Let x be the original price of an item. For the first case, the employee avails the 25% first then the 10%.
Price: (0.75x)(0.90) = 0.675x
For the second case, the 10% discount is availed first then, the 25%.
Price: (0.90x)(0.75) = 0.675x
Thus, whichever is the case, the price would be the same. The answer is letter D.
Answer:
1. Based on her years of experience, Joan Johnson can answer the question by detailing the advantages and disadvantages of incorporating in each state for the client.
2. If Joan does not feel confident enough to address the question, then she can refer the matter to her supervisor.
3. If Joan answers, the client will derive immediate satisfaction and will be confident to continue the relationship with the firm. This is because his awareness that the firm can address his questions is re-enforced.
4. If Joan does not answer the client immediately, the client may feel that the firm's personnel are not well-trained and are unable to handle not-too difficult technical issues.
Explanation:
A firm's clients usually require immediate clarifications whenever they ask their questions. Therefore, an effective and efficient firm should ensure that its paralegal officers are well-trained and well-informed to handle initial client enquiries while the details are referred to their supervisors.
Answer:
Debit - Supplies expense $4,200
Credit - Supplies $4,200
Explanation:
Adjusting entries are prepared to ensure that the revenue and expense recognition rules, are properly applied each accounting period.
Expenses are the outflows of assets or incurrence of liabilities during a period from delivering or producing goods or services. They are incurred in an attempt to produce revenues.
The principle says that expenses should be recognized in the same period as the revenues to which they relate.
According to this rule, we should use the next equation:
Supplies expense = supplies at the beginning of the period + supplies purchased - supplies balance at the end of the period
Supplies expense = $2,000 + $3,000 - $800
Supplies expense = $4,200
Adjusting entry:
Debit (expense account) - Supplies expense $4,200
Credit (asset account) - Supplies $4,200
<u>Audit</u> best describes this Engagement
- A physical inventory check is followed by an auditor's review or inspection of various books of accounts to ensure that all departments are using the same documented procedure of documenting transactions. It's done to make sure the organization's financial accounts are accurate.
<h3><u>What does an audit have as its goal?</u></h3>
- The goal of an audit is to make a conclusion regarding the financial statements' fairness and conformance to relevant accounting rules.
- Payrolls, management accounts, bank statements, invoices, and receipts are a few examples of auditing proof..
- Good auditing evidence must be ample, trustworthy, supplied from the right source, and pertinent to the audit at hand.
To Learn more Audit, Click the links.
brainly.com/question/14652228
brainly.com/question/22961626
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Answer:
a. increased employment in the domestic export sector
Explanation:
The primary gain from the international trade is more good than , by the attainment through the domestic production alone .
When the countries trade specialization occurs , the countries in which they have comparative advantage produce the good more efficiently . Hence , the resources of other country can be used for the production of some other goods . So people benefit from trade as they get more variety of goods at a lower price and they are able to consume outside their PPF .
