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puteri [66]
2 years ago
14

A restaurant food chain has over 680 restaurants. All food orders for each restaurant are required to be input into an electroni

c device which records all food orders by food servers and transmits the order to the kitchen for preparation. All food servers are responsible for collecting cash for all their orders and must turn in cash at the end of their shift equal to the sales value of food ordered for their I.D. number. The manager then reconciles the cash received for the day with the computerized record of food orders generated. All differences are investigated immediately by the restaurant. Corporate headquarters has established monitoring controls to determine when an individual restaurant might not be recording all its revenue and transmitting the applicable cash to the corporate headquarters. Which one of the following would be the best example of a monitoring control?
A. All food orders must be entered on the computer, and segregation of duties is maintained between the food servers and the cooks.
B. Management prepares a detailed analysis of gross margin per store and investigates any store that shows a significantly lower gross margin.
C. Cash is transmitted to corporate headquarters on a daily basis.
D. The restaurant manager reconciles the cash received with the food orders recorded on the computer.
Business
1 answer:
Marianna [84]2 years ago
7 0

Answer: Management prepares a detailed analysis of gross margin per store and investigates any store that shows a significantly lower gross margin.

Explanation:

The best example of a monitoring control will be that the management prepares a detailed analysis of gross margin per store and investigates any store that shows a significantly lower gross margin.

The gross margin is regarded as the net sales revenue after the cost of goods sold has been deducted. In a situation where there's variation between the value, then it calls for check to ascertain if any fraudulent activity took place.

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The primary purpose of the program being promoted by this poster was:  "to increase the food supply during a farm-labor shortage" (Option D)

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4 0
1 year ago
You are a student at ABC University. You recently read in the school's daily newspaper about a terrific investment opportunity t
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Answer:

No

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An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.

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3 years ago
_____ requires coordination among government departments and agencies, as well as cooperation toward common objectives across co
o-na [289]

"Unity of effort" requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands.

<u>Answer:</u> Option C

<u>Explanation:</u>

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3 years ago
Sarah was in a meeting where various vendors were being considered. She noticed that one of the vendors had a history of mistrea
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Answer:

C. role relativism

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3 years ago
Read 2 more answers
The Morrow Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed
Iteru [2.4K]

Answer:

$39,800

Explanation:

From the question above Morrow company has decided to use the measuring cost function method to find its total cost

- $68,400 is the highest cost and $37,600 is the lowest cost

- 6,000 is the highest number of hours and 3,200 is the lowest

The first step is to calculate the cost driver. Let's use the alphabet c to represent the cost driver

(68,400-37,600) / (6,000-3,200)

c = 30,800/2,800

c= $11

Cost driver= $11

The next step is to find the fixed cost. Let's use the alphabet f to represent the fixed cost

68,400= f + ( 11×6000)

68,400= f + 66,000

f= 68,400-66,000

f= $2,400

Fixed cost= $2,400

The final step is to calculate the cost function

Cost function= fixed costs+variable costs×number of units

Fixed cost= $2,400

Variable cost= $11

Number of units= 3,400 hours

= 2,400+(11×3,400)

= 2,400+ 37,400

= $39,800

Hence the total cost at an operating level of 3,400 hours is $39,800

3 0
3 years ago
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