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snow_tiger [21]
3 years ago
15

Which of the following is a standard control over cash disbursements? a. Checks and supporting documents should be marked "Paid"

immediately after the check is returned with the bank statement. b. Checks should be sequentially numbered and the numerical sequence should be accounted for by the person preparing bank reconciliations. c. Checks should be sent directly to the payee by the employee who prepares documents that authorize check preparation. d. Checks should be signed by the controller and at least one other employee of the company.
Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

B. Checks should be sequentially numbered and the numerical sequence should be accounted for by the person preparing bank reconciliations

Explanation:

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The GDP deflator for this year is calculated by dividing the using by the using and multiplying by 100. However, the CPI reflect
inysia [295]

Hello. You forgot to provide the answer options. The options are:

"A) value of all goods and services produced in the economy this year  B) This years prices  C) value of all foods and services produced in the economy this year  D) the base year's prices  E) bought by consumers"

Answer:

The GDP deflator for this year is calculated by dividing the  value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.

Explanation:

GDP deflator is an economic term that means "implicit price deflator". This term is defined as the price measure for any and all goods and services produced within the country, in the year in question. GDP, in turn, is directly related to this, since it represents the monetary value that each of these goods and services produced during that same year.

The GDP deflator is directly related to the CPI, which is another economic term intended to represent the consumer price index. Through the CPI, the GDP deflator is able to measure the inflation or deflation that occurred in the national economic sector for a given year.

The GDP deflator for this year is calculated by dividing the  value of all goods and services produced in the economy this year using this years prices by the value of all foods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by consumers.

6 0
3 years ago
Fifty percent of an HIM department’s staff have a nationally recognized credential. This is an example of what type of indicator
KatRina [158]

Answer: A. Structure

Explanation:

Structure Indicators provide information about the ability and capacity of a Health care provider to be able to give health care services that are of high quality.

They focus on the processes the Health Care provider uses, the systems in place and their capacity to provide certain types of care.

Some indicators include; How many providers do they have versus the number of patients they have and the number of certified physicians that they have.

Having a HIM department with 50% of staff accredited is therefore a Structure indicator.

6 0
3 years ago
easures of average workweeks and of supplier deliveries (vendor performance) are included in the index of leading indicators, be
OverLord2011 [107]

Answer:weaker; stronger

Explanation:index of leading indicators is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. The index is composed of 10 economic components whose changes tend to precede changes in the overall economy. Businesses and investors can use the index to help plan their activities around the expected performance of the economy and protect themselves from economic downturns.

Leading economic indicators are statistics that precede economic events. They predict the next phase of the business cycle. That becomes critical when the economy is either coming out of a recession or heading into one.

5 0
3 years ago
The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.9 per
enot [183]

Answer:

7.1%

Explanation:

Purple martin has an annual sales of $687,400

The total debt is $210,000

Total equity is $365,000

Profit margin is 5.9%

= 5.9/100

= 0.059

The first step is to calculate the net income

Net income= sales×profit margin

= $687,400×0.059

= $40,556.6

The next step is to calculate the total assets

Total assets= Total debt+Total equity

= $210,000+$365,000

= $575,000

Therefore, the return on assets can be calculated as follows

ROA= Net income/Total assets

= 40,556.6/575,000

= 0.0705×100

= 7.1%

Hence the return on assets is 7.1%

3 0
4 years ago
Many economists are critical of the minimum wage because they believe that it: A. hurts the efforts of labor unions.B. reduces t
Alex73 [517]

Answer and Explanation:

B. reduces the number of available job opportunities

8 0
3 years ago
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