Answer:
$84,250
Explanation:
The computation of the estimated inventory loss is shown below:
= Opening Inventory + Purchases - Cost of Sales
where,
Cost of sales is
= $494,000 ×100 ÷ 160
= $308,750
And, the opening inventory is $184,000
And, the purchase is $209,000
So, the estimated inventory loss is
= $184,000 + $209,000 - $308,750
= $84,250
We simply applied the above formula so that the estimated inventory loss could arrive
Answer:
a. Register with the Public Company Accounting Oversight Board.
Explanation:
As per the standards of Auditing an auditor has to be registered as an public accounting firm, and then only it can perform audit for public companies.
For this, it has to be registered with PCAOB United States.
where, PCAOB stands for Public Company Accounting Oversight Board.
Therefore, correct option is a.
Answer:
Security Cameras, Security Guards, Radios, Drones.
Explanation:
To put it simply, they have to develop a product that make people want to pay to acquire it.
Sellable product usually either :
- able to make people happy ( such as movies, music, Delicious food, etc) or
- Able to make people's life become easier ( such as Gadgets, consultation service, etc)
