In the accounting system of Apogee Company, the quantities counted by the receiving department and entered at a terminal are transmitted to the computer, which immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to Establish the validity of the account number. Verify that the amount was entered accurately. Verify the authorization of the disbursement. Prevent the overpayment of the account.

Answers

Answer 1

Answer:

Apogee Company

This display enables the operator to

Prevent the overpayment of the account.

Explanation:

This display means that the computer calculates the amount due on the account based on a predetermined and preset unit price in accordance with the local purchase order for the transaction.  It is a verification of the amount that should be paid to the supplier.  The receiving department can match this computer generated amount with the invoice amount before transferring the invoice to the payment department.


Related Questions

Your merchant fee is 3%. Your
customers paid you $2,200,000
through credit cards. What fee
must you pay the credit card
company?
$ [?]

Answers

Answer:

66,000

Explanation:

2,200,000*.03= 66,000

household play a role in the circular flow of goods by

Answers

Answer:

C) purchasing goods at product markets

Answer:

C. purchasing goods at product markets

Explanation:

It said on the test

If the public decides to hold more currency and fewer deposits in banks, bank reserves a. decrease and the money supply eventually decreases. b. decrease but the money supply does not change. c. increase and the money supply eventually increases. d. increase but the money supply does not chang

Answers

A. Decreases and the money supply eventually decreases

Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with

Answers

Answer:

Sales promotion

Explanation:

From the question we are informed about Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with Sales promotion.

Direct marketing can be regarded as any marketing which is based on

direct communication as well as direct distribution of products to individual consumers, it's not carried it with help of third party like social media, texting campaigns or mass media.

Sales promotion can be regarded as a process involving persuasion of a potential customer so they can buy a product. Sales promotion is a technique suitable to be used in short-term tactic so that sales can be boosted, and usually target at consumers.

the alocholic beverages in a private club are

Answers

Answer:

The alcohol beverages in a private club are owned by the members. Further explanation: A private club is referred to as a place to mingle and meet with individuals of similar interests. In a private club, anyone cannot just enter or join.

Explanation:

Plz mark me brainlyest

Years ago, the travel industry was controlled by a few large travel companies that booked holidays, air tickets, bus tickets, and hotels for their customers. However, with the emergence of the internet, smaller travel agencies started mushrooming in the industry and customers started making their own reservations. Which of the following can be inferred from this information?
A. The travel industry changed from a consolidated structure to a fragmented one.
B. The structure of the travel industry changed from monopolistic competition to an oligopolistic one.
C. The pricing power of the incumbent firms in the travel industry has increased.
D. The bargaining power of buyers in the travel industry has decreased.

Answers

Answer:

A. The travel industry changed from a consolidated structure to a fragmented one.

Explanation:

In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.

But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.

This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.

Thus, the correct answer is option A.

what type of government action is part of fical policy

Answers

Answer: C. Spending government money on schools

Why is the market demand curve for public goods calculated as a vertical summation of individual demand​ curves?
A. because public goods require vertical summation to account for the higher level of fairness compared to private goods.
B. because public goods are finite in availability of​ consumption, so the vertical summation accounts for the limit.
C. because the public good is​ non-rival, so you and others can consume every unit of the good at the same time.
D. because public goods are the opposite of private​ goods, therefore the summing must be done similar to club goods.

Answers

Answer:

c

Explanation:

A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue. The demand curve for public goods is summed vertically because all individuals can consume every unit of the good at the same time.

A private good is a good that is excludable and rivalrous. They are usually exchanged in the market by private sector businesses. It is only you who purchased the ferrari and those you allow that can use the ferarri.

How does microfinance benefit the global economy?​

Answers

I am sorry I do not know

On January 2, 2013, Gant Co. purchased a franchise with a useful life of five years for $60,000 and an annual fee of 1% of franchise revenues. Franchise revenues were $20,000 during 2013. Gant projects future revenues of $40,000 in 2014 and $60,000 per year for the following three years. Gant uses the straight-line method of amortization. What amount should Gant report as intangible asset-franchise, net of related amortization in its December 31, 2013, balance sheet

Answers

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as the intangible asset franchise is shown below

= Purchase value of franchise - amortization per year

= $60,000 - ($60,000 ÷ 5 years)

= $60,000 - $12,000

= $48,000

hence, the  amount that should be reported as the intangible asset franchise is $48,000

how does the exchange rate affect international trade

Answers

Answer: The correct answer is C. They determine how much can import for a certain amount of currency.

