Answer:
E) Valerie
Explanation:
Going by the information in the above question, Valerie gets the watch
According to the law, the Watch will belong to Valerie and not Billy, and for the reason that one cannot buy something from anyone which doesn't belong to them.
So, the initial transaction that took place with Theona and Andy was null and void as well as any subsequent transaction were also nullified.
Answer:
B) Income from subsidiary is recognized from date of acquisition to year-end.
Explanation:
When an individual or a company purchase another business, they are responsible for all the gains and losses generated by that business starting from the exact moment that the sales transaction has been completed. E.g. if I buy a business on January 20, at 10 AM, I am completely responsible for the things that happen in the company after 10 AM.
Answer:
e. by receiving a reward commensurate with their performance.
Explanation:
The word equity means that something is fair. Thus, the equity theory states that employees are motivated when things are fair, and the very definition of fairness in the workplace is receiving a reward that is equivalent to personal performance.
According to this theory, people do not want to earn more than they deserve, they simply want to be compensated accordingly to what they produced.
Answer:
c. External audit.
Explanation:
These are options for the question
a.
Internal audit.
b.
Financial audit.
c.
External audit.
d.
Integrated audit
External audit in finance in finance is usually carried out by an external auditor to examine financial statement of an organization. It helps to know
the economic actions going on in the organization and how accurate is the financial statement.
It should be noted that External auditor that carry this out should be from another organization different from the company that the auditing is carried out in.
Answer:
8 hours
Explanation:
Here, we want to know the number of overtime hours worked.
From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours
What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time