Answer:
Correct option is
C. Issue of bonus shares
By source of funds we mean that money is coming in the business. In the given question all of them are sources of funds except issue of bonus shares. The company issues bonus shares out of its own reserves and hence there is no money received by the company for such shares. Rest all being sale of fixed assets, issue of share capital and issue of shares for consideration other than cash are a part of sources of funds.
Answer:
$458,822
Explanation:
The formula to compute the future value is shown below:
Future value = Amount (1+i)^n -1 ÷ i)
where,
Interest rate = 8% ÷ 12 months = 0.6666%
And, the number of months = 35 years × 12 months = 420
Now put this value to the above formula
F = $100 × (1 + 0.6666%)^420 - 1 ÷ 0.6666%
After solving this,
the answer would be $458,822
Answer:
1. Direct Materials: C) Paper
2. Direct Labor: A) Artist's wages
3. Indirect materials: G) Glue for envelopes <em>(this is asuming there isn't a direct association between glue, envelopes and greeting cards - which is the case that one envelope can be used for 1 card or 2+ cards indistinctly- and/or 1 glue can be used for more than 1 envelope)</em>
4. Indirect labor: B) Wages of materials warehouse workers; E) Manufacturing plant manager's salary
5. Other manufacturing overhead: D) Depreciation on manufacturing equipment; F) Property taxes on manufacturing plant
Answer:
b. Audit documentation provides the principal support for the audit opinion expressed by the auditor
Explanation:
Audit documentation is evidence tha the auditor has performed his or her duties as per law and a record of the procedures performed together with conclusions reached.
The audit documentation is a support to teh issues identified during auditing and the method used to resolve them, it is also the principal support to the opinion expressed by the auditor.
Answer:
(a) International Specialization: ...
(b) Increase in World Production and World Consumption: ...
(c) Safeguard against the Advent of Monopolies: ...
(d) Links with Other Countries: ...
(e) Higher Earnings of the Factors of Production: ...
(f) Benefits to Consumers: ...
(g) Higher Efficiency and Optimum Utilisation of Resources:
