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2 years ago

A mechanism of control utilized in organizational culture is __________

1 answer:

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A mechanism of control utilized in organizational culture is values, norms, and socialization.
A control process is a procedure that build up benchmarks, measure performance and look at that against models or standards and assess result. There are three types of organizational control systems that are output, behavior, organizational.

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Littleton Books has the following transactions during May. May 2 Purchases books on account from Readers Wholesale for $4,200, t

lidiya [134]

Answer:

Explanation:

The journal entries are shown below:

On May 2:

Purchase A/c Dr $4,200

To Accounts Payable A/c $4,200

(Being purchase is made on credit)

On May 3:

Freight Inward A.c Dr $290

To Cash A/c $290

(Being freight expenses are paid in cash)

On May 5:

Accounts payable A/c Dr $350

To Purchase return $350

(Being purchase return is recorded)

On May 10:

Accounts payable A/c Dr $3,850

To Cash A/c $3,773

To Discount $77

(Being full amount is paid and the remaining balance is credited to the cash account)

The discount is computed below:

= (Purchase - purchase return) × discount rate

= ($4,200 - $350) × 2%

= $3,850 × 2%

= $77

On May 30:

Accounts receivable A/c Dr $4,900

To Sales revenue $4,900

(Being sales is recorded)

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2 years ago

At January 1, 2020, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha

fiasKO [112]

Answer:

$4,000

Explanation:

The operating activities is the activities which records day to day activities i.e change in working capital, loss or profit on sale of long term assets, depreciation expense etc

In the given situation, there is a loss of $4,000 on the sale of equipment and the same is recorded under the operating activity in a positive sign

The sale of an equipment and the purchase of an equipment would be shown in the investing activity . Hence, we do not considered here

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2 years ago

Assume short-run production. Indicate whether the statement below is true (T) or false (F). nothing: The difference between

Furkat [3]

Answer:

1. The difference between the total cost and the total variable cost is a constant. - TRUE

The difference between the 2 is indeed constant and is the Total Fixed cost which does not change throughout the production process.

2. When total cost or total variable cost is increasing, there are increasing marginal returns to the variable input. - FALSE

With only the total cost or total variable cost given, it is not possible to tell how the Marginal returns to the input is faring.

3. Changes in fixed costs do not affect the shape or placement of the total cost curve. - FALSE

Fixed costs are part of the total cost curve so if they change they will impart the total cost curve. An increase may not change the shape but it will definitely change the placement of the Total cost curve.

4. The marginal cost is the slope of the total cost curve or the total variable cost curve. - TRUE

The slope of either the Total cost or variable cost curves are the graphical representations of a change in either which is the definition of the Marginal cost.

5. The average cost curve is everywhere above the average variable cost curve. - TRUE

As the average cost is the sum of both the average fixed and average variable costs, it will always be higher than either so it is higher than the Average variable cost.

6. The marginal cost at a particular output level is the slope of a line from the origin to the corresponding point on the cost curve. - FALSE

Marginal cost measures the difference in cost from one unit to the next. A line from the origin to the corresponding point would have measured for all units produced making it the Average cost not Marginal Cost.

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2 years ago

XYZ Advisers is a federal covered adviser with an office in State A. It has 400 clients in State A; 6 clients in State B; and 3

Stels [109]

Answer:

None of the states.

Explanation:

Since XYZ Advisers is a federal covered adviser, it implies that it is registered with the Security and Exchange Commission (SEC) but not registered with any of the states. Therefore, only the SEC has its registration that it can revoke.

However, it is compulsory for the XYZ Advisers or any other adviser carrying out a business in any state to notify the State in which it is carrying out a business. This is to enable the relevant State to carry out an investigation and issue an order against the adviser whenever the the Administrator of a State received a complaint against a federal covered adviser. But the state still does not have the registration of the federal covered adviser it can revoke.

Therefore, none of the State Administrator(s) has the authority to revoke XYZ Adviser's registration.

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2 years ago

Although many think that television is uniquely responsible for the deficit in exercise that children are getting in the united

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Computer usage B
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2 years ago