Explanation:

which of the following behavior patterns may be a characteristic of minors

Answers

Answer:

Self conscious about appearance

Explanation:

A minor is a usually adopted as term used to make distinction between an adult who can take up legal responsibilities and a child who legally below the specified age of the majority or adulthood. Distinction between minors and adulthood is usually based on the age of the individual. Person below the age of 18 in most countries are considered as minor. They possess certain characteristics which may include excessive consciousness about looks and trying to avoid eyes contact as much as possible.

Match with the correct definition. Not all terms will be used.
Migration of educated professionals from a country for better pay or living conditions.
Economic principles stating that a freely competitive market works for the benefit of all.
Market situation in which each of a few producers affects but does not control the market
Market situation with only one seller for a given product or service
Two or more consecutive quarters of decline in GDP
The amount of a commodity or service that people are ready to buy for a given price.
The price determined by the movement of supply and demand
The price determined by the movement of supply and demand
The quantity of a product producers are willing to sell at a given price
Recession
inflaction
demand
oligopoly
monopoly
invisible hand
supply
market price
brain drain

Answers

Answer:

Migration of educated professionals from a country for better pay or living conditions - brain drain  

Economic principles stating that a freely competitive market works for the benefit of all. - invisible hand

Market situation in which each of a few producers affects but does not control the market - oligopoly  

Market situation with only one seller for a given product or service - monopoly

Two or more consecutive quarters of decline in GDP - Recession

The amount of a commodity or service that people are ready to buy for a given price. - demand

The price determined by the movement of supply and demand- market price

The price determined by the movement of supply and demand - market price

The quantity of a product producers are willing to sell at a given price  supply

Explanation:

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region  

Characteristics of natural monopolies  

1. they have a large fixed cost  

2. The firms have a low marginal cost

3. They occur naturally through the free market. It does not occur by government regulation or any other force

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

price setting firms

product differentiation

profit maximisation

high barriers to entry or exit of firms

downward sloping demand curve

The amount of a commodity or service that people are ready to buy for a given price is known as demand. demand is higher when price is lower and lower when price is higher. This is known as the law of demand.

The quantity of a product producers are willing to sell at a given price. supply is higher when price is higher and lower when price is lower. This is known as the law of supply

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

The price determined by the movement of supply and demand is known as the market price.

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

Did the demand curve shift during the coronavirus?

Answers

Answer:

Yes, it is correct to say that the demand curve shifted during the coronavirus, as the pandemic was an unexpected event that caused a planned economic recession, with the main objective of reducing production levels and demand in order to contain the pandemic.

One of the examples was the legislation that forced the closing of stores and restaurants in order to reduce the circulation and agglomeration of people in order to reduce the contagion by the virus, which caused a drop in demand and jobs.

Thomas and stephani are married with four qualifying children. Their earned income is 28500. Calculate the eic using the eic formula

Answers

Answer:

$6,557.

Explanation:

Following the eic formula, The eic of Thomas and Stephani filling as jointly married with over 3 children and an income < $55952  is = $6,557.

using the eic formula

= $6557

The doctrine of respondeat superior means that: a. the police are expected to respond immediately to all calls for service b. an employer may be held liable for the wrongful acts of its employees c. the federal court may assume jurisdiction over police misconduct suits involving constitutional violations d. police officers have sovereign immunity and cannot be sued for damages caused by their misconduct

Answers

Answer:

b. an employer may be held liable for the wrongful acts of its employees

Explanation:

Respondeat superior is Latin and means - let the master answer.

This is a provision of the law that states that a party is to take responsibility for the actions of their agents.

It is also called the master-servant rule and is used in both common and civil law.

An employee is the agent of an employer. So any liability that results from the action of the employee is binding on the employer

Which of the following is an example of the law of diminishing marginal​ returns? A. Holding capital​ constant, when the amount of labor increases from 5 to​ 6, output increases from 20 to 25. Then when labor increases from 6 to​ 7, output increases from 25 to 28. B. When capital and labor both increase by 20​ percent, output increases by only 15 percent. C. When labor increases by 20 percent and capital decreases by 15​ percent, output remains constant. D. Holding capital​ constant, when the amount of labor increases from 7 to​ 8, output increases from 36 to 42. Then when labor increases from 8 to​ 9, output increases from 42 to 50.

Answers

Answer:

A. Holding capital​ constant, when the amount of labor increases from 5 to​ 6, output increases from 20 to 25. Then when labor increases from 6 to​ 7, output increases from 25 to 28

Explanation:

Law of diminishing marginal revenue states that in a production process as more of an input is added it results in smaller increase in output over time.

As larger amount of input is added it will result in reduced per unit incremental returns.

