1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elena-2011 [213]
1 year ago
9

The failure to record which transaction has no effect on the quality of inventory?

Business
1 answer:
zimovet [89]1 year ago
4 0

Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.

Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.

If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.

Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.

Learn more about inventory at

brainly.com/question/25887081

#SPJ4

You might be interested in
what is the best definition of the capability of a process? select one: a. how well the input of a process satisfies the custome
anzhelika [568]

Correct option is A. The best definition of the capability of a process is how well the input of a process satisfies the customer of the process.

<h3>What is the purpose of process capability analysis?</h3>

To determine how well a certain process complies with a set of specification restrictions, a set of techniques called process capability analysis is utilized. In other words, it assesses the effectiveness of a procedure.

In actuality, it compares the distribution of sample values—representing the output of the process—against the specification limits, or the upper and lower bounds of what we aim to achieve. It may also be compared to a specification target.

Process capacity indices are frequently used to describe a process's capabilities. Depending on your analytical needs, you could calculate one or more of the several process capability indices. However, in order to compute any process capacity indices, you must first presume that your process is stable.

To learn more about process capability analysis from given link

brainly.com/question/20396505

#SPJ4

4 0
1 year ago
Pinewood Company purchased two buildings on four acres of land. The lump-sum purchase price was $1,200,000. According to indepen
bezimeni [28]

Answer:

Initial valuation of the building A=$540000

Initial valuation of the building B=$300000

Initial valuation of the land=$360000

Explanation:

First,we will calculate the total fair value of all assets:

Total fair value of assets=Fair value of building A+Fair value of building B+Fair value of land

Total fair value of assets=$585,000+$325,000+$390,000

Total fair value of assets=$1,300,000

Initial valuation of the building A= \frac{Fair\ value\ of\ building\ A}{Total\ Fair\ value} *lump-sum

Initial\ valuation\ of\ the\ building\ A=\frac{\$585,000}{\$ 1,300,000}*\$1,200,000\\Initial\ valuation\ of\ the\ building\ A=\$540000

For building B:

Initial\ valuation\ of\ the\ building\ B=\frac{\$325,000}{\$ 1,300,000}*\$1,200,000\\Initial\ valuation\ of\ the\ building\ B=\$300,000

For Land:

Initial\ valuation\ of\ the\ building\ land=\frac{\$390,000}{\$ 1,300,000}*\$1,200,000\\Initial\ valuation\ of\ the\ building\ land=\$360000

Check of answer;

Sum of all initial Values= Lump-Sum

$540000+$300000+$360000=$1,200,000

$1,200,000=$1,200,000

5 0
3 years ago
John Roberts is 54 years old and has been asked to accept early retirement from his company. On July 1, the company offered John
Zinaida [17]

Answer:

sjjsjsjsjjsjzjzjzjznnznzhzhzhbznzbzbbznznzbhzhzhzjzjhznznzjzbnzjzjz

6 0
2 years ago
The market for the fast car with so much horsepower that handling becomes an issue is decreasing. People are more interested in
marusya05 [52]

Answer:

Dog.

Explanation:

In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.

Generally, products are divided into four (4) main categories in the BCG growth-share matrix;

1. Dogs.

2. Stars.

3. Question marks.

4. Cash cows.

A dog refers to a product or business unit that has a very low growth rate or market share and as such generates insufficient amount of revenues.

In this scenario, Camaro isn't able to generate sufficient (enough) cash to sustain its manufacturing or production process, the Boston Consulting Group (BCG) portfolio would classify it as a dog.

6 0
3 years ago
The Bello Corporation wishes to accumulate $2,000,000 for plant expansion. The funds are required on January 1, 2026. Bello inte
PSYCHO15rus [73]

Answer:

Option a ($325,203) is the right response.

Explanation:

The given values are:

Required Lump sum amount,

= $2,000,000

Future value of an annuity,

= 6.15

Now,

As we know,

The required amount of annual deposit will be:

=  \frac{Required \ lump \ sum \ amount}{Future \ value \ of \ an \ annuity}

On substituting the given values, we get

=  \frac{2,000,000}{6.15}

=  325,203.25

i.e.,

=  325,203 ($)

4 0
2 years ago
Other questions:
  • Diversification is important and investing because
    5·1 answer
  • The broker while creating a CMA does not usually consider the full range of data about market conditions and comparable sales th
    14·1 answer
  • Hiram has learned to seek attention by engaging in appropriate behavior namely by watching his brother receive attention for hit
    13·1 answer
  • Cash dividends of $83,126 were declared during the year. Cash dividends payable were $9,151 at the beginning of the year and $15
    7·1 answer
  • Exercise 12-04 a-b (Video) McGill and Smyth have capital balances on January 1 of $54,000 and $48,000, respectively. The partner
    11·1 answer
  • The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this
    15·1 answer
  • Heap Corporation is considering an investment in a project that will have a two year life. The project will provide a 10% intern
    6·1 answer
  • A consumer electronics company was formed to develop cell phones that run on or are recharged by fuel cells. The company purchas
    14·1 answer
  • The investor-supplied items—debt, preferred stock, and common equity—are called capital components. Increases in assets must be
    7·1 answer
  • What is the title of the Access form shown above? frmBasic tblRetailer 0001 Spice World
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!