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den301095 [7]
2 years ago
5

A work sheet is an internal aid which is helpful in preparing financial (statements/reports). It reduces risk of _ (errors/effec

ts) when working with many accounts and adjustments. g
Business
1 answer:
Citrus2011 [14]2 years ago
3 0

The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.

<h3>What is a work sheet?</h3>

A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements

Some benefit of work sheet in preparation of financial statement includes:

  • its reduces the possibility of errors when working with many accounts and adjustments
  • its links accounts and adjustments to their impact on financial statements
  • its helps in preparing interim financial statement
  • its shows the effects of proposed or "what-if" transactions.

In conclusion, the work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.

Read more about work sheet

<em>brainly.com/question/26251148</em>

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An important sustainability issue that has received much more scrutiny in recent years is the: focus on adequate inventory level
jonny [76]

Answer:

reduction in packaging waste by using alternate materials.

Explanation:

An important sustainability issue that has received much more scrutiny in recent years is the reduction in packaging waste through the use of alternative materials. You can see this happening through new laws that prohibit the use of plastic bags in supermarkets and plastic drinking straws, for example.

There are several companies that seek the use of biodegradable packaging, even if these are not provided for by law. Companies seek to adopt sustainable actions in their processes to demonstrate to their stakeholders that they follow ideal standards of environmental preservation and social awareness. This is a positive type of marketing for companies, as the population is more aware and wants to consume more from environmentally responsible companies.These companies then become more valued by their consumers and consequently more competitive and well positioned in the market

7 0
3 years ago
You would expect a bond of an Eastern European government to pay interest rate as compared to a bond of the U.S. government. You
Olenka [21]

Answer:

1) A bond of an Eastern European government

2) A bond that repays the principal in year 2040

3) A bond from a software company you run in your garage

4) A bond issued by the federal government

Explanation:

Term: Long-term bonds are riskier than short-term bonds because holders of long-term bonds have to wait longer for repayment of principal. To compensate for this risk, long-term bonds usually pay higher interest rates than short-term bonds.

Credit risk: When bond buyers perceive that the probability of default is high, they demand a higher interest rate as compensation for this risk.

Tax treatment: When state and local governments issue bonds, the bond owners are not required to pay federal income tax on the interest income. Because of this tax advantage, bonds issued by state and local governments typically pay a lower interest rate than bonds issued by corporations or the federal government.

6 0
3 years ago
Nancy and Joan bought a small farm for $300,000 under an installment land contract with a $50,000 down payment. They will pay in
KatRina [158]

Answer:

75,000

Explanation:    

300,000-50,000 = 250000*6%*5

6 0
3 years ago
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with d
zepelin [54]

Answer:

B. Progressive elaboration

Explanation:

Progressive Elaboration is done for a specific project and then such planning is thoroughly descriptive and detailed, and the management tends to develop the plan more and more with each day, make it more accurate for the project.

In the given instance, since there is a requirement to know all the features along with characteristics of the project properly, the technique to be followed is Progressive Elaboration as all the detailed work will be done, and will be revised accordingly.

Therefore, the correct option is:

B. Progressive elaboration

6 0
3 years ago
StoreAge Inc. recently paid its annual dividend ($3.00), and reported an ROE of 15%, of which 50% is paid as dividends. The stoc
Igoryamba
The correct answer is c) $79.43
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