The answer is C hope it helps
Answer:
Correct answer is (C)
Explanation:
Budgeted profit vs. actual profit, return on investment, profit
Answer:
The interest is $189.78
Explanation:
The computation of the interest on January 20 is shown below:
= Principal × interest rate × number of days ÷ total number of days in a year
= $7,000 × 8% × 122 days ÷ 360 days
= $7,000 × 8% × 0.338
= $189.78
The 122 days are calculated below:
September - 10 days
October - 31 days
November - 30 days
December - 31 days
January - 20 days
Total - 122 days
And we assume the 360 days in a year
Answer:
1. To reduce the company's tax bill, Jack uses total cost to value inventory instead of using product cost as required by law.
- Competence: accounting records must follows applicable laws, regulations and standards, you must IRA and GAAP rules when preparing financial statements and tax reports.
2. Since Emilie works in the accounting department, she is aware that profits are going to fall short of analysts' projections. She tells her aunt to sell stock in the company before the earnings release date.
- Confidentiality: accounting records must b confidential unless you are authorized to disclose them, and you are not authorized to disclose the information to your aunt.
3. Veronica pays a Mexican official a bribe of $50,000 to allow the company to locate a factory in that jurisdiction so that the company can take advantage of the cheaper labor costs. Without the bribe, the factory cannot be located in that location.
- Integrity: you must abstain from performing illegal activities, and bribery is illegal.
4. There is a failure in the company's backup system after a system crash. Month-end reports will be delayed. Kayla, the manager of the division experiencing the system failure, does not report this upcoming delay to anyone since she does not want to be the bearer of bad news.
- Credibility: you must report all relevant and important information regardless of whether that information will make you bad or not.
Answer: attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders.
An apartment is a row of houses with one common entrance and a hallway. It belongs to one building wherein the rows of apartment are attached and is managed by landlords.
