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kirill [66]
4 years ago
15

A multi-location flower shop receives payment from customers in person, over the Internet, and through the mail. When checks com

e in the mail, the mail clerks send the checks to the cashier’s department and a list of checks to the accounting department. What is the primary reason the company engages in this practice
Business
1 answer:
hoa [83]4 years ago
7 0

Answer:

To reduce the chance of fraud.

Explanation:

An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.

Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.

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On March 12, Medical Waste Services provides services on account to Grace Hospital for $9,100, terms 2/10, n/30. Grace pays for
const2013 [10]

Answer and Explanation:

The journal entries are shown below:

On Mar 12

Account receivable Dr $9,100

        To Service revenue $9,100

(Being the service provided on the account is recorded)

For recording this we debited the account receivable as it increased the assets and credited the service revenue as it also increased the revenue

On Mar 20

Cash $8,918

Sales discount ($9,100 × 2%) $182

               To Accounts receivable  $9,100

(Being cash received recorded)  

For recording this we debited the sales discount and cash as it increased the discount and assets and credited the account receivable as it reduced the assets

7 0
4 years ago
Elizabeth is a chef and the kitchen manager in an upscale restaurant. she is very knowledgeable in both the culinary and restaur
allsm [11]

Because she possesses these technical skills, Elizabeth can be considered a <u>"knowledge"</u> worker.


A knowledge worker is any individual who works professionally at the errands of creating or utilizing knowledge. For instance, a knowledge laborer may be somebody who works at any of the assignments of arranging, obtaining, looking, breaking down, sorting out, putting away, programming, dispersing, advertising, or generally adding to the change and business of data and those (frequently similar individuals) who work at utilizing the information so created.  

Knowledge work can be separated from different types of work by its accentuation on "non-schedule" critical thinking that requires a mix of concurrent and unique thinking. Yet in spite of the measure of research and writing on information work, there is no brief meaning of the term.

7 0
3 years ago
Amy got into trouble last week. She was hanging out with some of her friends, and when they suggested that shoplifting would be
UkoKoshka [18]

Answer: 1. High Agreeableness

2. They know how to acquire and use power.

They manipulate others for personal gain.

Explanation:

1. A Highly Agreeable person is one who kind and considerate for others. They are altruistic and are optimistic and will usually go along with other people's ideas because they trust easily. Amy is Highly Agreeable and that was why she went along with the idea.

2. Machiavellianism is a personality traits that involves the use of manipulation to gain personal goals. Considered individuals with low empathy, they are cold emotionally and don't care much for morality.

They are able to acquire and use power through this manipulation.

6 0
3 years ago
A target market is a group of customers that a business decides to aim its marketing efforts and ultimately its products on.
nadezda [96]
The answer is false
6 0
3 years ago
Which of the following best describes a trial balance?
Lubov Fominskaja [6]

Answer:

A

Explanation:

In the accounting process extracting a trial balance is the final step.

8 0
3 years ago
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