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4vir4ik [10]
3 years ago
7

When scheduling the audit work to be performed on an engagement, the auditors should consider confirming accounts receivable bal

ances at an interim date if:
A. Subsequent collections are to be reviewed.
B. Internal control over receivables is good.
C. Negative confirmations are to be used.
D. There is a simultaneous examination of cash and accounts receivable.
Business
1 answer:
Dvinal [7]3 years ago
7 0

Answer:

The correct answer is letter "B": Internal control over receivables is good.

Explanation:

Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.

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6: the cost of a protein bar increased from $2.50 to $2.80. the percent increase in the $2.80 rate was how much?
fredd [130]
<span>The original cost of protein bar = $2.50
 The increased cost of protein bar = $2.80
 Therefore, the increase in price of the protein bar = $2.80-$2.50 =$0.30 percentage increase = (Difference in price / Original price) x 100
  =(0.30/2.50)x100
  =(3/25)x100
  =3 x 4
  =12%</span>
5 0
3 years ago
Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S
lubasha [3.4K]

Answer:

The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

Explanation:

The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.  

<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>

5 0
3 years ago
What does the price of diesel fuel in russell ks have to do with the price of bread in boulder co?
Scilla [17]
T<span>he equipment to plant, harvest, and transport grain used by the farmers in KS is powered by diesel fuel. Therefore, an increase in the price of the fuel will also increase the price of the bread. The main ingredients of the bread </span>are <span>coming from the farmers' harvest of grain. When the price of the fuel would increase, the farmers would be selling their grains at a higher price which would yield to a higher price of the bread.</span>
5 0
3 years ago
(root 1 + Cos A )/(root 1 minus Cos A)​
WITCHER [35]

Answer:

??????????????????????????????

5 0
3 years ago
LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to
VladimirAG [237]

Answer:

$739.72 ≈  739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

  • fv = $1,000
  • pmt = $1,000 x 7.25% x 1/2 = $36.25
  • nper = 60
  • rate = 10% / 2 = 5%
  • present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0
3 years ago
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