The confirmation of customers' accounts receivable rarely provides reliable evidence about the completeness assertion because:_______.
a. recipients usually respond only if they disagree with the information on the request.
b. auditors typically select many accounts with low recorded balances to be confirmed.
c. many customers merely sign and return the confirmation without verifying its details.
d. customers may not be inclined to report understatement errors in their accounts.

Answers

Answer 1

Answer:d

Explanation:maybe


Related Questions

Suppose you are travelling in France, and you want to purchase a botte of wine that costs 20 euros. The exchange rate is 0.90 euros per dollar. In U.S. dollars this wine would cost:

Answers

In US dollars, the wine would cost $22.22.

Exchange rate is the rate at which the currency of one country is exchanged for the currency of another country. Based on the information provided in the question, $1 exchanges for 0.90 euros.

Value of the wine in dollars = cost of win in euros / exchange rate

20 /0.9 = $22.22

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Suppose the customer data analysis software used by ABC Bank is significantly changed, and its documentation is therefore revised, but no new features are added. This type of maintenance is called a _____.

Answers

Based on the information given this type of maintenance is called a maintenance release.

A maintenance release is a release which help to make correction on security issues such as threat  or vulnerability without modifying or adding new features to the software.

Maintenance release help to fix or repair programming errors that  occur during the software life cycle stage or programming error that occur due to mistake during the requirement stage validating process.

Software that are released often undergo a maintenance release so as  detect and fix any error or bug that was detected.

Inconclusion this type of maintenance is called a maintenance release.

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the most common definition that monetary policymakers use for price stability is

Answers

Answer:

A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal

Explanation:

PA BRAINLIEST

If the reserve ratio is 20%, and the money supply increases by $100,000 because of open-market operations, then the Federal Reserve made a purchase of $_____ in Treasury bills.

Answers

Answer:

$20,000

Explanation:

have anyone seen the new resident evil welcome to raccoon city trailer if anyone answer this will get brianlist

Answers

Answer:

Explanation:

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each of the statements shown is characteristic of a phase in the development of a competitive market industry. please classify each statement as a cause of firms exiting the market, the number of firms in the market remaining stable, or firms entering the market.

Answers

Firms would exit the market in the following circumstances:

Price is less than average cost Firms post an economic loss.

The market would remain stable in the following circumstances:

No firms earn economic profit

Firms would enter the market in the following circumstances:

Price is greater than average cost.Firms earn both economic profit and accounting profit.

A competitive market industry is characterised by many buyers and sellers of identical goods and services. Market price is set by the forces of demand and supply.

In the long run, firms would earn only accounting profit. If a firm earns economics profit in the short run, firms would enter the industry in the long run. This would reduce economic profit to zero.

In the short run if firms earn economic loss, in the long run, firms would leave the market. As a result, economic profit would rise to zero.

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What are junk bonds?

Answers

Answer:

a junk bond is an investment in debt. A company or a government raises a sum of money by issuing IOUs stating the amount it is borrowing (the principal), the date it will return your money (maturity date), and the interest rate (coupon) it will pay you on the borrowed money.

if you are married with young children and make $75,000 per year, how much term life insurance should you have?

Answers

Answer:

you'd buy $1,275,000 in life insurance. With this amount of coverage, your beneficiary should be able to replace your income with interest and dividends earned from investing the life insurance proceeds make sure it covers 10 or 12 x more then whats already covered

Explanation:

A stock dividend causes a stockholder's percentage ownership in a company to ______. Multiple choice question. remain the same decrease increase

Answers

The stock dividend causes the stockholder's percentage ownership in a company to remain the same.

Basically, the stock dividend refers to the amount paid as part of profit distribution to the shareholders of a corporation.

Stock dividend are paid to stockholders who hold a unit of share with the corporation.

The stock dividend does not affect the percentage of ownership in the firm because it is paid directly to the stockholders

Therefore, the Option B is correct.

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Since they filed bankruptcy in the past, a couple ends up paying a 12% fixed rate for a 30 year mortgage. With a better credit rating, they could have gotten the loan at a rate of 8%. If their loan amount is $140,000, how much more per month will the couple be paying for their mortgage as a result of their bankruptcy? a. $137,532. 67 b. $412. 79 c. $1,440. 06 d. $260. 37 Please select the best answer from the choices provided A B C D.

