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3 years ago

5

How long before the date of a convention should committees normally be formed? A. Six weeks B. Three years C. Three months D. On

e year

1 answer:

enyata [817]3 years ago

6 0

It would take D.One year .

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Two students are discussing the use of a trial balance. They wonder whether the following errors, each considered separately, wo

Natali [406]

Answer:

The use of a trial balance:

a) This error will not cause the two sides of the trial balance to disagree. A compensating error has occurred, because the Cash Account should have been credited and the Salaries and Wages Expense debited with $600.

b) This error will cause the two sides of the trial balance to disagree. The amount debited is not the same amount credited. The Accounts Receivable should have been credited with $900, not the Service Revenue.

Explanation:

a) The trial balance ensures that the total values of the debit and credit sides agree. It shows that accounts have been correctly debited and credited in the general ledger, with equal amounts.

b) Compensating errors arise when two accounting errors offset themselves, because the same mistake made on the debit side is made on the credit side

7 0

3 years ago

In two to three paragraphs, compare and contrast how people have historically treated natural resources and how this might chang

Maksim231197 [3]

Compare and contrast how people have historically treated natural resources and how this might change, using your new understanding of scarcity, conservation, and private property.

Answer: In the past people treated natural resources as an infinite source of wealth and commodity. But now that we know that there are physical limits to nonrenewable resources we have taken a new approach to preserve this resources by taking measures like natural resource management. A great example of this would be a private property regime where the resources benefits and duties fall under the owner(s).

I hope it helps, Regards.

8 0

3 years ago

As the evolution of personal selling continues, which of the following is not a predicted sales force response to an expected ch

Leviafan [203]

Answer:

D.

Explanation:

Based on the information provided within the question it can be said that the answer that is not a predicted response would be that more sales dollars will be spent on advertising. This is because the amount of money that is placed on advertising depends on various factors, such as the amount of money available for advertising , as well as amount of awareness/profit that those advertisements are generating.

7 0

3 years ago

Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20

pashok25 [27]

Answer:

Cost per machine = $2,440 per machine

Explanation:

Provided Information

Opening work in process = $23,000

Additions during the month

Direct Materials = $24,000

Direct Labor = $17,000

Manufacturing Overheads = $14,000

Total during the month = $55,000

Closing work in process = $17,000

Cost of manufacturing during the month = Opening + Additions - Closing

= $23,000 + $55,000 - $17,000 = $61,000

Number of machines produced = 25 machines

Cost per machine = $61,000/ 25 = $2,440 per machine

4 0

3 years ago

While auditing the financial statements of a nonissuer, a CPA was requested to change the engagement to a review in accordance w

oee [108]

Answer: Neither A not B

Explanation:

When an accountant compiles the financial statements of a nonissuer in accordance with Statements on Standards for Accounting and Review Services (SSARS), the accountant's report should include a statement: that the accountant does not express an opinion on the financial statements.

When an independent CPA assists in preparing the financial statements of a publicly held entity but has not audited or reviewed them, the CPA should issue a disclaimer of opinion. In such situations, the CPA has no responsibility to apply any procedures beyond Documenting that internal control is not being relied on.

8 0

4 years ago