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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

You might be interested in
An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi
aksik [14]

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

8 0
3 years ago
Presented below is the stockholders' equity section of Mead Corporation at December 31, 2006: Common stock, par value $20; autho
marishachu [46]

Answer:

a. $1,965,000

Explanation:

The computation of total stockholders' equity is shown below:-

Paid-in capital from Treasury Stock =  1,800 × ($30 - $28)

= 1,800 × $2

= $3,600

Retained earning = $500,000 + $450,000

= $950,000

Treasury stock = ((3,000 - 1,800) × $28)  + (3000 × 35)

= (1,200 × $28) + (3000 × 35)

= $33,600 + $105,000

= $138,600

Total stockholders' equity on December 31, 2007 = Common stock + Paid-in capital in excess of par value + Paid-in capital from Treasury Stock + Retained earnings - Treasury stock

= $900,000 + 250,000 + $3,600 + $950,000 - $138,600

= $2,103,600 - $138,600

= $1,965,000

So, we have applied the above formula.

8 0
3 years ago
Petra, Inc. has collected the following data.​ (There are no beginning​ inventories.): Units produced 580 units Units sold 580 u
Debora [2.8K]

Answer:

Operating income is $28,197.2

Explanation:

In order to calculate operating income, first we have to calculate total product cost per unit which is calculated as shown below:

Direct material per unit = $30

Direct labor = $35

Variable manufacturing overhead per unit = $10

Fixed manufacturing overhead per unit = 23,000 ÷ 580 = $39.66 per unit

Product cost per unit = 30 + 35 + 10 + 39.66 = $114.66

Now compute operating income as shown below:

Total sales = Per unit sales price × Units sold

                  = $230 × 580

                  = $133,400

Cost of goods sold = Units produced × product cost per unit

                                = 580 × 114.66

                                = $66,502.8

Gross profit = Sales - COGS

                    = 113,400 - 66,502.8

                    = $46,897.2

Fixed selling and administrative cost = $10,000

Variable selling and administrative cost = 15 × 580 = $8,700

Total selling and administrative cost = 10,000 + 8,700 = $18,700

Operating income = Gross profit - total selling and administrative cost

                               = $46,897.2 - 18,700

                               = $28,197.20

7 0
3 years ago
Ted's Manufacturing makes two products, B and C. They each take 2 direct labor hours and 2 machine hours to produce. A batch of
Delvig [45]

Answer:

a.

Explanation:

Based on the scenario being described within the question it can be said that the statement that is most likely true is that the product cost of product B will be higher under ABC than under traditional costing. This is because Activity-based costing (ABC) bases their overhead costs on the actual consumption by each while traditional costs  overhead is applied based on the amount of machine hours consumed. Therefore since product B is characterized as having lots of consumption then it's product cost will be higher under ABC costing.

3 0
3 years ago
The country of Leverett is a small open economy. Use the information provided below to answer the following questions about nati
oee [108]

Answer:

Explanation:

When Leverett's exports became less popular, its savings, Y-C-G does not change. Reason being that, it is assumed that Y depends on the amount of capital and labour, consumption depends only on disposable income and government spending is a fixed extrinsic variable.

Since investment depends on interest rate, and Leverett is a small open economy that takes the interest rate as given, thus investment also does not change . Neither does net export change (This is shown by the S-I curve in the attachment).

The decreased popularity of Leverett's exports leads to an inward shift of the net export curve inward. At the new equilibrium,net exports remains unchanged, though the currency has depreciated.

Leverett's trade balance remained the same, despite the fact that its exports are less popular, this is due to the fact that  the depreciated currency provides a stimulus to net exports which overcomes the unpopularity of its exports by making them cheaper.

b. Leverett's currency now buys less foreign currency, thus traveling abroad  becomes more expensive. This is an instance showing that imports (including foreign travel) have become more expensive- as required to keep net exports unchanged in the case of decreased demand for exports.  

8 0
3 years ago
Read 2 more answers
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