<span>The museum will earn $400 more. If they charged everyone $8 then both the 100 adults and the 200 students would buy admission. By discriminating in price they are able to charge the adults $4 more each. $4 x 100 = $400.</span>
Answer:
As we know the internal controls are not effective after a passage of time because there are familiarity threats which might result in the unethical behavioral implications. So to prevent or detect the management unethical behavior, we can do the following things:
Segregation of Duties
Checking the effectiveness of the internal control after every year or semi year.
Using only company bank account for all the payments and receipt.
Redesigning policies of the organization to ensure effective working of the internal controls.
Bank reconciliation at the month end
Landscaping is a good example.
The answer is B. It’s B because I really don’t know I just said something
Answer:
$9000
Explanation:
Depreciation is a systematic allocation of the cost of an asset over its useful life. One method of depreciation is the straight line method where the value of an asset is uniformly and gradually written off over its useful life
<u>Working</u>
Cost of asset - $90000
Useful life - 9years
Salvage value - $9000
Fiscal year - (Jan 1- Dec 31)
Depreciable amount- (90000-9000)= $81000
Annual depreciation (straight line ) 81000/9 = $9000
December 31 2017 depreciation expense = $9000*1/2 = 4500
Decemebr 31 2018 depreciation expense = $9000
