Answer:
administrative trade policy
Explanation:
A country might create safety standards for certain products that other nations can't comply with. As a result, these nations can't be involved with exporting parts for those goods and trade does not exist. These safety standards are a form of administrative trade policy.
Administrative trade policies are bureaucratic rules that are almost always <u>deliberately designed to restrict the flow of a particular import into a country</u>.
Answer:
C. authorization, payment, and recording.
Explanation:
This is on the principle of segregation of duties as a measure of internal controls. This principle requires that duties are properly separated to ensure that the risk of misstatement and misrepresentations due to fraud or error are mitigated.
For a good system of internal control for which the principle of segregation of duties is applied, one person should not be allowed to initiate, authorize, pay and record transactions. This is to ensure that errors or acts of fraud made by one party involved in the process is prevent, or detected by another and is corrected.
As such, the right option is C. authorization, payment, and recording.
Answer:
Note: The full question is attached below
S/No Accounts titles and Explanation Debit ($) Credit ($)
A. Accounts receivable 5,200
Service revenue 5,200
(To record the service revenue)
B. Cash 3,100
Service revenue 3,100
(To record the service revenue)
C. Cash 1,500
Unearned service revenue 1,500
(To record the advance received for the services to be provided)
D. Cash 4,600
Accounts receivable 4,600
(To record the collection of amount)
E. Rent payable 1,100
Cash 1,100
(To record the payment of bill)
F. Rent expense 1,200
Rent payable 1,200
(To record the accrual of rent expense)
