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1 year ago

Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.

1 answer:

7 0

Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.-- Existence and accuracy

What is an Accounts Receivable Confirmation?

When an auditor is examining the accounting records of a client company, a primary technique for verifying the existence of accounts receivable is to confirm them with the company's customers. The auditor does so with an accounts receivable confirmation

What does it mean to confirm account?

Account verification is the process of verifying that a new or existing account is owned and operated by a specified real individual or organization. A number of websites, for example social media websites, offer account verification services.

Learn more about Confirm account receivable:

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Answer:

The answer options are:

a. Attribution Share Alike

b. Attribution No Derivatives

c. Attribution Non-Commercial

d. Attribution Non-Commercial Share Alike

The correct answer is: d. Attribution Non-Commercial Share Alike.

Explanation:

Attribution - Non-Commercial - Share Alike (by-nc-sa): Commercial use of the original work or possible derivative works is not allowed, the distribution of which must be done with a license equal to the one that regulates the work original. This license is not a free license.

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3 years ago

Read 2 more answers

3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in invento

umka21 [38]

Answer:

selling the defective gloves as they are results in a $3,000 higher gain

Explanation:

the manufacturing costs of the defective gloves should be considered a sunk cost since they cannot be recovered:

alternative 1, sell defective gloves = $18 x 1,000 = $18,000 gain

alternative 2, repair the gloves and sell them at normal price = ($40 - $25) x 1,000 = $15,000 gain

alternative 1 (selling the defective gloves as they are) results in a $3,000 higher gain

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3 years ago

Resorts Corp. common stock is selling for $36.75 a share and has a dividend yield of 2.3 percent. What is the dividend amount?

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Answer:

The Annual dividend amount is: $36.75 x 2.3% = $0.85

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The dividend yield is the ratio of a company's annual dividend compared to its share price. The calculated formula of dividend yield as follows:

Dividend Yield = Annual Dividend / Share Price

Hence, Annual Dividend = Share Price x Dividend Yield

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3 years ago

ohn, 68, is currently enrolled in a Medicare Supplement Plan with a stand-alone Prescription Drug Plan. Newly diagnosed with a c

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Yes John would be able to register by making use of the special election period.

<h3>What is the special election period?</h3>

The special election period is also sometimes referred to as the special enrollment period in the United States.

This is the period that the beneficiaries of Medicare are able to make changes to their advantage or to their coverages in the nation.

This has to be done outside of what is their initial enrollment period . This is a yearly open period where the citizens are able to sign up for Medicare in the nation.