This topic contains a solution. Click here to go to the answer

Author Question: From the standpoint of achieving the operations system control goal of security of resources, which ... (Read 85 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
From the standpoint of achieving the operations system control goal of security of resources, which of the following segregation of duties possibilities is least important?
 a. between systems programming and computer operations
  b. between data control and data preparation personnel
  c. between systems development and computer operators
  d. between technical services and data center

Question 2

On July 31, the accountant for Team Shirts was reviewing items related to accounts receivable. The following information was gathered for July:
 
  a. The beginning balance in the Allowance for uncollectible accounts was (600).
  b. An account receivable owed by a customer in England for 250 U.S. dollars was determined to be uncollectible.
  c. Credit sales for July were 12,000. The accountant for Team Shirts estimated that 4 of the sales would eventually be uncollectible.
 
  What is the amount of bad debts expense for July? What will be the ending balance in the Allowance for uncollectible accounts?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

B

Answer to Question 2

Bad debts expense = 480 (=12,000 x 4). The ending balance in the Allowance for uncollectible accounts = (830) (=(600) + 250 + (480)).




sabina

  • Member
  • Posts: 563
Reply 2 on: Jul 5, 2018
:D TYSM


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library