The following is a list of possible errors or fraud (1 through 8) involving sales and controls (a. through k.) that may prevent or detect the errors or fraud:
Possible errors or Fraud
1. Goods are removed from inventory for unauthorized orders.
2. Credit sales are made to customers with unsatisfactory credit ratings.
3. Invoices are sent to co-participants in a fraudulent scheme, and sales are recorded for fictitious transactions.
4. Goods shipped to customers do not agree with goods ordered by customers.
5. Invoices are sent for shipped goods, but are not recorded in the sales journal.
6. Invoices are sent for shipped goods, and are recorded in the sales journal, but are not posted to any customer accounts.
7. Invoices for goods sold are posted to incorrect customer accounts.
8. Invalid transactions granting credit for sales returns are recorded.

A) The cost of Job 845 using ABC to assign the overhead costs is $9,547.

B) The cost of Job 845 using the plantwide overhead rate based on machine hours is $8,640.

A) The price of Job 845 is $9,547 when ABC is used to allocate the overhead expenses. This is determined by dividing the setup cost ($146,000/1,000 hours) by the setup hours (5 hours), yielding $730. The cost of production scheduling is then multiplied by one batch of batches to yield a result of $60,000. To reach $270, multiply the production engineering cost by the number of change orders (there were 3 change orders).

Finally, $2,887 is obtained by multiplying the machine maintenance cost by the number of hours the equipment was operated (30 hours).

The sum of these charges is $3,947, and when combined with the $8,000 and $1,000 direct labour and material costs, the total comes to $9,547.

B) Using the plantwide overhead rate based on machine hours, Work 845 will cost $8,640. This is computed as $2,400 by dividing the machine maintenance cost ($96,000/12,000 hours) by the number of hours the machine was utilised (30 hours). This brings the cost up to $8,640, which is then multiplied by the direct material and direct labour expenditures of $8,000 and $1,000, respectively.

Complete Question:

Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs:

Setup (1,000 setup hours)-$ 146,000

Production scheduling (400 batches)-60,000

Production engineering (60 change orders)-90,000

Supervision (2,000 direct labour hours)-56,000

Machine maintenance (12,000 machine hours)-96,000

Total activity costs -$ 448,000

The following additional data were provided for - Job 845:

Direct material costs -$ 8,000

Direct labour cost (5 Milling direct labour hours; 35 Finishing direct labour hours) -$ 1,000

Setup hours -5 hours

Production scheduling - 1 batch

Machine hours used (25 Milling machine hours;5 Finishing machine hours) -30 hours

Production engineering -3 change orders

(A) Calculate the cost of Job 845 using ABC to assign the overhead costs.

(B) Calculate the cost of Job 845 using the plantwide overhead rate based on machine hours. (Round your answer to the nearest dollar.)

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Answer:

A). Immigrants were examined for physical and mental illnesses

Explanation:

Answer:

a

Explanation:

Checking Account, Savings Account, Money Market Deposit Account are three different checking accounts.

The savings account is a type of bank account which generates interest deposits at bank or any other financial institution.

Although these accounts pay very little interest, their dependability and security make them a perfect choice for saving money for unexpected expenses.

Savings accounts are excellent for creating an emergency fund, saving for an immediate necessity, such as a car or vacation, or just putting extra money you don't need into your checking account so it can earn more interest.

Savings accounts offer amazing flexibility. The frequency of withdrawals from a savings account is subject to various restrictions, but overall, they offer excellent flexibility.

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As per the Hofstede studies, societies that score low on uncertainty avoidance have managers who are entrepreneurial and take risks.

Hofstede's studies refer to a series of cross-cultural research conducted by Dutch social psychologist Geert Hofstede in the 1960s and 1970s, which aimed to identify and measure cultural differences across countries and regions around the world.

Hofstede's research has been influential in the field of cross-cultural management and has provided insights into how culture impacts various aspects of society, including organizations, business practices, communication styles, and societal norms.

It's important to note that cultures are complex and dynamic, and individuals within a culture may exhibit varying degrees of alignment with these dimensions. Cultural dimensions are not definitive, and it's crucial to approach cross-cultural understanding with sensitivity, open-mindedness, and context-awareness.

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Cash $1200 is credited against the $1200 service revenue debit. This journal entry reflects the rise in service revenue and cash as a consequence of Jones Repair Services being paid for the services they provided.

The following would be the journal entry to reflect the cash payment received by Jones Repair Services on March 1 for service revenue: Debit: $1,200 in cash

Credit: $1,200 in service revenue

This journal entry reflects the growth in the company's cash assets as well as the acknowledgment of service revenue. While the credit to service revenue indicates the acknowledgment of money generated, the debit to cash shows the company's rise in cash holdings. This transaction should be recorded since it demonstrates the cash inflow and the recognition of generated revenue, both of which are crucial for financial reporting and analysis.

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     Organizational politics can have both positive and negative effects on leaders. Organizational politics refers to the use of power and influence to achieve individual goals and interests in an organization.

          Organizational politics can help leaders by providing them with the opportunity to gain access to important information and resources, build strong relationships with key stakeholders, and influence important decisions that affect their departments or teams.

