Answer:
$7million understated
Explanation:
Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.
In the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy is e. implementation of the task changes.
<h3>What is the
integrative framework?</h3>
A integrative framework can be described as the means of negotiation decision making to conceptualize the actions,as well as contingencies of all possible outcomes, options and scenarios.
It should be noted that this applied integrative negotiations can be seen as one that is with the intention of incorporating the goals and aims of all the negotiating parties to create maximum value .
Therefore, option E is correct.
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Answer:
Expenses ; revenues ; adjusting
Explanation:
According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.
This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information
Answer: all money in circulation throughout the economy
Explanation: apex
