7.which term describes sampling performed on goods that already exists to determine what percentage of products conform to specifications

Answers

Answer 1

The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is acceptance sampling. Hence, the correct option is (A).

What is Acceptance Sampling?

Acceptance sampling is one of the activities carried out in manufacturing companies and aims to carry out quality control. This acceptance sampling uses statistical measurements and the results of this acceptance sampling will determine what percentage of products conform to specifications. Acceptance sampling itself is carried out by companies to save costs because a company cannot possibly test the quality of each product one by one.

The question is incomplete, but most probably your question was:

The term that refers to sampling performed on goods that already exist to determine what percentage of products conform to specifications is 

A. Acceptance sampling

B. Statistic sampling

C. Continuous sampling

Hence, the correct option is (A).

Learn more about acceptance sampling at https://brainly.com/question/7032011

#SPJ4


Related Questions

the securities that were created by financial institutions that consisted of all different kinds of mortgages bundled together to diversify risk are known as

Answers

Mortgage-backed securities are the securities that were created by financial institutions that consisted of all different kinds of mortgages bundled together to diversify risk.

What is are Mortgage-backed securities?

A mortgage-backed securities refers to an investment products similar to bonds. They consists of bundle of home loans and other real estate debt bought from the banks that issued them. The investors in this securities receive periodic payments similar to bond coupon payments.

An investor who buys mortgage-backed security is essentially lending money to home buyers. The security can be bought and sold through a broker. The minimum investment varies between issuers.

Read more about Mortgage

brainly.com/question/1318711

#SPJ1

last year walter paid $25,000 for supplies and had revenue of $60,000. walter asked tyler the accountant and greg the economist to calculate his painting business's costs. a. tyler says his costs are $25,000, and greg says his costs are $65,000. b. tyler says his costs are $25,900, and greg says his costs are $66,500. c. tyler says his costs are $66,500, and greg says his costs are $66,500. d. tyler says his costs are $75,000, and greg says his costs are $41,500.

Answers

Option (a), Greg claims his costs are $66,500, whereas Tyler claims his charges are $25,900.

What distinguishes accounting costs from financial costs?

Economic costs frequently outweigh accounting costs because they cover all prospective costs while accounting costs only include explicit costs. As a result, economic costs are generally higher.

Accounting charges serve as a representation of whatever expenditure your organization has made. Your accounting cost can be obtained by subtracting your expenses from your revenue. Economic expenses are a representation of any "what-if" circumstances for your business. You can determine economic costs by deducting implicit expenses from your accounting cost.

AS PER TYLER COST -

Tyler, the accountant, claims that Walter's accounting costs will include the costs incurred by the painting business, including the costs of the goods he purchased and the interest he paid to his uncle.

Accounting cost = $25,000 + $30,000 * 3%

                          = $25,000 + $900

                          = $25,900

AS PER GREG, COST -

Greg (an economist) asserts that both the explicit cost and the implicit cost will be included in Walter's economic cost. The opportunity cost, which includes the interest Walter could have made on his savings account and the compensation he would have received as a teacher, is included in the implicit cost, which is $25,900.

Economic cost = $25,900 + $40,000 + $20,000 * 3%

                        = $25,900 + $40,000 + $600

                        = $66,500

Learn more about Economic cost: https://brainly.com/question/12982379

#SPJ4

TRUE/FALSE. with a discount bond, the return on a bond is equal to the rate of capital gain.

Answers

Answer:

True

Explanation:

Due to the lack of coupons in discount bonds, their returns are based only on capital gains. Because there are no coupon payments, discount bonds' current yield is always 0. They are bought for less than their face value, which is paid when they mature.

you spend $400 on new books for your courses this semester. in which component of aggregate expenditure is this expenditure included?

Answers

you spend $400 on new books for your courses this semester. in which component of aggregate expenditure is this expenditure included consumption.

