When auditing treasury stock, one will normally expect to see an entry in cash disbursements. The right answer is a.
Internal accountants of a firm keep a record called a cash disbursement journal that lists all of the money that is spent by the company before it is recorded in the general ledger. These journals are compared to general ledger accounts on a monthly basis, and the results are used to produce financial statements for typical accounting periods.
The distribution amount, the cheque number, the transaction type, the payee, and any other essential information are all contained in a cash disbursement log. Cash disbursement diaries can aid business owners in managing their cash flow by giving them a clear picture of their inventory costs, employee salaries, leasing charges, and other external costs.
The correct answer is option a.
Know more about cash disbursements here
https://brainly.com/question/31214335
#SPJ4
The question seems incomplete. The complete question is:
When auditing treasury stock, one will normally expect to see an entry in which journal?
Multiple Choice
a. Cash disbursements.
b. Cash receipts.
c. Purchases.
d. Sales.
Sabrina, a member ,has been employed by Luca & Smith, CPA's for the past 10 years. During that time, Sabrina has worked on many of the firm's most complicated clients and projects. Sabrina is a member of the local Chamber of Commerce and the AICPA. Sabrina has decided to leave Luca & Smith, CPA's to start her own CPA practice. While the firm was sorry to hear about Sabrina's plans to leave ,there is no animosity between the parties. As part of the formation of her new firm, Sabrina is considering various forms of advertising, marketing ,and solicitation. Which of the following forms of advertising, marketing, and solicitation is acceptable in all cases?
0 Soliciting clients of her former firm by calling them three times a day for a month and guaranteeing that she will a better job.
0 Placing a yellow pages ad that states that Sabrina is a tax expert' if she, in fact, can demonstrate that she has expertise in the area as a result of education, training, or experience.
0 Using a marketing brochure that states: 'no other sole practitioner in the state has the tax knowledge that Sabrina has'.
0 Both a. and c. are acceptable.
According to the CPA professional code of conduct, it is to be noted that in the above scenario, the best form of advertising and marketing that Sabrina can use is "Placing a yellow pages ad that states that Sabrina is a tax expert' if she, in fact, can demonstrate that she has expertise in the area as a result of education, training, or experience." (Option B)
What does the CPA Code say about Advertising?A CPA may not engage in misleading and fraudulent advertising activities under the Advertising and Other Forms of Solicitation Rule of the AICPAs Code of Professional Conduct.
The CPA business should carefully consider the advantages of presenting its message to potential clients through advertising. Advertising is not sloppy; it is an excellent business.
The updated Code creates a conceptual framework for all professional accountants to assure compliance with the five key principles of ethics:
Integrity, Accountability, Transparency, and Accountability.Objectivity.Due Care and Professional CompetenceConfidentiality.Professionalism in Action.Learn more about CPA Code:
https://brainly.com/question/28198157
#SPJ1
Describe an experience you have had as a consumer which illustrates supply and demand.
Answer:
The law of supply and demand is the market rule by means of which the supply of goods and the demand for them are interrelated, linked through price: the higher the price of the good, the lower the demand for it, since that it will be more inaccessible for consumers, with which there will be an excess supply; Whereas, if the price of the good falls, the demand for the good increases and its supply will not meet the consumption expectations of consumers.
A clear example of this situation occurred in the midst of the coronavirus pandemic, when as a result of restrictions on public transport and fear of crowding in closed places, many people decided to purchase bicycles as an alternative means of transport, which triggered the demand for said well by causing the prices of these to increase.
i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was raised on a farm, but doesn't plan to be a farmer. What kinds of careers should he consider?
according to the michigan studies, which trait does likert find most consistent with employee-centered leader behavior?
The Michigan leadership studies were conducted in the late 1940s and early 1950s, and they identified two main leadership styles: employee-centered and job-centered.
In the Michigan studies, Rensis Likert found that employee-centered leader behavior was most consistent with the trait of "consideration." This trait refers to a leader's ability to create a supportive and respectful work environment, and to establish positive relationships with employees. Leaders who exhibit consideration tend to show concern for their employees' well-being, listen to their ideas and opinions, and involve them in decision-making.
Likert found that leaders who exhibited high levels of consideration tended to have more satisfied and committed employees, lower turnover rates, and higher productivity levels. This suggests that employee-centered leadership can have a positive impact on organizational outcomes.
learn more about organizational outcomes here
https://brainly.com/question/31026101
#SPJ1
economy where the government owns and offers all the goods and services is called ?
In such situation, we would have what is known as a command economy, in which the government owns, provides, and sets the prices for all goods and services.
