lObjective 6-6) The following are various management assertions (a. through m.)
related to sales and accounts receivable.
Management Assertion
a. Recorded sales transactions have occurred.
b. There are no liens or other restrictions on accounts receivable.
c. All sales transactions have been recorded.
d. Receivables are appropriately classified as to trade and other receivables in the financial statements and are clearly described.
e. Sales transactions have been recorded in the proper period.
f. Accounts receivable are recorded at the correct amounts.
g. Sales transactions have been recorded in the appropriate accounts.
h. All required disclosures about sales and receivables have been made.
i. All accounts receivable have been recorded.
j. Disclosures related to receivables are at the correct amounts.
k. Sales transactions have been recorded at the correct amounts.
1. Recorded accounts receivable exist.
m. Disclosures related to sales and receivables relate to the entity.
a. Explain the differences among management assertions about classes of transactions and events, management assertions about account balances, and management assertions about presentation and disclosure.
b. For each assertion, indicate whether it is an assertion about classes of transactions and events, an assertion about account balances, or an assertion about presentation and disclosure.
c. Indicate the name of the assertion made by management. (Hint: See Table 6-2)
Answers
The management assertions for the given parts is explains below.
What is assertion?
Management assertions are statements made about specific elements of a business by members of management. The idea is mainly applied to the auditing of financial statements of a company, where the auditors rely on various business assertions.
Consider, the following.
(a) Recorded sales transactions have been recorded
Category of management. Classes of transactions
Name of assertion. . Occurance
(b) There are no lines are other restrictions in accounts receivable
Category of management. Account balances
Name of assertion. Rights and obligations.
(c) All sales transactions have been recorded
Category of management. Classes of transactions
Name of assertion. Completeness
(d) Receivables are appropriately classified as to trade and other receivables in the financial statements and are clearly described.
Category of management. Presentation and disclosure
Name of assertion. Classification and understandabilty
(e) sales transactions have been recorded in proper period
Category of management. Classes of transactions.
Name of assertion. Cut off.
(f) Account receivables recorded at correct amounts
Category of management. Account balances
Name of assertion. Valuation and allocation
(g) sales transactions recorded at appropriate accounts
Category of management. Class of transactions
Name of assertion. Classification
(h) All required disclosure about sales and receivables are at recorded amounts
Category of management. Presentation and disclosure
Name of assertion. Completeness
(k) Sales transactions have been recorded at correct amounts
Category of management. Account balances
Name of assertion. Completeness
(L) Recorded accounts receivable exist
Category of management. Account balances.
Name of assertion. Existence
(m) Disclosure related to sales and receivable relate to entity
Category of management. Presentation and disclosure
Name of assertion. Occurance and obligation
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Related Questions
A scuba diver descends farther down into the ocean from an initial depth of 15.2 feet below sea level. The scuba diver descends at a constant rate for 212 minutes and reaches a depth no more than 46.7 feet below sea level.
What is the maximum rate, r, that the scuba diver may descend?
r≥241925
r≤12.6
r≤241925
r≥12.6
Answers
Answer:
r <= 12.6
Step-by-step explanation:
Let's calculate the rate at which he descends:
r = (46.7 - 15.2)/212 = 0.15 feet/minute
2) 3 3/4 x 31 1/8 = m
m=?
If you answer I will rate you 5 stars. Thank you!
Answers
Answer:
m=10263
Step-by-step explanation:
33 ×311 =m
4. 8
264×1244=m
32
328416 =m
32
m=10263 ans
c(x) = 4x + 2 Find c(2)
Answers
c(2) = 8
Step-by-step explanation:Hi there !
c(x) = 4x + 2
replace x = 2
c(2) = 4×2 + 2
= 8 + 2
= 10
Good luck !
OK for real this is a hard only verified experts can do this!!!!
Answers
The numeric value of the exponential expression in this problem is given by the following option:
A. 2^12.
How to obtain the numeric value of the exponential expression?The exponential expression for this problem is defined as follows:
8^x/2^y.
8 is the third power of 2, hence:
8 = 2^3.
When a term is elevated to two of it's powers, the powers are multiplied, hence:
(2^3)^x = 2^(3x).
Meaning that the exponential expression is then written as follows:
8^x/2^y = 2^(3x)/2^y.
When two terms of the same base and different exponents are divided, we keep the base and subtract the exponents, hence the expression is given as follows:
2^(3x)/2^y = 2^(3x - y).
