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hichkok12 [17]
2 years ago
6

Good recordkeeping helps protect assets and helps managers? apply technological controls establish responsibilities monitor comp

any activities divide responsibility
Business
1 answer:
coldgirl [10]2 years ago
7 0

Good recordkeeping helps protect assets and helps managers <u>monitor company activities.</u>

<u></u>

<u></u>

<u></u>

What are the benefits of good recordkeeping?

  • Good records will help you do the following:
  1. Monitor the progress of your business.
  2. Prepare your financial statements.
  3. Identify sources of your income.
  4. Keep track of your deductible expenses.
  5. Keep track of your basis in property.
  6. Prepare your tax returns.
  7. Support items reported on your tax returns.
  8. Save time and costs
  9. Prevent loopholes and oversight
  10. Prevent fraud or theft
  11. Comply with laws
  12. Make business decisions
  • Different countries have different regulations depending on the local laws stipulated by the government.
  • It is important for you to do substantive research and ensure that your company’s current record keeping system is compliant with the country regulatory requirements.

To know more about good recordkeeping, refer:

brainly.com/question/11145292

#SPJ4

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Which audience analysis anticipates resistance if something is going to cost money?
Katena32 [7]

The audience analysis that anticipates resistance if something is going to cost money is a situational analysis. This is further explained below.

<h3>What is situational analysis?</h3>

Generally, An organizational situation may be better understood by doing a situational analysis, which is a set of techniques for evaluating both the internal and external variables of a company.

In conclusion, A situational analysis is the kind of audience analysis that determines whether or not there will be opposition to anything if it will cost money.

Read more about situational analysis.

brainly.com/question/23563467

#SPJ1

6 0
2 years ago
A company sells two products with information as follows:
sattari [20]

Answer:

True.

Explanation:

The Contribution margin i.e Sale price less Variable Cost per unit for product A is (15-4) is $11 & for product B is ( 21-13) is $8. for making 4 units of product A we need three machine hours, so if we divide units by machine hours only 0.9 unit of A can be made in an hour  while we can made 5 units in 0.7 hours pf product B, so if we divide 5 by 0.7, approximately 7 unit of B can me made in an hour.

Thus, in the production of 1 hour we can make $10 from product A while we can make $ 57 from product B.

Product A Product B

S.P  $15.00   $21.00  

V.C  $4.00   $13.00  

Contribution Margin Per unit  $11.00   $8.00  

Units Produce Per hour Production 0.9 7

CM Per hour  $10.27   $57.14  

8 0
3 years ago
When a company employs a varied workforce of both men and women, people of many generations, and people from ethnically and raci
exis [7]

Answer:

workplace diversity

Explanation:

In today’s world, gender discrimination is considered unethical and wrong, that has helped females to work equally hard to show their worth. Over the years, females have gradually entered the workplace, such as firms and organizations. Likewise, they have also encouraged them by implementing workplace diversity. It is a phenomenon that allows different genders, race, ethnicity and cultural backgrounds to work together.

4 0
3 years ago
Campbell Corp. exchanged delivery trucks with Highway, Inc. Campbell's truck originally cost $23,000, its accumulated depreciati
zzz [600]

Answer & Explanation:

The carrying value of the company is $3000 ($23000 - $20000) and the amount paid is $700 for the exchange of a truck worth $5700. The entry for such an exchange will be:

Dr Truck- Accumuated Depreciation $20000

Dr New Truck (Balancing amount)      $3700

Cr                                                   Asset  Cost             $23000

Cr                                                  Cash   Paid               $700

So the new value that must be recognized as asset value in the Statement of Financial Position for the year is $3700.

So the option C is correct.

8 0
3 years ago
At the end of year 1, a company reduced its inventory cost from $100 to its net realizable value of $80. As of the end of year 2
Dahasolnce [82]

Answer:

A. Debit inventory for $20 and credit expense for $20.

Explanation:

We should remember that we cannot recognize a gain before is realized. Increasing the inventory for their net realizable value would reocgnize the gain before selling the good that is not correct. The comapny will adjust to their original cost of 100 that is, reverse the 20 dollars loss of the previous year.

4 0
3 years ago
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