Answer:
a) true
Explanation:
Internal control system is the whole system of control financial and otherwise established by management in order to carry on the business of the enterprise in an efficient and orderly manner and to secure the integrity of the records and books of accounts.
The internal control is a management control tools used to ensure efficiency in operations.
Answer:
D. all of the above.
Explanation:
Allowance for doubtful accounts or Uncollectible accounts: It is that account in which the estimation amount would be recorded which can be received or not depending upon the circumstances.
It generally has a credit balance. Moreover, it also has a contra account as it deducted from the accounts receivable ending balance which is shown under the asset side of the balance sheet.
Thus, all the given statements are true.
Answer:
Weather, Car, house, and appliances.
Explanation:
Its simple
Answer:
b. $150,500
Explanation:
debit/capital = $185000/$610000
= 30%
target debt is 55%
debt/capital = 0.55
let the new debt be Y
Y/$610,000 = 0.55
Y = $335,500
excess debt need by company = $335500 - $185000
= $150500
Therefore, The debt that the company must add to achieve the target debt to capital ratio is $150500.
Answer: C. Use a mix of serif and sans serif fonts for the text.
Explanation:
The good guideline to follow regarding the use of handouts are making sure that all elements are aligned appropriately with other elements, never distribute a handout after the beginning of a presentation and by making sure that the handouts have an obvious front door and clear pathway.
The option about using a mix of serif and sans serif fonts for the text is not good. This is because the preferred font is usually Times New Roman.
