1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DedPeter [7]
3 years ago
11

A. identify the phase of the audit in which each activity occurs.

Business
1 answer:
Goshia [24]3 years ago
4 0

What’s the question?

You might be interested in
Parker owned all of Odom Inc. Although the Investment in Odom Inc. account had a balance of $834,000, the subsidiary's 12,000 sh
Lorico [155]

Answer:

$128,400

Explanation:

Account balance $ 834,000,

Subsidiary's 12,000 at $56 per share. Odom Issued 3,000 at $70 per share

$ 56 X 12,000 = $672,000

$ 672,000+ $70 X 3,000 = $ 882,000

$ 882,000 X .80 = $ 705,600

$ 705,600 – $ 834,000 Investment Account Balance = $128,400

Therefore Reduction in Investment Account is $128,400

The Transaction affect the Investment in Odom inc account because their is reduction in the investment Account from $834,000 to $128,400

3 0
3 years ago
The actual and standardized budgets will be equal when: 
A. The rate of inflation is zero
B. The economy is at full employment
C
alexira [117]

Answer:

The correct answer to the following question is B) the economy is at full employment.

Explanation:

Standardized budget which is also know as full employment budget , is used to measure the federal budget deficit or surplus , with the given tax rates and government spending. Here the assumption made is that the economy has full employment, and this is one of the major difference between standardized and actual budget . Also standardized budget would reflect any type of adjustment that has to be made in the actual budget. So therefore the only way that actual budget and standardized budget are equal is when they both have full employment present in the economy.

8 0
3 years ago
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called:_________
liraira [26]

Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.

A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.

A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.

Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.

To know more about transaction cycle here

brainly.com/question/13445906

#SPJ4

3 0
1 year ago
Hey how is everyone's morning going so far
Firdavs [7]

Answer:

good hope you're doing great!

4 0
2 years ago
If an investment adviser representative transacting business in a state terminates employment with a state registered investment
Aleksandr [31]

Answer:

B

Explanation:

If an investment adviser representative transacting business in a state terminates employment with a state registered investment adviser, both the representative and the investment adviser must notify the Administrator promptly.

3 0
3 years ago
Other questions:
  • The following information is available for Birch Company at December 31: Money market fund balance $ 2,910 Certificate of deposi
    7·1 answer
  • Durham offers to sell his pick-up truck to estelle for $1,500. estelle agrees. they complete and sign a printed form titled "con
    13·1 answer
  • More magazine is a publication designed to appeal to women aged 40 and over. demand for such magazines is an example of how chan
    11·2 answers
  • g "Seidman Company manufactures and sells 30,000 units of product X per month. Each unit of product X sells for $16 and has a co
    11·1 answer
  • Mr. Leghorn lives next door to Mr. Fudd. During hunting season, Mr. Fudd likes to shoot rabbits in his backyard, which activity
    7·1 answer
  • Unilever discovered that people in emerging economies could not afford to buy standard sizes of toothpaste or shampoo, so Unilev
    11·1 answer
  • What services does the Purdue University Online Writing Lab (OWL) offer?
    8·1 answer
  • The inputs used to produce goods and services are also known as prices. institutions. resources. output. costs. g
    11·1 answer
  • List three professionals other than lawyers that can handle some legal matters for you.
    14·1 answer
  • Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!