In order to pay for a good, service, or other sort of cost, an expense necessitates the movement of money or wealth in general from one person or organization to another. For a tenant, rent is an expense. Parents and students must pay for tuition. Buying anything, whether it be furniture, a car, food, clothing, or anything else, is commonly referred to as a cost. An expense is a cost that is "paid" or "remitted," typically in exchange for something of worth. Something that appears to be exceedingly expensive is "expensive." Something that appears to be inexpensive is referred to as "inexpensive." "Expenses of the table" include prices related to consuming food, beverages, hosting a feast, etc.

learn more about expenditure here

https://brainly.com/question/22636973

#SPJ4

which situation is not a way to perform an internal search for information when deciding where to go get lunch?

Answers

Going to a new area of town and looking around is not an ideal way to perform an internal search for information when deciding where to go get lunch. Therefore, the option C holds true.

An internal search can be referred to or considered as a search wherein the factors related to the surroundings of an environment or an organization are taken into consideration. In addition to that, an internal search does not involve the external factors in the achievement of the desired results to come or show up.

Learn more about an internal search here:

https://brainly.com/question/15518364

#SPJ4

Complete question

Which of the following is NOT a way to perform an internal search for information when deciding where to go get lunch?

- you remember a coworker's great comments about the sushi bar down the street

- you decide not to go to the burger joint since it cooks your meal wrong every time

- you go to a new area of town and look around

- you are in the mood for BBQ and decided to go to your favorite restaurant

Joe can read 7 page of hi book in 5 minute. At thi rate, how long will it take him to read the entire 275-page book?

Answers

Joe will need about 196.43 minutes minutes to read the entire 275-page book.

We can use the formula rate = distance/time to calculate this. The distance is the number of pages in this case, and the time is the amount of time it takes to read those pages.

We know Joe can read 7 pages in 5 minutes, so we can use these values to calculate how long it will take him to read 275 pages: rate = 275 pages / time.

We get time = 275 pages / 7 pages per 5 minutes when we solve for time.

275/7=39.286

pages per 5 minutes= 39.286 *5=196.43 minutes

Converting the time from minutes to hours, we get that it will take Joe

1 hour = 60 minutes

= 196.43/60

=3 hours 16 minutes

Read more about this on

https://brainly.com/question/13030473

#SPJ4

FILL IN THE BLANK. a _________ value in xn can pose a problem for an economy over the longer term.

Answers

A high value of the exchange rate in xn can be a problem for the economy in the long run. A high exchange rate makes imports cheaper, leading to a decline in domestic production as imports become more attractive to consumers.

This can lead to increased unemployment and reduced economic growth. In addition, a high exchange rate can make exports more expensive, leading to a decrease in demand for domestic goods and services in foreign markets. This can further reduce economic growth, which will reduce the overall health of the economy. To maintain a healthy economy, it is important to ensure that exchange rates remain at a reasonable level.

To know more about economy click here

https://brainly.com/question/2421251

#SPJ4

expansionary monetary policy does not increase: consumption spending. aggregate demand. gdp and the price level. interest rates.

Answers

The initial aggregate demand curve (AD0) will be restored as a result of an expansionary monetary policy, which will also lower interest rates and encourage investment and consumer expenditure.

Here is how the economy is affected by an expansionary monetary policy: Lower interest rates make borrowing money more affordable, which encourages people to spend more on products and services and businesses to invest in new machinery. A central bank's purchase of Treasury securities, a reduction in the interest rate on bank loans, or a relaxation of the reserve requirement are all examples of expansionary monetary policy. These activities all result in more money supply and lower interest rates. By lowering interest rates and causing aggregate demand to move from AD0 to AD1, expansionary monetary policy will create a new equilibrium (Ep) at the potential GDP level of production.

To learn more about monetary policy, please click on below link

https://brainly.com/question/29694955

#SPJ4

what is the recommended communications procedure for landing at wiley post during the hours when the tower is not in operation?

Answers

Keep an eye on the traffic at the airport and broadcast your location and intents on 126.9 MHz.

