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son4ous [18]
3 years ago
12

AIS documentation is useful for accomplishing all of the following except:

Business
1 answer:
Nataliya [291]3 years ago
6 0

Answer:

E) Assuring that the company is profitable

Explanation:

Accounting processes are not meant to ensure that a company is profitable or not, they are meant to report the actual state of a company, not the desired one. If the company is profitable, then accounting should report that, if the company is losing money, then accounting should report that instead.

Accounting information system (AIS) documentation refers to the process by which accounting and financial data flows are traced.

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Sonia has been asked to act as an external auditor for her clients factory to determine the various liabilities that the client
jok3333 [9.3K]

Occupational Safety and Health Administration (OSHA) was created to ensure healthy and safe work environments for all workers. Being that the factory did not offer adequate ventilation, the workers could be at risk for harm, and be in violation of OSHA standards.

7 0
3 years ago
Read 2 more answers
Watson, Inc. applies overhead cost based on direct labor hours. In completing the 200 units in job #120, the company incurred $1
andriy [413]

Answer:

Total cost= $24,000

Explanation:

Giving the following information:

Watson, Inc. applies overhead costs based on direct labor hours. In completing the 200 units in job #120, the company incurred $12,000 in direct materials and 500 direct labor hours at $18 per hour. The predetermined overhead rate is $6 per direct labor hour.

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 12,000 + 500*18 + 6*500= $24,000

3 0
3 years ago
Cheapo Corporation sells products that are poorly made. Marcia, who has never bought a Cheapo product, files a suit against the
galina1969 [7]

Answer:

standing

Explanation:

Standing -

It refers to the situation , when the party who has filed the complaint on the court is not able to show any proof for the case filed , is referred to as standing .

It refers to the type of some medical report , any eye witness ,or any clue or proof against the other party , can be provided to the court .

Hence , from the given scenario of the question ,

The correct term is standing .

3 0
3 years ago
With respect to the consumer buying process, __________ is perhaps the most important factor that affects the time, effort, and
kupik [55]

Answer:

The Degree of Risk

Explanation:

With respect to the consumer buying process, the degree of risk is perhaps the most important factor that affects the time, effort, and expense dedicated to the search for information. When the higher risk is involved, we spend a lot of time in searching for information either from our external sources or internal sources. When the risk factor is less, then we do not spend much time and effort on searching for information. For example, when we are buying a packet of chips, we do not search information by spending much time and effort. But when we have to buy a car or a laptop, then we spend much time in searching for the information from all of the available sources because bad or wrong decision can cost us more in the case of buying a car or a laptop as compared to the buying of a packet of chips.

8 0
3 years ago
Calculate the annual coupon payment if the semi-annual coupon paying bond price is $920, the yield for the bond is 6%, the bond'
Jobisdone [24]

Answer:

$48.40

Explanation:

Yield = 6%

Rate = Yield/2 = 6%/2 = 3%

YTM = 9

Nper = YTM*2 = 9*2 = 18

Face value = $1,000

Price(PV) = $920

Monthly payment = PMT(0.03, 18, -920, 1000)

Monthly payment = $24.1833

Coupon rate = (PMT/Face value) * 2

Coupon rate = (24.1833/1000) * 2

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Annual coupon payment = Face value * Coupon rate

Annual coupon payment = $1000 * 4.84%

Annual coupon payment = $48.40

4 0
3 years ago
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