All categories

3 years ago

What is record management policy

1 answer:

7 0

This establishes a framework for a company's records management program, by which all records of the company's activities are created, maintained, organized, made accessible, stored, and disposed of under legislative requirements.

You might be interested in

The Thomlin Company forecasts that total overhead for the current year will be $11,270,000 with 161,000 total machine hours. Yea

sergey [27]

Answer:

<u><em>underapplied for 2.037.000‬</em></u>

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

we divide the expected overhead by the expected machine hours:

11,270,000 / 161,000 = $70

applied overhead = actual machine hours x rate

85,000 MH x $70 = 5,950,000

actual overhead 7,987,000

As we applied less than actual cost we underapplied the overhead.

7,987,000 - 5,950,000 = 2.037.000‬

5 0

4 years ago

Open a general journal for the City of Monroe Community Foundation Trust Fund and record the following transactions for the year

ICE Princess25 [194]

Answer:

The beginning part of the question is found below:

The City of Monroe Scholarship Foundation private-purpose trust fund had the following account balances on January 1, 2017:

Debits Credits

Cash $49,500

Accrued Interest Receivable $7,500

Investments in Corporate Bonds $750,000

Net Assets Held in Trust $807,000

Totals $ 807,000 $ 807,000

Find below the necessary journal entries in the explanation section:

Explanation:

The interest received =6%*$750,000*6/12=$22,500

Dr Cash $22,500

Cr Interest income(balance) $15,000

Cr Accrued interest receivable $7,500

Additional funds of $205,500 received:

Dr Cash $205,500

Cr donation income $205,500

the investment of $200,000 in corporation stock

Dr investment in corporation stocks $200,000

Cr Cash $200,000

receipt of half of the year annual interest on bonds(as calculated above at $22,500)

Dr cash $22,500

Cr Interest income $22,500

cash is debited when there is an inflow and credited in case of outflows

The investment account is debited because it is an asset

8 0

4 years ago

The authors of the textbook advocate using the dialectic approach to understand intercultural relationships. The dialectic appro

babymother [125]

Answer:

The statement is: False.

Explanation:

The dialectic approach is a method of communication that takes place when two individuals have a different point of view over a certain matter but wish to come to an understanding of the other's position by reasoned arguments. The dialectic approach combines the social, interpretive, and critical approaches.

5 0

3 years ago

Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the developme

erastovalidia [21]

I do not see options?

8 0

3 years ago

Bob has been training with you for three months. He has lost 15 pounds (7 kg) and has changed his eating habits. A new position

Musya8 [376]

Answer: Select smaller portions, order grilled items vs. fried, and limit sauces

Exercise often

Explanation:

Dieting asides it involving food has great discipline that is most important. In as much as an individual stops some meal or limit taking some, he needs to be consistent in the decision to stick by appying discipline in eating irrespective of their location, with the goal that was in the mind when the process began. Bob would have to continue with the same routine of food that made him loose weight and what I'll recommend for him would be Select smaller portions, order grilled items vs. fried, and limit sauces. Then, exercise often.

8 0

3 years ago