What does the term "communications" mean?

Receiving and sending messages through both verbal and non-verbal means is the process of communication. The goal of communication is to create understanding between two or more people by sharing information in the shape of thoughts, views, and ideas in a two-way fashion.

Why is communication so crucial?

In ordinary routine, communication allows us to establish connections with others, express our needs and experiences, and deepen our friendships. It allows us the possibility to share knowledge, voice our opinions, and feel our feelings. All of us must communicate.

To know more about communications visit:

https://brainly.com/question/29100488

#SPJ4

dream ice cream company paid $500,000 in salaries last year along with $25,000 in income tax. how would you best classify these expenses if you were preparing its cash flow statement?

Answers

The payment of salaries of $500,000 and $25,000 in income tax last year by Dream Ice Cream Company would be classified as operating activities in preparing the company's cash flow statement.

What is the cash flow statement?

The cash flow statement or statement of cash flows is one of the basic financial statements, including the income statement and the balance sheet.

The cash flow statement summarizes the cash inflows and outflows, reflecting changes in the balance sheet accounts and the income statement.

In preparing the cash flow statement, there are three main categories: operating activities, financing activities, and investing activities.

Thus, the operating activities section details cash movements with regard to the company's core activities of producing, marketing, and distributing goods and services to customers.

Learn about the operating activities section of the cash flow statement at https://brainly.com/question/28479430

#SPJ1

what are the advantages and risks of opening up your retail platform to third parties? what do you think amazon will look like ten years from now?

Answers

The advantages of selling third party products on your store is that it is easy to setup and start and it requires Minimal investment, maximum output  and it involves Huge income and networking potential. The disadvantages of selling third party products is that there is irregularity and uncertain payments and there is lack of control and inclusiveness.

The Amazon division makes the business expected to have double-digit growth.

The advantages of selling third party products on your store

1: Easy to setup and start

2: Minimal investment, maximum output

3: Huge income and networking potential

4: Flexible choice of transactions

5: Exponential growth opportunities

The disadvantages of selling third party products

1: Irregular and uncertain payments

2: Lack of control and inclusiveness

3: Finding right partners is tough

4: Demands intensive involvement

5: Direct effect on brand image

Amazon is not suggesting that it will lose its power anytime soon. Moreover, despite the slower growth over time, its AWS division makes the business expected to have double-digit growth for at least the next seven years.

This also points to AWS being more important to the company than it is now. Retail has long been a competitive, low-income market. This could mean that success in retail only translates into more success for Amazon stock. The cloud must remain competitive. However, with double-digit growth predicted for that market, AWS should see even greater profits.

For more such questions on Retail Platform:

https://brainly.com/question/24270341

#SPJ4

explain how a business with which you are familiar has exploited its sponsorship.

Answers

According to NASCAR, many sponsors fail to take use of the race's target audience to the most extent possible. There may be many tiers of event sponsorship, each of which offers varying degrees of exposure or value.

A business sponsorship is support for an event or activity from a company, typically in the form of a monetary donation to a local sports team, trade fair, charitable organization, or club. Sponsorships are a marketing strategy used by businesses to acquire a competitive edge and accomplish commercial objectives. Sponsorships enhance a brand's awareness and reputation since they support certain events that your target audience cares about, in contrast to advertising, which delivers specific messages about a company or product in the goal of increasing sales. As a consequence, potential clients link your business to the occasion or activity.

https://brainly.com/question/15217613

learn more about sponsorship here:

#SPJ4

Answer:

To make sure that after paying sponsorship fees, there is money left over to make people aware of the company's investment.

Explanation:

a bank customer stops by her bank's atm to withdraw money from her checking account. in this case, who is the primary business actor?

Answers

In the case a bank customer stops by her bank's ATM to withdraw money from her checking account, the primary system actor is the bank customer. The correct answer is option C.

What is the primary system actor?

