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denis-greek [22]
3 years ago
7

Upon receipt of purchased goods, receiving department personnel match the quantity received with the packing slip quantity and m

ark the retail price on the goods based on a master price list. The annotated packing slip is then forwarded to inventory control and goods are automatically moved to the retail sales area. The most significant control strength of this activity is _________.a. Matching quantity received with the packing slip.
b. Immediately pricing goods for retail sale.
c. Using a master price list for marking the sale price.
d. Automatically moving goods to the retail sales area.
Business
1 answer:
enot [183]3 years ago
5 0

Answer:

c. Using a master price list for marking the sale price.

Explanation:

The market price list is the list that contains the information about the price, and the items of another price list. When there are two or more price lists that are dependent upon each other. So the price list would be called a master price list

Since in the given situation, the master price list is used and depending upon it, the packing slip is carried forward to the inventory control that creates the goods movement automatically to the retail sales area

So, for controlling this strength of the activity, the use of a master price list is equally important for sale price marking.

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A market for existing financial securities that are currently traded among investors is called the ________ market. super fundam
Nadya [2.5K]

A market for existing financial securities that are currently traded among investors is called the Secondary market.

A secondary market is a market for the purchase and sale of existing securities or other assets. They differ from primary markets, where the assets were created. Generally, most investors will only trade on secondary markets.

Transactions in the secondary market are undertaken with other investors rather than the security issuer. The procedure is comparable to buying products from the classifieds or a used car from a dealership rather than the manufacturer.

Stocks and bonds purchased in a retirement plan or through a brokerage account, for example, are traded on secondary markets.

Assume you have two portfolios: one through an employee stock ownership plan and the other through a discount brokerage. The main market transaction occurs when you purchase stock directly from the corporation, like in the first plan. It is a secondary market transaction when you buy in a discount brokerage account through stock exchanges.

Learn more about Secondary Markets here:

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8 0
2 years ago
Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.
andriy [413]

Answer:

Effect on income= $-117,500

Explanation:

Giving the following information:

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.

Buy= 85000*8= $680,000

In house:

Production costs= 6.5*85,000 + 75,000= 627,500

Other fixed costs= 170,000

Total cost= $797,500

Effect on income= 680,000 - 797,500= $-117,500

3 0
2 years ago
A ________ is a network of activities for accomplishing a business function.
xeze [42]

Answer:

busness process

Explanation:

3 0
2 years ago
What are the four most important ways a firm becomes a​ monopoly? The four main reasons a firm becomes a monopoly​ are:
gladu [14]

Answer: A. the government blocks​ entry, control of a key​ resource, network​ externalities, and economies of scale.

Explanation:

3 0
3 years ago
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Dominik [7]

Answer:

1. World Trade Organization

2. North American Free Trade Agreement

3. The European Union

Explanation:

a. World Trade Organization (WTO): Oversees trade agreements among over 150 member nations and arbitrates trade disagreements among member countries. The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It was established officially on the 1st of January, 1995.

b. North American Free Trade Agreement (NAFTA): Created a free-trade zone consisting of the United States, Canada, and Mexico with the purpose of eliminating trade barriers between these countries. It officially became effective on the 1st of January, 1994.

c. The European Union (EU): An agreement between over 25 nations, which abolished tariffs among member countries and standardized policies on agriculture, transportation, and business practices. It was established officially on the 1st of November, 1993. Some of its member countries are Sweden, Italy, Germany, Portugal, Croatia, Russia, France, Spain, Netherlands etc.

8 0
3 years ago
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