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Svet_ta [14]
4 years ago
7

Elements within the requirements listing tables that should be reviewed annually under the internal control program will include

, as a minimum
Business
2 answers:
MAVERICK [17]4 years ago
4 0

I believe the correct answer to this is:

<span>As a minimum “Property accountability, Controls of small arms repair parts and hand tools, the receipts of petroleum products, the reduction of Army excess and its cause, and DODAAC directory update process”.</span>

Zigmanuir [339]4 years ago
3 0

As a minimum “Property accountability, Controls of small arms repair parts and hand tools, the receipts of petroleum products, the reduction of Army excess and its cause, and DODAAC directory update process”.

By doing this, the internal reviewer could see the amount of supply or materials that had been used for military purposes annually, and ensure that the budget that has been allocated from the tax payer money to the military budget is used in efficient manner.

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Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater i
lbvjy [14]

Wyatt's<u> effective interest rate</u> would be greater than his <u>nominal interest rate </u>by 0. 71 percentage points.

The <em>nominal interest rate</em> is 13. 62% or 0.1362 that would be given an <em>effective rate of interest </em>as follows:

R=(1+\frac{i}{m})^{m}  -1\\=(1+\frac{0.1362}{4})^{4}  -1\\=0.1433

Here, the value of the effective rate of interest<u>,</u> that is 0.1433 that would be multiplied with 100 to get the <u>percentage value</u> of 14.33%

Hence, the <u>difference between effective and nominal interest rates</u> would be:

14.33-13.62\\=0.71

Learn more about the effective and nominal rates of interest here:

brainly.com/question/2787260

6 0
3 years ago
Khalid, who is single, reports the following items for 2020: Salary $40,000 Interest income on U.S. Treasury bonds 8,000 Loss on
spin [16.1K]

Answer:

Particulars                  Amount

Salary                          $40,000

Interest expenses      <u>$8,000</u>

AGI                              $48,000

Less:

Itemized deduction    ($60,000)

<em>Personal exemption   (</em><em><u>$3,950)</u></em>

Taxable Income          <u>($15,950)</u>

Taxable Income          ($15,950)

Personal exemption   (<u>$3,950)</u>

Net Operating Loss    <u>$12,000</u>

Note: Interest on New York state bonds of $12,000 is an exemption

3 0
3 years ago
Principles of Investment
Scrat [10]

Answer:

demand for investments

Explanation:

7 0
2 years ago
Bernie Madoff invites you to invest $1,000 in his fund now and be guaranteed at least $1,500 in 4 years. What is the effective r
Nady [450]

Answer: 10.67%

Explanation:

Mr Madoff is offering to grow the current value of $1,000 to a future value of $1,500 in 4 years.

This is a future value problem.

1,500 = 1,000 * ( 1 + interest) ^ 4 years

( 1 + interest) ^ 4 = 1,500/1,000

( 1 + interest) = 4√(1,500/1,000)

1 + interest = 1.1066819197

Interest = 1.1066819197 - 1

= 10.67%

8 0
4 years ago
Samantha Jones had the following itemized deductions. Donations to church and other charities $ 2,150 Medical and dental expense
vlabodo [156]

Answer:

Samantha should use the standard deduction.

Explanation:

Samantha's total itemized deductions include:

  • donations to church and other charities $2,150
  • medical and dental expenses (exceeding 10%) $1,270
  • State income tax $960
  • Job related expenses (exceeding 2%) $1,485
  • total $5,865

Samantha's standard deduction = $6,350, since it is higher than her itemized deductions, then she should use the standard deduction.

3 0
3 years ago
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