choose a real or made up example of a company, and describe at least three fixed costs the company has

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Answer 1

Answer:

Explanation:

The fixed cost remains the fixed it never be changed.

Fixed cost;

It is the cost that should be the same whether the production level increased or not.

If we take an example of dominos, so here the fixed cost could be in form of rent, ovens, refrigerators.

It is the part of the organization expense.


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company a has a beta of 0.70, and company b's beta is 1.20. the required return on the stock market is 11%, and the risk-free rate is 4.25%. what is the difference between a's and b's required rates of return? (hint: first find the market risk premium, and then find the required returns on the stocks.

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Option E, or 3.38%, is the difference between the required rates of return for A and B.

The relationship between systematic risk and expected return for assets, particularly stocks, is known as the Capital Asset Pricing Model (CAPM). The CAPM is frequently used in finance to value risky securities and calculate expected returns for assets based on their risk and cost of capital.

The beta for Company A is 0.70.

The beta for Company B is 1.20.

The required stock market return is 11.00%,

4.25% is the risk-free rate.

A risk premium of 11% minus 4.25% equals 6.75%.

You can input the returns of 8.975% for A and 12.35% for B to find them in the CAPM.

What is the Rate of Return?

The net gain or loss on an investment over a predetermined period of time is known as a rate of return. The initial cost of the investment is used to calculate the rate of return.

Thus, 3.38% is the answer

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mansi inc. is considering a project that has the following cash flow data. what is the project's payback? year 0 1 2 3 cash flows -$650 $300 $325 $350 a. 1.80 years b. 1.95 years c. 1.78 years d. 2.07 years e. 1.66 years

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(d) 2.07 years

As Initial Outlay is 650, it will be recoverd

in between year 2 & 3. Therefore, Payback

Period will be between 2nd and 3rd year.

   Payback Period will be 2 years + proportionate of 3rd year

Payback Pariod = 2+[(650-625)/(975-625)]

   Payback Period = 2.0714 years

Therefore, (d) 2.07 years

What is cash flow data?

An organization's total cash inflows from current activities and outside investment sources are detailed in a cash flow statement. The cash made by the company from operations, investments, and financing is included in the cash flow statement. This total is known as net cash flow. Cash flow from operations, which comprises transactions from all operational company activities, is the first component of the cash flow statement. Investment profits and losses are shown in the second area of the cash flow statement, which is the cash flow from investments. The final element, which summarises the cash utilised from loan and equity, is cash flow from finance.

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To complete the measurement process, companies need to update balances of assets, liabilities, revenues and expenses for changes created by entries. True or false?.

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To complete the measurement process, companies need to update balances of assets, liabilities, revenues, and expenses for changes created by entries.

The statement is true.

An adjusting entry is honestly an adjustment in your books to higher align your revenues, economic statements along with your earnings and charges, typically — however no longer always — on an accrual foundation. Adjusting entries are made at the give up of the accounting length. this could be at the give-up of the month or the stop of the year.

Adjusting entries are important because they ensure that your enterprise activities are correctly recorded and that you aren't paying for charges earlier than they happen. simply put, your economic statements provide correct statistics.

Modifications entries fall beneath 5 categories: gathered revenues, collected prices, unearned sales, pay as you go fees, and depreciation.

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lisa lives next to a vacant plot that belongs to carol. carol has never visited the plot in the last 20 years during which period, lisa has taken care of it by fencing the plot and mowing the grass. if this continues, lisa will be able to claim ownership of land based on: multiple choice a quitclaim deed. adverse possession. easement. fee simple absolute.

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Lisa lives next to a vacant plot that belongs to Carol. Carol has never visited the plot in the last 20 years during which period, Lisa has taken care of it by fencing the plot and mowing the grass. if this continues, Lisa will be able to claim ownership of land based on adverse possession.

Adverse possession, every so often colloquially described as "squatter's rights", is a criminal principle in the Anglo-American not unusual law below which a person who does no longer have criminal title to a chunk of assets generally land (real assets) may additionally accumulate prison possession based on continuous ownership or occupation of the property without the permission of its prison owner. The ownership by means of a person is not unfavorable if they may be in ownership as a tenant or licensee of the felony proprietor.

