8. On May 15, 2018, Greenwood Co. invests $13,000 in Jackson, Inc. stock. Jackson pays Greenwood a $900 dividend on November 15, 2018. Greenwood sells the Jackson stock on December 10, 2018, for $12,9

Answers

Answer 1

Total return = dividend + capital gain or lossTotal return = $900 - $100Total return = $800Thus, the total return on the investment is $800.

When the investments are made, the investor usually expects some return from them, which may come in the form of dividends and capital gains. A dividend is a sum of money paid by a corporation to its shareholders out of the profits earned, and capital gains are the returns that arise when a security is sold for a higher price than the purchase price.On May 15, 2018, Greenwood Co.

invested $13,000 in Jackson, Inc. stock. Thus, the initial investment cost is $13,000.The investment has two parts: the initial purchase and any cash generated by the stock. The dividend of $900 paid on November 15, 2018, is one part of the return. Greenwood sells the Jackson stock on December 10, 2018, for $12,900. The selling price of the stock is another part of the return.

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Related Questions

Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods consists of goods that require additional processing before being sold consists of goods that have been sold to customers during the period

Answers

Finished goods consist of completed unsold goods which have not been sold to customers.

What is Finished goods?

Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.

They are completed processed products.

Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.

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why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month

Answers

Answer:

C.

Explanation:

I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.

The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.

A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.

Option (A) is incorrect because interest is only paid on principal, not on interest.

Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.

Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.

Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.

If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.

A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.

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Firms that implement a strategy of _____ operate multiple businesses that are not logically associated with one another.
a. unrelated diversification
b. nondiversification
c. single-business unit
d. synergy
e. entropy

Answers

Firms that implement a strategy of unrelated diversification  operate multiple businesses that are not logically associated with one another. Option A is correct answer.

Unrelated diversification. Firms that implement a strategy of unrelated diversification operate multiple businesses that are not logically associated with one another. Unrelated diversification is a corporate-level strategy in which a company operates in several different industries that are not related to one another. The corporation is still in the position of owning all of its assets and resources while operating in various sectors. An unrelated diversification strategy is used by businesses to expand their income stream by investing in unrelated markets or businesses. An example is a company that produces both coffee and bicycles.

Option A is correct answer.

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8.Reconciling the bank statement monthly is an example of a.segregation of duties. b.independent verification. c.establishment of responsibility. d.documentation procedures.

Answers

An illustration of independent verification is monthly bank statement reconciliation. Thus option (B) is correct.

What is the statement?

Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.

To make the balances match, the various causes of differences are given effect. Since financial accounting is unrelated, it is merely a separate statement to reconcile the transaction.

Therefore, Thus option (B) is correct.

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Do United States government sometimes has to interfere with economy. Why would the government initiate an antitrust suit against a company

Answers

Answer: When there is a monopoly or fraud

Explanation:

An antitrust suit is described as when an individual or an organization files a lawsuit against an organization based on the kind of business practices it carries out. When the government recognises a business bringing up unfavorable means that could lead to monopoly the government could regulate the monopoly by carrying out a price capping, to ensure prices are not exaggerated for consumers more than they can afford. The government could further initiate an antitrust suit against the company for their actions.

Answer:

to ensure companies do not monopolize any particular realm of business

Explanation:

that's the correct answer ;)

PLEASE HELP FAST!!! What is the MOST likely reason that lottery winners often end up with serious financial problems?
They make financial decisions that are not based on their emotions.
They become victims of fraud by those looking to take advantage of the wealthy.
They think over their financial decisions too thoroughly.
The weigh their long- and short-term financial goals before making any decisions.

Answers

Answer:

They become victims of fraud by those looking to take advantage of the wealthy.

Explanation:

The most likely reason that lottery winners often end up with serious financial problems is: “They become victims of fraud by those looking to take advantage of the wealthy.” Hence, Option B is correct.

What does financial problems mean?

Financial difficulty is the inability to make either short-term or long-term debt payments. Debt makes managing money more difficult and reduces one's purchasing power.

Up until all obligations are paid, financial issues become a source of worry. It is necessary to find a solution so that debts can be paid back. Students frequently struggle to pay their bills and afford their education, and many of them have poor incomes, limited financial literacy, and many more.

Families are vulnerable to the destructive effects of economic hardship and financial turmoil. Many families lose their houses, automobiles, retirement accounts, valuables, money, health insurance, and other things during hard economic times.

Therefore, Option B is correct.

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If she were to order 6,000 bills at a time, what would be the dollar value of the average inventory level?
A. $3,000
B. $6,000
C. $12,500
D. $300,000
E. $600,000

Answers

The dollar value of the average inventory level would be $6,000 (option B) if she were to order 6,000 bills at a time.

