An auditor most likely would inspect loan agreements under which an entity's inventories are pledged to support management's financial statement assertion of: Group of answer choices Presentation and disclosure. Valuation or allocation. Existence or occurrence. Completeness.

Answer:

The answer is "They are used for anything listed on the budget."

The option that is NOT true about emergency funds is: c. They are used for anything listed on the budget.

Emergency funds are usually not used for things that are planned and included in the budget. Instead, emergency funds are money saved specifically for unexpected expenses that you didn't plan for in your usual budget.

The reason for having an emergency fund is to have money saved for unexpected things that might happen, like when someone gets hurt and needs to go to the hospital or when a car or home needs fixing.  It can also help if someone loses their job or if something else happens that they didn't expect.

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The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.

Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.

As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.

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The transfer of goods is recorded by debiting Finished Goods Inventory and crediting Assembly Department. The sale of goods on credit is recorded by debiting Accounts Receivable and crediting Sales Revenue. The cost of goods sold is recorded by debiting Cost of Goods Sold and crediting Finished Goods Inventory.

Here are the journal entries for the given production activities:

1. Transferred completed goods from the Assembly department to finished goods inventory. The goods cost $141,000.
Journal Entry:
  Debit: Finished Goods Inventory - $141,000
  Credit: Assembly Department - $141,000

2. Sold $449,000 of goods on credit. Their cost is $152,000.
a) Record the sale of goods on credit.
Journal Entry:
  Debit: Accounts Receivable - $449,000
  Credit: Sales Revenue - $449,000

b) Record the cost of goods sold.
Journal Entry:
  Debit: Cost of Goods Sold - $152,000
  Credit: Finished Goods Inventory - $152,000

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The company currently has 2857 units in stock 1.130% is the probabiity of a stockout.

When inventory is depleted, the situation is known as a stockout or out-of-stock (OOS) incident. Retail out-of-stocks in the quickly moving consumer products sector are the most noticeable type of out-of-stocks, while they can happen anywhere along the supply chain. Overstocks, in which an excessive amount of merchandise is kept on hand, are the opposite of stockouts. The average percentage of out-of-stocks in the retail fast-moving consumer goods industry across developed nations was 8.3% in 2008, according to a study by researchers Thomas Gruen and Daniel Corsten. The likelihood of completing a ten-item shopping list without running into a stockout would be 42%, according to this statistic. Despite initiatives like Efficient Consumer Response that aim to enhance the relationship between retailers and their suppliers (ECR).

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A result of open competition in a free market system is higher quality goods (option D).

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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Explanation:

you multiply by the exchange rate.

Answer:

on the 5th year: $34, 898

the total 5 years: $128,775.78

Explanation:

add 18% of 18,000 to 18,000

then add 18% of that sum to the sum

and so on

Answer:

$41,180

Explanation:

The usable basis that Social media companies can used is that social media companies are private organizations and can regulate speech as they see fit. So that, Trump as a president can not order limiting the ability of social media companies to restrict speech on their platforms.

Private social media generally can be defined as any social space allowing users to choose exactly who they want to communicate with, without sharing information in a public forum. There are several types of private social media, such as the several app is private social whereas traditional app is public social media.

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Flounder Corporation's journal entries for the investment in Moss Inc. using the equity method would include recording the initial investment at cost, recognizing Flounder's share of Moss's net income, and adjusting the investment balance for dividends received.

To record Flounder Corporation's investment in Moss Inc. using the equity method, we start with the initial purchase of the 40% interest. The investment is recorded at cost, which in this case is $170. The journal entry to record the initial investment would be:

Investment in Moss Inc. $170

Cash $170

Next, we need to recognize Flounder's share of Moss's net income. Since Flounder has significant influence over Moss, it is appropriate to use the equity method to account for the investment. Flounder's share of Moss's net income is calculated by multiplying the net income by the ownership percentage. In this case, Flounder's share would be 40% of the $15 net income, which is $6. The journal entry to record Flounder's share of the net income would be:

Investment in Moss Inc.$6

Equity in Moss Inc. Income$6

Lastly, we need to adjust the investment balance for dividends received from Moss. Flounder's share of the dividends would be 40% of the $5 dividend payment, which is $2. The journal entry to record the dividends received would be:

Cash $2

Investment in Moss Inc. $2

These journal entries reflect the appropriate accounting treatment for Flounder Corporation's investment in Moss Inc. using the equity method. The investment is initially recorded at cost, the share of net income is recognized, and the investment balance is adjusted for dividends received.

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a manager believes his firm will earn a return of 20.80 percent next year. his firm has a beta of 1.75, the expected return on the market is 12.40 percent, and the risk-free rate is 2.40 percent.

Required return:19.9 % the firm should earn given its level of risk and the firm is overvalued.

The anticipated profit or loss on an investment with known historical return rates is known as the expected return (RoR). It is determined by dividing possible results by the likelihood that they will occur, adding the results, and then subtracting the results.

The expected return is typically based on historical data, thus it cannot be guaranteed for the future, but it frequently sets realistic expectations. As a result, the expected return amount can be viewed as a long-term weighted average of past returns.

