A client-server relationship is the basic form of a ____

Which one of the following is not a physical control? Group of answer choices Bank safety deposit boxes for important papers Ind

VashaNatasha [74]

Answer: Independent bank reconciliations.

Explanation:

A bank reconciliation is a process by which the records of a bank account are verified to be correct, by comparing the personal records with the records that appear on the bank statement. This process is usually done independently when a company wants to audit its accounts and reconcile its processes.

Because this is a review of bank accounts (savings, payroll, checking accounts), no physical control is needed to do it, but rather a monetary control.

<em>I hope this information can help you.</em>

7 0

3 years ago

Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the

Anastaziya [24]

Answer:

$16,500

Explanation:

The computation of the deferred income tax liability for the year 2021 is shown below:

= Amount not included in tax return × enacted tax rate for 2022 year

= $66,000 × 25%

= $16,500

Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come

And, we ignored the other information given in the question

5 0

3 years ago

The beginning balance in Cash was $3,500. Additional cash of $2,000 was received. Checks were written totaling $2,500. The cash

Svetach [21]

Your bank account has 3,500 in it. You add 2,000 to your account because someone gave it to you. That will leave you with 5,500 But, its time for you to make out your monthly bills. So take your 5,500 in your account and subtract 2,500. it will leave you with a cash balance of 3,000.

6 0

3 years ago

Read 2 more answers

an analyst gathered the following data about a company: 1,000 common shares are outstanding (no change during the year). net inc

SashulF [63]

The company's diluted earnings per share is $4.09

<h3>What is Diluted Earnings per share?</h3>

A metric known as "diluted EPS" is used to assess how well a company's earnings per share (EPS) would perform if all convertible securities were exercised. The entire circulating supply of convertible preferred shares, convertible debentures, stock options, and warrants are considered convertible securities. Take a company's net income to determine diluted EPS.

Net income - any preferred/ by the sum of the weighted average number of shares outstanding and dilutive shares (convertible preferred shares, options, warrants, and other dilutive securities).

$5000-$500/1,100= $4.09

To know more about Earning per shares visit:

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8 0

2 years ago

Tammy, a resident of Virginia, is considering whether to purchase a $100, 000 North Carolina bond that yields 4.6% before tax. S

Degger [83]

Answer:

A. Virginia Bond: $4,500

North Carolina Bond: $4,451

B. Virginia Bond

Explanation:

A. Calculation to Determine the after tax income for Virginia Bond

Using this formula

After tax income for Virginia Bond=Face value*Virginia bonds of comparable risk

Let plug in the formula

After tax income for Virginia Bond=$100,000*4.5%

After tax income for Virginia Bond=$4,500

Calculation to Determine the after tax income for North Carolina Bond

Interest income before tax $4,600

(100,000*4.60)

Less State marginal tax ($230)

(5%*$4,600)

Interest income net of state tax $4,370

($4,600-$230)

Add Federal marginal tax $81

(35%*230)

After tax income for Noth Caroline Bond $4,451

Therefore the the after tax income from each bond will be:

Virginia Bond: $4,500

North Carolina Bond: $4,451

B. Based on the above calculation the options that will provide the greater after-tax return to Tammy will be VIRGINIA BOND reason be that it has high After tax income of the amount of $4,500 compare to Noth Caroline Bond which has After tax income of the amount of $4,451.

8 0

3 years ago

A client-server relationship is the basic form of a _____.