McPherson Corp. does not make an annual physical count of year-end inventories, but instead makes weekly test counts on the basis of a statistical plan. During the year, Sara Mullins, CPA, observes such counts as she deems necessary and is able to satisfy herself as to the reliability of the client's procedures. In the reporting on the results of her examination, Mullins:
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Answer and Explanation:
Since in the given situation it is mentioned that McPherson Corp has not done any physical count of inventory but rather it do weekly test counts based on statistical plan also such counts would be considered for satisfying herself so here the reporting would be that Mullins would have to submit an unqualified opinion as she is content with the client producers and considered them reliable & accurate
Related Questions
Vertical disintegration occurs when a company: a. uses its capital resources to purchase its competitor. b. takes advantage of another company it does business with after the other company has made a substantial investment in assets to meet the needs of the company. c. decides to exit industries to its core industry. d. decides to acquire its suppliers and distributors. e. decides to sell its business model to another company.
Answers
Answer:
b. takes advantage of another company it does business with after the other company has made a substantial investment in assets to meet the needs of the company.
Explanation:
Vertical disintegration occurs when a company takes advantage of another company it does business with after the other company has made a substantial investment in assets to meet the needs of the company.
A common or popular example of vertical disintegration is Hollywood because it comprises of specialized business firms that are saddled with the responsibility of performing specific tasks or services such as creating movie trailers, posters, editing, sound effects, special effects, lighting, etc.
Generally, vertical disintegration help business firms or organizations to share risk associated with doing business among themselves.
60 points please help
Review Questions
1. What is logistics?
2. What is hospitality? What is one career in hospitality?
3. What are three locations or sites that people in hospitality or tourism careers work?
4. If you were an innkeeper, what would do for work?
5. What is mobile equipment maintenance?
Critical Thinking Questions
1. Imagine you want to become a chef and restaurant owner. What education and skills would you need?
2. Think about a city bus system. What goes into getting buses where they need to be on time to get people where they need to be?
3. Imagine that you run an amusement park. You have to hire people to work in your park. What skills or characteristics would you look for? Why?
4. Why are transportation jobs important?
5. If you were putting together a bus route in your town, what would you need to think about to make it run well?
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Answer:
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.
I made a website but I need help
can you help me https://manage.wix.com/dashboard/dfc0d810-392a-4bd4-afe2-bc2a5618e9ca/home?referralInfo=my-sites
Answers
Answer:
that depens am i going to regreat it or not?
Explanation:
how do ordinary people get involved in a democratic country
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Answer:
Citizens vote for their government officials and these officials represent the concerns and ideas of the citizens in government. For example, your Governor is elected by the voters in your state. ... Voting in an election and contacting our elected officials are two ways that Americans can participate in our democracy.
Answer:
same as his/her answer
Explanation:
sorry I just need a free point hsjsnsnsannananansnsbnsnsjssjsjkakaksksks
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Spoiled units generally constitute 4% of the good units. Data for December 2020 are as follows: WIP, beginning inventory 12/1/2020 23,000 units Direct materials (100% complete) Conversion costs (75% compete) Started during December 76,900 units Completed and transferred out 12/31/2020 72,700 units WIP, ending inventory 12/31/2020 18,800 units Direct materials (100% complete) Conversion costs (70% complete) Costs for December: WIP, beginning inventory: Direct materials $160,000 Conversion costs 77,300 Direct materials added 224,400 Conversion costs added 293,000 Abnormal spoilage totals ________.
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Answer:
The answer is "5492".
Explanation:
[tex]\to (23,000+76,900) - (72,700+18,800) \\\\\to (99,900) - (91,500) \\\\\to 8,400\\\\\to 4\% \times 72,700[/tex]
[tex]= 2,908\\\\[/tex]
[tex]\to 8,400 - 2,908 \\\\[/tex]
[tex]=5492[/tex]
Celebrities can appeal to ethos when they promote products that
A. are related to their field.
B. people want to buy.
C. might help people.
D. are not well known.
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Answer:
B.people want to buy ..............
Which elements do you think need to go in a fire prevention plan?
O Means of reporting fires and other emergencies
O Evacuation procedures and emergency escape route assignments
O Procedures for employees who remain to operate critical plant operations before they evacuate
O Vacation schedules for all employees
O Accounting for all employees after an emergency evacuation has been completed
O Rescue and medical duties for employees performing them
O Names or job titles of persons who can be contacted
Locations of supply closets
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Answer:
I. Means of reporting fires and other emergencies.
II. Evacuation procedures and emergency escape route assignments.
III. Procedures for employees who remain to operate critical plant operations before they evacuate.
IV. Accounting for all employees after an emergency evacuation has been completed.
V. Rescue and medical duties for employees performing them.
VI. Names or job titles of persons who can be contacted.
Explanation:
Firefighting can be defined as a strategic approach or technique which typically involves the process of attempting to prevent and control the spread of an unwanted fire in buildings, vehicles or any other location (place).
