Answer: C - Valuation & Allocation
Explanation: Auditors review of a company's shipping documents & invoices is to ascertain the correctness of the figures in the financial statement.
Auditors will have to value the transaction using the invoices and other documents available for the transaction and to to verify that the costs are allocated correctly.
Answer:
d. Debit to Interest Receivable of $6,510.
Explanation:
To interest receivable = $180,000 * 6.2% = $11,160
Interest receivable for 7 months (June 1 - December 31) = $11,160 * (7/12) = $6,510
Therefore, the proper adjusting entry at December 31, 2018, with regard to this note receivable includes a <u>debit to Interest Receivable of $6,510</u>.
Answer:
Here the correct option is A) both net export and investment.
Explanation:
When ever there is fall in the price level, it causes a fall in the price of domestic exports to other nations and on the other hand causing rise in price of foreign imports from other nations , so from this it results in the increase in exports and decrease in import of the nation, which leads to increase in net export ( which is export - import ). When there is decrease in price level, making investment would become cheaper and more investment could be made in the opportunities available.
Answer:
a)
Explanation:
money is a valuable because it is backed by gold
Answer: C. the firm can acquire other firms with innovative products instead of allocating capital to research and development
Explanation:
Unrelated Diversification is regarded as a diversification which takes place when a company adds an unrelated product to its business. For example, when an television manufacturer enters into a clothing business.
A firm practicing unrelated diversification can make better capital allocations to its subsidiary businesses than the external capital market can for all the following reasons except when the firm can acquire other firms with innovative products instead of allocating capital to research and development.
