Answer:
Procedure.
Explanation:
A procedure can be defined as a comprehensive set of sequential steps and actions which is typically used to specify the accepted, effective and efficient method for performing a task or executing a project and plans.
This ultimately implies that, procedures are mainly used by various companies or organizations to always achieve a standardized level of output and consistency in achieving its goals and objectives.
Hence, if you want all your stores to only accept returns with receipts this would be an example of a procedure.
Answer: A business continuity plan
Explanation: Business continuity planning refers to the procedure involved in creating a risk reduction and recovery scheme for a corporation from possible hazards.
The strategy helps to ensure the protection of management and resources and the ability to operate rapidly in the event of an emergency. The BCP is usually designed in ahead of time and includes insight from relevant parties and staff.
BCPs are an essential part of any undertaking. Threats and disturbances result in revenue shortfall and increased costs, resulting in a decline in productivity. And companies can not rely solely on insurance since it does not cover all the costs and the clients that move to the contest.
Answer:
stockholer's equity will be overstated by $800.
Explanation:
The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.
In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.
balance of supplies=$200+$950-$800=$350
Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350
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<span>Over half of the adults of the African American population have white collar jobs. So, the myth that the majority of African Americans are poor is not true. There are a lot more poor white people in America than African Americans.</span>
