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olya-2409 [2.1K]
3 years ago
10

The most effective audit procedure for determining the collectibility of an account receivable is the

Business
1 answer:
Schach [20]3 years ago
4 0

The utmost effective audit procedure for determining the collectability of an account receivable is the, review of the subsequent cash collections. Reviewing the subsequent cash collections speeds up the audit procedure to determine the collectability of an account receivable.

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What best explains the time value of money? the concept is another way to explain how inflation works. it just means that it's b
Mamont248 [21]
Time value of money <span>it's best to have money today, so it can be put to work sooner to make even more money. When you have money now, you can invest and start building </span>interest on it. The quicker you have money, the quicker you start to grow your money and the sooner it can double, triple etc. 
4 0
3 years ago
The Equal Employment Opportunity Act gave the Equal Employment Opportunity Commission the authority to:
erastovalidia [21]

Answer:

issue guidelines for employer conduct in administering equal employment opportunity programs.

Explanation:

This act known as the The Equal Employment Opportunity Act was enacted to check discrimination and unfair treatment against minorities such as African Americans. This act has given the right to sue whenever any form of discrimination based on race, skin color, religious affiliation is found in the work place.

Therefore the correct answer is issue guidelines for employer conduct in administering equal employment opportunity programs.

7 0
3 years ago
A company has net income of $130,500. Its net sales were $1,740,000 and its total assets were $2,750,000. Its profit margin equa
alexgriva [62]

Answer:

True

Explanation:

The profit margin calculation is shown below:

= (Net income ÷ net sales) × 100

= ($130,500 ÷ $1,740,000) × 100

= 7.5%

We simply divide net income by net sales in order to achieve the gross profit margin. This indicates a correlation between net income or net income and net sales.  

All other information provided is irrelevant. Therefore, it was ignored

8 0
3 years ago
Which of the following best describes how new information systems can result in legal gray areas?
Alexandra [31]

Answer:

D. They result in new situations that are not covered by old laws

Explanation:

4 0
3 years ago
Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run
salantis [7]

Answer:

Marginal cost is defined as the change in <u>total </u>cost when output changes by one unit in the short run.

Explanation:

<em>Marginal cost is defined as the change in total cost when output changes by one unit. In the short run.</em>

<em>It is the amount by total cost will increase as a result of producing additional one more unit of a product.</em>

6 0
3 years ago
Read 2 more answers
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