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Korolek [52]
3 years ago
13

During the process of confirming receivables as of December 31, Year 1, a positive confirmation was returned indicating the "Bal

ance owed as of December 31 was paid on January 9, Year 2". The auditor would most likely.
A. Determine whether there were any changes in the account between January 1 and January 9, Year 2
B. Determine whether a customery trade discount was taken by the customer
C. Reconfirm the zero balance as of January 10, Year 2
D. Verify that the amount was received
Business
1 answer:
romanna [79]3 years ago
8 0

Answer:

D. Verify that the amount was received.

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As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more mo
icang [17]

Answer:

The answer is C.

Explanation:

As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.

As price level falls, value of money decreases because a unit of money will more of goods or services.

During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.

With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.

8 0
3 years ago
Imagine that there are two economies in the​ world: Bostonia and New Yorkland.​ Bostonia's currency is the sock and New​ Yorklan
BigorU [14]

Answer:

Yank appreciates in relation to Sock

Explanation:

A contractionary monetary policy either results in increased interest rates in New Yorkland or reduced money supply or both.

Increased interest rated would mean that people would save more to take advantage of an increased saving rate. This would cause people to save money and thus reduce the supply of money. The law of demand and supply suggests that lesser supply would up the price that is it would appreciate. This is also true as people in Bostonia may also want to save in New Yorkland thus reducing the supply further as they demand more Yank.

Reducing the money supply any other way would mean as both countries are trade partners there will be demand for Yank but as supply is constricted, it would again appreciate.

Hope that helps.

3 0
3 years ago
Rhian believes he was unfairly passed over for a promotion, so he meets with his union steward to complain. The steward meets wi
bonufazy [111]
Why so that saying did correct answe right I don’t know the answer I am just answering to see something about my points because they are negative and I am trying something
7 0
3 years ago
A​ lump-sum purchase or basket purchase involves paying a single price for several assets as a group.
il63 [147K]

Answer:

TRUE

Explanation:

A basket purchase is the acquisition of a number of assets as a group, in a single purchase transaction. This is common when the basket purchase is lower than the price charged for individual assets.

7 0
3 years ago
David works for an organization that utilizes health record data to prove or disprove the efficacy of a healthcare treatment. Wh
Arisa [49]

David works for Research organisation

Explanation:

"Research organisation" means an institution such as a university or research institute, regardless of their legal status or form of finance, the main objective of which is basic research, experimental development and the distribution of their results through education, publication.

Operational efficiency is improved by providing clarity to the staff at every corporate level. With the organisation of an effective structure, doctors can spend much more time caring for patients and receiving revenue for practical terms with the right people in every role.

Although various types of databases are available, the most common method used in medical care is OLTP(Online transaction processing). A health database replaces old paper documentation, file folders, and file offices. The data is now easier and quicker.

7 0
3 years ago
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