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shutvik [7]
3 years ago
10

Internal control over a company’s assets should include which of the following?

Business
1 answer:
Xelga [282]3 years ago
4 0
All of the above should be the answer :)
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Zelenka Clinic uses client-visits as its measure of activity. During June, the clinic budgeted for 2,700 client-visits, but its
MatroZZZ [7]

Answer:

The administrative expenses in the planning budget for June would be closest to:

  • d. $5,670  ⇒ $5,400 + (2,700 x $0.10) = $5,400 + $270 = $5,670

The net operating income in the planning budget for June would be closest to:

  • c. $16,220  ⇒ ($47.80 x 2,700) - [$50,200 + (2,700 x $23.20)] = $129,060 - ($50,200 + $62,640) = $129,060 - $112,840 = $16,220

The medical supplies in the flexible budget for June would be closest to:

  • d. $18,440 ⇒ $1,700 x (2,700 x $6.20) = $1,700 + $16,740 = $18,440

5 0
2 years ago
Tamarisk, Inc. just began business and made the following four inventory purchases in June: June 1 162 units $972 June 10 216 un
Marta_Voda [28]

Answer:

Inventory= $1,890

Explanation:

Giving the following information:

Tamarisk, Inc. just began business and made the following four inventory purchases in June:

June 1: 162 units $972

June 10: 216 units  $1512

June 15: 216 units $1728 (1728/216=8)

June 28: 162 units $1458 (1458/162=9)

A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand.

FIFO (first-in, first-out)

Inventory= 162*9 + 54*8= $1,890

4 0
3 years ago
In a situation where the investor exercises significant influence over the investee, which of the following entries is not actua
Aneli [31]

Answer:

2) Debit to Cash (for dividends received from the investee), and a Credit to Dividend Revenue.

Explanation:

Whenever the investment is made in shares of a company where the investor can exercise significant influence, then equity method is used.

Under equity method, it is that all incomes of investee company are incomes of investor company.

And any amount of income received as a distribution is deducted from the carrying value of investment, as reduces the cost of investment.

Thus, any dividend received is debited and investment account is credited.

Dividend is never treated as dividend revenue.

Thus, option 2 is not correct.

7 0
3 years ago
The liaison role of a manager encompasses relationships with subordinates, including communication and influence, whereas the le
QveST [7]

Correct/Complete Question:

The liaison role of a manager encompasses relationships with subordinates, including communication and influence, whereas the leader role of a manager pertains to the development of information sources both inside and outside an organization. True or False.

Answer:

False

Explanation:

The role of a liaison manager is to maintain communication/information links inside and outside an organization while a manager in the leader role being one of the characteristics of a manager, involve the manager interacting directly and motivating subordinates as well as training subordinates.  

Cheers.

4 0
3 years ago
What is the best revision of sentence 6 to maintain a formal style? moreover, students will benefit from having the most current
leva [86]
The best option which contains a sentence with a perfect grammar structure is : M<span>oreover, students will benefit from having the most current information. This sentence in quite concise and includes only formal language. Formal style does not accept shortenings that you can see in the next option (info) and informal vocabulary (kids) that is placed in the third option.</span>
4 0
3 years ago
Read 2 more answers
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