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Tju [1.3M]
2 years ago
8

Does Audit services needed in Auchi polytechnic student union government? If yes,why

Business
1 answer:
Zepler [3.9K]2 years ago
3 0

Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

.

<h3>What is the student union?</h3>

The student union is known to be a body that is composed of student of any university, polytechnic or college institution.

It is known to be a body that is autonomous and one whose internal life set up its own by-laws.

Note that the student unions are often allocated funds by the university or polytechnic  and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.

Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

Learn more about student union government from

brainly.com/question/14856644

#SPJ1

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Only one recording of a given sound could be made; copies were not possible. 
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On January 1, Avers Co. borrowed $10,000 cash from Main St. Bank by signing a 60-day, 8% interest-bearing note. On March 1, Aver
balandron [24]

Answer:

Notes Payable, $10,000

Explanation:

The journal entry when the amount is borrowed is as:

On January 1

Cash A/c.........................Dr  $10,000

      Notes Payable A/c......Cr  $10,000

Being amount borrowed from bank by signing the note

The journal entry which is to be recorded when made payment in full

On March 1

Notes Payable A/c...............................Dr   $10,000

Interest A/c............................................Dr    $133

     Cash A/c..................................................Cr    $10,133

Being the amount paid in full

Working Note:

Interest = Amount borrowed × 8% × Days / Number of days

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3 years ago
A company's international marketing group asked the following question to residents of 50 countries: "What has been your experie
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Experience with American products is Good to Excellent

Explanation:

Are these data qualitative or quantitative?

Yes, Qualitative

Are these data discrete or continuous?

Neither: Discrete or Continuous

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The highest level of measurement the data possesses is Ordinal

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3 0
3 years ago
Assume the spot exchange rate for the Hungarian forint is 267.767 HUF. Also assume the inflation rate in the United States is 1.
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Answer: 283.322 HUF

Explanation:

Following the information given in the question, the following can be deduced:

Spot rate = 267.767

Foreign currency interest rate (rf) = 1.6%

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Number of years (n) = 3

Therefore, the expected exchange rate 3 years from now will be calculated as:

= Spot × (1+(rh - rf))^n

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= 267.767 × [1 + (0.035 - 0.016)]³

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Therefore, the expected exchange rate 3 years from now will be 283.322 HUF.

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3 years ago
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Answer:

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