The bank reconciliation uncovered a transposition error in the books. This is an example of a
a. preventive control
b. detective control
c. corrective control
d. none of the above
B
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If the company has an _________ from a client, then the client has an ________ to the company
a. account receivable; account receivable b. account payable; account payable c. account receivable; account payable d. account payable; account receivable
Indicate whether each of the following statements is true or false.The Selling and Administrative Expense (S&A) budget includes depreciation expense, which is based on projections from the capital expenditures budget.Interest expense on the S&A budget is based on borrowing projections shown in the cash budget.The schedule of cash payments for selling and administrative expenses includes the amount of depreciation expense for the period.A pro forma financial statement could be described as a budgeted financial statement.Pro forma financial statements include amounts drawn from the sales budget, the inventory purchases budget, the S&A budget, and the cash budget.
What will be an ideal response?
Which of the following dictates overall business objectives?
A) the broad environment in which the business operates B) public relations strategies C) public relations programs D) marketing and advertising strategies
At the beginning of the 20th century, the world had 1.7 billion people. By 2050, that number is expected to surge to 9.5 billion. What contributing factor has led to this growth?
a. More people have decided to become parents. b. People have been incentivized to have more children by their country. *c. There have been advances in health and sanitation. d. none of the above