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2 years ago

Inexperienced employees may include as , resulting in an overstatement of assets.

Business

1 answer:

Leokris [45]2 years ago

8 0

Inexperienced employees may include consigned goods as inventory resulting in an overstatement of assets.

<h3>What is inventory ?</h3>

Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use. Inventory management is primarily concerned with specifying the shape and placement of stocked goods.

There are four types of inventory: raw materials/components, work in progress (WIP), finished goods, and maintenance and repair (MRO).

Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost).

In accounting, inventory is classified as a 'current asset' that a company or business keeps for less than a year. Expenses, accounts receivable, and insurance plans are also examples of current assets.

To know more about inventory follow the link:

brainly.com/question/24868116

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If joe and mary smith have money market accounts of $100,000, real estate holdings of $300,000, loans of $25,000, and investment

kirill115 [55]

Answer:410,000

Explanation: 100000+300000+10000

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1 year ago

You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangement

svetlana [45]

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$223,370

Explanation:

See attached file

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3 years ago

Maria spends all of her money on paperback novels and beignets. In 2011 she earned $27.00 per hour, the price of a paperback nov

marishachu [46]

Answer:

1. The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011.

2. The price of a paperback novel is 3 beignets in 2011 and Maria's wage is 9 beignets per hour in 2011.

3. 3 Beignets

4. increases and remains the same

Explanation:

1. Nominal value is the value of a product based on the money of the day that we see. The price of a beignet is $3.00 in 2011 and Maria's wage is $27.00 per hour in 2011 are the values of the product and wage quoting the money of the day.

2. The real value of a varaible is the value in terms of the value of some other goods. In this case Paperback and Maria's wage are valued in terms of beignets.

3. The relative price of paperback is valued in terms of beignets. So if a beignet costs $6 and a paperback novel is $18. The relative price of a paperback novel will be three times the cost of beignet, since a beignet costs $6.

4. Between 2011 and 2016, the nominal value of Maria's wage increases and the real value of her wage remains the same.

6 0

3 years ago

"Which of the following statements are TRUE? I New issues of Treasury Bills are generally priced at par II New issues of Treasur

Aleksandr [31]

Answer:

The remaining part of the question is:

Which of the following statements are TRUE?

I New issues of Treasury Bills are generally priced at par

II New issues of Treasury Bonds are generally priced at par, or at a slight discount to par

III New issues of Agency Bonds are generally priced at par, or at a slight discount to par

A. I only

B. III only

C. II and III only

D. I, II, III

Correct Answer:

C. II and III only

Explanation:

It is a fact that virtually all new issues of T-Bills are always sold at a discount to par value. These are original issue discount obligations, with the accrued value of the discount being the interest income earned on these securities.

<em>Treasury Bonds and Agency Bonds are issued at par or in most cases at a very slight discount to par, and make periodic interest payments.</em>

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3 years ago

The marketing department wants to buy two new computers. One computer will be used for their graphic artist to create graphics a

BartSMP [9]

Answer:

Explanation:

While buying a computer , the potential purpose and usage of the computer should as well as the component of the computer to buy should be considered in order to make a right selection .

As graphics designing software is processor intensive , a processor with a very high speed of at least 1 Ghz and an adequate RAM to aid faster process at once , minimum of 8Gb is required.

However , considering the function of a secretary which is to track billing and hours , a computer with a slower process will definitely perform the task

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3 years ago

Inexperienced employees may include ________ as ________, resulting in an overstatement of assets.

Inexperienced employees may include as , resulting in an overstatement of assets.