To calculate the average inventory level, we divide the total inventory value by the number of orders. In this case, if she orders 6,000 bills at a time, the total inventory value would also be $6,000.

By ordering 6,000 bills, she would maintain an inventory level of 6,000 bills at any given time. Since the value of each bill is $1, the total value of the inventory would be $6,000. Dividing this total value by the number of orders (which is 1 in this case), we get the average inventory level of $6,000.

Therefore, the dollar value of the average inventory level would be $6,000 if she were to order 6,000 bills at a time.

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Determine how the transaction changes the accounting equation. The company paid cash for supplies from The Office Store. a. Assets - decrease; Assets – increase b. Assets - decrease; Liabilities – decrease c. Assets - decrease; Owner's Equity – decrease Selected: d. Assets - increase; Liabilities – increaseThis answer is incorrect. e. Assets - increase; Owner's Equity – increase f. Liabilities - decrease; Owner's Equity – increase g. Liabilities - increase; Owner's Equity - decrease

Answers

Answer:

idk

Explanation:

which customer management approach requires a comprehensive supply chain perspective on the part of operations executives?

Answers

The customer management approach that requires a comprehensive supply chain perspective on the part of operations executives is called "supply chain management (SCM)".

Supply chain management is an approach that focuses on optimizing the entire supply chain, from the supplier to the end customer, in order to enhance customer value and achieve competitive advantage. The goal of supply chain management is to coordinate all of the activities involved in the creation and delivery of a product or service, from sourcing raw materials to delivering the finished product to the customer.

In a supply chain management approach, operations executives need to have a comprehensive understanding of the entire supply chain and how it impacts customer value. This involves understanding how each part of the supply chain contributes to the overall value proposition, as well as the costs and risks associated with each component of the supply chain.

Effective supply chain management involves collaboration and coordination between various functions within the organization, as well as with external partners such as suppliers, distributors, and logistics providers.

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Tanen inc. follows theory z and assumes a relationship between the company and the employee that is not typical in the united states. The company plans for?

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Tanen inc. follows theory z and assumes a relationship between the company and the employee that is not typical in the united states. The company plans for long-term staff development and employment.

Developing staff members' knowledge, abilities, and competencies, in order to increase their effectiveness and efficiency for both themselves and the company, is referred to as staff development.

All types of development activities are included in staff development, including workshops, work shadowing, independent study, e-learning, internal or external courses, and scheduled experiences.

Within the constraints of the current budgetary allocation and the acknowledged business necessity, the Company shall endeavor to support persons in a number of ways.

Investing in staff development ensures that your business has the greatest team possible.

When staff members are adequately trained and that training is kept current, they can better assist consumers and provide an excellent customer experience.

Additionally, it demonstrates your willingness to invest in your employees, and they will reward you with greater loyalty and improved performance.

Hence, the company plans for long-term staff development and employment.

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If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage

Answers

The profit in percentage given the revenue and the expenses is -38.60%

What is the profit in percentage?

Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.

Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.

Profit = revenue - expenses

1,000,000 - 1,386,000 = -386,000

Profit in percentage = (profit / revenue) x 100

(-386,000 / 1,000,000) x 100 = -38.6%

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Which of the following is the main reason for engaging private-sector companies in delivering public services?
a.The government wishes to rein in the size of the state.
b.The service can be delivered more efficiently and cheaply.
c.The government wishes to see private-sector companies make bigger profits.
d.The service will be a higher standard.

Answers

b. The service can be delivered more efficiently and cheaply.

The main reason for engaging private-sector companies in delivering public services is often the belief that they can deliver the services more efficiently and cost-effectively. Private companies are expected to bring in market-driven approaches, innovation, and competition, which can result in increased efficiency and potentially lower costs. The government may opt for private-sector involvement to tap into specialized expertise, technological advancements, and streamlined processes that private companies can offer. By leveraging the strengths of the private sector, the government aims to improve service delivery and optimize resource allocation.

It is important to note that while cost-efficiency is a primary consideration, the objective is not necessarily for private-sector companies to make bigger profits (option c). The focus is on achieving better outcomes and value for money in the provision of public services. Additionally, the government's decision to engage private companies is not solely motivated by a desire to reduce the size of the state (option a) but rather to explore alternative service delivery models that can deliver better results.

The desire for higher standards (option d) can also be a motivation, as private companies may be held accountable through contractual agreements and performance indicators. However, efficiency and cost-effectiveness remain the primary drivers behind engaging private-sector companies in delivering public services.

