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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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Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345. 40. What is Andrewâ€™s net federal inc

ASHA 777 [7]

Based on the information given Andrewâ€™s net federal income tax rate is c. 11.8%.

Using this formula

Net federal income tax rate=Federal income taxes / Taxable income

Where:

Federal income taxes= $5,345.40

Taxable income=$45,300

Let plug in the formula

Net federal income tax rate=$5,345.40/$45,300

Net federal income tax rate=0.118×100

Net federal income tax rate=11.8%

Inconclusion Andrewâ€™s net federal income tax rate is c. 11.8%.

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3 years ago

Dallas Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,

tino4ka555 [31]

Answer:

1,732,960

Explanation:

The sales is $37,080,000

The net operating income is $3,108,960

The average operationg assets is $8,600,000

The required rate of return is 16%

The divisional residual income can be calculated as follows

= 3,108,960-(16/100×8,600,000)

= 3,108,960 - (0.16×8,600,000)

= 3,108,960-1,376,000

= 1,732,960

Hence the residual income is closest to $1,732,960

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3 years ago

Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up th

Marianna [84]

Answer:

A.) Write a business plan

Explanation:

A business plan is a docent that describes nature of the business, growth and sales strategies, and projected profits.

It is a road map that shows how a business will be set up, how it will function to meet set goals, and financial projections that demonstrates the viability of the business idea.

Deon will have to come up with a business plan that summarises his vision of setting up the car wash. On the basis of this SCORE will make a decision about helping him start the company.

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3 years ago

Describe how money that you save in the bank can be channeled to an investor.

ankoles [38]

If a monthly investment is being done then you can set up a once month automatic payment.<span> Write a check in the name of investment or you can also make an electronic transfer to the establishment you are investing in. </span>

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3 years ago

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Before the annual "blue versus red" football game, sara bet on the blue team, who then lost. after the game, she claimed she kne

algol [13]

Before the annual “Blue versus Red” football game, Sara bet on the blue team who later lost. After the game, she claimed she knew the blue team would lose. This illustrates hindsight bias which is also known as knew it all long effector tiptoeing determinism. It is the disposition after an event has occurred, to see the event as having been expectable in spite of there having been little or no objective basis for forecasting it. It is multifaceted phenomenon that can affect can cause exciting methodological problems while trying to analyze, understand and interpret results in investigational studies. In Additional, one example of the hindsight bias is when after viewing the outcome of a potentially unforeseeable event a person believe he or she “knew it all along.”

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3 years ago