Answer:
Company 1 is most likely to have lost sales due to an inventory shortage.
Explanation:
Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.
Company with highest Inventory turnover may lost sales due to inventory shortage. Company 1 1 has the highest inventory turnover of 46.3. Which may lead to to the shortage of stock because the inventory in stock is more likely to sold earlier than other companies. High inventory turnover will lead to low inventory days.
Because it is very easy to spend money that you do not have by using a credit card. Most think they can pay it off the following month, but that rarely happens.
Answer:
c) guilty of hostile work environment sexual harassment.
Explanation:
- Sexual harassment is a behavior that is characterized by making unwelcome or inappropriate remarks or any physical advances in works place or any profession.
- Looking at the situation it can be seen that Kim, Layne, and joy are making there advances and repeatedly making solicited behavior thus are guilty of the hostile work environment and harassment.
Answer: • You should complete Match transactions first, then move on to Add transactions.
• You should match downloaded Bank Feed transactions to Invoice Payments, Sales Receipts, Deposits, or open invoices.
Explanation:
The statements regarding Bank Feed best practice workflows involves the matching of transaction first, after which the transactions can then be added.
Also, one should ensure that the Bank Feed transactions that are downloaded should be matched to to their respective book of account such as deposits, Invoice, Sales Receipts, etc.
Question Completion with Options:
Money, Currency, Time Deposit
Answer:
1. Terms Definitions
Time Deposit An interest-earning deposit with a specified maturity date
Money Any good that is widely accepted for purposes of exchange
and in the repayment of debt
Currency Coins and paper money
2. The statements about the history of banks that are true:
Warehouse receipts, issued by goldsmiths were often used instead of gold itself to make payments.
Goldsmiths held deposited gold and issued receipts to their customers.
Explanation:
Banking evolved with the activities of goldsmiths who warehoused gold brought by customers for safeguarding by issuing them with warehouse receipts. Before long, the warehouse receipts were used as a means of payment (or exchange). That is, the warehouse receipts were used as currency, which is the modern-day equivalent of coins and paper money.