When amount of labour increases from 5 to​ 6, output increases from 20 to 25. That means every additional unit of labour results in 5 units of output.

However when labor increases from 6 to​ 7, output increases from 25 to 28. This means that now a unit increase in labour has resulted in only 3 units increase in output.

This exemplifies the law of diminishing marginal revenue.

Suppose that a small business takes in monthly revenue of $100,000. Labor, rental, energy, and other purchased input costs are $70,000. The owner/entrepreneur could earn $5,000 per month in another job, and the owner/entrepreneur could get a return of $5,000 each month if she sold her business and invested the net proceeds in a financial asset, such as a treasury bond. Which of the following correctly describes her monthly economic profit? 55. If an SUV purchased in 2018 costs $50,000 and weighs 5,800 pounds, the maximum depreciation expense that can be taken is:
A. $50,000
B. $18,000
C. $16,000
D. $9,600 .

Answers

Answer and Explanation:

The economic profit is

Economic profit = Total revenue - (Explicit costs + Implicit costs)

where

Total revenue is $100,000

Explicit costs are $70,000

Implicit costs are $10,000 (opportunity costs)

Now  

Economic profit = $100,000 - $70,000 - $10,000

= $20,000

In the case of small cars that within 6000 lbs, the depreciation should be capped at $18,000 for the first year

Hence, the option b is correct  

 

An audit of historical financial statements most commonly includes the Group of answer choices income statement, the statement of cash flows, and the statement of net working capital. balance sheet, statement of retained earnings, and the statement of cash flows. balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity. statement of cash flows, balance sheet, and the statement of retained earnings.

Answers

Answer:

balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Examples of financial statements includes Balance sheet, cash-flow and income statement.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

Thus, an audit of historical financial statements most commonly includes the balance sheet, income statement, statement of cash flows, and the statement of changes in stockholders' equity.

Rapida Inc. and Click Inc. are two companies that have been manufacturing typewriters for almost 30 years. Due to the reduced demand for typewriters today, both companies' average return on invested capital is approximately –5 percent. The current industry average is 2 percent. In this scenario, Rapida Inc. and Click Inc. most likely have

Answers

Answer:

The answer is "competitive parity with each other".

Explanation:

It refers to spending on a level equal to your opponents, while you spend more on performing than our competition in a competitive edge. The goods offered by the competitors are each were and can easily be swapped with the product.

It is a defensive strategy used by companies, whilst still the financial resources, to protect their image, brand & positioning. A sector where, compared to others in your sector, you achieve ordinary or average results.

Sunshine Meals Inc. is a company that sells breakfast foods such as cereals and pancake mixes. The company conducts a study to segment its consumers. It finds the following segments: Segment A: Consists of a small group of individuals who purchase four boxes of the brand's cereal every week. In comparison, the average user consumes one box every week. Sunshine targets segment A by providing them with samples of other Sunshine products with the purchase of one box of cereal. Segment B: Consists of a large number of college students and individuals who have recently begun living on their own and require ready-made mixes as their breakfast solution. Sunshine targets these consumers by providing more variety with pancakes and waffle mixes. Segment C: Consists of consumers who are not consistently buyers. Targeting these consumers could prove a loss for the company.

Answers

Answer: Niche marketing

Explanation:

Your question isn't complete but the remainder has been added as the comment.

Niche marketing simply refers to the promotion and the sale of a product to a specialized segment in the market. Niche market is the segment of a larger market which has its own unique needs, and preferences.

If Sunshine Meals Inc. begins producing a range of sugar free marmalades to target a small segment of health conscious consumers who would be willing to pay a premium price for products appropriate for their diets, then it's refered to as niche marketing.

An organization has experienced significant turnover among its creative writers. During exit interviews, the writers have expressed dissatisfaction with rigid starting times, a lack of recognition for their work, and poor communication between managers and employees. How should the organization incorporate the social well-being aspect in its action plan to address the issue?

Answers

Answer:

Establish a work/life program that allows flexibility.

Explanation:

In the case when there is the exit interviews so the writer would shows the dissatisfaction also there is less recognition towards the work and the poor communication between the managers and employees

So the organization should incorporate the social well being in a way where it created the work or life program that permits the flexibility

So as per the given situation, the above statement should be the answer

Your customer calls you in the morning and tells you to lock the interest rate at the 5.5% you initially disclosed. You commit to lock the rate, but your day becomes busy and you aren't able to lock it until later in the day. When you go to lock the rate, you notice that the pricing has changed since this morning and the rate of 5.5% is now going to cost an additional $500.00. What is the most appropriate course of action?

Answers

Answer: You or your company should pay the $500 and lock the rate.

