On January 1, 2016, the Accounts Receivable balance was $28,100 and the balance in the Allowance for Doubtful Accounts was $3,200. On January 15, 2016 an $940 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is:
a) $27,160.
b) $23,960.
c) $24,900.
d) $25,840.

Answers

Answer 1

Answer:

Net Accounts receivable = $24900

so correct option is c) $24,900

Explanation:

given data

Accounts Receivable balance = $28,100

Doubtful Accounts = $3,200

uncollectible account = $940

to find out

net realizable value of accounts receivable immediately

solution

we get here first Accounts receivable that is

Accounts receivable = Accounts Receivable balance - uncollectible account    ...............1

Accounts receivable = $28,100 - $940

Accounts receivable = $27160

and

allowance will be here

allowance = Doubtful Accounts - uncollectible account  .................2

allowance = $3,200 - $940

allowance = $2260

so Net Accounts receivable is

Net Accounts receivable = $27160 - $2260

Net Accounts receivable = $24900

so correct option is c) $24,900


Related Questions

How do method variables such as depth of solution, data collection method, etc vary the rate of photosynthesis?

Answers

Answer:

The method variables such as depth of solution, data collection method etc. vary the rate of photosynthesis due to their influence on the variables of light intensity, temperature, carbon dioxide, light quality.

Explanation:

During photosynthesis, O2 gas is used and CO2 is produced simultaneously using a light as energy source whose intensity may vary, a solution with different depth varies to provide water and sodium bicarbonate varies to provide dissolved CO2 as the more sodium bicarbonate is added, there is a greater amount of carbon dioxide on it, this will resultin an increase in the speed of photosynthesis.

There is always the possibility of human error in experiment variables which may lead to different measures of the maximum rate on photosynthetic capacity (Amax) or the rate in which leaves are able to fix an amount of carbon dioxide per metre squared per second, for example as μmol m−2 sec−1.

HMR Inc. is a company that manufactures household chemicals and fertilizers used in farming. Its customers consist of farmers and other people who purchase its products. Its suppliers will be most affected by the business through the ________.

Answers

Answer:

B. Reputation of the company

Explanation:

Sometimes called goodwill of a company or reputation is simply what others think about a business based on their experience, and what they’ve heard about the business.

HRM Inc. Supplier's would benefit from the company's good reputation.

For example, when giving out credit transactions to companies, supplier's trust are often built on the reputation of the company.

Harvey Corporation shows the following in the stockholders' equity section of its balance sheet: The par value of its common stock is $0.25 and the total balance in the Common Stock account is $50,000. Also noted is that 15,000 shares are currently designated as treasury stock. The number of shares outstanding is:

Answers

Answer:

185,000 shares outstanding

Explanation:

First we get the value of the treasury stock

= 15,000 x $0.25 = $3,750

We know that treasury stock is the difference between shares issued and shares outstanding.

So, to obtain the total value of shares outsanding, we simply substract the value of treasury stock from common stock:

=$50,000 - $3,750

=$46,250

Now, we simply write the following equation to obtain the number of shares outstanding:

46,250 = 0.25 * X

X = 46,250 / 0.25

X = 185,000

When a company lengthens a product line by adding more items within that lines current​ range, they are​ __________.
product line filling
product line stretching
product mixing
increasing product depth
building product equity

Answers

Answer:

The answer is product line filling.

Explanation:

As said, the strategy involves adding more products to the current range. This is mainly used to,

Reduce the competition and decrease the threat from new products of new and existing competitorsTo take advantage of the existing gaps in the market place and market space

Business Rental Corporation (BRC) and Cartage Trucking Company enter into a contract for a lease of ten hydraulic lifts. Under the perfect tender rule, BRC must ship or tender goods to the lessee that​ Select one:_______
a. ​entirely conform to the contract description except in one or two details.
b. ​substantially conform to the contract description in most details.
c. ​approximately conform to the contract description.
d. ​conform to the contract description in every way.

Answers

Answer:

D) conform to the contract description in every way.

Explanation:

The perfect tender rule refers to article 2 of the Uniform Comemrcial Code (UCC). This rule applies to the selling or leasing of goods, where a buyer or lessee can reject goods delivered to them if they do not comply with the contract's terms in a perfect way. In other words, if the goods delivered are not exactly as those specified in the contract, then the buyer or lessee can reject them.

