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Fofino [41]
3 years ago
8

Elise is the manager in the finance department for a company that competes in a service industry. If her company is like most co

ntemporary firms, Elise will leave almost all aspects of human resource functions to specialists in the human resource department.
Business
1 answer:
nata0808 [166]3 years ago
4 0

Answer:

This statement is False

Explanation:

One of the characteristics of the modern day service industry is Division of Labor. Thus, Elise would not leave almost all aspects of human resources functions to specialists. This is the decision of a human resources manager and not Elise who is the finance manager. The jurisdiction of her duty and reporting line does not allow such to happen.

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In preparing its August 31, 2017 bank reconciliation, Adel Corp. has available the following information: Balance per bank state
PilotLPTM [1.2K]

Answer:

$22,800

Explanation:

Given that,

Balance per bank statement, 8/31/17 = $21,650

Deposit in transit, 8/31/17 = $3,900

Return of customer’s check for insufficient funds, 8/30/17 = $600

Outstanding checks, 8/31/17 = $2,750

Bank service charges for August = $100

At August 31, 2017, Adel's correct cash balance:

= Balance as per bank statement 8/31/17 + Deposit in transit - Outstanding checks

= $21,650 + $3,900 - $2,750

= $22,800

7 0
4 years ago
Diamond Enterprises is considering a project that will produce cash inflows of $41,650 a year for three years followed by $49,00
Anton [14]

Answer:

-8.42%

Explanation:

The internal rate of return on this project can be computed using IRR function in excel spreadsheet as follows:

=IRR(values)

values represent the cash flows arranged from the earliest(year zero cash outflow of -$219000) to the latest( year 4 cash flow which is $49,000) as shown in the attached

IRR=-8.42%

At IRR , the NPV=0

NPV=-$219000+$41650/(1-8.42%)^1+$41650/(1-8.42%)^2+$41650/(1-8.42%)^3+$49000/(1-8.42%)^4=$0

Download xlsx
6 0
3 years ago
Military defense is funded by:
kramer

Answer:

A federal income tax dollars because the military defense is part of the federal branch

7 0
3 years ago
Prime Investments Corporation sues one if its executives, Stewart, for embezzling client funds. At trial, Prime calls several of
Aloiza [94]

Answer:

The answer is: B) reverse the decision due to the trial judge's legal error.

Explanation:

The judge made a mistake by admitting witness's personal opinions on the accused party, e.g. Stewart is a bad person with no integrity. This type of opinions should not be admitted in court, by doing so, the judge allows the possibility of Stewart appealing the decision and winning the appeal due to this specific legal error.

3 0
3 years ago
What is money that interests can spend on behalf of candidates without being restricted by federal law
Rom4ik [11]

Answer: soft money

Explanation:

Hard money and soft money are just ways by which several kinds of currencies are being described. While hard money simply refers to coins, soft money is used to refer to the paper currencies.

Soft money can also refer to the cash that is being given to a particular political party that has no limits being attached. It is the money that interests can spend on behalf of candidates without being restricted by federal law.

3 0
3 years ago
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