Explanation:

You had already given your customer reasonable assurance that you would lock the rate so this is what they expect. You must therefore do as you have promised to your customer regardless of what the cost would be because the fault here lies with you.

You should therefore pay the $500 unless there is some company policy that allows them to pay it instead. Once done, you will be able to lock in the rate and fulfill your obligation to your customer.

History of Stock Exchange in India

Answers

Answer:

The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.

Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.

They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.

The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.

A university student database, which included social security numbers and other personal identifying information, is compromised by a computer hacker. The investigation revealed that the hacker subsequently sold the personal identification information to a third party, who then proceeds to submit falsified mortgage loan applications to numerous financial institutions which resulted in approximately $5 million in losses to the financial institutions. This is an example of:

Answers

Answer:

Identity Theft

Explanation:

Identity Theft is defined as when someone steals and uses the identification or personal identifying details and information of another person such as their name, phone number, various financial card's number, etc. without their permission to do any fraud or commit other crimes.

In the context, a hacker steals the identity information and the database of a university student and sold them to some third party who proceeds to submit many falsified applications for mortgage loans to the financial institution that resulted a huge loss to the financial institution is an example of an identity theft, where the hacker steals some other person's personal information and uses them to commit frauds or crimes.

a. The amount of each lease payment will be increased by the option price. b. The lessee must decrease the present value of the lease payments by the present value of the option price. c. There is no impact as the option does not enter into the transaction until the end of the lease term. d. The lessee must increase the present value of the lease payments by the present value of the option price.

Answers

Answer:

d). The lessee must increase the present value of the minimum lease payments by the present value of the option price.

Explanation:

The bargain purchase option refers to the clause mention in a lease contract or agreement which provides the lessee [tex]\text{to purchase}[/tex] or buy a leased asset from a person at the end of the [tex]\text{lease period}[/tex] at a price which is substantially below its [tex]\text{fair market value}[/tex].

In bargain purchase option, the present value of a [tex]\text{minimum lease payments}[/tex] can be increased by bargain purchase option. So the lessee must [tex]\text{increase}[/tex] the present value of [tex]\text{minimum lease payments}[/tex] by the present value of the [tex]\text{option price.}[/tex] This is the impact of the bargain purchase option on the present value of [tex]\text{minimum lease payments}[/tex].

Thus, the correct option is (d).

Which of the following is true about career goals?
A. They should not require a great deal of hard work to reach them.
B. Most goals should be so ambitious that it would be unlikely that
you actually reach them. This will push you to achieve as much as
possible.
C. Goals are not actually things that can be measured to say whether
they have been met or not.
O D. They should usually be significant enough that they cannot be
reached in one easy step.

Answers

Answer:

B. Most goals should be so ambitious that it would be unlikely that  you actually reach them. This will push you to achieve as much as  possible

Explanation:

Goals are that objective of life that one strives to achieve and are necessary to attain as they help in finding the right path and attainment of the desired outcomes. Goals are an impotent component of personality. Goals should motivate the persons to achieve them.

Answer:

the answer is D

Explanation:

just did it

"One should have deep interest in the profession he/she is going to choose." Justify the statement.​

Answers

Answer- yadav le sikayena?? no fear when i am here

"One should have a deep interest in the profession he/she is going to choose" yes, the statement is true because each profession is likely to have both positive and negative aspects. One should choose the profession which has more positive aspects than negatives ones.

Explanation:

Mark me as brainlist, don't forget!       BUJIRAXA NI TYAa

How does microfinance benefit an economy?​

Answers

Answer:

it enables people to use money wisely

Explanation:

this is because a specific amount of money will be provided for a specific reason

n a bicycle race with a $5,000 prize for the winner, a cyclist was leading by a significant margin. A spectator at the race was married to the second place rider. Sensing that her husband would not win unless she took action, the spectator drove to a point two miles ahead on the course, scattered several nails in the middle of the course, and then left the area. Soon thereafter, the cyclist approached the area and noticed the nails. He attempted to swerve around the obstruction but a nail punctured his tire. He fell off his bike, suffered significant physical injuries, and was unable to complete the race. If the cyclist sues the spectator, under what theory is the cyclist least likely to recover maximum punitive damages

Answers

Answer: intentional infliction of emotional distress.

Explanation:

In order for an individual to be able to make a claim of intentional infliction of emotional distress, it is required that the plaintiff must prove that the defendant intentionally acted recklessly or caused emotional distress to the person. In this case, there no evidence that an emotional distress was suffered.

Therefore, the theory that the cyclist is least likely to recover maximum punitive damages is intentional infliction of emotional distress.

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