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azamat
2 years ago
10

How can financial risks in a supply chain be managed?

Business
1 answer:
Sladkaya [172]2 years ago
8 0

The financial risks in a supply chain be managed by using a new low-cost source of supply, hedging, and by reducing unnecessary costs in supply chain operations.

In order to manage supply-chain financial risk, one should have an in-depth understanding of their suppliers before contracting them. As this allows you to build better working relationships and minimize your vulnerability to risks. Thus, before signing the contract, check the financial stability and viability of each supplier.

Risk management is very important in supply chain, as it is a key in eliminating waste and stimulating other best practices within the supply chain for better efficiency.

Thus, wasting resources can add risk to the organization and supply chain.

To learn more about supply chain here:

brainly.com/question/17191657

#SPJ4

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If a check correctly written and paid by the bank for $408 is incorrectly recorded on the company's books for $480, the appropri
vodka [1.7K]

Answer:

The correct answer is add $72 to the book's balance.

Explanation:

Bank reconciliation is a way of identifying discrepancies between the cash book balance (company's books) and the bank balance (balance per bank statement). The discrepancies can be as a result of erroneous posting, deposit in transit, outstanding checks, etc.

In the instance of the question, there was an erroneous posting in the cash book of $72 ($480 - $408). Instead of crediting cash book by $408, it was rather credited by $480 - meaning that the credit was overstated by $72. <em>To correct this erroneous posting, we have to add back $72 to the cash book balance.</em>

8 0
4 years ago
Th manufacturers expects to generate cash flows of $129,600 for the next two years. at the end of the two years the business wil
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3 0
4 years ago
Betty runs a boutique. She buys semi-automatic sewing machines for her tailors because she cannot afford the fully automatic one
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Answer:

Betty runs a boutique. She buys semi-automatic sewing machines for her tailors because she cannot afford the fully automatic ones. This scenario best illustrates the concept of

counterconditioning

maximizing

satisfying

overregularizing

Explanation:

Counterconditioning is functional analytic principle that is part of behavior analysis, and involves the conditioning of an unwanted behavior or response to a stimulus into a wanted behavior or response by the association of positive actions with the stimulus.

Maximizing the workload, within the resources that she has, and not overburdening herself.

overregularizing each and every step that she takes as her business is young.

3 0
4 years ago
Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following dat
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Answer:

Instructions are listed below

Explanation:

Giving the following information:

Channing uses a two-stage cost allocation system, It uses direct-material costs to allocate direct-materials related overhead and direct labor costs to allocate direct-labor related overhead costs.

A1

Direct material 75,000

Direct labor 58,000

B2

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Direct-labor related 50,895

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 225,000/54000= 4.17 per direct material

B) Estimated manufacturing overhead rate= 195,750/50895= 3.85 per direct labor

C) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH (A1)= 4.17*75000 + 3.85*1377550= 843,087.5

D) Allocated MOH (B2)= 4.17*54000 + 3.85*50895= 421,125.75

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Describe the two perspectives on how much impact managers have on an organization's success or failure
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