Answer:
Effective
Explanation:
Segregation of duties (SOD) is an essential part of the effectiveness of internal controls for any business. This integral separation ensures that key processes are performed by more than one person to prevent fraud or financial misstatement. While technology continues to become more sophisticated, the time is now to implement controls that segregate key functions within processes such as cash disbursements, investments, payroll, and many other areas.
Maarja's Razors is implementing effectively the segregation of duties. Key processes are performed by more than one person, and this helps in flexibility of operations.
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
The market basket for the consumer price index has two products, bread and milk, with the following values in 2013 and 2018 for price and quantity: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>
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Explanation:
The market basket for the consumer price index has two products, bread and milk, with the following values in 2013 and 2018 for price and quantity: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 <u>The Consumer Price Index for 2018 equals (A) 116</u>
The CPI is a statistical technique that estimate or make use of the prices of a sample of representative items and these prices are collected periodically.
The Consumer Price Index (CPI) is index which is used to examine the weighted average price of consumer goods and services basket , which includes transportation, food, and medical care and is calculated by taking price changes for each item in the predetermined basket of goods and averaging them out
Answer:
Dr Unrealized Holding $32,760
Cr Estimated Liabilities $32,760
Explanation:
Preparation of What entry would you make on December 31, 2020, to recognize these facts
Based on the information given the Joi entry you would make on December 31, 2020, to recognize these facts will be :
December 31, 2020
Dr Unrealized Holding $32,760
Cr Estimated Liabilities $32,760
($367,600-$334,840)
