Answer:
The correct answer is B
Explanation:
The journal entry which is to be recorded for the service revenue at the end of May is as follows:
Unearned Revenue A/c..............Dr $5,333
Service RevenueA/c...........Cr $5,333.
Working Note:
Revenue = Total amount × Number of months / Total months
where
Amount is $8,000
Number of months means at the end of May which is a 2nd month
Total months is 3 months (April, May and June)
= $8,000 × 2 / 3
= $5,333
Answer:
The most suitable answer here is D. Concurrent Control.
Explanation:
Concurrent control is also known as preventive controls and steering controls where the aim of the control procedure is to identify the possible flaws of a process and to prevent them before occurring.
Furthermore, in this scenario as you can see, Donald consults production manager and formulates measures as the process is ongoing. This makes it more of a "concurrent control" as well.
So Why did we not use any of the other options?
Option A, reactive controls is incorrect in this case, because reactive measures are completely spontaneous actions that respond to an accident.
Option B is incorrect too, because feedback controls are done after a process has been completed and through identification of falls happened.
Option C, feed forward controls are not correct in this scenario as well. Although it is a type of preventive control, in this scenario it is not entirely preventive. They are formulating measures even as the process is ongoing.
Answer:
C) Brenda is not guilty of bribery.
Explanation:
Bribery can be defined as offering a payment (or paying) to a government official in exchange for a favorable treatment either regarding a personal or commercial issue. In this case, Brenda offered money to a person working in a private company, so she cannot be guilty of bribery.
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
What? didnt quite understand your question.
