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Eddi Din [679]
3 years ago
11

Orlando has a bank statement balance of $414.25 and $5.90 service charge. His check register shows $374.16 and he has two outsta

nding checks of $26.54 and $21.78.What should Orlando do with his checkbook balance?
Business
1 answer:
laiz [17]3 years ago
6 0

Answer:

$365.93

Explanation:

The computation of the checkbook balance is shown below:

= Balance of bank statement - first outstanding check amount - second outstanding check amount          

= $414.25 - $26.54 - $21.78

= $365.93

In order to determine the check book balance, we deducted the two outstanding checks from the bank statement balance

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Lisa [10]

Answer:

The correct answer is True.

Explanation:

Cost allocations move costs and revenues between cost types, cost centers and cost objects. You can define as many assignments as you need. Each assignment consists of:

- An origin assignment.

- One or more assignment destinations.

The allocation source establishes what costs should be allocated, and the allocation destinations determine where the costs should be allocated. For example, an origin of allocation may be the costs of the type of cost Electricity and Heating. Assign all electricity and heating costs to three cost centers: Workshop, Production and Sales. These cost centers are the allocation destinations.  

For each assignment source, you can define an assignment level, a validity period and a variant as a group identifier. You can use a batch job to define filters to select assignment definitions and then run cost assignments automatically.

4 0
3 years ago
Which of the following is least likely to be considered a substantive procedure relating to payroll?a. Investigate fluctuations
siniylev [52]

Answer: <em>Option (D) is correct.</em>

From the given options, the following is least feasible to be taken in consideration as a substantive practice relating to payroll: <em>Test whether employee time reports are approved by supervisors.</em>

<em>Payroll commonly is a term that is referred to as the cumulative sum of money that an organization pays to an individual. It can also be stated as  organization's records of individual's salaries, bonuses, and taxes. </em>

<em>Therefore it'll be futile to take in consideration "whether employee time reports are approved by supervisors", as a substantive procedure relating to payroll.</em>

5 0
3 years ago
The CEO of a small but growing sports equipment firm has just announced that sales went up significantly last year. The marketin
Lelu [443]

Answer:

percentage-of-sales approach

Explanation:

As the volume of business revenue increases, the percentage of advertising investment over revenue may decrease. The US Small Business Administration recommends between 7% and 8% if sales are less than $ 5 million a year and the net margin is between 10% and 12%.

It seems logical to determine the cost of what we invest in selling, in relation to the sales we are having, for example, the oil companies allocate a penny for each liter of gasoline they sell.

The logic is maintained if we consider that we will never get out of what the company can really afford, our relationship with CFOs will be one of love at first sight, we look great in presentations to management and promote stability.

Of course it does have bad points, and the first is that its approach is wrong because marketing and communication are not necessarily linked to sales.

3 0
3 years ago
Read 2 more answers
Introduce national employment with its importance and examples​
podryga [215]

Answer:

national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.

Explanation:

Types of employment

Full-time and part-time employees.

Casual employees.

Fixed term and contract.

Apprentices and trainees.

Commission and piece rate employees.

4 0
3 years ago
The ________ ratio measures the extent to which a firm is able to cover its short-term obligations (usually defined as obligatio
borishaifa [10]

Answer:

b. current

Explanation:

current ratio

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