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sasho [114]
2 years ago
5

Data classification for retention of information is typically ______ for financial and tax records?

Business
1 answer:
natali 33 [55]2 years ago
3 0

Data classification for retention of information is typically for 7 years of financial and tax records.

Accounting records are the  documents and books involved in the preparation of financial statements of any organization.

Similarly tax records means the transcripts of all the tax returns previously submitted taxes.

Every organization is required to preserve the data records for at least 7 years not less than this.

This also includes the documents related to audit too.

To know more about tax records here;

brainly.com/question/16945607

#SPJ4

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Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1$32,4
nataly862011 [7]

Answer:

$128,900

Explanation:

Cost of goods sold calculation

Opening Finished goods inventory                  $32,400

Add cost of goods manufactured                    $122,900

Less Closing Finished goods inventory          ($26,400)

Cost of goods sold                                            $128,900

therefore,

The cost of goods sold for the year is $128,900.

3 0
3 years ago
For banquets, meals are placed on plates using a "plating belt" that moves plates past staff who place food on each plate. If pl
White raven [17]
<h2>Answer : Option A) 1 foot/second</h2><h3>Explanation :</h3>

If we consider that the plates are placed 2 ft apart and there has to be 1800 meals that needs to be delivered in an hour.

so if we multiply 2 ft and 1800 meals that is delivered in 1 hour,we get 2 X 1800 = 3600 meals in an hour.

If we try to accommodate the plates at each ft then there will be 3600 meals delivered in 1 hour.

we know that 1 hour has 3600 seconds in it.

So, here the distance is 1 ft, and speed has to be determined time is 1 hour = 3600 seconds

3600 meals / 3600  seconds = 1 foot per second.

OR 1800 meals set at 2 ft apart in 3600 seconds will give the speed of the belt as 1 foot per second.

(1 ft = speed X 1 hour)

<h2>so, the speed also will be 1 foot per second. </h2>
3 0
3 years ago
The most important labor force issue for developed economies is their _________ populations. global diverse aging all of these
dalvyx [7]
The answer here is ‘aging’.

I hope this can help.
4 0
3 years ago
Distinguish between the substitution and income effects of a price change. If a good’s price increases does each effect have a p
vesna_86 [32]
The economics concepts of income effect and substitution effect express changes in the market and how these changes impact consumption patterns for consumer goods and services. The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative prices. Different goods and services experience these changes in different ways. Some products, called inferior goods, generally decrease in consumption whenever incomes increase. Consumer spending and consumption of normal goods typically increases with higher purchasing power, in contrast with inferior goods.



Read more: What's the difference between the income effect and the substitution effect? | Investopedia http://www.investopedia.com/ask/answers/041415/whats-difference-between-income-effect-and-substitution-effect.asp#ixzz4wcsy3IOK
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7 0
3 years ago
Hours of labor or number of workers are common ways of measuring a company's_______?
SIZIF [17.4K]
<span>Hours of labor or number of workers are common ways of measuring a company's_______?
</span><span>
Productivity


</span>
4 0
3 years ago
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