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11Alexandr11 [23.1K]
3 years ago
8

Which of the following is NOT a key element in strategic planning as it is described in the text? a. The statement of cash flows

. b. The statement of corporate objectives. c. The statement of the corporate scope. d. The operating plan. e. The mission statement.
Business
1 answer:
Colt1911 [192]3 years ago
7 0

Answer:

(a) The Statement of cash flow

Explanation:

Income is ceaseless procedure where no vital vision is required. Since to run everyday activities you have to deal with the income so you can maintain your business admirably and productively.  

While for The statement of purpose, company's degree, articulation of corporate goals and organization's systems you should have vital arranging since it will show the region where corporate will run in future.

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The following information pertains to Crane Video Company:1. Cash balance per bank, July 31, $7,263.2. July bank service charge
My name is Ann [436]

Answer:

A. Prepare a bank reconciliation at July 31.

                                        Crane Video Company

                                             Bank Reconciliation

                                                        July 31

Cash balance per bank statement                             $7,263

Add: Deposits in transit                                                 1300

                                                                                      8,563

Less: Outstanding checks                                              591

Adjusted cash balance per bank                                $7,972

Cash balance per books                                             $7,284

Add: Collection of N/R ($700 plus

accrued interest $36 less collection

fee $20)                                                                          716

                                                                                       8,000

Less: Bank service charge                                               28

Adjusted cash balance per books                               $7,972

B. Journalize the adjusting entries at July 31 on the books of Crane Video Company.

The adjusting entry would be,

Date           Account Title                         Debit        Credit

Jul 31         Cash                                         716

                 Miscellaneous Expense           20

                 Notes Receivable                                         700

                 Interest Revenue                                            36

(to record Collection of N/R ($700 plus accrued interest $36 less collection fee $20)

31              Miscellaneous Expense            28

                 Cash                                                                28

(to record bank service charge)

5 0
3 years ago
Businesses adopt and identify target markets for their products to: a. maximize the impact of the cost of marketing. b. coerce p
NeTakaya

Answer: maximize the impact of the cost of marketing

Explanation:

The target market is a particular group of consumers that the advertisement of a product or service is typically aimed at.

Businesses adopt and identify target markets for their products to maximize the impact of the cost of marketing. When the target market for a product or service has been known by a company, the business can find the most efficient and effective strategy to advertise their product. This will help in the minimization of cost of marketing.

6 0
2 years ago
A(n) _____ is an agreement regarding the use of land that "runs with the land". 2012books.lardbucket.org
VARVARA [1.3K]

The answer for the missing blank would be:

Easement

<span>An easement is wherein a person establishes an agreement to use the other person’s estate. It is more an estate with the profit, and the profit can extend when you take something from a land.</span>

7 0
3 years ago
Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c
guapka [62]

Answer:

a) 500F and 3,000U

the company use a cheaper material thus, favorable price variance.

But this material had lower quality thus, negative quantity variance

b) 4,000U   2,100U

There was overtime thus, making labor rate higher and productivity as the shift are longer, decrease.

It could also be a combination between wrong directives from the supervisor or defective equipment

Explanation:

DIRECT MATERIALS VARIANCES

(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance

std cost         $ 1.50

actual cost      $ 1.48

quantity 25,000 (amount purchased)

difference  $0.02

price variance  $500.00

(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance

std quantity         18000 (3,000 toys produced x 6 per toy)

actual quantity 20000 (25,000 - 5,000 ending inventory)

std cost                    $1.50

difference      -2000.00

quantity variance  $(3,000.00)

DIRECT LABOR VARIANCES

(standard\:rate-actual\:rate) \times actual \: hours = DL \: rate \: variance

std rate          $21.00

actual rate  $22.00  (88,000 labor cost / 4,000 direct labor hours)

actual hours 4,000

difference  $(1.00)

rate variance  $(4,000.00)

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours 3900.00 (3,000 toys x 1.3 hours per toy)

actual hours 4000.00

std rate            $21.00

difference   -100.00

efficiency variance  $(2,100.00)

5 0
3 years ago
You have a opportunity to be hired into a exciting new career. Explain what types of clothing you would wear to the interview an
OLga [1]

Answer:

I would wear something simple not to flashy like some black pants with a button up top and a blazer I think that is very professional. I would use my communication skills by using eye contact not interrupting and asking questions if I don’t understand something. Also I would try my best to answer the questions they ask to the best of my ability and use a good speaking voice and good grammar. Hope this helps!!

3 0
3 years ago
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