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Oliga [24]
3 years ago
12

Petty cash is disbursed by Manuela Luisina in the Cashier's Office. Manuela also maintains records of disbursements, places requ

ests to the Finance Department to replace expended funds, and periodically reconciles the petty cash balance. This represents a(n) ________ segregation of duties.
Business
1 answer:
zhenek [66]3 years ago
6 0

Answer: Ineffective

Explanation:

Handling many job roles at the same time is one of the greatest way to be ineffective in them. When you have someone to do so many task at the same time they won't perform their best in any of the task or all of the task and would struggle most times and could wear out.

Manuela Luisina is handling so much at Petty cash which makes the segregation of duties ineffective

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The cash remaining after a firm has met its operating expenses, payments to creditors, and taxes is called
RoseWind [281]

Answer:

residual cash flow

Explanation:

According to my research on financial terminology, I can say that based on the information provided within the question the remaining cash is called residual cash flow. Like described in the question this term is formally defined as the income that an organization has after all debts and expenses have been officially paid.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
A company's weekly payroll amounts to $50,000 and payday for the week is every friday. employees work five days per week, monday
salantis [7]

The total payroll amount is $50,000 per week.

Since there are only 5 work days per week (Monday to Friday), therefore the employees wage per day is:

Employees wage per day = $50,000 / 5 = $10,000

For the payday on April 4, the wages expense covered for this would be from April 1 to April 4 since the accounting period ended on March 31. Therefore wages expense in the journal entry would be calculated using 4 days.

Wages expense for April for the payday April 4 = Employees wage per day * Number of days

Wages expense for April for the payday April 4 = $10,000 * 4

<span>Wages expense for April for the payday April 4 = $40,000</span>

7 0
3 years ago
_____ deals with reporting to outsiders. _____ accounting deals with the internal operations of the firm.
tensa zangetsu [6.8K]

Answer:financial accounting, managerial accounting

Explanation:

5 0
2 years ago
________ focuses on activities, rather than departments, as the central cost objects.
Pavlova-9 [17]
The answer to this question is Activity-Based Costing<span> (ABC)
</span>Activity-Based Costing<span> (ABC) is being done by assigning the manufacturing cost in a more structural and logical manner.
By doing this, The company will be able to provide a more accurate asessment on the cost that incurred by providing a certain product/services.</span>
3 0
3 years ago
Which of the following leader types practices status quo?
omeli [17]

Answer:

C. transactional

Explanation:

In business, maintaining status quo means maintaining the pre-existing structure and culture that exist in the company. Transactional leaders tend to be less innovative , but very strict in enforcing pre-existing rules / conducts.

In order to maintain this status quo, transactional leaders tend to use rewards and punishment.

If an employee is following the company's requirement, that employee will be given rewards  (such as bonuses or promotion). If the employee violate the company's rule, that employee will be punished (such as salary cut or firing)

8 0
4 years ago
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