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Nesterboy [21]
3 years ago
13

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relatio

ns 5. Occupational Safety & Health Administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing,maintaining, and firing the workforce
Business
1 answer:
GenaCL600 [577]3 years ago
7 0

1. human resources department = E. the division of a business responsible for hiring, managing, maintaining, and firing the workforce

2. job description = A. a detailed list of the functions and requirements for a position

3. ethics = C. principles that define appropriate conduct

4. labor relations = B. the exchange between the employer and employee

5. Occupational Safety & Health Administration = D. the government agency responsible for monitoring safety in the workplace

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The following information applies to the questions displayed below] A local Chevrolet dealership carries the following types of
myrzilka [38]

Answer:

Chevrolet Dealership

A) The total cost of the entire inventory is:

= $575,000

B) Each inventory would be reported at the LCNRV:

Inventory Items  Quantity  Reporting Cost/Value

Vans                        4              NRV

Trucks                     7              NRV

2-door sedans        3              Cost

4-door sedans        5              Cost

Sports cars              1              Cost

SUVs                       6              NRV

C) Journal Entry:

Debit Cost of goods sold $27,000

Credit Inventory $27,000

To write-down costs to net realizable values.

D) TRUE.

Explanation:

a) Data and Calculations:

Inventory Items  Quantity    Cost per unit      NRV per Unit      LCNRV

Vans                        4           27000 $108,000      25000        $100,000

Trucks                     7            18000   126,000       17000           119,000

2-door sedans        3           13000     39,000      15000            39,000

4-door sedans        5           17000     85,000     20000            85,000

Sports cars              1          37000      37,000     40000            37,000

SUVs                       6         30000    180,000     28000           168,000

Total Cost                                      $575,000                         $548,000

3 0
3 years ago
Suppose people freely choose to spend 40 percent of their income on health care, but then the government decides to tax 40 of a
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Answer:

A) Taxing income results in deadweight loss, and purchasing health care on one's own doesn't result in deadweight loss.

Explanation:

When you have a market in equilibrium and a new tax is set, this will always result in a deadweight loss. But individual's are free to spend their money in whatever legal good or service they need or want, so when they purchase health care by themselves there is no deadweight loss.

7 0
3 years ago
Elizabeth Proctor sells equipment for $80 000 to Matthew Gamble on 1 July 2013 in exchange for note bearing 12 per cent interest
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Answer:

Following would be the journal entries in the books of Elizabeth Procter,

On July 1, 2013.

Notes Receivable A/C                                     Dr.  $80,000

    To Equipment A/C                                                               $80,000

(Being equipment sold against notes receivable being recorded)

On June 30, 2014

Notes Receivable A/C                                           Dr. 9600

    To Interest Revenue A/C                                                    9600

(Being accrued interest on notes receivable recorded)

On Sept 2014,

Cash  A/C                                                          Dr. 92,000  

   To Notes Receivable A/C                                                    $80,000

   To Interest Receivable A/C                                                  $9600

   To Interest Revenue    A/C                                                   $2400

(Being notes receivable and interest received receipt being recorded)

Interest Revenue refers to the income which has been earned as on a date.

Interest Receivable refers to the income which has not been received and which has been outstanding.

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12$ should be the answer
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Answer:

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Explanation:

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