The main reason for involving private-sector companies in delivering public services is the expectation that they can deliver the services more efficiently and cost-effectively. This approach aims to leverage the market-driven approaches, innovation, and competition that private companies can bring to enhance service delivery and optimize resource allocation. While the desire for higher standards and accountability also play a role, the primary focus is on efficiency and cost-effectiveness.

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Because all other parts of the budget depend on it, if the ______ budget is inaccurate, the rest of the budget will be inaccurate.

Answers

Answer:

Sales budget

Explanation:

Because all other parts of the budget depend on it, if the sales budget is inaccurate, the rest of the budget will be inaccurate.

What is the sales budget?

A sales budget is a financial plan that estimates a company’s total revenue in a specific time period. It focuses on two things: the number of products sold and the price at which they are sold to predict how the company will perform.

Sales budgets are important tools to help businesses estimate their overall performance and how much revenue they may make from a certain product. It helps companies forecast sales and maximize the utilization of their resources. A sales budget also serves as a planning tool for organizations to use to set specific standards for achievements. For instance, a company could take its annual sales budget of $1000 and divide it by four to determine the team's quarterly goal of $250.

Organizations can determine if their business is successful by examining how closely they reach their target.

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Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares, b sediment, c downloads, d likes

Answers

A commonly calculated conversion from the list is shares. The answer to this question is option a.

What are shares?

Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.

Shares can be converted to be money. Therefore it is the best answer to this question.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.

Answers

Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.

The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.

Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.

Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.

The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.

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Delivering health care goods and services requires several inputs, in economic terms. These inputs can be classified as either Question Blank 1 of 1 Answer or nonlabor.

Answers

Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either labor or non-labor.

What are non-labor inputs?

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

EnergyLandCapital Information etc.

The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

The majority of nations gather information on the number of employees and are able to compute labor productivity as output per employee.

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Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.

Answers

Answer: 14.96 I took the test

Explanation:

The tagged price or list price refers to the price listed on a product's label. This is the cost at which the product will be offered for sale. Hence Marked  Price $ 14.36 .

What is Marked Price ?

The product may actually sell for less than the advertised price due to discounts that may be applied to this pricing.

The sum of all the expenses incurred during the manufacturing of a good or service is known as the cost price. It is the cost at which the merchant or retailer purchased the good. The price that a producer or seller sets for their goods is referred to as the marked price.

Especially in circumstances where products are being sold or bought. To sell the item at a specific cost, the selling price is used., which can be determined by applying the selling price formula.

The selling price is the price the customer pays to purchase the good. The cost a buyer incurs to purchase a good or service is the real selling price. This pricing includes a profit margin and is higher than the cost of the items.

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Sustainability of the economic environment of berlin: How are
things going economically in berlin? What is the trend over time in
berlin? What do the indicators suggest about this for berlin?

Answers

The sustainability of the economic environment of Berlin: The city has transformed into a hub for technology


The economic environment of Berlin has been experiencing steady growth in recent years. The city has transformed into a hub for technology, creative industries, and start-ups, which has attracted significant investments and fostered innovation. As a result, the GDP of Berlin has increased, indicating a positive trend over time.

Unemployment rates in Berlin have been decreasing over the years, which is another indicator of the city's economic progress. The city has also been working on diversifying its economy, with a focus on renewable energy and sustainable infrastructure, which contributes to the overall sustainability of the economic environment.

Furthermore, Berlin has witnessed a rise in tourism, which has also positively impacted the local economy. The city's government has been implementing various policies to support small and medium-sized enterprises (SMEs) and promote entrepreneurship, contributing to the economic growth.

In conclusion, the sustainability of the economic environment of Berlin appears to be on a positive trajectory. The indicators, such as GDP growth, decreasing unemployment rates, and investments in sustainable sectors, suggest a bright economic future for the city.

This trend is supported by Berlin's focus on innovation, diversification, and government policies aimed at fostering economic development.

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what would result in the inventory on the scf being different than the balance sheet

Answers

Differences between the timing of inventory transactions and the reporting period could result in the inventory on the statement of cash flows being different than the balance sheet.

The inventory on the statement of cash flows (SCF) can differ from the balance sheet due to timing differences in recognizing inventory transactions. The SCF records cash inflows and outflows related to the purchase and sale of inventory, whereas the balance sheet reflects the value of inventory at a specific point in time. For example, if a company purchases inventory on credit in December but does not pay for it until January, the increase in inventory will appear on the balance sheet in December, but the cash outflow will be recorded on the SCF in January.

Similarly, if a company sells inventory in December but does not receive payment until January, the decrease in inventory will be recorded on the balance sheet in December, but the cash inflow will appear on the SCF in January. These timing differences can result in differences between the inventory amounts reported on the balance sheet and the SCF.

