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attashe74 [19]
3 years ago
8

Which audits or typically used as part of process management to help identify any areas where improvements often minor can be ma

de
Business
1 answer:
lakkis [162]3 years ago
5 0

Answer:

Internal audit

Explanation:

Internal audit provides an independent evaluation of an organization's internal control mechanisms and risk management strategies. Management uses internal audit reports to identify areas that need improvements. Internal audit is an objective consulting service designed to assure compliance with set procedures and improve organizations' operations.

Internal audit adds value to a business by providing insights and recommendations based on financial records assessments and processes analysis.

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On January 1, 2016, Elite Advertising was contracted to run a marketing campaign for Pharm King's new dieting pills. In addition
stepladder [879]

Answer:

A. $50,000

Explanation:

150,000 for a 3 year compaing  = 50,000 per year

<u>The contract has just started </u>and the information available doesn't meet the criteria.

We must remember that <u>accounting has a principle of conservatism</u> regarding revenues. Accrue revenue without proper grounds is not correct. We should recognize the 1/3 of the base fee which is earned and matched the accounting cycle.

8 0
3 years ago
PLEASE HELP THANKS Common law governs all of the following contracts except: Select one: a. employment contracts. b. constructio
kaheart [24]

Answer:

d. contracts for the sale of goods.

Explanation:

Common law governs all the contracts that are related to employment, services, real estate or construction, insurance, etc

But it does not govern that contract who are related to the Uniform Commerical code (UGC) or by regulations agencies who operates in administrative services

Like the sale or leasing of goods covered under the Uniform Commerical code (UGC) so the same does not come under the common law

hence, the correct option is d

8 0
2 years ago
Mary Smith took a car loan of $33,000 to pay back in 36 monthly installments at an interest rate of 18%. Compute the loan balanc
DaniilM [7]

Answer:

$13,013

Explanation:

Mary's monthly payment = principal / PV annuity factor

principal = $33,000

PV annuity factor, 1.5%, 36 periods = 27.6607

monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03

I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013

Download pdf
3 0
2 years ago
I’m starting a business if I launch my business will y’all come shop !! for boys and girls * Didn’t launch yet but it’s coming s
EleoNora [17]

Answer:

I willlllll

Explanation:

sure thing :)

5 0
3 years ago
Suppose disposable income increases by $ 2,000. As a result, consumption increases by $ 1,500. 1. The increase in savings result
NeTakaya

Answer:

1. The increase in savings resulting directly from this change in income is $500

That is

Increase in savings = Increase in income minus increase in consumption

= 2000 - 1500

= $ 500

2.The marginal propensity to save (MPS) is calculated by dividing the change in savings by the change in income.

That is

ΔS/ ΔY,

Therefore given

Change in savings =ΔS =$500

Change in income =ΔY = $2000

MPS = 500/2000

MPS = 0.25

3.The marginal propensity to consume (MPC) is calculated by dividing change in consumption by changes in come.

That is ΔC / ΔY

Where ΔC = 1500

ΔY = 2000

Therefore MPC = 1500/2000

= 0.75

1. The increase in savings resulting directly from this change in income is $

8 0
3 years ago
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