Answer:
provide a subsidiary ledger for the finished goods inventory account
monitor costs incurred to date and to predict and control costs for each job
provide a permanent record for the cost of goods sold account
Explanation:
job cost sheet is a recording of all expenses that should be related to the job segment or an individual job.
Also it give the subsidiary ledger for the finished goods. It checks the cost that should be incurred till date and to predict and control the cost. Moreover, it gives the permanenet record for the cost of goods sold
These 3 above statements should be considered
Answer:
C. biased, understating the effectiveness of the diet.
Explanation:
As the company promises the population of America which is too huge, just on the study based on 20 employees of the company itself.
This clearly means that the company is trying to sell the product with false reports as the sample size of study is to small to represent entire American Population.
Further that too the employees could be influenced to get the false results.
As since the employees could be influenced and that the results can be altered accordingly, the report is biased, and is misleading.
Answer:
letter of credit
Explanation:
A bank letter of credit (LC) is the most common way in which international transactions are carried out since it is regarded as a very secure method of payment for both the seller (Delios trading) and the buyer (Abe imports).
A LC is issued by the buyer's bank and it guarantees the payment to the seller's bank if certain documents and conditions are presented and satisfied. In international trade these conditions are basically that certain amount of a certain good are delivered, delivery must be done by certain date, the goods must conform to certain characteristics.
This way the payment for the transaction is carried out by an independent third party (the bank) after the seller provides all the necessary paperwork that proves that the LC's requirements were met.
Answer:
A. Money Market checking account
Explanation:
A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.
Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.
In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.
It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.