The equilibrium wage rate is $18. A perfectly competitive firm sells widgets for $8. Suppose the marginal product of the 6th unit of labor is 3 widgets and the marginal product of the 9th unit of labor is 2 widgets. This firm should hire:

Answers

Answer:

should hire the sixth employee whose marginal product is 3 widgets

Explanation:

Since we are not given information about the seventh and eighth employee's marginal product, we cannot know if they should be hired or not.

A competitive firm must hire employees to a point where marginal labor cost equals marginal revenue product.

Marginal labor cost = $18

Marginal revenue product sixth employee = 3 widgets x $8 per widget = $24

Marginal revenue product ninth employee = 2 widgets x $8 per widget = $16

marginal revenue product for the sixth employee is higher than marginal labor cost, therefore the employee should be hired

marginal revenue product for the ninth employee is lower than the marginal labor cost, therefore the employee should bot be hired

The firm should hire the 6th unit of labor as its value of marginal product ($24) exceeds the wage rate ($18), but not the 9th unit since its value of marginal product ($16) is below the wage rate.

The student's question revolves around the decision-making process of a profit-maximizing firm in a perfectly competitive labor market regarding how many workers to hire based on the marginal product of labor and the equilibrium wage rate. The purpose is to determine the optimal number of workers the firm should hire when the equilibrium wage rate is $18, the firm sells widgets for $8, and the marginal product of labor changes at different levels of employment.

To make this decision, the firm assesses the value of the marginal product, which is found by multiplying the marginal product of labor by the firm's output price. For the 6th unit of labor, producing 3 widgets means generating $24 (3 widgets x $8/widget) in revenue.

For the 9th unit of labor, which produces 2 widgets, the revenue generated is $16 (2 widgets x $8/widget).

Considering the equilibrium wage rate of $18, the firm should hire workers as long as the value of the marginal product is equal to or greater than the wage rate.

As such, the firm should hire the 6th unit of labor because its value of marginal product ($24) is higher than the wage rate. However, the firm should not hire the 9th unit of labor because its value of marginal product ($16) is below the wage rate ($18).

Where Is Monetary Policy​ Stronger? In an open​ economy, changes in monetary policy affect both interest rates and exchange rates. Comparing the United States and​ Switzerland, in which country would monetary policy have a more significant effect on GDP through changes in exchange​ rates?

Answers

Answer:

First of all, Switzerland has one of the most open and free market economies in the world, while the US government says that our economy is open but compared to other capitalistic countries, the American economy is a very closed one.

The effects of any change in monetary policy will be more significant in a small open economy like Switzerland since foreign trade is very important to them.

An increase in the money supply will depreciate the currency of a country, and any effect on the exchange rate will affect more an open economy.

Looking to increase its customer loyalty, management at Epic International has worked to create a personal dialogue with their customers. This dialogue will enable Epic to offer products that exactly meet their customers' needs and provide personalized service before and after the sale.
What strategy does Epic International illustrate?

A. a production orientation
B. niche marketing
C. relationship marketing
D. personalized promotion

Answers

Answer: (C) Relationship marketing

Explanation:

 The relationship management is one of the business strategy where the organization basically maintaining the partnership with the clients and the customers.

The main aim of the relationship management is that it efficiently deals with the relationship between the business and the customers.

By using the relationship marketing strategy, it manage all the consumer data which is known as CRM (Customer relationship management) and also analysis the business.

Therefore, Option (C) is correct.

an invesment adviser i slooking to offer advisory services to new clients. which statement is true regarding delivery of form adv parts 2a and 2b?

Answers

Answer:

B) They must be delivered regardless of whether the individual becomes a client of the investment adviser

Explanation:

The North American Securities Administrators Association (NASAA) requires investment advisers to deliver the Brochure (Form ADV Part 2A) and the Brochure Supplement (Form ADV Part 2B) to any prospective client they seek. Both the Brochure and the Brochure Supplement must be delivered within 48 hours of contacting the prospective client.  

The correct answer is option (a)  the delivery of Form ADV Parts 2A and 2B is that they must be delivered to new clients before or at the time of entering into an advisory contract with them.

