Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock
Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.
Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments
Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.
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The question is incomplete:
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:
a. Ethnocentric staffing policy
b. Polycentric staffing policy
c. Geocentric staffing policy
d. None of the above
Answer:
Geocentric
Explanation:
-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.
-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.
-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.
According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.
Answer:
Cost of Goods Sold for the month is $1656
Explanation:
Weighted Average Cost System calculates a new average for goods after each purchase.
Mountain Made Inventory Balance runs as follows:
<u>At Beginning:</u>
(3 quilts × $200) = $600
<u>After Purchased of 7 additional quilts for $210 each:</u>
(3 quilts × $200) + (7 quilts × $210) = $2070
New Inventory Cost = $2070/10quilts =$207 each
<u>At end</u>
2 quilts remained unsold. Therefore sold quilts were 8 ie (10quilts-2quilts)
Therefore cost of sold quilts is 8 × $207 = $1656
Answer:
Match the invoice with the PO.
Record the transaction in the system.
Post the transaction to a ledger
Generate unadjusted Trial balance
Prepare adjusted Trial Balance.
Issue Financial statements
Closing entries
Post closing Trial balance.
Explanation:
The accounting procedure is followed to record any transaction of the business. The transaction are recorded in the system and then these transactions are posted into ledger which forms the trial balance and then financial statements are prepared.