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guapka [62]
3 years ago
12

There are several reasons why the petty cash fund would experience a shortage or an overage. Determine which of the actions belo

w would result in a shortage or an overage in the petty cash fund. (Check all that apply.)a. The petty cashier overpaid for the amount due.b. The company cashier reduced the petty cash accountc. The petty cashier failed to get a receipt for payment.d. A person receiving disbursement from the fund failed to return change from a transaction.The petty cashier overpaid for the amount due.
Business
1 answer:
Olegator [25]3 years ago
5 0

Answer:

The petty cashier failed to get a receipt for payment.

Explanation:

The account Cash Short and Over is an income statement account (within a company's general ledger) in which shortages or overages of cash are recorded. The Cash Short and Over account might be used by A company to record unexplained differences arising when a company's petty cash fund is replenished.

When it is necessary to replenish the petty cash fund, the petty cashier prepares a statement of payments. Cash usually means only currency and coins. A special ledger account entitled "Change Fund" is used to keep track of day-to-day shortages and overages of cash.

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Cristiano Ronaldo is comparing a manufacturing operation using regular lot-sizing and the same operation with a kanban/lean prod
Komok [63]

Answer:

On the off chance that we look at the absolute expense of stock in both the Kanban and standard parcel measuring technique, the complete expense of Kanban stock model will be not exactly ordinary part estimating. This is because of the way that the Kanban technique is a lean strategy and in this manner the abundance requesting of the stock is dodged and just the required quantitiy of the things is set. This decreases the stock administration and buy cost essentially making it less exorbitant than the normal parcel estimating.

4 0
4 years ago
Lacy set her textbook under her chair in her business law class and then forgot to take it with her when she left the classroom.
rosijanka [135]

Answer:

a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.

Explanation:

When a party comes into possession of a property not by contractual agreement, they are referred to as constructive bailee and are obligated to take care of the property till it is returned to the owner.

The bailee does not willingly take possession of the property, rather unforseen circumstances leads to them possessing it.

This is common when a person forgets his property in a place.

In the given scenario the college (Dean of Business College) became a constructive bailee when they recieved the misplaced textbook. So they are obligated to care for the textbook till it get back to Lacy or be held liable for any harm done

4 0
3 years ago
Financial information for Forever 18 includes the following selected data (in millions): ($ in millions) 2018 2017 Net income $
e-lub [12.9K]

Answer:

$0.4433 and $0.425

Explanation:

The computation of the earning per share is shown below:

Earning per share is

= (Net income - preference dividend) ÷ (average shares outstanding)

For 2017, it is

= ($156 - $23) ÷ (300 shares)

= $0.4433

For 2018, it is

= ($188 - $18) ÷ (400 shares)

= $0.425

We simply applied the above formula so that the earning per share could be come for both the years

6 0
3 years ago
What concept refers to all factors outside an organization that affect the organization's operation?
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3 0
3 years ago
Tom has a qualified retirement plan with his employer that is currently considered to be 80% "vested". how can this be interpret
velikii [3]
'Vesting' as used in retirement plan means ownership. Every employ owns a certain percentage of their account in the plan each year. An employ who is 100% vested in his account own all the money in his account and the employer can not take any part of his money in case he wants to retire. In the question given, Tom is only 80% vested, which means that if he decides to retire today, he is going to forfeit 20% of his retirement plan.
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3 years ago
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