Answer:
d) Materiality
Explanation:
Materiality is defined as the impact of the omission of trivial matters that are important to the report audience. In the question given this materiality is the reason why the company's independent accountants did not protest.
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Answer:
Payback period = 2.85 years.
Explanation:
Payback period is the cost of investment divided by annual cash flow.
Payback period = 28500 / 10000 = 2.85 , approx 3 years.
The shorter the payback period the more desirable investment and longer the pay back period ,the less desirable it is.
According to me time-line is very in project handling,which event to do first and which activity do last,this gives us cost benefit analysis.
First you set your goals to achieve the completion of project by maximum utilize your resource effectively and efficiently.
Manage resources, assign task and duties.
Face outcomes take responsibilities for successful of project .
Answer: C: The cost of rice at a market rises by 20 percent over three years.
Explanation:
inflation is a measure of the rate of rising prices of goods and services in an economy.
The inventory indicates that the cost of goods sold will be $25000.
<h3>How to calculate the cost of goods sold</h3>
It should be noted that the cost of goods sold ic calculated through the formula:
= Opening inventory + Purchases - Closing inventory
= $10000 + $20000 - $5000
= $25000
Therefore, the cost of goods sold is $25000.
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Answer:
They decided to set up a partnership.
Explanation:
Two persons agreeing to share the <em>risks</em> and <em>profits</em> of their business