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Bas_tet [7]
4 years ago
10

Threadless is a community-centered online apparel store that leverages user-generated content. The idea is to turn consumers int

o prosumers, a hybrid between producers and consumers. Members of the Threadless community do most of the work, which they consider fun: They submit T-shirt designs online, and community members vote on which designs they like best. The designs receiving the most votes are put in production, printed, and sold online. It can be said that Threadless uses the _____ technique.
A) crowdsourcing
B) product diversification
C) horizontal integration
D) offshoring
Business
2 answers:
Sergio039 [100]4 years ago
6 0

Answer:

A) crowdsourcing

Explanation:

Based on the scenario being described within the question it can be said that Threadless seems to be using the crowdsourcing technique. This technique focuses on obtaining information or opinions of a specific task or project by contacting or hiring a large population of individuals that meet certain specifications, this is usually done over the internet to reach a wider audience. Which is what Threadless is doing with their voting system.

lozanna [386]4 years ago
6 0

Answer:

The correct answer is A) crowdsourcing .

Explanation:

Crowdsourcing refers to a type of open collaboration between tasks, since it allows people who are not a direct part of our organization to perform functions that in the past were performed by employees of the organization. These people must go through a selection process in order to determine if they have the necessary skills to carry out the work, in order to respond to any challenge that may arise in their development.

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Which of the following is the fee structure of Lots a Loot Bank?
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3 years ago
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Madison Corporation’s expected beginning cash balance is $35,000. Cash collections are budgeted at $50,000 and cash disbursement
steposvetlana [31]

Answer:

$25,000

Explanation:

The cash balance for Madison's Corporation is:

= beginning balance + cash collections - cash disbursements

= $35,000 + $50,000 - $80,000 = $5,000

Since Madison can borrow money in $10,000 increments, they need to borrow $20,000 to be able to meet the minimum cash balance.

So their expected ending cash balance is = $5,000 + $10,000 + $10,000 = $25,000

4 0
3 years ago
Statement of stockholders’ equity Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,
Amanda [17]

Answer and Explanation:

The preparation of the statement of stockholder equity is presented below:

Particulars      Common Stock    Additional Paid in Capital   Retained Earnings   Total

Balances, October 1   $150,000    $3,225,000    $12,400,000    $15,775,000

Issued Common Stock   $50,000   $750,000                              $800,000

                                 (50,000 shares × $1)                            (50,000 shares × $16)

Add:  Net Income                                                  $2,350,000       $2,350,000

Less:  Dividends                                                    -$475,000          -$475,000

Balances, October 31    $200,000    $3,975,000   $14,275,000   $1,8450,000

5 0
3 years ago
identify items that can be included under cash,articulate the risks and controls typically associated with these accounts and su
Citrus2011 [14]

Answer:

Items of Cash : Cash and Till float

Risks : Fraud and Theft

Controls : Segregation of duties over the receipt and recording of money and Every cashier should only be responsible for his own funds.

Test of Controls : Do a surprise cash count and Enquire about and observe the controls over cash by management

Explanation:

Bank and cash transactions occur on a daily basis in all businesses. Although the cash and bank balances may not individually be significant, annually the volume of cash and payment transactions and bank deposits can be significant to the entity.

Items of Cash

Cash balances comprise the following:

  • Cash
  • Petty cash
  • Till float
  • Unbanked receipts

Risks

Cash is highly susceptible to fraud and theft by employees, often in collusion with third parties.

To mitigate this risk related to cash balances, management will usually implement strict control policies and procedures for cash handling and recording.

Controls in the bank and cash cycle can be divided into 2 categories:

  • Basic controls
  • Controls over cash

Basic Controls

  • Segregation of duties over the receipt and recording of money.
  • Different forms of cash (sales, petty cash, cash loans) should be kept separately and recorded separately.
  • Proper stationery control. Receipts, cash sales slips/invoices must be numerically recorded
  • Safeguarding of money. Cash must be locked in a Volt and deposited as soon as possible. You would also need control over the key to the Volt.

Control over Cash

  • Cashier must balance cash on a daily basis and must compare it with the source documents (receipt, cash invoices, cash register totals) and record it on a cash receipt summary. The Cash Receipt Summary must be Signed by the Cashier, Independently reviewed by the Senior Official.
  • Every cashier should only be responsible for his own funds. Usually during lunch. Cash registers must be locked away.
  • Every cashier should be responsible for his own float. They should lock in Cash Drawer.
  • Supervision over cashiers. Through the use of Cameras.
  • Cash must be banked as soon as possible.

Audit approach for testing these accounts

  • Enquire about and observe the controls over cash by management.
  • Do a surprise cash count (also attend on a surprise basis the daily balancing of cash). In the presence of a Cashier who signs back of the receipt, agree the cash with the supporting documentation (receipts, cash invoices, cash register total) and follow the float through to the balance in the ledger.
  • At a later stage follow the cash counted through to deposit slip, and agree it with the cash counted, ensure they are banked timeously and follow the total of the deposit slip through to the cash book and bank statement.
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3 years ago
A person with no postsecondary education is most likely qualified for a career as
slavikrds [6]

a Municipal Clerk. You can be a clerk but most of this you need to be qualified. Also is this class careers I took that in 6th grade!

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