Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.
Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.
Making each manager personally responsible for his/her department
Answer:
37.5%
Explanation:
In this question, we are asked to calculate the Value of the cash return on asset
We use a mathematical representation to do this. Let’s get the formula.
Mathematically:
Cash return on assets = operating cash flows/average total assets
According to the question, the operating cash flow has a value of $150,000. The average total assists have a value of (350,000+450,000)/2 = 800,000/2 = $400,000
We input these values into the formula:
Cash return on assets = 150,000/400,000 = 37.5%
<u>Answer:
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With an ATM checking account, you are typically charged a fee if you use teller services is a false statement.
<u>Explanation:
</u>
- The ATM facility has been rolled out in order to dispense convenience to the users of cashless transactions or of withdrawing cash whenever need.
- This service is not charged as long as there are not any extra facilities demanded like that of international transactions.
- Charging a fee for using an ATM would decrease the number of its users drastically.
Answer:
A. Coercive
Explanation:
Stephanie, the manager seems to be demanding respect from her subordinates in a forceful way.
To coerce means to persuade an unwilling person to do something by threats or force.
Stephanie is frustrated because her method of coercion has failed to work on her subordinates so she has gone to report to a higher authority.