Answer:
a. Office Supplies Expense a/c Dr. $750
Explanation:
We are provided that office supplies are recorded as an expense, in that case entry will be:
Office Supplies Expense A/c Dr.
To Cash A/c
After this, there is a valuation of closing balance of supplies in hand.
As per books = $4,000
As per inventory of supplies in hand = $4,750
The difference = $4,750 - $4,000 = $750
This will be recorded in Office supplies expense as in this account only the supplies are recorded.
Therefore correct option is
a. Office Supplies Expense a/c Dr. $750
Answer:
A reduction of top management's control of the budget process to one of oversight.
Explanation:
Budgeting can be defined as a financial plan which helps different organizations in the control of their various revenues. Budgeting can also be described as a forecast of how much a company expect to sell and also how much they expect to spend on various costs.
Advantages of budgeting include:
- It helps an organization to achieve their objectives and goals.
- It helps businesses to decide on essential areas to channel their resources to.
Disadvantages of budgeting include:
- a budget may be inaccurate because it is prepared on the basis of assumptions.
- it is expensive and consumes a lot of time.
Answer:
when to switch marketing campaigns to international markets.
Explanation:
Customer relationship management systems (CRM) is a tool that is used to manage customer relationship, and also is used to gain insight into customer behaviour is the sales process. For example the new CRM system implemented by the BugZapper company is giving insight into the customer sales process as well as what time of year their product goes dormant in sales in the U.S. but picks up in South American countries.
The insight gained can be used to determine when campaigns can be switched to the international market.
Answer:
B. Employers
Explanation:
Under the Occupational Safety and Health Administration (OSHA) laws; it is the employer's responsibility to provide employees with a safe workplace. To ensure employees are safe, OSHA has issued employers with rules, which include.
- Provide a workplace free of any dangers
- Examine workplace to make conditions are safe for working
- Ensure employees have and are using personal protective equipment. PPE
- Make sure employees have and make use of safe tools and equipment. The tools should be properly maintained at all times.
- Ensures employees are well trained on safety measures
- Use color codes and sign to mark dangers areas.
Based on OSHA regulations, the employer should not only provide the ladder but should also make sure it well maintained.
