Answer:
$1,120
Explanation:
Ending Merchandise Inventory is value of closing inventory in hand, to be valued at lower of cost or net realizable value or replacement value
Here, cost of closing inventory = 7 units X $160 each = $1,120
Since current realizable/ replacement value = $1,155
Cost is less than realizable value, therefore cost will be considered.
Thus ending merchandise inventory will be valued at total of $1,120.
Answer:
a. 20.00%
Explanation:
Monthly loan payment
= (685000*10%*8/12 + 685000)/8
= $91,333.33
PV = -685000
Nper = 8
Using RATE function
= RATE(8,91333.33,-685000,0)*12
= 20%
Therefore, The loan's annual percentage rate (APR) is 20%.
If an auditor is asked to observe the overstatement of sales, the auditor trace transactions from The cash receipts diary should be linked to the sales journal.
<h3>How would an auditor detect the
overstatement of sales?</h3>
The auditor detect the overstatement of sales are given below-
- Observe a sample of transfers from the sales journal to the central ledger's sales account.
- Approve a sample of sales from the sales diary to the shipment papers.
Thus, The cash receipts diary should be linked to the sales journal.
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Answer:
Organizational politics.
Explanation:
An interest group can be defined as a group of people sharing common aims, ideas and concerns, which seeks to influence government or a public policy.
This ultimately implies that, the interest groups consists of individuals who are only concerned about influencing public policy of the government on the basis of a particular common aim and interest.
Similarly, when actions by individuals in a organization are directed toward the goal of furthering their own self-interests such as being promoted, traveling to get estacodes, training, courses, etc., it is generally termed as organizational politics. Thus, you will see such employees (individuals) getting closer to top the executive management and patronizing them, in order to be in their good books.
Answer 1: A flabby expression is the one which consists of the expressions that make it difficult or inhibiting for the people o understand the main point in a sentence. It hinders complete understanding of what is being conveyed. Following are such sentenced;
- In addition to the above, the client is of the opinion that, as a general rule, Comic Sans font is childish.
- I worked on the MarkMaster campaign for the period of 35 hours last week.
- In very few cases will he return text messages.
Answer 2:
Being concise is one of the major tools used to write business emails and messages to save time of the reader and also convey the message.
a) Because every other office is occupied, it’s recommended that we should convert Dr. Blake’s office into a lounge
b) You can assist callers in many ways.
c) The team has finished the accounting assignment. Please review our questions in column D.
d) I would like to inform you that the Johnson report might not be complete by the deadline.
Answer 3:
Redundancy is the presence of words or sentences that are not required or that have been repeated in a sentence for no real reason at all.
In the question above, the word "absolutely" is redundant because it is followed by the term "essential" which very well identifies the absolute nature and importance of the act followed ahead.
Both the words are hinting towards the same meaning which makes it redundant.