Answer:
The correct answer to the following question is option b) Separation of functions.
Explanation:
In a retail environment , the cash management process starts when a customer pays the cashier for the product or services he or she has purchased. The cashier then counts the cash in till drawer and then at end of the day cashier takes that cash to the third party who can be either manager or owner or a supervisor. Then cashier would receive a receipt against the cash for till drawer.
Now supervisor would collect cash from all the cashier and prepare the cash to be deposited in bank. So from this process it is quite clear that here there is separation of functions here and while all other options given in the question are present in the process.
It is because he is paying money so it is a expense
Answer:
The answer is $330,000
Explanation:
Cash paid to suppliers is the total amount of cash paid to its creditors.
We can find that through:
Cost of sold
Minus: Decrease in inventory
Plus: Decrease in accounts payable
=Cash paid to suppliers.
Now let's start:
Cost of sold - $450,000
Decrease in inventory - $160,000
Decrease in accounts payable- $40,000
$450,000 - $160,000 + $40,000
=$330,000
Therefore, Cash paid to suppliers is $330,000
Where is the video? I can't see it.
Answer:
B. Make sure each main point is brief
Explanation:
Based on the answers provided within the question it can be said that answer that is not an effective principle for preparing main points is making sure each main point is brief. Main points need to be emphasized and thoroughly detailed as they are the most important aspects in a presentation. Only the subtopics may be made brief.
