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Virty [35]
4 years ago
8

Claudia, a senior accountant, likes to work on her own and hence does not come out as a team player. She takes up all the work t

hat may or may not be allotted to her. Instead of getting work done by her subordinates, she prefers to do it herself. In this scenario, which of the following is the most evident management mistake being committed by Claudia?A) Overmanaging
B) Being overly ambitious
C) Insensitivity to others
D) Inability to staff effectively
Business
1 answer:
MrMuchimi4 years ago
8 0
Overmanaging is the most evident mistake Claudia made as a senior accountant.
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The Income Statement is also known as the company's financial condition at a specific point in time. A : True B : False
sukhopar [10]

Answer:

A : True

Explanation:

  • The income statement is also called as a profit and a loss statement and is called a revenue statement and is transformed into the net income and the net profits and is to show the managers and the investor whether the company is making a profit and represent over a period of time.
3 0
3 years ago
Assume the perpetual inventory; system is used unless stated otherwise. Round all numbers to the nearest whole dollar unless sta
Bingel [31]

Answer: Check attachment

Explanation:

In the attachment, note that:

On July 14:

Account payable was calculated as:

= $4400 - $300

= $4100

Merchandise Inventory = $4100 × 2%

= $4100 × 2/100

= $4100 × 0.02

= $82

Cash = $4100 - $82 = $4018.

Check attachment for further explanation.

7 0
3 years ago
The following information is available for Rodriguez Industries:
shepuryov [24]

Answer:

$183,200

Explanation:

Given that,

Direct labor = $86,000

Total current manufacturing costs = $381,000

Manufacturing overhead is applied to production:

= 130% of direct labor cost

= 1.30 × $86,000

= $111,800

Total manufacturing costs = Direct material + Direct labor + Manufacturing overhead.

$381,000 = Direct material + $86,000 + $111,800

Direct material = $381,000 - $86,000 - $111,800

                         = $183,200

Therefore, the amount of direct materials used in production is $183,200.

8 0
3 years ago
What is a beneficiary? Question 50 options: The person who files insurance claims on your behalf The person who determines wheth
Zina [86]
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured.
6 0
3 years ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

(To record the return on the books of the seller)

6 0
3 years ago
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