<span>A higher interest rate and/or a higher balance will result in higher interest earned.</span>
Answer:
results of business activities should be reported in an appropriate monetary unit
Explanation:
This type of speaker has Integrity. This is so because Integrity implies honesty and this is related to a person who has strong moral principles and that person will also be whole and undivided. This is the main characteristic of an incorruptible speaker who indeed looks for the benefit of others without goign against his principles.
marketing<span> is </span>marketing<span> of products to </span>businesses<span> or other organizations for use in production of goods, for use in general </span>business<span>operations (such as office supplies), or for resale to other consumers, such as a wholesaler selling to a retailer.</span>
Answer:
<u>Assertion 1)</u> Existence or occurrence: the company must provide the loan documents along with proof that they actually purchased the stocks and bonds using the loan money. It would also help to have a document explaining why the building site couldn't be acquired as planned.
<u>Assertion 2)</u> Rights and obligations: all the legal paperwork regarding the loan, the mortgage on the existing plant and the stocks and bond paperwork must be presented.
<u>Assertion 3)</u> Completeness: all the relevant information must be given to the auditor including building titles, inventories, equipment, cash receipts, etc. The auditor should be allowed to physically visit the plant and confirm the documents.
<u>Assertion 4)</u> Valuation and allocation: information regarding the current market values of the building, inventories and equipment should be given to the auditor. The auditor should be able to confirm if the depreciation values and market values are consistent. Also, the auditor must have access to accounts receivables and should be able to analyze them to check for any inconsistencies.
<u>Assertion 5)</u> Presentation and disclosure: the auditor should be able to check expense accounts and capitalization accounts, and analyze them. E.g. equipment or machinery repairs must be treated as expenses and not capitalized.
