Answer:
More candy being bought that is the same brand.
Explanation:
To review and report on internal controls over sales, purchasing and cash at Downe, your external audit firm should develop points for inclusion in your firm's report on identified internal control deficiencies at Downe.
In the cases described, the central deficiency is in the use of money not specifically allocated for payments and lack of adherence to company policy.
The consequences of these actions at Downe can mean a lack of control, organization and coordination of the flow of income and expenses, leaving businesses without correct records of capital utilization, legal compliance and inventory control.
It will therefore be necessary to restructure Downe's processes in order to implement a new policy that is passed on to all employees to be strictly enforced. In addition to greater control by managers and redesign of the organizational and work structure.
In this way, the company will guarantee that the processes occur in a planned, focused and strategic way, generating an improvement in the organizational culture and better positioning for the company in the market.
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Answer:
$0
Explanation:
If an individual's total income (including Social security benefits + all other types of income) is less than $25,000, or $32,000 for married couples, then he/she will not have to pay any taxes on their Social Security benefits. Only if total income is higher than the current thresholds, should Social Security benefits be taxed. Depending of the individual's total income, between 50-85% of Social Security benefits must be taxed at the individual's tax bracket.
Answer:
$27,600
Explanation:
A. To record equity income
Dr Investment in macro $36,200
Cr Equity income from macro $36,200
(40%×90,500= 36,200)
B.To record cash dividend
Dr Cash $8,600
Cr Investment in macro $8,600
(40%×21,500=8,600)
Therefore:
Increased in investment- macro company stock
$36,200-$8,600= $27,600