Answer:
Option C Social Factor.
Explanation:
Social factors includes the people's changing perceptions and preferences. In this case the customers of social networking was highly oriented towards using MySpace and started using Face-book, thereafter Whats-app was also among their priorities, Insta-gram stepped in and we saw a great market share capture by it. So the people preferences changes with time and this is Social factor (PESTLE Analysis).
Answer:
Journal Entry
Debit Pension Expense $111,691 Credit Bank $111,691
Explanation:
Computation of Pension expense
Service cost $88,500
Service cost amortization $10,600
Return on Plan asset - $63,100
Interest on liability $75,691
(688,100*11%)
Pension Expense $111,691
Answer:
b. Completeness
Explanation:
Cut off tests are designed to ensure that transactions which relate to a particular period are reported in that very period.
Assertions refers to the claims made by the management and it's staff relating to various aspects of the business.
Cut off procedures provide an auditor with evidence against management's assertion of completeness and occurrence of a transaction.
Completeness refers to whether transactions pertaining to a period have been recorded.
Occurrence means that recorded transactions ain't fictitious and have actually happened.
Answer: the greater the dampening, or smoothing effect
Explanation:
The smoothing constant determines the level at which a forecast is influenced by previous observations. It simply determine the sensitivity of forecasts with regards to the changes in demand.
It should be noted that large values of α will lead to a scenario whereby forecasts will be more responsive to the more recent levels. On the other hand, the smaller values will result in a damping effect. Therefore, the closer the smoothing constant to α, the greater the dampening, or smoothing effect.
Answer:
Organisational control refers to the systematic process of regulating a company's activities to make them consistent with the expectations established in plans, targets, and standards of performance
Explanation:
Organisational control involves the process of influencing the members of an organisation to work in line with the achievement of the objectives of the organisation. organisational control when properly designed is capable of improving the organisation's performance because it will allow the organisation to effectively execute its strategies.
Organisation control involves setting standards, measuring performance and ensuring that performance conforms with standards and if need be make corrections.
