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mojhsa [17]
2 years ago
8

during the month, the company's office manager used a company-issued credit card to purchase stamps. at the end of the month, th

e entry to record this employee purchase will include a credit to accounts payable. group startstrue or false
Business
1 answer:
madam [21]2 years ago
7 0

Answer: true

Explanation:

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Jodi owns a business that designs and creates lingerie. In an effort to get her product into as many stores as possible, jodi ha
Anna007 [38]

Jodi is not adequately managing the financial aspects of her business.

By being too lenient with the days credit, she is effectively damaging her business' cash flow.

3 0
3 years ago
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Rene is the manager at an event and catering company. He has just received a request for proposal (RFP) for managing the City Ar
Alika [10]

Answer:

The correct answer to the following question will be "Formal proposal".

Explanation:

  • Usually, formal proposals become prepared for bigger projects, here as in the case the expenditure demand is high, there is a huge amount of participants as well as the plan will be extensive, so formal proposals have become an easy option because informal proposals are made for projects too.
  • Grant applications should never be posted here since they are usually sent to a grant seeking agency or entity. That is just not Rene 's goal in this.

4 0
2 years ago
Federal inspectors find that several shipments of hamburger supplied to grocery chains is contaminated with potentially harmful
brilliants [131]

Answer:

The Food and Drug Administration issues a recall for the meat, and the seller notifies its customers.

Explanation:

When there is a serious or potentially serious risk to consumers, the FDA works with sellers and distributors to recall products (remove them from store shelves) and notify customers through press releases and other communications.

7 0
3 years ago
Which statement below best describes the accounting equation? Multiple Choice The change in retained earnings equals net income
8_murik_8 [283]

Answer:

The correct answer is Resources of the company equal creditors' and owners' claims to those resources.

Explanation:

It can be used to determine that the income or income of the consumer is exactly equal to the expense (purchase) of goods, for the determined period of consumption. In other words, by adding the value spent on the acquisition of goods "x" and goods "y". To have such values it is enough to multiply the number of possible units to acquire - in each of the points - by their respective price and then add them; This can be done at any point in the price line.

4 0
3 years ago
The standard materials cost to produce one unit of product m is 6 pounds of material at a standard price of $50 per pound. in ma
Musya8 [376]
Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
5 0
3 years ago
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