The goal of a command economy, often referred to as a planned economy, is to maximise societal welfare by the planning, coordination, and direct supervision of all economic activity. In contrast to free-market economies, command economies do not permit market forces like supply and demand to control production or prices. All resources are allocated by the government in line with the overall plan. It strives to make the best use of the country's financial resources, labour force, and natural resources. A central authority determines both the maximum allowable output and the prices that can be paid for products and services under a political system with a command economy. Most industries are publicly held businesses.
To learn more about command economy refer here:
https://brainly.com/question/18064860
#SPJ4
When it comes to investing, what is the best approach to very optimistic and big news about a new company? (5 points)
a
Invest right away; trust the news.
Caution; research the company first.
O Invest a large amount through a financial advisor.
Contact the company to obtain information.
Answer:
caution research company first
Explanation:
safest option
Describe how to make an electronic payment.
Answer:
In the explanation. :)
Explanation:
Each bank as similar ways when it comes to making an electronic payment. Once you are in your bank information on your phone or computer, you can set up a payment in the payments/bills section. You add the information to the bill you wish to pay and then you send the amount you want to pay ont he date you schedule it for.
Hope this helps. Have a great weekend.
A U.S. company that manufactures home appliances is interested in entering the Chinese market. The company has many national appliance competitors in China, all of which have a better understanding of the unique needs of Chinese customers. Based on these facts, the U.S. company should consider which strategy for entering the Chinese market
Answer: Global strategic alliance
Explanation:
A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.
Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.
as an office worker you are supposed to explain in your new assistant the following things. explain in your own words
A}minutes
B} memorandum
C} agenda
D} telegrams
E} pictograms
Answer:
c- a list of items to be discussed at a formal meeting.
a- a period of time equal to sixty seconds or a sixtieth of an hour.
b-a written message in business or diplomacy
d-a message sent by telegraph and then delivered in written or printed form.
e-a pictorial symbol for a word or phrase. Pictographs were used as the earliest known form of writing, examples having been discovered in Egypt and Mesopotamia from before 3000 BC
Explanation:
Quentin manages a personal care company that focuses on shampoo, conditioner, and body wash. One of his roles is structuring the company's resources and activities to accomplish its objectives efficiently and effectively. What management function does this example pertain to?
The management function that structures the resources and activities to accomplish its objectives efficiently and effectively is known as Organizing.
What is Organizing in management?An Organizing function means a management function that assembles people, organizes resources and distributes the planned work necessary to carry out the managers plan.
In conclusion, the organizing function is very important because its ensures an effective role-job-fit for every employee in the organization.
Read more about Organizing function
brainly.com/question/8092138
Snuggables sells microwaveable heat packs online. Their sales software collects customer/sales information and shares it with the customer service and sales departments. None of the customer complaints or suggestions reach the product development person, however. Which step of the three-step processes for success is Snuggables failing to use fully?
Answer: The customer service department
Explanation:
Customer service is one of the most vital group in any organization, because they relay and interact information and complain customers have to the producers for either amendment or improvement. Customer service is not just an ordinary department but a vital one in an organization. It is the bridge between the customer and manufacturer or service provider, hence it should be used fully so the organization gets the best out of it for the sake of their products or services.
When demand and production increase, what usually decreases?
Answer:
Price usually decreases
Explanation: When a product’s demand and production increase, PRICE usually decreases.
Answer:
Prices
Explanation:
Take the example of Apple. If Apple was to lower the price of the iPhone 11 to 300 dollars then there would be way more people buying the iPhone. Demand went up because prices went down
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited
resource?
O Who can be most creative with the product?
O Who has the largest resource pool?
O Who has the greatest need?
O Who can bring in the greatest profit?
Answer:
who has the greatest need
Explanation:
A society will give consideration to those who have the greatest need for a scarce resource when producing them.
What are scarce resources?Scarce resources refers to those resouces which are in limited quantity whereas the demand for them is great.
Scarce resources must be managed effectively in order to ensure that they are not exhausted and that they get to those most in need of them.
Therefore, a society will give consideration to those who have the greatest need for a scarce resource when producing them.
Learn more about scarce resources at: https://brainly.com/question/3081250
Why do you think economists have different belief systems/theories on economics?
Answer:The principal disagreement among economists is a matter of economic philosophy. There are two major schools of economic thought: Keynesian economics and free-market, or laissez-faire, economics.
Keynesian economists, named after John Maynard Keynes, who first formulated these ideas into an all-encompassing economic theory in the 1930s, believe that a well-functioning and flourishing economy may be created with a combination of the private sector and government help.
By government help, Keynes meant an active monetary and fiscal policy, which works to control the money supply and adjust Federal Reserve interest rates in accordance with changing economic conditions.
