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3 years ago

Which payment option can offer additional security like fraud protection?

Business

1 answer:

Vesna [10]3 years ago

4 0

Answer:

Credit Card

Explanation:

Most credit card company created a multiple steps verification for each transactions from your credit card as a form of fraud protection.

For example,

Most credit card companies will send a set of codes to your mobile phone every time an online transaction was made. The transaction wouldn't be approved unless you managed to input those codes. So, if your credit card is stolen, the people who stole it wouldn't be able to make online purchase unless they steal your phone along with it.

Another example. Most credit card companies can block the card if they detected a suspicious activity. (for example, when it's used in multiple different cities compared to your usual city. )

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Cane Company manufactures two products called Alpha and Beta that sell for $120 and $80, respectively. Each product uses only on

pashok25 [27]

Answer and Explanation:

1. The total amount of traceable fixed manufacturing overhead is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Traceable fixed

manufacturing overhead $16 $18

Total amount of traceable fixed

manufacturing overhead $1,600,000 $1,800,000

2. The total amount of common fixed expenses is given below:-

Alpha Beta

Number of units produced 100,000 100,000

Common fixed

manufacturing overhead $15 $10

Total amount of common fixed

manufacturing overhead $1,500,000 $1,000,000

3. The computation of increase or decrease of profit is shown below:-

Selling price $80

Less: Variable cost

Direct material ($30)

Direct labor ($20)

Variable manufacturing

overhead ($7)

Contribution margin $23

Less: Variable selling

expenses ($12)

Profit per unit $11

Total profit increase

(10,000 × $11) $110,000

The computation of increase or decrease of profit is as shown below:-

Selling price $39

Less: Variable cost

Direct material ($12)

Direct labor ($15)

Variable manufacturing

overhead ($5)

Contribution margin $7

Less: Variable selling

expenses ($8)

Profit per unit ($1)

Total profit decrease

(5,000 × -$1) -($5,000)

4 0

3 years ago

The chief financial officer of a company is responsible for managing cash, accounts receivable, and inventory.

zaharov [31]

Answer:

True

Explanation:

Chief financial officer is one of the key positions at any company or firm. Chief financial officer plays a critical role in managing cash, account receivable and inventory management. He/She is responsible for handling the cash and managing the cash in such a way to remove chances of bankruptcy and shortages. Overall, it is an important post to complete all the tasks related to cash handling and inventory.

7 0

3 years ago

When there is no beginning Finished Goods Inventory and all the goods that are produced are sold, the operating income ________.

natali 33 [55]

Answer:

C) will be the same for both absorption costing and variable costing

Explanation:

If the beginning and ending balance for Finished Goods Inventory is 0, that means that all the absorption costs have been assigned and all the fixed costs (for variable costing) have been assigned also. So whatever costing method you choose the valuation should be the same.

4 0

3 years ago

On March 1, 2018, Gold Examiner receives $165,000 from a local bank and promises to deliver 100 units of certified 1-oz. gold ba

photoshop1234 [79]

Answer:

<u><em>there are two performance: </em></u>

the sales revenue and the insurance.

cash 165,000 debit

unearned revenues 165,000 credit

--to record collectiong from local bank

unearned revenues 165,000 debit

sales revenues 151,000 credit

insurance liability 9,900 credit

--to record gold delivered to Brink's--

insurance liability 9,900 debit

insurance fees earned 9,900 credit

--to record reception of bank from Brink/end of the insurance--

Explanation:

sales revenue

100 x 1,410 = 141,000 = 94%

insurance:

100 x 90 = 9,000 = 6%

total 150,000

combo: 165,000

sales revenue: 165,000 x 94% = 155,100

insurance fee earned: 165,000 x 6% = 9,900

7 0

3 years ago

Because Mike is only accountable for the $20,000 he invested in his friend Matt's company, the

Arlecino [84]

The answer is limited liability partnership

7 0

3 years ago