Explanation:
The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.
Answer:
Group of choices:
a. strategic planning group
b. steering committee
c. quality board
d. performance management team
The correct answer is b. steering committee
.
Explanation:
The organizations by Committee consist of assigning the various affairs of the administration to a body of people that meets and is responsible for discussing and making common decisions about problems entrusted to it.
The committees are classified into:
- Executive: Represents the shareholders of a company, his job is to deliberate and resolve the issues that arise in the organization.
- Executive; He is appointed by the steering committee to direct the agreements they make in the organization.
- Surveillance: Presented by trusted personnel whose role is to inspect the work of company employees.
- Advisory: It is made up of specialists, who issue opinions on problems that are consulted.
Answer:
supply chain management.
Explanation:
based on the information provided within the question it can be said that the individuals who monitor these transactions are engaged in supply chain management. This role focuses on the movement of the company's goods and services including the steps that are taken from gathering materials to final production of the good or service that is being provided.
Answer:
See below
Explanation:
1. Returns on assets
= Annual net income ÷ Average total assets
Average total assets = beginning asset + ending assets ÷ 2
= ($80 million + $88 million) ÷ 2
= $84 miiliom
Return on assets = $13.4 million ÷ $84 million
Return on assets = $159.52
2. Profit margin
= Net income ÷ Net sales
= $13.4 million ÷ $114 million
= 11.75%
3. Assets turnover ratio
= Net sales ÷ Average total assets.
Recall Average total assets = $84 million
Average turnover ratio
= $114 million ÷ $84 million
= 1.36 times
Sorry I don’t understand this language
