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 87 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
Great answer, keep it coming :)


ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library