Answer:
The statement is: True.
Explanation:
A data custodian is responsible for storing and give proper use to specific types of information. This character appears at the governance level of safe-keeping data. Typically, the information the custodian guards is related to businesses and general IT (Information Technology).
Answer:
Cost of goods sold on April 25 is $13.80 and the inventory balance is $55.20
Explanation:
Data given:total unit
Cost of purchase with data;
Date Amount
April 5 $10
April 10 $12
April 15 $14
April 20 $16
April 22 $17
Total cost 69
Average cost = total cost /total quantity
= 69/5
=13.8
The cost of the ending inventory is given on the balance sheet below
Date Purchases Cost of Inventory Bal. Avg Cost
goods sold
April 5 $10* 1 unit= $10 - $10 10/1 = $10
April 10 $12* 1 unit=$12 - 10+ 12 = 22 22/2 = 11
April 15 $14* 1 unit=$14 - 22+14 =36 36/3 = 12
April 20 $16* 1 unit= $16 - 36 +16 =52 52/4 = 13
April 22 $17* 1 unit = $17 - 52+17 =69 69/5 = 13.8
April 25 - 1 unit*13.8 = 13.80 69 - 13.8 = 55.20
Answer:
The correct answer would be option C, The risk is diversified with a mutual Fund.
Explanation:
Mutual funds is a pool of funds from different people. This pool of fund is invested in different securities. These securities can be stocks, bonds, treasury bills, etc. In this way the risk is diversified. When you invest money with the money of other people, the pool of money or funds will minimize the risk associated with investing a single person's money in any security. Secondly, the mutual funds are managed by professionals who are expert in the field of managing funds. They better know when and how much funds to liquidate and at what time.
Answer:
I think it's B. Roth IRA.
Answer:
$3,561.25
Explanation:
Statement showing computations
Particulars Amount
Cash balance per books 3,492.50
Service Charges (6.25)
Note Collected by Bank 450.00
NSF Check from Customer (375.00)
Adjusted amount of Cash 3,561.25
Therefore, The adjusted amount of Cash that should be reported for May 31 is $3,561.25
