Answer:
Internal control is designed to ensure all of the items described in the answers.
Explanation:
Internal Control is a process for assuring of an organizations objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws and regulation.
True, to have standing to sue a party must have been harmed or have been threatened with harm by the action about which he or she complains.
The requirement that the plaintiff has a bona fide interest in the case depends on whether the plaintiff has suffered or is likely to suffer direct and material harm from the actions of the parties or the government. class action suite.
Standing to Sue is the right to sue. A plaintiff must present evidence sufficient to convince a jury that the defendant's conduct directly caused the plaintiff's injury and damages.
A case limits participation in litigation and asks whether a person filing or defending a lawsuit has good reason to "run" and defend himself in court. To obtain status, a party must demonstrate an "actual infringement" of its own legal interests.
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Answer: Their are many benefits of the global food system, there are also problems.
Explanation: Weather impacts our food globally when their are droughts, storms etc. You need to consider that some people don't have access to food, or water access. Climate change is a big factor when it comes tothe global food system.
The Current ratio equals 2.9, the Accounts receivable turnover equals 5.77 and Average collection period equals 63 days.
<h3>What is Current ratio?</h3>
= Current Assets / Current Liabilities
= 145,000 / 50,000
= 2.9
<h3>What is Accounts receivable turnover?</h3>
= Net sales / Average Accounts Receivable
= 375,000 / )(70,000 + 60,000) / 2)
= 5.76923076923
= 5.77
<h3>What is Average collection period?</h3>
= 365 Days /Average Receivable Turnover ratio
= 365 / 5.77
= 63.2582322357
= 63 days
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Answer:
Total cost= $7,464
Explanation:
Giving the following information:
Job 450:
Direct materials= $2,049
35 direct labor-hours
195 machine-hours
The direct labor wage rate is $21 per labor-hour.
The predetermined overhead rate is $24 per machine-hour.
<u>The total cost is calculated using the following formula:</u>
Total cost= direct material + direct labor + allocated overhead
Total cost= 2,049 + 35*21 + 195*24
Total cost= 2,049 + 735 + 4,680
Total cost= $7,464