...increase due to unemployed people becoming employed and joining labor force, along with the fact that the working age population is staying constant
Answer:
D. ensure that she credits the loan amount accurately to the customer’s account
Explanation:
Erin needs to address this legal responsibility, and "arranging an informal meeting with the customer" is not a legal responsibility. Similarly, C is not a legal responsibility, and in fact, it is a crime. And E is not a legal responsibility. These details are not being given at the time of sanctioning the loan. However, D is certainly a legal responsibility as Erin needs to ensure that she credits the loan amount accurately to the customer's account.
Answer:
B) Objectives 2 and 3
Explanation:
Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.
Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.
Answer and Explanation:
The computation of the dividend per share for each class of stock for four years are as follows
Preferred stock
= 25,000 shares × $25 × 3%
= $18,750
The dividend per share is
= $18,750 ÷ 25,000 shares
= $0.75
Now for the first year
= $7,250 ÷ 25,000
= $0.29
And the 0 is for Common stockholders
For the second year
Preferred stock
= $11,750 ÷ $25,000
= $0.47
And the 0 is for Common stockholders
For the third year
Preferred stock
= $0.46 + $0.28 + $0.75
= $1.49
And for the Common stockholders
= $27,900 ÷ 31,000 shares
= $0.9
For the fourth year
Preferred stock = $0.75
And, for the common stockholders
= $94,860 ÷ 31,000 shares
= $3.06
When evaluating the usefulness of information, you want to make sure it is up to date.
I would say, saying this is up to date meaning there talking about like the day of the month or year.
Hope this helps :)