As stated in the problem, the numeric value of the expression 3x - y is given as follows:
3x - y = 12.
Hence the entire expression is simplified as follows:
2^(3x - y) = 2^12.
Meaning that the correct option is given by option A.
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Answer:A. 2^12.
Step-by-step explanation:i did it and got it right
50 Points! Multiple choice algebra question. Photo attached. Which represents the correct synthetic division of (x^2-4x+7) divided by (x-2)? Thank you!
Answers
Option D is the correct synthetic division of (x^2-4x+7) divided by (x-2)
What is the synthetic division?Synthetic division is a shorthand procedure used to divide a polynomial by a linear factor of (x - a) form, in which "a" is constant. This method gives an expedient way to locate the quotient and remainder without carrying out long division.
x - 2 | x^2 - 4x + 7
x^2 - 2x
---------
-2x + 7
-2x + 4
-------
3
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hurry this is a test please answer correctly
Answers
The Answer fam is.............5
TRUE or FALSE. Write the word True if the statement is true, and False if the statement is false
1.If my father and mother have a gene coding for obesity, it is guaranteed that I will be obese.
2.Many factors other than genetics may determine whether a person is obese.
3.It is possible that I will inherit other genes from my parents that counter the obesity genes.
4.Phenotypes are the observable characteristics of an individual.
5.Mutations determine differences in the human genome.
Answers
Answer:
Step-by-sTrue
tep explanation:
Answer:
1: False
2: True
3: True
4: True
5: False
Step-by-step explanation:
two step equations 12=18-d
Answers
Answer:
In this exercise, you need to get d:
12 = 18 - d
What we can do is substracting 18 in both sides:
12 - 18 = 18 - 18 - d
-6 = -d
And then, we can say that d = 6..
The graph of y=f(x) is graphed below. What is the end behavior of f(x)? Please need help, need by TONIGHT!!!
Answers
Step-by-step explanation:
if x→+∞, then y→-∞ [increasing];
if x→-∞, then y→+∞ [decreasing].
Find parametric equations for the tangent line to the curve with the given parametric equations at the specified point. x = e−7t cos(6t), y = e−7t sin(6t), z = e−7t; (1, 0, 1)
Answers
The parametric equations for the tangent line to the curve at the given point are x = 1 - 7e−7cos(6)t + 6e−7sin(6)t, y = -7e−7sin(6)t - 6e−7cos(6)t, and z = 1 - 7e−7t.
The given parametric equations are x = e−7t cos(6t), y = e−7t sin(6t), z = e−7t, and the point is (1, 0, 1).
We can find the tangent line in two steps. First, we'll find the slope at the given point (1, 0, 1). Second, we'll use the point-slope form of a line equation to find the equation of the tangent line.
At the given location, determine the slope.
We can find the slope by taking the partial derivative of each coordinate with respect to t.
∂x/∂t = -7e−7tcos(6t) + 6e−7tsin(6t)
∂y/∂t = -7e−7tsin(6t) - 6e−7tcos(6t)
∂z/∂t = -7e−7t
Evaluating these derivatives at t = 1, we find:
∂x/∂t = -7e−7cos(6) + 6e−7sin(6)
∂y/∂t = -7e−7sin(6) - 6e−7cos(6)
∂z/∂t = -7e−7
At the given point, x = 1, y = 0, and z = 1.
Thus, the slope of the tangent line is:
m = (∂x/∂t, ∂y/∂t, ∂z/∂t) = (-7e−7cos(6) + 6e−7sin(6), -7e−7sin(6) - 6e−7cos(6), -7e−7)
Use the point-slope form of a line equation to find the equation of the tangent line.
The point-slope form of a line equation is:
r(t) = r₀ + m*t
Where r₀ is the point and m is the slope.
Thus, the equation of the tangent line is:
r(t) = (1, 0, 1) + (-7e−7cos(6) + 6e−7sin(6), -7e−7sin(6) - 6e−7cos(6), -7e−7)*t
Simplifying, we find:
x = 1 - 7e−7cos(6)t + 6e−7sin(6)t
y = -7e−7sin(6)t - 6e−7cos(6)t
z = 1 - 7e−7t
Therefore, the parametric equations for the tangent line to the curve at the given point are x = 1 - 7e−7cos(6)t + 6e−7sin(6)t, y = -7e−7sin(6)t - 6e−7cos(6)t, and z = 1 - 7e−7t.
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The parametric equations for the tangent line to the curve with the given parametric equations at the point (1,0,1) are:
x = 1 + e^-7t * (-7cos(6t) + 6sin(6t))
y = e^-7t * (-7sin(6t) - 6cos(6t))
z = e^-7t
The tangent line at a given point on a curve is a line that is locally closest to the curve at that point. To find the tangent line, we need to first find the derivative of the curve at the given point and then use it to find the slope of the tangent line. In this case, the given curve is a parametric equation and we can find the partial derivatives with respect to the parameter t.
Next, we use the partial derivatives to calculate the slope of the tangent line at the given point. Finally, we use the slope and the given point to write the parametric equations of the tangent line.
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The value of a coin in 2010 was $40. The value of the coin has increased in value at a rate of 16.9% annually.
What was the value of the coin in 2019?
Enter your answer in the box rounded to the nearest dollar.
Answers
The value of the coin in 2019 would be approximately $132.
To calculate the value of the coin in 2019, we need to consider the annual increase rate of 16.9% from 2010 to 2019. We can use the compound interest formula to find the final value.
Starting with the initial value of $40 in 2010, we can calculate the value in 2019 as follows:
Value in 2019 = Initial value * (1 + Rate)^n
where Rate is the annual increase rate and n is the number of years between 2010 and 2019.
Plugging in the values:
Value in 2019 = $40 * (1 + 0.169)^9
Value in 2019 ≈ $40 * 2.996
Value in 2019 ≈ $119.84
Rounding the value to the nearest dollar, we get approximately $120. Therefore, the value of the coin in 2019 would be approximately $120.
However, please note that the exact value may vary depending on the specific compounding method and rounding conventions used.
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5 + 2(x – 3) = 3(x - 1)
I need the answer for this one plz
Answers
Answer:
2
Step-by-step explanation:
5 + 2(x – 3) = 3(x - 1)
5+2x-6=3x-3
-1+2x=3x-3
-1+3=3x-2x
2=x
A function is represented by the graph.
Complete the statement by selecting from the drop-down menu.
The y-intercept of the function y = 2x + 1 is
Choose... greater than, less than, or equal to
the y-intercept of the function represented in the graph.
A graph with a line running through point (-3, -1) and point (6, 5)
Answers
The y-intercept is the point of (0,y) thus y-intercept of y = 2x + 1 is 1 and it is equal to the given graph of the function.
What is a graph?A graph is a diametrical representation of any function between the dependent and independent variables.
For example y = x² form a parabola now by looking at only the graph we can predict that it has only a positive value irrespective of the interval of x.
As per the given function,
y = 2x + 1
For y-intercept x = 0
y = 2(0) + 1 = 1
Thus, the y-intercept is 1.
In the graph, the line passes the y-axis at y = 1.
Hence "The y-intercept is the point of (0,y) thus y-intercept of y = 2x + 1 is 1 and it is equal to the given graph of the function".
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The given question missing the graph attached below ;
A band expects to put 16 songs on their next CD. The band writes and records
25% more songs than they expect to put on the CD. During the editing process,
10% of the songs are removed. How many songs will there be on the final CD?
There will be __ songs on the final CD
Answers
Answer:
14 songs on the final CD.
Josh filled his gas tank three times last week. Here are the amounts of gas he bought (in gallons).
7,9.84, 13.9
What is the total amount of gas Josh bought last week
Answers
Which equation is equivalent to 2 Superscript 4 x Baseline = 8 Superscript x minus 3?
2 Superscript 4 x Baseline = 2 Superscript 2 x minus 3
2 Superscript 4 x Baseline = 2 Superscript 2 x minus 6
2 Superscript 4 x Baseline = 2 Superscript 3 x minus 3
Answers
The equivalent exponential equations are given as follows:
\(2^{4x} = 2^{3(x - 3)}\)
How to obtain the equivalent exponential expression?The exponential expression for this problem is defined as follows:
\(2^{4x} = 8^{x - 3}\)
The number eight is the third power of 3, that is:
8 = 2³.
The power of a power rule is used when a single base is elevated to multiple exponents.
Then the simplified expression is obtained keeping the base, while the exponents are multiplied.
Meaning that the equivalent expression on the right side of the equality in this problem is given as follows:
\(8^{x - 3} = (2^3)^{x - 3} = 2^{3(x - 3)}\)
Meaning that the correct option is given by the fourth option.
