Answer:
1. Recording
2. Authorization
Explanation:
Based on the scenario described above, it can be concluded that the control issue, in this case, arose because the Director had both RECORDING and AUTHORIZING duties.
This is because, for the Director of Information Technology for the city of Tampa, Florida not to have been convicted by a jury regardless of what she did, she must have followed the Segregation of Duties accordingly. This is a means of reducing the errors or fraudulent activities of employees.
And given she has a RECORD of transactions to prove her innocence and at the same time, she has AUTHORIZATION or the approval to supply the software, and hence, she is not guilty of the accusation.
Answer:
The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck. As an employee, the information on your W-2 is extremely important when preparing your tax return.
Answer:
t= 0.4138
Explanation:
First, we need to accommodate the information:
Sales= 10,000
COGS= 6000 (-)
Gross profit= 4000
Operating, selling, general and administrative expenses= 2300 (-)
Net operating income= 1700
Interest= 250 (-)
Earnings before taxes= 1450
TAX= 600 (-)
Net income= 850
t= ?
t= 600/1450= 0.4138
Answer:
C.$46,730
Explanation:
Nadal Corporation manufactures custom molds for use in the extrusion industry. Based on the data available we first see the formula to calculate the total manufacturing cost of the job 532.
In general, sum of all the cost directly or indirectly included in the manufacturing cost. Therefore the formula is as below
Total Manufacturing Cost = Direct Labor Cost + Direct Materials Cost + Manufacturing Overhead Cost.
Direct labor cost $36,800
Direct materials used $5,000
Predetermined manufacturing overhead rate based on machine hours $17 which is = $17 x 290 hours
Manufacturing cots= 4930$
Total Manufacturing Cost = 36800 + 5000 + 4930
Total Manufacturing Cost = 46,730$
Answer:
Library of Congress (LOC)
Explanation:
A library also known as a bookhouse can be defined as an institution having various collection of books and other informative materials that people can read to gain more knowledge, insight and motivation about a particular topic. An example of a library is the Library of Congress (LOC) located in Washington DC, United States of America.
Library of Congress (LOC) refers to the research library used by the Congress of the United States of America to provide or gain access to a diverse and rich source of knowledge (informations) about things, places, animals, plants, people, etc.
Basically, it comprises of millions of literary works such as manuscripts, books, photographs, maps, recordings, newspapers in its collection and as a result of this, it is known to be the largest library in the world.
The Library of Congress (LOC) offers users an "Ask a Librarian" feature to inquire about the library's collections. Therefore, users can easily make enquiries from a librarian on any thing they aren't clear about using the Library of Congress (LOC).
