1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
OleMash [197]
3 years ago
7

What is a records inventory? discuss why is inventory is conducted and what is included in the inventory?

Business
1 answer:
MariettaO [177]3 years ago
5 0
A records inventory is detailed listing found through surveying, of all records owned and stored by an organization. The goal behind this is to know where they are stored and how they are stored to have a record retention schedule. This information helps managers in present and in the future make decisions regarding the organization. 
You might be interested in
No matter what you do professionally, you should create and follow a ____. A. Resume
seraphim [82]
The answer is B. career plan
5 0
2 years ago
One-third of the work related to $30,000 cash received in advance this period is performed. What is the
Free_Kalibri [48]
The answer to this question is
7 0
3 years ago
Jennifer's Bakery Shop produces baked goods in a perfectly competitive market. If Jennifer decides to produce her 100th batch of
Blizzard [7]

Answer:

To maximize her profit, Jennifer should abandon the product.

Explanation:

To maximize the profit Jennifer should keep marginal benefit as higher as she can, this could happen keeping marginal revenue higher and marginal cost lower as much as she can.

In this case marginal cost is higher than the marginal revenue, which is resulting as a marginal loss. Each extra batch being sold will add a loss of $10 ($110-$120).

Jennifer should abandon the product because it will reduce the average marginal benefit or total profit gradually.

4 0
3 years ago
Read 2 more answers
g George's gross pay for the week is $800. George's deduction for federal income tax is based on a rate of 15%. He has a weekly
aalyn [17]

Answer:

The amount of George's net pay is $568.8  per week.

Explanation:

Because George's yearly pay is under the limit for OASDI, he don't bear the income tax either.

                                         Rate Amount

Gross pay                                      $800.0

Personal deduction             15%     $120.0

Medical insurance deduction       $50.0

FICA Social Security          6.20%      $49.6

FICA Medicare                    1.45%        $11.6

Income Before Tax                     $568.8

Taxation                                         0%         $0

Net Pay                                             $568.8

8 0
3 years ago
Cost of Normal Spoilage
Mars2501 [29]

Answer:

1. Calculation of the Cost of the Tramel Job

Particulars                    Amount

Direct material cost      $2,300

Direct labor cost           $500

Overhead applied        <u>$650 (</u>500*130)

Total cost of job           <u>$3,450</u>

<u></u>

2. Particulars                           Debit     Credit

Overhead Cost                         $1,300

       To materials                                    $800

       To Labour                                        $500

3. The Cost of the Tramel Job will not be affected

6 0
3 years ago
Other questions:
  • A(n) ________ market is a market in which goods or services are bought and sold illegally
    5·1 answer
  • Accidental puncture by a sharp object contaminated with the pathogen.
    8·2 answers
  • When all of a firm's inputs are doubled, input prices do not change, and this results in the firm's level of production more tha
    10·1 answer
  • What is the effective rate of a $25,000 interest-bearing simple discount 10%, 90-day note?
    11·1 answer
  • Emma Pebble and Chase Stone formed a partnership in a landscape business. Under their arrangement, Emma actively manages the com
    10·1 answer
  • Which one of the following statements is correct? A) The lessor is primarily concerned with returning the asset at the end of th
    9·1 answer
  • If the price of Yoo-hoo is $2 in New York and $1 in St. Petersburg, Russia (after converting the rubles to dollars), you might e
    6·1 answer
  • A _____ is the highest postsecondary degree available.
    11·2 answers
  • The financial ratio that measures the accounting profit per dollar of book equity is referred to as the:
    10·1 answer
  • Free
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!