Answer:
In the explanation is the proper point of view of how important the finance department is for every company.
Explanation:
To begin with, the quote is absolutely true. In order to be able to manage a successful business that can project future incomes, expectations and more they will need to have a good control and manage of the finances of the company. Moreover, the finance department inside every company is the one that decides how much is able to spend in marketing, in production and more because they have the calculations of every aspect that the company needs to know when it comes to terms of costs, incomes, inflation and expectation of future profits and more. So that is why that the quote is right, the finance plays a critical role when it comes to manage a business properly so that a superior and consistent performance can take place.
Answer:
true; all employees make either a positive or negative impact on a business
Explanation:
Answer:
Distinguishing between employees and independent contractors is important because:
employers can defend their noncompliance with employment laws by proving that persons performing work are independent contractors.
Explanation:
Legally, an employer-employee relationship is governed by a contract of service. This is an agreement between an employer and an employee. The employee does not perform specific tasks or projects, but any tasks assigned to her by the employer from time to time, and she must present at all times to perform the assignment. On the other hand, the legal relationship between an entity and a self-employed person or an independent contractor is governed by a contract for service. In a contract for service, the independent contractor engages with the entity to carry out an assigned project for a fee.
Answer:
494.00
Explanation:
The computation of the cost assigned to ending inventory using the FIFO method is shown below:
Particulars Units Unit Cost Amount
Purchase on January 9 50 3.20 160.00
Purchase on January 25 100 3.34 334.00
Cost of Ending Inventory 150.00 494.00
Since there are 150 units in the ending inventory so we take 50 units at $3.20 and the rest 100 units at 3.34 so that the cost assigned to the ending inventory could come