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hichkok12 [17]
4 years ago
8

A job-cost record uses information from:

Business
1 answer:
Nesterboy [21]4 years ago
3 0

Answer:

All of these answers are correct.

Explanation:

a receiving report that indicates the type and quantity of each item received in an order from a supplier

<u>That is correct </u>The materials will be diferent for each jobs, so it is important to have a list of the goods availalbe

a materials requisition record to record raw material purchases from suppliers

<u>That is correct </u>The materials will be request and recorded for the job used

a labor-time card to record an employee's wage rate and hours spent on a particular job

<u>That is correct </u>The employee will assing their hours to each job.

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Sheridan Company sells merchandise on account for $3400 to Carla Vista Company with credit terms of 1/10, n/30. Carla Vista Comp
kotegsom [21]

Answer:

Net receipt on the check = $2,574

Explanation:

As the merchandise is sold on the basis on credit with therms as follows:

Discount of 1% if payment made within 10 days, and total credit period allowed = 30 days.

As for the given instance the the total sales was amounting to $3,400

Now, from this inventory worth $800 is returned.

Net sales = $3,400 - $800 = $2,600

Thereafter it is provided that payment is made within 10 days that is the discounted period, thus, net cash received against such sales shall be = Net sales - 1% discount of net sales

= $2,600 - ($2,600 \times 1%)

= $2,600 - $26

= $2,574

7 0
3 years ago
To reduce the effects of crowding out caused by an increase in government expenditures, the Federal Reserve could
Alexxandr [17]

Answer:

D) Increase the money supply by buying government securities

Explanation:

When public investment crowds out private investment, it is because the government is making use of all, or most of the supply of loanable funds in the economy. This causes the interest rates to rise, making it more expensive for the private sector to borrow and invest.

The Central Bank can step in and help solve this problem by lowering the interest rate. It can do so by buying government securities. The money used to buy these securities enters the economy, making the money supply grow, including the supply of loanable funds, causing the interest rate to fall.

8 0
3 years ago
5. Describe two risks involved in banking, and explain how banks can protect against those risks. (2
MAXImum [283]

Answer:

The two risks are liquidity risk and market risk.

Explanation:

The liquidity risk is the risk that the company will not be able to refinance its liability and this is the most important risk for the banking sector. The financial health of the organization when get worsen the company finds it impossible for it to refinance its liabilities. This has greater effects on the organization's operations.

The market risk is the risk due to the losses of the bank's trading and this is because the interest has moved un favorable in the country in which the bank is operating. The risk also includes its investment in forex, stocks, etc.

5 0
3 years ago
Ok. if a person had a 1-7 IQ would you still date them?
zhenek [66]

Answer:

I dont think so no loooool

3 0
3 years ago
In a retail cash sales environment, which of the following controls is often absent?
JulijaS [17]

Answer:

The correct answer to the following question is option b) Separation of functions.

Explanation:

In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.

Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.

6 0
3 years ago
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