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Fudgin [204]
3 years ago
10

The evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is th

e definition of A. analytical procedures. B. auditing. C. tests of transactions. D. tests of balances.
Business
1 answer:
defon3 years ago
4 0

Answer:

A) analytical procedures

Explanation:

Analytical procedures are used by auditors as evidence to try find any indications that the financial records of their clients may have any problems like incorrect records due to accounting errors or fraudulent activity.

Different sets of financial and operational activity are compared to see if they remain constant during time or follow a historical certain pattern.

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On January 1, 2020, Sunland Corporation sold a building that cost $251,060 and that had accumulated depreciation of $109,510 on
ra1l [238]

Answer:

$44,592

Explanation:

The book value of a building = Cost Price - Accumulated Depreciation

= $(251,060 - 109,510)

= $141,550

The present value of the non-interest-bearing note due on January 1, 2023 (or Discounted Cash Flow) =

FV/(1+i)^t

= $241,060/(1+0.09)^3

= $241,060/1.29503

= $186,142

Gain on Sale of the building = $(186,142 - 141,550) = $44,592

7 0
3 years ago
Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3
kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

5 0
3 years ago
Ano ang problema ng propesyon na piloto?
xeze [42]

Answer:

Because a pilot is faced with problems-at work and off duty-in two key periods. And you're not special. running at airports, in particular, if after he lands, the pilot has another flight. The pilot must also deal frequently with troublesome passengers.

Explanation:

The license to flies commercial aircraft is not an easy or cheap way to get a licence. But in the final analysis it's' just' a licence, not a work or a degree. Health constraints can lead to you failing to travel, so you can't follow your career. In return, I have a license loss. It costs me € 150 a month, and charges if I can no longer fly.

Benefits: You lose your education and you can no longer fly. You're left without any schooling if you haven't learned.

Pros: A strong computer is regulated

4 0
4 years ago
1. Jim is beginning his research on franchise businesses in order to find one that meets his needsA quick, easy way get general
elena-14-01-66 [18.8K]

Answer:

one is b two is a three is c four is c

3 0
3 years ago
QV-TV, Inc. provided the following items in its notes to the financial statements for the year-end 2014: Cost of goods sold was
Nookie1986 [14]

Answer:

The correct answer is option (d) $1.3 billion.

Explanation:

Given Data:

inventory value under FIFO costing = $2.1 billion

LIFO Reserve for year-end 2013 = $0.6 billion

LIFO Reserve for year-end 2014 = $0.8 billion

LIFO inventory is calculated using the formula;

LIFO inventory value at year-end 2014 = FIFO inventory - LIFO reserve

                                                               =$2.1 billion-$0.8 billion

                                                               = $1.3 billion

5 0
3 years ago
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