This business risk is known as the operational risk. The operational risk is a possibility of loss resulting from a failed operational procedures, systems, and policies. Adequate procedures, systems, and policies must have been made to control and monitor the flow of a company's business operation<span>.</span>
Answer:
The right solution is Option b ($4606
).
Explanation:
The given values are:
Company sells merchandise,
= $5700
Company returns,
= $1000
Now,
The amount of the check will be:
= 
= 
= 
= 
($)
Answer:
iwan ko load anong subject bayan hahahsha
Answer:
$35 per hour
Explanation:
Data provided;
The John has 2 alternatives to choose from
Alternative 1 offers him $50 per hour
Alternative 2 offers him $35 per hour
John opts for the Alternative 1 i.e $50 per hour
Now,
The opportunity cost is given as the next high valued alternative and for the given question, we have the next high valued alternative of $35 per hour
Hence,
the opportunity cost of choosing the alternative 1 i.e job offering $50 per hour is $35 per hour
It is given that the company failed to record $3,700 of insurance coverage that had expired and accrued salaries expense of $2,250. It means the company has failed to record the total expenses of (3700+2250) = $5,950. This understatement of the expenses shall result in an overstatement of the income in the Income statement. Further, it will also result in the overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250.
As a result of these two oversights, the financial statements for the reporting period will show overstatement of the income by $5,950 in the Income statement and overstatement of assets (Prepaid Insurance) by $3,700 and understatement of liabilities for salaries payable by $2,250 in the balance sheet.
