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galina1969 [7]
2 years ago
8

Suppose there were several large outstanding checks on the year-end bank reconciliation that did not clear the bank by the cutof

f date. Discuss the possible cause(s) of this, and discuss the nature of the potential misstatement(s) that could result.
Business
1 answer:
BigorU [14]2 years ago
4 0

Insufficient funds and irregular signatures are reasons why a cheque may not be cleared in time.

<h3>What is a Cheque?</h3>

This can be defined as a written, dated, and signed instrument which directs a bank to pay a specific sum of money to the bearer.

Insufficient funds and irregular signatures may delay the clearing of cheque which is a result of human error and could lead to returning it.

Read more about Cheque here brainly.com/question/24555580

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What are the three riches nations in the world​
Rus_ich [418]

Answer:

1. Qatar

2. Macao SAR

3. Luxembourg

Explanation:

The 3 wealthiest countries in the world according to GDP (PPP) is Qatar - $134,623, Macao SAR - $122,201 and  Luxembourg - $108,813

5 0
3 years ago
Output range with increment of 10 5.15.1: Output range with increment of 10 Write a program whose input is two integers, and who
kvasek [131]

Answer:

// Program is implemented using Coral Programming Language

int X

int Y

int Sum

Put "Enter any two numbers" to output

x = Get next input

Y = Get next input

if Y < X

Put "Second integer can't be less than the first" to output

else

for Sum = X; Sum <= Y; Sum = Sum + 10

Put Sum to output

Explanation:

The above program is written using Coral Programming Language

The first line is a comment

The next 3 lines declares 3 integer variables

Which are X, Y and Sum

X and Y represent the two input numbers as seen on line 6 and 7

X, being the first and Y being the second

Line 8 tests the larger of the two numbers

If Y is less than X, the output is "Second integer can't be less than the first" without the quotes

Else

The last two lines perform iterative operations that assigns the addition of 10 and X to Sum

It continues printing sum as long as sum is less than the value of Y.

8 0
3 years ago
John bought 1,700 shares of Intel stock on October 18, 2015, for $44 per share plus a $750 commission he paid to his broker. On
Dvinal [7]

Answer:

Explanation:

A. John’s basis in the 1,000 shares of Intel stock is $45,750.

is the purchase price of $30,000 (i.e., 44 × $1,000) plus the $750 commission paid to the broker.

b.On the sale, John realizes $62500. This is the sales price of $63500 (i.e., 1,000 × $63.50)minus the transaction fee of $1,000.

c.John’s gain on the sale is $16,750 which is the amount realized minus his adjusted basis (i.e., $62500 – 45,750). The gain is a long-term capital gain because John held the stock for more than a year before selling

4 0
3 years ago
Quality control charts usually have a central line and upper and lower control limit lines. Which of the following is not a reas
In-s [12.5K]

Answer:

A) A single plot falls above or below the control limits

Explanation:

The whole idea behind quality control is to identify events that need corrective action in the production process. Quality control requires that all units are tested to determine if they meet the standard.

Any unit that falls below or above the control limits must be investigated and retested in order to determine why it occurred and how you can prevent it from occurring again.

4 0
3 years ago
. Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with pictur
astra-53 [7]

Answer:

There are many different price adjustment strategies which can be implemented in the current market.

Explanation:

Psychological pricing:

Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.

Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.

Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.

Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.

Geographical Pricing:

Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.

Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.

Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.

Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.

7 0
3 years ago
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