  In this sense, organizational politics can help leaders achieve their goals and advance their careers.

     On the other hand, organizational politics can also hurt leaders by creating a toxic work environment, where individuals engage in negative behaviors such as gossiping, backstabbing, and spreading rumors. These negative behaviors can lead to mistrust, conflict, and a lack of collaboration among team members, which can have a negative impact on productivity and performance.

      Additionally, organizational politics can hinder the decision-making process and make it difficult for leaders to implement change. In some cases, leaders may be pressured to make decisions that align with the interests of powerful stakeholders, rather than what is best for the organization as a whole. This can lead to suboptimal outcomes and create a perception that leaders are not acting in the best interest of the organization.

        In summary, organizational politics can help and hurt leaders in different ways. While it can provide opportunities for career advancement and resource access, it can also create a negative work environment and hinder decision-making processes. Leaders should be aware of the political landscape within their organization and take steps to manage it effectively to achieve their goals.

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a. The number of students surveyed was 1,000.

b. 1,300 students drank alcohol regularly or smoked cigarettes.

c. 75 students used illegal drugs only.

d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.

e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.

f. 193 students engaged in exactly two of these behaviors.

g. 997 students engaged in at least one of these behaviors.

According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.

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Walmart  scale its blockchain science in its operations as this will assist them trace their products in case of recall due to contaminated product and cast off it quickly from the shelves.

By setting a supply chain on the Blockchain, it lets in making the technique extra transparent and traceable. Each node on the Blockchain represents an entity that has handled the food on the way to the store, making it a lot less difficult and quicker to see if one of the farms has offered an infected batch to a precise location.

The unique intention of the initiative used to be to do away with disputes and wasted resources. But the blockchain solution has also supplied Walmart and its grant chain partners with insights that have led to main operational improvements.

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It can be deduced that the term that refers to the largest rate of use of a resource is the maximum sustainable yield.

It should be noted that the maximum sustainable yield is the highest possible annual catch which can be sustained over time.

Maximum sustainable yield is the largest rate of use of a resource that will not impair its ability to be renewed.

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The D) capabilities. A firm's marketing skills and teamwork, as well as its cooperation among managers, are examples of the capabilities of the organization.

Capabilities refer to the firm's ability to perform tasks and activities that enable it to create value and compete effectively in the market. It includes a wide range of factors such as human resources, technology, organizational structure, culture, and leadership. In this context, marketing skills and teamwork, and cooperation among managers are considered as intangible capabilities that help the firm to achieve its goals and objectives. These capabilities are not physical resources that the firm owns but rather a set of skills and knowledge that are developed and nurtured over time. Therefore, the correct answer to the question is D) capabilities.

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All of the given options about CITI significant financial interest are correct, therefore, option f) All of the above is correct answer.

Remuneration does not include Reimbursement from MIT (including salary and royalties), Reimbursement paid to an Investigator's Family by any entity that does not reasonably appear to be related to the Investigator's Institutional Responsibilities, Reimbursement from authorship of academic or scholarly works, regardless of the source, and Compensation from conferences, talks, or teaching assignments supported by U.S. advisory committees or review panels. agency of the federal, state, or local governments. Royalties, salaries, or other payments made to the Investigator by the Institution when the Investigator was an employee or another representative of the Institution do not qualify as "substantial financial interests" under this definition.

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Question

CITI significant financial interest (SFI) does not include:  a) Remuneration from MIT. (including salary and royalty payments)

b) Remuneration paid to an Investigator’s Family by any entity what would not reasonably appear to be related to the Investigator’s Institutional Responsibilities.

c) Remuneration from authorship of academic or scholarly works, regardless of the source.

d) Remuneration from seminars, lectures, or teaching engagements sponsored by, or from advisory committees or review panels for, U.S. Federal, state, or local governmental agencies; U.S. institutes of higher education. U.S. research institutes affiliated with institutes of higher education, academic teaching hospitals, and medical centers.

e) Equity Interests in or income from investment vehicles, such as mutual funds and retirement accounts, so long as the Investigator does not directly control the investment decisions for these vehicles.

f) All of the above.

In order to determine the number of workers necessary to staff the new production facilities, the company needs to conduct a workforce demand forecast.

A workforce demand forecast is an assessment of the expected labor needs based on the projected demand for the product. It involves analyzing various factors such as market research, sales forecasts, and the product's expected growth trajectory.

The forecast takes into account the expected increase in demand over time as the product becomes more familiar to worldwide consumers.

By conducting a workforce demand forecast, the company can estimate the number of workers required to meet the production needs and ensure that they have the appropriate staffing levels to support the growth of the new product.

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Answer:

The non-income factor for a potential job which would influence a person who needs to be  available to drive children to and from school and activities is:

O Independence.

Explanation:

Independence, obtained through as a self-employed person or as an independent contractor, enables the worker to be available to drive her children to and from school and their various school-related activities.  The working hours of a self-employed person or an independent contractor are largely self-determined.  She can also choose appropriate location for her business office.

It should be noted that the non-income factor that can influence potential job which will in turn influence a person who needs to be available to drive children to and from school and activities is Independence.

