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Svet_ta [14]
3 years ago
7

Elements within the requirements listing tables that should be reviewed annually under the internal control program will include

, as a minimum
Business
2 answers:
MAVERICK [17]3 years ago
4 0

I believe the correct answer to this is:

<span>As a minimum “Property accountability, Controls of small arms repair parts and hand tools, the receipts of petroleum products, the reduction of Army excess and its cause, and DODAAC directory update process”.</span>

Zigmanuir [339]3 years ago
3 0

As a minimum “Property accountability, Controls of small arms repair parts and hand tools, the receipts of petroleum products, the reduction of Army excess and its cause, and DODAAC directory update process”.

By doing this, the internal reviewer could see the amount of supply or materials that had been used for military purposes annually, and ensure that the budget that has been allocated from the tax payer money to the military budget is used in efficient manner.

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Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
avanturin [10]

Answer and Explanation:

The computation is shown below:

a. The productivity in terms of sales revenue / labor expense:

Sales revenue = Units sold × sales price

= 1,217 × $1,700

= $2,068,900

Labor expense = Total labor hours × wage rate

= 4,6672 × $12

= $560,064

Now sales revenue to labor expense is

= $2,068,900 ÷ $560,064

= 3.69

2. Total productivity

As we know that

Total productivity =Output ÷ (labor + material + energy)

= ($2,068,900) ÷ ($560,064 +  $60,000 + $4,000)

= $2,068,900 ÷ $624,064

= $3.315

3 0
2 years ago
Which of the following accounts is not closed? Question 3 options: A. Depreciation expense B. Dividends C. Service revenue D. Ac
larisa [96]

Answer:

The answer is D. Accumulated depreciation

Explanation:

Accumulated depreciation is the sum total of the depreciation recorded for certain assets.

6 0
3 years ago
Departmentalizing decisions increases the risk of __________ leading to a poor decision.
MAXImum [283]

Answer:

Bounded Rationality

Explanation:

To begin with, it is essential to understand the concept of departmentalization.

Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.

Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.

Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.

6 0
2 years ago
Read 2 more answers
In a competitive market with identical firms, A. firms cannot earn positive economic profit in either the short run or long run.
Ksenya-84 [330]

Answer:

The answer is C.

Explanation:

In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.

In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.

4 0
2 years ago
Foster Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follows: D
olasank [31]

Answer:

$25,000 increase

Explanation:

Cost of Manufacturing                                                           Amount

Direct Materials                                                                    $150,000.00

Direct Labor                                                                          $240,000.00

Inspecting products                            60,000 x 0.90              $54,000.00

Providing Power                       30,000 x 0.90                      $27,000.00

Providing Supervision           40000 x 0.60                              $24,000.00

Setting up Equipment                    60000 x 0.50              $30,000.00

Moving Materials                           20,000 x 0.50               $10,000.00

Total                                                                                    $535,000.00

Buying Cost                                  (20000 x 25.50)             $510,000.00

Incremental Saving by Purchase ( $535000-$510000)      $25,000.00

3 0
3 years ago
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