1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lorasvet [3.4K]
3 years ago
12

An audit plan of substantive procedures for cash would not includeA. request a cutoff bank statement be mailed to the client. B.

request client to prepare bank reconciliations. C. prepare a schedule of interbank transfers for a period of ten business days before and after year-end date.D. obtain a written client representation concerning compensating balance agreements.
Business
1 answer:
faltersainse [42]3 years ago
5 0

Answer:

The correct answer is option A.

Explanation:

Substantive is a type of auditing procedure. It involves the process of examining financial statements and other related documents to  check for error.

These tests are conducted to ensure that the financial records are complete and correct.

These procedures are conducted by an auditor and include examining journal entering, testing account balances and transactions.

Though it does not include requesting a cut off bank statement to be mailed to the client.

You might be interested in
Name three factors that determine a good’s or service’s elasticity.
pav-90 [236]

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

4 0
3 years ago
Read 2 more answers
Choose a company you frequently buy from.
victus00 [196]
Nikes target market or consumers are athletic individuals. They use the marketing mix that involves athletic products made for professional athletes but can be used for leisurely activities making it more accessible to the general population. Their commercials display fit models wearing Nike brand athletic shoes, clothing, and or using Nike equipment. The company also invests in research to improve product effectiveness and customer satisfaction.
6 0
2 years ago
Which of the following is an example of a non-penalized religious observance?
tamaranim1 [39]

The correct answer would be option C.

Allowing employees to pray during work time.

Explanation:

Non penalized religious observance means, If someone practice his or her religion during the work hours, as it is compulsory in his/her religion to do so, at the place where he works.

So companies allow employees to pray during work hours which will be a non penalized religious observance for the employees.

For example, If there is a Muslim who works in an organization which is owned by the people of other religion, and if he offers his prayers during his work hours, then the company will respect his offerings and won't charge or penalize him on the observance of his religion during the office timings.

Learn more about Religious observance at:

brainly.com/question/2887557

#LearnWithBrainly

6 0
4 years ago
What Human Resource Management activities were illustrated by Sam’s schedule in the Application Case?
lesya692 [45]

Explanation:

First we need to understand what activities are performed by human resource management. They are:

  • HR Development
  • Relationship with employees
  • Compensation and benefits
  • Cheers
  • Safety
  • Equal Employment Opportunities
  • staffing
  • Strategic HR Management

According to the text, none of these activities were performed by Sam on that particular day. What we can analyze is that during the working day, there were some situations that distracted Sam and prevented him from performing tasks efficiently.

He did not know how to properly manage the time to carry out the proposed activities, which were attempts to execute projects and priority by the integration of the objective management program (MBO), but the plans were never put into action by Sam, because he did not. there was no procedure for conflict resolution at work and did not share your work

with his subordinates in the company.

6 0
4 years ago
Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in t
hichkok12 [17]

Answer:

In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. FALSE.

Banks keep only a portion of the customer deposits in the bank vault. A small portion is kept with the Fed called the Reserve Requirement.

Banks typically loan out a portion of customer deposits. TRUE.

Banks only loan out the portion of customer deposits that they did not leave with the Fed.

Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. TRUE.

When too many people try to withdraw from a bank, the bank might not meet these obligations because they loaned out money to people and those people were not yet due to pay back. This is a bank run.

The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. TRUE.

The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs. FALSE.

As explained in the first paragraph, the Fed requires that banks keep a portion of customer deposits with the Fed instead of the total value of customer deposits.

6 0
3 years ago
Other questions:
  • Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyo
    13·1 answer
  • One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,
    15·1 answer
  • Which phrase best describes a function
    7·1 answer
  • What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?
    15·1 answer
  • What is one of the first decisions an entrepreneur must make?
    6·2 answers
  • Budget information for college athletic programs show that the programs could not exist with receive a significant amount of mon
    9·1 answer
  • Retained earnings on the balance sheet?
    12·1 answer
  • Who is an HR manager?
    8·1 answer
  • What are the keys to active learning ?
    14·2 answers
  • Liana Amiri (single with no dependents) has the following transactions in 2021: AGI (exclusive of capital gains and losses) $540
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!