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dmitriy555 [2]
3 years ago
14

Q 6.30: Rollins Technology is determining ending inventory. In the inventory process, Rollins inadvertently miscategorized a $9,

600 shipment of FOB destination goods in transit to a customer as FOB shipping point. What should Rollins do to correct this error?
Business
1 answer:
Musya8 [376]3 years ago
5 0

Answer:

Rollins Technology should the $9,600 inventory to the value of their inventory count

Explanation:

FOB destination means the goods become the buyer's when they are at delivery point,which means that until then they are goods of Rollins Technology

Mis-categorizing such goods as FOB shipping point implies that they were assumed to belong to the owners once shipped,all that is required is for the company to restate the value of the goods in transit by adding it back to the its inventory.

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The project manager has concerns about the software developer's project work in terms of quality and has spoken to the developer
Katen [24]

Available Options Are:

(A) Both focus on management responsibility, fulfillment of requirements, continuous improvement, prevention over inspection, and product excellence

(B) Both focus on management responsibility, continuous improvement, prevention over inspection, and customer satisfaction

(C) Both focus on management responsibility, fulfillment of requirements, continuous improvement, prevention over inspection, and customer satisfaction

(D) Both focus on management responsibility, continuous improvement, prevention over inspection, and product excellence

Answer:

Option B. Both focus on management responsibility, continuous improvement, prevention over inspection, and customer satisfaction

Explanation:

The quality management and the project management both are management study. Secondly, both of these focus on the improving the project quality and making it better in the every next step. Both management techniques prefer mistake prevention techniques over the continuous prevention which cost lower. These three things were common in all of the option above and are written in bold letters.

Option A is incorrect because fulfillment of requirements and product excellence is not part of project management though it is part of quality management.

Option B is correct because both project management and quality management says that customer satisfaction comes from quality output.

Option C is incorrect because fulfillment of requirements is not part of project management though it is part of quality management.

Option D is incorrect because product excellence is not part of project management though it is part of quality management.

8 0
3 years ago
Past costs that are not affected by new decisions are known as
salantis [7]
<span>Past costs that are not affected by new decisions are known as sunk costs. Sunk costs do not need to be taken into account when making new decisions because the money associated with it was already lost and it can not be regained. This money is lost by businesses due to bad decisions, such as poor investments.</span>
4 0
3 years ago
Read 2 more answers
Why do lean-agile leaders try to connect the silos of business, system engineering, hardware, software, test, and quality assura
geniusboy [140]
The Silo Mentality in a business is something that lean-agile leaders are trying to break down. The silos in a business prevent the free-flowing exchange of information within groups. This results in a Silo Effect, which in turn, limits interactions between members, teams, and departments. Having this mindset in place within a company reduces productivity.

As Lean-Agile Leaders, they are enablers for the different teams within a company and they're lifelong learners aiming to further develop the people in an organization alongside the organization itself. By connecting the silos business, system engineering, hardware, software, test, and quality assurance they can increase productivity & increase their rate of success.
4 0
3 years ago
What is the correct entry for a $100 purchase of supplies on credit? A. Debit Cash: $100 &amp; Credit Supplies: $100 B. Debit Ac
Vsevolod [243]

Answer:

c. Debit supplies $100 & Credit Account payable $100

Explanation:

Preparation of Journal entry for for a $100 purchase of supplies on credit

Since we were told that the amount of $100 purchased of supplies was made on credit which means that the correct entry will be :

Dr Supplies 100

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7 0
3 years ago
The feasibility of a multinational project from the parent's perspective is dependent not on the subsidiary cash flows but on th
neonofarm [45]

Answer:

True

Explanation:

Under multinational projects, a multi national company sets up a business unit in another country, known as subsidiaries, to benefit from factors such as cheap labor, better market for products, availability of resources, etc.

The subsidiaries set up at different nations, report their profitability to the parent as well as repatriate a portion of their profits earned.

Feasibility or viability of a multinational project depends upon the repatriated profits that the parent eventually receives from the subsidiary.

Subsidiary cash flows do not define the viability since the parent company's and host nation's currencies differ. Thus, a US parent company which has a subsidiary in Vietnam, would be only bothered of the US Dollars repatriated by such a subsidiary.

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3 years ago
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