Answer:
The correct answer is letter "A": The internal control structure.
Explanation:
The internal control structure of a company encompasses the firm's organizational objectives in regards to ensuring policies and federal laws, accurate operating information and accounting records, protecting the company's from threats, and measuring employees' performance to help them improve their efficiency.
Answer:
Explanation:
1) Schedule of cash receipts:
Since 100% of account receivable is collected in the month following the month of sale, which means $290,000 will be collected in July.
2) If there are no sales in September, amount of accounts receivable the company will report on its 3rd quarter balance sheet will be 0. Otherwise, the ending accounts receivable at the end of 3rd quarter will be = sales amount in September.
Answer:
Explanation:
1.Convenient: Indirect taxes are more convenient to pay. ...
2.Less Pinching: The announcement effect of indirect taxes does not provoke resentment, because they cause less annoyance to the public as they are not felt directly. ...
3.Not Easily Evadeable: ...
4.Broad based: ...
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Answer:B) Copyright
Explanation:
A copyright is a legal protection that gives the original inventors of a product the exclusive right to manufacture, sell ,use a product for a limited time.
A copyright prevents others from duplicating a product during the years the copyright is active.
A trademark is a logo of a brand , product or company.
Patent is a legal right given to an inventor that prevents others from using ,duplicating or selling the invention for a period of time usually twenty years.
A warranty is an agreement between a buyer and a seller where the seller agrees to replace or make repairs when certain damages occur to a product within a specified period.
Treaty is a written agreement agreed to by countries and international organisations.
Answer:
$73.58
Explanation:
Total cost of product = $120
Total cost of product = Cost of material + Direct labor + Overhead
Cost of material = (3 * direct labor) - $6
Overhead = ¾ of Direct labor
Total cost of product = 3DL - $6 + DL + ¾ of DL
$120 = 3DL - $6 + DL + 0.75 DL
$126 = 4.75 DL
Direct Labor = 126/4.75
Direct Labor = $26.53
Material cost = 3 * $26.53 - $6
Material cost = $73.58