<span>When a company is using double-entry accounting, the elements of a given ledger that must be equal are the debit and the credit. They should reflect the balance of the books. There should be an equal amount in the debit column and in the credit column.</span>
Answer:
<u>means that management has to investigate every budget difference.</u>
Explanation:
- Management has an exception as the practice f examining the financial and operational results of a business. Only bringing the issues to the attention of management when substantial differences in budgets or within the expected amount.
- The concept assumes that business managers handle cases that derive them from the norms and have the main disadvantage of calculation mistakes that results from a large variety of data and finding errors to be consuming activity.
Answer:
Dennis Kozlowski was found guilty of grand larceny, falsifying business records, securities fraud, and conspiracy. He later admitted to have been driven by excessive greed as he overcompensated himself when he served as CEO of Tyco.
Explanation:
Dennis Kozlowski during his crime trial was found to have received "$81 million in unauthorized bonuses, the purchase of art for $14.725 million, and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director," according to wikipedia.com.
Answer:
if it is only one answer then it is E. Responsibility and if to answers it is E. Responsibility and A. Specialization
Explanation:
they both symbolize business
Explanation:
The preparation of the bank reconciliation statement is presented below:
Miller Co.
Bank reconciliation statement
August 31
Particulars Amount Particulars Amount
Bank cash balance $3,471 Company cash balance $3,844
Deposits in transit $824 Less: Error $9
($43 - $34)
Less: Outstanding Less: service fee -$90
Check -$550
Bank balance Company balance
After reconciliation $3,745 After reconciliation $ $3,745