A risk's or risk combination's magnitude is expressed in terms of the combination of outcomes and the likelihood of those consequences.

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Answer:

False. The bank is NOT an unsecured creditor.

Explanation:

An unsecured creditor can be described as an individual or institution that lends money without requiring the borrower to put up any assets as collateral.

Financing Statement is a statement that a creditor files to notify interested parties that he has a security interest in a personal property of a debtor.  The personal property is therefore held as collateral in a secured transaction, such as a loan or a lease.

Since the bank negotiated the use 1,000 gidgits as collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters, it implies that the bank is a secured creditor.

Therefore, the bank is NOT an unsecured creditor.

Answer:

The Four Factors of Production

Land Labor Capital

The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy

Answer:

B. White House

Explanation:

A portrait of the White house is the main feature visible at the reverse of a $20 bill. The bill has security features, but the White house Image is dominant. At the front, a portrait of the 7th US president Andrew Jackson is visible

To establish a prima facie case of employment discrimination, Oren must show that (A) he is a member of a protected class.

Therefore, to establish a prima facie case of employment discrimination, Oren must show that (A) he is a member of a protected class.

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The complete question is given below:
Oren believes that Plumbing Contractor discriminated against him on the basis of race. He files a suit against Plumbing under the Civil Rights Act. To establish a prima facie case of employment discrimination, Oren must show that

a. he is a member of a protected class.

b. the employer has no legal defenses against the claim.

c. discriminatory intent motivated the employer's actions.

d. no other firm in the industry has committed a discriminatory act.

Answer: Big Tech companies thrive on consumer data.

Explanation: So you can limit there power by imposing

The instance best describes the concept of e-commerce, which is a technological force.

E-commerce is the purchasing and selling of products and services, as well as the transfer of payments or data, through an electronic network, most notably the internet.

These transactions might be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). In the above situation, the instance best describes e-commerce, which is a technical force.

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Answer:

$17,600,000 I took this test and this is it!

The result of Terry transferring two assets to a partnership on the day it’s created for a 60% partnership interest worth $120,000 with a cash contribution of $80,000 and equipment worth $40,000 with an adjusted basis of $16,000 is that Terry realizes but does not recognize a $24,000 gain.

Option C is the correct answer. Realized gain is defined as the amount that a taxpayer gains from the sale or exchange of property. When an asset is sold or exchanged for more than its adjusted basis, a realized gain occurs. Terry has contributed $40,000 in equipment with an adjusted basis of $16,000. Therefore, Terry has a $24,000 realized gain ($40,000 – $16,000). Terry does not, however, recognize the $24,000 gain.

A gain is recognized when it is included in gross income.

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The benefits of massage for Mary's baby born at 28 weeks include improved weight gain, enhanced motor development, and reduced stress levels.

Massage therapy has been shown to have numerous positive effects on premature infants. One of the main benefits is improved weight gain. Regular massage can stimulate the release of growth hormones and increase the production of insulin, leading to better weight gain in premature babies. Additionally, massage can help enhance motor development by promoting muscle strength, coordination, and flexibility. It can stimulate the nervous system and encourage the development of motor skills.

Furthermore, massage therapy can help reduce stress levels in premature infants. Premature babies often experience high levels of stress due to their early entry into the world and the unfamiliar environment of the neonatal intensive care unit. Gentle massage techniques can provide comfort and relaxation, soothing the baby's nervous system and promoting better sleep patterns.

Overall, incorporating massage therapy as part of Mary's baby's medical care can offer various benefits, including improved weight gain, enhanced motor development, and reduced stress levels.

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During the product life cycle, sales begin to slow down while profit levels are high during the maturity stage. This is because the product has reached its peak in terms of market saturation and consumer demand starts to level off.

As a result, the company may experience slower sales growth and an increase in competition, leading to a decrease in sales volume. However, the profit margins remain high due to lower production costs and economies of scale. It is important for companies to manage this stage effectively by implementing cost-cutting measures and investing in product innovation to extend the life cycle and maintain profitability.

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It should be noted that in the PPC, the downward sloping line 'ab' is the production possibility curve.

In the diagram, since point 'A' falls on the PPC itself, it represents the full employment of resources. Point 'A' represents the combination of 30 million bananas and 10 million robots.

Opportunity cost producing a robot = Total bananas possible / Total robots possible

Opportunity cost producing a robot =60/20

Opportunity cost producing a robot = 3 bananas

The area outside PPC represents the unattainable combinations of two goods.

During the recession, the resources are inefficiently used and the production combination is represented by point 'B' which falls below PPC When the production technology improves only for one good and not for the other, the PPC rotates

Marginal opportunity cost of a robot = 80 million bananas / 10 million robots

The marginal opportunity cost of a robot = 8 bananas

Opportunity cost of 2 million robots = 8 bananas × 2 million

The opportunity cost of 2 million robots will be 16 million bananas.

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Answer:

Jack’s total direct and constructive ownership of BJT Corporation under Section 267 is 33%.

