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ipn [44]
3 years ago
15

Name and briefly describe the quantitative methods of control (ABM)

Business
1 answer:
belka [17]3 years ago
7 0
Type # 2. Quantitative Control Techniques:
Budgets such as: (i) The regular operating, capital expenditure, sales and cash budgets; and. ...
Control Centres.
Audits such as: (i) Internal audits, ...
Ratio analysis (RA).
Break-even (BE) analysis.
Time-preference charts and techniques such as:
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On January​ 1, 2019, the Bonds Payable account has a balance of​ $730,000. On December​ 31, 2019, the Bonds Payable account has
BigorU [14]

Answer: $99,000

Explanation:

Given the opening Balance of the Bond Payable account as well as the Closing Balance and the bonds that were retired for the year, we can deduce the amount of new bonds issued using the following formula,

Opening Balance + Bonds Issued - Retired bonds = Closing Balance

Making Bonds Issued the subject we have,

Bonds Issued = Closing Balance - Opening Balance + Retired bonds

Bonds issued is therefore,

= 820,000 - 730,000 + 9,000

= $99,000

$99,000 was the Amount of new bonds issued in 2019.

4 0
3 years ago
The following are held by Smite Co.
Valentin [98]

Answer:

D) $27, 200

Explanation:

Cash in the checking account and petty cash are considered cash directly. Cash equivalents are securities that can be converted into cash within a 90 day period.

cash and cash equivalents are = checking account + petty cash + commercial paper = $20,000 + $200 + $7,000 = $27,200

7 0
4 years ago
A party who has been induced to enter into an illegal contract because of fraud, duress, or undue influence can sue the other pa
anygoal [31]
B. False is the right answer 
3 0
4 years ago
What common misconseptions about paying taxes exist? check all that apply​
11Alexandr11 [23.1K]

Answer:

The answer is:

1.A person who is unable to pay taxes does not have to pay them.

If you unable to pay your taxes, the amount of payment that you have to pay this year would be accumulated to the tax payment next year.

2.A person who chooses not to pay taxes does not have to pay them.

Paying taxes is an obligation of all working citizens, not a right. We do not get to choose whether we have to pay taxes or not.

3.Simply forgetting to file taxes will not result in jail time.

Since there is no actual intend to not paying your taxes, simply forgetting it usually would only resulted in fines from the IRS.

8 0
4 years ago
If Maggie can make $80,000 as an accountant, $50,000 as a cashier, $20,000 as a cook, and nothing as an opera singer, she has a
SIZIF [17.4K]

Answer:

A) accounting.

Explanation:

Given that

An accountant = $80,000

Cashier = $50,00

Cook = $20,000

Opera singer = $0

By considering the above information, we can concluded that

If we compare the wages in different scenarios, the Maggie can make a comparative advantage by adopting as accounting as it has higher wages compared to others. It also reflects the efficiency compares with the other activity

4 0
4 years ago
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