What does it mean to be signed to a label?

As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. Each correction needs the reaso

igomit [66]

Answer: See explanation

Explanation:

Based on the information given, we are informed that the co-worker has recorded a cash receipt twice and wants the full time bookkeeper to record a correcting entry that will reverse the mistakes.

Before making a decision about the correcting entry, it is necessary to check the entry and cross check the balances for sales and cash. One has to also check the receipts and every other necessary details in order to make sure that the transaction is genuine and not fraudulent.

After the through check, if the person is sure and confident that everything is okay, then the correcting entry can be made.

3 0

3 years ago

flextime means that the employee has complete control over their work hours and can work anytime of the day or night for as many

xxMikexx [17]

A work arrangement known as "flextime," or "flexible time," gives employees control over when they begin and end their workdays.Flextime gives workers a chance to better manage their time as they strive for a better work-life balance.

Flexible scheduling, also known as flextime, is a type of work schedule that lets employees set their own hours of operation within predetermined parameters. Periodic basis; negotiated the times of start and finish. shortened workweek.

What policy governs flextime?

A schedule known as flex time, flextime, or flexible time allows employees to alter the beginning and end times of their workdays. An employee can adjust their schedule in response to life events like doctor's appointments with flextime. The employer is entirely in charge of flextime.

Learn more flextime here:

brainly.com/question/26614549

#SPJ4

6 0

1 year ago

In its first month of operations, Cheyenne Corp. made three purchases of merchandise in the following sequence: (1) 185 units at

Dimas [21]

Answer:

a. $1,375

b. $1,240

Explanation:

FIFO method

FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on earlier purchases

Inventory = 185 x $5 + 75 x $6

= $1,375

LIFO method

LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases

Inventory = 130 x $7 + 55 x $6

= $1,240

7 0

3 years ago

After much deliberation you decide to pay $8.00 to get one dozen of kk donuts for breakfast this friday instead of spending the

alexdok [17]

<span>The opportunity cost is $8 for buying the dozen donuts. Even though the prices are the same, there is still the cost of the foregone entertainment that will not be enjoyed because of the purchase of the donuts. Had the donuts not been purchased, one would have gone to see the movie, and now this will not happen due to the donut purchase.</span>

7 0

3 years ago

The problem now is to decide which contractor to choose.B has indicated that for another $20 million he could do the job in 18 m

Ede4ka [16]

Question: The question is incomplete. See the full question below and the answer.

You are an up-and-coming developer in downtown Seattle and are interested in constructing a building on a site you own. You have collected four bids from prospective contractors. The bids include both a cost ($millions) and time to completion (months):

Contractor Cost Time

A 100 20

B 80 25

C 79 28

D 82 26

The problem now is to decide which contractor to choose. B has indicated that for another $20 million, he could do the job in 18 months, and you have said that you would be indifferent between that bid and the original proposal. In talking with C, you have indicated that you would just as soon pay her an extra $million if she could get the job done in 26 months. Who gets the job? Explain your reasoning. (It may be convenient to plot the four alternatives on a graph.)

Answer:

See the explanation for the answer and find attached of the graph.

Explanation:

So we draw a regression line of Time vs Cost and best fit a curve based on the data given, given in the above figure. The four alternatives are marked in the figure as well. Our main objective is to reduce both time and cost, but that might not be possible So the best thing would be to look for alternatives which lie below the line. If C gets an extra million, then that point would come below the regression line, and it would be a better alternative than D, because for the same time we are getting the job done at a cheaper cost.

Also if B is paid extra 20 million, that point also comes below the regression line, and hence will be a better alternative than A because for the same cost again we are getting the job done earlier. We need to choose between B and C. Now in order to optimise both cost and time, we need to choose a point close to the middle point of the regression line segment in 1st quadrant. We see that C is much more closer to the middle point and hence seems like a better option.

So we choose C as our contractor if we consider B's alternative bid, but if we do not consider B's alternative bid and stick to the original one, we choose B as our contractor.

8 0

3 years ago