Answer:
The answer is T that is (True)
Explanation:
First of all, we need to understand that internal control in technology advanced accounting system are designed policies and procedures integrated into the system to give it integrity and reliability.
The purpose are mainly to curb but not limited to issues like fraud, generating timely and effective reporting, reassuring investors, give a forensic over view of business operation success and proactively identify financial challenges.
The internal controls in advanced accounting can either be preventative, consequentially deterring fraud and mistakes, or detective, consequentially identifying challenges after they have occurred
This two aforementioned objective of the internal control in technology advanced accounting are embedded in the design and operation of the system stage, thereby confirming the statement to be true that Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents
Answer:
D) purchasing euro call options.
Explanation:
If Lazer purchased euro call options it would be basically buying the right to purchase euros at a specified currency exchange rate. This way Lazer would know what is the maximum amount it will have to pay for the euros it needs to cover its debts. The call option give the buyer the right to purchase the euros but not the obligation, so if the euro depreciates, then Lazer can simply decide to not use the call option.
Answer:
approximately $6,676,000
Explanation:
the value of the inventory that was destroyed by fire = beginning balance on January 1 + purchases made before the fire + freight costs - cost of goods sold
inventory destroyed by fire = $6,900,000 + $3,032,000 + $342,000 - ($5,140,000 x 70%) = $10,274,000 - $3,598,000 = $6,676,000
The value of Rewards anticipated by workers is labeled <u>v</u><u>a</u><u>l</u><u>a</u><u>n</u><u>c</u><u>e</u><u> </u>in expectancy theory.
Answer:
Correct option is (A)
Explanation:
Given:
40% gain would be yielded on selling price of $2,240.
Let cost price be x.
Cost price will be 140% or 1.4 times cost price is selling price. It can be written in the following equation form:
1.4x = 2,240
x = 2,240 / 1.4
x = $1,600
Cost price = $1,600
Desired profit = 50%
Selling price = 1.5 times cost price
= 1.5 × 1,600
= $2,400
