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3 years ago

Identify the detective control below.

Business

1 answer:

Darina [25.2K]3 years ago

7 0

Answer:

Reconciling the bank statement to the cash control account.

Explanation:

The reason is that the detective approach is the one which helps in identification of the errors in recording the facts and figure in a control system is the detective control. In this case, bank reconciliation helps in accessing the errors and entries that are not recorded in the books of accounts hence it is a detective control.

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Answer:

The correct answer is C. Validity check.

Explanation:

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All of the following are examples of retailers EXCEPT?

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your answer is c.

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it says they all sell their own products except c, which says they sell consmetics, not retailing their own

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An individual who believes that an action is ethical because others within his or her company and industry regularly engage in t

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probably a <u>relativist</u>

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3 years ago

During a pandemic, an economy goes into a recession due to a decrease in aggregate demand. Assume the government creates a progr

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The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.

Increase in expenditure = $700 billion.

Marginal propensity to consume = 0.6

The amount of spending based on the information given will be:

= 0.6 × $700 billion

= $420 billion.

Therefore, the correct option is $420 billion.

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3 years ago

Suppose an American worker can make 20 pairs of shoes or grow 100 apples per day. On the other hand, a Canadian worker can produ

Elan Coil [88]

Answer: Higher; Comparative advantage

Explanation:

A country or a firm has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodities is lower than the other country or firm.

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

Therefore,

United states's Opportunity cost of producing a pair of shoes = $\frac{100}{20}$

= 5 apples have to be foregone for producing a pair of shoes

Canada's Opportunity cost of producing a pair of shoes = $\frac{20}{10}$

= 2 apples have to be foregone for producing a pair of shoes

Hence, Canada has a comparative advantage in producing pairs of shoes because Canada's opportunity cost of producing a pair of shoes is lower than United states opportunity cost.

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3 years ago