All of these are costs of nonconformance rework and repair, scrap, liability judgments except<u> </u><u>training.</u>
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What does liability mean?
A person's or organization's financial responsibility for any losses or damages caused to another person or organization is referred to as "liability" in law. It generally refers to the responsibility to pay for any damage caused by one's own actions or negligence.
What does Organization mean?
Organization is the process of structuring and coordinating the activities of people and resources in order to achieve a goal or set of goals. It entails establishing or creating distinct lines of authority, responsibilities, communication, and decision-making. Setting goals, planning, controlling resources, and assessing progress are all part of the process.
Therefore the option A. <u>training</u> is the correct option.
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Answer:
$15,000
Explanation:
Realized gain is the profit that is exceeded from the expense for a particular years. Realized loss is the loss that resulted from the excessive expense.
To determine the net realizable gain or loss, we can use the following formula -
Realizable Gain (loss) = Sale amount of tangible assets + mortgage purchasing - purchase price
Given,
Sale amount of tangible assets = $30,000
purchase price = $85,000
mortgage purchasing = $70,000
Putting the value into the formula, we can get-
Realizable Gain (loss) = $30,000 - $70,000 - $85,000
Therefore, Realizable Gain (loss) = $15,000
Explanation:
Normal goods are the whose demand decreases with increase in price whereas in economics inferior goods are those whose demand decreases with increase in people's income.
Normal goods have a positive income elasticity of demand; as incomes rise, more goods are demanded at each price level.Inferior goods have a negative income elasticity of demand; as consumers' income rises, they buy fewer inferior goods.
Answer:
b. Forged endorsement
Explanation:
Forged endorsement as it write the check with a forge a sign to endorse it on his favor (covert check for her own use) This makes impossible for the firm to pay their account through those checks as Vicky is the person receiving his value.
The company should rotate the check signers or separate the duties of check preparating and check signing.
Answer:
Particulars Amount
<u>Cash Flows from Operating Activities</u>
Net Income $9,000
<em>Adjustments to reconcile net income to </em>
<em>Net Cash flows from Operating Activities</em>
Depreciation Expense $1000
Gain On Sale of land ($800)
Decrease in accounts payable ($700)
Increase in prepaid expenses ($100)
Increase in salaries payable $400
Decrease in Inventories $1100
Amortization of bond premium <u>($300)</u> <u>$600</u>
Net Cash flows from operating activities <u>$9,600</u>