The correct answer is "ending inventory of one period is the beginning inventory of the next period."
An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets, and equity, but also the next period's statements because ending inventory of one period is the beginning inventory of the next period.
That is why the manager has to be strict regarding the inventory of a company. Inventory has a cost that can be translated into money. So accountants have to be perfect regarding the inventory. So yes, ann error in keeping the inventory affects the company in that the ending inventory of one period is the beginning inventory of the next period. An internal audit can reveal the mistakes in accurately keeping the inventory. So it is better to put extra attention in the process so nothing wrong would be revealed after the audit.
Answer and Explanation:
Forecast error is a difference between Estimated data and real data, here Estimated data is referred to as forecast data.
According to rational expectations principles, expected forecast error's average always near to be zero.
Expected forecast error may be forecast or predict in future.
So, Expected forecast error will be zero (0%)
Answer:
Provincial Government means, anything done before the commencement of the Constitution, the authority or person authorized at the relevant date or administer executive government in the Province in question.
Example:
Canada has 10 provinces, making it a provincial government form.
Answer:
giving more attention to employees increases worker productivity, if they think managers care about them.
Explanation:
Hawthorne effect establishes that when the workers are observed they improve their productivity. When the initial experiment was done, the investigators were trying to prove that the improvement of workers environment increases the productivity; when they improve the lighting conditions the productivity improved, but when the study finished the productivity was reduced again. In that way they realized that when the workers are observed they improve their productivity because they feel that the managers care about them and their results.