Basically, the professionals or experts who are saddled with the responsibility of preventing or controlling this unwanted fire are known as fire fighters.
A fire prevention plan can be defined as a strategic framework or model which comprises of all the necessary actions to take in order to prevent fire in a particular location.
The elements that would need to go in a fire prevention plan includes;
I. Means of reporting fires and other emergencies.
II. Evacuation procedures and emergency escape route assignments.
III. Procedures for employees who remain to operate critical plant operations before they evacuate.
IV. Accounting for all employees after an emergency evacuation has been completed.
V. Rescue and medical duties for employees performing them.
VI. Names or job titles of persons who can be contacted.
Answer:
1,2,3,5,6,7
Explanation:
OSHA
Career Question Below
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Answer:
I think A. sorry if I'm wrong
Collusion occurs when companies agree to drop prices and increase production.
True
or
False
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2. Happy Selling Company's salaries to sales agents amounted to Php 10,000. Salaries of accountants
amounted to Php 20,000. No other expenses were incurred. How much is the company's general and
administrative expense?
Answer:
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Answer:
Please one time
Mark brainliest
How much would you sell a paper airplane for? Why? How much of that is profit?
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Answer:
$100009
Explanation:
if it's homemade, sell it for that much.
if this is an actual question, I'm so sorry.
Answer:
maybe one dollar each, I can make a paper airplane w mail paper, so I won't waste money on actual paper, but I dont think my answer is good so choose the other ones
Select all that apply Determine which of the following statements are correct descriptions of a subsidiary ledger. (Check all that apply.) Multiple select question. The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger. It is a supporting ledger that contains detailed information about a general ledger account. The account which the subsidiary ledger supports in the general ledger is called a control account. Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable. A subsidiary ledger is a general ledger account that appears in the chart of accounts. The balance in the subsidiary ledger will rarely equal the balance in the supported account in the general ledger.
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Answer:
- The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger.
- The account which the subsidiary ledger supports in the general ledger is called a control account.
- It is a supporting ledger that contains detailed information about a general ledger account.
- Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable.
Explanation:
A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.
It gives a breakdown of the single amount that reflects in a general ledger account.
For example if the accounts payable account has a balance of $50,000, the subsidiary ledger will show the individual transactions that make up the $50,000.
Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.
A social environment is BEST described as:
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Explanation:
The social environment, social context, sociocultural context or milieu refers to the immediate physical and social setting in which people live or in which something happens or develops. It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact.
Answer:
The social environment is a broader concept than that of social class or social circle.
Explanation:
How does email marketing help companies nurture customers?
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Answer:Email helps with a lot of things , emails can help companies keep track of things such as documentary , reciepts,checks and more.
Explanation:
The characteristic of wave independent of others is
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Answer:
Explanation:
A wave. preserve its individuality while travelling through space.So when a Number of waves travel through a region at same time, each wave travels independently of the others i.e., as if all other waves were absent.
Determine which of the following statements best describes the control principle as it relates to an accounting information system. Multiple choice question. The principle prescribes that management should verify all transactions before they are entered into the accounting system. The principle prescribes that an accounting information system have internal controls. The principle describes the U. S. GAAP rules of double entry accounting within an accounting system. The principle outlines the rules regarding when revenue should be recognized within an accounting system.
Answers
Answer:
The principle prescribes that an accounting information system have internal controls.
Explanation:
The statement which best describes the control principle as it relates to an accounting information system is that, the principle prescribes that an accounting information system have internal controls.
Answer:
The principle prescribes that an accounting information system have internal controls.
Explanation:
Because it is the "Correct Answer"
My friend failed 3 quarters. She mainly had 50's. In quarter 4, she has all A's. Will she be able to go to the next grade?
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Calculate the cost price of one of the following if 10 pencils = $ 110.00
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Answer:
The pencils are 11 dollars.
Explanation:
110/10 is 11
11 times 10 is 110
11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 = 110
How do you select the fruit for jam ?
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Answer:
Explanation:
you could buy fruit from the super market or you could get fruits from your backyard garden if you have one or you you collect fruits from farms near you!
Answer:
You can go to your nearest store and get fruit or you can grow different fruit trees but that will take years.