Form ADV is the uniform form used by investment advisers to register with both the Securities and Exchange Commission (SEC) and state securities authorities. Part 2 of Form ADV is divided into two sections: Part 2A (the "brochure") and Part 2B (the "brochure supplement"). Part 2A contains information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees. Part 2B, on the other hand, contains information about the specific qualifications and business practices of the supervised persons who actually provide the investment advice to the client.

The Investment Advisers Act of 1940 and the rules thereunder require that investment advisers provide their clients with a current brochure (Part 2A) and a brochure supplement (Part 2B) at certain times. Specifically, an adviser must deliver these documents to new clients before or at the time the advisory contract is entered into and the client is legally obligated to pay the advisory fee. This ensures that clients have the necessary information to make an informed decision about whether to engage the adviser's services.

Additionally, advisers are required to deliver an updated brochure and brochure supplement to existing clients within 120 days after the end of the adviser's fiscal year, or promptly after there is a material change to the information in the brochure or brochure supplement. This requirement ensures that clients are kept informed about the adviser's business and any changes that might affect their advisory relationship.

In summary, the delivery of Form ADV Parts 2A and 2B is a critical step in establishing a transparent and compliant advisory relationship between the investment adviser and their clients. It is not only a regulatory requirement but also a best practice for fostering trust and confidence with clients.

The complete question is:

An invesment adviser i slooking to offer advisory services to new clients. which statement is true regarding delivery of form adv parts 2a and 2b?

A. They must be delivered only if the individual becomes a client of the investment adviser

B. They must be delivered regardless of whether the individual becomes a client of the investment adviser

C. They must be delivered only upon written request of the individual that is considering becoming a client

D. They must be delivered only upon receiving a check for the initial investment amount from the client

Farmland Corporation issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the company redeemed the bonds at 99. Prepare the entry to record the redemption of the bonds

Answers

Answer:

Please see journal entries below

Explanation:

The entries below are made in the books of Farmland Corporation, the issuer of the bond.

Upon redemption, journal entries would be as follows.

Debit: Bond Account $396,000 (cash paid to bond investors)

Credit: Cash/Bank Account $396,000 (cash paid to bond investors)

Debit: Profit/Loss Account $8,000 (premium paid over carrying value of bond, calculated below: )

Credit: Bond Account $8,000 (premium paid over carrying value)

Premium over carrying value is calculated as follows:

Redemption value - carrying value

= [tex](\frac{redemption price}{carrying price} *face value) - carrying value[/tex]

=[tex](\frac{99}{100} *$400,000) - $388,000[/tex]

= $396,000 - $388,000

= $8,000

Based on the value of the bonds and the carrying value, the entry to record the redemption of the bonds is:

Date                Account Title                                      Debit                 Credit

                     Bonds Payable                                   $400,000

                     Loss on bond retirement                   $    8,000

                     Discount on bond payable                                        $12,000

                     Cash                                                                          $396,000

What is the entry for the redemption?

The bond payable account will be debited by the face value of $400,000.

The cash account will be credited by the redemption value of:

= 400,000 x 0.99

= $396,000

The discount on bond payable is:

= 400,000 - 388,000

= $12,000

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Artemisia Gentileschi, Self-Portrait as the Allegory of Painting is a break from the traditional approach to painting self-portraits in almost all Renaissance and Baroque self-portraits because she portrays herself from _________________ and not from ____________. a. her left side; a frontal view b. a frontal view; her left side c. a frontal view; her right side d. her left side: a back view

Answers

Answer:

She portrays herself from a frontal view and not from her right side.

Explanation:

Artemisia Gentileschi was a famous artist in the Baroque painting. She born in Rome, Italy. The Self-Portrait as the Allegory of Painting is also known as the La Pittura in which she has depicted herself. This painting is a break from the traditional approach to painting self-portraits in almost all Renaissance and Baroque self-portraits because she portrays herself from a frontal view and not from the her right.Her other famous work include "Madonna and Child, Susanna and the Elders and Judith Slaying Holofernes."

Final answer:

Artemisia Gentileschi's self-portrait breaks from tradition by depicting herself from a frontal view, unlike the typical right-side view from Renaissance and Baroque eras.

