Answer:
Q1. Answer is B
Explanation: FV= PV(1+r)n
FV= 10,000(1+0.08)26
FV= 73,963.53
FV= 73,963.53(1+0.05)12
FV=132,827.88
Q2. Answer is D
Explanation: The lenght of time she has to wait to reach her goal is directly related to the interest rate she earns
Q3. Answer is A
Explanation: Interest as the interest rate decreases
Q4. Answer is D
Explanation: A = P(1 + rt)
A= 15,000(1+0.05*12)
A= 15,000(1.6)
A= 24,000
Q5. Answer is C
Explanation: FV= PV(1+r)n
FV= 5000(1+0.06)15
FV=5000(2.396558193)
FV=11,982.79
FV=11,982.79(1+0.1)30
FV=11,982.79(17.44940226888)
FV=209,092.54
Explanation: FV= PV(1+r)n
FV= 5000(1+0.1)15
FV=5000(4.1772481694)
FV=20,886.24
FV=20,886.24(1+0.06)30
FV=20,886.24(5.7434911729)
FV=119,959.94
Q6. Answer is A
Explanation: Interest on interest $2,481.25
Q7. Answer is A
Explanation: FV= PV(1+r)n
25,000=PV(1+0.065)6
25,000=PV(1.4591422165))
PV=25,000/1.4591422165
PV=17,133.35
When economists refer to "demand," they are speaking of<u> a schedule of amounts of a product that buyers would purchase at alternative prices in a given time period.</u>
Answer:
Option B and C are correct because adjusting entries arises due to mistakes and errors found in the recording of transactions and this does not arises in the start of the accounting period. It arises in the month ends and interim & final audits. The internal auditors also reviews the financial statements to eliminate all the errors and ommissions in the Financial statement.
Option A is incorrect because adjusting entries are passed both in accrual accounting and cash accounting system.
Option D is incorrect because these adjustments arises at the end of months and year audits.
The degree to which people identify with their jobs and consider their perceived performance levels important to self-worth is Job involvement. This is further explained below.
<h3>What is
Job involvement?</h3>
Generally, Job involvement is simply defined as the extent to which a person's employment is a part of his or her identity.
In conclusion, Job engagement is the degree to which individuals connect with their employment and believe their perceived performance levels to be vital to their self-worth.
Read more about Job involvement
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Answer: income statement and the statement of cash flows
Explanation: