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sergeinik [125]
3 years ago
13

Why it is important to prepare a bank reconciliation statement at the end of each month​

Business
1 answer:
AysviL [449]3 years ago
5 0

Explanation:

The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.

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Mary, a real estate agent, buys for herself a property that her principal, Karen, wanted to buy. If Mary is aware that Karen wan
irakobra [83]

Answer: C. grant Mary the legal rights for the property.

Explanation:

Agents are not to use the knowledge that their principal paid them to acquire or that they acquired for the use of their principal for themselves.

If Mary bought a property knowing that Karen wanted to buy that property, the Court will award the title to Karen because Mary has violated her duty not to use knowledge of information intended for her principal for her own benefit.

6 0
3 years ago
Disparate treatment could be legal if the discrimination: a. results in increased efficiency. b. is performed by a governmental
marta [7]

Answer:

The correct answer is D

Explanation:

Disparate treatment is the treatment which differing conduct or performed toward the individuals, where the differences are grounded on the individual age, colour, national origin, race, disability or religion status.

This treatment would be legal if the discrimination would be BFOQ (termed as bona fide occupational qualification), the courts must have held that in few situations that the factor like sex or religion might be BFOQ, which is important qualification for performing a job.

7 0
3 years ago
Croft Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 percen
Bezzdna [24]

Answer:

13.02%

Explanation:

Debt = 30% and Common stock = 70%

Cost of equity is 16% and debt is 8%

Tax is 24%

WACC = Cost of equity*Weight of equity + After tax cost of debt*Weight of debt

WACC = (0.16*0.70) + (0.08*(1-0.24)*0.30)

WACC = 0.112 + 0.01824

WACC = 0.13024

WACC = 13.02%

So, the the company's WACC is 13.02%

5 0
3 years ago
Janelle is highly organized and loves working to find ways to arrange graphs and data more effectively. She doesn't handle confl
krek1111 [17]

The most appropriate job for Janelle is in clerical work. The answer is B.

Clerical work requires competent systematic skills. Since Janelle is very comfortable in arranging or organizing files, she is very compatible with the job. Moreover, clerical work requires focus and does not really require interaction with workers. As long as you are able to deliver the outputs, that is already considered as efficient.

5 0
3 years ago
Which is a commonly used resource for international ethical guidelines for human subjects research?
Andrei [34K]

Answer:

CIOMS International Ethical Guidelines for Biomedical Research Involving Human Subjects

Explanation:

International Ethical  Guidelines for  Health-related Research  Involving Humans  are prepared by the Council for International Organizations of Medical Sciences (CIOMS)  in collaboration with the  World Health Organization (WHO) . The ethical justification for undertaking health-related research involving humans is its  scientific and social value: the prospect of generating the knowledge and the means   necessary to protect and promote people’s health. Patients, health professionals, researchers,  policy-makers, public health officials, pharmaceutical companies and others rely on the  results of research for activities and decisions that impact individual and public health,  welfare, and the use of limited resources. Therefore, researchers, sponsors, research ethics  committees, and health authorities, must ensure that proposed studies are scientifically  sound, build on an adequate prior knowledge base, and are likely to generate valuable  information.  

4 0
3 years ago
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