Explanation:

From the question, we have the following:

Jack's ownership of BJT Corporation = 30%

Jack's interest in Trumpet Partnership = 10%

Jack's share of 30 percent owned by Trumpet Partnership in BJT Corporation = Jack's interest in Trumpet Partnership * 30 percent owned by Trumpet Partnership in BJT Corporation = 10% * 30% = 3%

Therefore, we have:

Jack’s total direct and constructive ownership of BJT = Jack's ownership of BJT Corporation + Jack's share of 30 percent owned by Trumpet Partnership in BJT Corporation = 30% + 3% = 33%

Therefore, Jack’s total direct and constructive ownership of BJT Corporation under Section 267 is 33%.

Certificates of deposit and money market accounts are both examples of investments with high risk and low return.

A certificate of deposit is a type of savings account in which the issuing bank holds a specific quantity of money for a specified period of time, such as six months, one year, or five years, in exchange for interest.

When one cash in or redeem your CD, they get the money they put in plus any interest earned.

Thus, high and low are correct.

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Answer:

Cancel his cable TV subscription and go out to dinner three fewer times each month with friends

To resolve the budget deficit Aaron should cancel his cable TV subscription and go out to dinner three fewer times each month with friends.

When expenses surpass income, usually over the course of one fiscal year, there is a budget deficit. Though organizations, businesses, and individuals can also have budget deficits, the word is typically used to refer to governments. The national debt grows due to the deficit each year. As a result, the national debt is a much bigger number.

The government experiences losses during times of poor economic development or economic recession. Workers who leave their jobs pay less in taxes, which reduces the government's revenue. A budget deficit can also result from excessive or careless government expenditure when combined with low tax rates.

Budget surpluses are produced when the government's revenue exceeds its expenditures (the opposite of a budget deficit). As a result, the government will have extra money to spend on a variety of purposes, such as debt repayment, tax reduction, funding of public initiatives, and so forth. The surplus funds may also be set aside for when a subsequent budget deficit arises.

Because the effects of budget deficits aren't always bad—in some circumstances, they might actually enhance aggregate demand—they are complicated. Furthermore, the public sector may benefit in a variety of ways, such as through unemployment program or public services, if rising government spending results in budget deficits. But inflation is one of the main risks connected to the budget imbalance.

In general, the only ways to lower the budget deficit are by raising taxes or cutting spending. This can be done by boosting taxes or speeding up the nation's economic growth. It's a fine line to walk, though, as high taxes can stifle economic expansion. Spending reductions present additional challenges since they may hinder economic expansion, reduce tax collections, and even exacerbate the budget imbalance.

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Answer:

An effective sales strategy

Explanation:

Remember, a sales strategy encompasses all efforts by a retailer or company to successfully sell off their products.

One example of a sales strategy is marketing/promotion. By means of an effective product promotion, the seller was able to attract customers due to the discounts they offered, which captivated Leo. This method was effective because Leo wasn’t planning to buy any clothes when he was out shopping but he ended up doing so.

Definitely, Leo fell sway to That's-not-all technique.

The TNA technique is a promotion techniques that offers the  product at an initial price and later improves the deal by reducing the price or adding extra product before the customer responds to initial offer.

The that's-not-all technique entails 2 step procedure for enhancing the compliance

In conclusion, Leo fell sway to That's-not-all technique.

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Answer:

whos taylor?

Explanation:

i dont know anyone named taylor so...

Answer:

do fish get thristy? this is a assignment for health

The best approach to conduct a notable item check to see whether any employees are also set up in the client's system as vendors is an audit data analytics procedure where the auditor may attempt to merge two or more databases and look for evidence of overlapping details/fields, and potential notable items.

The cutoff assertion for sales means that transactions have been recorded in the proper accounting period.

The factor that would result in a lower inherent risk assessment in relation to accounting estimates is when management needs specialized skills or knowledge to develop estimates.

Conducting an audit data analytics procedure where the auditor merges databases and looks for overlapping details/fields and potential notable items is an effective approach to identify employees who may also be set up as vendors in the client's system. By comparing data from different sources, the auditor can identify any potential conflicts of interest or fraudulent activities.

The cutoff assertion for sales focuses on ensuring that transactions have been recorded in the proper accounting period. The auditor needs to verify that sales transactions are recorded in the correct period to accurately reflect the financial position of the company.

When management needs specialized skills or knowledge to develop accounting estimates, it increases the inherent risk associated with those estimates. This is because the complexity of the estimation process may introduce a higher risk of error or manipulation.

Conclusion:

By using audit data analytics procedures, specifically merging databases to identify notable items, auditors can effectively identify employees who may also be vendors within the client's system. The cutoff assertion for sales ensures that transactions are recorded in the proper accounting period. Lower inherent risk assessment in relation to accounting estimates occurs when the process of deriving relevant and reliable data is simple, as opposed to complex estimation processes that require specialized skills or knowledge.

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Answer:

four times

Explanation:

just answered

Answer:

A. Four times the amount of special damages

Explanation: