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alexira [117]
2 years ago
7

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is record

ed. The population of documents for this test consists of all?
Business
1 answer:
Leto [7]2 years ago
5 0

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.

<h3>What are receiving reports?</h3>

Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.

Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.

Learn more about receiving reports here:

brainly.com/question/14802834

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From each paycheck of your afterschool job, you’re able to save $45 toward the coat. You get paid twice a month. How many months
RoseWind [281]

Answer:4

Explanation:The total in 4 months would equal 360

6 0
3 years ago
During one pay period, your company distributes $130,500 to employees as net pay. the income tax withholdings were $19,000 and t
zysi [14]
Given:
130,500 net pay to employees
  19,000 income tax withholding
    5,000 FICA withholding

130,500 + 19,000 + 5,000 + 5,000 = 159,500

<span>The total wages and payroll tax expense to the company for this pay period, excluding any unemployment taxes, is $159,500.
</span>
The 5,000 is added twice because the first 5,000 is withheld from the employees salary as the employees share. The employer also has to pay off 5,000 as employer's share to the employee's FICA withholding. Thus, the presence of the 2nd 5,000. 

FICA, <span> Federal Insurance Contributions Act,</span> is composed of
1) <span>6.2 % Social Security tax;
2) <span>1.45 % Medicare tax (the “regular” Medicare tax); and
3) 0.9 % of a Medicare surtax starting 2013 for employees earning over $200,000. 
</span></span>

3 0
3 years ago
What significant event took place in Dave Thomas's life in March of 1993?
Shkiper50 [21]
If you are talking about the Wendy's founder, he received his GED in March 1993.
7 0
3 years ago
Read 2 more answers
why do many blame high administrative costs as a main contributor to the high cost of healthcare in the us?
Sergio [31]

The bloated Medicare and Medicaid bureaucracy is highly inefficient.

What is bureaucracy?

A complex organization with multilayered systems and procedures is called bureaucracy. Effectively implemented systems and procedures slow down decision-making. They are intended to uphold control and homogeneity inside the company. The use of rules and procedures, whether verbal or written, to manage an organization is known as bureaucracy. In Weber's view, the ideal bureaucracy has a division of labor, a distinct hierarchy, many rules and regulations, and impersonal relations. Bureaucracies that many individuals frequently interact with include state bureaus of motor vehicles, health maintenance organizations (HMOs), financial lending institutions including savings and loans, and insurance firms.

To learn more about bureaucracy click on the given link:

brainly.com/question/27425468

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5 0
1 year ago
An investor who purchases stock in a company becomes a(n):
Mariulka [41]
That investor will become a Shareholder.

The moment an investor become a shareholder, that investor is basically own some percentage of the company.

Each year, the company will pay the investors in the form of Dividend, which amount is depended on how well the company perform in that year
4 0
3 years ago
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