Construction crafts are what kind of jobs? A: Academic B: Theoretical C: Physical

True or false? adults are categorized as those ages 25–64.

Maslowich

It's most likely true. Anyone over 64 is typically considered a senior or elder.

3 0

3 years ago

Changes in the equilibrium interest rate will Group of answer choices . affect both the size of the domestic output and the allo

vodomira [7]

Answer:

Changes in the equilibrium interest rate

affects both the size of the domestic output and the allocation of capital goods among industries.

Explanation:

Changes in interest rates affects the demand for goods and services and, thus, aggregate investment spending. A decrease in interest rates lowers the cost of borrowing, which encourages industries to increase investment spending.

The aggregate demand is determined by consumption demand and investment demand. When the rate of interest falls the level of investment increases and vice versa

An increase in the equilibrium interest rate affects demand for money. This increase in demand raises the equilibrium interest rate.

Households and businesses then try to decrease their cash holdings by purchasing bonds affecting both the size of the domestic output and the allocation of capital goods among industries.

The equilibrium interest rate changes with the economy and monetary policy.

6 0

3 years ago

Assertions about account balances at year-end typically include _______.A. existence, completeness, and allocationB. existence,

Ksenya-84 [330]

Answer:

The correct answer is letter "B": existence, completeness, and rights and obligations.

Explanation:

Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of auditing the firm's financial statements. There are three (3) types of assertions which are:

Transaction-level assertions: accuracy, classification, completeness, cutoff, and occurrence.
Account balance assertions: completeness, existence, rights and obligations, and valuation.
Presentation and disclosure assertions: accuracy, completeness, occurrence, rights and obligations, and understandability.

7 0

3 years ago

The units of an item available for sale during the year were as follows: Jan. 1 Inventory 2,500 units at $5 Feb. 17 Purchase 3,3

svet-max [94.6K]

Answer:

The answers are:

A) Using FIFO, the inventory cost is $11,700

B) Using LIFO, the inventory cost is $7,500

C) Using ACV, the inventory cost is $9,435

Explanation:

Date Units purchased Unit price Total purchase

Jan. 1 2,500 units $5 per unit $12,500

Feb. 17 3,300 units $6 per unit $19,800

July 21 3,000 units $7 per unit $21,000

Nov. 23 1,200 units $8 per unit $9,600

TOTAL 10,000 units $62,900

At December 31, 1,500 units were left in the physical inventory

Using FIFO, the inventory cost is $11,700 [= (1,200 units x $8 per unit) + (300 units x $7 per unit)]
Using LIFO, the inventory cost is $7,500 (= 1,500 units x $5 per unit)
Using ACV, the inventory cost is $9,435 [= ($62,900 / 10,000 units) x 1,500 units]

5 0

3 years ago

Which controls can be used to prevent or detect personal purchases on company credit cards?

Anna007 [38]

Answer:

Few controls can be used to prevent or detect personal purchases on company's credit cards.

Explanation:

Following controls can be taken to prevent or detect personal purchases on company's credit cards:

1. One should make sure that the company policy clearly forbids all purchases that are personal with company funds.

2. Same employee should not be allowed to originate purchases and then approve them too.

3. Controls can be installed to know if there are multiple purchases under employees approval limits.

4. Also, there should be a maximum limit of purchase for each employee.

5. Any invoice which is not related to company should be checked regularly.

6 0

3 years ago