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3 years ago

13

Lucia is a chief financial officer in a large corporation. Her responsibilities include the full financial authority to make app

ropriations and authorize expenditures. Lucia is likely to be a member of ________ management.

1 answer:

Dmitry_Shevchenko [17]3 years ago

3 0

I think the asnwer is b because of allergy

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If the U.S. government starts to sell off its stockpile of cheese:____.

schepotkina [342]

Answer:

D

Explanation:

if the government sells off its cheese, there would be a rightward shift of the supply curve. As a result, equilibrium price would fall and equilibrium quantity supplied would increase.

Due to the government's action, there would be an excess supply of cheese over the demand for cheese. More cheese would be available for sale and less cheese would be purchased. This would lead to an increase in spoilage rates before sales

4 0

3 years ago

The following transactions are for Crane Company. 1. On December 3, Crane Company sold $513, 500 of merchandise to Sheridan Co.,

serg [7]

Answer:

a) December 3, 202x, merchandise sold to Sheridan Co., terms 3/10, n/30

Dr Accounts receivable 513,500

Cr Sales revenue 513,500

Dr Cost of goods sold 318,300

Cr Merchandise inventory 318,300

December 8, merchandise allowance

Dr Sales returns and allowances 24,700

Cr Accounts receivable 24,700

December 13, invoice collected from Sheridan Co.

Dr Cash 474,136

Dr Sales discounts 14,664

Cr Accounts receivable 488,800

b) January 2, invoice collected from Sheridan Co.

Dr Cash 488,800

Cr Accounts receivable 488,800

3 0

4 years ago

On Jan. 2, Callie Taylor invests $40,000 into the business in exchange for common stock. She journalize the transaction as follo

castortr0y [4]

Answer:

See explanation section.

Explanation:

The correct journal to record this transaction is -

Cash Debit $40,000

Common stock Credit $40,000

Note: As Callie Taylor invests the amount in exchange for common stock, An asset (cash) will be increased, and equity (common stock) will be increased. An increase in asset means debit, while an increase in equity means credit.

6 0

3 years ago

Costs from Beginning Inventory Costs from Current Period

Alex

Answer:

$30.59

Explanation:

<em>Note that the FIFO method is used for this question</em>

Equivalent Units

Materials = 5,200 x 100 % + 300 x 100 % = 5,500

Conversion Costs = 400 x 55 % + 5,200 x 100 % + 300 x 35 % = 5,525

Total Costs

Materials = $25,200

Conversion Costs = $143,700

Cost per Equivalent unit

Materials = $25,200/5,500 = $4.58

Conversion Costs = $143,700/5,525 = $26.01

Total Cost = $4.58 + $26.01 = $30.59

<u>Conclusion</u>

The cost of completing a unit during the current period was $30.59

5 0

3 years ago

A common excuse for carrying out a morally questionable project is, "If I don’t do it somebody else will." This rationale may be

ladessa [460]

Answer:

It is not a legitimate excuse for engaging in unethical projects

Explanation:

Ensuring scientific integrity and avoiding professional misconduct is a collective role of Scientists and Engineers. Every professional, engineers inclusive, must ensure they stay committed and faithful to the oath of practice they have sworn to. Engineering is an important and learned profession. As members of this profession, engineers are expected to exhibit the highest standards of honesty and integrity. Engineers must perform under a standard of professional behavior that requires adherence to the highest principles of ethical conduct.

Every engineer must be familiar with the code of ethics of the profession, abide by it, and report erring professionals for punitive measures to be taken rather than giving excuses for carrying out an unethical project.

The concept of responsible conduct emphasizes ethical decision making, professional responsibilities, and strict adherence to professional standards and values. Every engineer and professional must take into cognizance all the responsible conducts required by their professions

8 0

3 years ago