Answer:
C) examination of supporting documents
Explanation:
<em>Examination of supporting documents</em>, is a type of supporting schedule, which is designed to show detailed tests performed, does not tie into the general ledger, but must state a positive or negative conclusion about the objective of the test.
Answer:
15.16 percent
Explanation:
Debt Equity ratio measures the ratio of the debt to its equity.
Formula for debt equity ratio is as follow
Debt / Equity ratio = Debt of the company/ Equity of the company
As per given data
Equity = $383,333.33 + 0.31($61,000) = $402,243
Debt = $61,000
Placing values in the formula
Debt / Equity ratio = $61,000 / $402,243
Debt / Equity ratio = 15.16%
Answer:
See below
Explanation:
Given the above information, the adjusted cash balance should be;
Cash book balance
$67,209
Add:
Interest earned
$45
Less;
Bank fees
($30)
Adjusted cash book
$67,224
Bank balance
$63,949
Add:
Deposit in transit
$6,050
Less:
Outstanding checks
($2,675)
Adjusted bank balance
$67,324
The correct answer is choice d, Rapid Response.
All of the options available are characteristics of highly performing teams, with the exception of choice e, rapid response.
