Answer:
c. a variable interval schedule.
Explanation:
A variable interval schedule is the schedule in which the particular time amount would be passed i.e. non-predictable and this time amount would be changed or varies
Here in the given situation since it is mentioned that there is unannounced visits in order to check whether the staff is treating their customers in a polite way or not
Therefore the correct option is c.
Answer:
False.
Explanation:
Financial statements are a representation of the financial position of a business entity at any given point in time.
The statements of cash receipts and disbursements meets the GAAP requirements of accrual accounting because this is the basis for which other financial statements are formed. For example if we receive a product from a vendor and issue an invoice to him. The invoice represents an unpaid accrual (account payable) and will go into other financial statements as a liability against the business.
So the statement above is false.
Answer:
office memorandum.
Explanation:
An office memorandum is a written message used as a means of communication of policies, decisions or procedures issued by an appropriate authority to another within the same organization.
Simply stated, an office memorandum is used to issue instructions or for communicating an action or decision reached by the executive arm of an organization to another, such as subordinates within the same organization.
In this scenario, if Vice President Kim must tell Phuong that Phuong's employment ends within two weeks. The best channel of delivering this message is through the use of an office memorandum.
The office memorandum typically states the sender and who the recipient is in its header.
Also, the purpose of the memorandum is often stated with a declarative sentence of the subject matter.
Answer:
Option (C) is correct.
Explanation:
Return on Equity (ROE) = ?
Using DuPont Model, the Return on Equity (ROE) is calculated by using the following formula
:
Return on Equity (ROE):
= Net Profit Margin × Total Asset Turnover × Equity Multiplier
= [Net Income ÷ Sales] × [1 ÷ Capital Intensity Ratio] × Equity Multiplier
= [$48,200 ÷ 947,100] × [1 ÷ 0.87] × 1.53
= 5.0892% × 1.1494 × 1.53
= 8.95%
