Answer:
compares the efficiency and effectiveness of your business processes against strict standards.
Explanation:
Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.
Answer:
a. Minimize change for workers
Explanation:
Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.
<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>
Answer:
Yes
Explanation:
because south Africa can't put the money on the side
Answer:
$4,400,000
Explanation:
Cash Pledged $2,000,000
Treasury bill due in one month $2,000,000
Cash in checking account $400,000
Cash and Cash Equivalents $4,400,000
Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.
Answer:
<u>If records invoices at gross amounts</u>
October 2th
inventory 3,000 debit
A/P 3,000 credit
October 2nd
A/P 500 debit
inventory 500 credit
October 17th
inventory 5,400 debit
A/P 5,400 credit
October 26th
A/P 5,400 debit
Inventory 108 credit
cash 5,292 credit
October 31th
A/P 2,500 debit
Cash 2,500 credit
<u>If records invoices at nets amounts</u>
October 2th
inventory 2,940 debit
A/P 2,940 credit
October 2nd
A/P 490 debit
inventory 490 credit
October 17th
inventory 5,292 debit
A/P 5,292 credit
October 26th
A/P 5,292 debit
cash 5,292 credit
October 31th
A/P 2,490 debit
Inventory 10 debit
Cash 2,500 credit
Explanation:
gross amount: we use the invoice nominal
net amount: we use the net nominal
October 2nd net:
3,000 x (1-2%) = 2,940
returns net: 500 x ( 1 - 2%) = 490
October 16th invoice net:
5,400 x ( 1 - 2%) = 5,292
october 31th
october 2th invoice balance:
2,940 - 490 = 2,450