Why do many businesses use price competition?

After completing an investigation, internal auditing has concluded that an employee has stolen a significant amount of cash rece

gtnhenbr [62]

Answer:Option A

Explanation:

Auditing is an independent examination of the financial statement of an audit client to express a true and fair view on the statement examined.

Investigation is a much deeper aspect of auditing that wants to examine a particular aspect of in organization for example theft of cash, insurance claim etc.

The Auditor is only to report to the Board of Directors i.e the Engagement Officer.

The internal auditor must be concerned about the possibility of inclusion of a statement for which the accused employee could use to sue the organization. It becomes imperative for a draft of the proposed final communications on fraud should be submitted to legal counsel for review to prevent further liabilities for the organization.

6 0

3 years ago

Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re

artcher [175]

The best course of action is to ask Steve to generate quit-claim deeds on the properties. Even though the divorce decree grants ownership to Margot, she can't convey the properties until Steve either produces quit claim deeds OR agrees to convey the properties with her.

<h3><u>What is real estate?</u></h3>

Real Estate is referred to as the land as well as any permanent, whether natural or man-made, structures or improvements related to the property, such as houses.

Learn more about Real estate with the help of the given link:

brainly.com/question/10336196?referrer=searchResults

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7 0

2 years ago

Which of the following statements is correct? Select one: a. Supply curve A is perfectly elastic. b. Supply curve C is more inel

natali 33 [55]

The following statement supply curve A is perfectly elastic and supply curve B is perfectly inelastic are correct.

Explanation:

If there is no response from demand to prices and supply curve is vertical then the supply is perfectly inelastic.If there is more change in demand and very less change in price and supply curve is horizontal then the supply is perfectly elastic.

If the elasticity is greater than one that indicates high change in price known as Elastic supply. if the Elasticity is less than one that indicates low change in price then it is said to be Inelastic supply.

6 0

3 years ago

Select two ways of becoming a business owner. compare the advantages and disadvantages and decide which of the two you would pre

ankoles [38]

1. Start your own business; your independent but usual the business will fail
2. Take over a family-owned business - might not get alone with your family but you would be working with people your comfortable with

i really hope this helps

8 0

3 years ago

Read 2 more answers

At the beginning of the current period, Bramble Corp. had balances in Accounts Receivable of $196,800 and in Allowance for Doubt

olasank [31]

Answer and Explanation:

The journal entries are shown below:

a. Account receivable Dr $864,300

To Sales revenue $864,300

(Being the sales revenue is recorded)

Cash Dr $687,610

To Account receivable $687,610

(Being the collections is recorded)

2. Allowance for doubtful debts $6,804

To Account receivable $6,804

(Being the written off amount is recorded)

3. Account receivable Dr $3,219

To Allowance for doubtful debts $3,219

(Being the previous written off amount is recorded)

Cash Dr $3,219

To Account receivable $3,219

(Being the recovery is recorded)

4. Bad debt expense $18,075

To Allowance for doubtful debts $18,075

(Being the bad debt expense is recorded)

The computation is shown below:

= $24,000 - $9,510 + $6,804 - $3,219

= $18,075

Only these entries are recorded

3 0

3 years ago