Answer:
C) Be responsible for negotiating terms with vendors.
Explanation:
In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.
For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.
Any material purchased will be recorded in the Raw material inventory account. The option for the first blank is raw and second blank is material.
<h3>
What is Inventory Account?</h3>
Inventory Account refers to the account which records all the transactions related to the stock. It records the purchased of the stocks, work in progress, closing stock, opening stock etc.
The complete question is attached below.
The raw material inventory account is where all materials that will be used to create the final product are first registered.
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Answer:
9.59%
Explanation:
The computation of the weighted-average interest rate used for interest capitalization purposes is shown below:
<u>Particulars Amount Interest </u>
9%, 5-year note payable $2,458,400 $221,256
10%, 4-year note payable $3,504,400 $350,440
Total $5,962,800 $571,696
So, Weighted-average interest rate is
= $571,696 ÷ $5,962,800
= 9.59%
Answer:
charitable contribution deduction = $153000
Explanation:
given data
basis = $136,000
fair market value = $170,000
solution
we get here charitable contribution deduction that is express as
charitable contribution deduction = Basis + 50% of (Fair - basis) .......................1
put here value and we get
charitable contribution deduction = $136,000 + 0.50 ($170,000 - $136,000 )
charitable contribution deduction = $153000
this is an example of semantic memory
<h3>What is
semantic memory?</h3>
Semantic memory refers to general world knowledge collected by humans over the course of their lifetimes. This general knowledge is influenced by experience and culture.
You are using semantic memory when you know what an object is, the name of a color, or the name of the president. Semantic memory is critical for children and students since it allows you to recall the facts that you are learning and being evaluated on.
Semantic memory is conscious long-term memory for the world's meaning, understanding, and conceptual facts. Semantic memory is one of two types of explicit, conscious, long-term memory, which is memory that may be recovered into conscious awareness after a considerable delay (from several seconds to several minutes).
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