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.
False because the powder is always the same cause it would probably just get confusing for the investigators to figure out which powder they need to use
Answer:
Result : Incremental profit of $2,280
Explanation:
Consider the incremental costs and revenues resulting from the $5,000 increase in the monthly advertising budget.
<u>Analysis of incremental costs and revenue</u>
Sales (140×$ 130) 18,200
Less Variable expenses (140×$ 78) (10,920)
Contribution 7,280
Less Fixed Costs
Advertising (5,000)
Net Operating Income / (Loss) 2,280
Result : Incremental profit of $2,280
The first step in the design process is to find out as much as you can about the organization.
It is not possible to design something for a company if you do not know what will work for the company and what will not.
This is why the first step in the design process is to find out as much as you can about the company in question which in this case is Harrison and Associates.
Some questions you can ask Harrison and Associates include:
- their goals and visions
- the sophistication of the computers they have and what it can take
- the software their computers are capable of running
- the type of security system and safeguards they will need
These will help you determine what kind of systems they need so that you can go about finding ways to satisfy these needs.
In conclusion, the first step of the design process is very important because that is where you find out exactly what the client wants so that you can do what you can.
<em>Find out more at brainly.com/question/20859690.</em>
Answer: Utilitarian
Explanation:
From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people
This is referred to as utilitarianism.
Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.
