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AlekseyPX
3 years ago
7

A trial balance would only help in detecting which one of the following errors? Offsetting errors are made in recording the tran

saction A transposition error when transferring the debit side of journal entry to the ledger A transaction that is not journalized A journal entry that is posted twice
Business
1 answer:
Stels [109]3 years ago
7 0

Answer:

The transposition error, that occurs when transferring debit side of journal entry to the ledger balance.

Explanation:

Transposition error is an error in which the letters of a number are exchanged, that is for example the correct value = 25,968 but it is entered as 2,9568 there 9 and 5 are reversed that is there places are changed, in this case there will be a difference in debit and credit balance in trial balance.

Because this only amount is not recorded correctly. The amount recorded as against debit or credit of this particular amount is recorded correctly and thus, trial balance will not match.

This will be clearly identifiable.

Correct statement is

Statement 2

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From the point of view of economics, information systems technology can be viewed as a factor of production that can be substitu
Anna71 [15]

Answer: True

It can be replaced by traditional systems, however, it is not the most appropriate, because information systems help us organize information about a company so that it can be good for reading, analyzing and making decisions, if it does not comply with these principles then we can say that the company is becoming a bit more inefficient.

Traditional systems work, however, in terms of information systems, we can also have the decrease in information errors, so it is important that they be as automated as possible.

3 0
3 years ago
Land held for possible plant expansion would be included as an operating asset when computing return on investment (ROI).
Softa [21]

Answer:

B. False

Explanation:

Land held for possible plant expansion would NOT be included as an operating asset when computing return on investment (ROI).

Return on investment (ROI) is used to measure the profitability of an investment. It helps to compare the gain or loss from an investment in relation to its cost.

Return on investment can be used to determine

1. Profitability of a stock investment,

2. Profitability of the purchase of a business investment

3. Profitability of a real estate business

ROI = Net return / cost of investment × 100

Net return= Final value of investment - initial value of the investment

6 0
3 years ago
Tp-7 on gasoline powered boats, when should the blower be operated?
gayaneshka [121]
The answer is: <span>, the blower should be operated after refueling and before starting the engine
In a boat, the blower's function is to safely remove the residual from the fuel that is used to move the boat.
If we do not start the blower properly, there is a chance that our boat could explode while in the middle of operation.</span>
5 0
3 years ago
you have to wait until it says i posted it 1 minute ago if answer before u will be elminated 2 more to go
Blizzard [7]

Answer:

GG

Explanation:

GG

7 0
3 years ago
Read 2 more answers
Suppose that Italy and Switzerland both produce fish and stained glass. Italy's opportunity cost of producing a pane of stained
weqwewe [10]

Answer:

Italy has comparative advantage in production of stained glass

Sweden has comparative advantage in pounds of fish.

Italy can gain from trade if it receives more than 4 pounds of fish for stained glass.

Sweden can gain from the trade if it receives more than 1/10 stained glass for every pound of fish.

d. 6 pounds of fish per pane of stained glass.

Explanation:

Italy and Sweden both countries can produce stained glass and pounds of fish. Italy can produce 4 pounds of fish per pane of stained glass while Sweden can produce 10 pounds of fish per pane of stained glass. This means Italy has comparative advantage in production of pane of stained glass while Sweden has comparative advantage in pounds of fish.

3 0
3 years ago
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