What's the rule of thumb of adverse possession?

It was determined: “adverse possession lets in a trespasser – a person guilty of a tort, or maybe a crime, in the attention of the regulation – to advantage felony title to land which he has illegally possessed for 12 years.

What are the necessities of adverse possession?

Someone who claims adverse possession have to show: (a) On what date he got here into possession, (b) What became the character of his ownership, (c) Whether the factum of possession become regarded to the opposite party. (d) How lengthy his ownership has persevered, and (e) His possession became open and undisturbed.

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is based on the idea of an insured individual purchasing coverage of a set of benefits, utilizing individual medical services, and paying the healthcare provider for the services rendered while is defined as when - an insured individual pays a fixed, prespecified amount in exchange for services

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Fee for service is built on the notion that an insured person purchases coverage for a number of advantages.

What is an insurance?

A excellent strategy to stop financial loss is through insurance. It is a risk management strategy that is primarily employed to protect against the threat of a potential loss.

A business that offers insurance is known as an underwriter, insurer, insurance firm, or insurance carrier. A policyholder is a person or business that obtains insurance, whereas an insured is a person or thing that the insurance policy protects. Although the words "policyholder" and "insured" are sometimes used interchangeably, they are not always the same because there are some situations in which extra insureds who did not purchase the insurance may be protected.

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some jobs pay a commission plus a bonus at the end of the year. the bonus may be a percent of the salesperson's total commission. madelyn carr is a sales representative for a luxury home builder. she receives 7% commission on all sales. at the end of the year, she receives a bonus of 5% of her commission. what is her gross pay for a year in which she had sales totalling $412,454?

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Some jobs pay a commission plus a bonus at the end of the year. the bonus may be a percent of the salesperson's total commission.

a) If Sales equal $6412454,

Gross Pay equals $471315.369.

Gross Pay equals $30315.369

if Sales are $412454.

c) If sales equal $316250,

gross pay is equal to $23244.375.

This inquiry is straightforward. Madelyn's salary consists of a commission and a bonus. Sales commissions are 7%, while bonuses are 5% of commissions. Therefore:

a) Her gross salary will consist of the following if her sales are $6412454:

Gross Pay is equal to $6412454 x 7% plus ($6412454 x 7%) x 5%.

$448871.78 plus $22443.589 is the gross pay.

$471315.369 is the gross pay.

I'm going to additionally figure out the gross pay for her sales, which comes out to $412454, just in case there's a typo in the question.

Gross Pay = $412454 * 7% + ($412454 * 7%) * 5%.

$28871.78 plus $1443.589 is the gross pay.

= $30315.369 Gross Pay

b) Should she make $316250 in sales,

the following will be included in her gross compensation:

Gross Pay equals $316250 x 7% plus ($316250 x 7%) x 5%.

$22137.5 plus $1106.875 is the gross pay.

$23244.375 is the gross pay.

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in general, the cost and value of your tangible, personal, and real assets tend to with your age, income, and wealth, all other things remaining constant. the value of your financial and liquid assets, on the other hand, tends to be a function of economic conditions and your investment returns.

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It is correct to say that the value of your tangible, personal and real assets tends to be constant with your age, income and wealth. Your financial and liquid assets, on the other hand, tend to be a function of economic conditions and the returns on your investments.

What are tangible, financial and liquid assets?

Tangible assets are those physical goods that you acquire to satisfy a need, such as a car. Financial assets, on the other hand, are related to investments, capable of generating financial returns according to their valuation in the market, such as stocks and bonds.

Liquid assets are those that guarantee the availability of money in a simple way, such as a checking account.

Therefore, it is essential that the individual knows how to manage his assets through financial education to allocate his resources according to his needs and objectives.

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a comprehensive performance measurement tool that reflects the measures critical to the success of the firm's strategy and provides a means for aligning performance measures to the strategy is

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a comprehensive performance measurement tool that reflects the measures critical to the success of the firm's strategy and provides a means for aligning performance measures to the strategy is the balanced scorecard.

What is the balanced scorecard?

A balanced scorecard is a strategy performance management tool, or a well-structured report, that managers may use to keep track of how the employees under their supervision are carrying out their duties and the results of those decisions.

Therefore,

a comprehensive performance measurement tool that reflects the measures critical to the success of the firm's strategy and provides a means for aligning performance measures to the strategy is the balanced scorecard.

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an open systems view argues that your customers have options. they can, and will, buy from your rivals if you don’t meet their needs efficiently and effectively.

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An open systems thesis argues that your consumers have options. they can, and will, buy from your opponents if you don’t meet their needs efficiently and effectively. True. The bullwhip effect claims that variations in need magnify as they move upstream toward suppliers.

The bullwhip effect

The bullwhip effect is a supply chain spectacle describing how small changes in demand at the retail level can cause progressively larger changes in demand at the wholesale, distributor, manufacturer, and raw material supplier ranks. The effect is named after the physics interested in cracking a whip.

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the identification process of an online financial services company requires that new users must complete an online interview with their security team. the completed recorded interviews are only required in the event of a legal issue or a regulatory compliance breach. what is the most cost-effective service to store the recorded videos?

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A. M. Glacier (an extremely low-cost storage service that provides secure, durable, and flexible storage for long-term data backup and archival.)

A broad category of more specialized operations, such as banking, investing, and insurance, is referred to as financial services. While financial products are the real items, accounts, or investments that these companies offer, financial services are only the activity of financial services corporations and their professionals.

What are the financial services' roles?

An economy's ability to operate depends on the provision of financial services. Without them, people with money to save could find it difficult to connect with those who need to borrow from them, and vice versa. And without financial services, people might not purchase as many products and services because they would be so focused on saving to cover risk.

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after the price ceiling is implemented, there is neither a shortage nor a surplus. a shortage. both a shortage and a surplus. a surplus.

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After the price ceiling is implemented, Quantity demanded is greater than quantity supplied, thus there is a shortage.

What is supposed by using a price ceiling?

A price ceiling keeps a fee from rising above a sure degree the “ceiling”. A charge ground continues a rate from falling under a sure stage the “floor”. We will use the demand and deliver framework to apprehend price ceiling. In lots of markets for goods and services, demanders outnumber providers.

What's price ceiling with appropriate example?

A price ceiling is the most amount a producer can sell their right or service for. That is normally mandated by means of government on the way to make sure clients can have the funds for the relevant goods and offerings. Examples consist of, meals, rent, and power products which can also become unaffordable to consumers.

What is the effect of price ceiling?

When price ceiling is ready underneath the market rate, producers will start to gradual or prevent their production technique inflicting less supply of commodity within the market. On the other hand, call for of the consumers for such commodity increases with the autumn in fee.

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is an application of bi that enables the continuous and real-time analysis of operational data to measure actual performance and forecast future performance.

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An application of bi called sales forecasting enables the continuous and in-the-moment analysis of operational data to assess current performance and predict future performance.

The predicting of sales:

One of the most crucial parts of every organization is the ability to forecast revenue. This information is essential for decision-making for everyone from your sales team to your CEO because it can mean the difference between success and failure.

The usage of business intelligence (BI) technologies is one method that companies are beginning to improve their forecasts. A variety of data is available from BI tools, which you can use to improve your forecasting skills.

Businesses can use data mining, data analysis, and visualizations to better understand their operations through the use of business intelligence.

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several studies state that long commuting times have a negative impact on job satisfaction. test if job satisfaction is correlated to distance to work. what is the correlation coefficient? should ibm offer additional incentives to employees who live far from work?

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A job satisfaction with his job is the result of a combination of factors – and financial compensation is only one of them.

The required details for  job satisfaction in given paragraph

The responsibility of management is to ensure that employees have the resources they require to complete their assigned tasks, that the work environment is positive, and that morale is high.

A worker's level of contentment with their employment, whether they like the job or particular features or facets of it, including the nature of the work or supervision, is measured by their job satisfaction, employee satisfaction, or work satisfaction. Affective (or emotional), cognitive (or evaluative), and behavioral components can all be used to quantify job satisfaction. Affective job satisfaction and job cognitions are two different types of job satisfaction that are measured differently by researchers (cognitive job satisfaction).

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consider the following list of concepts: lettuce, fruits, carrots, edible plants, apples, bananas. how many levels of organization would be required to organize these concepts?

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We can actually deduce here that the number of levels of organization that would be required to organize these concepts is three levels.

What is organization?

In this context, organization refers to how something is well arranged, structured and kept in order to maintain position.

The options that complete the question are:

Select one:

a. four

b. five

c. two

d. three

e. one

We can infer here that the levels of organization that will help to arrange and organize these concepts is three.

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type the correct answer in the box. spell all words correctly. what will help you improve performance and strive for a better career? improving performance and striving for a better career is an example of .

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Improving performance and striving for a better career is an example of work ethics.

Following corporate policies, communicating effectively, accepting responsibility, being accountable, being professional, and having faith in and respect for your coworkers at work are all examples of ethical workplace behavior. These illustrations of moral behavior guarantee the highest level of output at the workplace.

Work ethic is a set of principles based on self-control and diligence. It has an impact on how you manage your obligations and how seriously you treat your work. You are motivated and prepared to act professionally in school and later at work if you have a strong work ethic.

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As a manager, colin realizes that there is no single formula for making easy decisions. In reality, business decisions he has to make involve uncertainty and risk. This describes the ______ model of decision making.

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Answer: the RATIONAL model of decision making is the main model that considers risks and alternatives! Hope this helps!

Why is it so important to have the proper amount of taxes withheld from your paycheck?.

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Answer: So the government can be payed back (though i still have no clue why they need the money)

isabella is writing her resume she doesnot have much work experience she think she should leave an empty section resume is this a good ideas

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She should stress her talents and experience earned above the specific job itself or the amount of time worked.

What is a resume?

A succinct description of one's background and credentials: an updated resume I sent a cover letter, work samples, and my resume for the internship.

Therefore,

Isabella is writing her resume she doesnot have much work experience she think she should leave an empty section resume is this a good ideas:

She should stress her talents and experience earned above the specific job itself or the amount of time worked because leaving an empty space in her resume could distract the reader.—

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is the area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior

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The area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior is corporate governance.

What is corporate governance?

It should be noted that corporate governance simply means the system through which companies are controlled and directed.

The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the cornerstones of any successful firm is excellent corporate governance.

In this case, it's important for companies to engage in ethical procedures

Therefore, the correct option is corporate governance.

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A rewards member calls in asking about an advertisement for a product they saw on tv. When you ask them about the product, they tell you they can’t remember what it was called. What do you do?

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You should ask the rewards member for a description of this product and search in your company's database.

What is a product?

A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer so as to satisfy and meet the demands, needs or wants of every customer. Also, some examples of a product include the following:

RefrigeratorShampooMobile phones or SmartphonesPencilTelevisionMicrowave ovenComputer

What is a database?

A database can be defined as an organized and structured collection of data that're stored on a computer system as a backup and they're usually accessed electronically.

In this context, we can reasonably infer and logically deduce that you should ask the rewards member for a description of this product and search in your company's database.

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the products produced on the prairies went mostly to which market? overseas overseas to people in the western territories to people in the western territories to other farmers to other farmers to people in the cities to people in the cities

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The products produced on the prairies went mostly : to people in the cities.

What is the province of the prairie?

The northern Great Plains region of North America is home to the Canadian provinces of Manitoba, Saskatchewan, and Alberta, collectively known as the Prairie Provinces. They make up Canada's primary wheat-producing region and are a significant supplier of petroleum, potash, and natural gas.

A prairie is a sizable, open grassland region that is primarily covered in sedges, savannas, and shrublands. Vegetative items are the most prevalent in supermarkets. Because cities are unable to produce these products in big quantities, the answer to the question above is "A. to the people in the cities."

Question:

The products produced on the prairies went mostly to which market?. . A.. to people in the cities. . B.. to other farmers. . C.. to people in the western territories. . D.. overseas.

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explain how a market economy determines who will receive the benefits from what is produced and sold.

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Market economies determines who will receive the benefits from what is produced and sold by using the forces of supply and demand to determine the appropriate prices and quantities for most goods and services in the economy.

What is a market economy..??

