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mrs_skeptik [129]
3 years ago
13

The voucher system of control: Multiple Choice Is a set of procedures and approvals designed to control cash receipts and the ac

ceptance of obligations. Establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement. Establishes procedures for receiving checks for the sale of verified, approved, and recorded activities. Applies only when multiple purchases are made from the same supplier. Is required in large companies but not beneficial for small to mid-sized companies.
Business
1 answer:
Evgen [1.6K]3 years ago
4 0

Answer: Establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement.

Explanation:

The voucher system control is used to ensure that cash will only be spent on the purchases that are authorized.

The voucher system of control establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement.

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If the firm sells its product at the market price of $10 per unit, how many workers should the firm employ to maximize profit if
Bingel [31]

Answer:

the data regarding output and the quantity of labor is missing, so I looked for a similar question and found the attached image.

if one employee is hired, total production = $80, and total cost = $55

if two employees are hired, total production = $150, and total cost = $110

if three employees are hired, total production = $210, and total cost = $165

if four employees are hired, total production = $260, and total cost = $260

hiring <u>four employees</u> should maximize profits since MC = MR

7 0
2 years ago
Esteem needs are the highest level in Maslow's hierarchy of needs. True False
Anit [1.1K]

Answer:

False

Explanation:

Maslow's hierarchy of needs is a motivational theory which passes through five types of needs that are presented below:

1. Physiological needs: These are the needs which are for survival i.e food, cloth, home, air

2. Safety needs: This need represents security and safety with respect to personal, financial, etc.  

3. Social needs: These needs depicts that an individual is interested in social groups or not. It helps the person not to feel isolated, alone, etc

4. Esteem needs: The esteem needs represent the respect he or she getting  

5. Self-actualization needs: As the name suggests, it is self-actualizing so that the person gets to know about his potential

The chart shows from 5 to 1 i.e self actualization to physiological needs

7 0
3 years ago
Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to bo
Sholpan [36]

Answer:

B. Investment Y has a higher present value.

Explanation:

The cash inflows are given in the question for Investment X and Investment Y

Plus we know that the cash inflows and the number of years has an indirect relation

That means if the cash flows are the same for year 1 and 2 and in year 3 and year 4 so year 1 and year 2 present value would be higher as compared with the last year present value

Since in the question Investment Y has higher cash inflows in starting year but in Investment X has higher cash inflows in last year that interprets Investment Y has a higher present value

8 0
3 years ago
Adam was found to have used his license to procure insurance for relatives and it was also discovered that he was issuing rebate
Temka [501]

Adam's license will be suspended or revoked. It's because he was determined to have used his license to obtain insurance for family members and because it was found that he was giving insureds rebates.

After being found guilty of a significant traffic infraction, failing a road test, or providing false information on a government form, a license is frequently cancelled. One of the best rights is the ability to drive, therefore it's critical to understand whether your license is suspended or revoked as well as your options if it is. An "Administrative Review Suspension" is a unique classification of suspension used in several jurisdictions. This is given to persons whose medical conditions make it risky for them to operate a motor vehicle. Before relieving the suspension, the DMV may occasionally require written confirmation from the physician.

#SPJ4

4 0
2 years ago
Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300
luda_lava [24]

Answer:

Income Statement  

Sales  $7.500  

Salaries expense -$1.300  

Utilities expense -$1.100  

Net Income  5.100  

Explanation:

5 0
3 years ago
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