Answer: Business ethics
Explanation:
Business ethics is described as how an organization carries our it's business, which anyone doing business with them would have to consider and work with it.
Various organization have their rules as to how they carry out their business operations, most reflect theirs by you taking up their registration process then you would be issues their terms and conditions with payment pattern inclusive.
Restrictive because you need to restrict on using your savings money.
Answer:
Option d: Selling, general and administrative budget and the pro forma income statement
Explanation:
Budgeting
This is simply defined as the showing forth the plans for a business in financial terms. It is said to be a plan to help you an individual to monitor and manage money wisely ans can it one to achieve short term, intermediate, and long term goals in a timely manner.
The notable arrangements of most master budgets are prepared in is sales, purchases, cash and income statement. Budgeted sales commissions is said to visibly shown on the selling, general and administrative budget and the pro forma income statement.
Answer:
Inbound quality inspection department of supply chain management
Explanation:
Purchasing department create purchase order for any product from supply.
once the order shipment reaches to plant, the quality of product is inspected whether product adheres to specification requested during purchase order creation. since product reaches to plant it is inbound logistic and hence inspection of those is termed as inbound logistic inspection.
Inbound logistic inspection is significant part of supply chain management.
Answer:
July 1, 2020
Dr. Account Receivable $56,000
Cr. Sales $56,000
July 9, 2020
Dr. Cash $54,880
Dr. Sales Discount $1,120
Cr. Account Receivable $56,000
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
As Payment of $56,000 is received within the discount period. So, the discount will be
Discount = $56,000 x 2% = $1,120
Amount Paid = $56,000 - $1,120 = $54,880
