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3 years ago

Logistics is the activity that controls the_____________.

Business

1 answer:

Katen [24]3 years ago

7 0

Answer:

The correct answer is letter "A": transmission of physical materials through the value chain.

Explanation:

Logistics involves all the steps companies take to obtain, produce, and distribute raw materials into final goods. In other words, logistics refers to the process of moving raw materials within the supply chain. The efficiency and effectiveness of how logistics are managed in a company will impact its profits.

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Tyler Jones is authorized to prepare and sign checks for the company. He also enters the checks Into the ledger. He wrote a $500

Natali [406]

Answer:

A. All checks require two signatures.

Explanation:

Internal controls refer to the checks and balances that an organization puts into place to ensure its financial transactions' integrity. They are the measures and regulations that safeguard against fraudulent transactions, especially in the finance department. Internal control protects business assets from theft and misuse by malicious employees.

Requiring all transactions to be approved by a senior officer is a control measure that would have prevented Tyler Jones from succeeding in stealing. In this case, the check would have to be signed by a second person. The second signature serves as an approval.

3 0

3 years ago

Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,

Lisa [10]

Answer:

Increase on cost of goods sold by $215, decrease in merchandize by $215.

Explanation:

With regards to the above information, the cost of goods sold will increase by $215, while the merchandize value would also decrease by $215.

Here, the books will be even out so that it would show there was a shrinkage at year end and beyond that which was purchased to have taken place.

4 0

3 years ago

g Jill has a balance of $866,000 in her retirement savings account. She expects to retire in 8 years. She will not save any addi

lubasha [3.4K]

Answer:

$69,378.96

Explanation:

The first step is to determine the future value of Jill's balance

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

$866,000(1.09)^8 = $1,725,559.25

the second step is to determine the future value of the balance in Bob's account

$482,000(1.09)^8 = $960,415.19

The difference between Jill and Bob's future value amount is 765,144.06. this has to be the future value of bob's yearly savings

yearly savings = 765,144.06. / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

(1.09^8 - 1) / 0.09 = 11.028474

765,144.06. / 11.028474 = $69,378.96

5 0

3 years ago

If a sells to b, and b obtains title while goods are in transit, the goods were shipped _______. if c sells to d, and c maintain

yKpoI14uk [10]

If a sells to b, and b obtains title while goods are in transit, the goods were shipped FOB SHIPPING POINT.

If c sells to d, and c maintains title until the goods arrive at d's door then the goods were shipped FOB DESTINATION.

FOB stands for Free on Board. The recording of the sale will be dependent on whether it is FOB shipping point or FOB destination. In FOB shipping point, the buyer becomes the owner of the item when it is shipped. In FOB destination, the buyer becomes the owner of the items when it is received.

5 0

3 years ago

Profits at CincySavers are declining. The sales consulting department reported a contribution margin of $80,000 and fixed costs

sveta [45]

Answer:

It will be a financial disadvantage for 10,000

the loss will be for 90,000

which is an increase of 10,000 in the department losses.

It is better to continue with the department.

Explanation:

contribution 80,000

fixed cost (160,000)

net loss (80,000)

discontnued department

contribution 0

unavoidable fixed cost (90,000)

net loss (90,000)

the consequence of eliminating the department will be comparing both result

discontinued result - current result

(-90,000) - (-80,000) = -10,000

It will be a financial disadvantage for 10,000

It is better for the company to keep the department active.

7 0

3 years ago