Answer:
Overstatement of revenues and receivables and an understatement of inventory.
Explanation:
Invoicing in different occasions could be done for the case of inventory and reference purposes in the hands of both the salesman and buyer. Therefore on the case above, inadequate control could possibly cause overstatement of revenues and receivables and an understatement of inventory. It is also been observed that the sales invoice provides the seller with a record of what has been sold, whether the said transaction has been carried out or not and how much money is involved. This information is useful for internal company records and also to follow up with buyers for billing purposes.
Answer:
The correct answer is letter "C": undertake projects that create wealth and increase the value of resources.
Explanation:
Entrepreneurs are individuals who are constantly looking for unsatisfied needs. They see these scenarios as opportunities from where a venture must be born to cover unattended sectors of the market. In most cases, entrepreneurs use the help of investors to fund their projects.
<em>Stakeholders tend to be focused on their own interests, thus, the business plan presented by entrepreneurs must show how the new entity plans to generate wealth based on increasing the value of certain resources that efficiently satisfy consumers' needs.</em>
Answer:
This statement is False.
Explanation:
<u>Evidence-based Human Resources</u> is the practice of evaluating decisions based on real data, experience, research and/or expert opinions in order to obtain the best outcome from such decision. It consists of gathering all reliable and related sources of information regarding a specific situation to analyze it and make an informed decision. Of course, this does not mean that there will not be any mistakes, but <u>Evidence-based HR</u> helps in getting rid of biases and assumptions that affect decision-making.
<span>Given-
12 questions per person,
300 people
There two thing given in question fixed and variables cost-
Fixed cost is= $ 500
Variable cost is-
$3 per question= $ 3 *12 *300=$10800,
$1.25 per person surveyed= $1.25 * 300=$375,
Total cost will be= $500+$10800+$375=$11675.</span>
Answer:
The journal entry is as follows:
Cash A/c Dr. $2,020,000
Discount on bonds payable A/c Dr. $59,216
To Bonds payable $2,000,000
To Paid in capital - stock warrants $79,216
(To record the issuance of the bonds and warrants)
Workings:
Cash:
= 2,000 × $1,000 × 101%
= $2,020,000
Discount on bonds payable:
= 2,000,000 - 2,020,000 × (980 ÷ 1,020)
= $59,216
