Answer:
The question is incomplete;
A. job design
B. job analysis
C. job specification
D. HR forecasting
The answer is B. job analysis
Explanation:
A job analysis is a process used to collect information about the duties, responsibilities, necessary skills, outcomes, and work environment of a particular job. Job analysis provides information of organizations which helps to determine which employees are best fit for specific jobs.
Step One: The wood is softened and cut into slats called "pencil stock" or "pencil squares."
Step Two: A wax and stain are applied and the slats are passed under a cutting wheel.
Step Three: The grooves in the slat are filled with a special elastic glue for the lead.
Answer:
The answers are A,B,C on EDGE2021
Explanation:
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Answer:
Cost of goods sold=$955000
Explanation:
we know that to calculate cost of goods sold we have to first finds cost of goods manufactured and to calculate cost of goods manufactured we will need total manufacturing cost.
Step#01: Total manufacturing cost=?
Total manufacturing cost= raw material used+direct labour+ factory overhead
Raw material used=?
Raw material (open)= 72000
Add: Raw material purchase=<u>467000</u>
539000
less: Raw material (ending)= (<u>93000</u>)
Raw material used 446000
Total manufacturing cost=446000+363000+213000=1021000
Step#2: Cost of goods manufactured (COGM)=?
we know that: COGM= Total manufacturing cost+ work in process (open)-work in process (end)
COGM= 1021000+63000-84000=1000,000
Step#3: Cost of goods sold (COGS)=?
we know that : COGS= Cost of goods manufactured+finished goods (open)-finished goods (ending)
COGS= 1000000+171000-216000=955000
Answer:
Identification of the Internal Control Weaknesses:
A. There is no segregation of duties and there is lack of access control. Jerry Miller as a security guard is not expected to have a master key to the cash box. With this he can pilfer the cash. If he prepares the report that shows the number of cars that parked on the lot, he is not supposed to also prepare the day's cash receipts. Otherwise, he can state any number of cars as parked that he likes, and which corresponds to the cash he might leave in the Cash box since he also has a master key.
B. There is no segregation of duties and there is lack of supervision, proper reconciliations, and assets audit. Sharon Fisher handles purchase transactions from the beginning to the close all alone with a third party. This exposes the company to procurement frauds and collusion with suppliers. She can purchase assets for the company at prices that would enrich her personally.
C. Forming an audit opinion on the basis of ratio analysis of last year's comparative financial statements exposes the company to audit risks. While ratio analysis is part of the basis for forming audit opinions, it is surely not the first audit procedure to obtain audit evidence to support his audit opinion on the financial statements. An auditor is expected to obtain sufficient audit evidence and perform audit substantive tests of financial statement assertions. He or she is also expected to review the internal control system to ensure that it is operating effectively after establishing its existence and reviewing changes in internal controls.
Explanation:
Internal Controls are controls established by management in order to help it achieve business goals. There are many internal controls, including Separation of Duties, Access Controls
, Authorization and Approvals, Asset Audits, Reconciliations, and Data Backups. The purposes of internal controls are to establish the reliability of financial reporting, ensure timely feedback on the achievement of operational or strategic goals, and achieve compliance with financial management laws, and accounting regulations.
