A net worth statement, insurance plan, and a budget are all part of a?

The following selected transactions were completed by Coat Delivery Service durning July: 1. Received cash in exchange for commo

cupoosta [38]

Answer:

1. Received cash in exchange for common stock, $35,00.

Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity

Correct Option: c

2. Purchased supplies for cash, $1,100.

Transaction Effect: Supplies will increase in asset, cash will decrease in the asset

Correct Option: a

3. Paid rent for October, $4,500.

Transaction Effect: Paid cash will decrease in asset and rent expenses will decrease stockholder equity

Correct Option: e

4. Paid advertising expense. $900.

Transaction Effect: Rent paid will Decrease in an asset, decrease in stockholders' equity

Correct Option: e

5. Received cash for providing delivery services, $33,000.

Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity

Correct Option: c

6. Billed customers for delivery services on account, $58,000.

Transaction Effect: Billing customers will Increase in an asset, increase in stockholders' equity

Correct Option: c

7. Paid creditors on account, $2,900.

Transaction Effect: Creditors payment will Decrease in an asset, decrease in a liability

Correct Option: d

8. Received cash for customers on account, $27,500.

Transaction Effect: Received payment from customers will Increase in an asset, decrease in another asset

Correct Option: a

9. Determined that the cost of supplies on hand was $300 and $8,600 of supplies had been used during the month.

Transaction Effect: Supplies expense will Decrease in an asset, decrease in stockholders' equity

Correct Option: a

10. Paid cash dividends, $2500.

Transaction Effect: Cash payment will decrease in asset, dividend will decrease in stockholders equity

Correct Option: e

7 0

4 years ago

What is one way that an organization could improve its risk management maturity level for process risks such as those related to

irina1246 [14]

The ways by which an organization could improve its risk management are shown below.

<h3>Ways by which an organization could improve its risk management:</h3>

(A) Think broadly about your supply chain -

The network of people, businesses, resources (knowledge, public utilities, materials, services, etc.), processes, and technology used to create and market a good or service is known as a supply chain.
This definition's broad strokes provide a thorough method for developing a matrix that improves supply chain visibility.

(B) Improve supplier auditing -

Consider including significant contract clauses and auditing procedures in important contracts after identifying and prioritizing vital suppliers.

(C) Increase supplier diversity -

The pandemic destroyed many minority-, women-, and veteran-owned businesses because they were unable to meet client demand when their supply chains broke down or came to a standstill.

(D) Clean up siloed tech suppliers -

Without a doubt, technology is crucial to supply chain management.
While having a variety of technology platforms and tools to support your operations is frequently required, purchasing technology in a silo might jeopardize an organization's logistics.

(E) Put supply chain trends in the right context -

Although there is no dearth of articles on new supply chain management trends, many could not have predicted the geopolitical environment of today, which includes an invasion in Europe, skyrocketing oil prices, and the onslaught of ransomware attacks that are causing supply chains to break down on a daily basis.

Therefore, the ways by which an organization could improve its risk management are given.

Know more about the supply chain here:

brainly.com/question/25160870

#SPJ4

6 0

2 years ago

A manufacturing company has variable overhead costs of $2.50 per unit and fixed costs of $5,000 per month. Each unit requires 4

Verdich [7]

Answer:

Standard Overhead rate is $1.25 per Direct labor hours

Explanation:

Total variable cost (2000 unit * $2.50) = $5,000

Total fixed cost = <u>$5,000</u>

Estimated Overhead cost = <u>$10,000</u>

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Estimated Direct labor hour = 2000 unit * 4 hours = 8,000 hours

Standard Overhead rate = Estimated overhead cost / Estimated Direct labor hour

Standard Overhead rate = $10,000 / 8,000 hours

Standard Overhead rate = $1.25 per Direct labor hours

8 0

4 years ago

Ideally, in effective marketing planning, goals should be _____ in terms of what is to be accomplished and when.

mixas84 [53]

Answer:

The answer is quantified and measurable.

Explanation:

Goals need to be quantified and measurable in effective marketing planning. To determine what needs to be accomplished and when, we must put figures to it. This makes performance measurement easier where variances at the end can be analysed.

For example, one of the marketing goals for bank A might be to onboard 100 new customers every month for a year after the launching of its new mobile app.

This example is quantified and can be measured every month.

8 0

4 years ago

dicuss whether or not an economy would benefit from allocating from allocating more of its resources to agriculture

Law Incorporation [45]

Yes, an economy would benefit if it gives more resources to agriculture.

<h3>What is Agriculture?</h3>

This refers to the planting of crops, rearing livestock, and other agricultural practices for personal consumption or sale.

Hence, we can see that agriculture is important to every economy because food is needed to both feed the country and also for export purposes and this would benefit the economy because it would reduce the importation of food that can be home-grown.