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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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FL Systems Inc. and Oryxo Systems Inc. are two competing firms. FL Systems Inc. has $300,000 in tangible assets and $200,000 in

BartSMP [9]

Answer:

Explanation:

Based on the scenario being described within the question it can be said that FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive advantage. This is mainly due to the fact that FL Systems Inc. has a large percentage of their money locked in intangible assets. These are assets that cannot be touched or physically used by the customers which makes it very difficult for customers to see the potential value which ultimately hurts their competitive advantage.

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3 years ago

Is marihuana legal in california?

ikadub [295]

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3 years ago

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According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct

vichka [17]

Answer:

Capability ratio = 1.04166

Explanation:

Given:

Length of a shoe (not deviate) = 1 mm

Standard deviation of this length = 0.32 mm

Number of standard deviations = 3

Find:

Capability ratio = ?

Computation:

Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations

Capability ratio = [1 / 0.32] / 3

Capability ratio = 3.125 / 3

Capability ratio = 1.04166

Capability ratio is greater than 1, therefore process is capable.

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3 years ago

Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example

erastovalidia [21]

Mike Tyson earned about $200 million during his career. However, in 2003 he was in financial trouble. This an example of poor management skills. If he had of invested his money wisely. not spent his money on things not needed, and not overindulged in a lavish lifestyle, he would still have this money or more today.

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3 years ago

Consider this case: Last year, Jackson Tires reported net sales of $80,000,000 and total operating costs (including depreciation

Burka [1]

Answer:

Value added: 8,450,000

Explanation:

net sales 80,000,000

operating cost: (52,000,000)

EBT 28,000,000

tax expense:

28,000,000 x 40% (11,200,000)

Net income 16,800,000

Assets: 83,500,000

cost of capital: 83,500,000 x 10% = 8,350,000

Value added:

16,800,000 - 8,350,000 = 8,450,000

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3 years ago