That last customer sure had a strong drawl

As a new controller, reply to this comment by a plant manager: "As I see it, our accountants may be needed to keep records fo

fiasKO [112]

Answer: Accountants play major role in firms in handling financial records and auditing. Managers know financial information based on either background knowledge or learning on the job

Explanation:

The accountants are valuable to the organization because they monitor the monetary information that concerns the firm, they handle how cash come in and keep track of how they are spent, all these makes them valuable even to the extent of auditing information as regarding the firm. Managers might understand financial information either based on how they monitor what occurs in the organization or what they learnt in from college. But it's unsafe for the managers to handle financial situation without the aid of a professional accountant.

6 0

3 years ago

Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollme

iragen [17]

Answer: true

Explanation:

The reports available on Aetna's producers world are ones Medicare business book, month or year of commission report and licensing reports.

The requirements necessary to have ready-to-sell Aetna Medicare status are

Aetna Individual Medicare certification for the products one intend to sell, active contract through Medicare Producer Contracting site, having a licensed in the state one wants to sell and also passed ng a check done background.

Any voluntary disenrollment occurring within three (3) months of the membership effective date is considered a rapid disenrollment and will result in a chargeback of the full commission paid is true.

8 0

3 years ago

Hawley company makes decorative wedding cakes. The company is considering buying the cakes rather than baking them, which will a

worty [1.4K]

Answer:

1. Continue to Make the Cakes. Because the Cost of Outsourcing is greater that the cost of making by $1,150.

2. C. Qualitative factors include quality and on-time delivery.

Explanation:

<u>Analysis of the Make or Buy Decision</u>

Make Outsource Difference

Cake costs cakes cakes

Variable costs:

Direct materials $550 $0 $550

Direct labor $950 $0 $950

Variable manufacturing overhead $150 $0 $150

Fixed manufacturing overhead $1,125 $1,125 $0

Purchase cost $0 $2,800 ($2,800)

Total differential cost of cakes $2,275 $3,925 ($1,150)

<u>Qualitative Factors.</u>

Are non-monetary factors that need to be considered in decision making.

8 0

3 years ago

The marginal principle of retained earnings means that each potential project to be financed by retained earnings must:

Sedaia [141]

Answer:

The correct answer is D

Explanation:

Marginal principle is the principle which is referred to an increase in the activity level when the marginal advantage exceeds or more than the marginal cost.

So, the marginal principle of retained earnings would be when it will provide the higher rate of return than the shareholders who could achieve after paying taxes on the dividends.

3 0

3 years ago

Paul wants to choose one of the two investment opportunities over three possible scenarios. Investment 1 will yield a return of

Viefleur [7K]

Answer:

1. $2,400

2. Investment 2

Explanation:

For computing the expected return for the investment 2, we have to apply the formula which is shown below:

= Probability for Scenario 1 × return in Scenario 1 + Probability for Scenario 2 × return in Scenario 2 + Probability for Scenario 3 × return in Scenario 3

= 0.2 × $6,000 + 0.3 × $4,000 + 0.5 × 0

= $1,200 + $1,200

= $2,400

From the calculations we use the investment 2 as Paul is uncertain about the return for investment 1

5 0

4 years ago

That last customer sure had a strong drawl​

That last customer sure had a strong drawl