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Question 1.
Five (5) accounts you consider most at risk of being materially misstated.
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- QUESTION 4 An organization is efficient when it does the following: Has a good balance sheet. Uses fewer resources. Accomplishes its intended goals. Sells less than expected.Question 3 Calculate the Inflation Rate for the period of 2019 to 2020, if CPI in 2019 was 167.9 and Not yet answered 2020 CPI was 189.3 Marked out of 1.00 11.3% P Flag question None of the given choices 12.7% 100%Question 5 Your company has developed a new energy drink and you are trying to decide whether to sell the recipe, or make and distribute it yourself. A company will pay you $8 million for the recipe. If your company makes the drink itself, it will cost $7 million to build a factory and distribution network. Your analytics and marketing teams tell you there is a 10% chance the market response will be great, a 60% chance the market response will be decent with gross earnings of $15 million, and a 30% chance the market response will be poor with gross earnings of $5 million. If the market response is great, there is a 60% chance the drink will be the new fad and you will make gross earnings of $70 million, a 30% chance the gross earnings will be $40 million, and a 10% chance the gross earnings will be $20 million What is the expected value from the Perfect Information Tree Gust the perfect information tree. not EVP) Please write your answer in units of Smillions, and round to 2 decimal…
- Question 4 Santizit, Inc. produces a constant supply of hand sanitizer bottles (adjusted for seasonality) to its distributors. Recently the sales team increased their forecast to the distributors. With the updated sales forecast, the operations management met to discuss the need to revise their optimal, or economic, order quantity. During the meeting, your manager assigns you to calculate the economic order quantity of cases of hand sanitizer bottles that the plant would need to achieve to meet the forecasted supply to the distributors. The operations supervisor provides you with some key information. • There are 12 bottles in each innerpack. • Each case contains 5 innerpacks. • The average annual holding cost per case is $6. • The cost per order is $130. • The plant operates Monday through Friday and has two weeks per year that it is shut down for maintenance. The maximum inventory at the end of each production run is 4% greater than the demand. • Assume daily demand of 12,703 bottles…Adapted from Source: Fairlady. 2021. Masodi Organics. [Online]. Available at: https://www.pressreader.com/south-africa/fairlady/20211101/282041920317048 [Accessed 11 September 2023]. Question 1 Q.1.1 Distinguish between a continuous review model and a periodic review model, and recommend the most appropriate replenishment system for Masodi Organics. Note: you are required to provide a paraphrased comparison of the review modules with an application point for each before providing a justified recommendation. Q.1.2 Explain the four types of inventory purchases that goods at Masodi Organics can be divided. Note: you are required to provide a paraphrased overview of each type of inventory purchase before providing a practical example for each.Question: Salesforce.com sells software as a service delivered online. Corporations pay about $150 per month for each user (www.salesforce.com). Describe its revenue model and profit model. Need 2 refereces and answer with in text citation
- QUESTION TWO Glams Touch is a budding cosmetics family business in Sekondi. The owners, Baaba Benson and Bernard Benson, must ensure that they judiciously use the store space available. They have never kept detailed inventory or sales records. They immediately place new items on the shelves as soon as shipment of goods arrives. Invoices from suppliers are only kept for tax purposes. During sales, they record the items numbers and the total amount received at the cash register. The owners use their own judgment in identifying items that need to be reordered. Baaba and Bernard rely on their own judgment in deciding the cosmetics that need to be restocked. Analyse the business implication of this situation. In your view, how could information systems be utilized to assist the Bensons manage Glams Touch. Enumerate some data that should be captured by the systems and what information outputs are to be churned out from the system.Question content area Part 1 The potential market represents all active duty military members, allveterans, and their families. Assume that according to the United States Department of Defense, as ofDecember 31, last year there were 1 comma 361 comma 597 active duty personnel in all armed services.The veteran population totaled 21 million last year. Assuming the average cost of life insurance is $750 peryear and that potential customers purchase one policy per year, use the chain ratio method to calculatethe market potential for life insurance in the military market. Hint: see the Market Potential and SalesEstimates section of Appendix 3 Marketing by the Numbers in your textbook. Part 2 The number of buyersin the market can be estimated as 22,361, 597. (Round to the nearest whole number.) Part 3 Themarket demand is estimated as $16.77 million. (Round to the nearest whole number.)Q.1.9 The type of inventory that are in an unprocessed state is referred to as: A. Work in process. B. Raw materials. C. Packaging materials. D. Process stock. E. Finished goods inventory.
- Kerrigan Corporation announced on November 1, 2021 that company's CEO has been terminated and that James McCabe will become the company's new CEO. Kerrigan has had decreasing income over the last several of years. McCabe will be responsible for improving Kerrigan's future performance. What earnings management technique will the company probably utilize as a result of hiring a new CEO? Question 31 options: a) Accelerating future period expenses into the current period b) Accelerate current period revenues into future periods c) Big Bath d) Increase cookie jar reservesQUESTION 20 What are purchased items or extracted materials that will be transformed into components or products called? A. finished goods inventory B. MRO inventory C. raw materials inventory D. distribution inventory E. work-in-process inventory QUESTION 21 Which inventory function exists between the manufacturing plant and the distribution plant? OA. transportation inventory OB. lot-size inventory C. anticipation inventory D. fluctuation inventory E. speculative inventory QUESTION 22 In inventory management, when discussing customer service we mean: OA. whether repair of the product is available. B. whether the product is available regardless if the customer desires it or not. OC. whether the product is available when the customer wants it. OD. whether the customer wants the available product. OE. whether the customer is available when the product is.please give me only the answer no explantion is needed Question 4 To what does the following relate: Before a purchase of inventory can be made, it has to be authorized and supported by all relevant supporting documentation. 1. Monitoring of controls 2. Validity of transactions 3. Inherent limitations- cost vs benefit 4. Inherent limitations – human error, time constraints Question 5 To what does the following relate: Although the barcoding system in the warehouse is outdated and ineffective, the company cannot see the benefit in upgrading the system based on the high cost of the system. 1. Control environment 2. Inherent limitations – cost vs benefit 3. Validity of transactions 4. Control activities – independent checks and reconciliations Question 6 One of the six areas that an auditor needs to consider when obtaining an understanding of the entity is 1. Skills and competence of the audit…
