This check is referred as insufficient funds
It's a deduction in bank reconciliation statement from book account and the entry to record this is
Accounts receivable (Dr) xxx
To bank (Cr) xxx
<span>The company president does not believe that the formula should be altered for fear it will tarnish the company's brand. </span>She prefers that the company spend more on marketing and
increase the price. The company’s accountants believe that if marketing costs are increase
by $400,000 then the company can achieve a selling price of $42 per bottle without losing
any sales. At this price, will the company achieve its target operating income of 40% of
revenue?
Total cost
= $9,600,000
Add:
Increase in marketing costs=
400
,000
Total costs of redesigned table =
$10
,000,000
Revised cost per unit ($10,000,000 ÷ 400,000 units)
= $25
Target cost per unit ($42 × 0.60)
= $25.20
Yes, this proposal allows the company to meet its goal of target costs less than 60% of
revenue and target operating income greater than 40% of revenue.
We are need skills to be able to do work. The above means that the leader’s management or organizing skills are particularly important.
<h3>The act of Organizing</h3>
- Organizing is simply known as when one is involve in assigning tasks, giving tasks into departments, sharing authority, and allocating resources etc. in all aspect of the organization.
During the organizing process, managers coordinate employees, resources, policies, and procedures to facilitate the goals identified in the plan.
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Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.
Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”
Explanation: