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2 years ago

Match the job role with the job title. (More than three answers)

Business

1 answer:

Dmitry_Shevchenko [17]2 years ago

3 0

Explanation:

Internal Revenue Investigator:

The responsibility of Internal Revenue investigator is that to collect the taxes from people as well from corporation on time so that the Government can deliver service to the people.

Roles:

1. Review financial records of large businesses and corporations.

2. Review tax documents and returns for errors and inaccuracies

Federal Aid Coordinator:

To help the financial needy and to appreciate the merit student, Federal Aid coordinator will evaluate and find the candidates / students accordingly.

Roles:

1. Evaluate students applications for financial aid

2. Review policies and grant funds to students in need

3. Paralegal:

He/ She is the person who is assisting the lawyer in terms researching about the crime that has happened. In simple term we can call that as investigation.

Roles:

1. Gather evidence and prepare for court

2. Conduct research that is pertinent to a criminal case.

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Marmol Corporation uses the allowance method for bad debts. During year 1, Marmol charged $30,000 to bad debt expense, and wrote

4vir4ik [10]

Answer: Option (d)

Explanation:

Under this case the write off will be as follow:

Debit Credit

Allowance for doubtful accounts 25,200

Accounts receivables 25,200

Here, in this case the Allowance for the doubtful accounts and Accounts receivables are further decreased as the outcome of the transaction made. Thus, there will be no further effect on working capital. Therefore the $30,000 that is bad debt would then be stated as the credit to allowance account. This will then decrease the working capital by $30,000.

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3 years ago

Mark is looking to buy his first home. His friends suggest that he check the style of the house and the number of rooms. He is,

Scrat [10]

Answer:

The correct answer is letter "B": anchoring.

Explanation:

Anchoring bias or focalism takes place when individuals make decisions driven by the first impression obtained on a certain matter. Under this situation, those individuals do not take well-educated decisions since there has not been an analysis of the pros and contras of picking that choice over others.

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3 years ago

Internal control in technologically advanced accounting systems depends more on the design and operation of the information syst

QveST [7]

Answer:

The answer is T that is (True)

Explanation:

First of all, we need to understand that internal control in technology advanced accounting system are designed policies and procedures integrated into the system to give it integrity and reliability.

The purpose are mainly to curb but not limited to issues like fraud, generating timely and effective reporting, reassuring investors, give a forensic over view of business operation success and proactively identify financial challenges.

The internal controls in advanced accounting can either be preventative, consequentially deterring fraud and mistakes, or detective, consequentially identifying challenges after they have occurred

This two aforementioned objective of the internal control in technology advanced accounting are embedded in the design and operation of the system stage, thereby confirming the statement to be true that Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents

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3 years ago

Recent corporate scandals that have shaken the public's faith in business leadership have brought increased attention to what ar

Shalnov [3]

Answer:

correct option is B) Ethical leadership

Explanation:

solution

area of leadership is Ethical leadership

An ethical leader is who respect ethical belief and the value for dignity and rights of other

he always concerns with moral development and virtuous behaviour of others

and Ethical leader mantra is always doing the right things even it hurts

so here the correct answer is B) Ethical leadership

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2 years ago

Information pertaining to Noskey Corporation’s sales revenue follows: Nov 2018 (Actual) Dec 2018 (Budgeted) Jan 2019 (Budgeted)

Pani-rosa [81]

Answer:

1) Budgeted cash collections for December 2018 from November 2018 Sales - $ 100,320

2) Budgeted total cash collections for January 2019 - $ 221,880

3) Budgeted total cash payments for December 2018 - $ 135,420

Explanation:

Computation of cash collections for December 2018 from November 2018

Credit Sales for November 2018 $ 264,000

Less: Uncollectible sales - 5 % of credit sales $ ( 13,200)

Collectible sales $ 250,800

Percentage of collectible sales in month of sales- 60 % $ (150,480)

Percentage of collectible sales in next month -Dec 18 - 40 % $ 100.320

Computation of total cash collections for January 2019

Cash collections from December sales

Credit sales for December 2018 $ 388,000

Less 5 % Uncollectible sales $ ( 19,400)

Collectible sales $ 366,600

Collections in month subsequent to sale 40 % * $ 366,600 $ 147,400

Cash collections from Januray 2019 sales

Credit sales for Janaury 2019 $ 196,000

Less: 5 % uncollectible sales $( 9,800)

Collectible sales $ 186,200

Collections in month of sale 60 % * $ 186,200 $ 74,480

Total collections for January 2019 $ 221,880

Computation of cash payments for December 2018

Purchases for December 2018 sales - 30 % of $ 388,000 $ 116,400

Purchases for January 2019 sales - 70 % of $ 196,000 $ 137,200

Total purchases for December 2018 on selling price $ 253,600

Purchases are 60 % of selling price - $ 253,600 * 60 % $ 152,160

Payments for December purchases 25 % (A) $ 38,040

Purchases for November 2018 sales - 30 % of $ 264,000 $ 79,200

Purchases for December 2018 sales - 70 % of $ 388,000 $ 137,200

Total purchases for November 2018 on selling price $ 216,400

Purchases are 60 % of selling price - $ 216,400 * 60 % $ 129,840

Payments for November purchases 75 % (B) $ 97,380

Total payment for purchases in December 2018 (A) + (B) $ 135,420

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3 years ago