When examining whether a company has underrecorded accounts payable, each of the following ratios is helpful except:

A quantitative job evaluation procedure that determines a job's relative value on the basis of quantitative assessments of speci

ololo11 [35]

Answer:

A. The Point system

Explanation:

Job evaluation is the process of comparing the the value of a job in relation to other jobs. It compares jobs, to assess their relative worth for the purpose of establishing a rational pay structure.

The point system is a type of quantitative job evaluation procedure that breaks down job based on various identifiable factors such as skill, effort, training, knowledge, hazards, responsibility, etc. Thereafter, points are allocated to each of these factors. In this method of job evaluation, each factor is given weight based on their importance in performing the job. thereafter, points allocated to each of the are then summed and the job pay is allocated based on the total points of each job.

8 0

3 years ago

Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe h

LenKa [72]

Answer with Explanation:

<h2><u>Requirement 1:</u> </h2>

1. Profit Organization

The aim of profit organization is to maximize the wealth of shareholders by increasing its profits. The owners of the company get dividends and appreciation in the value as a return from the company.

2. Nonprofit Organization

The primary mission of Non-profit organization is to benefit the community by helping them and the earnings generation is not the primary goal of the company. ACCA is an entity that delivers quality education to its students and also earns profit on it but the profit margin kept is as low as possible to keep its operation running. Other examples are Rolex, NGO's, National Health Institutes, etc.

In other words, these institutes are for charitable purpose and their primary objective is not making profits.

Key Difference Between Profit Organization and Non-profit Organization

A profit organization's primary objective is to maximize profits whereas the Non profit organizations work for delivering services and products that helps in uplifting the society from their donations.
A profit organization is registered as a sole proprietorship or partnership or a corporation. Whereas Non profit organization is registered as a charity club, association of person, trust, corporations, etc.
Usually major source of income of Non profit organization comes from donations, government and corporation grants, subscriptions, etc. Whereas the major source of profit organization is income generated from the sale of goods and services. Non profit organization - the major incomes are donation, grant, legacies, subscription, etc.

Requirement 2:

Profit making organization have to publish all financial statements which includes income statement, balance sheet, cash flow statement, statement of changes in equity, etc whereas the non profit organization only publishes balance sheet and cash flow statement. If the Non profit organization is involved in selling of products and services then the organization will also have to prepare income statement.

The non profit organization doesn't pays andy dividends as it is a charity firm and all it does is, it spends it money for the welfare of the community. Whereas the profit organization have to retain a share of earned profits and then distributes the remainder to shareholders.

The profit making organization publishes changes in equity statement whereas the charitable firm is not required to publish such things because its primary objective is to spend on the welfare of the community.

8 0

3 years ago

Oliver's company is planning the launch of their hybrid cars. The company has included "never-before-seen product benefits in th

zmey [24]

Oliver's company should use Guerrilla advertising for the new cars.

<u>Explanation: </u>

Guerrilla advertising has gained prominence over the last 20 years, also defined as ambient advertising.

For something unusual, it is a common term that typically encourages the user to take part or to engage in a way with it. Place, like time, is critical.

Creative ideas and creativity are the driving forces behind clandestine advertising and marketing, not a massive budget. Very often with these promotions you will ask for forgiveness, not permission, and will distribute it through word of mouth and social media.

For example, use of promotional campaigns, viral videos, and graffiti stencils.

4 0

3 years ago

tổng giám đốc của một doanh nghiệp sản xuất so sánh lợi nhuận của doanh nghiệp trươc và sau thời điểm đầu tư một dây chuyền sản

Nikitich [7]

Answer:

https://dangcongsan.vn/bao-ve-nen-tang-tu-tuong-cua-dang/quan-he-san-xuat-cua-chu-nghia-tu-ban-duong-dai-nhung-gioi-han-khong-the-vuot-qua-589669.html

8 0

2 years ago

The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the indu

yan [13]

Answer:

4.50%

Explanation:

Note:<em> Question is incomplete but very similar one is attached as picture below</em>

Current ROE = Net Income / Equity = $21,000 / $280,000 = 7.50%

Current Inventory = $210,000

Target Current ratio = 2.70

1. Current assets at target Current ratio = Current Liabilities * Target current ratio = $70000 * 2.70 = $189,000

2. Reduction in Inventories = Present Current assets - Current assets under target current ratio

Reduction in Inventories = $14000 + $70000 + $210000 - $189000

Reduction in Inventories = $105000

3. Reduction on common equity using sale of inventory = Current Equity - reduction

Reduction on common equity using sale of inventory = $280,000 - $105,000

Reduction on common equity using sale of inventory = $175,000

4. Change in ROE = New ROE - Current ROE

Change in ROE = [21000 / 175000] - 7.50%

Change in ROE = 12% - 7.50%

Change in ROE = 4.50%

4 0

2 years ago