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Arada [10]
3 years ago
9

The inventory system employing accounting records that continuously disclose the amount of inventory is calle

Business
1 answer:
Salsk061 [2.6K]3 years ago
4 0
It's called perpetual. Perpetual inventory method updates inventory on a regular basis, as opposed to a periodic system, which updates at the end of a period. 
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Performance improvement model at richmond university medical center is base on the acronym p.d.c.a. What do the letters stand fo
Dvinal [7]

Plan Do Check Act is p.d.c.a. stands for. As Performance improvement model at richmond university medical centre is base on the acronym p.d.c.a.

<h3>What is the role of p.d.c.a.?</h3>

The focus PDCA framework is intended to provide guidance for problem-solving and process improvement. In order to ensure success, this technique develops a detailed analysis, response, action plan, and feedback loop.

Based on facts to support the modifications, a method called FOCUS and PDSA can be used to change how a service is offered. This method can also be used to assess the change's impact. While PDSA refers to the cycle of an improvement process, FOCUS refers to a method for identifying an area that needs improvement.

Thus, it is Plan Do Check Act

For more details about Plan Do Check Act, click here:

brainly.com/question/15277865

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6 0
1 year ago
Which of the following factors affect the breakeven point for both absorption costing and variable​ costing? 1. Fixed​ (manufact
sertanlavr [38]

Answer:

B) 1. and 2.

Explanation:

Both variable costing and absorption costing are affected by fixed costs (both manufacturing overhead and administrative overhead) and contribution margin per unit.  

Cost absorption costs are also affected by production levels and the denominator level chosen to set the fixed manufacturing cost rate.

7 0
3 years ago
Khalid, who is single, reports the following items for 2020: Salary $40,000 Interest income on U.S. Treasury bonds 8,000 Loss on
spin [16.1K]

Answer:

Particulars                  Amount

Salary                          $40,000

Interest expenses      <u>$8,000</u>

AGI                              $48,000

Less:

Itemized deduction    ($60,000)

<em>Personal exemption   (</em><em><u>$3,950)</u></em>

Taxable Income          <u>($15,950)</u>

Taxable Income          ($15,950)

Personal exemption   (<u>$3,950)</u>

Net Operating Loss    <u>$12,000</u>

Note: Interest on New York state bonds of $12,000 is an exemption

3 0
3 years ago
Robin and Bellman, both merchants, orally agree to a contract for the sale of $5000 of accessories. Bellman, the buyer, sends to
AleksandrR [38]

Answer:

enforceable even without Robin's signature because both parties are merchants.

Explanation:

Enforceable law defines when one person performs legally contract and that party enforce or impose to the other.

Therefore in the given situation, Robin sends the written confirmation of the sale, which was sufficient under the statute of frauds, Bellman signs and Robin fails to send the goods. So, this contract is enforceable because without Robin's signature because both parties are merchants.

8 0
3 years ago
Management should select the depreciation method that
GuDViN [60]

Answer:

Option B              

Explanation:

Depreciation refers to an  accounting tradition that enables a firm to compose off the worth of an asset throughout an amount of time, generally the beneficial life of the investment.

Assets like equipment and appliances are costly. Instead of recognizing the asset's full cost in the first year one, depreciating the asset helps businesses to distribute the burden and generate income from it.

Thus, depreciation relates to decrease in value of an asset so that expenses can be recorded efficiently and revenue could be computed as per the periods. Therefore, the method of depreciation should be chosen as per its revenue contribution to the entity using it.

7 0
3 years ago
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