Answer:
The difference between the function of an accountant and an auditor is that the accountant is responsible for keeping the administration of all the financial records of the company, and the auditor is responsible for ensuring that all these processes are in accordance with the laws.
both differ with professionals who do not belong to the branches of economic sciences.
Answer:
Equivalent annual cost ($) 294,177,861.7
Explanation:
From PVIF table, the value of PVIF (8%, 1) is 0.9259
= 1,690,522,500
Equivalent annual cost ($)
from PVIF and PVIFA table, the value of PVIFA (8 %, 8) is 5.7466
Answer:
how many push ups + how many sit ups = all together
20+80= 100
Options:A) Present value of a single amount
B) Future value of a single amount
C) Simple interest
D) Present value of an annuity
E) Future value of an annuity
Answer:B) Future value of a single amount.
Explanation: Future value of a single amount is an accounting concept used to describe how much a single lump sum of money deposited in a bank account would have grown up to after a given period of time. Future value of a single amount can be obtained by
multiplying the principal(P)*the interest rate(I) * time(t) The interest rate is expressed as a decimal.
The FV = P(1 + rt).
Future value of a single amount is usually used in calculating the total accrued amount of fixed deposits accounts,it is a single period investment.
Answer:
B - Frank is entitled to the value in the partnership, but not to become a full partner.