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Art [367]
3 years ago
11

Several controls are used to safeguard inventory except a.keeping high-priced inventory behind lock and key. b.hiring security g

uards. c.allowing all employees access to the materials warehouse. d.installing sensors at all exits.
Business
1 answer:
GalinKa [24]3 years ago
5 0

Answer:

Option C, allowing all employees access to the materials warehouse, is the right answer.

Explanation:

Option C is the correct answer because option C recommends allowing access to all the employees. However, allowing access to all employees will reduce security and increase the risk level. While all given options are helpful in safeguarding the inventory except option C. Thus, in this case, it would be difficult to monitor every employee. So Option C is the right answer.

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An investor owned a 100-acre parcel that contained several natural asphalt lakes. A construction company was erecting highways f
Leona [35]

Answer: Yes

Explanation:

The construction company is entitled to compensation because it has a property right to enter and remove minerals.

The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.

7 0
3 years ago
Business Information Management 1a: Introduction / Unit 2: The Finances of Business
Y_Kistochka [10]

The finances of businesses involve several things, including:

  • Revenue and profit.
  • Costs and expenses.
  • Budgets.

<h3>What are some components of finance in business?</h3>

The financial aspect of a business is hugely important to the success of the business because it involves making a profit which is the sole purpose of business.

In order to be successful in business, one needs a good financial plan. This plan will predict the revenue that the company should be earning in order to make profit.

It should also include the various costs and expenses that the business will incur as it engages in business. This financial plan usually comes in the form of a budget which provides ideas on how a business should spend money.

Note: Question was incomplete so a general overview of business finance was given.

Find out more on business finance at brainly.com/question/1265337.

5 0
2 years ago
Read 2 more answers
When $45,000 of goods are completed in Production Department D and transferred to the finished-goods warehouse where completed p
kykrilka [37]

Answer:

A debit to Finished-Goods Inventory

Explanation:

While recording this transaction, the journal entry is as follows

Finished goods inventory $45,000

      To work in process inventory $45,000

(Being the completed units are recorded)

For recording this, we debited the finished goods inventory and credited the work in process inventory so that the correct posting could be done and the same is shown above

8 0
3 years ago
Neef Corporation has provided the following data for its two most recent years of operation: Selling price per unit Manufacturin
Luden [163]

Answer:

C. The amount of fixed manufacturing overhead released from inventories is $12,000

Explanation:

Fixed manufacturing overhead in year 1 = $432,000

Production of units in Year 1 = 12,000 units

Thus, fixed manufacturing overhead per unit in year 1 = $432,000 / 12,000 units = $36 per unit

Inventory at the end of year 1 = 3,000 units

Fixed manufacturing overhead deferred in year 1 = 3000 units * $36 per unit = $108,000

Now, lets calculate for year 2:

Production units: 9000 units

Fixed manufacturing overhead per unit in year 2 : $432,000 / 9,000 units = $48 per unit

Fixed manufacturing overhead in closing inventory = 2000 units * 48 = $96,000

<em>Fixed manufacturing overhead released from inventory = Fixed manufacturing overhead in beginning inventory - Fixed manufacturing overhead in ending inventory</em>

Now, applying the formula (as stated above) for calculating fixed manufacturing overhead released from inventory in year 2:

Fixed manufacturing overhead (FMOH) released from inventory in year 2 = FMOH in year 1 - FMOH in year 2

= $108,000 - $96,000 =

= $12,000.

7 0
2 years ago
In the context of adopters who participate in the diffusion process, which of the following statements is true of the late major
kati45 [8]

Answer:

The answer is letter D.

Explanation:

Their adoption of a new product stems from pressure to conform to group norms.

7 0
3 years ago
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