1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
4vir4ik [10]
3 years ago
5

Kayleigh is looking over a number of material requisition slips from her employees. She has to sign off on each request after re

viewing it, which she thinks is a waste of time and effort. Kayleigh believes that having the name of the employee who requested the materials should be enough. Is she correct?
A :

Yes, it is an extra step and a waste of time; this could be eliminated to allow each requestor to be responsible.

B :

No, approval by an individual other than the requestor establishes greater accountability over inventory.

C :

Yes, most companies allow the responsibility to rest with the requestor and the receiver of the material requisition slip.

D :

No, having one person approve of all inventory works to reduce inventory cost as well as lost request forms.
Business
1 answer:
DiKsa [7]3 years ago
8 0

Answer:

(C) Yes, most companies allow the responsibility to rest with the requester and the receiver of the material requisition slip.

Explanation:

As Kayleigh is looking over a number of material requisition slips from her employees. She has to sign off on each request after reviewing it, which she thinks is a waste of time and effort. Kayleigh believes that having the name of the employee who requested the materials should be enough. Yes, it is very much true and correct because many companies allow the responsibility to rest with the requester and the receiver of the material requisition slip. Some companies do not want that process to become to become much hectic and lengthy for its management as well as workers. If this process is being followed then less time will be taken to complete the overall project and both the time and cost can be saved to make overall project more effective and efficient as well.

You might be interested in
has an inventory of 500 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $ 80 comma 500. Prod
Slav-nsk [51]

Answer:

Remote enter keys shall be further processed in order to decrease the amount of loss by $11,000.

Explanation:

As in the given case,

Number of units = 500

Carrying cost = $80,500

Cost per unit = 80,500/500 = $161

In case of scrap for the price of $4,000

Scrap price per unit = $4,000/500 = $8

Thus, loss per unit in case of scrap = $161 - $8 = $153

In case inventory is further processed

Total cost = $80,500 + $19,000 = $99,500

Cost per unit = $99,500/500 = $199

Revenue earned = $34,000

Revenue per unit = $34,000/500 = $68

Thus, loss per unit in case of further processing = $199 - $68 = $131

Therefore the inventory shall be processed in order to save the total loss of $153 - $131 = $22 per unit

Total loss saved = $22 \times 500 = $11,000

3 0
4 years ago
Jenna leigh is an information savvy, 20-something person who is trying to select between two marketing job offers. she can eithe
Veronika [31]
Hiii wanna be besties
3 0
3 years ago
Why is real GDP a more accurate measure of an economy's production than nominal GDP?
Verizon [17]

Answer:

The correct answer is option B.

Explanation:

Nominal GDP measures economic growth at current prices. It measures the value of output produced on the basis of current prices. It is thus not an inflation measure of economic growth as it includes the change in the price level.  

Real GDP is an inflation-adjusted method to measure economic growth. It measures a change in economic output on the basis of constant. It is thus considered a more accurate measure of the economic growth of a nation as it is not influenced by changes in the price level.

6 0
3 years ago
A municipal issuer official has lost her re-election campaign and has just left elected office. She is soliciting political cont
Sindrei [870]

Answer: Because the issuer official no longer holds elected office, the contribution limits of Rule G-37 do not apply.

Explanation:

Rule G-37 is a way to ensure that Municipal Issuers are not unduly influenced by those who donated to their campaigns to get into a position to become Municipal Issuers.

It prohibites for 2 years, Municipal Finance Professionals (MFP) amongst others from engaging in municipal securities business with a Municipal issuer.

An exception however, is that if the MFP is entitled to a vote for the Official in question, they can donate no more than $250 per election.

Seeing as the Municipal Issuer Officer has lost her position, the MFP need not worry about this $250 limit as it no longer applies to her. The MFP is free to donate $500 to the "clean-up" campaign.

5 0
3 years ago
Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income fo
tankabanditka [31]

Answer:

$726,100

Explanation:

Preparation of the operating activities section of the 2021 statement of cash flows.

Cash Flow from Operating Activities

Net Income $634,000

Adjustments:

Depreciation and amortization $89,000

Changes in operating asset and liabilities

Decrease in Account receivable $24,000

Increase in Inventory $ (9,400)

Increase in Prepaid expenses $ (8,700)

Increase in Salaries payable $10,200

Decrease in Income tax payable $ (13,000)

Operating activities $726,100

Therefore the operating activities section of the 2021 statement of cash flows will be $726,100

6 0
3 years ago
Other questions:
  • Diplomats typically work overseas. true or false
    5·2 answers
  • A member of the park service believes the average number of cacti per square km in tucson, az in the year 2001 is less than the
    14·1 answer
  • What is the proper adjusting entry at june 30, the end of the fiscal year, based on a prepaid insurance account balance before a
    15·1 answer
  • It’s important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
    14·1 answer
  • Which of the following is true of innovation? a. Innovations are less likely to come from small businesses than from big busines
    13·1 answer
  • During the 1920s, competition increased and businesspeople realized they had to do more than just focus on manufacturing, which
    9·1 answer
  • Find the present value that will grow to $45,000 if interest is 3.6% compounded monthly for 1 year.
    12·1 answer
  • On January 1, 2018, Vacker Co. acquired 70% of Carper Inc. by paying $650,000. This included a $20,000 control premium. Carper r
    15·1 answer
  • In the case of international trade, which of the following does not benefit all nations involved?
    15·1 answer
  • The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!