1. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)

__________ implements a security policy that specifies who or what may have access to each specific system resource and the type

8090 [49]

Answer:

D. Access control

Explanation:

Access control implements a security policy that specifies who or what may have access to each specific system resource and the type of access that is permitted in each instance.

A typical example of this is in ERPs where access controls defines what access codes a process owner has and what access a reviewer and an approval has. Where a personnel has access to carry out a transaction, review and approve the transaction, access controls are said to be deficient.

The right answer is D. Access control.

4 0

4 years ago

For the coming year, Loudermilk Inc. anticipates fixed costs of $600,000, a unit variable cost of $75, and a unit selling price

Shtirlitz [24]

Answer:

a) 4.800 units: Operational loss area (L)

12,000: Break even point (BEP)

$1,500,000: BEP

20,000 units: Operational profit area (P). Also, the maximum amount of units.

$2,500,000: Operational profit area (P). Also, the maximum amount of sales.

b) BEP: 12,000 units or $1,500,000 in sales.

Explanation:

The graph is divided in two sections:

1 - The operational loss area (L)

2 - The operational profit area (P)

The interface between both regions is the breakeven point.

a) 4.800 units: Operational loss area (L)

12,000: Break even point (BEP)

$1,500,000: BEP

20,000 units: Operational profit area (P). Also, the maximum amount of units.

$2,500,000: Operational profit area (P). Also, the maximum amount of sales.

b) The breakeven point is where sales equal total cost (or the level at which profits are zero). This breakeven point (BEP) is at 12,000 units:

$BEP=\frac{FC}{price-VC} =\frac{600,000}{125-75}=\frac{600,000}{50}=12,000$

This corresponds to $1,500,000 in sales.

$S_{BEP}=125*12,000=1,500,000$

7 0

3 years ago

On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials

balandron [24]

Answer and Explanation:

The journal entries are shown below:

On Aug 4

Raw Materials (12,000 units × $14) $168,000

To Accounts Payable 168,000

(Being the raw material purchased is recorded)

For recording this we debited the raw material as it increased the assets and credited the account payable as it also increased the liabilities

On Aug 31

Work in Process Dr $126,800

To Raw materials inventory $126,800

($5,000 × $8) + ($6,200 × $14)

(Being the requisition is recorded)

For recording this we debited the work in process and credited the raw material inventory

4 0

4 years ago

If you are using your factors of production at 100% efficiency, you will be A. on the curve B. at the top of the curve C. at the

STALIN [3.7K]

Answer: A. On the curve.

Explanation:

Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.

Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.

Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.

The answer is A.

5 0

3 years ago

The petty cash fund of the Brooks Agency is established at $230. At the end of the current period, the fund contained $155 and h

Georgia [21]

Answer and Explanation:

The journal entries are given below:

1. Petty cash A/c Dr $230

To Cash A/c $230

(Being petty cash fund established)

For recording this we debited the petty cash account as it increased the assets and credited the cash as it decreased the asset

2 Entertainment expense A/c Dr $41

Postage expense A/c Dr $17

Printing expense A/c Dr $17

To Cash A/c Dr $75 ($230 - $155)

(Being reimbursement of the fund is recorded)

For recording this we debited all expenses as it increased the expenses and credited the cash as it decreased the asset

4 0

3 years ago