The primary actor of a use case is the stakeholder who calls on the system to deliver one of its services. It has a goal with respect to the system, the one who can be satisfied by its operation. The primary actor is usually, but not always, the actor who triggers the use case.

So, in the given case, the primary actor is the bank customer, because she is the one who can be satisfied by the system.

An actor can be primary or secondary. Primary actors are those who initiate use cases and interact with the system. They are usually placed on the left side of the system. On the other hand, secondary actors are used by the system but they do not interact with the system on their own.

Although part of your question is missing, you might be referring to this full question: A bank customer stops by her bank's ATM to withdraw money from her checking account. In this case, who is the primary system actor?

A) the bank teller

B) the bank

C) the bank customer

D) the money withdrawal authorization company

E) none of the above

Learn more about primary actor at: https://brainly.com/question/29306918

#SPJ4

item 4 naomi plans on saving $3,000 a year and expects to earn an annual interest rate of 10.25%. how much will she have in her account at the end of 45 years? multiple choice

Answers

Naomi plans on saving $3,000 a year and expects to earn an annual interest rate of 10.25%. 233,3571.66 will she have in her account at the end of 45 years.

When interest rates compound once a year, the annual rate of return is known as the effective annual rate. The annual percentage rate must be converted to the effective annual rate if the actual compounding frequency differs. The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.

The future value of an annuity with monthly payment M for T periods, given periodic return r, can be calculated using the following formula: M((1+r)^T−1)/r. Using the formula, the account's worth after 45 years is calculated as follows:  3,000((1+10.25%)^45−1)/10.25%=233,3571.66.

To learn more about Interest rates visit: https://brainly.com/question/15089941

#SPJ4

if government regulators set price such that a natural monopolist earns only normal profits, price will be set equal to

Answers

If government regulators set price such that a natural monopolist earns only normal profits, price will be set equal to average total cost.

What is Average Total Cost

Average total cost or average total cost is the cost per unit of the number of products made. This information is integral to making any decisions regarding product pricing. Products must be priced above the average total cost for the company to be profitable.

Average total cost includes fixed costs and variable costs. Fixed costs are costs that are necessary for production but do not change based on the number of products a company produces.

The formula for calculating average total cost is:

(Total fixed costs + total variable costs) / number of units produced = average total cost

How to Calculate Average Total Cost

Average total cost is calculated by dividing the total cost of production by the number of units produced. Follow these five steps to calculate average total cost:

1. Identify fixed costs

First, using your profit and loss account, identify your total fixed costs. This can include things like rent, equipment costs, insurance, wages and utilities.

2. Determine variable costs

Next, identify all of your variable costs. These can be things like the cost of raw materials, direct labor, sales commissions and shipping or delivery costs.

3. Calculate the total cost of production

Next, you will calculate the total cost of production by adding up the total fixed costs and variable costs. This is represented in the equation as:

(Total fixed costs + total variable costs)

4. Determine the number of units

Next, you need to determine the number of units that have been produced.

5. Calculate the average total cost

Finally, you will determine average total cost by dividing total manufacturing costs (the amount you identified in step three) by the number of units your company produces (the amount you determined in step four).

Learn more about average total cost at https://brainly.com/question/15071280.

#SPJ4

what defines the requirements for a service and takes responsibility for the outcomes of service consumption?

Answers

A customer is a person who defines the requirements for a service and takes responsibility for the outcomes of service consumption.

What is a service relationship?

A service relationship is the working arrangement between a service provider and a service user. Service partnerships are established between two or more businesses in order to cooperatively develop value. An organization may take on the roles of both a provider and a consumer, depending on the situation. The service relationship model serves as an illustration of the dynamic interaction between service providers and customers. By acquiring services and using them to provide services to another consumer, a company's function could transition from one of a consumer to one of a supplier. For instance, a call center may purchase internet services from a supplier and use such services to provide customer relationship management services to its customers.