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The interpretation of goodness-of-fit measures changes in the presence of heteroskedasticity.

a. True
b. False

Answers

False ,The presence of heteroskedasticity has no effect on the interpretation of goodness-of-fit measures.

In statistics, heteroskedasticity happens when the standard deviations of a variable, monitored over a specific amount of time, are nonconstant.

Assuming a variable is homoscedastic when it is heteroscedastic results in unbiased but inefficient point estimates, biased estimates of standard errors, and overestimation of goodness of fit as measured by the Pearson coefficient.

Plotting a graph of the residuals is one of the most common ways to test for heteroskedasticity. If a fan or cone shape appears in the residual plot, it indicates the presence of heteroskedasticity.

Hence, The interpretation of goodness of fit doesn't measures changes in the presence of heteroskedasticity.

Option (b) False is correct

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Even before Michelle could explain why a prospect had not purchased her company's new line of ecofriendly outdoor furniture, her supervisor started explaining how she should have emphasized the fact that the furniture is made through a revolutionary recycling process and that the prices are justified by the furniture's quality and eco-friendly nature. In this scenario, the supervisor provided Michelle with __________ feedback by telling her how she could make better sales presentations.

Answers

Answer:

Informal feedback

Explanation:

In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I

 Generally, In such feedback there is no exchange of information but one party dictates their view to the other. Hence, from the above we can conclude that the given case is an instance of informal feedback.

Help me with these please? Marking brainliest for best answer! On a time crunch

Help me with these please? Marking brainliest for best answer! On a time crunch
Help me with these please? Marking brainliest for best answer! On a time crunch

Answers

Explanation:

expansionary - budget indicates a deficit, government is spending more than it earns, government spending more on infrastructure development

contractionary - budget indicates a surplus, government spending less than it earns

on the interest question

high interest rates - good for savers and lenders

low interest rates - good for borrowers

so...low interest rates would mean lower repayments on Sarahs loan and the entrepreneurs expansion loan

but jerry might as well play the stock market ..because his savings will earn little in a bank because of low interest rates

When participating in the
___________ ___________ ___________ students and FBLA Chapters
are able to compete with students and chapters ranked the best in the state in competitive events.
The election of State officers occurs at this event.

O National Leadership Conference

O Fall Leadership Conference

O State Leadership Conference

O Regional Leadership Conference

Answers

Answer:

At the National Leadership Conference

Explanation:

Saturn Systems Inc., which is headquartered in the United States, has its production plant located in a less-developed country where working conditions are poor. For example, employees work 15-hour shifts, are exposed to toxic chemicals, and are forced to work overtime. What type of behavior is Saturn Systems Inc. exhibiting?

Answers

a. unethical

employees work 15-hour shifts, areexposed to toxic chemicals, and are forced to work overtime. What type ofbehavior is Saturn Systems Inc.

which is headquartered in the United States?

This company's behavior is unethical. In the globalized world, it is natural for transnational firms to direct their production structure to countries where labor is cheaper, as this makes their product more competitive in the international market. However, these firms must not take advantage of regulatory failures in the labor market in these countries to increase their profit. Every firm must be concerned and ensure that the physical integrity and health of employees who work on its plants is preserved, regardless of location. Thus, in order to act ethically, this firm should implement process improvements to minimize the exposure of employees to chemical agents and to inhibit the exploitation of the labor that occurs when employees work in excess and without being paid for overtime.

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the reduction in taxes owed as a result of a financial decision is known as the

Answers

The reduction in taxes owed as a result of a financial decision is known as the tax savings or tax deduction. A tax deduction refers to a specific expense or deduction allowed by the tax laws that can be subtracted from the taxable income, thereby reducing the overall tax liability. It is a way to lower the amount of income that is subject to taxation.

Tax deductions can take various forms, such as deductions for business expenses, mortgage interest, charitable contributions, educational expenses, or medical expenses, among others. By claiming eligible deductions, individuals and businesses can reduce their taxable income and potentially lower the amount of taxes they owe.

It's important to note that tax deductions are subject to specific rules and limitations set by the tax authorities in each jurisdiction. Taxpayers must meet the requirements outlined by the tax laws to be eligible for deductions and should consult with tax professionals or refer to official tax guidelines to ensure compliance and maximize their tax savings.

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assuming that the client has an it accounting system, describe how the auditors might use data analytic software to design a test to identify the duplicate payments and the unauthorized payments.

Answers

Auditors can utilize data analytic software to design a test that identifies duplicate payments and unauthorized payments in the client's IT accounting system.

