The International Organization for Standardization (ISO) is an international standard-setting body composed of representatives from various national standards organizations.
Founded on 23 February 1947, the organization promotes worldwide proprietary, industrial and commercial standards. It is headquartered in Geneva, Switzerland, and as of 2015 works in 163 countries.
It was one of the first organizations granted general consultative status with the United Nations Economic and Social Council.
Answer:
Answer to every question is in the explanation section
Explanation:
a) On December 1 supplies are purchased for 2000$ cash.
b) Insurance premiums of the company were prepared for $1,540 cash on December 2.
c) The company received an advance payment of 13000$ cash on December 15.
d) For a remodeling work, the company received a payment of 3700$ cash in January.
e) The company has $1,840 of supplies accessible.
f) Insurance policy analysis shows that 340$ insurance coverage has expired.
3) 5570$ advance cash was received for a remodeling project
Answer:
A. double
Explanation:
Rule 70 is used to calculate the numbers of years it takes for an investment or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is inflation rate. It is calculated by dividing number 70 by inflation rate.
For example;
Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years
And if inflation is 2%, the prices will double in 70/2 = 35 years
Answer:
$4,450
Explanation:
The computation of the total estimated uncollectible accounts is shown below:
= Accounts not yet due × uncollectible percentage + Accounts 1–30 days past due × uncollectible percentage + Accounts more than 30 days past due × uncollectible percentage
= $35,000 × 5% + $10,500 × 15% + $4,500 × 25%
= $1,750 + $1,575 + $1,125
= $4,450