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Dominik [7]
3 years ago
14

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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Which of the following situations leads to an unplanned increase in inventories of $2.0 trillion? A. real GDP = $5.0 trillion an
timama [110]

Answer: C. real GDP = $6.0 trillion and aggregate planned expenditures = $4.0 trillion

Explanation:

Unplanned Inventory arises when Real GDP is larger than Planned Expenditure because it must satisfy the below formula,

Real GDP = Planned + Unplanned expenditure

For Option C,

Real GDP = 6.0 trillion,

Planned expenditure = 4.0 trillion

Unplanned Expenditure = Real GDP - Planned Expenditure

= $6.0 trillion - $4.0 trillion

= $2.0 trillion

Therefore Option C is correct as it led to a $2.0 trillion increase in Expenditure which translates to inventory.

5 0
3 years ago
Anchor Company purchased a manufacturing machine with a list price of $160,000 and received a 2% cash discount on the purchase.
Contact [7]

Answer:

$162,200

Explanation:

The computation of the cost recorded in the asset account is shown below:

= List price - cash discount + freight cost + installation charges

= $160,000 - $3,200 + $2,400 + $3,000

= $162,200

The cash discount is computed below:

= List price × cash discount percentage

= $160,000 × 2%

= $3,200

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Who do you think mergers help the most, consumers or the businesses that merge?
sweet [91]

Mergers may improve product quality, which benefits consumers. For example, the merger of two start-up software companies could result in better quality products and faster time-to-market as the merged entity takes advantage of the research capabilities and facilities of their legacy companies.

3 0
2 years ago
Two types of valve guides
Papessa [141]

Valve guides are one of the components in the engine that are subjected to a hard thermal and mechanical stresses. There are 3 specific types of valve guides, and they are :

Mono-metallic Valves - Produced with the idea of hot extrusion process or stamping process;

Bi-Metallic Valves - Make as possible to use the perfect combination of materials, both for the steam and the head;

Hollow Valves - This Valve guide have a particular use that it helps to reduce the weight and also reduce the temperature. Filled with sodium, the shaker effect of the sodium means that heat can go from the valve head to the valve stem,  after this  the temperature reduction of between 80°C and 150°C can be achieved.

8 0
2 years ago
A stock has a beta of 1.15, the expected return on the market is 10.3 percent, and the risk-free rate is 3.1 percent. What must
kvv77 [185]

Answer:

The expected return on this stock is 11.38%.

Explanation:

We apply the Capital Asset Pricing Model (CAPM) to solve the problem.

Under the CAPM, we have:

Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate).

in which:

Risk-free rate is given at 3.1%;

Beta is given at 1.15;

Return on Market is given at 10.3%;

So:

Return on a stock = Risk-free rate + Beta * ( Return on Market - Risk free rate) = 3.1% + 1.15 * ( 10.3% - 3.1%) = 11.38%.

Thus, the answer is 11.38%.

8 0
3 years ago
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