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3 years ago

Identify the detective control below.

Business

1 answer:

Darina [25.2K]3 years ago

7 0

Answer:

Reconciling the bank statement to the cash control account.

Explanation:

The reason is that the detective approach is the one which helps in identification of the errors in recording the facts and figure in a control system is the detective control. In this case, bank reconciliation helps in accessing the errors and entries that are not recorded in the books of accounts hence it is a detective control.

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Of the following mortars, type ____ is the strongest

pochemuha

Type M is the strongest

Is that what you were looking for I'm not a 100% sure.

3 0

3 years ago

Foghorn Company entered into a sales transaction in which it agreed to receive common stock from Leghorn Corporation as payment

Sedbober [7]

Answer:

The journal entry should be:

Dr Investment in Leghorn Corporation XX

Cr Accounts receivable XX

Explanation:

Foghorn Company must record the noncash payment as an asset which should be equal to the amount of money that it generally would have collected from the services provided. Since the payment is done through stocks, it must record that collection as an investing account.

Since transferring stocks usually takes a couple of days at least, the original journal entry should have recorded a debit to accounts receivable and a credit to service revenue.

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3 years ago

Bidder conferences are used to:

Zarrin [17]

Answer:

A. Answer questions about the project prior to submittal of proposals

Explanation:

A bidder conference is a meeting held by a buyer to discuss a possible purchase with multiple potential suppliers.

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3 years ago

Decisions made during the supply chain design phase regarding significant investments in the supply chain, such as the number an

Mars2501 [29]

Answer:

The correct answer is True.

Explanation:

A good supply chain aims to maximize the profitability of the company while trying to provide the best service in order to obtain a high degree of customer satisfaction. That is why, when planning the design, it must be customer oriented and not only focused on the company.

Steps prior to the design of the supply chain

When designing the supply chain, there are several points to consider in order to obtain a coherent and functional design.

The members that become part of the chain. The first thing to be fixed are the members that are part of the chain, since this will be the guide to go through the rest of the steps. Within this, a subdivision could be carried out, but it is worth mentioning that an agent can be a principal or support agent jointly depending on the work to be done at each moment:
Principal. They are the ones that provide direct value to the product or service.
Of support. They are those members whose function is to provide information or resources to the main members, such as banks.
Structure that forms the chain, that is, all the phases through which a product / service passes in order to be marketed as such. At this point we must try to be as meticulous as possible and always add as much as possible all the phases that are involved, both in manufacturing and in supply.
Processes and flows that are carried out in each of the structures mentioned above.

8 0

3 years ago

Charu Khanna received a Form 1099-B showing the following stock transactions and basis during 2019 Stock Date Purchased Date Sol

AysviL [449]

Answer:

Charu Khanna

The Net capital loss is:

= $2,000.

Explanation:

a) Stock Transactions and Data during 2019:

Stock Date Date Sold Sales Price ($) Cost Basis ($)

Purchased

4,000 shares Green Co. 06/04/07 08/05/19 12,000 3,000

500 shares Gold Co. 02/12/17 09/05/19 54,000 62,000

5,000 shares Blue Co. 02/04/08 10/08/19 18,000 22,000

100 shares Orange Co. 11/15/18 07/12/19 19,000 18,000

Total $103,000 $105,000

Net capital loss:

Long-term capital loss = $3,000

Short-term capital gain = $1,000

Net capital loss = $2,000 ($3,000 - $1,000)

8 0

3 years ago