TB 01-85 Payment of accounts payable decreases both I...

A(n)_____ is a structured review of specific quality management activities that help identify lessons learned that could improve

kvv77 [185]

A Quality Audit is a structured review of specific quality management activities that help identify lessons learned that could improve performance on current or future projects.

<h3>What is an Audit?</h3>

An audit is the physical and thorough inspection of an organization's account or activities carried out by an independent body.

In a Quality management system, a Quality audit must be carried out. The quality audit is a structured review regarding the quality management activities that helps in improving performance of the organization.

Learn more about Audit here:

brainly.com/question/26048609

3 0

2 years ago

Stubs-R-Us is a local event ticket broker. Last year, the company sold 750,000 tickets with an average commission of $10. Becaus

jok3333 [9.3K]

Answer:

$6,237,600

Explanation:

The computation of Estimate commission revenues is shown below:-

In the Coming year the market volume = 100% - 20%

= 80%

In the Coming year the number of sales = 100% - 8%

= 92%

In the coming year the Average commission per trade = 100% + 13%

= 113%

Commission revenue = Sold tickets × Average commission × In the Coming year the market volume × In the Coming year the number of sales × In the coming year the Average commission per trade

= 750,000 × $10 × 0.80 × 0.92 × 1.13

= $6,237,600

We applied the same formula to find out the commission revenue earned by the company

7 0

3 years ago

Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp pro

bonufazy [111]

Answer:

the equivalent units of production for materials = 352,616 units,

the equivalent units of production for for labor and overhead (conversion) = 339,304 units

Explanation:

First Determine the physical units that were Completed and Transferred out

<em>Units Completed and Transferred = Units in Opening Work In Process + Units Started During the Year - Units in Closing Work In Process</em>

= 80,400 + 301,400 - 51,200

= 330,600

Calculation of Equivalent Units of Production for

1. Materials

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 43%) = 22,016

Total Equivalent Units of Production for Materials = 352,616

2. Labor and Overhead

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 17%) = 8,704

Total Equivalent Units of Production for Conversion = 339,304

3 0

3 years ago

What is a nonprofit corporation, and how is it different from a C corporation?

nalin [4]

Answer:

A corporation is to make profit

non-profit coorporation don't have any shareholders, so they serve a different function. Thier focus is on something other than making profit

3 0

3 years ago

Read 2 more answers

All transactions ______. (Select all that apply.) Multiple select question. have at least two effects on the accounting equation

lys-0071 [83]

All transactions b. affect assets, liabilities, and/or stockholders' equity, and d. must affect both assets and stockholders' equity.

<h3>What is the accounting equation?</h3>

The accounting equation shows that assets are equal to liabilities and equity.

The implication of the accounting equation is that every transaction has at least two effects on the elements of financial statements, given their linkages.

Thus, the correct options are Options B. and D.

Learn more about the accounting equation at brainly.com/question/24401217

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5 0

2 years ago