Why are adjustments often necessary after the reconciliation of a bank account?
Adjustments are necessary because the dollar amount in the company's cash account may differ from the actual amount available to use. Items that cause this difference include services charges the bank deducted from the company's account, interest the bank has added to the company's account, NSF checks returned, and other miscellaneous transfers that may not have been recorded in the company's accounting records.
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A negotiator creates value when he suggests resolutions to a conflict that will satisfy both his interests and the interests of the other party
Indicate whether the statement is true or false.
The beta of a portfolio
A) does not change over time. B) is irrelevant, only the betas of the individual assets are important. C) is the weighted average of the betas of the individual assets in the portfolio. D) is the sum of the betas of all assets in the portfolio.
Firms with a _____ orientation focus on the internal capabilities of the firm rather than on the desires and needs of the marketplace.
A. sales B. production C. market D. customer E. customer-benefit
Clara Hudnall is Conosis Incorporated's payroll accountant. During a casual conversation with coworkers, she learns that Thorben Vinkovic, a coworker, is deliberately overstating the number of hours worked during each pay period because of a personal economic situation. Which ethical guidelines pertain to this situation? What should Clara do with this knowledge?
What will be an ideal response?