Answer:
b) an invoice approval initiates the recording of a purchase
Explanation:
A voucher system is used for the authorization of cash payments. Under such a system, a voucher is prepared stating what item is to be purchased, the account which would be charged and the amount of purchases.
Internal controls refer to the system of prevention and detection of frauds and misstatements by the management of an entity to ensure integrity of financial records and transactions.
A voucher system is one of the means of implementing internal controls whereby every purchase can only be processed by sanction of an authority who is authorized to pass the purchase. The voucher issuer and authorizing authority are of course different to ensure independence.
A toaster connect it to an app on your phone that tells you when your toast is donr, or when the toaster needs to be cleaned or repaired.
oh and also a camera so you can see your bread turn into toast cuz y not
Answer: Liability of $300,000
Explanation:
In the question above, what we have is a deferred tax liability, which could be explained as the amount accrued in taxes at a present time but payable in the future. The tax rate will not be based in the present tax rate. Thus is why we will not be using the 30% tax tate of 2018 in calculating the tax amount.
Tax rate = 40%
Exceeded tax basis = $750,000
0.4 × 750,000 = $300,000
Therefore, Johns-Hopper should report the deferred tax effect of this difference in its December 31, 2018, balance sheet as Liability of $300,000
Because saudi arabia and australia have <u>absolute advantage</u>, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
<h3>What is government?</h3>
Government can be defined as a group of people with the authority to govern a country.
So therefore, because saudi arabia and australia have absolute advantage, saudi arabia can specialize in the production of crude oil and petroleum products, and australia can specialize in the production of wool
Learn more about government:
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