To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch (C) items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
<h3>
What are inventory items?</h3>
- Inventory item - a discrete product that can be indicated as being in stock.
- You can track inventory if your company sells stock items.
- A product purchased for resale that is tracked in Stock and on the Balance Sheet is an inventory item.
- An inventory list should, in general, include the product's name, SKU number, description, cost, and quantity.
- Inventory lists assist brands in managing and monitoring stock levels, enabling tighter inventory control and a more streamlined approach to inventory management.
- An auditor will most likely attest items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets to get assurance that all inventory items in a client's inventory listing schedule are valid.
Therefore, to gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch (C) items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
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Complete question:
To gain assurance that all inventory items in a client's inventory listing schedule are valid, an auditor most likely would vouch
A. Inventory tags were noted during the auditor's observation of items listed in the inventory listing schedule.
B. Inventory tags were noted during the auditor's observation of items listed in receiving reports and vendors' invoices.
C. Items listed in the inventory listing schedule to inventory tags and the auditor's recorded count sheets.
D. Items listed in receiving reports and vendors' invoices to the inventory listing schedule.
Answer:
The correct answer is: satisficing.
Explanation:
Satisficing is a term coined by American economist Herbert A. Simon (1916-2001) that is a blend of the terms "<em>satisfying</em>" and "<em>sufficing</em>" and that combined Simon used to illustrate that when we have to make a decision we don't spend much time weighing all the possible options, rather we choose the first reasonable option available.
Answer:
so you have to get a budget plan ,figure out what your small business name is
Explanation:
The answer is Line Spacing.
The line spacing feature is used to change the amount of blank space between the lines of text.
Answer:
$2,096,924.50
Explanation:
Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.
$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow
PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r
Where
P = $760,000
r = 9%
n = 3 years
Placing values in the formula
PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%
PV of Annuity = $760,000 + $760,000 x 1.759111
PV of Annuity = $760,000 + $1,336,924.50
PV of Annuity = $2,096,924.50
