Answer:
c. a debit to Inventory for $10,000
Explanation:
Whenever goods are purchased on a discount to be received on payment basis, the inventory is first recorded at cost.
Also as per the general rule, discount is a kind of income, and incomes are recorded only when earned, therefore, the cost of inventory shall be reduced by 4% only when the payment is made, therefore the inventory on the date of purchase shall be recorded at $10,000 only and not for $9,600.
Thus, correct option is c
Answer:
The correct answer is letter "B": run the risk of overseas companies using the information to produce competitive products.
Explanation:
Outsourcing is an approach used by companies to take part of their operations abroad where labor costs and materials are cheaper. This is a good strategy to avoid being subject to stiff regulations imposed by the government that could affect the business.
Though, <em>the disadvantages of outsourcing rely on the loss of the quality control of the output, assigning duties to the unskilled workforce or the fact that the outsourced manufacturers can filter the technology of the company to competitors to produce imitations.</em>
Answer:
what are the options? then ill reply with an answer.
I’m thinking (a., because im pretty sure you need to have the heading before make an argument.
Answer:
C. A flexible budget shows expected revenues and costs at a variety of activity levels.
Explanation:
A fkexible budget is a plan that you adjust according to changes in activity, for example, when costs vary with the changes in volume. This type of budget is adapted in regards to the organization's needs and it can be used for the whole company or a specific department. Also, the flexible budget is used to adjust the master budget to the current volume. According to this, the answer is that a flexible budget shows expected revenues and costs at a variety of activity levels.
