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zalisa [80]
4 years ago
10

When a parent and its subsidiary use a periodic inventory system rather than a perpetual system, the income and asset balances r

eported in the consolidated financial statements are:I. affected only if there are upstream intercompany sales of inventory.II. affected only if there are downstream intercompany sales of inventory.
a. Ib. IIc. Both I and IId. Neither I nor II
Business
1 answer:
mylen [45]4 years ago
5 0

Answer:

a. I

Explanation:

Affected only if there are upstream inter-company sales of inventory. Because when this happens you're gonna have a non-static inventory, it's gonna be changing, your gonna need to apply a perpetual system due to the constant change due to the upstreams sales.

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List all the source documents in accounting
devlian [24]

Answer:

Canceled checks.

Invoices.

Cash register receipts.

Computer-generated receipts.

Credit memo for a customer refund.

Employee time cards.

Deposit slips.

Purchase orders

Explanation:

That is all i think

7 0
3 years ago
With regard to suppliers, just-in time typically require: Group of answer choices buyer inspection of all goods and materials. d
Arlecino [84]

Answer: long-term relationships and commitments.

Explanation:

Just in time typically implies long-term relationships and commitment. It requires a good understanding of the supplier and the manufacturer in terms of the quantity and the swiftness with material delivery. When there is a misunderstanding between the manufacturer and the supplier, delivery cones to a halt. This is why there's a need for a long lasting relationship and commitment.

5 0
3 years ago
Discuss the different situations when the communication exists ​
ddd [48]

Answer:

Communication in Different situations.

1. Communications in different situations Chapter 8

2. The different kind ofcommunication skill is required as per the situation and the functions of the organizations.Communication takes on different characteristics as the situation changes Chapter 8

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4 0
3 years ago
You are planning to place an ad in a local newspaper. The size of the ad is 5 inches long by 4 columns wide. The newspaper's rat
Darya [45]
If you are planning to place an ad in a local newspaper with a size of 5 inches long by 4 columns wide and the newspaper's rate per column inch is $18, the ad will cost $360.

Solution: <span>5 inches x 4 columns = 20
               20 column inch x $18 = $360</span>
8 0
4 years ago
If I am at school in my classroom eating a red apple around 4 girls and 3 boys what color is my underwear.
olya-2409 [2.1K]

Answer:

Gold with unicorns on it. B)

Explanation:

4 0
3 years ago
Read 2 more answers
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