hello today January 1 happy new year
Answers
Answer:
Happy New Year
Explanation:
Which of the following is NOT true about the Free Application for Federal Student Aid (FAFSA)?
You can fill out the FAFSA if you are an independent or a dependent.
The earliest you can submit your FAFSA is January 1st of each year.
You can fill the form out online or on paper.
Each state may have a different deadline for state financial aid.
Answers
Answer:
A
Explanation:because its true
unlike balance of trade, the balance of payments includes:____.
Answers
The balance of payments covers not only commodities and services transactions (balance of trade), but also financial activities like investments, loans, and transfers.
It depicts the net influx or outflow of financial resources and provides a comprehensive view of a country's economic dealings with the rest of the globe. The balance of payments is a record of a country's foreign transactions over a set period of time, often a year or a quarter. It encompasses both the trade balance and financial transactions. The trade balance is the difference between a country's exports and imports of products and services. The balance of payments also includes financial asset and liability transactions such as investments, loans, and cash transfers. These financial transactions can result in either a net inflow of financial resources, known as a surplus, or a net outflow of financial resources, known as a deficit. The balance of payments of a country is significant because it reveals information about its economic stability, competitiveness, and capacity to access foreign money. A balance-sheet excess.
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Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?
Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options
Answers
Answer:
Type a question in the “Tell me what you want to do” box.
Explanation:
Did the test myself and got it right.
Answer:
click the tell me what to do box
Explanation: