During the taking of its physical inventory on December 31, Barry's Bike Shop incorrectly counted its inventory as $223,182.00 instead of the correct amount of $171,088.00. The effect on the balance sheet and income statement would be a. assets overstated by $52,094.00; retained earnings understated by $52,094.00; and net income statement understated by $52,094.00 b. assets overstated by $223,182.00; retained earnings understated by $171,088.00; and no effect on the income statement c. assets, retained earnings, and net income all overstated by $52,094.00 d. assets and retained earnings overstated by $171,088.00; and net income understated by $223,182.00

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.

Which of the following would classify as a general education requirement