Answer:
The correct answer is (D)
Explanation:
Financial reporting is a complex task which requires an expert to handle them accurately. Companies make many changes in the real data to slip from government taxes and they usually report losses. Auditors are the one responsible to find discrepancies in the financial reporting. So, the primary responsibility rests with the auditors for accurate financial reporting.
The best type of system for the order of the jewelry would be:
<span>1. </span>A customer chooses what he wants from the jewelry
<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order
<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.
<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>
Answer:
C) Lease payments for office space
Explanation:
The fixed cost is the cost that remains fixed whether the production level changes or not
So as per the given choices, the option c would be selected i.e. lease payment made for office space as it would be independent with respect to the quantity generated also it would be paid even there is no production take place
Therefore the option c is correct
Answer: A. Price C Quality
Explanation:
The price of available stock for purchase is of paramount importance to the buying company. The price determines the level of profitability and which in essence determines continuity in business.
Qualities of raw material input will equally determines the quality of the output and this affects the firm reputation.
The management style of the supplier and his payment terms can be influenced by the buying company through it's purchasing power, so they are not of much piority compared to price and quality.
Answer:
15.83%
Explanation:
Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock
First step is to determine l E(r)
E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)
E(r)= .09 + .066 -.03
E(r)= .126
Second step is to determine Var
Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)
Var=0090828 +.0000198 + .0159414
Var= .025044
Now let determine the Std dev
Std dev = √.025044 = .15825
Std dev= 15.83 percent
Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent
