Answer:
The correct option is D. $7,124
Explanation:
To compute the catering supplies amount, the following items need to be considered. along with this, the computation is also shown:
= Catering supplies + Job cost + meal cost
where,
Catering supplies are $530 per month
Job cost = Per job cost × expected number of jobs
= $114 × 25 jobs
= $2,850
Meal cost = Per meal cost × expected number of meals
= $16 × 234 meals
= $3,744
Now put these values to the above formula
So, the answer would be equal to
= $530 + $2,850 + $3,744
= $7,124
The actual activity is not consider. Thus, it is ignored.
Hence, The catering supplies in the flexible budget for October would be closest to $7,124
Therefore, the correct option is D. $7,124
Answer:
1,200 shares held at a cost basis of $37.50
Explanation:
Since there are 1,000 shares are purchased
and the stock dividend is 20%
So the number of shares after the dividend is
= 1,000 × (1 + dividend percentage)
= 1,000 × (1 + 0.20)
= 1,000 × 1.20
= 1.200
And, the price per share is
= $44 + $1
= $45
So, the cost basis would be
= $45 ÷ 1.20
= $37.50
hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis
Answer:
Explanation:
Step 1:
the auditor is required to provide reasonable assurance for the financial statement audited.To provide such reasonable assurance,appropriate evidence must be obtained to confirm that no material misstatement material is present in the financial statement
Step 2:
For each statement select true or false in the following manner
a. A recent improvement in computer hardware is the ability to automatically produce error listings. Previously, this was possible only when provisions for such a report were included in the program.
FALSE
b. The control of input and output to and from the information systems department should be performed by an independent data control group.
TRUE
c. An internal-audit computer program that continuously monitors IT processing is a feasible approach for improving internal control in OLRT systems.
TRUE
d. An internal label is one of the controls built into magnetic tape drive hardware by the hardware manufacturers.
FALSE
e. A limit test in a computer program is comparable to a decision that an individual makes in a manual system to judge a transaction's reasonableness.
TRUE
f. A principal advantage of using magnetic tape files is that data need not be recorded sequentially.
FALSE
g. A major advantage of disk files is the ability to gain random access to data on the disk.
TRUE
h. The term grandfather-father-son refers to a method of protecting computer records rather than to generations in the evolution of computer hardware.
TRUE
i. When they are not in use, tape and disk files should be stored apart from the computer room under the control of a librarian.
TRUE
One part of the microenvironment that may influence the
retail management decisions is technologies. It is because a microenvironment
is considered to be a factor in which affects the performance of a certain
decision. And that the retail management decision always focuses more on
certain factors that would likely affect the choices of their consumers such as
stores, internet or even technologies.