To know more about Service consumption visit:                   brainly.com/question/22636973    

#SPJ4

in international buying, the type of entity that normally assists in locating suppliers and handling documentation is a(n):

Answers

In international buying, the type of entity that normally assists in locating suppliers and handling documentation is an import broker.

An import broker is a professional who specializes in the import and export of goods. They typically handle all aspects of the trade, from the initial paperwork to the shipment and delivery of the goods. Import brokers are sometimes referred to as "customs brokers" due to the fact that they are most commonly involved in dealing with customs regulations.

Import brokers help to ensure that the importation and exportation of goods are conducted in accordance with all applicable customs regulations. They work closely with the importing party to ensure that all the necessary documentation is in place and that the shipment is properly declared. They may also assist in finding the most economical way to transport the goods, as well as negotiating any applicable duties or taxes owed.

Import brokers are also responsible for ensuring that all paperwork is filed correctly and in a timely manner. This includes submitting any necessary declarations, such as customs forms, as well as ensuring that any applicable taxes or duties have been paid. Additionally, they will help to manage the shipment of the goods, ensuring that they arrive at the intended destination in a timely manner and that they are properly insured during transit.

To learn more about brokers visit here:

brainly.com/question/28171956

#SPJ4

two common areas of accounting that respectively provide information to internal and external users are

Answers

Managerial accounting and financial accounting are two popular branches of accounting that offer data to internal and external consumers, respectively.

These financial reports give tax authorities, investors, and creditors information about how a firm performed. Financial accounting is divided into two categories: accrual accounting and cash accounting. Financial accounting is the practice of providing information to users, including creditors, consumers, investors, and the government. For people outside of the business who require information to make decisions, supply timely and appropriate information. form of financial accounting report made available to individuals outside the company. Managers and other staff who work internally are among the users of financial data who validate prior outcomes and aid in making modifications for upcoming actions. External users are those outside the corporation who make choices or assess an entity's performance using financial information.

To learn more about Managerial accounting click the link below:

brainly.com/question/14570679

#SPJ4

The series of enzymatic steps that fixes carbon dioxide into carbohydrate is called the ______.
A. Pentose phosphate pathway
B. Embden-Meyerhoff pathway
C. Calvin cycle
D. Entner-Doudoroff pathway

Answers

The series of enzymatic steps that fixes carbon dioxide into carbohydrate is called the Calvin-Benson cycle.

Carbon dioxide (chemical method CO2) is a chemical compound made from molecules that every have one carbon atom covalently bonded to 2 oxygen atoms. It is discovered with inside the gaseous nation at room temperature.

In the atmosphere, carbon dioxide is obvious to seen mild however absorbs infrared radiation, performing as a greenhouse gas. The burning of fossil fuels is the principle reason of the growth in CO2 ranges and additionally the principle reason of weather change. Carbon dioxide is soluble in water and is discovered in groundwater, lakes, ice caps, and seawater.

Hence the correct option is C

To know more about Carbon Dioxide here-

https://brainly.com/question/1923482

#SPJ4

if a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is

Answers

It will be able to cut the cost of its goods by utilising economies of scale. When a monopolistically competitive firm produces 50 units of product at a marginal cost of $1.674 per unit and a marginal revenue of $2,000 per unit, the average profit is $326.

By examining the marginal revenue and marginal costs of producing an additional unit, a monopolist can estimate its profit-maximizing price and quantity. When the marginal revenue is higher than the marginal cost, the company should produce an additional unit. When marginal revenue (MR) and marginal cost (MC), as seen in the graph above, are equal, MR=MC, the level of output that maximises profit is reached. For a monopoly, the demand curve will be the average revenue curve (AR=D), as there is only one company that has complete market power.

To learn more about monopolistically please click on below link

https://brainly.com/question/14286565

#SPJ4

The deadweight loss that arises from u monopoly is a consequence of the fact that the monopoly a. price equals marginal revenue. b. price is the same as average revenue
c. quantity is lower than the socially optimal quantity d. All the above are correct

Answers

The deadweight loss that arises from monopoly is a consequence of the fact that the monopoly c. quantity is lower than the socially optimal quantity.