"A market economy is one in which the allocation of resources and the prices of goods and services are determined by market forces, primarily supply and demand. Market economies have little government intervention, allowing private ownership to determine all business decisions concerning how a business is run."

There are two other modern economic models:

1. Command Economy

2. Mixed Economy

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grace discovered an error on her 2020 tax return; she was eligible for the other dependent credit but neglected to claim it. she would have received a larger refund if she had claimed the credit. grace requested an extension that year, and she did not file the original return until september 1, 2021. the latest grace can amend her 2020 return and claim the credit is:

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She would have received a larger refund if she had claimed the credit. grace requested an extension that year, and she did not file the original return until September 1, 2021. the latest grace can amend her 2020 return and claim the credit is September 1, 2024.

If you need to the credit make a change or adjustment on a go back already filed, you may document an amended go back. Use form 1040-X, Amended U.S. individual earnings Tax go back, and comply with the instructions. normally, for a credit score or refund, you should document shape 1040-X within three years after the date you well timed filed your authentic return or within 2 years after the date, you paid the tax, whichever is later.

If you used TurboTax online, surely log in on your account and select Amend a go back that changed into filed and normal. in case you used our CD download product, signal lower back into your go back and pick Amend a filed go back. You have to document a separate shape 1040-X for each tax return you are amending. there may be no charge to record an amended return 1040X. you'll should record it on paper print, sign, and mail on the grounds that IRS might not receive e-filed amended returns.

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baird purchased a landlocked tract from carr on the condition that carr grant baird an easement across carr's property to a road. proper papers were drawn, but the easement was never recorded. later, baird sold the property to dole but failed to make mention of the easement. does dole hold a valid easement across carr's property? select one: a. no, because the original easement was never recorded b. no, because the second transfer failed to specifically mention the easement c. yes, because the easement runs with the land, not the individual d. yes, because baird held the servient estate and carr held the dominant estate question 82 answer saved points out of 1.00 not flaggedflag question question text when would real estate prices likely be hi

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Dole has a legal right of way through Carr's property because the easement follows the land and not the owner.

The Indian Easements Act of 1882's Section 4 defines the term "easement." According to Section 4's guidelines, an easement right is a privilege that a landowner or occupier has over another piece of property that is not his own and that is intended to allow for the beneficial use of the property. Because an occupier or owner cannot completely enjoy his own property without this privilege, it is allowed. It also includes the right to take action or continue to take action in relation to or with regard to some other land, other than his own, for the pleasure of his own land.

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nation aga can produce either 3 units of good x or 1 unit of good y with one hour of labor, while nation kaza can produce either 4 units of good x or 2 units of good y with one hour of labor. assuming that labor is the only input, mutually beneficial exchange can take place between aga and kaza if

Answers

Mutually beneficial exchange can take place between Aga and Kaza due to their comparative advantages in producing different goods.

Aga has a comparative advantage in producing good X (3 units per hour) compared to Kaza's 4 units. On the other hand, Kaza has a comparative advantage in producing good Y (2 units per hour) compared to Aga's 1 unit.

By specializing in their respective strengths and trading the surplus, both nations can increase their overall output and consumption. This trade allows them to maximize their efficiency and gain from the benefits of specialization, leading to a win-win scenario for both Aga and Kaza.

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sebastian (24) will use the single filing status. his only income during the year consisted of $20,000, which was his net profit from a lawn mowing business. what is sebastian's self-employment tax?

Answers

⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒⇒

Answer:2826

Explanation:

which organization or group is the only one that ""controls"" the forensic accounting profession and its credentials

Answers

Association of Certified Fraud Specialists Organization or group is the only one that ""controls"" the forensic accounting profession and its credentials

The largest anti-fraud group in the world is the Association of Certified Fraud Examiners (ACFE). The ACFE works to eradicate fraud and corruption around the world by providing top-notch training, providing the CFE certificate, and developing a vibrant, international network of anti-fraud experts.

On an office terrace in downtown Austin, Texas, a discussion that led to the creation of the Association of Certified Fraud Examiners (ACFE) took place in 1985. The ACFE came into being through a casual conversation between Dr. Joseph T. Wells, Chairman of the ACFE and a former accountant who joined the FBI, and Dr. Donald Cressey, the top criminologist in the nation.

