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3 years ago

The authentication classification method of Personal Characteristic is most closely described as a:

Business

1 answer:

notsponge [240]3 years ago

8 0

Answer:

The correct answer is letter "C": Fingerprint, voiceprint, signature, or hand size.

Explanation:

Different financial and governmental institutions requests individuals enrolled to authenticate themselves so their records will not be confused with someone else's. For that purpose, the authentication classification method of Personal Characteristics takes the individual's fingerprint, voiceprint, and signature. In correction centers, even the hand size is necessary as long as some other inmate special features -tattoos, for instance, so that person's information can be shared with some other bureaus, if necessary.

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On January 1, 2020, Oriole Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t

n200080 [17]

Answer:

face value $320,000, coupon rate 12%

current market value $344,260.74, effective interest rate 10%

maturity in 5 years, coupon paid yearly

(a) Prepare the journal entry at the date of the bond purchase.

Dr Investment in bonds (AFS) 320,000

Dr Premium on investment in bonds (AFS) 24,260.74

Cr Cash 344,260.74

(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2020.

unamortized premium = ($320,000 x 12%) - ($344,260.74 x 10%) = $38,400 - $34,426.07 = $3,973.93

Journal entry to record accrued interests:

Dr Interest receivable - investment in bonds (AFS) 38,400

Cr Interest revenue 34,426.07

Cr Premium on investment in bonds (AFS) 3,973.93

Journal entry to record recognition of fair value 2020

fair market value $342,000 - $340,286.81 (carrying value) = $1,713.19

Dr Fair value adjustment - equity 1,713.19

Cr Unrealized gain on investment in bonds bonds (AFS) 1,713.19

unamortized premium = ($320,000 x 12%) - ($340,286.81 x 10%) = $38,400 - $34,028.68 = $4,371.32

fair market value $329,700 - carrying value $335,915.49 = -$6,215.49

Dr Unrealized loss on investment in bonds bonds (AFS) 6,215.49

Cr Fair value adjustment - equity 6,215.49

6 0

3 years ago

Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus

Nastasia [14]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

6 0

4 years ago

Select the question that can be answered using only raw data. Multiple choice question. Which of the perishable items used by a

QveST [7]

The question that can be answered using only raw data is C. What is the date, amount sold, and customer number for a sale transaction?

Raw data refers to data that has not been processed for use.

For example, unlike the perishable items to be ordered first or the lowest sales per week data, the data on the date, amount sold, and customer number for a sale transaction remain unprocessed and therefore raw.

Thus, the question that can be answered using only raw data is C. What is the date, amount sold, and customer number for a sale transaction?

Learn more about raw data at brainly.com/question/26207955

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8 0

3 years ago

Which of the following is especially crucial in the approach stage of the selling process?

Rashid [163]

Answer:

(E) ensuring the customer understands the company's history.

Explanation:

Approach phase is the third stage of selling process, in this the sales person meets the customer for the first time.

First 2 steps are prospecting and preparation.

Under prospecting the customers are identified who needs the products of the company.

Under preparation the slides are prepared about the company's product, that how it will be presented to the customer.

Under approach stage the salesperson meets the customer, and introduces where he came from, why he came, ad what does the company do.

After that only he further moves to understand and confirm with the estimated needs of customer.

Thus, statement (E) confirms that the customer knows about the company, and why the salesperson is here to meet him.

8 0

3 years ago

A firm is considering a simple investment project. If it goes forward, then the firm must pay $6 million now and $4 million in o

Diano4ka-milaya [45]

Answer:

Explanation:

Giving the following information:

The firm must pay $6 million now and $4 million in one year. Two years from now the project is expected to pay back $5 million, and three years from now it is expected to pay back another $10 million.

Io= -6,000,000

1= 4,000,000

2= 5,000,000

3= 10,000,000

i=0.25

We need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf= cash flow

NPV= 5,520,000

The firm should do the project when the net present value is positive.

8 0

3 years ago