Answer:
The correct answer is letter "D": Resources that will be used to benefit the company.
Explanation:
An asset is a <em>resource </em>with an economic value. Individuals, corporations, and countries expect the assets they own can provide economic benefits now and in the future. Assets can be tangible such as equipment and land or intangible including things like a brand, chemical formula or property rights.
Answer: Option C
Explanation: In simple words, vouching refers to the process in which an auditor confirms that something is accurate and true as described earlier.
While performing auditing, the auditor performs the vouching function by physically counting the inventory and compare the count results with the statements that are presented by the firm to make sure that the documents are accurate.
Hence from the above we can conclude that the correct option is C.
<span>The profit during the month was $44,0000, with $30,000 in credit and $14,000 in cash. The money they spent was $13,800. So the total cash at the end was $25,200.</span>
Answer: Other Financing Uses - Transfers Out.
Explanation: General fund account refers to a system whereby resources are recorded whose use are limited by the provider, government agency, or by law. These accounts do not emphasize profitability rather they emphasize accountability.
Answer:
$15 per hour
Explanation:
Labor productivity is defined as the number of goods and services produced by workers in an organization at a given point in time.
The formular for labor productivity is
= Output ÷ total work hour
= $600,000 ÷ 40,000
= $15
Therefore, labor productivity is $15 per hour