Answer:
Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?
- Yes, a perpetual inventory system provides updated information about inventory levels and costs. Since it is updated immediately, many of the company's problems could be solved, e.g. you can place an alert for minimum inventory levels on certain products and you can determine if the stocks of low sellers are too high.
Will switching to a perpetual inventory system eliminate the need for a physical inventory count?
- It will not completely eliminate the need to carry out a physical inventory, but it should reduce it substantially. Also, you can carry out a random physical inventory for certain products only. If the physical count shows that there are problems with the registered inventory, then you can carry out a complete physical count.
A Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage..
<h3>
What is Strategy? </h3>
- A strategy is a broad plan to accomplish one or more long-term or overall goals in the face of uncertainty.
- The phrase was first used in the 6th century C.E. in terms of the "art of the general," which covered a number of subsets of talents such as military tactics, siegecraft, logistics, etc. It was only in the 18th century that the term was translated into Western vernacular languages.
- The term "strategy" was then used to refer to "a comprehensive manner to try to attain political aims, including the threat or actual use of force, in a dialectic of wills" in a military war, in which both opponents engage.
To learn more about Strategy with the given link
brainly.com/question/15860574
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Solution:
Activity-based costing (ABC) is an aggregate and indirect costs accounting tool for related products. This costing approach considers the relation between the prices, labour operations as well as the manufactured goods, and attributes administrative costs less randomly to products than conventional costing approaches.
Nevertheless, a company can not be allocated for indirect costs such as marketing and employee salaries.
So, activity rate for the setup activity cost pool = 10,000 / 500
= $200.00
Answer:
I) Using the firm's stock options for compensation
III) Boards of directors forcing out underperforming management
IV) Security analysts monitoring the firm closely
V) Takeover threats
Explanation:
Agency problem can be regarded as
conflict of interest which are inherent that can exist between management of a company and its stockholders. It exist when there is expectation that one party act in the best interest of other.
It should be noted that Mechanism that are used in mitigation of potential agency problems are;
I) Using the firm's stock options for compensation
III) Boards of directors forcing out underperforming management
IV) Security analysts monitoring the firm closely
V) Takeover threats
Jane is the consumer I think
