A receiving department receives copies of purchase orders for use in identifying and recording inventory receipts. The purchase orders list the name of the vendor and the quantities of the materials ordered. A possible error that this system could allow is:
A. Payment to unauthorized vendors.
B. Payment for unauthorized purchases.
C. Overpayment for partial deliveries.
D. Delay in recording purchases.
Answers: 2
Business, 22.06.2019 01:30, rome58
The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: β’ sales at $500,000, all for cash. β’ merchandise inventory on november 30 was $250,000. β’ the cash balance at december 1 was $20,000. β’ selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. β’ budgeted depreciation for december is $30,000. β’ the planned merchandise inventory on december 31 is $260,000. β’ the cost of goods sold represents 75% of the selling price. β’ all purchases are paid for in cash. the budgeted cash disbursements for december are:
Answers: 3
Business, 22.06.2019 16:50, babydolltia28
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
Business, 22.06.2019 19:50, ParallelUniverse
Our uncle has $300,000 invested at 7.5%, and he now wants to retire. he wants to withdraw $35,000 at the end of each year, starting at the end of this year. he also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. for how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? a. 14.21b. 14.96c. 15.71d. 16.49e. 17.32
Answers: 1
A receiving department receives copies of purchase orders for use in identifying and recording inven...
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