Answer:
a. Record the adjusting entry related to outstanding checks, if necessary.
No adjusting entry is necessary for recording outstanding checks.
b. Record the adjusting entry related to bank service charges, if necessary.
June 30, 202x, bank fees expense
Dr Bank fees expense 20
Cr cash 20
c. Record the adjusting entry related to Check No. 919, if necessary.
June 30, 202x, adjusting entry for mistake on recording Check No. 919
Dr Cash 9
Cr utilities expense 9
d. Record the adjusting entry related to the June 30 deposit, if necessary.
No adjusting entry is necessary for recording deposits on transit.
Joan's decision would be described as a "heuristic decision"
Answer:
2012 - 2013
a. Return on equity 26,2% - 25,0%
b. Return on assets 14,0% - 14,3%
c. Return on sales 18,1% - 18,5%
d. Total assets to shareholders' equity 1,88 - 1,75
e. Asset turnover 0,77 - 0,77
Explanation:
2012 2013
TOTAL ASSETS $191.225 $212.440
TOTAL EQUITY $101.975 $121.165
Income Statement 2012 2013
Sales $147.860 163.585
Net Income after Taxes $26.765 30.340
An audit involves the review and evaluation of the records and processes that are used to prepare the organization's financial statements.
Answer: To answer this, we must first add the options.
A) richness
B) depth
C) dynamism
D) complexity
The answer is D. Complexity
Explanation: The Environmental Complexity of an organisation is the total amount of elements or components involved in an organisation's operations. This also includes the extent of the knowledge that the organization has about those components/elements.
The company in the question above reduced it environmental complexity from 3,000 suppliers to less than 300.
