<span>This is goal specificity. Claudia has set a goal that is not only verbalized, but it has been specified to an exact amount. Values that do not meet this threshold will be considered to have been a failure to meet the goal. This allows for management of resources to better allocate them in a way that will meet the stated threshold.</span>
Answer:
D.A large number of accounts receivable are in disputeExplanation:
The impact of the given error on the financial statement should be an overstatement of the assets.
- Since the adjusting entry for depreciation is omitted i.e.
Depreciation expense Dr XXXXX
To accumulate depreciation XXXXXX
(being depreciation expense is recorded)
Here depreciation expense is debited as it increased the assets and credited the accumulated depreciation as it decreased the assets.
So if the above journal entry is omitted so it means the assets should be overstated.
Learn more about the depreciation here: brainly.com/question/15085226
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Answer:
The strategy is to convert the U.S. $1,000,000 into Won at the spot exchange rate of 200 Won/$, and then inevest it in South Korea by hedging with a short position in the forward contract.
Explanation:
From the question, the following facts can be obtained:
1. The 13 percent interest rate in South Korea (on an investment of comparable risk) is greater than the 1.810 percent (that's a six month rate, not an annual rate) U.S. T-bills.
2. The six month forward rate of 220 Won/$ is greater than the spot exchange rate of 200 Won/$.
Based on the 2 facts above, the best strategy is to convert the U.S. $1,000,000 into Won at the spot exchange rate of 200 Won/$, and then inevest it in South Korea by hedging with a short position in the forward contract.