________ examines organizational units for efficiency, effectiveness, and adequate controls.

Reports that trace the entry of and changes to critical data values are called ____ and are essential in every system.

ivanzaharov [21]

Answer:

audit trails

Explanation:

Reports that trace the entry of and changes to critical data values are called audit trails and are essential in every system.

8 0

2 years ago

Select two skills and two personal values that you feel you have to offer in the workplace. Discuss the importance of these skil

klemol [59]

For me the two personal values its to bring Sarcastic Humor to the work place and Value to make hard descisions. Why are these things inportant? Well because If you bring comedy it boosts moral in the office and the ability to make hard desicions is useful to get a higher postion in your job.

6 0

2 years ago

Short Company purchased land by paying $15,000 cash on the purchase date and agreed to pay $15,000 for each of the next ten year

gogolik [260]

Answer:

Option D is the correct answer,$ 88,338.48

Explanation:

The liability reported in the balance sheet can be computed by using the pv formula in excel which is stated thus:

=-pv(rate,nper,pmt,fv)

rate is the incremental borrowing rate of 11% per year

nper is the number of payments required to settle the obligation which is 10

pmt is the amount of yearly payment in order to fully settle the debt owed which is $15,000 per year

fv is the future worth of total payments which is not unknown,hence taken as zero

=-pv(11%,10,15000,0)=$ 88,338.48

The correct answer is $ 88,338.48

3 0

2 years ago

in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017. The company also repaid $776,200 of e

sertanlavr [38]

Answer:

The complete question from the start is "Carla Vista Company increased its investments in marketable securities by $318,370 and paid $1,218,231 for new fixed assets during 2017"

a. Investing activities

+ Proceeds from sales of marketable securities $318,370

- Purchase of new fixed assets $1,218,231

+ Proceeds from sale of fixed assets $332,002

Net cash used for investing activities -$567,859

Note: The answer is cash outflow

b. Financing activities

- Repayment of long term debt $776,200

+ Proceeds from raising new debt capital $913,575

- Repurchase of stock $52,501

Net cash inflow from financing activities $84,874

Note: The answer is cash inflow

8 0

2 years ago

A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. Assuming 6

NARA [144]

Answer:

35.35 days

Explanation:

For the computation of company’s days’ sales in receivable first we do the following calculations

As we know that

Profit margin = Net income ÷ Sales

0.086 = 187,000 ÷ Sales

Sales = 2,174,418.605

So,

Credit sales = Sales × Sales percentage

= 2,174,418.605 × 0.6

= 1,304,651.163

Receivables turnover ratio = Credit sales ÷ Receivables

= 1,304,651.163 ÷ 126,370

= 10.3241

Now

Days sales in receivables = 365 ÷ Receivables turnover

= 365 ÷ 10.3241

= 35.35 days

4 0

2 years ago