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seraphim [82]
2 years ago
13

A postaudit is a valuable process because blank______. multiple choice question. it forces companies to fire employees who made

poor estimates during the decision making process it gives managers something to do after they are done with the decision-making process actual values can be used to determine if the project is performing as expected
Business
1 answer:
salantis [7]2 years ago
5 0

A postaudit is a valuable process because Actual values can be used to determine if the project is performing as expected.

<h3>What is the purpose of the postaudit and audit process?</h3>

Postaudit is been done after an audit has been made to get the deep inspection needed about the project at hand.

Audit process help with the inspection of various books of accounts as well as other information that is needed to be go through as regards the project.

But with the postaudit,  Actual values can be known.

learn more about audit process at :

brainly.com/question/20713734

#SPJ1

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What is the starting salary for a bookseller? it's for a project. ​
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$18k–36kper year

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Define the term teamwork
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Answer:

helping and communicating

Explanation:

word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

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Read 2 more answers
You and your new spouse each bring home $1400 each month after taxes and other payroll deductions. By living frugally, you inten
Annette [7]

Answer:

22 months

Explanation:

The 20% down payment which is target savings =$165,000*20%=$33,000

The are two paychecks which is $1,400 each

monthly savings is one paycheck=$1,400

rate of compounding is 7.83% yearly=7.83%/12=0.006525  monthly

The number of months the savings will reach $33,000 can be computed using the nper formula in excel as shown below:

=nper(rate,pmt,-pv,fv)

rate is the monthly rate i,e 0.006525

pmt is the monthly savings of $1,400

pv is the present worth of the savings which is unknown

fv is the future value of target savings which is $33,000

=nper(0.006525,-1400,0,33000)=22 months approximately

4 0
3 years ago
In 2022, Company A had net credit sales of $2,250,000. On January 1, 2022, Allowance for Doubtful Accounts had a credit balance
Zielflug [23.3K]

Answer:

A credit entry of $96,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Given that Past experience indicates that the allowance should be 10% of the balance in receivables

Allowance = 10% * $600,000

= $60,000

Amount written off of $90,000 would have made the  balance in  the allowance for doubtful debts to

= $90,000 - $54,000

= $36,000 (Debit)

However, the balance in the account at the end of the year should amount to $60,000 hence the adjustments required

= $60,000 + $36,000

= $96,000 (credit)

5 0
3 years ago
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