1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
2 years ago
5

Does audit service needed in Auchi polytechnic student union government of yes why

Business
1 answer:
ladessa [460]2 years ago
7 0

Yes audit service is needed in the Union government of this school called Auchi polytechnic.

<h3>What is audit?</h3>

This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.

It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.

It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.

Read more on audit here:

brainly.com/question/7890421

#SPJ1

You might be interested in
Value:
Simora [160]

It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.

<h3>What is a Trial Balance?</h3>

Please, note that the original worksheet is not attached, hence the general answer.

This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.

Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.

See the link below about Trial Balance:

brainly.com/question/24914390

6 0
3 years ago
Merchandise sold FOB destination indicates that: Multiple Choice The seller transfers title to the buyer once the merchandise is
bekas [8.4K]

Answer:

The seller transfers title to the buyer once the merchandise is shipped

Explanation:

Free onboard shipping point refers to a practice where the buyer of a product takes responsibility of the good once it is shipped by the seller.

So when the supplier ships a product he can record a sale because the ownership of the good has been shifted to the seller abd he will be paid for services rendered.

The buyer will record an increase in his inventory at this point and make provision for risk of shipping along with shipping cost.

3 0
3 years ago
Suppose a market is initially in equilibrium and demand decreases. The producer surplus will:_____.
ladessa [460]

Answer:

c. be lower since the price is lower and equilibrium moves down along the supply curve.

6 0
3 years ago
1.) What are the three personal traits that help you most in the business world?
Kamila [148]

Answer:

Curiosity. Technology develops at different rates and in different ways around the world.  

A Sense of Impatience. Entrepreneurs need impatience in order to recognize inefficiencies  

Sociability. It’s important for any entrepreneur to have a good network of like-minded people to

Explanation:

8 0
3 years ago
Help-. You and a friend are designing and selling artisan smartphone covers. The covers are decorated with tiny manufactured rhi
GuDViN [60]
I believe it would be capital.  You have to invest in the jewels to complete the cases.
8 0
3 years ago
Other questions:
  • The jewels that a jewelry maker uses for his necklaces are becoming harder to find. Because of this he has to raise the price of
    10·1 answer
  • An indifference curve shows all 1. possible equilibrium positions on an indifference map. 2. equilibrium combinations of two pro
    10·1 answer
  • Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine
    9·1 answer
  • Three airlines account for most of the air traffic in and out of a local city. If the three airlines joined together in setting
    10·1 answer
  • 1) ________ refers to the means by which firms attempt to inform, persuade, and remind consumers—directly or indirectly—about th
    9·1 answer
  • Zero Corp. suffered a loss having a material effect on its financial statements as a result of a customer’s bankruptcy that rend
    9·2 answers
  • The Rose Co. has earnings of $1.40 per share. The benchmark PE for the company is 15. What stock price would you consider approp
    7·1 answer
  • Wizard Corp. needs to take out a one-year bank loan of $600,000 and has been offered loan terms by two different banks. One bank
    9·1 answer
  • What causes the Tragedy of the Commons? a. Social and private incentives differ, and common resources are not rival in consumpti
    5·1 answer
  • The FED is often referred to as the "_________________" Bank.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!