Answer:
a. Compare the details of cash receipts with journal entries.
b. Prepare a bank transfer schedule.
c. Confirm the terms of borrowing with the lenders agreement.
d. Send request to confirm the entity's account receivable balance.
e. Inspect payroll data of employees and cross check with the transaction recorded.
f. Obtain cut off bank statement to reconcile the transaction.
g. Examine the selected repair order and physically examine the equipment whether repair work is don or not.
h. Examine the supporting documents for the invoice such as purchase order, goods received note and Purchase requisitions.
i. Inspect the payroll endorsements for similar handwriting.
Explanation:
Audit is mandatory for all the companies. The verified financial statements are considered as reliable because they are rechecked by the auditors and if any error or fraud is found it is immediately corrected and rectified. Audit is a critical process which involves objectivity and integrity of a person. The auditors must be independent and they should not have any familiarity with the business employees or owners.
<span>Daniel
works hard this semester because he needs to pass all the courses to
graduate in time. If he does not finish his degree this semester, his
employer will probably lay him off and find someone else to do his job. This is one example of </span><span>extrinsic motivation.
</span><span>Extrinsic motivation refers to behavior that is driven by external rewards such as money, fame, grades, and praise. This type of motivation arises from outside the individual, as opposed to intrinsic motivation, which originates inside of the individual.</span>
This is the process! have a good day!
<span>Municipal bond funds offer lower yields but generate free from most federal taxes and in some cases, state and local taxes. Municipal bonds are issued by government entities and have smaller returns on their bonds paid by interest rates. Even though these bonds are commonly free of high taxes and have a smaller rate of return, there is still a large amount of risk involved in these bonds. </span>
Answer:
The correct answer is Novation.
Explanation:
Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.
Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.