Answer:
The answers are : unauthorized, identified, facts, affirm, authorization, withdraws, observe.
Explanation:
Ratification occurs when the principal accepts responsibility for the agent's unauthorized acts. For ratification to be valid, the agent must have acted on behalf of an identified principal, that principal must know all of the material facts , must affirm the agent's act in its entirety, and must have the legal authorization to ratify the transaction both at the time the agent engages in the act and at the time the principal ratifies it. The principal's ratification must occur before the third party withdraws from the transaction, and the principal must observe the same formalities when ratifying the act as would have been required to authorize it initially.
No entry is required on the company's books.
<h3>What is a journal entry?</h3>
The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details.
Journal entries are of six main types, that is:
- Opening Entries
- Transfer Entries
- Closing Entries
- Adjusting Entries
- Compound Entries
- Reversing Entries
To know more about Adjusting Entries refer to: brainly.com/question/13449237
#SPJ4
Manage work more efectively
Answer:
2720 units; 1806 units
Explanation:
Ending Inventory in February = 80% x 1820 = 1456 units
Ending Inventory in January = 80% x 1750 = 1400 units
Budgeted production in January = Budgeted sales in Jan + Ending Inventory in Jan - Begining Inventory in Jan = 1500 + 1400 - 180 = 2720 units
Budgeted production in February = Budgeted sales in Feb + Ending inventory in Feb - Begining Inventory in Feb = 1750 + 1456 - 1400 = 1806 units
Answer:
An assembly line worker with 10 years of screwing together truck panels and a high school diploma
Explanation:
The assembly worker is involved in manual work and he is most likely to lose his job due to automation. Also, since he is just a high school diploma holder, he lacks better skills to switch to higher level jobs.
