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SSSSS [86.1K]
3 years ago
12

Auditors must gather evidence, and obtain documentation around identified risks. A risk in the purchasing process is that a purc

hase is made from an unauthorized vendor. To gather evidence around this risk, we first want to open and join the two data sets (Accounts_Payable and Vendors) for Roger Company to begin the process for identifying the unauthorized vendors. Once the file is open, join the databases. With the Accounts_Payable file open, on the Analysis tab, in the Relate group, select Join to open the Join Databases window. Select Vendors as your Secondary database. Join both databases by vendor number in the Match menu (refer to Section 4 of the tutorial for additional help. Hint: AP Vendor Number must both be the same field format, i.e., either both numeric or both character). Choose to retain all records in both files. How many total records are there in the joint database
Business
1 answer:
aliya0001 [1]3 years ago
6 0

Answer:

yes

Explanation:

You might be interested in
Addison Corporation is considering the purchase of equipment that would increase sales revenues by $250,000 per year and cash op
mr_godi [17]

Answer:

a) 17.5%

Explanation:

The computation of the simple rate of return on the investment is shown below:

Simple rate of return = Annual net income  ÷ Initial investment

where,

Annual net income is

= Sales revenue - cash operating expenses - depreciation expenses

= $250,000 - $100,000 - ($400,000 ÷ 5)

= $70,000

And, the initial investment is $400,000

So, the simple rate of return is

= $70,000 ÷ $400,000

= 17.5%

Dividing the annual net income by the initial investment we can get the simple rate of return

8 0
3 years ago
Sales in North Corporation increased from $80,000 per year to $84,000 per year while net operating income increased from $30,000
igor_vitrenko [27]

Answer:

4 times

Explanation:

Given that,

Initial sales = $80,000

New sales = $84,000

Initial net operating income = $30,000

New net operating income = $36,000

The degree of operating leverage is determined by dividing the percentage change in net operating income by the percentage change in the sales.

Percentage change in net operating income:

= [(New net operating income - Initial net operating income) ÷ Initial net operating income] × 100

= [($36,000 - $30,000) ÷ $30,000] × 100

= ($6,000 ÷ $30,000) × 100

= 0.2 × 100

= 20%

Percentage change in sales:

= [(New sales - Initial sales) ÷ Initial sales] × 100

= [($84,000 - $80,000) ÷ $80,000] × 100

= ($4,000 ÷ $80,000) × 100

= 0.05 × 100

= 5%

Degree of operating leverage:

= Percentage change in net operating income ÷ Percentage change in sales

= 20 ÷ 5

= 4 times

3 0
3 years ago
In an economy, the value of inventories fell from $75 billion in 2006 to $63 billion in 2007. In calculating total investment fo
Rus_ich [418]

Answer:

The best answer is C. Decrease it by $12 billion

Explanation:

3 0
3 years ago
Which of the following policies would dramatically and permanently reduce government outlays? Choose one or more: A. reducing th
8_murik_8 [283]

Answer: A. reducing the number of people eligible for Medicare and Medicaid by half

E. raising the age to receive Social Security to 75

Explanation: That’s correct! By raising the age to receive Social Security to 75 and reducing the number of people eligible for Medicare and Medicaid by half, the government would dramatically and permanently reduce its outlays because these are mandatory payments.

4 0
2 years ago
Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $425
NeX [460]

Answer:

The answer is "360595900".

Explanation:

Interest expense for 3 months till December 31, 2021 = \$361,772,495 \times 6\% \times \frac{3}{12}= 5,426,587.43

Less: Interest payable for 3 months till December 31, 2021

=\$425000000\times 4\% \times \frac{3}{12}= 4,250,000

Discount amortized till December 31, 2021: 1176587.43

The issue price for Bonds \$361,772,495  

Add: Discount amortized till December 31, 2021 1176587.43

Net bond liability balance at December 31, 2021 360595907.57

360595900 (rounded off)

6 0
3 years ago
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