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yaroslaw [1]
3 years ago
7

Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its e

thics and corporate responsibility goals. In the given scenario, Andrew is most likely asked to do a _____.
A. horizontal audit
B. continuous audit
C. social audit
D. statutory audit
Business
1 answer:
Maru [420]3 years ago
8 0

Answer:

The answer is C. Social audit.

Explanation:

To audit means to examine or to inspect. In this light, when an individual is to provide a formal report on a company's code of conduct or procedures in regards to corporate social responsibility, it is considered a social audit. Corporate social responsibility is the accountability that a business has towards society especially from an ethical standpoint. Some elements taken into consideration during a social audit include:

- the number volunteer activities

-work environment either internal or external.

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Exotech has an inventory turn ratio of 60 with $50 million in annual sales, and an average inventory of $250,000. What is Exotec
Goryan [66]

Answer:

$15 million

Explanation:

Data provided in the question:

Inventory turn ratio = 60

Annual sales = $50 million

Average inventory = $250,000

Now,

we know,

Inventory turn ratio  = ( Cost of goods sold ) ÷ ( Average inventory )

thus,

60 = ( Cost of goods sold ) ÷ $250,000

or

Cost of goods sold = 60 × $250,000

or

Cost of goods sold = $15,000,000 or $15 million

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3 years ago
If kmart states that it is going to spend $100 million in advertising in the upcoming year to help increase its market share, it
barxatty [35]
I think it is a not sure :(
4 0
3 years ago
What type of information is NOT found on a consumer's credit report?
tensa zangetsu [6.8K]
I think the answer is D. i’m not really sure but i’m sorry if it is wrong
6 0
3 years ago
TB MC Qu. 9-291 Kartman Corporation makes a product with ... Kartman Corporation makes a product with the following standard cos
Lostsunrise [7]

Answer:

Variable manufacturing overhead rate variance= $688.8 favorable

Explanation:

Giving the following information:

Variable overhead 0.3 hours $5.70 per hour

The company used 2,460 direct labor-hours to produce this output. The actual variable overhead cost was $13,331.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 13,331/2,460= $5.42

Variable manufacturing overhead rate variance= (5.7 - 5.42)*2,460

Variable manufacturing overhead rate variance= $688.8 favorable

3 0
3 years ago
Your company is considering expanding its retail outlet. Currently, inventory levels are $5,000. With the expansion, it is expec
natka813 [3]

Answer:

Change is net working capital is -$18,500(use of cash)

Explanation:

Due to the expansion inventory would increase by $4,500 ($9,500-$5,000)

Accounts receivable would also increase by $4,000 over its previous amount.

Accounts payable would reduce by $10,000 as compared to previous balance of accounts payable

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This is a use of cash not a source of cash inflow

6 0
3 years ago
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