You would have to divide the number of bushels by the price.
I believe the correct answer among the choices is:
b) They do not capture most nonmarket economic activity
<span>The National Income and Product Accounts or NIPA is one
of the main sources of the data on general economic activity in the United States.
The greatest drawback to this is that it is only a prediction, it does not
really reflect all the acitivities.</span>
The separating of recordkeeping from the custody of assets a limitation of an internal control system because:
- In example above, fraud could occur only if the two employees collude (agree to work together to commit fraud)
- Employee maintaining accounting records has no incentive to falsify records.
- Employee controlling asset will know if another person is maintaining records or not.
- The employee who controls/has access to an asset should not maintain that asset's accounting records.
<h3>
What is meant by Internal Control?</h3>
- Internal controls are the mechanisms, rules, and procedures implemented by a corporation to ensure the integrity of financial and accounting information, promote accountability, and stop fraud.
- Internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting, besides complying with laws and regulations and preventing employees from stealing assets or committing fraud.
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When performing work, there are specific requirements depending on which work Hayleah performs and these are <u>B) </u><u>Government </u><u>auditing </u><u>continuing education </u><u>requirement</u>
When dealing with governmental accounting:
- There are certain rules that must be followed.
- The specific rules imposed are to ensure better management of tax payer funds.
As a result, when a California CPA is involved in governmental work, specific rules known as the government auditing continuing education requirements will most likely apply.
In conclusion, option B is correct.
Find out more about different accounting standards at brainly.com/question/24441480.
Answer: See explanation
Explanation:
Debt = 0.65
Weight = 39.39%
Cost for debt = 2%
Product = 39.39% × 2%
= 0.3939 × 0.02
= 0.007878
Equity = 1.00
Weight = 60.61%
Cost for equity = 6%
Product = 60.61% × 6%
= 0.6061 × 0.06
= 0.036366
Weighted average floatation cost:
= 0.007878 + 0.036366
= 0.044244
= 4.42%
The true cost of the building will then be:
= Funds needed / (1 - Floatation cost)
= $43,000,000 / (1 - 0.044244)
= $43,000,000 / 0.955756
= $44,990,562