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Tresset [83]
3 years ago
15

Which term refers to business processes that are not executed by a single group or function? _______

Business
1 answer:
Vlad [161]3 years ago
3 0

Answer:

B) Cross-Functional

Explanation:

A cross-functional team is a group of workmates from different functional departments who collaborate to achieve a common goal. Organization create cross-functional teams to work as a unit on a specific project.  The teams are temporary and get dissolved once the project is completed.

Cross-functional teams help an organization get better results more quickly.   The team is composed of experts from different sections which eliminates the need for too much internal consultations. The organization gets high-performance results due to the composition of the team.

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Which british entrepreneur cofounded the de beers mining company and used his power to increase british control of african terri
Allushta [10]
Cecil Rhodes co-founded the DE beers mining company and used his power to increase British control of African territory. <span />
6 0
3 years ago
Why must a signature card be filled out and signed to open a checking account?
Viefleur [7K]
A signature card is a document that a bank keeps on file with the signatures of all the authorized people on that account. ... In other words, a signature card is a fraud prevention tool that a bank uses to make sure unauthorized people aren't forging checks in the company's name.
5 0
3 years ago
Purchased raw materials of $17,700 on account. (b) Incurred factory labor of $39,200. Of that amount, $29,400 relates to wages p
alekssr [168]

Answer:

Journal Entries:

a) Debit Raw materials inventory $17,700

Credit Accounts payable $17,700

To record the purchase of raw materials on account.

b) Debit Payroll expense $39,200

Credit Wages payable $29,400

Credit Payroll taxes payable $9,800

To record payroll expense.

c) Debit Factory utilities expenses $3,600

Credit Utilities payable $3,600

To accrue factory utilities expenses.

Debit Factory property taxes of $2,510

Credit Cash $2,510

To record payment of property taxes.

Debit Depreciation Expense, Factory building $9,600

Credit Accumulated Depreciation, Factory building $9,600

To record depreciation expense.

Explanation:

1) Data and Analysis:

a) Raw materials inventory $17,700 Accounts payable $17,700

b) Payroll expense $39,200 Wages payable $29,400 Payroll taxes payable $9,800

c) Factory utilities $3,600 Utilities payable $3,600

Factory property taxes of $2,510 Cash $2,510

Depreciation Expense, Factory building $9,600 Accumulated Depreciation, Factory building $9,600

3 0
2 years ago
Jane's Donut Co. borrowed $198,000 on January 1, 2021, and signed a two-year note bearing interest at 11%. Interest is payable i
spayn [35]

Answer:

$21,780

Explanation:

Calculation to determine what Jane's should report interest expense at December 31, 2021, in the amount of:

Interest expense at December 31, 2021=$198,000 x 11% x 12/12

Interest expense at December 31, 2021= $21,780

Therefore Jane's should report interest expense at December 31, 2021, in the amount of: $21,780

7 0
3 years ago
Kacy Spade, owner, invested $11,750 cash in the company in exchange for common stock. The company purchased office supplies for
Mila [183]

Answer:

Cash  11,750 debit

     Common Stock  11,750 credit

Supplies   341 debit

    Cash           341 credit

Equipment 6,489 debit

         Accounts Payable   6,489 credit

Cash    1,387 debit

   Fees Earned  1,387 credit

Accounts Payable 6,498 debit

                  Cash          6,498 credit

Cash      2,491 debit

  Fees Earned   2,491 credit

rent expense 525 debit

    Cash                   525 credit

Cash        1,046 debit

     Accounts Receivables   1,046 credit

Dividends   1,000 debit

       Cash            1,000 credit

Cash T-accounts

<u>Debit     Credit     </u>

    11750

                 341

      1387

               6498

      2491

                  525

      1046

                1000

<u>     16674 8364    </u>

Bal  8310

Explanation:

To record journal entries we should always make sure debit colum equals credit column.

Also, each account can only be used one time per entry and with one value.

The T-account represent all the movement of an account.

We list each debit and credit made to that account in the course of the accounting cycle.

Then we calcualte the difference and determinated the balance.

7 0
3 years ago
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