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3 years ago

What is a common workflow error that can cause duplicate expenses in QuickBooks Online?

Business

1 answer:

kow [346]3 years ago

5 0

Answer:

A common workflow error that can cause duplicate expenses in QuickBooks Online is:

Duplicating any transaction.

Explanation:

The reason behind this is that duplicating transactions is very common because it might originate before the accounting process is made. It can be executed by any manager or someone in the resources acquisitions department. That is why the books have to be reviewed at two different moments from two different departments. Accounting first and then finance. To check that everything is correct.

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Scientific management approach has lost its relevance. How might today's

Setler [38]

Answer:

syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance

6 0

3 years ago

A benchmark market value index is comprised of three stocks. yesterday the three stocks were priced at $12, $20, and $60. the nu

Olenka [21]

Answer: The one day rate of return on the stock is 1.49%

We arrive at the answer in the following manner:

First we need to calculate yesterday's and today's index values.

For that we need to find weights of each day based on market capitalization.

$Market Capitalization _{ a stock} = Market Price * No .of outstanding shares$

The weight of a company in the index is calculated by dividing the market capitalization of a company by the total market capitalization of all the companies whose shares are a part of the index.

$Weight_{Company A} =\frac{Mkt Cap of company A}{Total Market cap}$

Then, we multiply the share price of each company with their respective weights and find the total to arrive at the index value for one day.

Yesterday's Index Value

Stock Price No. of shares Mkt Cap Weight Weight*Price

A 12 600000 7200000 0.25 2.96 (0.25*12)

B 20 500000 10000000 0.34 6.85(0.34*20)

C 60 200000 12000000 0.41 24.66 (0.41*60)

Total 29200000 1.00 34.47

We calculate the weight for stock A as follows:

$Weight_{A} =\frac{72,00,000}{2,92,00,000} = 0.2466 = 0.25$

We calculate the weights of the remaining stocks in a similar manner.

Please note that the sum total of all weights must add up to 1.

The sum total of the last column (Price * Weight) is yesterday's index value.

We repeat the same steps with today's market price to arrive at today's index value.

Today's index Value

Stock Price No. of shares Mkt Cap Weight Weight*Price

A 16 600000 96,00,000 0.31 4.95 (0.31*16)

B 18 500000 90,00,000 0.29 5.23 (0.29*18)

C 62 200000 1,24,00,000 0.40 24.80(0.40*62)

Total 3,10,00,000 1.00 34.98

One-day Rate of Return

We can calculate the one day rate of return on the index as follows:

$Rate of return = [\frac{(Today's index value - Yesterday's index value}{Yesterday's index value}) * 100$

$Rate of Return = ( \frac{34.98 - 34.47}{34.47}) * 100$

$Rate of return = (\frac{0.51}{34.47}) *100$

Rate of return = 0.01494 or 1.49%

8 0

4 years ago

A(n) ______ indicates the maximum quantity of a product that may be brought into a country during a specific time period:

mash [69]

What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.

<h3>What does quota mean?</h3>

A quota is the maximum monetary value of a good and service that can be imported into a country for a specific period.

The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.

To learn more about imports, please check: brainly.com/question/26497713

5 0

3 years ago

During February 2018 its first month of operations, the stockholders of Bonita Enterprises invested cash of $49500. Bonita had c

hichkok12 [17]

The balance in Cash at February 28 = $44900

Explanation:

Given:

Cash invested by stockholders of Bonita Enterprises = $49500

Cash revenues of Bonita = $10100

Expenses paid by Bonita = $14700

Calculation of balance in cash as follows:

The balance in Cash at February 28 = Cash Invested + Cash Revenues - Paid Expense=$ 49,500 + $ 10100 - $ 14,700= $ 44900

Hence the correct answer is $44900

5 0

4 years ago

Vito borrows $150,000 from Workers & Farmers Bank to buy a home. If he fails to make payments on the mortgage, the bank has

mariarad [96]

Answer: Option C

Explanation: Foreclosure is something that occurs if the mortgage is not paid by a borrower. In fact, it is a judicial process through which the person relinquishes all ownership rights.

If the owner is unable to settle off the outstanding loans or sell property through a short sale, then the estate will go to an exchange for foreclosure. If the estate does not sell then, it will be taken over by the lender.

When a lender loans you money without any collateral (credit card debt, for instance), it can take you to court for failure to pay, but it can be very hard to collect money from you.

Lenders often sell this sort of debt to outside collection agencies for pennies on the dollar and write off the loss. This is considered an “unsecured loan.”

5 0

3 years ago