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Dafna1 [17]
3 years ago
6

The auditors obtain audit evidence for accounts receivable by using positive or negative confirmation requests. Under which of t

he following circumstances might the negative form of the accounts receivable confirmation be useful?A. A substantial number of accounts are in disputes.B. The combination of inherent risk and control risk is high.C. Client records include a large number of relatively small balances.D. The auditors believe that recipients of the requests are unlikely to give them consideration.
Business
1 answer:
prisoha [69]3 years ago
8 0

Answer:

C

Explanation:

A. Substantial number of accounts does not specify if these are large or small amounts, and large amounts would need to have a positive confirmation.

B. If these risks are high, there needs to be postivie confirmation from the clients of the company since there is high risk involved.

D. If the clients are not going to give them consideration, and the point of a negative confirmation is that it is a valid receivable, there is no way of knowing if they didn't reply if its correct or if they just didn't reply.

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kirza4 [7]

Answer:

1. How do customers judge the quality of a supermarket?

They judge the quality of a supermarket depending on their values and most urgent needs.

Customers who value quality, and even luxury, will say that a good supermarket is one that offers high quality products.

Customers who value price, will prefer a low-cost supermarket.

2. Indicate how and why each of these factors is important to the successful operation of a supermarket:

a. Customer satisfaction - a very important factor because it determines how well the supermarket is serving its customers.

b. Forecasting - the supermarket needs to forecast all sorts of things, from, sales forecasts, to profit forescasts, to costs forecasts.

c. Capacity planning - the supermarket needs to know what it is actually able to do, and what projects it can embark on, for this, it needs to do a lot of capacity planning.

d. Location - Location is extremely important for a supermarket. It determines a large part of the customer demand because customers prefer supermarkets to be close to where they live.

e. Inventory management - Supermarkets need to manage inventories carefully, specially because a lot of the goods that a supermarket sells, are perishables.

f. Layout of the store - The Supermakert needs to be careful when determining the layout of the store. Customers want a layout that is easy to navigate, and where goods are placed according to a coherent classification.

g. Scheduling - The supermarket needs to establish a convenient schedule for its customer base.

What are some of the ways Wegmans uses technology to gain an edge over its competition?

Wegmans is characterized for its early adoption of ground-breaking technologies. For example, recently Wegmans developed a mobile application to assist blind shoppers.

6 0
3 years ago
Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cu
Oksanka [162]

Answer:

A

Explanation:

5 0
3 years ago
Career skills refer only to the simple tasks employees perform. True or False
Eva8 [605]
It would most likely it would be false
3 0
3 years ago
Read 2 more answers
Who is the principal Federal official for domestic incident management? A. FEMA Administrator B. Federal Coordinating Officer C.
hram777 [196]

Answer:

C.

Explanation:

The individual that acts as the principal Federal official for domestic incident management is referred to as the Secretary of Homeland Security. The individual in this role is responsible for overseeing the proper functioning of the Department of Homeland security which deals with counter-terrorism, cyber-security, aviation security, and border security among other things. Today the individual in this position is Chad Wolf.

7 0
3 years ago
Plutonic Inc. had $400 million in taxable income for the current year. Plutonic also had a decrease in deferred tax assets of $5
andrew-mc [135]

Answer:

Deferred tax is increased by $130 million

Explanation:

We have given income = $400 million

Company is subject to a tax rate of 40 %

So tax rate = 40 %

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6 0
3 years ago
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