Answer:
Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?
- Yes, a perpetual inventory system provides updated information about inventory levels and costs. Since it is updated immediately, many of the company's problems could be solved, e.g. you can place an alert for minimum inventory levels on certain products and you can determine if the stocks of low sellers are too high.
Will switching to a perpetual inventory system eliminate the need for a physical inventory count?
- It will not completely eliminate the need to carry out a physical inventory, but it should reduce it substantially. Also, you can carry out a random physical inventory for certain products only. If the physical count shows that there are problems with the registered inventory, then you can carry out a complete physical count.
The answer is "HIV/AIDS".
HIV stands for Human immunodeficiency virus infection and refers to a virus or infection that attacks on our immune system and on the off chance if it is untreated, immune system of a person will be totally demolished. AIDS stands for acquired immune deficiency syndrome and alludes to a set of indications and diseases that happen at the exceptionally last phase of HIV contamination. Testing routinely for HIV implies you can get to treatment if you require it and remain healthy.
Answer:
d.Assets $40,000; liabilities $55,000
Explanation:
Insolvent: When the person is not able to pay its debts. The maximum money will be recovered from his estates as the person is not in the position to pay its dues.
From the above options, option d is the most appropriate option as the liabilities consisted of a large amount whereas the asset values are of less amount.
Answer: The correct answer is "clearly know what you are talking about.".
Explanation: One of the ways of transmitting competence to your audience when making a presentation is to know clearly what you are talking about because when you are really introduced to a topic and know with certainty and clarity what you are talking about, it is noted and you have a greater facility to explain that topic and transmit it to others.
