The correct answer is empowerment. Empowerment is being
defined as a power or authority given to an individual by which the individual
holds this power or authority into doing something or taking a certain action
with the associated power or authority.
The most reliable procedure for an auditor to use to test the existence of a client's inventory at an outside location would be to: Observe physical counts of the inventory items.
<h3>
Which of the following audit procedures is best to perform to determine that company legally owns inventories?</h3>
To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the: Purchase cutoff procedures. Purchase cutoff procedures should be designed to test whether all inventory Owned by the company was recorded.
Observe merchandise and raw materials during the client's physical inventory taking.
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Answer:
amount of direct materials that should be used for each unit of finished product including an allowance for normal inefficiencies, such as scrap and spoilage.
Explanation:
Standard quantity per unit is defined as materials that the manufacturer needs to complete a unit of a product. It also allows for inefficiencies such as spoilage and scrap.
It is used by managers to reduce wastage that exists during production by allocation of only the required amount of direct materials in the production process.
Answer:
a) Breakeven price = Purchase price + Interest amount that would have been earned on the invested amount
Breakeven price = 23 + [23*e^(0.05*1/2) - 23]
Breakeven price = 23 + 0.5822477721
Breakeven price = $23.5822477721
b) Profit = Selling price - Breakeven price
Profit = $23.80 - $23.5822477721
Profit = $0.2177522279 per share
I am not Sure What the question is explain a little better