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3 years ago

A) provide funding flexibility to the purchaser.

Business

1 answer:

uranmaximum [27]3 years ago

6 0

Answer:

None

Explanation:

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Kindly input the complete question not just the options.

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JBC Customs only hires people who are curious and eager to learn as its managers believe that those are the two traits every emp

sashaice [31]

Answer: (D) Normative control

Explanation:

The normative control is refers to the process of governing the behavior and the values of the different types of standards and the norms. It basically handle all the financial, bureaucratic, financial and the quality related controls in an organization.

According to the given question, the normative control basically used by the JBC custom for the hiring process and the every applicant are carefully screen by an organization.

Therefore, Option (D) is correct answer.

3 0

3 years ago

In its proposed 2022 income statement, Hrabik Corporation reports income before income taxes $500,000, income taxes $100,000 (no

DaniilM [7]

Answer:

Explanation:

Statement of Comprehensive Income :

$ $

Income from continuing operation before tax 500,000

Income Tax (100,000)

After Tax Income from Continuing operation 400,000

Loss from discontinuing operation (60,000)

Gain on disposal of discontinuing operation 40,000

loss on discontinuing operation b/4 tax (20,000)

income tax benefit @ 20% 4,000

After tax gain on discontinuing operation (16,000)

Net Income 384,000

Unrealized loss on available-for -sale securities (150,000)

Other Comprehensive Income 234,000

8 0

3 years ago

Kilian Company's inventory balance at the end of the year does not include $10,000 of inventory that was stored in a separate wa

gizmo_the_mogwai [7]

Answer:

Understated net income by $10,000

Explanation:

Since closing stock of goods are added in general equation, of sales, that is in T shape account it is credited along with sales revenue, and that the closing stock increases the revenue.

In the given case closing stock is understated by $10,000.

Accordingly, Gross profit is also understated by $10,000.

For this the equation is:

Gross Profit = Sales - Cost of goods sold

Cost of goods sold = Opening Units + Purchases - Closing

Gross Profit = Sales - (Opening Units + Purchases - Closing)

Opening brackets will change the sign for each value

Gross profit = Sales - Opening units - Purchases + Closing units

Thus, Closing units are added and after all deductions, net income is computed and thus, net income is understated in current year by $10,000.

5 0

3 years ago

Randy agreed to join a biology study group. When the study group leader gave him her phone number, he had nothing on which to re

NARA [144]

Answer:

Rehearsal

Explanation:

The process Randy used to encode the number into longer-term memory is called rehearsal

4 0

2 years ago

You must complete parts 1, 2, 3, 4, 6, 7 and 8 before attempting to complete part 9. Part 5 is optional.

Crank

Answer:

Sales (Dr.) $45,000

Income Summary (Cr.) $45,000

Income summary (Dr.) $63,900

Advertising Expense (Cr.) $1,200

Rent expense (Cr.) $5,600

Office Supplies Cost (Cr.) $9,800

Insurance Expense (Cr.) $7,000

Sales Returns (Cr.) $2,900

Interest Expense (Cr.) $3,200

Cost of Goods sold (Cr.) $27,500

Selling and administrative expense (Cr.) $6,700

Income Summary (Dr.) $250,000

Capital investment (Cr.) $ 250,000

Explanation:

Closing entries are prepared to close business transactions that occurred during the month. These transactions are closed with a contra account of Income Summary. All debit balance are credited with a debit of Income summary account and vice versa. the temporary account balances are reset to zero after closing entries are passed.

4 0

2 years ago