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saw5 [17]
3 years ago
11

The fact that Minnie spends most of her time measuring costs and checking to see if departments are staying within their budgets

suggests that she is often involved in:
a. auditing
b. managerial accouting
c. bookkeeping
d. departmental certification
Business
1 answer:
olga_2 [115]3 years ago
6 0

Answer: B) Managerial Accounting

Explanation:

Minnie is a managerial accountant because she spends her time measuring cost and checking if various departments are still within their budget.

Managerial accounting: It can also be called " cost accounting" or " management accounting". It is a branch of accounting that identifies, measures, analyze, interprete, and communicate financial information to managers. It helps managers make rational decisions regarding the operations of the business.

Minnie as a managerial accountant, needs to analyze various events and operational data in order to translate those data into useful information that can be used by the management in their decision-making process.

Minnie's duty is to provide information regarding the business operations by analyzing data of each department.

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To the extent that employers conduct a social media background check on job candidates, best practices are all of the following
Grace [21]

Answer:

Limit access to private information by friending someone

Explanation:

When conducting recruitment of an individual employers sometimes do background checks on the person's social media information.

There however needs to be consideration of the person's privacy in doing this.

There should be use of only publicly available information, background check can be done by a third party that is not making hiring decision, and do not request username and password for social media platforms.

It is not best practice to befriend a person on social media in order to obtain their private information.

8 0
2 years ago
Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end invento
Genrish500 [490]

Answer:

inventory impairment/cost of good sold (p/l)   $500

Explanation:

IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.

Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).

              Quantity    Unit Cost     Unit NRV      Lower of cost/NRV  Amount

Model A    100               $100              $ 120       $100                       $10,000

Model B      50                $50               $ 40        $40                         $2,000

Model C      20                $200             $210        $200                      $4,000

Adjustment required = 50 ($50 - $40)

=$500

This posted as

Debit inventory impairment/cost of good sold (p/l)   $500

Credit Inventory account                                              $500

5 0
3 years ago
At December 31, 2018, Oriole Company reported the following information on its balance sheet.
drek231 [11]

Answer:

Bad debt expense (Dr.) $68,930

Allowance for Doubtful Debt (Cr.) $68,930

Explanation:

Accounts Receivable :

Balance $948,000

Add: Sales $3,609,930

Less: Sales returns $51,000

Less: Collections $2,756,000

Less: Write offs $97,000

Add: Recovery of old Bad debts $28,000

Adjusted Balance $1,653,930

Bad Debts :

Balance $78,000

Less: Allowance for doubtful debts $97,000

Less: Recovery $28,000

Adjusted Balance $9,000

7 0
3 years ago
Produced by paul, the ____________ album was recorded between 2/77 and 1/78 in both the uk and off the virgin islands during six
belka [17]

Answer:

London town

Explanation:

8 0
3 years ago
Assume that you inherited some money. A friend of yours is working as an unpaid intern at a local brokerage firm, and her boss i
Firlakuza [10]

Answer:

Decision : It is not good invest as it offers at $925 whereas your bank deposit cost $893.16 for same return.

Explanation:

Detailed calculations are carried out in the attachment below.

8 0
3 years ago
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