By contrast, the free-market economists advocate a government "hands-off" policy, rejecting the theory that government intervention in the economy is beneficial. Free-market economists—and there are many distinguished advocates of this theory, including Nobel Memorial Prize winner Milton Friedman—prefer to let the marketplace sort out any economic problems. That would mean no government bailouts, no government subsidies of business, no government spending explicitly designed to stimulate the economy, and no other efforts by the government to help what the economists believe is the ability of a free economy to regulate itself.
Explanation:
WHY DO THEY CALL IT GAS WHEN ITS A LIQUID?
Answer:
i don't know if the is correct or not but I'll give it a shot at answering. most vehicles are powered by gasoline (obviously) but we often refer to it as gas although it isn't even a gas. it's a liquid, but humans just like renaming things i guess. anywho gasolines state of matter is NOT a gas but we just shortend it to "gas." (hoped this helped lol)
assume that the marginal propensity to consume is 0.8 how will a decrease in taxes of 100 billion and a decrease in government spending of 100 billion affect aggregate demand?
According to the given data, assume that the marginal propensity to consume is 0.8. Let's find out how the decrease in taxes of $100 billion and a decrease in government spending of $100 billion will affect aggregate demand.
Marginal Propensity to Consume (MPC) is defined as the proportion of the additional income that is spent on consumption goods and services. The marginal propensity to consume is a fractional number, usually ranging between zero and one. A high MPC indicates that consumers tend to spend the majority of any additional income they receive. MPC is inversely related to the marginal propensity to save (MPS), which is the proportion of additional income that is saved rather than spent. Determination of the Effect on Aggregate Demand
The formula for the multiplier effect is K=1/(1-MPC), where MPC is the marginal propensity to consume.
Now, we will determine the effect on aggregate demand, as follows:
Multiplier effect= 1/(1-MPC)
=1/(1-0.8)
=1/0.2=5
It means that the multiplier effect is 5.
Now we can use the multiplier effect formula, which is given as:
∆AD=K∆T
=T(1-MPC)/5∆AD
=K∆G
=G×K
= 100 × 5=500 billion
Therefore, the decrease in taxes of 100 billion and the decrease in government spending of 100 billion will reduce aggregate demand by 500 billion, which is five times greater than the tax cut and government spending decrease.
To learn more about the “multiplier effect” refer to the https://brainly.com/question/31197972
#SPJ11
Give 10 examples of nonmaterial/nontangible values
Answer:
Wind
Heat
Water Vapor
Gases
Sun Ray
Gadget Signals
Transverse Wave
Sound
Music
Gamma Rays.
Estimated cost and operating data for three companies for the upcoming year follow:
Predetermined overhead rates are computed using the following allocation bases in the three companies:
(b) Assume that Company X works on three jobs during the upcoming year. Direct labor-hours recorded by job are: Job 418,12,000 hours; Job 419,36,000 hours; and Job 420,30,000 hours. How much overhead will the company apply to Work in Process for the year? If actual overhead costs total 530,000 for the year, will overhead be underapplied or overapplied? By how much?
Estimated cost and operating data for three companies for the upcoming year the Predetermined Overhead Rate:
Calculation is attached in the image.
The foreordained overhead charge may be a plantwide overhead fee based on the assessed add as much as overhead fetched and the evaluated upload as much as overhead driver. The charge is utilized to apply overhead costs to employments in a task-order costing framework.
First, we want to determine the predetermined overhead fee:
Predetermined production overhead rate= total envisioned overhead expenses for the period/ overall amount of allocation base.
Now, to calculate the over/under allocation, first, we need to allocate overhead for the entire employer.
allotted MOH= predicted
production overhead fee* real quantity of allocation base.
To know more about predetermine manufacturing overhead rate visit:
https://brainly.com/question/16901685
#SPJ4
How can understanding your interests, skills, and personality help you in your career?
It can help you identify careers that you may enjoy.
It can show you the best possible company to work for.
It can determine your exact future income.
It can match you with a mentor.
Answer: A, It can help you identify careers that you may enjoy.
Which of the following is NOT one of the three components of the Toyota Production System? A. respect for people B. standard work practice C. six sigma D. continuous improvement
The component that is NOT one of the three components of the Toyota Production System is "six sigma." The three components of the Toyota Production System are:
Continuous improvement (also known as Kaizen): This refers to the ongoing effort to improve processes and eliminate waste in order to increase efficiency and quality.
Standard work practice: This involves developing and following standardized work procedures in order to ensure consistency, quality, and safety.
Respect for people: This component emphasizes the importance of treating employees and partners with respect and dignity, and creating a supportive work environment that encourages creativity, learning, and personal growth.