Explanation:

Artemisia Gentileschi's Self-Portrait as the Allegory of Painting is a deviation from the norm of Renaissance and Baroque self-portraiture because she depicts herself from a frontal view; not from her right side. This choice of representation showcases her as a dynamic and influential female artist in a period when women seldom held paid jobs outside the home. In her portrait, Gentileschi emphasizes her dedication to her craft, holding a brush to symbolize her work as a painter. Her arm creates a dramatic diagonal composition, with the foreshortened arm adding a three-dimensional effect. The portrait also highlights her artistic skills with its realistic textures and the representation of divine frenzy in her unruly hair.

according to the law of supply if the price of apple juice rises producers of apple juice will be willing and able to.

Answers

Answer:

Increases the Quantity Supply of apple juice.

Explanation:

According to the law of supply, there is a positive relationship between the price of the good and the quantity supply of that good.

If the price of a particular good increases then as a result the quantity supplied of that good also increases because it will become more profitable for the producers to supply more quantity of goods.

Hence, if the price of apple juice increases then as a result the producers are willing and able to supply more quantity of apple juice.

You are thinking about buying a new car and will borrow $20,000 for this purchase at a 5 percent fixed rate for exactly one year. The lender (correctly) assumes that inflation will be 2 percent this year. Based on the above information and assuming you adhere to the terms of the loan, you will pay back the lender exactly ________, which will represent ________ of purchasing power.

Answers

Answer:

You will pay back the lender exactly $21,000, which will represent $20,600 of purchasing power.

Explanation:

you will pay back the lender exactly $21,000, which will represent $20,600 of purchasing power.

$20,000 for this purchase at a 5 percent fixed rate

=$20,000*5/100

=$20,000*0.05 = $1,000

=$20,000 + $1,000 = $21,000

Inflation will be 2 percent this year

=$20,000*2/100

=$20,000*0.02 = $400

=$20,000 + ($1,000 - $400)

=$20,000 + $600 = $20,600

Candice wants to buy a $2500 scooter with a loan from her local bank. Which loan option would be best for Candice if she wants the lowest interest rate and wants to pay off the scooter within 5 years.
A. Loan option 1 will take less than 4 years to pay off and have an annual interest rate of 15%, and total interest of about $700.
B. Loan option 2 will take 3 years to pay off, at which point she will have paid $1,050 in interest.
C. Loan option 3 will take 7 years to pay off, and the total paid for the scooter will be $3200.
D. Loan option 4 will take 5 years to pay off, and the total paid for the scooter will be $3500.

Answers

Answer:

A. Loan option 1 will take less than 4 years to pay off and have an annual interest rate of 15%, and total interest of about $700.

Explanation:

A. option 1 will take around four years and total interest over four years is $700.

Interest cost per year=700/4=$175

B. option 2 will take  three years and total interest over three years is $1050

Interest cost per year=1050/3=$350

C. option will take seven years and total interest over seven years is $700(3200-2500)

interest cost per year=700/7=$100

D. option 4 will take five years and total interest over five years is $1000(3500-2500)

interest cost per year=1000/5=$200

So the Candice will avail A. option 1 which give lowest interest rate and also the payment in option 1 has to be made within 4 years.

Answer:

answer is A

Explanation:

The town of Fairness has a law that says that wages should be high enough to ensure that all people can afford to buy enough food to feed their families. The law that sets food prices low enough to meet these requirements would be an example of a:

A. minimum wage law.

B. black market price.

C. price ceiling.

D. price floor.

Answers

Answer: (C) Price ceiling

Explanation:

The price ceiling is mainly occur due to the increase in the price of the various types of products and the services.

The main purpose of the price ceiling is that it restrict or control the price that the merchant are charging very high charge for the goods and the services in an organization.

The price ceiling is manly use by the government for protecting the extra charge on the price of products to the customers.

According to the given situation, the law which sets the process of the foods or the products low this is the example of a price ceiling.

Therefore, Option (C) is correct.    

To maximize profits a firm will employ workers up to the point at which for the last worker employed:

Answers

Answer:

The correct answer is: point at which the marginal labor costs equal the marginal revenue generated for the firm from that last worker employed.

Explanation:

To begin with, in neoclassical microeconomics, the marginal revenue productivity theory of wages establish that companies will employ workers up to the point at which for the last worker employed the marginal revenue product of labor equals the real wage that will be paid to the worker in where if the marginal revenue that the last worker brings is less than the wage rate then it will cause a decrease in the profits to keep employing that last worker and the correct action will be to fired him.

