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MAXImum [283]
3 years ago
12

Assertions about account balances at year-end typically include _______.A. existence, completeness, and allocationB. existence,

completeness, and rights and obligationsC. existence, occurrence, and cutoffD. accuracy, valuation, and occurrence
Business
1 answer:
Ksenya-84 [330]3 years ago
7 0

Answer:

The correct answer is letter "B": existence, completeness, and rights and obligations.

Explanation:

Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of <em>auditing</em> the firm's financial statements. There are three (3) types of assertions which are:

  • Transaction-level assertions: <em>accuracy, classification, completeness, cutoff, and occurrence. </em>
  • Account balance assertions: <em>completeness, existence, rights and obligations, and valuation. </em>
  • Presentation and disclosure assertions: <em>accuracy, completeness, occurrence, rights and obligations, and understandability.</em>
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A small consulting company in Waikiki, Hawaii struggles financially because of limited access to economic resources. This compan
Leviafan [203]

Answer:

relationship era.

Explanation:

The consulting company in Waikiki uses technology to built emotional bond with its customers. This determines that the company is using concept of relationship era. Companies believing in Relationship marketing era focus on creating long term relationship with its existing and prospective customers. The business wants to create an emotional relation with its customers so that they remain loyal to the business.

7 0
3 years ago
Gary's Pets hired a managerial accountant to help forecast the company's expenses and income for its first year in business. Thi
zimovet [89]

Answer:  The Annual report is the financial plan of Garys's Pets of moving strategy from Point A to Point B over for the year.

Explanation:

Every company furnishes and publishes its Annual Report for the public review per year. It can be considered as the Report which is formulated with the help of four subreports produced in each quarterly period. Point A is the stage of implementation of project of many plans. Then when the company achieves its target and then it can release a strong financial statement of the Annual Report.

The Annual Report not only administers the actual scenario of business development, but it also exhibits the good reputation of the company to attract more customers by adopting powerful business strategies.

7 0
3 years ago
Freight car loadings over an 18-week period at a busy port are as follows: A- Determine a linear trend line for expected freight
padilas [110]
The linear equation that best fits the given data is
y = 19.19x + 213.53
after data processing

In week 20 and 21, the expected loading is
y = 19.19 (20) + 213.53 = 597.33
y = 19.19 (21) + 213. 53 = 616.52

The week when the load is 776 is
776 = 19.19x + 213.53
x = 29.3 ~ 30 weeks
8 0
3 years ago
Click this link to view O*NET’s Work Styles section for Executive Administrative Assistants. Note that common work styles are li
statuscvo [17]

Answer:

1,2,5,6

Explanation:

Edge 2021

Hope this Helps! :)

3 0
3 years ago
10. The assembly worker reached for an Allen wrench in the workplace, hesitating momentarily while searching for the correct siz
Yuri [45]

Answer:

Explanation:

The list can be seen below.

Sequ    Therblig     Therblig                 Description

ence     symbol       name

1          TE       Transport empty   \text{Reach for the Allen wrench in the workplace}

2          St         select                   \text{ Select the correct size}

3          G         Grasp                   \text {Grasp the Allen wrench}

4          TL       Transport loaded  \text{Pick up and move Allen wrench toward screw}

5          P         Position                \text{Position Allen wrench into hexogonal socket}

6          RL       Release               \text{Release grip on Allen wrench}

7          TE       Transport Empty \text{Move wrist and finger in preparation for turning}

8           U         Use                    \text{Twirl Allen wrench with one continuous motion}

9           TE       Transport empty \text{Reposition wrist and hand}

10          G         Grasp                 \text{Grip Allen wrench in preparation for tightening}

11           U          Use                  \text{Tighten screw with Allen wrench}

8 0
2 years ago
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