Answer:
The path around the normal purchasing channel is known as Maverick Spending.
Explanation:
The Maverick spending refers to expenses made from purchases outside the original contract, breaking the rules of previously established processes. In this example, one professor decided to disobey the original agreement and find another supplier, even though that would increase the expense greatly.
This is an actual problem for many different companies that are trying to eliminate by implementing different measures such as <em>spend analysis</em>, <em>a list of verified suppliers</em> or <em>purchasing control</em>.
This is a flighting schedule method, which is where the normal ad schedule is targeted in a specific period of time and no ads are run the rest of the year (known as the cessation period).
1. Office supplies- Different materials
2. Frozen food- Different varieties
3. Hair products- Different types
4. Clothes- Different sizes
5. Bikes- Different styles
6. Electronics- Difference devices
Answer:
Letter A
Explanation:
The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.
It is also important to know that currently, the World Trade Organization has 156 member countries.
Answer:
$20,000
Explanation:
Calculation for what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense
Using this formula
Balance in the allowance for doubtful accounts=
(Outstanding Accounts Receivable
* Percentage uncollectible)- Eebit balance of in the allowance for uncollectible accounts.
Let plug in the formula
Balance in the allowance for doubtful accounts=($500,000*8%)-$20,000
Balance in the allowance for doubtful accounts=$40,000-$20,000
Balance in the allowance for doubtful accounts=$20,000
Therefore the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense is $20,000
