Ask question

Ask question

All categories

3 years ago

14

Jack graduated from enormous state university with a degree in accounting. he was immediately hired as an auditor by beene kount

er associates and placed in their management training program. this program is an example of:

1 answer:

Tamiku [17]3 years ago

4 0

<span>Probationary period undergoing the training program. A person is new to the job and learns the job that he undergoes everyday.</span>

You might be interested in

A local college is deciding whether to conduct a campus beautification initiative that would involve various projects, such as p

Naily [24]

According to the stats, administration would not be willing to beautify the campus as the cost of the beautification is higher than the money that students are collectively willing to pay.

As per the survey, there are 300 students. Each of them is willing to pay $11. so collectively the money that can be raised is $3300. Where as the amount for the beautification of the campus is $4400. There is a gap of $1100. That administration would definitely not willing to pay. So they will decline the campus beautification initiative.

6 0

3 years ago

Read 2 more answers

An economy that has the lowest opportunity cost for producing a particular good is said to have a(n): A. absolute advantage. B.

jok3333 [9.3K]

Answer:

B. comparative advantage

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, country A produces 20 kg of beans and 5kg of rice. Country B produces 5kg of beans and 20kg of rice.

for country A,

opportunity cost of producing beans = 5/20 = 0.25

opportunity cost of producing rice = 20/5 = 4

for country B,

opportunity cost of producing rice = 5/20 = 0.25

opportunity cost of producing beans = 20/5 = 4

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

4 0

3 years ago

Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISE

Slav-nsk [51]

Answer:

The cash flow from assets for the year is $3,522

Explanation:

Computation of the cash flow from assets for 2019 is shown below:

= Operating cash flow - net capital spending - changes in working capital

where,

Operating cash flow = EBIT + depreciation - income tax expense

The EBIT = Sales - cost - depreciation expense

= $12,991 - $5,843 - $1,034

= $6,114

And, the income tax expense = (EBIT - Interest) × tax rate

= ($6,114 - $146) × 32%

= $1,909.76

So, the operating cash flow = $6,114 + $1,034 - $1,909.76

= $5,238.24

Net capital capital = ending fixed assets - beginning fixed assets + depreciation

= $4,297 - $3,712 + $1,034

= $1,619

Changes in working capital = (ending balance of current assets - ending balance of current liabilities) - (beginning balance of current assets - beginning balance of current liabilities)

= ($946 - $493) - ($931 - $375)

= $453 - $356

= $97

Now put these values to the above formula

So, the value would equal to

= $5,238.24 - $1,619 - $97

= $3,522

3 0

3 years ago

The ledger of Umatilla, Inc. on March 31, 2022, includes the following selected accounts before adjusting entries.

alexgriva [62]

Answer:

1. Dr Insurance expence $300

Cr Prepaid insurance $300

2. Dr Supplies expense $1,600

Cr Supplies Asset $1,600

3. Dr Depreciation expense $200

Cr Accumulated Depreciation $200

4. Dr Unearned Service Revenue $4,000

Cr Service revenue $4,000

Explanation:

Preparation for the adjusting entries for the month of March.

1. Dr Insurance expence $300

Cr Prepaid insurance $300

(Being to record expired Insurance)

2. Dr Supplies expense $1,600

Cr Supplies Asset $1,600

($2,500+$900)

(Being to record Supplies on hand)

3. Dr Depreciation expense $200

Cr Accumulated Depreciation $200

(Being to record Depreciation of equipment)

4. Dr Unearned Service Revenue $4,000

Cr Service revenue $4,000

(2/5*$10,000)

(Being to record two-fifths of the unearned service revenue)

6 0

3 years ago

Wesson Company sold 10,000 units of its only product in the first half of the year. If sales decrease by 15% in the second half

kipiarov [429]

Answer:

so here correct option is E Depreciation on equipment

Explanation:

given data

no of unit sold = 10000 units

sales decrease = 15%

solution

Depreciation on equipment cost will not change because

Depreciation on equipment is assumed to be fixed in nature

and it is not change with increase or decrease in sales

and all other cost given here is variable in nature and it depend upon sales or an production

so here correct option is E. Depreciation on equipment

8 0

4 years ago