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Mrac [35]
3 years ago
14

In a responsibility accounting system who is responsible

Business
1 answer:
nirvana33 [79]3 years ago
4 0

Answer:

Individual Managers are usually responsible.

Explanation:

The responsibility accounting system allows department heads to control and allocate expenses and costs based on what they need at the time. There are less top-level executives telling them how to run their operations.

You might be interested in
________ refers to how a company will create differentiated value for targeted segments and what positions it wants to occupy in
Sunny_sXe [5.5K]

Answer:

The correct answer is letter "D": Value proposition.

Explanation:

A Value Proposition is a guarantee of a special and relevant advantage from producers to consumers. The purpose of the value proposition of the business is to convey a reason for the consumer to buy from the business and to direct the company in making decisions that are consistent with this promise.

A concise value proposition will identify <em>who the main customers are, what the problems of the customers are, what unique benefit the products of the company provide, </em>and <em>why this benefit is better for the customers than the advantages of the competitors.</em>

3 0
3 years ago
On January 1, Wei company begins the accounting period with a $40,000 credit balance in Allowance for Doubtful Accounts. On Febr
faltersainse [42]

Answer:

The Journal entries are as follows:

(a) On February 1,

Allowance for doubtful accounts      Dr. $8,800

To Account receivable-Oakley Co                         $1,900                      

To Account receivable-Brookes Co                       $6,900            

(To record write off)

(b) On June 5,

(i)

Account receivable-Oakley Co.         Dr. $1,900

To Allowance for doubtful accounts                     $1,900

(To record amount reinstated)

(ii)

Cash  A/c                                          Dr. $1,900

To Account receivable-Oakley CO                     $1,900

(To record cash received)

6 0
3 years ago
A protective put strategy is Multiple Choice a long call plus a short put on the same underlying asset. None of the options are
luda_lava [24]

Answer:

a long put plus a long position in the underlying asset.

Explanation:

A protective put strategy is a long put plus a long position in the underlying asset. It is a risk management strategy that makes use of options contracts which are employed by investors to protect or guard their investments against a potential loss in stocks or assets such as commodities, indexes and currencies. The protective put strategy helps to mitigate or limit risk associated with buying stocks for the first time.

Generally, the value of the underlying asset is anticipated to decrease by the buyers while the value of the underlying asset is anticipated by sellers of call options to also decrease.

Hence, considering the prospective option holder, when the exercise price is higher, it means that the call options are worth less. Also, when the exercise price is higher, it means that the put options are worth more.

6 0
3 years ago
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in units 300 34
AlladinOne [14]

Answer:

Production budget for May = 336 units

Explanation:

<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories.  </em>

Production = Sales volume + closing inventory - opening inventory

Closing inventory in May =40%× 300

opening inventory in May = Closing inventory in April= 40%×360

Production budget = 360 + (40%× 300) -(40%× 360)=336

Production budget for May = 336 units

4 0
3 years ago
Sarah's Computer City sells 5,000 boxes of CD-RW compact discs per year. She determined that she pays $50 to process an order fo
Reptile [31]

Answer:

437.50

Explanation:

First you multiply

5000 x $6= $300.00

Then you add what she pays to order the discs

$300.00 + 50= $350

Then you find 25% of the purchase price by multiplying

350 x .25= 87.50

So the total...

350+87.50= 437.50

Can i get brainliest plz?!

6 0
3 years ago
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