1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marusya05 [52]
3 years ago
10

A job specification is: a. a group of related activities and duties. b. a statement of the knowledge, skills, and abilities requ

ired of a person to perform a job. c. a statement of the tasks, duties, and responsibilities of a job to be performed. d. a set of different duties and responsibilities performed by one employee.
Business
1 answer:
PSYCHO15rus [73]3 years ago
7 0

Answer:

a statement of the knowledge, skills, and abilities required of a person to perform a job.

Explanation:

A job specification is a written statement that describes btge educational qualifications, experience, technical skills, and communication skills required to perform a job. Also responsibilities that are required on a job are stated.

A job specification is different from a job description which is a set of different duties and responsibilities performed by one employee.

You might be interested in
Business collected S6,600 rent in advance on July 1. Accountant record the journal entry for this collected amount on July 1. Th
suter [353]

Answer:

This is correct

Explanation:

There will be two entries. One at the time of receiving cash on 1st July . That would be

Cash. B. $6600 (debit)

Unearned Rent Revenue. $ 6600 (credit)

On 31st Dec an adjusting entry would be made . The rent for 6 months will be calculated which will be as given above.

Rent for 6 months = ( 6,600/12 )* 6= $ 3,300

The entry will be

Unearned Rent Revenue $3,300 (debit)

Rent Revenue $ 3,300 (credit)

$ 3300 will be deducted from the current liabilities on the credit side.

Rent Revenue of $3300 will be added on the credit side of the income statement.

3 0
3 years ago
Alco roofing company's beginning accounts receivable were $200,000 and ending accounts receivable were $270,000. during the peri
Vesna [10]
Https://quizlet.com/129490981/chapter-7-practice-flash-cards/ 
8 0
3 years ago
The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th
xxMikexx [17]

Answer:

The correct answer is Option D.

Explanation:

Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.

Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.

It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.

7 0
3 years ago
The budgeted multi-step income statements of both manufacturing and merchandising companies include the calculation of gross pro
k0ka [10]

Answer:

TRUE

Explanation:

The gross profit is the difference betwenethe sales revenue and the cost of good sold/manufactured

for retail companys they determinate the cost using a given inventory method like FIFO LIFO or weighted average.

Manufacturing companies will subtract from the sales revenue the cost of good manufactured which can be determinated in various ways like process, order, absorption or ABC

7 0
2 years ago
A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th
agasfer [191]

Answer:

False.

Explanation:

(1) Units produced = 24 units of output

At the 24th unit of output,

Marginal revenue = $5

Marginal cost = $4

MR ≠ MC

At the 25th unit of output,

Marginal revenue = $4.50

Marginal cost = $4.50

MR = MC

At the 26th unit of output,

Marginal revenue = $4

Marginal cost = $5

MR ≠ MC

A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.

It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.

This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.

6 0
3 years ago
Other questions:
  • It is known that roughly 2/3 of all human beings have a dominant right foot or eye. is there also right-sided dominance in kissi
    15·1 answer
  • Which of the following is a subsystem of computers providing access to the Internet and offering multimedia and linking capabili
    8·1 answer
  • 1. A coupon bond pays the owner of the bond A) the same amount every month until the maturity date. B) a fixed interest payment
    7·2 answers
  • Lara Technologies is considering a total cash outlay of $250,000 for the purchase of land, which it could lease out for $35,000
    14·1 answer
  • The management of Kabanuck Corporation is considering dropping product V41B. Data from the company's accounting system appear be
    10·1 answer
  • This problem with interest group membership develops when potential members fail to join because they can get the benefit sought
    7·1 answer
  • Devonshire, Inc. sold merchandise inventory on account at a price of $17,000 with payment terms of 2/10, n/30. The merchandise c
    14·1 answer
  • Alan induces beth to enter into a contract for the purchase of a chef's burger house restaurant. alan knowingly misrepresents a
    15·1 answer
  • Double taxation is a disadvantage of a corporation because the corporation has to pay income taxes at twice the rate applied to
    15·1 answer
  • Henri Fayol and his14-principles of management, was a major contributor to which of the following classical approaches: Group of
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!