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3 years ago

Which of the following statements is correct?

Business

1 answer:

Eddi Din [679]3 years ago

5 0

Answer:

The correct answer is D

Explanation:

Under the periodic inventory system, the companies evaluate the COGS (Cost of goods sold) at the end of the accounting year or the fiscal period. And the details of the goods on hand which are not available, in this system.

And under the perpetual inventory system, this offer better control over the inventories rather than the periodic inventory system. And this system requires the COGS (Cost of goods sold) to be acknowledged at the time of sale and it contain the more accurate value of goods on hand.

Therefore, the statement which is correct is that the perpetual inventory system, offer better control over inventories.

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Wade made a fairly serious error at work, causing his work group to miss an important deadline. Wade was personally called into

Nookie1986 [14]

Answer: Individualistic culture

Explanation:

Individualistic culture is referred to as the society that is mostly typified by the factors of individualism, that is computation or the prominence of the individual over an entire organization or group. The individualistic cultures are most often adjusted around oneself, being the independent body rather than identifying oneself with the group mentality.

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2 years ago

Assume that the reserve requirement is 20%. Also, assume that banks do not hold excess reserves and there is no cash held by the

olga_2 [115]

Answer:

Federal bank increase initial reserves (by purchase of government bonds) by $8 million, to increase money supply by $40 million

Explanation:

Open market operations refer to buying 7 selling of government securities, to regulate money supply. To increase money supply, central bank buys the government bonds. As, purchase transaction from commercial bank or public imply they have more liquid money supplied.

Money multiplier reflects the multiple change in total money deposits, due to increase in initial deposits.

Final Deposits = (1 / RR) x Initial Deposits; where RR = Reserve requirement

Needed increase in money supply = 40 million, Reserve requirement = 20%

∴ 40 = ( 1 / 0.20 ) x Initial deposits

40 = 5 x Initial Deposits

Initial Deposits = 40 / 5

Initial deposits = 8

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3 years ago

Where do you find lemon juice in the grocery store?

gtnhenbr [62]

You can find lemon juice in the produce section.

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3 years ago

Please help me fill the boxes Subject Science chapter8 cell-Structure and function class 8th

madam [21]

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2 years ago

Name three or four public services that are made available through the revenue from taxes.

AveGali [126]

General welfare, food stamps, and education

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3 years ago