I think it’s false !! :)) Lmk if it’s right !?!
Answer: B. $438
Explanation:
Correspondence Cost = Number of letters * Predetermined cost of correspondence
Predetermined cost of correspondence = Allocated cost/ Allocated base
= 14,000/1,600 letters
= $8.75 per letter
Northeast Office used 50 letters for correspondence.
Cost = 8.75 * 50
= $437.50
= $438
My choice is B) registration process is easier! <span />
Answer:
MIRR is higher than the discount rate, so this project should be profitable and should be accepted.
Explanation:
using the discounting approach to the MIRR:
NPV = 0 = [(-$236,000 - $25,000) / (1 + MIRR)³] + [$137,400 / (1 + MIRR)] + [$189,300 / (1 + MIRR)²]
Using a financial calculator, MIRR = 17.85%
MIRR (17.85%) is higher than the discount rate (14%), so this project should be profitable and should be accepted.
The modified internal rate of return assumes that the initial investment is financed at the interest rate, while the cash generated by the project is reinvested at the firm's WACC.
It should be noted that some of the issues that relate to controls that could affect the audit of a small company include the separation of duties, documentation, etc.
Some of the problems that van lap be faced during the audit include the failure to exercise professional care and the deficiency in confirming account receivables.
The control objectives of a sales system include:
- Efficiently executing customers' orders.
- Raising sales invoices promptly.
- Revising sales policy.
- Implementing steps for improving productivity.
- Increasing sales profitability.
- Invoicing all goods and services.
It should be noted that the deficiencies in the system of accounting include the determination of the face value of the receivables and the length of time the receivable will be outstanding.
Lastly, to avoid the problem above, consideration should be given to the integrity of the firm, and the financial soundness of the company.
Learn more about audit on:
brainly.com/question/25259957
