Determine which of the statements below are accurate regarding how a petty cash fund is created and used in a business. (Check all that apply.)
A. When the fund is replenished, the Petty Cash fund account is debited.
B. Any employee may disburse cash from the fund as long as they bring back a receipt for their purchase.
C. The petty cashier is responsible for making payments from the petty cash fund.
D. The petty cashier is responsible for keeping the cash in the fund safe.
E. The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time
F. A check is drawn by the company cashier to establish the petty cash fund

Answers

Answer 1

Answer:

Options C,D,E and F are correct

Explanation:

Petty cash fund is used to provide sufficient cash to business units to spend on minor expenditures such as postage, taxi fares, etc.

The following statements are accurate regarding how a petty cash fund is created and used in a business:

C. The petty cashier is responsible for making payments from the petty cash fund.

D. The petty cashier is responsible for keeping the cash in the fund safe.

E. The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time

F. A check is drawn by the company cashier to establish the petty cash fund


Related Questions

Which choice is the best reason savings accounts are usually NOT the best
option when it comes to saving for retirement?
OA. You will not have enough "time horizon" with your saving investments.
OB. Time is not on your side when it comes to savings accounts.
Oc. Most savings accounts do not pay enough interest to keep up with inflation
OD. Many people will spend their savings if they can get to it.

Answers

Answer:

The answer is C

the correct answer is C

What are the causes of corruption and fraud in the public sector​

Answers

Answer: All before-mentioned forms of corruption occur in the public sector, including bribery, embezzlement, illicit enrichment, trading in influence, and abuse of functions (which can involve favouritism and nepotism).

Explanation:

Answer:

•Country size.

•Country age.

•Resource curse.

•Political instability.

•Wages.

•Lack of rule of law.

•Failure of governance.

•Size of government.

does anyone here know anything about like witchy stuff, like spells and stuff​

Answers

Answer:

There are many religions that revolve around witchcraft. A modern pagan religion, called 'Wicca', have some spellbooks. Earthbound (a store) sells some spellbooks. I'm sure you can find some online too.

Explanation:

Extra note- you can actually learn a lot about witchcraft on TikTok. It can teach you about spells, charms, etc.

31. Which of these terms could you use in place of the phrase "human capital”?
skills
c. tools
b. equipment
d. buildings
a.

Answers

Answer:

D

Explanation:

Answer:

skills

Explanation:

Hope this helps

Generational accounting: Select one: a. is a method of assessing the impact of fiscal policy lags from one generation to another. b. measures the number of generations it takes to pay off the national debt at a given point in time. c. evaluates the impact of current fiscal policies on different generations in the economy, including future generations. d. is an accounting method that defers to the future, the cost of any government policy the rewards of which will be reaped in the future.

Answers

Answer:

c. evaluates the impact of current fiscal policies on different generations in the economy, including future generations.

Explanation:

Generational accounting would be classified as a forecasting method that deals how the present fiscal policies would affect the future generations.

Also at the same time it would evaluate the affect related to the present fiscal policies for various generations in the economy

Therefore the option c is correct

And, the rest of the options would be incorrect

Bill was severely injured by an uninsured driver. Bill did not purchase uninsured motorists coverage, and the other driver, although held liable, could not pay the damages awarded. After exhausting other sources of recovery, Bill learned that his state is one of a few states that has a special fund to compensate innocent accident victims. These state funds are called
A) guaranty funds.
B) unsatisfied judgment funds.
C) rainy-day funds.
D) second injury funds.

Answers

A guarantee funds.........

Tianna invested $500 in a CD account. She earned $8 in interest. Inflation was $2. What is Tianna's rate of return? (3 points)

Answers

Answer:

1.6%

Explanation:

A rate of return is the total gain or loss on investment. It is usually expressed in percentage form

Rate of return on the CD is the total return derived from investing in the Certificate of deposit

Rate of return = (interest earned / total amount invested ) x 100

(8/500) x 100 = 1.6%

If we are asked to calculate the real rate of return, the inflation rate would be subtracted from the interest earned

Real rate of return = [tex]\frac{8-2}{500}[/tex] × 100 = 1.2%

_ is also known as coolant and is found in liquid-cooled engines.

Answers

Answer:

anti freeze or water

Explanation:

could be either one just depends on the context

Discuss any five advantages of the mixed economic system​

Answers

One disadvantage of mixed economies is that they tend to lean more towards government control and less toward individual freedoms.

is the state of matter with the highest temperature

Answers

Answer: gas
Explanation: GAS is the state of matter with the HIGHEST temperature and the LOWEST density.