To identify duplicate payments, auditors can employ data analytic software to analyze payment records within the IT accounting system. The software can search for duplicate payment amounts, payment dates, vendor names, or invoice numbers, flagging any instances where multiple payments match these criteria. The auditors can then review these flagged payments to determine if they are genuine duplicates or if there are errors in the system that led to multiple payments.

Similarly, to detect unauthorized payments, auditors can utilize data analytic software to examine payment records for transactions that fall outside of established approval protocols or vendor lists. The software can compare payment details against authorized vendors, predetermined thresholds, or other pre-defined criteria to identify any anomalies. Any payments that deviate from the expected parameters can be further investigated by the auditors to assess the validity and authorization of the transactions.

By leveraging data analytic software, auditors can efficiently analyze large volumes of payment data, quickly identify potential issues, and focus their efforts on investigating and addressing any duplicate payments or unauthorized transactions in the client's IT accounting system.

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Type the correct answer in the box. Spell the word correctly. Which trait is described in the given sentence? is acting consistently according to one's values and principles. ​

Type the correct answer in the box. Spell the word correctly. Which trait is described in the given sentence?

Answers

Answer:

integrity

Explanation:

Answer:

integrity

Explanation:

in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute

Answers

Answer:

agency regulations i think

A cash flow statement can help you develop and determine budget categories.
a. True
O b. False

Answers

B. False hope this helps!
Other Questions
Calvin Butterball earns $400 working at the supermarket to help pay his share of a vacation trip with Phoebe Small's family. To supplement his earnings, Calvin's mother will give him an additional 20% of what he earns and his father will give him an additional 30% of what he earns. a. How much will he get from each parent? Hey guys do any of you guys know the answer to this? Im struggling with it and I still dont know the answer plz help me! Thanks! Answer 10 and 11 please Make Inferences Why might a company hire workers in a different country and/or a different time zone? Pixie industries has recently patented a new product called Stardust. The following annual information was developed by the company's controller for use in price determination:Variable production costs: $930,000Fixed overhead: $310,000 selling expenses: $210,000General and administrative expenses: $115,000Desired profit: $171,000Annual demand for the product is expected to be 500,000 bottles.A) Compute the projected unit cost for one bottle of Stardust.B) Prepare the formulas for computing the markup percentage and the selling price for one bottle using the gross margin pricing method. markup percentage. The sum of two numbers is 75 and their difference is -25 assuming the pure expectations theory is correct, which of the following statements is correct? question 39 options: if 2-year treasury bond rates exceed 1-year rates, then the market must expect interest rates to rise. if both 2-year and 3-year treasury rates are 7%, then 5-year rates must also be 7%. if 1-year rates are 6% and 2-year rates are 7%, then the market expects 1-year rates to be 6.5% in one year. reinvestment rate risk is higher on long-term bonds, and interest rate (price) risk is higher on short-term bonds. interest rate (price) risk and reinvestment rate risk are relevant to investors in corporate bonds, but these concepts do not apply to treasury bonds. one strategy for managing your body when giving a speech is to What are some similarities and differences in Indian and Chinese civilizations? 40 cm3 of acid were mixed with 60 cm3 of alkali in an insulated container. What name is given to this type of reaction? i noticed that the wood structures around the damp areas of my house are damaged, the other day i saw winged insects emerging from the wood. what insects could these be? why do you think so? group of answer choices termites cockroaches honey bees carpenter ants Which of the following methodologies takes the end product requirements from the MPS and breaks them down into their component parts and subassemblies to create a materials plan?Materials requirement planning The thinking of the Scientific Revolution led to the challenges that resulted in political revolution.TRUEFALSE Please please help me Nutrients need to get into our blood. True FalseThe appendix has a very important job.Question 19 options: True FalseThe stomach has a lot of muscles.Question 18 options: True False Paige ran four miles a day last week. This week, she ran five miles a day. How did adding a mole most likely affect her workout? What are the comparative strengths and weaknesses of the two autogenic, and endosymbiotic hypothesis? While completing a race, Ned spent 63 minutes walking. If theratio of time walking to jogging was 9:1, how many minutesdid he spend completing the race? find the boyant force acting on when submerged in mercey given the density of the density of the mercery is 13,600 kg/m^3 In your opinion, which has the biggest influence on a persons identity: their family and community or their individual interests and choices? Lead balls that are 1 cm in diameter and at an initial temperature of 600 K are to be cooled by dropping them in air at 30C. How long does it take to cool the ball to an average temperature of 575 K if h=30 W/m 2 K ?a. 3 sb. 13 s c.. 7 sd. 20 s