Which of the following channels of communication is low in planning, is used for team meetings, and is a richer form of interacting than conference calls but typically requires more expensive equipment and careful scheduling?
a) video conferencesb) textingc) phone conversationd) emaile) blogging

Answers

Answer: Video Conference

Explanation:

A video conference is the best fit for the communication method described in the question.

A video conference also known as video-telephony is method of communication where individuals at different locations can communicate with theirselves in sound and audio at the same point in time.

Video conference is made possible with the use of modern technological gadgets connected to the internet by members of the conference.

This technique is an iterative process that identifies and defines the work to be completely accomplished in the near term, and plans the future work at a higher level.
a. Agile
b. Rolling wave planning.
c. Traceability
d. Decomposition.

Answers

The answer is C) traceability

1. a subtraction net pay
2. pay that includes overtime, commissions, and bonuses before any deductions exempt
3. the portion the employee takes home withholding allowance
4. free from deduction deduction
5. an amount entered on the W-4 form that tells the employer the amount of income tax to subtract from an employee's paycheck gross pay

Answers

Subtraction net pay is the amount that is entered in the W-4 form and that tell the employer the amount of income tax that must be subtracted from an employee's paycheck gross pay

Explanation:

The amount that one receives after the taxes and the amount from the deductions and the final amount that is received on hand is called as the net pay. The subtracted net pay is the pay after the subtraction from the employers pay check and the gross pay

The gross pay is usually calculated by subtracting the federal tax and the social tax and the security taxes and the net pay amount ill be always lesser than the gross pay amount because it is the final amount that will be received

Answer:

1 - commission -- a fee paid to an employee for their sale or services usually based on a percentage of the sale price

2 - gross pay -- an employee’s total pay, including overtime pay, commissions, and bonuses before any deductions were made

3 - net pay -- the amount that appears on the paycheck

4 - exempt -- free from deducting federal income tax from paychecks

5 - withholding allowance -- an amount an individual enters on the W-4 form that helps an employer calculate the amount of income tax to subtract from an employee’s paycheck

6 - deduction -- an amount that is taken out of your paycheck to be sent to the federal government or Social Security

7 - revenue --  the income that a business earns through sales

This is my best attempt from googling for 20 minutes for the ones i didn't already know from having a job. Pretty sure they're all right but if not don't hate me.

Crane Company is planning to sell 870000 units for $1.50 per unit. The contribution margin ratio is 20%. If Crane will break even at this level of sales, what are the fixed costs?

Answers

Answer:

Crane Company is planning to sell 870000 units for $1.50 per unit. The contribution margin ratio is 20%. If Crane will break even at this level of sales, what are the fixed costs?

$261,000 would be the fixed cost

Explanation:

870000 X $1.50= $1,305,000

20/100= 0.2

0.2 X 1,305,000= $261, 000

Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten worse, so she brings in several young workers and begins to teach them how to weave her images. Which factor of production did Passerine enhance?1. Capital2. Entrepreneurship3. Labor4. Land

Answers

Answer:

Labor

Explanation:

There are four factors of production that include land capital entrepreneurship and labor. They are the inputs in production. Labor involves the contribution of human beings by providing skills, time, and energy in output generation.

By employing young workers, Passerine is adding labor into the business. The young workers will acquire skills useful in the production process. They will spend their time and energy working for Passerine, who will compensate them by paying them wages.

Final answer:

Passerine enhances the labor factor of production by teaching new workers how to weave, thereby investing in human capital and increasing her shop’s labor resources.

Explanation:

Passerine, by bringing in young workers and teaching them the process of weaving historical images for the tourism industry, is enhancing the labor factor of production. Labor refers to the human effort that is used in the creation of goods and services. In this case, Passerine is teaching new workers her craft, thereby increasing her shop's labor resources and potentially its labor productivity as well. This training can improve the skills and efficiency of her workers, which is critical as her ability to weave is impeded by arthritis.

Suppose that Jay-Z and Beyonce are duopolists in the music industry. In January, they agree to work 47. ether as a monopolist, charging the monopoly price for their music and producing the monopoly quantity of songs. By February, each singer is considering breaking the agreement. What would you expect to happen next?

