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Kazeer [188]
3 years ago
11

Identify the items/accounts from the following list that are likely to serve as source documents.

Business
1 answer:
Evgesh-ka [11]3 years ago
3 0

Answer and Explanation:

The following are the items that considered as a source documents

a. sales ticket

b. Telephone bill

c. Invoice from supplier

d. The bank statement

These four items would be classified as source documents

Basically the source document is the information that used as a source for recording the accounting entries either in electronic form or in paper form

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According to the Security Risk Management: Building an Information Security Risk Management Program From the Ground Up textbook,
Minchanka [31]

Answer with Explanation:

<u>Risk which can’t be mitigated</u>: The risks that the share price would fall due to sudden political environment instability or events that effects the economy will definitely affect the business operations as well. Thus are the risks that can not be mitigated at all. Another example would be Corona virus implications on the operation of the company which is again a risk that can't be mitigated.

<u>Risks, that aren’t worth the effort to reduce the exposure any further: </u>

The part of the sentence talks about the risk exposure which says that if the company doesn't resides in an area which is not prone to seismic activity and the chances of earthquake in a country is below 0.000001% which is almost negligible but still it is worthless to purchase the earthquake insurance. As this risk is almost negligible hence it is not worth the effort to reduce the exposure any further.

<u>Risks that wouldn't be addressed in short term due to other priorities: </u>

The risks that will not occur in the next 12 month, can be addressed after 6 months and thus allowing the company to prioritize the risks that must be resolved first. This means that if their is a risk that one of our several products that would be launched after 12 months from now will not be winning customer market can be addressed after 6 months because it is dependent on our future action. If we don't launch our product, our product is not rejected by the customer. Hence situations like this allows us to prioritize our risks.

5 0
3 years ago
A company has $100,000 in assets, 1000 shares outstanding and no debt. If EBIT is $20,000, the interest rate on debt is 10% and
LekaFEV [45]

A company has $100,000 in assets, 1000 shares outstanding, and no debt. If EBIT is $20,000, the interest rate on debt is 10% and its tax rate is 40%, then its EPS is 12 per share.

Earning Per Share (EPS) indicates the agency's profitability by means of showing how a great deal of cash a commercial enterprise makes for each proportion of its stock. The EPS parent is determined by way of dividing the employer's net income by using its outstanding shares of common inventory. however, it's miles taken into consideration the higher the EPS quantity, the more worthwhile the employer.

To find the ESP use the formula

ESP = Net Income / Common Share O/S- Net Income = 20000 - 0 -20000 * (.40) = 12000

ESP = 12000 / 1000 = 12 per share

Therefore Earning per share is 12 per share.

Earnings Before Interest and Taxes (EBIT) is a hallmark of an enterprise's profitability. EBIT may be calculated as sales minus charges with the exception of tax and hobby. EBIT is likewise referred to as running profits, operating earnings, and income before interest and taxes.

Learn more about EBIT here brainly.com/question/14565042

#SPJ4

7 0
2 years ago
Sophie is attending college next year. She just got information on the college costs and the financial aid package the college i
Katarina [22]

Answer:

B. $3,750

Explanation:

Sophie will need to add up all her costs (tuition, room and board) and then add up all her funding sources (financial aid/money from parents). The difference between these two amounts is what is still owed which she will have to pay from her own savings or loans.

Costs: 11,750+11,500 = 23,250

Funding: 9000+7000+3500= 19,500

$23,250 - $19,500 = $3,750

8 0
3 years ago
Read 2 more answers
Which methods can be used to run a query? Check all that apply.
Yuri [45]

Answer:

Option B and C

Explanation:

A query can be run by selecting query option visible through deign view option. After selecting the appropriate option, the query must be run. This shall execute the function for the selected option.  

Like wise in data sheet view, one can see the action query  before running it.  

Hence, option B and C are correct

5 0
3 years ago
Read 2 more answers
The assertion that "There is no free lunch" means that:
kati45 [8]

Answer:

The correct answer is option B.

Explanation:

The statement "There is no free lunch" means that no product is made for free. Production of any good or service requires resources. These resources are scarce and have alternative uses. So in order to produce any goods or services limited resources are used and its alternative uses are sacrificed.

5 0
3 years ago
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