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bogdanovich [222]
3 years ago
10

The audit working papers often include a client-prepared, aged trial balance of accounts receivable as of the balance sheet date

. This aging is best used by the auditors to:
A. Consider internal control over credit sales.
B. Test the accuracy of recorded charge sales.
C. Estimate credit losses.
D. Verify the validity of the recorded receivables.
Business
1 answer:
Mars2501 [29]3 years ago
7 0

Answer:

C. Estimate credit losses.

Explanation:

the client prepared aged triad balance of account receivable is generally included in audit documents so that the evaluation of estimated credit losses can be done.

Therefore, This aging is best used by the auditors to Estimate credit losses.

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Since Anytime Pizza is open 24 hours a day, its pizza oven is constantly on and is, therefore, always using natural gas. However
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Answer: Mixed cost

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6 0
3 years ago
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A flexible budget variance is $1,500 favorable for unit-related costs. This indicates that: A. actual costs were $1,500 more tha
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D. actual costs were $1,500 less than for the planned level of activity.

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4 0
3 years ago
Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7
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Answer:

so correct option is  b. -27%

Explanation:

given data

job manufacturing industry = 63.1 thousand

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time period = 10 year

solution

the total loss of jobs over the 10 years will be:

total loss = 1.7 × 10

total loss = 17  thousand jobs

so that the percent change will be

percent change  =  \frac{-17}{63.1}\times100

percent change  =  -27 %

so correct option is  b. -27%

5 0
3 years ago
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3 years ago
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