1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Cloud [144]
3 years ago
8

What are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and clos

ing processes?
Business
1 answer:
denis23 [38]3 years ago
6 0

Answer:

operational business processes

Explanation:

The processes carried out within a company are divided into:

  • operational business processes: carried out by entry level employees and includes routine daily business processes
  • tactical or managerial business processes: carried out by lower management or supervisors and includes semi-routine monthly business processes
  • strategic business processes: carried out by upper management and includes dynamic, non-routine long-term business decision processes

You might be interested in
During 2019, Revitup, Inc., an exercise video retailer, sold $24,000 of videos to its customers. Revitup collected $22,000 and e
Oksanka [162]

Answer:

$24,000

Explanation:

Since in the question it is provided that there is a sale value of the videos to its customers i.e. $24,000 also the collection is of $22,000 and the remaining balance i.e. $2,000 is expected to collect in Jan 2020

Based on the above information, the revenue should be reported on the income statement at the $24,000 as this amount represent the sale value of the videos to its customers and hence, the same is to be considered

Hence, 24,000 would be reported as a revenue in the income statement

4 0
3 years ago
All of the following are true regarding implied agreements EXCEPT which one?
Brrunno [24]

Answer:

An implied agreement is based on a formal agreement.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.

This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.

4 0
3 years ago
Latham Corporation constructs a new factory building. The materials cost $300,000. Other costs include direct labor of $150,000,
Dovator [93]

Answer:

$535,000

Explanation:

The computation of the Latham's basis in the building is shown below:

= The material cost + direct labor cost + worker pension cost + architectural fees + depreciation on equipment  + interest paid during the year

= $300,000 + $150,000 + $5,000 + $15,000 + $25,000 + $40,000

= $535,000

It includes both direct and indirect cost

Since we have to compute for the building so we do not considered the purchase value of land and the loan amount

3 0
3 years ago
what document explains your rights and responsibilities as a federal student loan borrower? your master promissory note. your bi
Natalija [7]

The document that explains your rights and responsibilities as a federal student loan borrower is A. your master promissory note.

The master promissory note refers to the legal document where one promises to repay their loans and any fees or accrued interests to the Department of Education.

The <em>master promissory note</em> also explains the terms and the conditions of the loan that's taken. It's simply a legally binding document. One has to understand the rights and then responsibilities before one takes the loan.

In conclusion, the correct option is your master promissory note.

Read related link on:

brainly.com/question/25077675

7 0
3 years ago
An organization that consists of many layers of management is referred to as a(n) ____________ organization.
Jlenok [28]
I believe the answer is either tall or bureaucratic organization.
7 0
3 years ago
Other questions:
  • A company, Blue Marbles, who has a presence on Interwebs has become actively involved in political campaigns and uses their prof
    7·1 answer
  • Career cluster help identify the knowledge and skills needed to;
    8·2 answers
  • Runner's warehouse purchased digital watches for $92.99. its markup rate is 25% based on the selling price. what is the selling
    15·1 answer
  • Which type of electronic meeting held between people at two or more locations combines audio and video transmission?
    5·1 answer
  • Partners a and b receive a salary of $30,000 and $60,000, respectively, and share income and losses in a 2:1 ratio, respectively
    10·1 answer
  • Which indicators do economists use to determine the state of the economy? Check all that apply.
    9·2 answers
  • Suver Corporation has a standard costing system. The following data are available for June
    9·1 answer
  • Which is an example of an automatic stabilizer? As real GDP decreases, income tax revenues: 
A. Increase and transfer payments d
    15·1 answer
  • If the demand for product x is inelastic, a 15 percent decrease in the price of x will:____.
    6·1 answer
  • Ked what would you do if one of the customers began making off-color jokes that other customers in the bar could hear? rosario m
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!