Full question:
Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.
A) completeness and valuation
B) completeness and accuracy
C) rights and obligations and existence
D) occurrence and accuracy
<u>Answer:</u>
Auditors tests those controls to provide evidence supporting the completeness and accuracy presentation.
<u>Explanation:</u>
During the interim audit, the internal control system is documented and assessed. The completeness and accuracy of the erudition in the report superimposed which the auditor is relying on. Accuracy simply is inadequate. One requires to obtain certitude about both the completeness and the accuracy.
The statement that all the transactions that should hold been recorded are recorded is named completeness. A transaction is deemed accurate if: There is no fault while developing the supporting document, and there is no failure while posting this transaction.
The bal() function that is going to balance the loan after a period of 9 years would be A. bal(108)
<h3>How to solve for the bal() function</h3>
The question tells us that the loan balance would be calculated after the period of 9 years.
We have 12 months yearly in all of these 9 years.
Hence the function would be bal(12*9)
= bal(108)
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The preparation of the income statement for the year ended December 31 is as follows:
Sales $94,000
Cost of goods sold
Begininng finish goods inventory $20,000
Add:Cost of goods manufactured $41,000
Cost of goods available for sale $61,000
Less: Ending finish goods inventory -$17,000
Cost of goods sold $44,000
Gross margin $50,000
Less: Operating Expenses
General and Advertising Expenses $15,000
Selling Expenses $13,000
Total operating Expenses $28,000
Operating Income $22,000
Learn more about the income statement here: brainly.com/question/14308954
Given that <span>Kenya
makes sure that her company uses available technologies to listen to
what people are saying.
The strategy Kenya is using to respond to
negative criticism monitor the conversation</span>.
Based on the percentage of the extended warranty and the number of years it is to last, the effective cost per year is<u> d. $25.20</u>
First find the total warranty coverage for the dishwasher:
<em>= Warranty percentage x Cost of dishwasher </em>
= 21% x 960
= $201.60
The effective cost per year is:
<em>= Total warranty / Number of years </em>
= 201.60 / 8 years
= $25.20
In conclusion, the cost is $25.20.
<em>Find out more on extended warranties at brainly.com/question/2102527.</em>