Explanation:
A consulting company won a $20.8 million three-year contract. The contract requires software development, hosting, and maintenance over three years. The total estimated cost of the project is $17 million, with $10 million expected in Year 1, $5 million in Year 2, and $2 million in Year 3. The billing schedule shows that $5 million will be billed upon start of the work, and then $5 million at each year end. At the end of the first year, the actual cost incurred is $9 million, and total estimated costs are unchanged at $17 million. Using the percentage-of-completion method, how much revenue should be recognized at the end of the first year
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Answer:17%
Explanation: I just want points
In order for a sales team to achieve full potential, modern day sales organizations assign specialized roles to increase efficiency and productivity of their sales teams. For example, ________________________ are farmers, with the sole responsibility of increasing customer loyalty and retention through additional services so that customers continue to use and expand a firm's product and service offerings. ____________ are hunters who are responsible for finding new clients.
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Answer:
Customer success or client Development Reps; Sales Development Reps.
Explanation:
Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
In order for a sales team to achieve full potential, modern day sales organizations assign specialized roles to increase efficiency and productivity of their sales teams. For example, Customer success or client Development Reps are farmers, with the sole responsibility of increasing customer loyalty and retention through additional services so that customers continue to use and expand a firm's product and service offerings. Sales Development Reps are hunters who are responsible for finding new clients.
Should the government have given money to the banks? Why or why not?
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Answer:
It really depends on the state of the economy but I'll give a general answer, Investing in a bank is pretty much investing in people, when the economy is good the banks are good, and when the economy is bad the banks are bad, namely stocks. If the government were to invest in banks and give them money they would wouldn't be circling the money into resources, technically the government doesn't really need to invest in banks anyway since they are the ones that print the bills and give money, investing in banks is just pointless when the government already pays for your job, in which YOU give money to the bank to either save up and spend the money later, or to invest in a trust fund which also circles money back into the government through taxes.
Explanation:
If the government already pays for peoples food , jobs , etc and expect them to put that food back into business and then tax the people and the business why would they need to invest in banks? Unless of course there was a stock market crash and the government needed an incentive to get people to buy stocks and thus started to invest but that always goes bad.
Given all the details about bonds and stocks, which do you prefer to invest with your money in the future? Explain in your own words.
Answers
Answer:
Bonds provides more opportunities and offers than stocks.
Explanation:
Bonds are a better option than stocks as bonds tend to give a good return. That is the bonds are less volatile and less risk markets they have a high interests rates and tends to offer saving rates at a bank and hae various advantages. Bonds also perform well the stocks decline and hence they are better than stocks and should prefer to invest in the money in future.2. Carla has 15 items on her "to do " list when she arrives at work today. By noon she has completed 3/5 of the items. How many has she completed?
A. 3
B. 5
C. 9
D. 12
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Which of the following is NOT a characteristic of population?
O The people in the group being investigated
O The group from which the sample comes
O The people who are actually measured
O The general population of a segment such as students, voters, etc.
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Answer:
The people who are actually measured
Explanation:
A population is the whole group you want to study while a sample is the group chosen to partake in the study or experiment.
For example you want to carry out a study on the spending habits of millennials in the world. It is impossible to contact all the millennials in the world. The reasonable step would be to choose a sample of the people that would be representative of all the millennials in the world.
Here the population are millennials. while the representative population chosen to represent millennials are the sample
How would you describe the dangers of debt to a friend?
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Answer:
I would explain to them that the danger of debt. Can lead to credit going down. When you don’t pay your debt, and you get behind your credit can go down
How do i find the net income?
Gross sales - $750,000
COGS - ($200,000)
Operating Expense-($150,000)
Interest Expense - ($50,000)
Net Income - $_________
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Answer:
Subtract all your expenses from your earnings which would be 750,000 - 200,000 -150,000 - 50000 = $350,000 net income
Ava’s Sweets wants to protect its company’s logo and name. What should Ava do?
A. Contact the Small business Administration
B. Trademark her company name and logo
C. Register for an Employer Identification Number
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Trademark her company name and logo should Ava do, as Ava’s Sweets wants to protect its company’s logo and name. Hence, option B is correct.
What is Trademark?A trademark is a symbol that can be used to separate the products or services of one company from those of other companies. Intellectual property rights provide protection for trademarks.
Any word, phrase, symbol, design, or combination of these that distinguishes your products or services might be considered a trademark. Customers use it to recognize you in the marketplace and set you apart from your rivals. The terms "trademark" and "service mark" are interchangeable.
A trademark is an indication of origin. They set one trader's products or services apart from another and come in a variety of shapes and forms, including phrases, slogans, logos, shapes, colors, and noises. Trademarks are registered for particular goods or services that fall under distinct categories, or classes.
Thus, option B is correct.
For more information about Trademark, click here:
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The _______ system gives both producers and consumers important information they use in making decisions about how to allocate their resources and is determined by forces of supply and demand.
1.) profit
2.)none of the above
3.)price
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one dozen pencil cost 10 if rhe oencil were sold at 1.50 each ehat percentage profit was made on the pencil
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Answer:
huh? im confused i almost had a stroke reading this-
Explanation: