D) when you charge more than your current credit limit
Why: because my sister has done it and I did that question in my school
Hope this helps good luck!!
organization isn a group or team that works together to accomplish a task
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
Answer:
B. procure-to-pay cycle.
Explanation:
Procure to pay -
It is the method of purchasing , requisitioning , accounting or paying for any services or goods .
It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .
Hence , the correct term for the given statement is B. procure-to-pay cycle .
Answer:
The answer is option (C). The firm's required rate of return=11.95%
Explanation:
The required rate of return can be expressed using the formula below;
RRR=RFR+B(MRR)
where;
RRR=required rate of return
RFR=risk free return
B=beta
MRR=market rate of return
In our case;
RRR=unknown
RFR=4.25%
B=1.4
MRR=5.5%
This can be written as;
Required rate of return=risk free return+(beta×market rate of return)
replacing;
RRR=4.25%+(1.4×5.5)
RRR=(4.25%+7.7)=11.95%
The firm's required rate of return=11.95%