Answer:
QC
Explanation:
US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.
Answer:
c. operating activities
Explanation:
Operating activities -
It is the activity of the functions of the business which is directly linked via providing the respective services and goods in the market , is known as operating activities .
It is the core business activity of the company , like the marketing , distributing , selling the services or goods and manufacturing .
It is responsible for the majority of the cash flow within the company .
Hence , from the question , the correct term according to the given data is c. operating activities .
Answer:
Budgeted Production is obtained by adding Sales to the desired finished goods inventory and subtracting beginning finished goods inventory.We move opposite to get to the budgeted production .
For example if we have $ 300,000 sales and desired ending inventory is $ 50,000 and finished good beginning inventory is $ 25,000 so the budgeted production would be
Budgeted Production = Sales + Desired Ending Inventory - Beginning Inventory
Budgeted Production = $ 300,000 + $ 50,000- $ 25,000= $ 325,000
Answer: The terms provided do not match the definitions provided. the answer to the question is 1) Purchase order 2) imprest fund
Explanation:
a. A document that creates a legal obligation to buy and pay for goods or services ----- Purchase order
A purchase order is an agreed document which indicates the type of product or services, quantities of product, and prices for products or services between two parties. it is usually issued by a company who is referred to as a buyer to a vendor known as a seller to supply the goods or services. When the vendor supplies the products, will be paid by the company who is the buyer according to payment terms.
b. The method used to maintain the cash balance in the petty cash account--- imprest fund--- This is a petty cash system where a fixed sum amount of cash is maintained and kept aside by a business only for managing expenses that may arise due to some circumstances but after being taken out, must be replenished.
Solution :
The investment which was made by the Monsanto Company had both qualitative as well as quantitative aspects. The quantitative aspect of the investment represents the strategic evaluation which relates to the investment in order to improve the process control and the laboratory automation. While improving the process control helps in controlling the working process of the machines and the human force which reduces the wastage to a large extent, it also increases the efficiency and it reduces the cost per unit.
The laboratory automation increases the efficiency of working and also increases the production. Strengthening the LAN network improves the organizations' communication and also reduces the unnecessary delays in the work saving cost. Improving the local area network provides qualitative improvement and it speeds up the work thus reducing the wastage of time and promotes effective communication.
