I think it is either C or D. I'm not sure which one though. Hope this helped, have a great day! :D
Answer:
b. Lack of security in a computer system
Explanation:
For an organisation to work properly and profitably , The most important cause is the lack of security in the computer system .
As, to run an organization , there is nothing much to do with the installation of the sprinkler system or lack of tornado shelter .
Hence ,
its important to have a proper , secure computer system ,. to avoid stealing , loss of important data via computer .
Answer:
Cash account; rent expense
Explanation:
The journal entry to record the rent expense for June month is shown below:
Rent expense A/c Dr $500
To Cash A/c $500
(Being the payment of rent for cash is recorded)
Since the rent is an expense which increases the expense account by $500 ad the cash is also paid which reduced the cash balance by $500 so the expense is increased and the cash is decreased
Answer:
The correct answer is letter "B": Information is based on estimates and is bounded by relevance and timeliness.
Explanation:
Managerial Accounting is an in-house accounting that lets managers assess their decision impact. One common managerial accounting method is to calculate the profit margin on the goods produced. This information helps managers to set product prices and ensure that they make appropriate profit margins.
<em>The information managerial accounting uses are estimates of the operations of the firm and only important current data is considered. Though, previous periods information may be required for reference.</em>
Answer:
Total Current assets = $622,000
Explanation:
<u>Balance sheet (For the year ending)</u>
<u>Current asses Amount </u>
Accounts receivable $220,000
Cash $83,000
Stock $275,000
Finished goods $89,000
Raw materials $94,000
W.I.P $92,000
<u>Prepaid expenses $44,000 </u>
<u>Total Current assets $622,000 </u>