Answer:
b. As inherent risk goes up, audit risk goes down.
Explanation:
Inherent risk is the risk which is present before applying any control, and audit risk is the that the auditor expresses inappropiate audit opinion when the financial statements are materialy misstated.
Thus, when the inherent risk is <em>high</em>, the auditor keeps the audit risk at <em>low </em>level to perform more subtantative procedures.
Answer: countries would purchase microchips from japan because they are cheaper
Explanation:
Answer:
$40
Explanation:
The computation of the premium pay for the next year is shown below:
= Estimated medical bills × given percentage for next year
= $4,000 × 1 %
= $40
By multiplying the estimated value of medical bills with the next year given percentage, the premium for the next year can come
All other information that is given in the question is not relevant. Hence, ignored it
Answer:
A. Dr Depreciation Expense $2,123
Cr Accumulated Depreciation $2,123
B. Dr Cash $13,860
Dr Accumulated Depreciation$13,211
Cr Machiner$26,400
Cr Gain on Disposal of Machinery$671
Explanation:
Preparation of the journal entries to (a) update depreciation for 2021 and (b) record the sale.
A. Preparation of the journal entries to (a) update depreciation for 2021
Dr Depreciation Expense $2,123
Cr Accumulated Depreciation $2,123
(3185*8/12)
B. Preparation of the journal entries to record the sale
Dr Cash $13,860
Dr Accumulated Depreciation$13,211
($11,088+$2,123)
Cr Machiner$26,400
Cr Gain on Disposal of Machinery$671
[($13,860+$13,211)+$26,400]
Answer: to establish the layout of all slides, or a group of slides, in a presentation.
to determine the theme of all slides, or a group of slides, in a presentation.
to allow users to apply changes in layout or theme to an entire presentation.
Explanation:
It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.
The phrase best describes the purpose of a slide master include:
• to establish the layout of all slides, or a group of slides, in a presentation.
• to determine the theme of all slides, or a group of slides, in a presentation.
• to allow users to apply changes in layout or theme to an entire presentation.
Therefore, the correct options are C, D and F.