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Rufina [12.5K]
3 years ago
11

The job of an ethics officer is to serve as a counselor for employees

Business
1 answer:
quester [9]3 years ago
3 0

True, an ethics officers' role is to act as a counsellor for employees as well as an investigator for the firm.

The Ethics Officer is the company's inner or internal control point for ethical and improper conduct, allegations, objections, and improprieties, as well as providing leadership and guidance on corporate governance problems.

Learn more:

brainly.com/question/18072443?referrer=searchResults

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GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $72,000 for 6-months services in adv
Sphinxa [80]

Answer:

Given that,

Amount paid = $72,000

Time period = 6-months

As cash is received it is debited and unearned revenue is credited as it is treated as liability until service is provided.

Therefore, the journal entry for this transaction is as follows:

Cash A/c Dr. $72,000

    To unearned revenue A/c  $72,000

(To record the unearned revenue)

4 0
3 years ago
Data related to the inventories of Kimzey Medical Supply are presented below:
DedPeter [7]

Answer:

c. $155.

Explanation:

Kimzey Medical Supply's merchandise inventory:

                  Surgical equip.  Surgical supplies  Rehab equip.  Rehab  supplies

Selling price          $335              $195                   $415                    $240

Cost                       $245              $165                   $325                   $237

Replacement         $315              <u>$155</u>                    $310                    $233

cost

Net RV                   $275              $175                    $375                   $200

If we apply the lower of cost or market rule for determining the value of surgical equipment, its value would be: $155 because the replacement cost  (or market price) is lower than the historical cost or the net realizable value.

When we use the lower of cost or market rule, we should value our inventory at the lowest value between original purchase cost, replacement (or market) price or net realizable value.

3 0
3 years ago
F a worker is free to quit a job and find a new job at another place of employment, what us economic goal has been met?
Vika [28.1K]
A I believe. Hope this is helpful
4 0
3 years ago
NorthWest Corp. obtained the following information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory
GrogVix [38]

Answer:

Cost of goods manufactured = Cost of goods sold + Ending finished goods inventory - Beginning finished goods inventory

Cost of goods manufactured = $22,000 + $46,000 - $10,000

Cost of goods manufactured = $58,000

Explanation: In order to obtain cost of goods manufactured, we need to add cost of goods sold to ending finished goods inventory and deduct beginning finished goods inventory. Ending work-in-process inventory should be ignored because it has been considered before arriving at cost of goods manufactured.

6 0
3 years ago
The Safe-T Airbag Company manufactures airbags that are used in automobiles. Fly Motor Company manufactures automobiles in which
melamori03 [73]

Answer:

(A)Requirements Contract

Explanation:

A requirements contract is defined as a contract in which one party agrees to supply as much good/service as desired by the other party. In exchange, the other party implicitly promises that it will obtain its goods or services exclusively from the first party.

Since Fly Motor Company agrees to purchase all the airbags it will need from Safe-T. Airbag company, the requirement of exclusive purchase is satisfied.

6 0
3 years ago
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