A seller put her house and lot on the market for $200,000. After receiving several offers within $5,000 of her asking price, the seller entered into a contract to sell the house and lot to a buyer for $200,000. The contract provided that the buyer put up $4,000 in earnest money, which the seller could treat as liquidated damages unless: The seller fails to tender marketable title to the buyer by the agreed-upon closing date, the seller commits a material breach of this contract, or the buyer dies prior to the closing date, in which case the earnest money shall be reimbursed to the buyer's estate. The contract was signed on July 24, and the closing date was set for September 12. On August 5, the buyer was seriously injured in an accident. On September 10, the buyer was released from the hospital in a wheelchair. He determined that a ranch-style house would make his life much more bearable, but the seller's home was two stories. The buyer asked the seller to cancel the contract and to refund the $4,000 earnest money. The seller refused. The buyer did not appear on the closing date. On September 16, the seller contracted to sell the home to a purchaser for $198,000. The closing occurred as planned on October 20. The buyer files suit against the seller, praying for a refund of the $4,000 earnest money. How much is the buyer likely to recover

Answers

Answer:

$0

Explanation:

Both the buyer and seller agreed upon the amount that would be deposited as earnest money and what would happen to it in case the sale wasn't closed. The amount is not unreasonably large compared to the purchase price (2% only) and that represents a fair amount for the damages suffered by the seller. The seller is not responsible for the things that happened to the buyer.

Which statement about the Statute of Frauds is correct?
O A. The statute makes contracts voidable.
O B. It requires some contracts to be in writing.
C. It makes a written contract unenforceable.
D. Its origins began in Colonial America.

Answers

B. It requieres some contracts to be in writing

All written contracts must have definite and certain terms. Only certain types of contracts need to be in writing.

Answer:

B. It requieres some contracts to be in writingExplanation:

The Full Employment and balanced Growth Act of 1978 formally established a specific unemployment target for the economy of

Answers

The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of what percentage?

Answer:

4 percent

Explanation:

The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of 4 percent

The Act also declared that on or before the year 1983 the federal government should achieve an adult unemployment rate of at most 3 percent, a civilian unemployment rate of at most 4 percent, and an inflation rate of at most 3 percent.

Hence, in this case, the correct answer is 4 percent.

What should a company consider when choosing a celebrity to endorse its products? Explain.

Answers

Answer:

Explanation:

Celebrity endorsement on a product is vital in increasing brand recognition and having more customers and improvement in sales. Some of the things that should be considered when choosing a celebrity for endorsement of a product include:

1. Identification of their interest: It's vital for the celebrity to have thesame interest with the product to be endorsed. The brand should share the celebrities passion.

2. Their audience engagement should also be considered. It is vital to have celebrities that have a strong followership and large fanbase. This will help in driving ones sales.

3. Celebrities that are controversial and have negative history should be avoided. This can have a negative impact on ones product. For example, using a celebrity that is known to be a drug addict or have a vile lifestyle.

On January 1, Year 1, Can Corporation distributed Sec. 1231 land with a market value of $300,000 and an adjusted basis of $205,000 under a plan of partial liquidation under the Sec. 302(b)(4) rules. The distribution was made to individual shareholder Clem, who had owned 40% of Can since it was founded. Clem’s stock interest redeemed in the partial liquidation had a basis of $140,000. What are the amount and the character of gain/loss that Can should recognize on the distribution?

Answers

Answer:

1231 gain of $95,000

Explanation:

Calculation to determine the amount and the character of gain/loss that Can should recognize on the distribution

Using this formula

Amount of gain/loss =Market value of land -Adjusted basis

Let plug in the formula

Amount of gain/loss= ($300,000 - $205,000).

Amount of gain/loss=1231 gain of $95,000

Therefore the amount and the character of gain/loss that Can should recognize on the distribution will be 1231 gain of the amount of $95,000

Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? How

Answers

Answer:

Gap 4, which deals with lowering customer expectations, can be closed at any time. While the first three gaps are concerned with raising company performance to meet expectations, gap 4 aims to lower customer expectations to meet perceptions.

Explanation:

Gap 4 can reduce customer expectations and can be filled at any time. The first three gaps focus on improving business performance in order to meet objectives.

What is communication?

Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.

To match perceptions, gap 4 seeks to lower customer requirements. Since the two strategies for overcoming the consumer gap function according to different principles, they can each take place on their own.

The fourth gap seeks to lower the expectations of customers in order to align with perceptions, as opposed to the other three gaps, which focus on improving firm performance to fulfill expectations.

