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3 years ago

Which of the following statements regarding shrinkage is not correct?

Business

1 answer:

Vesna [10]3 years ago

3 0

Answer:

CORRECT: It is easier to detect shrinkage in a periodic inventory system than in a perpetual inventory system.

Explanation:

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Portal/site/MKTG-301-30-S1-2122/tool/Acdab 156 4646-412-6727.63abf7286271/e/delivery/deliver Assessment

Mekhanik [1.2K]

Answer:

this is the community his work about the system so he cannot ans this question sorry

3 0

2 years ago

The Digby Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expec

Igoryamba

Answer:

$4,908,000

Explanation:

The computation of accumulated depreciation expense for this purchase is shown below:-

Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)

= (($40,900,000 - $4,090,000) ÷ 15) × 2

= $36,810,000 ÷ 15 × 2

= $4,908,000

Therefore for computing the depreciation expense we simply applied the above formula.

6 0

3 years ago

The decision-making process followed by consumers to maximize utility assumes thatA. consumers do not know how much marginal uti

Dmitry [639]

Answer:

The correct answer is option C.

Explanation:

The decision-making process followed by consumers assumes that consumers are rational beings who are trying to maximize their satisfaction using their limited income.

So these consumers will consume the good or combination of goods that maximize their total utility derived from the consumption of these goods.

The consumers have limited income, they are aware of the marginal utility they derive from the consumption of an additional unit and they are also able to rank their preferences.

3 0

3 years ago

All of the following statements about decision style are true EXCEPTA) autocratic styles are authority-based.B) decision styles

notka56 [123]

Answer:

B. decision styles are consistent among top managers

Explanation:

Decision making styles differ between managers. Many managers exercise autocratic style which is authoritative wherein very limited inputs from the subordinates are taken and there is little scope for constructive advises.

In heuristic style, the strategies help managers to take clear cut decisions in a prompt manner. In such a form, decisions are arrived at quickly.

Managerial decision making methods differ from manager to manager and are an outcome of managers own judgement and demeanor.

Hence it is evident from above points that decision styles are not consistent among top managers.

5 0

3 years ago

Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 5,900 shares of its own common st

Nikitich [7]

Answer: See explanation

Explanation:

The journal entry to record the transaction for Sherman systems will be:

Oct-11

Debit Treasury Stock (5,900 × $34) =

$200,600

Credit Cash = $200,600

(To record repurchase of 5900 own shares)

Nov-01

Debit Cash (1,225 × $40) = $49,000

Credit Treasury stock (1,225 × $34) = $41,650

Credit Paid in capital-Treasury Stock = $7,350

(To record sale 1225 shares from treasury stock)

Nov-25

Debit Cash (5,900-1,225) × $29) = $135,575

Debit Paid in capital-Treasury Stock = $7,350

Debit Retained earnings = $16,025

Credit Treasury stock (5,900-1,225) × $34) = $158,950

(To record sale balance from treasury stock)

7 0

2 years ago