Match the best answer to each question/ The ledger that contains the financial statement accounts of Accounts payable ledger + the company is the The subsidiary ledger that contains a separate account for each Credit sales supplier (creditor) to the company is the The sales journal is used to record The general ledger

Q: The process of converting from the old system to the new one is called the cutover. There are a…

A: There are many methods for cutover from the old one to a new information system, it will help a…

Q: The cost of maintaining records of Information is an example of cost. Internal failure costa Extemal…

A: Internal Failure Costs- Internal failure costs refers to the cost of product or service which is not…

Q: What features of Kerberos were included to make it more resistant to assaults in dispersed…

A: This question tells about features of Kerberos were included to make it more resistant to assaults…

Q: Explain the importance of the break - even EBIT.

A: A break-even point is the point of sales at which the operating income or the earnings before…

Q: Explain the dual purpose of closing process.

A: The closing entries serve to transfer the balances out of certain temporary accounts and into…

Q: Weaknesses to a purchase order system

A: Purchase order system is a system begins with creation, processing, follow up and closure of…

Q: “The inspection point is the key to the allocation of spoilage costs.” Do you agree? Explain.

A: Spoilage: Spoilage is the defective item at intermediate or final stage. The spoilage goods cannot…

Q: List three typical reasons for abnormal deposit drains?

A: Abnormal deposit means the depositee isn't to return the particular cash saved, however he is to…

Q: ntity does not use plastic because it knows that its customer base is sensitive to pollution issues.…

A: There are many method to manage the risk and reduce the risk.

Q: What is the dual purpose of the closing process?

A: The closing entries enable the company to transfer the balances out of certain temporary accounts…

Q: Are there any nonfinancial advantages or disadvantages of changing to a JIT system

A: JIT is a method/management strategy that is used to reduce the cost of inventory and increase…

Q: List the disadvantages of decentralization.

A: Decentralization refers to a company's top management delegating authority to subunits of the…

Q: What are some advantages of the Direct Write-Off method? What are some disadvantages of the Direct…

A: Direct Write Off Method: According to Direct Write off method, Bad Debt Expense is recognized once…

Q: What are the two shortcomings of the direct write-off method?

A:

Q: Which of the following is NOT a potential threat to computer hardware and peripherals? a. low…

A:

Q: What two types of exposures can close supervision of the receiving department reduce?

A:

Q: Explain the differences between a warrant and a call option

A: Differences: The nature of the call option is a standardized contract. Whereas, warrants are not…

Q: List five ways that management can seek to relax a constraint by expanding the capacity of a…

A: Theory of constraints:   A binding constraint can restrict a profitability of a company. For…

Q: In the absence of protocols, networks would be unusable. Describe the significance of these…

A: Answer: Concept: Network can be defined as the connection of devices sharing data provided under…

Q: What are the rules of safe harbor?

A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…

Q: Give an example of a preventive control.

A:

Q: Describe some limitations of internal conrol systems. Why do limititations on internal control…

A: Please find the answer to the above questions below:

Q: What is the difference between purchase requisition and purchase order

A: Note: for 1st question there's missing information so I'm solving part 2 only. 2.) Purchase…

Q: X % X % X % X % X % X % X % X % X % X % X % 0000011111I 0000000000 %24 %24 %24 %24 %24 %24 %24

A: Particulars increase or decrease amount Increase or decrease% Sales 93, 806 14.52% Cost of Goods…

Q: What are the limitations on Control Activities?

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Most systems do not consist of subsystems. true O Error

A: A system comprises of two or more components which are related to each other  in order to reach…

Q: Describe dropping unprofitable products or segments.

A: Dropping unprofitable products or segments means discontinue a particular product or segment which…

Q: Networks would be inoperable without protocols. Explain their importance and what functions they…

A: Protocol:   Protocols are the rules and instruction which are formed and followed to send or receive…

Q: ACME Products has the option to invest in one of the following two conveyor systems. MARR is 15%.…

A: GIVEN, SYSTEM 1 initial investment =$350,000 annual cashflow= $84,900 life = 6 years salvage value…

Q: Blocked suction cylinder unloading is accomplished by

A: Blocked suction cylinder unloading is accomplished by

Q: Risk of material misstatements increases if

A: Please see the next step for the solution

Q: Mo. One form of an AS/RS is the carousel, which is a mechanical device that houses and rotates…

A: The statement One form of an AS/RS is the carousel, which is a mechanical device that houses and…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.