Learn more about communication, here:

https://brainly.com/question/22558440

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The complete question is probably

Can provider gap 4, the communication gap, be closed prior to closing any of the other three provider gaps? why or why not?

Tim Wrench was leading the client services division of AmWeb for seven years when he was asked to move to another region where the company was setting up its office. Before moving, Tim was asked to help in finding a successor for him from his team. Tim's most obvious choice was Judy Judge, and the management accepted his choice as Judy was a popular person across the company. Judy was known for her vivacious nature, was often seen speaking to employees from various divisions, and was always excited to take up a new opportunity. Once she became a leader, she continued to give employees freedom and flexibility even if it resulted in deficiencies on the work front like missed deadlines or low quality. Judy's initial weeks as a leader were full of confusion among her team members, but many felt that the situation would come under control. When things did not improve in the next two months and many complaints poured in from clients, the management realized that Judy was not the best candidate to lead the team. Which of the following, if true, would best explain this outcome?
A. Judy was a high-performing employee and enjoyed good relationships with everyone on the team.
B. Everyone felt Judy was given insufficient time to prove her worth as a leader.
C. Research has shown that traits can predict the emergence of a leader, but not his or her efficiency as a leader.
D. The client complaints were a common thing encountered by the company.
E. Judy demonstrated low levels of consideration and high levels of task-orientation.

Answers

D) the client complaints were a common thing encountered by the company

The option that is true to explain the outcome is the client complaints were a common thing encountered by the company. Thus, option D is correct.

What is complaints?

A complaint is any legally recognized document that lays forth the facts and legal grounds that the filing party or parties think are adequate to sustain a claim against by the or parties against whom a claim is lodged, entitling the plaintiff to a remedy.

A successful complaint usually consists of three steps: describing the situation, expressing your thoughts, and requesting action. The first step is to describe the issue. To accomplish it properly, you must use courteous and respectful words.

Customer complaints occur when a company fails to deliver on its promises and fails to satisfy the customer's expectations in terms of product or service. Clients are the most important component of every business. Hence, option D is correct.

Learn more about complaints here:

https://brainly.com/question/29218010

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Assembly department of Zahra Technologies had 100 units as work in process at the beginning of the month. These units were 50% complete. It has 200 units which are 25% complete at the end of the month. During the month, it completed and transferred 500 units. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. Zahra uses weighted-average process-costing method.

What is the number of equivalent units of work done during the month for direct materials? (HINT: The answer is 700 units, but I need work to support it)

Answers

Answer: 700

Explanation:

The number of equivalent units of work done during the month for direct materials will be:

Completed and transferred units = 500

Ending work in process inventory = 200

Number of equivalent units = 500 + 200 = 700

Threadless (Strategy Highlight 5.2.) is a community-centered online apparel store that leverages user-generated content. The idea is to turn consumers into prosumers, a hybrid between producers and consumers. Members of the Threadless community do most of the work, which they consider fun: They submit T-shirt designs online, and community members vote on which designs they like best. The designs receiving the most votes are put in production, printed, and sold online. It can be said that Threadless uses the _____ technique.

Answers

Answer: Crowdsourcing Technique

Explanation:

The crowdsourcing technique is a technique that seeks information, opinions and ideas from a group of people who belong to a particular target market.

Like the name implies, it is usually done by engaging a “crowd” to source for ideas, and information for a particular project or goal.

Crowdsourcing aims to reduce cost while gaining insight into the intelligence and creativity of the target market.

Like the Threadless community, the target market may be unaware of the work they are putting in but they get the desired product at the end so they see crowdsourcing as fun and satisfying.

PLEASE help im stuck


What management principle caused the cost per bushel to change? Explain how the principles applied to this example.

Answers

Answer:

Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.

How can interests play a role in planning for your career brainly
A.You may want to join clubs or teams at work.
B.You won't want to work with people who have different interests.
C.Interests should be included on your resume
.D.It is possible to choose a career based on your interests.

Answers

Interests play a role in career planning because D.It is possible to choose a career based on your interests.

Why should interests be considered in career planning?

Interests are things we actually enjoy doing and are actively interested in doing.

These should therefore be considered when planning for a career because we can pick jobs based on out interests which would allow us to be motivated when doing those jobs.

Find out more on career planning at https://brainly.com/question/625263.

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d, it is possible to choose a career based on your interests

Imagine that you earned $14,425 in one year. If the government enforces a
15% income tax, how much money would you owe in taxes at the end of the
year? Show your work.

