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2 years ago

The ________ phase is the most important step in the sdlc process.

1 answer:

8 0

The most important phase of the SDLC is the requirement gathering and analysis phase because this is when the project team begins to understand what the customer wants from the project.

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Transactions for Buyer and Seller Sievert Co. sold merchandise to Vargas Co. on account, $148,600, terms FOB shipping point, 2/1

g100num [7]

Answer:

Part a

Debit : Accounts Receivable - Vargas Co. $148,600

Debit : Cost of Sales $89,160

Credit : Sales Revenue $148,600

Credit : Merchandise $89,160

Part b

Debit : Freight Expenses $2,100

Credit : Cash $2,100

Part c

Debit : Cash $133,740

Debit : Discount allowed $14,860

Credit : Accounts Receivable - Vargas Co. $148,600

Explanation:

A corresponding cost of sales must be recorded each time a sale is made. The freight costs are company costs for Sievert Co. and will be expensed in the income statement.

The payment due is at 90 % after the discount of 10% given that the payment is made within the credit term of 30 days.

8 0

3 years ago

Choose all that apply.

denpristay [2]

reasons:

safe

high interest rates

no fees

5 0

3 years ago

True or false Every risk an individual faces can be insured

mars1129 [50]

Answer:

true

Explanation:

beacuse the faces of industrtions

6 0

3 years ago

Read 2 more answers

Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly reported $100,000 of net income

soldi70 [24.7K]

Answer:

B. Cost of goods sold will be too low by $5,000.

Explanation:

Overstatement in closing inventory has two effects. First in income statement, that the cost of goods sold is decreased by the same amount that is overstated. Second is overstatement of Inventory value in the asset section of balance sheet. According to the given scenario The effect of this event should be as cost of goods sold will be too low by $5,000.

4 0

3 years ago

The management of GH Apparel has thoroughly analyzed the market and recognizes the wants and needs of different customer groups.

Sergio039 [100]

Answer: Market-oriented

Explanation:

The market oriented organization is one of the type of business approach that producing the various types of products and the services according to the customer requirement or desire.

The main aim of the market oriented organization is that they focus on the selling and also designing goods and the services that satisfied the consumer desire.

According to the given scenario, the management of the GH apparel is the market oriented organization as it properly analyzed the market and also recognize the actual requirement of the customer.

Therefore, Market-oriented is the correct answer.

5 0

3 years ago