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sergejj [24]
3 years ago
6

What does reconciling an account involve? checking one's financial records against the bank’s making sure a paycheck arrives on

time calculating the interest owed on a savings account identifying instances of identity theft
Business
2 answers:
Misha Larkins [42]3 years ago
7 0

Answer:

checking one's financial records against the bank’s

Explanation:

Reconciling an account is the regular confirmation that the reported balances are accurate. It involves checking one's account against bank balances to ensure the figures are tallying. Reconciling may require making adjustments to capture omitted transactions and charges. In practice, reconciliation involves comparing one financial records against the bank statement.

cluponka [151]3 years ago
3 0

Answer:

checking one's financial records against the bank’s

Explanation:

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The first two traditional project phases (concept and development) focus on planning, and are often referred to as _____. a. pro
raketka [301]

Answer:

Project feasibility.

Explanation:

Project feasibility is an analysis of how viable a project is and considering technical and legal feasibility of a project. Also it looks at the economic justification of the project. Is it profitable for the business to undertake the project?

Project feasibility tells one of a project is worth doing or if it is doable.

Concept or the idea and development phase focus are part of the project feasibility stage. Where ideas are analysed to see their viability and developed.

6 0
3 years ago
Read 2 more answers
7. During January 2005, an Italian invested in the Italian stock market and earned a return of 1.47%. During the same month, an
vovangra [49]

Answer:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

Explanation:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

5 0
3 years ago
Which of the following are criteria for determining whether to record an asset as a fixed asset?
valentinak56 [21]

Answer:

must be long lived and used by the company in its normal operations

Explanation:

An assets is something that will help the company to generate value.

8 0
3 years ago
If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227, how should t
djverab [1.8K]

Answer:

Add $45 to the book balance.

Explanation:

This is a transposition error which is an example of error of original entry. A transposition error occurs when the figures are posted in the wrong order, while an error original entry occurs when a wrong amount is entered into the right account. This kind of error usually causes discrepancy between the bank balance and the book balance.

To correct this error in the question, we first find the difference between the right amount and the wrong amount as follows:

Difference = Right amount – Wrong amount = $272 - $227 = $45

Therefore, the difference of $45 will be added to the book balance to bring it into an agreement with the bank treatment as follows:

Bank correct treatment = $272

New book treatment = Wrong amount + Difference = $227 + $45 = $272  

It can now be seen that both posting are now in agreement after the correction.

4 0
3 years ago
Since your first birthday, your grandparents have been depositing $1,000 into a savings account on every one of your birthdays.
irina1246 [14]

Answer:

$25,650

Explanation:

The formula for calculating the future value of an annuity is:

F = P x ([1 + I]^N - 1 ) / I

where:

  • P = payment amount = $1,000
  • I = interest rate = 4%
  • N = number of payments = 18

F = $1,000 x ([1 + 4%]^18 - 1 ) / 4% = $1,000 x (1.04^18 - 1 ) / 4% = $1,000 x (2.026 - 1 ) / 4% =  $1,000 x 1.026 / 4% = $25,650

4 0
3 years ago
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