Explanation: A well-documented procure-to-pay process:
Creates a frictionless environment where your employees get what they need without uncertainty. ...
Ensures consistent oversight into purchases and adherence to budgets and departmental prerequisites.
Reduces risks of ordering from unknown suppliers or making out-of-process, unsanctioned purchases
It increases visibility, reduces redundancy, and allows finance to track, analyze, and forecast spending
P.s hopes this helps!
Answer and Explanation:
1. 5,000
2. 5,500
Working;
Machine Hour available : 4,000
Product P-4 Has higher contribution margin, so it must be produced maximum.
Maximum demand for Product P-4 = 5,500 Units
Time required by each Unit = 30 Min.
Total Hours required for 5,500 Units, 5500 / 2 = 2,750 Hours
Remaning hours will be alloted to K-3.
Each unit of K-3 require 15 Min. , So total of 4 Units in an hour.
Total units produced = 1,250 x 4 = 5,000 Units.
Answer:
c. many buyers and sellers.
Explanation:
A perfect market for competition is a market that has a high level of competition.
It has the following features -
1. With regard to the market, knowledge is great in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The sellers and buyers are more in this market
Answer:
Not satisfied with the status quo An idea champion identifies opportunities for change and promotes innovation in the organization, helping to overcome resistance.
An Idea Champion
Explanation:
An idea champion is a member of a certain group with a personality that allows him to play the role of a supportive individual when someone has a good proposal, that makes everyone else involved in that task, reduces resistance to change, and finally guarantees that the objectives are accomplished. This is the type of leader that might not be in a high hierarchical position but can be in a high level of social influence and esteem.
Answer:
Estes must adjust the Securities Fair Value Adjustment account (which is a contra asset account) by debiting $17,500 (= $475,000 - $492,500). Since the investment in trading securities is considered an asset but it had lost value, an unrealized loss of $25,000 was reported in its 2017 balance. Since the investment's value has increased, the unrealized loss has to decrease. This is done by crediting an unrealized gain of $17,500 in the Unrealized Gains account (equity account).
