Answer:
bots
Explanation:
A bot is an application which simulates an individual's interaction with other users or systems. They are usually able to perform simple and repetitive tasks in large quantitative which would be very improbable for a human to perform, e.g. they can spend several days in social media applications.
In this case, brokers probably used bots to purchase tickets by making several small purchases.
Answer:
C. 1. Identify the actual quantity of output. 2. Calculate the flexible budget for revenues based on budgeted selling price and actual quantity of output. 3. Calculate the flexible budget for costs based on budgeted variable cost per output, actual quantity of output, and actual fixed costs.
Explanation:
Any budget starts by determining our current output level.
To calculate the sales budget we must estimate our total revenue using our current output level and the estimated selling price for the next period. If we are certain that our output level will increase or decrease significantly over the next period, we can use the estimated output level instead of the current output level.
To calculate the costs budget we must estimate the variable costs per unit times the current output level (variable costs budget) and then we add the estimated fixed costs, which are not necessarily our current fixed costs.
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Answer:
$251,000
Explanation:
The computation of the total book value of the firm's assets is shown below:
= Historical cost of building + cost of other fixed asset - total depreciation charged on the various assets + current liabilities + net working capital
= $189,000 + $56,000 - $49,000 + $36,600 + $18,400
= $251,000
We added the other cost which is computed above and deduct only the total depreciation so that the total book value of the firm's asset has come
Answer:
C. sanctioning financial transactions in advance in the future
Explanation:
Sanctioning a financial transaction means approving or authorizing a transaction to be executed. Requiring approval for financial transactions is one of the measures of internal control. Employees are required to seek approval from management or authorities before proceeding with transactions.
Richard should demand that he sanctions all transactions in advance. Through this measure, he will get details and explanations of financial transactions before they happen.
