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dlinn [17]
2 years ago
15

Which of the following is not a good example of how accountants might use data analytics to help evaluate estimates used to valu

e financial statement accounts?
O Evaluate the likelihood and level of expected warranty claims.
O Analyze the order entry process for online customers.
O Estimate the collectibility of accounts receivable balances.
O Assess property, plant & equipment values based on current comparable prices.
O None of the above
Business
1 answer:
Tcecarenko [31]2 years ago
7 0

Answer:

The answer is option (D) Assess property, plant & equipment values based on current comparable prices.

Explanation:

From the given question, Evaluating the likelihood and level of expected warranty claims or Estimating the collectibility of accounts receivable balances is is not a good example for analytics and financial statements.

Therefore, the best example from the given options is assess property, plant, and equipment values based on current comparable prices for analytics and financial statements.

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Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. S
Tresset [83]

Answer:

c. She should pay with a credit card.

Explanation:

Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.

Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.

Later she can check her account details and make payments to the bank as per requirement.

8 0
2 years ago
Which of these protects customers who purchase defective products? A. A boycott B. A warranty C. Shopper's insurance D. Mediatio
Tomtit [17]

Answer:

Explanation:

If there is a warranty, that will be a shoppers protection providing it is not a recall situation. Shopper's Insurance in Canada at least, does not exist.

Unless it is a class action suit, there is no need for mediation.

Boycotts are generally not used in the situation you have described.

8 0
2 years ago
Country Breads uses specialized ovens to bake its bread. One oven costs $249,000 and lasts about 15 years before it needs to be
Svetradugi [14.3K]

Answer:

The equivalent annual cost of an oven is (A) -$74.839.43

Explanation:

Hi

<u>Known Data</u>

Operating cost=OC=\$34,300,n=15, VP=\$249,000 and i=14\%

<u>Computing total cost per year</u>

We are going to use the formula below with the known data.

A=\frac{VP}{\frac{1-(1+i)^{-n}}{i} } =\frac{249000}{\frac{1-(1+0.14)^{-15}}{0.14} }=40539.43. Then this is the fixed amortization cost per year.

Finally, we sum the fixed amortization cost per year and the operating cost:

Total cost per year=TCPY=A+OC=\$40,539.43+\$34,300=\$74,839.43, therefore the answer is  (A) -$74.839.43

3 0
2 years ago
Gwendolyn Hunt was driving while intoxicated when she hit and killed Felicia Meyers, a seven- year-old, in a school crosswalk. G
BigorU [14]
<span>A major difference between juvenile and adult courts is that juvenile courts are more likely to consider extenuating circumstances (emotional, mental, situational, etc.). Frequently, young people will only be moved to adult courts if their crime was particularly heinous, a history of rehabilitation services have not improved the situation, the young person needs a significant about of intervention, or simply that the juvenile is nearly an adult. Though there is evidence of some past intervention on Gwendolyn's behalf, we have no evidence that the crime was planned. Though she was breaking the law and one could say that the possibility of an accident was a logical conclusion, there is (based on this) no evidence that she went out with the intention of hurting or killing someone. Also, given that she is still a minor and at an age when her reasoning abilities are not fully formed, she honestly may not have been able to make that connection. So, no, she should not be tried as an adult. However, she should serve actual time in a center, receiving rehabilitative services and completing community service in order to balance out some of the horror she has brought into the world through the death of a child.</span>
4 0
2 years ago
Refer to Exhibit 3-17. At a price of $16, the quantity demanded of good X is ____________ than the quantity supplied of good X,
il63 [147K]

The answer is (b) Greater,Rise ,toward

Explanation:

Refer to Exhibit 3-17. At a price of $16, the quantity demanded of good X is  <u>Greater </u>than the quantity supplied of good X, and economists would use this information to predict that the price of good X would soon <u>Rise</u> .This would push the price <u>Toward</u> the equilibrium price

The law of Demand states that the price and the supply of the product are inversely related (i.e . ceteris Paribus).

Also an increase in the number of buyers  of a particular product leads to a shift in the demand curve towards the right side

4 0
2 years ago
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