Answer:
Explanation:
It's A and that's a very good definition, except I believe you lost a word. I think it should be a specific commodity or stock or bond at a specified date ...
Answer:
The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.
Explanation:
In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.
Answer:
Task identification/identity, feedback
Explanation:
Task identification, simply put, is the ability of an employee to understand his or job and its requirements.
Feedback on the other hand can also be simply said to be the response that is derived from a product use by consumers. Feedback helps to tell whether a product or firm is doing the right thing or there is room for improvement in its products or firm practices.
In the case of Anya, her job involves a great deal of task/job identification/identity as she has to be capable of envisioning the specifications of clients as well as requesting for feedback to ensure that she is doing exactly what the client wants.
Cheers.
The physical count is used to bring the inventory balance in the Inventory account up to date.furthermore, The actual count is utilized to decide whether there has been any burglary, misfortune, harm or mistakes in stock.
How is Days Sales of Inventory calculated?
Days Sales of Inventory is calculated as follows:Days Sales of Inventory = COGS x (Average Inventory x 365).
What exactly is Days Sales of Inventory, or DSI?
A financial ratio known as days sales of inventory (DSI) depicts the average number of days it takes a company to sell its inventory, including work in progress goods.
Learn more about Sales of Inventory here:
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Answer:
July 31
Shrinkage Expense $1,800 ($44,300 - $42,500)
Inventory $1,800 Reflects the loss on inventory account.
Explanation:
When the company conduct a physical inventory of their merchandise, most of the time there are discrepancies between physical counts and books values, then it's necessary to reflect that in the accounting,
The correct way is to reflect the difference as a loss in there is less units of goods or as profit if there more units, it's mostly a loss because of damage or theft.
To this case the total amount on the books on July 31 was $44,300 but when the physical counts was made the result was a total value of $42,500, the difference of $1,800 it's reported as a loss to the company in the income statement.