<h2>human element; collusion</h2>
Explanation:
Let us understand the act of collusion.
A secret agreement between two person or two parties to involve themselves in fraud act.
Here the situation is, the clerk has not received raise in salary. So he want to take revenge and has plan to sell the office items for his personal gain. So this is an act of collusion.
<u>Another real life example:</u>
A deal between supplier and retailer to increase the price illegally to have personal benefits.
Let us understand the term human element in a positive way
Human element is the organized way of approach by teams and individual to achieve organizational goals.
Answer:
the market price per share be after the split is $47.35
Explanation:
Given data
share = 148000
current market value = $11.68 million
capital in excess = $1.7 million
common stock =$148,000
to find out
market price per share
solution
we will find out market price by the given formula that is
market price / share = ( current market value / share ) × 3/5
put here all these value to get the market price
market price / share = ( 11.68 million / 148000 ) × 3/5
market price / share = 47.35
so the market price per share be after the split is $47.35
The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,
in accordance with International Financial Reporting Standards or another recognized financial reporting framework.
<h3>What is the primary motive of monetary statements?</h3>
This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.
Learn more about financial statement audits here:
<h3>
brainly.com/question/20713734</h3><h3>#SPJ4</h3>
Answer:
B. $600
Explanation:
The average cost method assigns a cost to inventory items based on the total cost of goods purchased (or produced) in a period divided by the total number of items purchased (or produced). Weighted Average Unit Cost is calculated by following formula:
Weighted Average Unit Cost = Total Cost of Inventory
/Total Units in Inventory
Total value purchased in July = $1,400+$220 = $1,620
Weighted Average Unit Cost = ($380+$1,620)/100 = $20
Ending inventory = 30 x $20 = $600
Noted: The company did not have date of selling merchandise. In the situation, assuming that the company uses periodic inventory system.
Answer:
Efficiency is often measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r=P/C, where P is the amount of useful output ("product") produced per the amount C ("cost") of resources consumed.
Hope it helps.