Answer: c. cash receipts journal
Explanation:
Good internal controls over the write-off of uncollectible accounts include the company reviewing the cash receipts journal to ensure that the uncollectible accounts should indeed be uncollectible by making sure that the customer has not paid their balance.
This is because there is a chance of fraud if the cash receipts are not checked as an employee might take the cash paid by a receivable and then record that the receivable is uncollectible.
Answer:
True (A)
Explanation:
Business can ensure product standardization for different markets with careful attention to controlling cost and quality. Costs are inevitably in a business, however, they can be managed to the barest minimum.
Problems that may occur when entering a parkway are: cars not yielding or moving over for oncoming traffic, cars not obeying the speed limit and cars not keeping up with the flow of traffic. It is important to make sure you check your surroundings multiple times when entering a parkway because you are coming into traffic that has been moving at a much faster rate and trying it merge in with them.
Answer: $425,000
Explanation: The total overhead cost can be computed suing following formula :-
total overhead cost = fixed overhead cost + variable overhead cost
where,
fixed overhead cost = $90,000
=$335,000
so,putting the values into equation we get :-
total overhead cost = $90,000 + $335,000
= $425,000
Nothing will change. Upper management must enthusiastically pursue the plan and create a culture for employees to follow
