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Verdich [7]
3 years ago
14

Which of the following is not an example of safeguarding inventory? a.storing inventory in restricted areas b.returning inventor

y that is defective or broken c.physical devices such as two-way mirrors, cameras, and alarms d.matching receiving documents, purchase orders, and vendor's invoice
Business
1 answer:
Katen [24]3 years ago
8 0

Answer: Option B

       

Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.

The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.

In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.

Hence from the above we can conclude that the correct option is B.

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Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that
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Answer:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

Dr Plan assets - pension 411,400

Cr Service cost 245,000

Cr Interest 166,400

Explanation:

Preparation of the journal entries to record annual pension expense for the enterprise fund of Amherst City

Since we are Assuming that the plan investments was $184,300 while the service cost component is the sum of $245,000, and interest on the pension liability is the sum of $166,400 for the year this means the Journal entries to record annual pension expense for the enterprise fund of Amherst City will be:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

(245,000+166,400)

Dr Plan assets - pension 411,400

(245,000+166,400)

Cr Service cost 245,000

Cr Interest 166,400

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Professionalism is a skill necessary for......
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That a company chooses a new product to introduce into the market is a ▼ capital budgeting capital structure working capital man
SashulF [63]

Answer:

Capital budgeting

Capital Structure

Working Capital Management

Explanation:

When a company wants to introduce any new product in the market it will do the cost benefit analysis and will involve the capital budgeting decisions.

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3 0
3 years ago
In calculating a predetermined overhead rate, a recent trend in automated manufacturing operations is to choose an activity base
iragen [17]

Answer: c. machine hours.

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In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.

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