The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
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The answer is B.
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Answer:
customer relationship process
Explanation:
customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.
Answer:
Projects W and X have lower expected returns
Projects Y and Z have higher expected returns
Explanation:
Given
Solving (a): Compare the expected return of each project to 12.1%
Expected Return of each project is calculated as:
For Project W:
Lower Expected return
For Project X:
Lower Expected return
For Project Y:
Higher Expected return
For Project Z:
Higher Expected return
There is no question in (b)