Answer:
Cognitive ability test
Explanation:
Cognitive ability test are test used in measuring applicants cognitive function in specific areas. Areas may include verbal reasoning, numerical reasoning, quantitative reasoning, spatial reasoning and so on. They are aptitude test used in predicting the the applicant future aptitude position. It is a method employed by many corporations in non applicant selection. However, the cognitive test has been shown to always results in lower selection of minorities both racial and ethnicity wise.
Answer:
"What does success look like for you?" And: "Do you have what it takes to get there?
Explanation:
Answer:
$5,664,627.53
Explanation:
future value of the annuity = $57 million
interest rate = 8%
number of periods = 30
FV annuity factor, 8%, 30 periods = 113.283
annual payment = future value / FV annuity factor= $57,000,000 / 113.283 = $503,164.64
the present value of an annuity = annual payments x PV annuity factor
PV annuity factor, 30 periods, 8% = 11.258
present value of the annuity = $503,164.64 x 11.258 = $5,664,627.53
Answer:
(a) Net income is $490,000
(b) Please Journal entries as solved below;
Explanation:
(a)Please see computation of net income below;
Net income = Income before income tax - Tax rate.
=$700,000 - ($700,000 × 30%)
= $700,000 - $210,000
=$490,000
Net income is therefore $490,000.
(b) Please see journal entries below.
Construction in process Dr $190,000
To deffered tax liability
$57,000
$190,000 × 30%
To retained earnings
$133,000
$190,000 × (100-30)%
$190,000 × 70%
(Being adjusted entry that is recorded.)
Answer:
Checks dated prior to year-end to the outstanding checks listed on the year-end bank reconciliation.
Explanation:
The bank cutoff statement is a bank statement for the client prepared at an agreed-upon interim date which is sent directly to the auditor. Usually the auditor asks the client to have the bank prepare the cutoff statement for some period 10 to 15 days after the close of the year.
By preparing a four-column bank reconciliation ("proof of cash") for the last month of the year, an auditor will generally be able to detect: An unrecorded check written at the beginning of the month which was cashed during the period covered by the reconciliation.
