Answer:
A. Answer questions about the project prior to submittal of proposals
Explanation:
A bidder conference is a meeting held by a buyer to discuss a possible purchase with multiple potential suppliers.
Answer:
I think you got it right*
Explanation:
I think this is the same question I took.
Answer:
1. Adjusted net income = Ending inventory higher by amount * (1-Tax rate) = $70,000*(1-34%) = $70,000 * 66% = $46,200
Details Amount
Beginning retained earnings for the year 2017 $880,000
Add: Adjusted net income <u>$46,200</u>
Beginning adjusted retained earnings for year 2017 <u>$926,200</u>
2. Tax payable = Inventory * Tax rate = $70,000*34% = $23,800
Date Account Titles and Explanation Debit Credit
Inventory $70,000
Retained earnings $46,200
Tax payable $23,800
(To record adjustment of ending inventory)
Answer: six sigma; eliminate waste.
Explanation:
Here's the remainder of the question:
This scenario is an example of [budget review, Six Sigma, Total quality managment], a principle that is most likely being implemented to[eliminate waste,foster teamwork,exceed customer expectations].
The scenario discussed in the question is an example of six sigma. Six Sigma refers to a data driven method that is used in detecting defects and eliminating wastes. It helps organizations improve their business processes capability which is vital in the improvement of performance and the reduction in defects.
Six sigma also beings about improvement in the morales of the workers, and the improvement in profits.
The Correct question reads;
Which of the following statements about bank reconciliations is correct?
a. Should not be prepared by an employee who handles cash transactions
b. Is part of a sound internal control system
c. Is a formal financial statement
d. Both (a) and (b) are correct
Answer:
<u>a. Should not be prepared by an employee who handles cash transactions</u>
<u>Explanation:</u>
It is only a bank that prepares a bank reconciliation statement. So, it is correct to say that a bank reconciliation statement should not be prepared by an employee who handles cash transactions.
