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romanna [79]
4 years ago
7

In a job cost system, the Work-in-Process Inventory controlling account may be reconciled to the total of the: Multiple Choice M

aterials requisitions. Employee time cards. Job cost sheets. Work-in-Process Inventory records for each department or process.
Business
1 answer:
cupoosta [38]4 years ago
3 0

Answer:

The correct answer is letter "B": Job cost sheets.

Explanation:

Work-in-Process or WIP is the cumulative cost of unfinished products currently under production. Companies producing large or custom items usually use a WIP inventory system. The WIP ledger is formed by many different job cost sheets where the manufacturing accumulated cost for each job is recorded.

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What is one potential benefit of establishing trade barriers?
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3 years ago
The performance management approach that uses job performance evaluations to identify a company's best, average, and worst perfo
timurjin [86]

The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".

<h3>What is forced ranking?</h3>

The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.

The problem with forced ranking are-

  • This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.
  • Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.

The forced rankings beneficial from an employee perspective, here are reasons-

  • This system teaches a manager how to assess employees objectively with the right management training.
  • When the management system needs to be improved or formalised, forced rankings are advantageous.
  • An essential component of business is analysing trends and developments.

To know more about example of forced ranking, here

brainly.com/question/6626507

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2 years ago
A company earned $6,125 in net income for october. Its net sales for october were $17,500. its profit margin is?
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The profit margin is 35 percent when the net sales were $17,500 and the net income was $6,125.

The profit margin is calculated by dividing net income by net sales.

Therefore, Profit margin = \frac{6125}{17500}= 0.35

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