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2 years ago

Are responsible for verifying accuracy of their organization''s internal records and validating the accounting procedures.

1 answer:

5 0

INTERNAL AUDITORS are responsible for verifying accuracy ..........................
The activities performed by the internal auditors help a company to achieve its goals by employing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance.<span />

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Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

Svetllana [295]

Answer:

This is an example of Invisible Hand.

Explanation:

The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.

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2 years ago

On January 1, 2020, Hat Trick Manufacturing exchanged some equipment for a $750,000 zero-interest-bearing note due on January 1,

Marina86 [1]

Answer:

61,198.47

Explanation:

First we solve for the present value of the note receivables at January 1st, 2021 As we are asked for the interest revenue on the 2021 incoem statment

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $750,000.00

time 2.00

rate 0.10000

$\frac{750000}{(1 + 0.1)^{2} } = PV$

PV 619,834.7107

now, we calcualte the interest considering the 10% implicit interest

619,834.7107 x 0.10 = 61,198.47

This will be the interest revenu for the year 2021

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2 years ago

A convenience store chain attempts to be responsive and

lidiya [134]

Answer:

Explanation:

Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.

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2 years ago

Home Remodelers, Inc., and Imogen enter into a contract for a sale of cabinets and countertops. Home Remodelers, a merchant who

zysi [14]

Answer:

Explanation:

Based on the information provided by the Uniform Commercial Code (UCC) can be said that this means that fit for the ordinary purpose for which such goods are used. Meaning that the good that is being sold must meet the expectations that the ordinary buyer is expecting to receive from the product based on it's description and advertisements.

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2 years ago

How much resistance is ther in a 12-volt circuit with a 2-amp current

Nataly [62]

GIVEN -> Voltage in circuit = 12 V
Current in circuit = 2 A
To find resistance we will use the well known equation or Ohms Law equation,
which is; V = IR
hence R = V/I
R = (12 V) / 2 A
R = 6 ohm
therefore, ideally the resistance in the circuit would be equal to 6 ohms.

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2 years ago