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3 years ago

The principal purpose of a voucher system is to provide assurance that

1 answer:

7 0

<span>The principle purpose of a voucher system is to provide assurance that all cash payments are approved before a check is issued. A voucher system is a way of internally controlling that helps prevent fraudulent withdrawals from a company by employees or people outside the organization. A voucher system organizes procedures to verify and approve cash disbursements, which is important because cash is vulnerable to theft. The voucher system helps guard a company's cash.</span>

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A customerâ€™s specification for weight of an antiseptic cream sold in plastic tubes is 4.00 ounces Â± 0.02 ounces. The target p

nasty-shy [4]

Answer:

Cp = 1.667

Cpk = 1.25

The filling process will deliver the customer's specifications since Cp > 1 and Cpk > 1

Explanation:

Given data:

Customer Specification 3.98 4.02

Process Average 4.005

Process Standard Deviation 0.004

<u>Calculate the Cp and Cpk values</u>

Cp = Δ customer specification / ( 6 * std )

= (4.02 - 3.98 ) / ( 6 * 0.04 )

= 0.04 / 0.24 = 0.1667 + 1 = 1.667

Cpk ( upper ) = ( 4.02 - process average ) / ( 3* std )

= ( 4.02 - 4.005 ) / ( 3 * 0.004 ) = 1.25

Cpk ( lower ) = ( process average - 3.98 ) / ( 3 * std )

= ( 4.005 - 3.98 ) / ( 3 * 0.04 ) = 2.083

Cpk = minimum value of Cpk = 1.25

3 0

3 years ago

How often do bondholders generally receive interest payments on their bond investment?

AURORKA [14]

Bondholders earn income in two primary ways. First, most bonds return regular interest—coupon rate—payments that are usually paid semi-annually. However, depending on the structure of the bond it may pay yearly, quarterly, or even monthly coupons.

6 0

3 years ago

Help plsssssssssss drag the names next to the correct statements

nata0808 [166]

The same thing the person above me said:)

3 0

2 years ago

The security market line is a positively sloped straight line that displays the relationship between expected return and _______

Svetllana [295]

Answer:

E) beta

Explanation:

The security market line (SML) can be regarded as a line that is drawn on a chart which represent the capital asset pricing model. And it allows to know the expected of security which can be attributed to the function of non-diversifiable risk as well as systematic

.It should be noted that The security market line is a positively sloped straight line that displays the relationship between expected return and beta

5 0

3 years ago

Feiler Corporation has total current assets of $493,000, total current liabilities of $357,000, total stockholders' equity of $1

Citrus2011 [14]

Answer:

The answer is C.

Explanation:

Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.

This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal

The formula for current ratio is:

Current assets/current liabilities

Total current assets is $493,000, Total current liabilities is $357,000

= $493,000/$357,000

=1.38

3 0

3 years ago