Answers

Based on the scenario given , we can see that because the couple have already filed for bankruptcy, there is a 12% fixed rate for a 30 year mortgage, therefore, if they got 8% loan rate and the loan amount is $140, 000, then the amount which they would be paying more would be $412.79.

As a result of this, we can see that their extra amount which they would pay is to first calculate the total loan tenure which is 30 x 12 = 360 months.

Next would be to find the new monthly payments from the better credit rating and it would be $1,027.27

Next, we would factor in the bankruptcy factor which  would be 0.01.

Next, we would calculate the monthly payments would be $1,440.06

Finally, we would find the difference between the excess payment which would be $1,440.06 - $1,027.27

Therefore, the correct answer is $412.79

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Answer:

✅ B. $412.79

i got it right⬇️

the ________ step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.

Answers

Based on marketing strategy, the Closing the sale step in the selling process is often stressful for salespeople, since one of the possible outcomes is that the salesperson goes away empty-handed.

Closing the sale step is one of the steps in the sales process that salespeople use to market their products.

Closing the sale step includes various steps such as the following:

Carrying out pre-sale research. Meeting and greet. Ask for the sale.Follow-up.

Hence, in this case, it is concluded that the correct answer is "Closing the sale."

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_____ is the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes.

Answers

The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

Profit can be defined as the amount of money earned after deducting all expenses.

A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.

In another word profit is the revenue generated after paying out all costs such as:

Interest costsTaxesLabor costsMaterial costs  etc

Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.

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Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25 an hour and he receives a paycheck every two weeks.

Compute his biweekly net pay using the following directions. Found all answers to the nearest cent.

Biweekly Grossy pay $____
Withholding:
Fed income tax (5.0%) $___
State income tax (5.6%) $___
Social security (6.20%) $___
Medicare (1.45%) $____
Union dues (1.0%) $____
Total $___
Biweekly gross pay $____
Minus total withholding -$___
Biweekly net pay $____

Answers

Answer:

tax (5.0%) $___

State income tax (5.6%)

Minus total withholding -$___

Biweekly net pay

Explanation:

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supportive, value-based, and work facilitation are examples of the ________ element in house’s revised path-goal leadership model.

Answers

Based on the components of the path-goal leadership model, supportive, value-based, and work facilitation are examples of Leadership behaviors elements in the House’s revised path-goal leadership model.

The other significant elements in House's revised path-goal leadership model include the following:

Follower's characteristics;Task Characteristics.

House R.J was 1971 started these elements in his work titled "A Path-Goal Theory of Leader Effectiveness."

These elements define a different aspect of effective leadership.

Hence, in this case, it is concluded that the correct answer is "Leadership behaviors."

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At his sales firm, Angus tends to have a negative attitude and deflates his group members by being hostile toward their ideas and accomplishments. Angus fills the individualistic role of

Answers

Based on the way he acts towards his colleagues and the effect it has on them, we can infer that Angus is playing the role of Aggressor.

An aggressor:

Behaves in such a way as to dominate others and subjugate them Behaves in a hostile manner and are usually negative Aims to stir up conflict

In being hostile to his colleagues, Angus is trying to subjugate them and stir up negative feelings in the workplace which is what an aggressor would do.

We can therefore conclude that Angus is an aggressor.

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Sales revenues are usually considered earned when.

Answers

Answer:

Revenues, which are derived from an entity's main activities such as the sale of merchandise or the performance of service, are considered to be earned when the earning process has been substantially completed.

Explanation:

what is a signed affidavit verifying self employment

Answers

a sworn statement and written legal document that is under the oath of law typically used to show a court proof of employment

The _____ is a firm that originates an idea for a business and develops operational methods to run the business.

Answers

Answer:

Franchisor

Explanation:

The franchisor is a firm that originates an idea for a business and develops operational methods to run the business.

granting a pharmaceutical company a patent for a new medicine will lead to

Answers

Doing such to a pharmaceutical company would lead to option b:  (i) and (ii) only:

A product that is priced higher than it would be without the exclusive rights.Incentives for pharmaceutical companies to invest in research and development.

When a pharmaceutical company gets a patent, they will become a monopoly for the medicine in question. This will allow them to charge a higher price for the drug seeing as they have no competition.