A deadweight loss results from a market that is inefficient due to supply and demand being out of equilibrium. Deadweight losses are generally caused by an ineffective distribution of resources, which is brought about by a variety of interventions, including price ceilings, floors, monopolies, and levies.

What is deadweight loss?

Deadweight losses are expenses incurred by society as a result of market inefficiency, which happens when supply and demand are not balanced. Deadweight loss refers to any deficit brought on by an ineffective resource allocation and is primarily utilized in economics.

To learn more about deadweight loss refer here:

https://brainly.com/question/13719669#

#SPJ4

f hailey, inc., has an equity multiplier of 1.56, total asset turnover of 1.7, and a profit margin of 6.6 percent, what is its roe?

Answers

The return on equity (ROE) is calculated by multiplying the equity multiplier (1.56) by the total asset turnover (1.7) by the profit margin (6.6%).

So, ROE will be,

ROE = 1.56 x 1.7 x 6.6% = 17.44%

To calculate a company's return on equity (ROE), you need to know its equity multiplier, total asset turnover, and profit margin. The equity multiplier is a measure of how much a company is leveraging its equity to finance its assets. The total asset turnover is a measure of how efficiently a company is using its assets to generate sales. And the profit margin is a measure of how much profit the company is generating for each dollar of sales.

Learn more about Return on Investments (ROE) here:

https://brainly.com/question/13442889

#SPJ4

the cost of purchasing 100 trees and processing them up to the splitoff point to yield 70,000 sheets of paper and 70,000 pencil casings is $10,000 (joint costs). y's accounting department reported no beginning inventories and an ending inventory of 2,000 sheets of paper. what is the sales value at the splitoff point for paper and the pencil casing?

Answers

According to the expenses, the sales value at the split off point for paper and the pencil casing is $1,428

The term expenses in economics refers a cost that businesses incur in running their operations

Here we have given that the cost of purchasing 100 trees and processing them up to the split off point to yield 70,000 sheets of paper and 70,000 pencil casings is $10,000.

Now, we have to find the the sales value at the split off point for paper and the pencil casing.

While we looking into the given question we have identified that,

Number trees = 100

Number of sheets = 70,000

Number of Pencil casing = 70,000

Cost = $10,000

Here we have to find the number of products invented by one tree, by dividing them, then we get,

=> (70000+70000)/100

=> 140000/100

=> 1400

In this one, 700 sheets and 700 pencil cases.

Then the cost spend by these is calculated as,

=> 10000/1400

=> 7.14

Then the sales value is calculated as,

=>  2,000 sheets of paper x 7.14

=> 1428.

To know more about Sales here.

https://brainly.com/question/17233316

#SPJ4

disputes concerning business contracts, divorce, family matters, and personal injury involve what kind of law

Answers

Disputes concerning business contracts, divorce, family matters, and personal injury involve civil law.

Civil law systems also called continental or Romano-Germanic legal systems, are found on all continents and cover about 60% of the world. They are founded on concepts, categories, and rules derived from Roman law, with some impact of canon law, sometimes largely supplemented or modified by local custom or culture. Civil law is a comprehensive system of rules and principles usually organized in codes and easily accessible to citizens and jurists.

The civil law tradition, though secularized over the centuries and putting more focus on individual freedom, promotes cooperation between human beings.

Learn more about civil law here:

https://brainly.com/question/23043147

#SPJ4

6)work teams emphasize shared leadership, mutual accountability, and collective work products. true false

Answers

When team members take responsibility for the work, mutual accountability is developed.This implies that everyone on the team accepts accountability for the project's success or failure. The correct option is True.

Work groups have objectives that include information sharing, individual accountability for actions, members with a variety of talents and a neutral synergy.The objectives of work teams include members' collective performance, positive teamwork, members' individual and shared responsibility, and members' complementary skill sets.

