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Montano1993 [528]
3 years ago
10

Read each scenario and pick the statement that matches it.

Business
1 answer:
diamong [38]3 years ago
4 0

Answer:

1. b

2. c

3. a

4. d

Explanation:

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Which government agency creates and enforces standards for workplace health and safety?
nadya68 [22]
The Occupational Safety and Health Administration
8 0
3 years ago
Read 2 more answers
High Step Shoes had annual revenues of $202,000, expenses of $112,200, and dividends of $24,800 during the current year. The ret
wel

Answer and Explanation:

The  journal entry required to close the income summary account is given below:

Income summary Dr ($202,000 - $112,200) $89,800

  To retained earnings $89,800

(Being the closing of the income summary is recorded)

The above entry should be passed for closing out the income summary account

The same is to be considered

5 0
2 years ago
True or false? in regard to accounts receivable management, the older the account or the longer the account remains unpaid, the
Liono4ka [1.6K]
That statement is true.
Linger period of unpaid receivable indicates either the person who held it  couldn't afford to pay back or that person already fled away.
Therefore, the company will most likely will receive lesser amount of that receivable chunk under this situation.
7 0
3 years ago
In material requirement planning calculations, gross requirements for finished products are taken from ________________________.
Ipatiy [6.2K]

Answer:

Forecasted sales

Explanation:

In the production process amount of inventory purchased for producing goods must be carefully calculated.

This avoids waste incurred from buying excess of materials needed for operation. Also when there is shortage of materials time and resources are wasted getting more materials.

So when calculating material requirements for finished products it is important that we consider sales forecasts.

Materials purchased based on this will just adequately meet the demand for product.

This reduce cost of storage of excess materials.

7 0
3 years ago
Which of the following statements is true?
nadezda [96]

Answer:

Correct option is (c)

Explanation:

MIS is the abbreviation for management information system. It helps managers organizing different tasks and departments within the organization.

It is a computer based software that enables retrieving past data, analyse present data and predict future data, thereby simplifying decision making process. As such, it can be said that MIS contributes or enables business success and innovation.

3 0
3 years ago
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