It will also act as an incentive to other companies to develop more drugs because they will get a chance to benefit alone from the drug.

In conclusion, such a patent would lead to a higher price and act as an incentive.

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why does having a higher deductible lower your insurance premiums?

Answers

Answer: That's because you're agreeing to take on more of the cost of the damage.

Explanation: the lower you set your deductible, the more you'll pay for car insurance, because you'll be paying less out of pocket. I think <3

operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.

Answers

It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.

A decentralized organization simply means an organization where the decisions are made by the low-level managers.

Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.

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If a rental space measures 40 feet by 40 feet, what would the monthly rent be per square foot if the monthly rent totals $2,000

Answers

Square feet = Length x width:

Square feet of the space = 40 x 40 = 1600 square feet

Cost per square foot = cost / area

Cost per square foot = 2000 / 1600 = $1.25 per square foot

which general staff member directs management of all

Answers

Answer:

manager

Explanation:

answer: manager explanation:

When the Fed buys federal government securities on the open market from commercial banks, then, over time, the:

Answers

Increases the reserves of commercial banks.

Open market is one of the monetary policies of the federal government to regulate the supply of money in an economy.

When the Fed buys federal government securities on the open market from commercial banks, the reserves of commercial banks increases thereby enabling banks to have more funds to grant loans and investments.

Fed buying federal government securities such as government bond, adds money to the system, making loans easier to obtain and interest rates decline.

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Trainor Sports recently issued 25,000 shares of its $12 par value common stock for $450,000. Which amounts represent legal capital and total paid-in capital, respectively

Answers

The amount that represents legal capital is $300,000 and the amount that represents total paid-in capital is $450,000.

The legal capital is the amount that is based on the par value or stated value of the common stock per share. For example, in this case, the par value per share is $12.

The legal capital is obtained as the sum of 25,000 shares x $12, which is $300,000.  The difference of $150,000 ($450,000 - $300,000) is the additional paid-in capital.

Thus, the total amount of $450,000 is the recently issued total paid-in capital for Trainor Sports.

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The amounts that represent legal capital and total paid-in capital, respectively are: $300,000; $450,000.

a. Legal fees

Using this formula

Legal capital=Number of shares× Per value

Let plug in the formula

Legal capital=25,000×$12

Legal capital=$300,000

b. The total paid-in capital is $450,000 reason being that $12 par value common stock was issued at cost of $450,000.

Inconclusion the amounts that represent legal capital and total paid-in capital, respectively are: $300,000; $450,000.

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The ______ period rate of return is simply the rate of return over some arbitrary investment period.

Answers

Answer: holding

Explanation:

When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.) Multiple select question. adding the preferred stock balance to total stockholders' equity subtracting preferred stock dividends from net income subtracting the preferred stock balance from total stockholders' equity adding the preferred stock dividends to net income

Answers

With both common and preferred stocks, the company's ROE must be adjusted by B. subtracting preferred stock dividends from net income and C. subtracting the preferred stock balance from total stockholders' equity.

ROE means Return on Equity.  It refers to the financial measure that determines the profitability of Common Stockholders' investments versus the profits due to them.

Thus, to arrive at the ROE, the preferred stock dividends must be deducted from the net income, and the resulting figure is divided by the balance of the total stockholder's equity after subtracting the preferred stock.

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On August 1, a $58,800, 9%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $23,229.22. The entry to record the first payment on July 31 would include:

Answers

Based on the information given the entry to record the first payment on July 31 would include: Debit to Interest Expense of $5,292.00.

The appropriate journal entry to record the first payment on July 31 based on the information given is:

Journal entry

July 31

Debit Interest Expense $5,292.00

($58,800×9%)

Debit Notes Payable $17,937.22

($23,229.22-$5,292.00)

Credit Cash $23,229.22

(To record first payment)

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the purpose of the financial accounting standards board is to ______.

Answers

The aim of the financial accounting standards board is to improve financial accounting and reporting standards.

The financial accounting standards board simply means an organization whose purpose is to develop generally accepted accounting principles.

The financial accounting standards board improve financial accounting and reporting standards. It also provides useful information to investors.

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Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill

Answers

Answer:

Walking or using of bicycle

Explanation:

Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise

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