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ella [17]
2 years ago
10

__________ involves the review and evaluation of the records and processes that are used to prepare the organization's financial

statements.
Business
1 answer:
lyudmila [28]2 years ago
7 0

Answer:

this is a Financial audit

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Jole Co. lent $10,000 to a major supplier in exchange for a non interest bearing note due in three years and a contract to purch
bearhunter [10]

Answer: a. . Both discount on note receivable and deferred charge.

Explanation:

To correctly account for this transaction both the discount and the deferred charge should be recorded.

The note is a non-interest bearing note which means that profit will only be made on it if it was bought on a discount with the full amount due for refund at maturity. To correctly account for this then the discount rate must be recorded to ensure that the discount is recognized.

Jole Co. also made a commitment to purchase a fixed amount of goods at 10% which means that there is now a purchase commitment which has to be recognized in the books so they must record that deferred charge as well.

4 0
3 years ago
Which two answers identify the two middle core processes, i.e. core process 3 and 4? (choose two)​
Maksim231197 [3]

Answer:

c. ​ Understand the details of the problem

d. ​ Design the components

Explanation:

Systems development life cycle (SDLC) consists of six main phases:

  1. System planning
  2. System analysis: involves understanding the details of the problem to be solved by the proposed system. What are the end-users' requirements and expectations?
  3. System design: involves designing the components, elements interfaces and architecture of the proposed system.  
  4. System implementation and deployment
  5. System testing and integration
  6. System maintenance

6 0
3 years ago
When leasing nonresidential properties,owners would prefer to rent exclusively to high quality tenants.Such owners will tend to
Inessa [10]

Answer:

B) credit tenants

Explanation:

  • A credit tenant is a nonresidential person who has entered and continued to be subject under the lease of the property and has a rating assigned to as investment grade and has the long term debt obligations.
  • A rating of BBB U.S rating grade is usually applied to them, the other agencies that give this rating score are credit rating agencies, are the Standard & Poor's (S&P), the Moody's, and the Fitch Group. S&P and the Moody's etc.
6 0
3 years ago
Local optimization is a supply-chain complication best described as: Select one: a. the opposite of the bullwhip effect. b. opti
tia_tia [17]

Answer:

letter b is correct.<em> Optimizing one's local area without full knowledge of supply chain needs. </em>

Explanation:

For supply chain management to be optimally optimized, global scope information is needed to make decision-making more secure. Information technology can be a good solution for providing relevant information that will help integrate supply chain components to help you make decisions and meet specific local area and supply chain needs.

5 0
4 years ago
How many denominations of currency are used today?
oee [108]

Answer:

there are seven used today

6 0
3 years ago
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