Non-income factors can be regarded as factors that has influence on individual careers as well as the lifestyle.

Therefore, for individuals that want to be drive children to and from school and activities everyday, needs independence.

We can conclude that he needs independence because he will have enough time to cater for those children.

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Threats can access personal or organisational assets when there is a vulnerability.

Vulnerability is the incapacity to fend off threats or respond after a disaster has occurred. vulnerability after a catastrophe has occurred. For example, residents of farmlands are more likely to experience flash floods than residents of higher elevations.

The various types of vulnerability that can be categorised based on the various types of losses include physical  vulnerability, economic vulnerability, social vulnerability, and environmental vulnerability.

"Vulnerability is the state or quality of being open to the possibility of attack or harm, whether it be psychological or physical.

The following are some examples of vulnerability:

vulnerability in a firewall that enables malicious hackers to access a computer network.

There are no security cameras here.

unlocked doors to businesses.

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Given that a new home in Queensland with a floor area of 15 x 15 m2 is to be built, the recommended R-value for roof insulation in Queensland is between 3.0 and 5.0.

If the new home is to be insulated with batts, then to calculate the thickness of the batts required for insulation, we can use the formula:R-value = Thickness (in meters) / Thermal conductivity of material (in W/m.K)We know the R-value required is between 3.0 and 5.0, therefore we can take an average value of R-value to be 4.0.

Let the thickness of batts be represented as 't'.Also, for batts, the thermal conductivity of the material (k) is typically around 0.04 W/m.K Substituting the values in the above formula, we get:4.0 = t / 0.04 Solving for 't', we get:t = 4.0 * 0.04t = 0.16 meters Therefore, the thickness of the batts required for insulation is 0.16 meters.

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Answer:

409.50

Explanation:

Answer: 18%

Explanation:

Assume sales is $100.

Profit is 15% of sales so profit is:

= 15% * 100

= $15

Cost is 50%:

= 50% * 100

= $50

If costs were reduced to 47%, it would become:

= 47% * 100

= $47

This means that $3 has been freed up.

This $3 will go to the profit because the other costs are not dependent on production and so are considered fixed.

With $3 going to profit, the profit becomes:

= 3 + 15

= $18

Profit percentage:

= 18 / 100

= 18%

The variations of the economy between times of expansion (growth) and contraction are referred to as the "business cycle" (recession). The present stage of the business cycle can be determined using variables like gross domestic product (GDP), rate of interest, employment levels, and consumer expenditure.

What is business cycle:

Business cycles are one type of variation that can occur in a nation's total economic activity. Broad-based economic growth expansions that almost coincide with one another are followed by broad-based economic activity contractions to form a business cycle (recessions). This set of changes happens periodically but not repeatedly.

During business cycles, economic activity experiences periods of expansion and then decline. Both the general welfare of society and the welfare of private institutions are affected by these changes.

The repeated economic shifts that occur in a nation over time are referred to as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators. The business cycle has four distinct phases: expansion, peak, recession, and trough.

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Answer:

The bottling company will probably succeed in recovering consequential damages because the original contract didn't include the seller's acknowledgement form. It was sent after the contract had been formed, and therefore, they cannot change the original contract unless the other party accepts that change. E.g. if you buy a car, the seller of the car cannot notify you one week after you purchased the car telling you that the car probably had a defect but they wouldn't responsible for it.

If a bank receiving a new deposit of $200,000 and lends $120,000, the reserve requirement is 40% (third option).

When a person deposits money in a bank, part of the money is lent out and the other part is kept as reserves. The amount kept as reserves id dependent on the reserve requirement.

The reserve requirement is the percentage of deposits that is kept as reserves with the Central Bank.

Reserve requirement = (reserves / deposit) x 100

Reserves = amount deposited - amount that is lent out

Reserves = $200,000 - $120,000 = $80,000

Reserve requirement = ($80,000 / $200,000) x 100 = 40%

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Based on the constant dividend payout ratio, the sustainable growth rate can be found to be 13.3%

First, find the Return on Equity:

= Net income / Equity

= 3,160 / 15,400

= 20.519%

The Sustainable growth rate is:

= Return on Equity x (1 - dividend payout ratio)

Solving gives:

= 20.519% x (1 - 35%)

= 13.3%

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Explanation:

SUB-TOTAL:

The total for a part of a list of numbers being summed.

TOTAL:

An amount obtained by addition of smaller amounts.

Answer:

subtotal is all the different parts being added together from different list.

total is the all items being added together plus tax.

Explanation:

Answer:

The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.

Explanation:

Hope this helps

Answer:

The $250 will come directly off of the amount of taxes the teachers owe

Explanation:

that's what the answer would be in real life scenario

Microeconomics looks at the economic behavior of individual people and organizations in specific markets.

What is microeconomics?

The social science of microeconomics examines the effects of incentives and choices, particularly how they affect the allocation and use of resources. Microeconomics is a branch of classical economics that studies how individuals and organizations behave and interact while selecting how to allocate scarce resources. It is the study of resource allocation and usage decisions made by people and businesses. According to microeconomic theory, markets reach equilibrium when the supply of products balances the demand.

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