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If x-6= 3, what is the value of x + 2
Answers
Answer:
since X would be equal to 9, x + 2 would be equal to 11
Henry is mixing concrete.To make
concrete he needs to mix cement,
sand and gravel in the ratio 4:3:1 by
weight. Henry needs to make 120 kg
of concrete. He has 65 kg of cement,
40 kg of sand and 15 kg of gravel.
Which ingredient is Henry short of?
Answers
Answer:
Sand
Step-by-step explanation:
120kg = (4 + 3 + 1) units = 8 units
1 unit = 120 ÷ 8 = 15kg
Calculating required quantities:
Cement: 4 units = 4(15) = 60kg
Sand: 3 units = 3(15) = 45kg
Gravel: 1 unit = 1(15) = 15kg
Comparing these values to those given in the question, he is short of sand.
27) Jake tells a joke to 3 people and each of those people tells the joke to 3 more people,
and so on. How many people will hear the joke in the 4th round of jokes told? How
many people will hear the joke in total after the fourth round?
Answers
Answer:
15
Step-by-step explanation:
Answer:
12 people heard the joke?
Step-by-step explanation:
_____ is a variation of ANOVA that allows us to identify and remove the effects of a third variable and increase statistical power.
Select one:
a. Bonferroni
b. ANCOVA
c. MANOVA
d. Factorial ANOVA
Answers
MANOVA is a variation of ANOVA that allows us to identify and remove the effects of a third variable and increase statistical power.
Multivariate ANOVA (MANOVA) extends the capabilities of analysis of variance (ANOVA) by assessing multiple dependent variables simultaneously. ANOVA statistically tests the differences between three or more group means. For example, if we have three different teaching methods and you want to evaluate the average scores for these groups, we can use ANOVA. However, ANOVA does have a drawback. It can assess only one dependent variable at a time. This limitation can be an enormous problem in certain circumstances because it can prevent us from detecting effects that actually exist.
This statistical procedure tests multiple dependent variables at the same time. By doing so, MANOVA can offer several advantages over ANOVA.
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andy’s saving account pays 0.3% more interest then marty’s. martys account earns 200 in interest. how much does interest does andy’s account earn?
1. 200.60
2. 203.00
3. 206.00
4. 230.00
Answers
200.60 interest does andy’s account earn.
Let x be the amount of interest earned by Andy's account.
According to the problem, Andy's account earns 0.3% more interest than Marty's account, which means that Andy's account earns the same amount plus an additional 0.3% of that amount. Mathematically, we can express this as:
x = 200 + 0.3% of 200
Simplifying the right-hand side of the equation, we get:
x = 200 + 0.003 × 200
x = 200.60
Therefore, the answer is option 1: 200.60.
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1. Which statement correctly describes the perpendicular bisector construction below?
Answers
Answer:
option c is correct....
Identify entry B13
Please help
Answers
Answer:
-1
Step-by-step explanation:
The first number indicates the row number and the second number indicates the column number. Therefore B13،That is, the first row and the third column. -1
A matrix is a rectangular array or table of numbers, symbols, or expressions, arranged in rows and columns. -1 is the value of B13.
What is Matrix?A matrix is a rectangular array or table of numbers, symbols, or expressions, arranged in rows and columns.
The given matrix is \(B=\left[\begin{array}{ccc}2&5&-1\\0&-3&8\end{array}\right]\)
We need to find the value of B13.
In B13 the number one represents the row 1 and 3 represents the columns 3.
So the element in B13 position is third element of first row or first element of the third column.
-1 is the third element of first row and first element of the third column
Hence -1 is the B13 of the matrix.
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express 0.8342 as a fraction A: 8342/10 B: 8342/1000 C: 8342/10000
Answers
Answer:
\(\frac{8342}{10000} \\ \)
Answer C is correct
Step-by-step explanation:
\(0.8342 = \frac{8342}{10000} \)
To check whether this correct or wrong.
\(0.8342 \times 10000 = 8342\)
hope this helps
brainliest appreciated
good luck! have a nice day!
The decimal 0.8342 expressed as a fraction is (c) 8342/10000
How to express the decimal 0.8342 as a fraction.From the question, we have the following parameters that can be used in our computation
The decimal 0.8342
Express the decimal 0.8342 as a fraction
So, we have the following representation
Fraction = 8342/10000
When the fraction is simplified, we have
Fraction = 8342/10000
Hence, the decimal 0.8342 as a fraction is (c) 8342/10000
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Please help!