Answers

Answer:

you would owe 2163.75 in taxes

Explanation:

Answer:

$2,163.75

Explanation:

The way to solve this multiply 14425 by the decimal form of 15%.

You always move it two to the left.

So 0.15

Then multiply

14425 • 0.15

2163.75

So you would owe $2,163.75

Hope this helps

Please post detailed answers to the following questions. Please use complete sentences.What responsibilities do you believe people have as citizens in our global economy?

Answers

Answer:

Explanation:

GLOBAL CITIZENSHIP RESPONSIBILITIES. A global citizen, living in an emerging world community, has moral, ethical, political, and economic responsibilities. These responsibilities include: #1 Responsibility to understand one's own perspective and the perspectives of others on global issues.

Whether speech is going to be delivered before one or one hundred people, the speaker should:
a.
Concentrate on getting everything out quickly
b.
Imitate the mannerisms of great speakers
c.
Prepare their thoughts in advance
d.
Use their biggest vocabulary to sound educated

Answers

Answer:

C). Prepare their thoughts in advance.

Explanation:

A speaker aims to serve a specific purpose through his/her speech(to inform, to entertain, to convince, to motivate, etc.). In order to serve this purpose effectively by the end of the speech, it is very crucial to 'prepare the thoughts that the speaker wishes to convey in advance' as it helps him/her in organizing the thoughts in a logical order to ensure its efficacy. It also assists in analyzing whether the thoughts get along with each other and also keeps room for creativity which can enhance its impact and make the purpose more successful. Thus, be it one or one hundred people, it is important for a speech to be prepared in advance and hence, option C is the correct answer.

Answer:

C). Prepare their thoughts in advance.

Explanation:

e d g e

At the end of the current year, Accounts Receivable has a balance of $1,975,000; Allowance for Doubtful Accounts has a credit balance of $19,670; and sales for the year total $28,550,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $225,000.
a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
Accounts Receivable ____________ $
Allowance for Doubtful Accounts ________ $
Bad Debt Expense _______ $
c. Determine the net realizable value of accounts receivable.

Answers

Answer and Explanation:

a. The amount of the adjusting entry for uncollectible accounts is

= $225,000 - $19,670

= $205,330

b.  the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense is

For account receivable it is $1,975,000

For allowance for doubtful debts, it is $225,000

And, for bad debt expense, it is $205,330

c. The  net realizable value of accounts receivable is

= $1,975,000 - $225,000

= $1,750,000

Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, what similarities do you still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold?

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, the similarities I still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold are the following.

Businesses are still business no matter the time in history. They are created to make profits.

Businessmen are greedy most of the time, like in the past. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

This can be shown in politics, in the economy, and in business. Of course, this can be seen in trade and in foreign affairs.

Social costs should be important but are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

To this day, businesses are driven by money, power, and control, and these have been teh causes of major differences between companies, states, individuals, and countries.

QUESTION 13
Primary data is
to gather than secondary data.
a. less costly and more difficult
b. costlier and more difficult
c. less costly and less difficult
d. costlier and less difficult

Answers

Answer:

a....the answer

Explanation:

hope its helpful

ACTIVITY 2.
Identify and explain briefly the question below
1 What are the 4P's in marketing plan?Explain each
А__________
B__________
С__________
D__________​

Answers

Answer:

A. Product

B. Price.

C. Place.

D. Promotion.

Explanation:

Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing plan is made up of the four (4) Ps and these includes;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

ive been stuck on this PLEASE help-- how do I find marginal cost?


this is my assignment:

What is the marginal cost of nitrogen in our example when nitrogen is priced at 25 cents a pound vs. if it was 35 cents a pound?

Answers

Answer:

Marginal cost is calculated by dividing the change in total cost by the change in quantity. Let us say that Business A is producing 100 units at a cost of $100. The business then produces at additional 100 units at a cost of $90. So the marginal cost would be the change in total cost, which is $90.

Experience indicates that strategic alliances Multiple Choice are generally successful. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.

Answers

Answer:

stand a reasonable chance of helping a company reduce competitive disadvantage, but very rarely form the basis of a durable competitive advantage over rivals

Explanation:

Of course, a rival company is free and could also make its own strategic alliance. Hence, there is no durability in competitive advantage (ca) if a company based its hope on only forming strategic alliances.

For example, an older company that partners with a new transport/logistics  company in order to reduce its cost of transportation (thereby assuming to increase ca), while also increasing the brand awareness of the logistics may be shocked when its major does a similar partnership with another logistics firm.

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