The definition of transactional leadership is any style of leadership that places an emphasis on the function of the company, supervision, or even group performance. These types of leaders employ rewards and penalties to inspire their subordinates while concentrating primarily on the special objectives.

To know more about Mutual accountability visit:

https://brainly.com/question/15582040

#SPJ4

even if the markets are efficient, professional portfolio management is still important because it provides investors with:

Answers

Option B is correct, Even if the markets are efficient, professional portfolio management is still important because it provides investors with Low-cost diversification and a portfolio with a specified risk level.

In finance, diversification is the procedure of allocating capital in a way that reduces the exposure to any individual-specific asset or danger. A commonplace course closer to diversification is to reduce risk or volatility by making an investment in an expansion of the property. If asset prices do now not change in the best synchrony, an assorted portfolio will have less variance than the weighted average variance of its constituent belongings, and regularly less volatility than the least unstable of its parts.

Diversification is one of the two widespread strategies for reducing investment risk. the alternative is hedging.

Diversification has no most so long as greater belongings are available. each similarly weighted, uncorrelated asset introduced to a portfolio can add to that portfolio's measured diversification. when belongings aren't uniformly uncorrelated, a weighting method that puts assets in percentage to their relative correlation can maximize the to-be-had diversification.

To learn more about Diversification visit here:

brainly.com/question/13540082

#SPJ4

Complete question: -

Even if the markets are efficient, professional portfolio management is still important because it provides investors with:

I. Low-cost diversification

II. A portfolio with a specified risk level

III. Better risk-adjusted returns than an index

A. I only

B. I and II only

C. II and III only

D. I, II, and III  

it took samantha 6 years to double the money in her account. what interest rate was samantha receiving on her account?

Answers

Answer:

2x

Explanation:

the credit purchase of a new oven for $5,500 was posted to kitchen equipment as a $5,500 debit and to accounts payable as a $5,500 debit. what effect would this error have on the trial balance?

Answers

The $5,500 credit purchase of a new oven was recorded as a $5,500 negative on Kitchen Equipment and a $5,500 debit on Accounts Payable.

How will this mistake affect the trial balance? The trial balance's total Debit column will be $11,000 more than its total Credit column.

A company will debit its purchasing account after making a credit purchase, which will raise the value of the company's assets. Additionally, the company will credit the accounts payable account, which will raise the company's obligations. The purchase account will be debited when the products are purchased from the seller on credit, increasing the inventory when goods are acquired from a third party. when the products are bought.

To learn more about purchase please click on below link

https://brainly.com/question/24112214

#SPJ4

when there is an alarm in a continuous audit, but it is associated with a normal event, we would call that a:

Answers

There is an alarm in a continuous audit, but it is associated with a normal event, we would call that a False positive.

Substantive testing is referred to as the segment of an audit in which the auditor gathers samples to become aware of any cloth misstatements withinside the client's accounting facts or different information. This evidence is needed to guide the judgment that a company's economic facts are complete, relevant, and accurate.

One of the maximum outstanding flat report examples is a comma-separated values (CSV) report. A CSV report is one wherein desk information is accrued in strains of American Standard Code for Information Interchange (ASCII) textual content with the fee from every desk Mobil Eular separated via way of means of a comma and every row represented via way of means of a brand new line.

Completeness. This assertion attests to the reality that the economic statements are thorough and consist of each object that ought to be protected withinside the assertion for a given accounting period.

Learn more about audit here:

https://brainly.com/question/20713734

#SPJ4

which information would be enough to determine a firm’s profit, given that q = 10,000 units? price, total cost price, total revenue price, variable cost price, fixed cost, marginal cost for Q 10,000

Answers

To determine profits when quantity is given, then total cost and price are necessary:

The correct answer is: Price and total cost.

Since the quantity sold is given then using the price of the good, the total revenue of the firm can be estimated. Total revenue is calculated by multiplying the price of the good by the quantity sold. Profit is calculated by subtracting total costs from the total revenue.

