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Inessa [10]
2 years ago
15

A number of factors influence the sample size for a substantive test of details of an account balance. All other factors being e

qual, which of the following would lead to a larger sample size?
a. Greater reliance on internal control
b. Greater reliance on substantive analytical procedures
c. Smaller expected frequency of errors
d. Smaller measure of tolerable misstatement
Business
1 answer:
umka2103 [35]2 years ago
8 0

Answer: D. Smaller measure of tolerable misstatement.

Explanation:

The sample size simply means the number of participants that are included in a study. They're the group of subjects which are picked and selected from the population and represents the general population for that study.

From the options given, it should be noted that a smaller measure of tolerable misstatement will lead to a larger sample size.

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An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty
erica [24]

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

4 0
3 years ago
why do small-business owners want to determine whether their companies meet the standards for small-business designation? becaus
FrozenT [24]

The small-business owners want to determine whether their companies meet the standards for small-business designation because the government agencies offer benefits designed to help small businesses compete with larger firms.

<h3>Why small business is important?</h3>

A privately held corporation, partnership, or sole proprietorship that employs fewer people and has a lower yearly income than a corporation or regular-sized business is referred to as a small business. Hence by keeping the money close to home and assisting local communities and neighborhoods, they boost local economies.

Small enterprises ensure that local communities pay more in taxes and that the money stays in the community by raising the level of taxation. Additionally, it lowers poverty levels as more people start their own businesses and more people get jobs. 

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7 0
10 months ago
Beau borrows $15,000 from credit center to buy a car. The lender assigns the right to receive the loan payments to debt collecti
alexandr1967 [171]

Beau gets a $15,000 loan from a credit union to buy an automobile. Debt  receives the assignment from the lender of the authority to accept loan payments. Beau can be sued by the assignee if he refuses to pay the loan.

A payment is the voluntarily made exchange of money, its equivalent, or other valuables by one party (such as an individual or business) for a loan another's goods, services, or to satisfy a legal obligation. Payer refers to the party sending the money, whereas payee denotes the recipient of the payment.

In principle, the payee is free to choose the payment method he or she will take; nevertheless, most payments regulations often compel the payer to accept the nation's legal cash up to a specified maximum. Except loan otherwise otherwise agreed by the parties, payments are typically made in the payee's native currency.

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5 0
1 year ago
The decision to innovate
sukhopar [10]

Answer:

D hope that helps you out

7 0
3 years ago
Which of the following statements is false concerning the use of ABC in service industries?
ELEN [110]

Answer:

b. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.

Explanation:

The cost pool method are the same we should look for activities which add value to the product to provide a more accurate product costing.

In cases of services the company will also determinate activities considering this premise therefore, there is no especial nature to offer to the client.

6 0
3 years ago
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