Business

Select the correct answer. Read this excerpt from a policy document that informs employees about payroll procedures: A) Each employee will submit a completed time sheet that shows the number of hours worked, sick time, and any vacation time taken. B) Managers must review each time sheet for accuracy and then sign it. The project director will then approve and sign each time sheet. C) If the company cant directly deposit pay into employees bank accounts, the company will distribute payroll checks by 5 p.m. on the first Monday after the two-week pay period has ended. (D) The company will deduct taxes and benefits from pay. In which scenario would the company need to refer to the policy document?
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Rachel's Recordings reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts were $8,500 and $28,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be: ____________a. $240,000. b. $250,500. c. $256,500. d. $223,500.
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Identify the type of social responsibility discussed in the case with regard toresponsibility towards the environment. Explain with reason.
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StayWell Health Insurance is offering a plan with a monthly premium of $240, a deductible of $6500, and maximum out-of-pocket expenses of $10,000. Which of the following people is that plan BEST suited for? *
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One of the benefits to lenders from the secondary mortgage markets is that they tend to raise the interest rate charged to borrowers. Group of answer choices True False
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At a new client meeting, the outside CPA learns the following:1. The recently fired bookkeeper has been discovered as embezzling over $100,000, but the full amount is not yet quantified. The tax preparer was related to the bookkeeper.2. There is a foreign entity (China) company and the books and records are not translated. It is unclear as to whether it is owned by the owner or the corporation.3. The staffing is light and the human resources person is doing the billing and the payroll. There are no management concerns with this person.4. There is a $1 million line of credit for the company with a major bank.5. The company uses an add-on to QuickBooks for the time and billing (services company) and QuickBooks for the general ledger.6. The reimbursement policy is nonconforming to the IRS rules.7. There are three unrelated owners that are all engineers by training.As an Outside CPA/Auditor:I. As the outside CPA, what ethical obligations to you have to the professional for taking an assignment like this? Specifically, what type of work is possible? II. What threats are posed to the outside CPA? III. What safeguards can be applied at the outside CPA level? IV. How should the China business be dealt with?V. What obligations do you have for the potential tax issues? How would you document or discuss these issues?As the newly hired CPA/controller for the same company above:I. If you work to work for the company as the CPA controller, what threats do you see on the onset? II. What safeguards can you put in place? III. How would you handle the remaining staff?IV. If the human resources staff has been working well at the job, then what is the harm of letting the payroll remain with HR? V. What would you insist be in your employment agreement?
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Post Oak Mall contains two department stores, numerous specialty stores, a movies theater, and various restaurants. Since it does not contain any convenience stores, Post Oak Mall is an example of a(n) _____ shopping center.
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2. Read the following data from Maria's personal monthly bank statement and answer the questions that follow:Rent: $850Groceries: $276.89Public transportation: $45Utilities: $135.24Entertainment: $150.26a. Enter Marias data into a spreadsheet program. Be sure to include proper headings.b. Maria would like an efficient way to analyze how she spent her money this month. Using the spreadsheet program, create a bar graph representation of her monthly expenses. Briefly describe how you create the bar graph. c. Based in the bar graph representation, what is one thing you would recommend to Maria in the future?
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benefits of public corporations in kenya
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your company is manufacturing a new product , you need to establish a product quality control process. what are three things you must do to create/ establish. your product quality control process? (choose 3). 1.) developing the product website and social media campaign ? 2.) setting up your test market strategy ? 3.) review the results of internal quality assurance testing ? 4.) establish the method to use or testing product quality ? 5.) determine what standards have to be met based on the product and industry ? 6.) publish your test results in a popular professional journal?
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A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the couple has saved $35,000, what is the most expensive home the couple can afford to buy? a. $63,000 b. $140,000 c. $175,000 d. $210,000 Please select the best answer from the choices provided A B C D.
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Crane Company estimates that unit sales will be 8,000 in quarter 1, 11,200 in quarter 2, 12,000 in quarter 3, and 14,400 in quarter 4. Using a unit selling price of $68 per unit. Prepare the sales budget by quarters for the year ending December 31, 2022.
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Liquidity is a characteristic of money.What is the definition of liquidity?A. how quickly the money is spentB. the availability of money for conversion intocurrencyC. how much interest the money earns per year
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What is working capital?
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intercropping vegetable farming is beneficial in many ways explain
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what is the expected return for a stock that has a beta of 1.4, if the risk-free rate is 5% and the market rate of return is 10%?
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- identify changes and trends as a source of new enterprise ideas
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If unemployed workers decide to stop looking for a job and instead enroll in further education, how will the number of employed workers and the unemployment rate change
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A company buys electronic components, assembles them into PCs, and then ships them to customers. In this case the electronic components are _____ for the company.
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Help me please With one worker, total production is 100. When a second worker is added, total product increases to 300. The marginal product of the second worker is .???100.200.400.300.
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Owing to his impulsive buying habits, Ronnie's unpaid credit card balances pile up to $9,000. As Ronnie does not have enough money to clear his bills, he is in a deep financial crisis. In this scenario, the first step that Ronnie should take is to:
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IRAC BriefingCATE v. DOVER What did the warranty section of the contract provide?What type of warranty was involved in this case?What is the issue in the case?In whose favor did the court rule?
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1. Cedric enters into a contract with Claudia to buy her house for $150,000. Claudia decides later not to sellbecause she is so emotionally attached to the house. Cedric insists that he is entitled to the house. Cedric cansuccessfully sue for specific performance.
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6. Which of the following could cause a change in the demand curve?A. There is a change in price.B. There is a change in quantity.C. There is a change in the population consuming the good.D. None of the above.
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