Answer: (A) Control deficiency
Explanation:
The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.
The control deficiency process occur when the person are involving with the authority in the transaction cycle.
This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.
Therefore, Option (A) is correct.
The answer is<u> "B) the rate of inflation".</u>
Inflation alludes to a general increment in the Consumer Price Index (CPI), which is a weighted normal of costs for various products. The arrangement of products that make up the record relies upon which are viewed as illustrative of a typical utilization crate. Therefore, contingent upon the nation and the utilization propensities for most of the populace, the file will include diverse merchandise. A few merchandise may record a drop in costs, though others may build, along these lines the general estimation of the CPI will rely upon the heaviness of every one of the products as for the entire bin. Yearly expansion, alludes to the percent change of the CPI contrasted with that same month of the earlier year.
Answer:
Puffin’s E & P after taking into account the distribution of the car is $6,000.
Explanation:
E & P will be decreased by the higher of the adjusted basis or the fair market value of the distributed property, net of any liabilities. The distribution losses will not be taken into consideration when determining E & P. Thus the current E & P of Puffin’s $30,000 is reduced by $24,000 ($30,000 basis of the car minus the liability amount). The remaining after the distribution current E & P will be $6,000.
Therefore, Puffin’s E & P after taking into account the distribution of the car is $6,000.
Answer:
Option C Internal Control Information
Explanation:
The reason is that variance analysis is the process through which we emphasize control over costs which is solely management accounting and is not linked to financial reporting so the option B is incorrect. This information is internally generated which means saying that the information is obtained from external sources is totally incorrect. The option a is generally correct because this information is part of internal information. But Option C is more relateable here so the better option is Option C.
Answer:
The correcto answer would be "call"
Explanation:
A CALL option allows the BUYER to buy the underlying asset at the option's exercise price on or before the expiration date. call; seller put; buyer put; seller call; buye
The owner or buyer of a call option benefits from the option if the underlying asset rises, that is, if when the call option expires, the asset (an action for example) has a price greater than the agreed price . In that case, the option buyer will exercise his right and buy the asset at the agreed price and sell it at the current market price, earning the difference.
If the price turns out to be less than the agreed price, known as the strike or strike price, the buyer will not exercise his right and will simply have lost the premium he paid for acquiring the option. Therefore, your benefit may be unlimited, but your loss is limited to the premium you paid.
