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finlep [7]
1 year ago
9

the purpose of tracing a sample of inventory tags to a client's computerized listing of inventory items is to determine whether

the inventory items represented by tags were included on the listing. included on the listing were properly counted. represented by tags were reduced to lower of cost or market. included in the listing were properly valued.
Business
1 answer:
olga2289 [7]1 year ago
5 0

To check whether the inventory items match up with a client's computerized listing of inventory items, a sample of inventory tags is traced to it. The fact that the items counted and noted on the tags were also noted in the inventory list is demonstrated by tracing the tags to the inventory listing. This is the statement of completeness.

An inventory item, put simply, is a company's stock of finished products or the raw ingredients used to make those products. The stage of production for an item will decide which inventory category it is counted in: raw materials, works-in-progress, or finished goods. This article will refer to sellable inventory. Maintenance, repair, and operation (MRO) inventory is a type of non-sellable stock that is required for production but isn't a component of final items.

Inventory item are often tangible assets that businesses can count and measure. As an illustration, a bakery might put in its inventory all the components required to make its baked goods, such as flour, sugar, yeast, salt, and milk. Capital equipment, not inventory, including baking trays and ovens.

Learn more about inventory item here

brainly.com/question/20381922

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Three years ago, you invested $3,350.00. Today, it is worth $4,100.00. What rate of interest did you earn
Anastasy [175]

Answer:

6.97%

Explanation:

the formula to be used is

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

$4,100.00 = $3,350.00 x ( 1 + r)^3

divide both sides of the equation by $3,350.00

$4,100.00 / $3,350.00 = ( 1 + r)^3

1.223881 = ( 1 + r)^3

find the cube root of both sides

1.069661 = 1 + r

r = 6.97%

7 0
3 years ago
madeline wants her son to be well-behaved when they go to church. for every five minutes he sits still, she gives him a piece of
AVprozaik [17]

Answer:

Answer would be Operant Conditioning

7 0
2 years ago
A law firm seeks to recruit top quality experienced lawyers. the total package offered is the sum of three separate components:
Elena-2011 [213]

Answer:

  1. S = 1.2N + 3,000E + 1,000 * (A - 21)
  2. $204,000

Explanation:

1. An extra $1,000 for every year that they are over the age of 21. If the person is A years of Age then the expression is 1,000 * (A - 21).

An additional $3,000 for each year worked as a qualified lawyer. If the person has E years experience. Expression = 3,000E.

The basic salary is 1.2 time the candidate current salary. If the person currently earns $N the expression is; 1.2N

Putting that all together;

S = 1.2N + 3,000E + 1,000 * (A - 21)

2. Variables are; N = 150,000; E = 5 ; A = 30

S = 1.2N + 3,000E + 1,000 * (A - 21)

= 1.2 * 150,000 + 3,000 * 5 + 1,000 * (30 - 21)

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7 0
3 years ago
You are planning a store on a large lot. Your budget only allows for 800 linear feet of walls. What is the maximum square
Galina-37 [17]

Answer:

The correct solution is "40,000 sq/ft".

Explanation:

The given value is:

Feet of walls

= 800 ft

Sides,

= 4

Now,

The square store will be:

= \frac{800}{4}

= 400 \ ft

The max footage of square will be:

= 400\times 100

= 40,000 \ sq/ft

8 0
3 years ago
Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long
Jet001 [13]

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

<u>Short run – where one factor of production (e.g. capital) is fixed</u>.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, <u> there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.</u>

7 0
3 years ago
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