Answer:
False
Explanation:
In the case when the tax burden increased so the role of the auditor is to audit the financial statements of the company and based on this they given the opinion that could be either favorable or unfavorable also they look into the operational effectiveness and efficiency but the role of the auditor is not increasingly important as for the tax purpose the tax accountant should be considered such as Chartered accountant, etc
Answer:
a. Debit to Bad Debts Expense of $26,600
Explanation:
The computation of the bad debt expense is shown below:
= Allowance for uncollectible accounts - credit balance of allowance for uncollectible accounts
= $31,400 - $4,800
= $26,600
Hence, the first option is correct
I think the most appropriate answer would be D.
I hope it helped you!
Based on the organizational activities model, the importance of stationery and information sources in the effective and efficient operation of an organization includes "<u>the source of quality and quantity data on the production input</u>."
Some other importance of stationery and information sources in the effective and efficient operation of an organization includes the following:
- It serves as the place to gather data about the strengths and weaknesses of the firms.
- It is also the source to gather the information opportunities and threats of the organizations.
- It is also a source of keeping records of finance, employees, success, and failures of the firms.
Hence, in this case, it is concluded that the stationery and information sources in an organization are vital to its success.
Learn more here: brainly.com/question/25264343
Answer:
Index.
Explanation:
Mutual funds are a type of investment that takes money from many investors and uses it to make investments based on a stated investment objective.
An index fund is a type of mutual fund with a portfolio constructed to match or track the components of the market index. These are mutual funds whose holdings aim to track the performance of a specific stock market index. Index funds also track bonds, real estate, and other types of assets. These funds are lower cost than other types of funds.