A. Jay-Z and Beyonce will determine that it is in each singer's best self interest to maintain the agreement
B.Jay-Z and Beyonce will each break the agreement. The new equilibrium quantity of songs will increase, and the new equilibrium price will decrease.
C. Jay-Z and Beyonce will each break the agreement. The new equilibrium quantity of songs will decrease, and the new equilibrium price will increase.
D. Jay-Z and Beyonce will cach break the agreement. The new equilibrium quantity of songs will increase, and the new equilibrium price also will increase.

Answers

Answer:

B) Jay-Z and Beyonce will each break the agreement. The new equilibrium quantity of songs will increase, and the new equilibrium price will decrease.

Explanation:

A duopoly (two suppliers have dominant control over a market) is not the best possible scenario, it is actually he second worst possible scenario after a monopoly. Whenever a monopoly breaks, customers will end up winning because competition will increase (at least a little bit) therefore increasing and diversifying supply and decreasing the price of the goods or services.

Final answer:

Economically, it would be expected for Jay-Z and Beyonce to each break the duopolist agreement, increasing the supply of music, thereby decreasing the price and increasing the equilibrium quantity of songs.

Explanation:

This question pertains to economics, more specifically, the theory of duopolists.

One can picture a duopoly as a model of strategic decision making where two entities control a market. In this scenario, Jay-Z and Beyonce have formed a combined monopoly; however, each may then find it advantageous to break the agreement.

Putting it into typical economic perspective, the most logical answer would be B. If Jay-Z and Beyonce were each to break the agreement, this would result in an increased supply of music. According to basic economic principles, an increase in supply, under constant demand, will cause a decrease in the equilibrium price, hence, leading to an increase in the equilibrium quantity of songs, which supports the argument for option B.

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Bank statements, credit statements, and records of cash expenses help you to estimate your ________.1.credit score2.emergency fund needs3.expenses4.available investments

Answers

Answer:

4. Available investments

Explanation:

To enable me estimate my available investments, I need my bank statements, credit statements and record of cash expenses

Final answer:

Bank statements, credit card statements, and cash expense records help you estimate your expenses by providing a record of your monthly spending. Hence the correct option is (3).

Explanation:

Bank statements, credit card statements, and records of cash expenses are all important pieces of financial information that help you to estimate and track your expenses. These documents serve as a record of your spending, allowing you to see where your money goes each month.

This information can be essential for creating a budget, planning for the future, and managing your finances effectively. The total of all the expenses reflected in these documents will be your total monthly expenses. This amount includes things like bills, food, entertainment, and any other things you may spend money on.

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________ issues participation certificates, and ________ provides federal insurance for participation certificates
1. Freddie Mac; no one2. Ginnie Mae; Ginnie Mae3. Freddie Mac; Ginnie Mae4. Freddie Mac; Freddie Mac5. Ginnie Mae; Freddie Mac

Answers

Answer:

4

Explanation:

Freddie Mac issues and guarantees Mortgage Participation Certificates.

Ginnie Mae is responsible for both issuing and providing federal insurance for participation certificates in the secondary mortgage market. Freddie Mac, while similarly involved in purchasing mortgages, does not offer federal insurance for the certificates it issues.

Federal Insurance for Participation Certificates

The correct answer to the question is: Ginnie Mae issues participation certificates, and Ginnie Mae provides federal insurance for participation certificates. Both the issuance and the federal insurance of these financial instruments are within the scope of Ginnie Mae's operations. In contrast, while Freddie Mac plays a significant role in the secondary mortgage market by buying mortgages from banks, it is not responsible for providing federal insurance to the participation certificates it issues, which is a distinctive feature of Ginnie Mae.

Understanding the functions of these government-sponsored enterprises (GSEs) is essential to comprehending their impact on the mortgage market. Freddie Mac, alongside Fannie Mae, purchases mortgages, packages them into mortgage-backed securities, and ensures that lenders have a continuous supply of mortgage funds. Ginnie Mae, meanwhile, guarantees investors the timely payment of principal and interest on mortgage-backed securities that bear its guarantee, providing a level of security attractive to investors and contributing to low interest rates on the mortgages it guarantees.

