Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.
Answer:
How often, on average, receivables are received and collected during the period
Explanation:
An account receivable is an accounting entry that measures the amount which a firm or organization will receive soon that is not paid yet by the customers. Likewise, account receivable turnover measures the average amount received and collected in a particular period. It helps to understand the average receivable amount and what must be changed to improve it.
Answer:
The inspector found a violation that could cause serious injury or death.
Answer:
The correct answer is d. controlling.
Explanation:
If there is an important section in project management, it is the control section. Once it has been decided to start, with the execution, the project manager must assume the responsibility of each person within the same fulfills the tasks assigned to him and thus, ensure that the project runs according to his planning.
The idea of project control is very simple: it has been elaborated with some objectives, studying the available resources and preparing a plan to achieve the goals. Control is what ensures the follow-up of these plans, preventing any team member from deviating from the marked route. Thanks to the control tasks, the achievement of objectives will be ensured as defined in the planning phase.
When the project has already been planned, it should be put in place. The main requirement to start is that the project is fully defined and approved by the steering committee or the shareholders' meeting and, where appropriate, by the sponsor of the actions to be carried out.
Answer:
1. Market share variance= $65,903(Unfavorable)
2. Market size variance= $36,613(favourable)
Check attachment for the table
