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3241004551 [841]
4 years ago
15

Why should companies be careful to report cash and cash equivalents correctly?

Business
1 answer:
mart [117]4 years ago
5 0
<span>Companies should be careful to report cash and cash equivalents correctly because this is there responsibility. Companies must be prepared for random audits by the IRS and must show these records and calculations when the need arises. This will save a lot of money from penalties and other fees that may be owed to the IRS and can update the IRS of any incorrect calculations they may have.</span>
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As the financial consultant to a classic auto dealership, you estimate that the total value (in dollars) of its collection of 19
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Read 2 more answers
Exercise 2-10 Applying Overhead Cost to a Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis of direct lab
OlgaM077 [116]

Answer:

See explanations below.

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