The money is skimmed before the transaction is processed. In a casino the casinos winning are moves to a count room during the movement money is removed before being counted.
Answer:
The answer is letter D.
Explanation:
The correct statement is Portfolio ABC's expected return is 10.66667%
Answer: c.$69 per machine hour
Explanation:
The predetermined overhead rate is the rate that the company forecasted that overhead would cost per hour.
Thomlin Company forecasted that total overhead for the current year will be $11,667,000 with 168,000 total machine hours.
The Predetermined Overhead rate would therefore be,
= Total Forecasted Overhead / Machine Hour
= 11,667,000 / 168,000
= $69.44
= $69
This means that the forecast was that for every Machine Hour, overhead accrued was $69.
Answer:
The correct answer here is that middle management have made a tactical plan.
Explanation:
Tactical plan can be defined as a plan where after the company has made its strategic plan ( which outlines the objective and goal of the company ) , certain short term actions and plan have been made or implemented by a company's department or function, which helps in achieving those goals and targets set in the strategy plan. The horizon of the tactical plan is short, as the time period depends upon the market that company serves and pace of change. In this question middle department has implemented such short term tactical plan to stop losses due to theft.
- a date ( day\month/year)
- a place or location
- time of the meeting
- a description of the reason for meeting and what will happen at the meeting ( also who will be at the meeting)
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