While Six Sigma is a widely used quality management methodology, it is not one of the three components of the Toyota Production System. Six Sigma focuses on minimizing defects and reducing variability in processes, with the ultimate goal of improving quality and customer satisfaction.
Learn more about six sigma here:https://brainly.com/question/30592021
#SPJ11
By establishing property rights, governments provide _______ for people to create new goods and services.
1.thefts
2.incentives
3.Intangible assets
Answer:
2.incentives
Explanation:
There are many local, state, and federal government incentives available at the moment which are directed towards the home buyer, especially first home buyers of new homes.
hopefully, that helps!
1. Your older sister, Anna is trying to figure out how she's going to pay for college in the
Fall. Anna is going over her options with you one night and she narrows it down to
either putting her college education on your parents' credit card or taking out a
student loan. Which one would you suggest and why?
I
2. Anna then tells you a story about her friend, Chad. Chad has a Target credit card that
he opened a few months ago. The other day he tried to use his credit card to buy
popcom at the movies, but it was denied. Explain to your sister why this happened.
Which of the following statements is a fact about buyer behavior?
A.People buy based on real needs, not how a product will affect other people's opinions of them.
B.People are born with unchanging attitudes toward a product.
C.Messages about product benefits have more impact than messages about product features.
D.Salespeople should know which products are most profitable and how well products are selling.
Answer: That’s the correct answer ^^^
On apex
Explanation:
According to facts about consumer behavior, messaging regarding a product's benefits have a greater impact than those about its features. Therefore, option C is correct.
What describes buyer behavior?Buyer behavior is any act or set of acts a buyer engages in when purchasing. Both good and negative actions by the customer are possible.
The business will succeed if clients respond favorably to a company's offers. Also, when clients take unfavorable action, the performance and success of the business are significantly threatened. To succeed in this cutthroat climate, any marketer must accurately assess the consumer's behavior.
The four main determinants of consumer behavior are cultural, social, personal, and psychological. A consumer's culture, subculture, and socioeconomic status are cultural elements. These elements frequently come naturally to our ideals and thought processes.
Four psychological factors—attitude or belief system, motivation, perception, and learning—have an impact on consumer behaviour.
Learn more about buyer behavior here:
https://brainly.com/question/28662169
#SPJ3
When did banks of deposit first arise?
Answer:
Around 2000BC
Explanation:
x co purchased $5000 of inventory on account with credit terms of 2/10, n/20. assuming that x co uses the perpetual inventory methood, what is the amount of the change in x's total assets when the inventory was purchased
The credit terms of 2/10, n/20 for $5000 inventory purchased on account is indicating a cash discount of 2% if the payment is made within 10 days, and the full amount is payable within 20 days.
As the perpetual inventory method is being used, the cost of goods sold and inventory will be impacted by the purchase. The cost of goods sold would decrease by $5000, and the inventory would increase by $5000, resulting in no change in the total assets of X Co.
This is because the cost of goods sold is an expense and reduces the net income, while inventory is an asset and increases the net income, but when added together, there is no change in the total assets of the business. Therefore, there will be no change in X's total assets when the inventory was purchased.
Learn more about inventory account https://brainly.com/question/24125298
#SPJ11
Define and compute opportunity cost
Answer:
opopportunity cost is the value of the next best alternative or option. this value may not be measure on money
value can also be satisfaction. one formula to calculate opportunity cost could be the ratio of what you are sacrificing to what you are going
PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest
A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.
What is credit card?A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.
According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.
As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.
Learn more about on credit card, here:
https://brainly.com/question/27350251
#SPJ5
logical fallacy Well, what form of government do you want, a government by liberal do-gooders ready to spend your hard-earned dollars or a government led by business minds that understand how to live within a tight budget and generate jobs that put people to work. Group of answer choices
Answer:
i don´t nou sorry
Explanation:
Interest is capitalized when incurred in connection with the construction of plant assets because_______.
Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue
What is Interest?This refers to the amount or rate that is added to a principal amount and this is usually done when a loan is collected.
Hence, we can see that when plant assets are being constructed, interest is capitalized and the main reason why this happens is that the asset is not generating revenue.
Furthermore, actual interest is the only thing that should be capitalized and this is because, during construction, the asset is not generating revenue and therefore companies should defer (capitalize) interest cost.
Thus, Interest is capitalized when incurred in connection with the construction of plant assets because, during construction, the asset is not generating revenue.
Read more about interest capitalization here:
https://brainly.com/question/417585
#SPJ1
WILL MARK BRAINLIEST
Does my signature have to be my name? Example, Instead of using my first and last name, i use 'lettuce'.
Please put how or where u got ur information.
(this is for a class discussion)