D - Accounting manager : they supervise, monitor and evaluate all day-to-day accounting activities.
Hope that helped :)
Answer:
North-West Electric
Quality Department
If Ray decided to delayer his organization, what he would be doing is:
a. Reducing the number of job levels to achieve flexibility in assignments.
Explanation:
Delayering helps to cut some management layers from the organizational structure. It reduces the administrative costs of running the entire organization. Delayering helps the organization to make quicker decisions instead of following bureaucratic processes. It also increases the effectiveness and efficiency of the organization. Finally, it enables the staff to become more flexible and willing to step outside their established roles.
Answer:
c. Ending inventory will be lower if Blake uses weighted average than if FIFO were used
Explanation:
To check which answer is correct, we simply evaluate each option step by step.
<u>Option A</u>
Gross margin is the difference between selling price and cost.
Under FIFO gross margin is $14. (32 -18 =14)
Under LIFO gross margin is $13. (32-19 = 13)
Thus statement is incorrect as gross margin is higher if FIFO is used.
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<u>Option B</u>
If FIFO is used, the dollar amount of ending inventory will be $19 as ending inventory will contain product purchased later that is at $19. In contrast, if LIFO is used, the dollar amount of ending inventory will be $18. Thus the statement becomes incorrect that it will be the same.
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<u>Option C</u>
The ending inventory under FIFO is $19.
The ending inventory under LIFO is $18
The endng inventory under AVCO or weighted average will be, 18+19 / 2 = 18.5
Thus the statement is correct as the ending inventory under weighted average $18.5 is lower than ending inventory under FIFO $19. So, C is the correct Answer.
Answer:B. Running his own small farm.
Explanation:
Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.
