Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.-- Existence and accuracy
What is an Accounts Receivable Confirmation?
When an auditor is examining the accounting records of a client company, a primary technique for verifying the existence of accounts receivable is to confirm them with the company's customers. The auditor does so with an accounts receivable confirmation
What does it mean to confirm account?
Account verification is the process of verifying that a new or existing account is owned and operated by a specified real individual or organization. A number of websites, for example social media websites, offer account verification services.
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Answer:
5 reasons why marketing is so important
Marketing informs. To attract consumers in a crowded marketplace, your target audience needs to know why they should choose your business over someone else's. ...
Marketing engages. ...
Marketing builds reputations. ...
Marketing sells. ...
Marketing grows businesses.
Explanation:
From Google
Answer: Debt-to-income (DTI) ratio
Explanation: The DTI ratio is one that considers the customer's debt relative to his disposable income (income available for spend after personal income tax deduction). The ratio varies from bank to bank. It is the number one thing a bank considers before granting a loan facility to a customer.
The fact that a customer is paying off all its due loan obligations in a timely manner without any default does not mean he is liable to obtain a loan facility if his DTI ratio is on the high side. If the DTI ratio is on the high side, it means the customer's debt is absorbing the substantial portion of the disposable income. To enable the customer get more facilities, <em>it is expected that the disposable income too should increase or better still if the customer can enhance / increase his earning capacities. </em>
<h2 /><h2>Answer:</h2>
Product mix, also known as product assortment or product portfolio, refers to the complete set of products and/or services offered by a firm. A product mix consists of product lines, which are associated items that consumers.
For example, your company may sell multiple lines of products.Or your product lines may be vastly different, such as diapers and razors.
Answer:
Marketing Intermediaries
Explanation:
Marketing Intermediaries work as a thoroughput between operations that produce goods and operations who use those goods.
