Explain how a company can control small payments that must be made in cash rather than by check
Using a petty cash fund can control small cash payments. The amount of cash to which employees have direct access is small. The system established for petty cash provides a convenient and sound procedure for identifying the assets and expenses that must be recorded when small cash payments are made.
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Which of the following tables would likely be the result of a many-to-many relationship in a purchases and payments class diagram?
A. ProductCategory. B. EmployeeSupplier. C. PurchaseOrderNumber. D. PurchaseItems.
Anton Valve Company produces a mechanical valve used in water systems. Three years ago the company introduced an electronic version of the valve. Sales of the mechanical model have steadily declined, and the company will report a loss on the product this year as follows:
If production of the mechanical valve is discontinued, product-level costs will be eliminated but facility level and corporate costs would not be affected.Required:1) Prepare a quantitative analysis that indicates whether the valve should be discontinued.2) What qualitative factors should be considered in this decision?
What will be an ideal response?
Describe the four stages of culture shock.
What will be an ideal response?
Under the UCC the seller may add a statement in the contract selling her goods that excludes certain ____________________
Fill in the blank(s) with correct word