The correct answer is
A. Football Field
The reason for this is because the football field is the place where she was abducted. Although other crimes were committed the beginning of the crime starts with her abduction.
Answer:
A. Interest earned on the depositor's account
B. Deposit in transit and Note collected by the bank for the depositor
Explanation:
In Financial accounting, bank reconciliation can be defined as an evaluation which give a complete details of the financial items responsible for any difference between the balance of the cash account in the balance sheet and the cash balance reported in an entity's bank statement. These reconciliations should be done at regular intervals so as to ensure a balanced record of the cash account are kept by an organization or firm.
Adjusted balance ends the bank section of a bank reconciliation. Thus, in the event of any fraudulent behavior by an employee, the bank reconciliation would detect any anomaly or financial fraud in the organization.
In a nutshell, after a reconciliation of the bank statement, the adjusted bank balance should be equal to the company's ending adjusted cash balance on the balance sheet.
The items that would be added to the book balance on a bank reconciliation include the following;
A. Interest earned on the depositor's account.
B. Deposit in transit and Note collected by the bank for the depositor.
Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.
Answer:
1. B
2. A
3. D
4. C
Explanation:
1. Activity variance
B) the difference between a revenue or cost item in the flexible budget and the same item in the planning budget.
The activity variance is as a result of difference between the actual level of activity in the flexible budget to the assumed level of activity in the planning budget.
2. Planning budget
A) a budget created at the beginning of the budgeting period that is valid only for the planned level of activity.
Planning budget is a process of evaluating earnings and expenses and project their monetary intakes and outtakes for the future made by an individual or company.
3. Flexible Budget
D) a report showing estimates of what revenues and costs should have been, given the actual level of activity for the period.
Flexible budget adjusts with changes in volume and activity
4. Spending variance
C) the difference between the actual amount of the cost and how much the cost should have been, given the actual level of activity
This is unfavorable if the actual cost is greater than what the cost should have been and favorable if the actual cost is less than what the cost should have been.
