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2 years ago

What are some ergonomic considerations for auditors?

1 answer:

6 0

Some ergonomic considerations for auditors include safety, comfort, efficiency in performance, and efficiency in productivity to name a few.

<h3>Who is an auditor?</h3>

A professional who is involved in the scrutiny of the financial statements and records of an organization and the one who is responsible for verification of actual transactions with business records, is an auditor.

Hence, the significance of an auditor is aforementioned.

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For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot b

Svetllana [295]

For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.

Seller must apply different estimation methods which are consistent to similar circumstances of the not availability of stand alone price.

Different methods which can be used for estimating the stand-alone selling price of a good or service include the following:

Expected cost plus margin

Adjusted market assessment

Residual value.

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4 0

2 years ago

Why do you think people persist in buying cash-value life insurance when, in most cases, they would be better off buying term in

DaniilM [7]

Answer and Explanation:

A cash-value life insurance policy appeals to some because it doesnt seem like a waste of money because of the savings/investment element of the policy. other benefits include that it does not have to be renewed and coverage stays for life.

5 0

4 years ago

Buildtron inc., a construction firm, is in need of a construction superintendent, whose primary responsibilities involve organiz

KATRIN_1 [288]

The appropriate response is Content Validity. It is a critical research approach term that alludes to how well a test measures the conduct for which it is expected. For instance, suppose your instructor gives you a brain research test on the mental standards of rest.

5 0

4 years ago

Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $184,000

lana [24]

Answer:

$84,250

Explanation:

The computation of the estimated inventory loss is shown below:

= Opening Inventory + Purchases - Cost of Sales

where,

Cost of sales is

= $494,000 ×100 ÷ 160

= $308,750

And, the opening inventory is $184,000

And, the purchase is $209,000

So, the estimated inventory loss is

= $184,000 + $209,000 - $308,750

= $84,250

We simply applied the above formula so that the estimated inventory loss could arrive

7 0

3 years ago

Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $1

kicyunya [14]

Answer:

Zoo Inc.

Cash budget for the month of March

Amount in $

Beginning cash balance 27,000

Add:

Cash receipts 106,000

Total cash available 133,000

Less:

Cash disbursements (93,000)

Ending cash balance before borrowing 40,000

Desired ending cash balance <u> 65,000</u>

Cash excess (deficiency) <u>(25,000)</u>

The borrowing required to attain desired ending cash balance is $25,000

Explanation:

Cash budget is a forecast of the net cash flows to/from an entity over a given period of time.

Details of the cash budget include the opening cash balance, the expected expenses or outflows of cash, the expected inflows and the closing balance expected as a result of the three (3) items mentioned earlier.

7 0

3 years ago