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Scilla [17]
3 years ago
15

Dan and another manager Susie are arguing about how their company has set up the material requisition slips. For their company a

manager has to sign off on all request slips in addition to the individual who is requesting the materials. Dan thinks this is an unnecessary extra step, while Susie believes this is important for the company. Who is correct
Business
2 answers:
UkoKoshka [18]3 years ago
7 0

Answer:

Susie is correct.

Explanation:

The material requisition slip is a document used by the production area of a company to request the materials that are needed for the maufacturing process. This allows to have a record of the materials that are moved and it should be sign by a manager because this provides an authorization that establishes responsability and more control over the inventory. According to this, the answer is that Susie is correct when saying that it is important for the company that a manager signs off on all request slips in addition to the individual who is requesting the materials.

Step2247 [10]3 years ago
5 0

Answer:

Susie is right

Explanation:

One of the basic principles of internal control for deterring fraud is separation of duties, and it basically refers to the fact that single person should not be responsible for making decisions regarding assets or cash flows.

In this case, by signing the material requisition slips, the manager is authorizing the request his/her subordinate made. This establishes accountability over materials and components inventory.

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hen a board of directors determines a specific profit goal, marketing managers usually implement a(n) Blank______ objective.
AveGali [126]

When a board of directors determines a selected profit goal, advertising managers commonly enforce a target return objective.

Target return Objective-

The goal return objective is to offer sufficient spending cash and hold the value of the portfolio after taking into consideration taxes and inflation.

The target return goal matters as it determines how the target return is calculated. Some people, which includes retirees, live on profits from their investment portfolios. A target return is actually the charge of return on an investment that a person or enterprise desires to earn. People have distinctive motives or goals in thoughts once they select to apply target returns as an investment tool. The target return goal matters as it determines how the target return is calculated.

learn more about investment portfolio here: brainly.com/question/1869290

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7 0
1 year ago
Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E
NemiM [27]

Answer:

$85

Explanation:

Costco Medical Supply's inventory:

                   Surgical Eq - Surgical Supp - Rehab Eq - Rehab Supp

Selling price     $260                  $100           $340               $165

Cost                  $170                     $90           $250              $162

Costs to sell     $30                      $15              $25                 $10

If we apply the net realizable value rule, the value of surgical supplies would be:

NRV = $100 = $15 = $85

the NRV is also the lower of cost since $85 < $90

6 0
3 years ago
On december 2017 coolwear had a balance in its prepaid insurance acount of 68,400. During 2018, 106,000 was paid for insurance.
NNADVOKAT [17]

Answer:

$132,400

Explanation:

Calculation for the Insurance expense

Using this formula

Insurance expense= 2017 Ending Balance in prepaid insurance account+ Amount paid for insurance-2018 Ending Balance in prepaid insurance account

Let plug in the formula

Insurance expense=$68,400+$106,000-$42,000

Insurance expense=$132,400

Therefore the Insurance expense recorded 2018 would be $132,400

8 0
3 years ago
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Ludmilka [50]

A process for two or more people coming together to operate an investment, such as partnerships or corporations, is Franchise.

<h3>What is franchise?</h3>

Franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger entity.

Advantages of owing a franchise are :

  • A franchise owner gets valuable help throughout the lifespan of the business.
  • Owning a franchise comes with a low rate of failure.

Therefore, franchise is a process whereby two or more people come together to operate an investment, such as partnerships or corporations.

Learn more about franchise here: brainly.com/question/3687222

4 0
2 years ago
What is the future value of your money
GalinKa [24]
Future value<span> is the </span>value<span> of an asset at a specific date. It measures the nominal</span>future<span> sum of </span>money<span> that a given sum of </span>money<span> is "worth" at a specified time in the</span>future<span> assuming a certain interest rate, or more generally, rate of return; it is the present </span>value<span> multiplied by the accumulation function.</span>
4 0
2 years ago
Read 2 more answers
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