Profit = Total revenue - Total cost

Therefore, to determine profits both total revenue and total costs of the goods are required. Since quantity is already given, therefore, price and total cost are required.

To know more about profits, refer to:

https://brainly.com/question/20464918

#SPJ4

Other Questions
Hooe the correct anwer to the following quetion. A tu amigo le gutan la fieta?No, no le gutan la fieta. No, no le guta la fieta. S, le gutan la fieta. S, le guta la fieta why do we not see cognitive declines in older adulthood that might be expected because of the brain volume shrinkage that occurs in aging The midpoint of AB is M(-5, 1). If the coordinates of A are (-4,-5), what arethe coordinates of B? under the sherman act competitors are permitted to agree not to deal with certain buyers. group of answer choices false true Which one of the following is the basic objective of monetary policy?a. to control deficit of the budgetb. to control deficit in the balance of paymentc. to control cost and availability of moneyd. to control public expenditure Find the area enclosed by the curve x 3t, y t and the y-axis. Step 1 The curve x = t2-3t, y = Vt intersects the y-axis when x = 0, which occurs when t = 0 and 3 3 H 3 ' the threads of a screw used to fasten two pieces of wood are pitched at an angle. how does this increase the static friction force? correct this mistake. (pongo la ensalada en el vasco?) The average arrival rate of the customer in a service supply chain does not influence the management of the actual waiting time or the perceived waiting time by the service company.a. True b. False Do you start with male or female end on Christmas lights? when collimating for a rostrocaudal view of the foramen magnum, what are the borders from left to right on the patient? Flying Air New Zealand made Dr; Harrison Wellsnervous; so he held his stuffed bunny tightlyduring the flight. Using a perpetual inventory system, the purchase of inventory on account increases the balance of which of the following accounts? Multiple Choice O Cost of Goods Sold O Inventory O Sales Revenue O Accounts Receivable 22. Kaitlyn invests $3,000 in a savings account thatpays an annual interest rate of 4.08%; howmuch will she have after four years if there iscontinuous compounding?[A] $3,532.18[B] $3,489.60[C] $4,323.65[D] $2,052.91[E] $4,271.25 Find the slope-intercept form that passes through (2,-2) and (-4,1) Two researchers are gathering data on hours of video games played by school-aged children and young adults. They each randomly sample different groups of 150 students from the same school. They collect the following data.Researcher AHours Played per WeekFrequencyRelative FrequencyCumulative Relative Frequency0-2260.170.172-4300.200.374-6490.330.706-8250.170.878-10120.080.9510-1280.051Researcher BHours Played per WeekFrequencyRelative FrequencyCumulative Relative Frequency0-2480.320.322-4510.340.664-6240.160.826-8120.080.908-10110.070.9710-1240.031Give a reason why the data may differ.A) The researchers are studying different statistics, so there will be some variation in the data.B) The researchers are studying different parameters, so there will be some variation in the data.C) The researchers are studying the same statistic, so there will be some variation in the data.D) The researchers are studying different samples, so there will be some variation in the data.E) The researchers are studying the same population, so there will be some variation in the data. In 25 December 800, Pope Leo III declared Charlemagne to bePharaoh of Egypt.Bishop of all the Saxons.Patriarch of Constantinople.Roman Emperor. If new firms enter a monopolistically competitive market structure in the long run, a. the demand curves faced by the existing firms become more elastic b. the demand curves faced by the existing firms become perfectly inelastic c. the demand curves faced by the existing firms shift to the right d. the supply curves of the existing firms become relatively more elastic which three parts of these study and memory strategies will be most important for you to start using to improve your own learning and retention as we are crossing the street, we see a truck speeding towards us. as soon as our brain registers the sensory input, we simultaneously feel fear and start running. which theory of emotion does this scenario exemplify? a. two-factor theory of emotion b. spinoza c. cannon-bard d. james-lange