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Murljashka [212]
3 years ago
6

Importance of completing client records correctly

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0
The importance is particulalrly acute if your career consists of serving 
those clients, i.e., if that's how you make your living. If that's the case, 
then client records must be completed correctly, because if you don't, 
then it's only a matter of time before one of your mistakes is discovered 
and you find yourself in deep doo doo.  

Depending on exactly what kind of business you are in, correcting your
mistake might cost you big bucks.  But whether or not it costs you anything, 
the news that you don't always complete your clients' records correctly will 
spread like wildfire throughout your market of potential clients, and you will 
soon be out of business because you have no more clients. (They have all 
taken their business to somebody else.)  

You'll then be out on the street looking for another way to make a living, and 
wherever you go, your reputation for sloppy work and inaccuracy will ride into 
the employment interview on your back.  You may have to start at the bottom 
again, settling for a job where you have no clients ... and I can't even think of 
a job like that just now. 
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Which button in the Print Preview tab allows users to set specific margins on the page of a report?
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Answer:

Page Setup

Explanation:

Page set up allows users to determine how a print out will appear. The user can customize the page size and layout. The page setup dialog box is available under the Layout tab in the Ribbon menu.

Page layout makes it possible for users to set the print parameters. These parameters include paper size,  page orientation, page margins, and quality of the print.

6 0
3 years ago
Marigold Inc. disposes of an unprofitable segment of its business. The operation of the segment suffered a $192000 loss in the y
Furkat [3]

Answer:

The correct option is b. The income from continuing operations is $1141000.

Explanation:

Based on the information given we were told that the tax rate is 30% while the income before income taxes was $1,630,000 which means that the The income from continuing operations is $1141000 calculated as:

Income from continuing operations=[$1,630,000-(30%*$1,630,000)]

Income from continuing operations=$1,630,000-$489,000

Income from continuing operations=$1,141,000

5 0
3 years ago
There are four general ways of making observations: (1) direct versus indirect, (2) overt versus covert, (3) structured versus u
torisob [31]

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False

Explanation:

7 0
3 years ago
Forecasted depreciation expense, commonly estimated as: [(Current year depreciation expense / Prior year PPE, net) x Current yea
Radda [10]

Answer: True

Explanation:

The Statement of Cash flows is prepared to show the cash transactions of a company and only cash. The effect of anything non cash is not shown.

Depreciation is a non-cash expense which means that it reduces the net income without actually reducing the cash to the company. It would therefore be added back to the cash balance of the company so as to reflect that it did not reduce cash. The addition will be in the operating activities of the Statement of Cashflows.

8 0
3 years ago
Using the following data:
KonstantinChe [14]

Answer:

The answer is

A. 26.46%

B. $5,958,354.88

Explanation:

A.

IRR = CFo/(1 + IRR)^0 + CF1/(1 + IRR)^1 + CF2/(1 + IRR)^2 + CF3/(1 + IRR)^3 + CF4/(1 + IRR)^4 + CF5/(1 + IRR)^5

CFo = -$10,000,000

CF1 = $3,000,000

CF2 = $3,500,000

CF3 = $4,000,000

CF4 = $4,900,000

CF5 = $5,000,000

Using a financial calculator;

IRR = 26.46%

B.

NPV = -CFo + CF1/(1+ r)^1 + CF2/(1 +r)^2 + CF3/(1 + r)^3 + CF4/(1 + r)^4 + CF5/(1 + r)^5

CFo = -$10,000,000

CF1 = $3,000,000

CF2 = $3,500,000

CF3 = $4,000,000

CF4 = $4,900,000

CF5 = $5,000,000

Using a financial calculator;

NPV = $5,958,354.88

7 0
3 years ago
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