Answer:
The correct answer is letter "B": Internal control over receivables is good.
Explanation:
Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.
Answer:
multigenerationalism.
Explanation:
Multigenerationalism is the term used to describe Marketing to different generations.
Only a few products will appeal to all age groups. A company will develop a variety of products to attract diverse age groups. A Single product firm or one with few products may differentiate its goods or services to appeal to a wider target. Multigenerationalism exists when a business has different age groups in its target market.
Suppose that you deposit $4,500 in your bank and the required reserve ratio is 18 percent. The maximum loan your bank can make as a direct result of your deposit is 3690.
<h3>
What exactly is a bank loan and the required reserve ratio?</h3>
- A loan is a quantity of money that one or more people or businesses obtain from banks or other financial organizations in order to handle their finances in connection with anticipated or unforeseen circumstances.
- By doing this, the borrower creates a debt that must be repaid with interest within a predetermined time frame.
- The percentage of deposits that authorities mandate a bank maintain in reserves and refrain from lending out is known as the required reserve ratio.
- If the required reserve ratio is 1 to 10, a bank can only lend out $0.90 of every dollar it has on deposit, but it must retain $0.10 in reserves.
Hence, The maximum loan your bank can make as a direct result of your deposit is 3690.
To learn more about the loan, refer to the following link:
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Answer:
B. $1673920
Explanation:
First calculate Total loss
$2000000 loss from disposal of a component of the business and loss of $92400 from strike by the employees of a supplier
$2000000 + $92400 = $2,092,400
20% of the loss =
20% × $2,092,400
= $418,480
Therefore the effect of these events and transactions on 2020 net income net of tax would = Total loss - 20% of total loss
$2,092,400 - $418,480
= $1,673,920