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marta [7]
3 years ago
10

Which of the following is not true about the confirmation of accounts receivable?A. Confirmation requests should bear the audito

rs' return address.B. Confirmation requests should be signed by the auditors.C. Confirmation requests should be mailed directly by the auditors.D. Confirmation requests should include a return envelope addressed to the office of the auditors.
Business
1 answer:
grigory [225]3 years ago
6 0

Answer:

B

Explanation:

A. The return address needs to be included in order for the purchaser/seller to directly confirm the accounts receivable without the client having involvement.

C. Similar to A, the confirmation requests should be sent directly to the auditor to ensure that no client involvement is included.

D. Similar to A and C, the key to confirmations is that the client has no involvement in the confirmation, to reduce and eliminate the risk of meddling.

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melamori03 [73]

Answer:

a. $17.44 per hour

b. $43,600 ; $104,640

Explanation:

The computation is shown below:

a. Single plantwide overhead rate equals to

= Total Overhead Amount ÷ Budgeted Direct Labor Hours

where,

Total overhead amount is

= $625,000 + $900,000 + $105,000 + $175,000 + $300,000 + $75,000

= $2,180,000

And, the budgeted direct labor hours is 125,000

So, the overhead rate is

= $2,180,000 ÷ 125,000

= $17.44 per hour

2. Now the overhead cost is

For Deluxe model

= 2,500 direct labor hours × $17.44 per hour

= $43,600

For basic model

= 6,000 direct labor hours × $17.44 per hour

= $104,640

7 0
3 years ago
What Are D O P E Rap Songs?????
navik [9.2K]

Answer:

How I Move Flipp Dinero

Make 10 Lougotcash

Explanation:

7 0
4 years ago
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One of two office clerks in a small company prepares a sales invoice for $4,300; however, the invoice is incorrectly entered by
Anton [14]

Answer:

Using predetermined totals to control posting routines.

Explanation:

A validation methods to avoid errors is the batch total control, that verificate the transcription errors and transportation errors.

Validations aims to make sure that data is sensible, reasonable, complete and  within acceptable boundaries.

The batch total checks that something is not missing by adding together a number field in different records and checking the total. For example, if an invoice has three items costing 1,2 and 3, the control will look for a batch total of 6.

8 0
3 years ago
assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. all else being constant, as the
Tatiana [17]

All else being constant, as the nation produces more missiles, B. every additional missile will reduce consumer goods production by more and more.

<h3>What is the law of diminishing marginal returns?</h3>

The law of diminishing marginal returns states that after some optimal level of capacity is reached in a production process, an additional factor of production would result in a lessening of consumer goods or output (quantity of production).

This ultimately implies that, the law of diminishing marginal returns would only hold for an economic situation in which some inputs are variable and some inputs are fixed.

In this context, we can infer and logically deduce that as the nation produces more missiles (all else being constant), every additional missile will cause a decrease in the production of consumer goods by more and more in accordance with the law of diminishing marginal returns.

Read more on diminishing marginal returns here: brainly.com/question/13767400

#SPJ1

Complete Question:

Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the nation produces more missiles,

the opportunity cost of consumer wants being satisfied will diminish.

every additional missile will reduce consumer goods production by more and more.

the more likely it is to satisfy all consumer wants.

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2 years ago
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Natasha2012 [34]

Answer:

Business Market

Explanation:

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Cynthia's firm is interested in the business markets

A market is a place where buyers and sellers meet to transact goods and services. Business markets are essentially marketplaces corporations/organizations buys raw materials and components for finished products.

In this contest Cynthia's company will be interested in a business market because there are organisations that are in need of what her company produces. They have the capacity and the financial resources to purchase transmission lines and electrical installation services

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4 years ago
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