A major objective of written representations is to

a. Shift responsibility for financial statements from the management to auditors.
b. Provide a substitute source of audit evidence for substantive procedures that auditors would otherwise perform.
c. Provide management an opportunity to make assertions about the quantity and valuation of the physical inventory.
d. Impress on management its ultimate responsibility for the financial statements and disclosures.

Answers

Answer:

option D - Impress on management its ultimate responsibility for the financial statements and disclosures.

Explanation:

Correct answer is option D:

The written representations  are  written statements made by management team explaining about the distinct  topics  and  also  used as  audit evidence.

This  document  taken as supporting document which is used to confirm other audit. The auditor managed the list of representation to be signed  by client.

Which of the following is a Theory X assumption?
A) The average human being inherently dis-likes work
B) The average human being does not inherently dis-like work
C) The average human being learns, under proper conditions, not only to accept but also to seek responsibility
D) External control and the threat of punishment are not the only means of motivating people to achieve organizational objectives

Answers

Answer: The average human being inherently dis-likes work

Explanation:

Theory X assumes that workers dislikes work and that for workers to effectively deliver on their work they need to be seriously supervised by their superiors or employers. The employer or managers in the theory X makes use of either rewards or punishments to control workers behavior.

Final answer:

Theory X assumes that the average human being inherently dislikes work and needs to be motivated through external control and punishments.

Explanation:

A Theory X assumption is that the average human being inherently dislikes work. This theory suggests that people are lazy and need to be motivated through external control and punishments. In contrast, Theory Y assumes that the average human being does not inherently dislike work and can be self-motivated.

Therefore, the correct answer is option A) The average human being inherently dislikes work.

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During the short run, the demand curves for most products tend to be: a. more volatile. b. more elastic. c. more inelastic. d. more erratic.

Answers

Answer:

C- more inelastic

Explanation:

The tend to be more inelastic( low = less than 1) because people tend to buy even if the price go up because they are use to buying it out of habit

Check My Work ​Consider two countries that trade with each other, called X and Y. According to the text, inflation in Country X will have a greater impact on inflation in Country Y under the ____ system. Now, consider two other countries that trade with each other, called A and B. Unemployment in Country A will have a greater impact on unemployment in Country B under the ____ system.

Answers

Answer:

fixed exchange ratefixed exchange rate

Explanation:

Some of the major disadvantages of fixed exchange rates are:

Under-valued or over-valued currencies cannot be adjusted.  The adjustments on interest rates have a limited effect on economic growth. A lot of reserves are needed to support the currency's fixed rate.

Due to the previously stated disadvantages, when the exchange rates between trading countries are fixed, both inflation and unemployment rates of one country will have a significant effect on the other country.

Which of the following sequences correctly represents the flow of electrons during photosynthesis?A. NADPH -> O2 -> CO2B. H2O -> NADPH -> Calvin cycleC. NADPH -> chlorophyll -> Calvin cycleD. H2O -> photosystem I -> photosystem IIE. NADPH -> electron transport chain -> O2

Answers

Answer and Explanation:

B. H2O -> NADPH -> Calvin cycle

The Highway Transportation System (HTS) is a complex integrated system consisting of ______, vehicles, and people.

Answers

Answer:

Roadways

Explanation:

The Highway Transportation System (HTS) by definition "is a complex integrated system consisting of roadways, vehicles, and people"

The basic purpose of the HTS is to "move people and cargo from one place to another in a safe and efficient manner".

And is important to remember that users and drivers who use the HTS are the most important elements in order to be sure the HTS is safe and efficient.

Usually the system stops when we have Collisions and traffic jams.

The Highway Transportation System (HTS) is a complex integrated system consisting of infrastructure, vehicles, and people.

The term "Highway Transportation System" (HTS) refers to the system of public highways, transportation hubs, vehicles, and people involved in the movement of people and commodities on those roads. It is a complete system that consists of a number of components that work together to provide safe and effective transportation. The physical components of the HTS, such as roads, highways, bridges, tunnels, traffic signals, signage, and other supporting structures, are referred to as the infrastructure component.

Vehicles are a crucial component of the HTS and refer to the many travel modes, such as cars, trucks, motorbikes, buses, bicycles, and other motorized or non-motorized modes of transportation.

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