Calculate the circumference of the circle.
Iscm
13 cm
12 cm
1. 20.41 cm
2. 530.66 cm
3. 40.82 cm
4. 37.68 cm
Answers
Answer:
40.82 cm
Step-by-step explanation:
To calculate the circumference, multiply the radius by pi(3.14) by 2 and the radius.
C=2πr
C=2π(6.6)
approximately 40.84
40.82 and 40.84 are very close to one another!
What is the value of A in this equation? sin(53.2°) = cos(A)
(I need this answer ASAP please)
Answers
Answer:
\(A= 35.8\)
Step-by-step explanation:
Given
\(sin(53.2) = cos(A)\)
Required
Find A
In trigonometry
\(sin(\alpha) = cos(\theta)\)
Then
\(\alpha + \theta = 90\)
So, this gives:
\(54.2 + A= 90\)
Make A the subject
\(A= 90-54.2\)
\(A= 35.8\)
6. Rewrite y = √√4x+16 +5 to make it easy to graph using a translation. Describe the graph.
Answers
Answer:
~
Step-by-step explanation:
To make it easier to graph using a translation, we can rewrite the given equation as:
y - 5 = √√4x + 16
This is obtained by subtracting 5 from both sides of the equation.
The graph of the original equation y = √√4x+16 +5 can be obtained by taking the graph of y = √√4x + 16 and shifting it upwards by 5 units. The graph of y = √√4x + 16 is a square root function that has a vertical stretch of 2, a horizontal compression of 4, and a vertical translation of 16 units upwards. So the graph of the given equation y = √√4x+16 +5 will be the same as the graph of y = √√4x + 16, but shifted upwards by 5 units.
simplify (2^5/3^2)^4
A) 2^20 / 3^8
B) 2^9 / 3^8
C) 8^5 / 12^2
D) 2 / 3^2
Answers
work out the value of 16+5/2-1
Answers
Answer:
17.5
Step-by-step explanation:
The answer is 17.5
16+5/2-1
Simply apply BIDMAS
First Division: 5÷2=2.5
Next Addition: 16+3.5=18.5
Finally subtraction: 18.5-1=17.5
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If anyone can help with any of these probability questions, I'll give more points and brainiest!! Idaho Jones regains consciousness and next to her are 4 blodegradable packing peanuts. 5 seconds later each peanut has split in half, and each half grows into a full-size peanut. This repeats in the next 5 seconds. She sees a door with a keypad. A sign next to it has a timer indicating 10 seconds have passed and says the code is the number of peanuts when the timer reaches 100. (After 10 secords there were 16 peanuts.) Idaho realizes she must escape before then or the peanuts could suffocate her. Show how she figures out the code to open the door, and write what the code is
A mans
Idaho gets out and closes the door behind her. She is in a room with one exit, and the lock requires a key. There's a table with a briefcase that is also locked. It has a three-digit combination. The first part of the combination is on a wheel with all 10 digits. The second wheel has only 5 digits, and the third has 3 digits. How many combinations are possible?
150
combinations
The briefcase holds a key and out Idaho goes. She is met by an enchanted skeleton that directs her to a wall where a shelf has room for 5 books. The 5 ancient books are on the floor. She puts them on the shelf, but nothing happens. She realizes they must be put in the correct order. How many attempts will Idaho need to make if she doesn't get it right until her last attempt
Answers
Answer: let me explain!
Step-by-step explanation: So this might seem really confusing at first, but it’s actually suuuuuuper easy :P
So, if you think about it, every five seconds the amount of peanuts…well I don’t know how to explain it but let me show you this with numbers.
(4x2)x2x2x2 and so on. The number multiplies by two every five seconds from there. So figure out how many groups of five second there are in 100 seconds by dividing!
It’s 20!
So since 5 happens 20 times, and every time 5 happens, 2 happens, 2 also happens 20 times! (If that makes any sense)
So that answer would be 8x*twenty twos*
Which is…*drumroll please*
8,388,608
I even double checked!
And for the briefcase skeleton thing
She needs to try it 25 times because there are 5 books and each book can be switched with the other 4 times if the first one doesn’t work, therefore you need to multiply and the equation would be 5^2, or in other words, 25.
Don’t forget ur units!
Hope this helps :P