Answer:
C. Evaluate whether internal controls operated effectively.
Explanation:
Given that, a test of details of the transaction is an activity or process carried out by auditors, which can be done together with the test of control. The purpose of the test of control is, however, to determine the effectiveness of internal control.
Hence, in this situation, the correct answer is option C: Evaluate whether internal controls operated effectively.
Answer:
See below.
Explanation:
Contribution margin income statement is as follows,
Sales (4,550*305) 1,387,750
Less: Variable costs
Plastic for casting 127,400
Wages 423,150
Drum Stand 168,350
Variable selling 118,300
Contribution 550,550
Less: Fixed costs
Taxes on factory 9,500
Maintenance 19,000
Depreciation 79,000
Lease of equipment 19,000
Accounting staff 69,000
Admin staff 149,000
Profit before tax 206,050
Tax @ 40% 82,420
Profit after tax 123,630
Contribution margin per unit can be calculated as,
Contribution margin / unit = Total contribution / Number of units
Contribution Margin / unit = 550,550 / 4550 = $121/unit
Contribution margin % = 121/305 = 39.6%
Hope hat helps.
Answer:
The correct answer is D that is no more
Explanation:
As the Orin is the one who hired the Pat in order to sell her house which is oceanfront. But due to the hurricane, the house of the Orin got destroyed before she could sold the house.
Therefore, the Pat is the agent of Orin which is no more as the house got destroyed in hurricane.
The changes would directly impact our Exports.
When the national income of our trading partner increased, the purchasing capabilities that they have would also be increased.
Which means that we could sell a lot more product to that partner (increasing the export)
In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales transactions. What must happen to each product/service item mapped is that it muts reflect on Chart of Accounts list.
<h3>What is the
QuickBooks Online?</h3>
This is a small business accounting software that businesses use to manage income and expenses and keep track of the financial health of their business. It is used for invoicing customers, paying bills, generating reports, and preparing taxes.
The QuickBooks product line includes several solutions that work great for anyone, from a freelancer to a midsized business.
In conclusion, as the Products and Services list contains the items that will appear on your client's purchase and sales transactions. What must happen to each product/service item mapped is that it muts reflect on Chart of Accounts list.
Read more about QuickBooks Online
brainly.com/question/24441347
#SPJ1