Answer:
A. True
Explanation:
Transaction management is a current philosophy among managers, in which the managers develop future-oriented processes and and implement programs that helps to solve business problems along side bring out the best in each employee. This management philosophy can also be said to be one in which a manager undertakes personnel management, time management and also organizational management.
Cheers.
Answer:
There could have been multiple red flags in this overall case conduct like :
1. Continuous overtime from an employee should have been checked as what would be the reason behind it.
2. Ground reality should have been evaluated, like what are actual timings of Jerry's coming into office and going out.
3. Sheets of person-ell in second shift after Jerry should have also been checked.
Answer:
(A) A negative AFN indicates that retained earnings and spontaneous capital are far more than sufficient to finance the additional assets needed.
Explanation:
AFN - Additional funds needed represents the funds needed by the company which shall be taken from external sources which are non spontaneous in nature.
Since it represents the external requirements, thus, when the balance is really high in retained earnings than what is actually needed it will be reflected as a negative AFN, that is negative additional funds needed.
In this case because the requirement will be fulfilled internally.
The commercial ranchers of Argentina mostly raise livestock in which they could export them to other countries in contrasts to the ranchers from the North America. In addition, it has been one of the primary industries of Argentina and one of its well-known goods from these ranches is the corned beef.
Answer:
The Journal entries are as follows:
September 1:
Petty cash A/c Dr. $250
To cash $250
(To establish a petty cash fund)
September 30:
Cash over and short A/c Dr. -$2
Freight in A/c Dr. $25
Supplies expense A/c Dr. $75
Entertainment Expense A/c Dr. $37
Postage expense A/c Dr. $80
To Cash ($250 - $35) $215
( to record expenses for September and replenish the petty cash fund)
Workings:
Cash short = 215 - (25 + 75 + 37 + 80)
= - 2