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3 years ago

Which type of visual aid would you use to show changes over time?

1 answer:

6 0

A plot in Cartesian axes.
This kind of graph has two exes: x (horizontal) and y (vertical). X represents the independent variable, in this case: time. Y represents the dependent variable, which is the one that is changing over time. For example, you can make this graph with temperature along the year. You will usually have higher temperatures in summer, which will be represented in the upper part of the graph, and lower temperatures in winter, which will be represented in the bottom part of the graph. January will be on the left and December will be on the right.

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Sheldon Company began Year 1 with $1,900 in its supplies account. During the year, the company purchased $5,600 of supplies on a

nataly862011 [7]

Answer:

Sheldon's financial statement for year 1 would show;

Supplies inventory =

Supplies expense =

Account payable =

Explanation:

Supplies account at the beginning of the year = $1,900

Purchases during the year= $5,600

Payment during the year = $2,800

Supplies counted at the end of the year = $3,300

Supplies used in year 1 = $1,900 + $5,600 - $3,300

= $4,200

Account payable at the end of the year = $4,200 - $2,800

= -$1,400

6 0

2 years ago

What does total number of allowances you are claiming mean.

Svetach [21]

Answer:

mean the amount you are getting

Explanation:

Hope this help

3 0

2 years ago

A common step in the testing for accounts payable is to test subsequent disbursements for improper/proper inclusion/exclusion in

galben [10]

Answer:

1. When searching for unrecorded liabilities, the auditors consider transactions recorded after year end.

Auditors consider transactions recorded after year end to determine if it was supposed to be recorded in the current period.

2. Accounts payable confirmation can be mailed to vendors from whom substantial purchases have been made.

As a way to keep a document trail, creditors from whom substantial goods were bought from can be mailed a confirmation.

3. To gain overall assurance as to the reasonableness of accounts payable, the auditor may consider ratios.

Ratios such as the Payables turnover can be used to evaluate the reasonableness of Accounts payable.

4. When auditors find unrecorded liabilities, before adjusting they must consider materiality.

They must consider if the adjustment is material or significant enough to record.

5 Auditiors need to consider shipping terms terms for determining ownership and whether a liability should be recorded.

Shipping terms need to be considered because they can tell who owns goods in transit and therefore if a liability is needed for them. Shipping terms such as FOB Shipping point mean that the business incurs the liability as soon as the seller ships the goods.

6 0

3 years ago

Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl

ladessa [460]

Answer:

TQM requires constant improvements in all areas of the company as well as employee empowerment.

Explanation:

As the name implies, total quality management requires constant improvements in all areas of the company as well as employee empowerment.

In other words, the company expects 99.99% accuracy in all areas of operations which should also include employee empowerment so that they can better meet quality standards.

4 0

3 years ago

Josiah has the right to receive compensation for poor service encountered during the purchase of a new sofa. Which consumer righ

Ne4ueva [31]

The answer to your question is A. The right to be redress

4 0

2 years ago