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zhuklara [117]
3 years ago
8

As is common payroll procedure for most employers, Penelope's company _____________ her paycheck semimonthly into her checking a

ccount. This is a paperless process and no check is issued to the employee. By logging into her personnel system, Penelope has record of the net pay that was deposited into her personal checking account and an account of how much was taken out for taxes, Medicare, social security (FICA), and other deductions. Penelope's company has adopted an efficient _________ system.
Business
1 answer:
creativ13 [48]3 years ago
6 0

Answer: Direct Deposits and Electronic funds transfer

Explanation:

Penelope's company direct deposits her paycheck into her checking account.

Penelope's company has adopted an efficient electronic funds transfer system.

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List all the source documents in accounting
devlian [24]

Answer:

Canceled checks.

Invoices.

Cash register receipts.

Computer-generated receipts.

Credit memo for a customer refund.

Employee time cards.

Deposit slips.

Purchase orders

Explanation:

That is all i think

7 0
3 years ago
A "credit score" is a three-digit number which rates how much businesses like you personally.
Lesechka [4]

False.

Credit scores range from 300-850 and are a measure of your payment history, level of debt, and how long you have been responsible for debt.

3 0
2 years ago
Nieto Company’s budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 2
inn [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Budgeted Sales:

January $ 237,400

February 251,400

March 336,600

Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible.

Cash collection March:

Cash sales= 336,600*0.3= 100,980

Credit Sales March= (336,600*0.7*0.1)= 23,562

From February= (251,400*0.7*0.5)= 87,990

From January= (237,400*0.7*0.36)= 59,824.8

Total= 272,356.8

4 0
3 years ago
Calculate the IRR of a machine that is purchased for $5,000, sold at the end of year 4 for $2,500, and produces the following ca
liraira [26]

Answer:

5.3%

Explanation:

Year     Cash-flow

0           -$5,000

1             $700

2            $800

3            $900

4            $3,500

<em>Using the IRR Function on MS Excel</em>

IRR of the machine = IRR(Cashflow 0,1,2,3,4)

IRR of the machine = 0.053

IRR of the machine = 5.3%

8 0
2 years ago
According to the neoclassical theory of distribution, in an economy described by a Cobb–Douglas production function, when averag
GREYUIT [131]

Answer:

All of the above

Explanation:

According to the neoclassical theory of distribution, in an economy described by a Cobb-Douglas production function, when average labor productivity is growing rapidly: workers will experience high rates of real wage growth. labor's share of total income will be increasing. labor's share of income will be decreasing.

4 0
3 years ago
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