Answer:
The correct answer is B. benchmarking.
Explanation:
Benchmarking is a continuous process by which the products, services or work processes of leading companies are taken as a reference, to compare them with those of your own company and then make improvements and implement them.
It is not about copying what your competition is doing, but learning what leaders are doing to implement it in your company by adding improvements. If we take as a reference those who stand out in the area we want to improve and study their strategies, methods and techniques for post
I think the correct answer from the choices listed above is option C. Managerial accounting generates information for use outside the organization. <span>By </span>using<span> managerial accounting </span>information<span>, both managers and employees can evaluate how well they have done in the past and </span>what<span> they can expect in the future.</span>
Complete question :
Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. Calculate Eddie's commission.
Answer:
$717.20
Explanation:
Given that :
Percentage commission earned on sale = 12%
Cost of items sold this week:
Couch = $1234
Bedroom suite = $1789
Chair = $563
Total cost of items :
($1234 + $1789 + $563) = $3586
Commission of 20% on sales :
20% of $3586
0.2 * $3586
= $717.20
Answer: The answer is given below
Explanation:
The purchases journal is an accounting book which takes record of all the acquisitions that are made on credit a a particular period of time. It is a record which keeps track of the vendors that a company is owing using accounts payable or vendor credit and also the current balance that the company owed each vendor.
The transactions above has been recorded in the purchases journal. Kindly check the attached document for further information.