What type of error is the cpa most likely to discover when he/she examines all shipping reports dated in january of 20x1, shipped fob shipping point, which were recorded in december of 20x0 as credit sales? a. accounts receivable are overstated at december 31, 20x0.b. accounts receivable are understated at december 31, 20x0.c. operating expenses are overstated for the 12 months ended december 31, 20x0.d. sales returns and allowance are overstated at december 31, 20x0.

answer; how many employees will be needed for jobs in the coming period;

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the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.