That is false there is 161 type of insurances
Answer:
C. Unauthorized acquisition or use of data or assets that could affect financial statements will be prevented or detected in a timely manner.
Explanation:
Internal Control Financial Reporting is a framework designed to help companies manage their financial reporting and achieve the greater goals of risk assessment, control, information and communication, as well as monitoring. One of the weaknesses that could characterize ICFR is its inability to assure timely prevention and detection of unauthorized acquisition or use of data.
The scheme however ensures that financial records are maintained and that transactions are prepared according to GAAP rules. ICFR ensures that misstatements are detected in financial reporting.
Answer:
correct option is (B) $94.50
Explanation:
given data
Units produced = 46,000 units
Direct labor = $39 per unit
Direct materials = $32 per unit
Variable overhead = $21 per unit
Fixed overhead = $115,000
to find out
product cost per unit under absorption costing
solution
we find Fixed overhead that is
fixed overhead =
fixed overhead = 2.5
so
total cost that is
total cost = Direct labor + Direct materials + Variable overhead + Fixed overhead
product cost = $39 + $32 + $21 + $2.5
product cost = $94.50
so correct option is (B) $94.50
Answer:
Option A Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some based year
Explanation:
The reason is that the nominal GDP includes the affects of inflation of the year whereas Real GDP is inflation excluded amount which means its tells GDP in terms of base year prices. The difference between the nominal GDP and the real GDP is because of inflation which is the only additional thing in the nominal GDP. So the best answer here which gives this explanation is option A.
These are examples of <u>work-related</u> characteristics