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muhammad yunus, founder of the grameen bank, was highly successful in his use of applying social incentives through group responsibility in order to maximize loan repayment rates. this success created an incentive for other banks to:

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Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.

Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.

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Megha is a taekwondo expert who starts her own martial arts training academy. She conducts taekwondo classes for women and teaches them the art of self-defense. Megha can be regarded as a(n)

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As Megha, who is a taekwondo expert that starts her own martial arts training academy, also conducts taekwondo classes for women and teaches them the art of self-defense, then, Megha can be regarded as an entrepreneur.

Who is an entrepreneur?

This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea often entails a new product or service rather than an existing business model.

Because of the features possessed by an entrepreneur, therefore, Megha can be regarded as an entrepreneur because of her taekwando classes.

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Faculty is a/an
A. Continuous variable
B. Ordinal variable
C. Nominal variable
D. Interval variable
E. Ratio variable

Answers

Answer:

a

Explanation:

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Read this sentence:Dogs should be cared for at all times; this includesproviding them with proper nutrition, exercise, and, aboveall, love.Which audience would be most moved by this type of appeal?OA Sports fansOB. Police officersOC. TeenagersOD. Animal loversSUBMIT one way to differentiate between long-term and short-term memory systems in research is to construct a serial position curve, or to plot the position of an item in a list along with a) the percent of participants that recalled the item. b) the time it took for participants to recall the item. c) the speed and accuracy of participants' recall of the item. d) the number of times a participant asked about the item. Give atleast 2 examples of applied ethics. While Italy has many rivers, they tend to be short. At four-hundred miles, the Po is the longest. South America, on the other hand, has many long rivers. The Amazon is the longest river in South America. It is 3,500 miles longer than the Po. This passage is organized using If anyone does GCSE English language, How do you revise for it? Bamboo the elephant weighed 235 lb at birth. Each month Bamboo has gained 180 lb.If Bamboo now weighs 1495 lb, how old is she?please help yall A type of membrane protein that is integrated into the hydrophobic region of the membrane. the correct ordered pairs made using the corresponding terms of these two sequences, with Sequence 1 terms first. Sequence 1: 3, 5, 7, 9, 11. Sequence 2: 5, 7, 9, 11, 13 "the last day of school is like a day at the beach - easy and relaxing." the kind of figurative language used here is. Can someone help me finish the rest of my P.E.A.R.L paragraph about The necklace by Guy de Maupassant (I will give all my points and mark brainliest)Link to read the story: https://www.eastoftheweb.com/short-stories/UBooks/Neck.shtml In a head-on collision, an infant is much safer in a child safety seat when the seat is installed facing the rear of the car. True or false?. Answer(with steps pls) All of the following illustrate the impact of geography on Native American tribes exceptA. Native American tribes built shelters to protect themselves from the weather of their region.B. Native American tribes had little interaction with one another because their regions were soisolated.C. Native American tribes developed agricultural or hunting patterns based upon the foodavailable to them.D. Native American tribes established religious practices that reflected their environment. it takes a barber 10 minutes to serve one customer. note: round your answers to 2 decimal places. what is the capacity of the barber expressed in customers per hour? assuming the demand for the barber is 2 customers per hour, what is the flow rate? assuming the demand for the barber is 2 customers per hour, what is the utilization? assuming the demand for the barber is 2 customers per hour, what is the cycle time? question mode fill in the blank question fill in the blank question. the greek canon established by artists and architects used the principle known as , meaning the correspondence of opposite parts in size, shape, or position. international institutions and domestic compensation: the imf and the politics of capital account liberalization what is heterogeneous Which describes this energy transformation from the turning turbine to electricity?A. mechanical energy into electric energyB. nuclear energy into electric energyC. thermal energy into electric energyD. chemical energy into electric energy in testing inventory at an audit client in the retail industry, you note that some of the inventory is contracted to be held on consignment. as a result, which financial statement assertion is now relevant? you gather some data about the use of a surgical checklist in your operating rooms and have an idea for an improvement. at the next months meeting, you present the idea to your colleagues.