A materials requisition slip showed that direct materials requested were $96000 and indirect materials requested were $9000. The entry to record the transfer of materials from the storeroom is__________.

Answers

Answer 1
Answer:

Answer and Explanation:

Work In Process Inventory            $96,000

Manufacturing Overhead              $9,000

Raw Materials Inventory               $105,000


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Balancing trade is important because if a nation imports more than it exports,A. it will create a trade surplus. B. the value of its currency may fall. C. the nations goods will not be desirable D. other nations will stop investing in that nation.
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Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision-makinga) true
b) false

Answers

Answer:

A. True

Explanation:

The term business intelligence refers to the plans, process through which the raw data is to be converted into meaningful information that became relevant for the ethical decision making so that the goals and the objectives of the company could be accomplished.  

Data + Process = Information

Collection of information through internal and external parties would also help to analyze the trends, patterns for better decision making.  

Therefore, the given statement is true.

Starting from a trade balance, if the world interest rate falls, then, holding other factors constant, in a small open economy the amount of domestic investment will _____ and net exports will _____.

Answers

Answer:

domestic investment will increase and net exports will decrease .

Explanation:

Previously in trade balance, If world Interest falls : It becomes comparatively  lesser than relatively higher domestic interest rate. And makes domestic country a lucrative investment destination. This relatively higher domestic will lead to capital inflows & increase domestic investment.

When our currency is demanded more for capital inflows, its excess demand in foreign exchange market appreciates the currency & reduces exchange rate. At lower exchange rate & appreciated currency value, our exports become expensive & imports cheaper. This reduces exports & increases exports , hence reduces Net Exports.

When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include:_____.a. debiting Cost of Goods Sold and crediting Accounts Receivable. b. debiting Accounts Receivable and crediting Sales. c. debiting Accounts Receivable and crediting Cost of Goods Sold. d. debiting Accounts Receivable and crediting Inventory.

Answers

Answer:

b. debiting Accounts Receivable and crediting Sales.

Explanation:

When merchandise is sold and the perpetual system of inventory is used, the journal entry for a sale would include debiting Accounts Receivable and crediting Sales.

A perpetual system of inventory can be defined as a process of financial accounting, which involves the recording of informations about an inventory on a continuous basis (in real-time) as the sales or purchases are made through the use of enterprise management software applications and a digitized point-of-sale services.

In Accounting, to record a journal entry for a sale on an account, the account receivable would be debited because it is an asset and shall be increased with debits while crediting the sales account for the amount being paid by the customer.

Under a perpetual system of inventory, updates of the journal entry for a sale would include debiting Accounts Receivable and crediting Sales immediately as it is being made or happening. This is to ensure that the inventory account balance is always accurate provided there are no spoilage, theft etc.

Final answer:

In a hypothesis test, we formulate a null hypothesis and evaluate sample data to decide if there's enough evidence to reject the null hypothesis. If the evidence supports the null hypothesis, we do not reject it. If it favors the alternative, we reject the null hypothesis.

Explanation:

When conducting a hypothesis test, we basically formulate a null hypothesis and then evaluate the test results to determine if there is enough evidence to reject this hypothesis or not. The initial null hypothesis is a claim, typically denoted with H0, that we initially assume to be true. Here, the null statement must always contain some form of equality (=, ≤, or ≥).

After formulating our null hypothesis, data is collected from a sample and evaluated. The evidence from this sample data is then used to decide if we have enough evidence to reject the null hypothesis or not. If the evidence supports the null hypothesis, we do not reject it. If it favors the alternative hypothesis, we reject the null hypothesis.

It's important to note that a hypothesis test is a procedure for determining whether the hypothesis stated is a reasonable statement and should not be rejected, or is unreasonable and should be rejected. This process of decision making is crucial in various scientific and statistical research methodologies.

Learn more about Hypothesis Testing here:

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Which visual aid best pinpoints precise amounts?bar graph
line graph
pictograph
pie chart

Answers

The correct answer for the question that is being presented above is this one: "line graph." The visual aid that best pinpoints precise amounts is the line graph. Line graph is very useful in displaying data or information that changes continuously over time and including precise values.

Answer:

Line graph is the answer!!

Explanation:

Surrealists emphasized _____________ instead of ____________.

Answers

The correct answer is irrationalism and rationalism. It is because surrealist are cultural movement in which they are likely to reunite cultures or different races in means of having to have unity, that’s why they are likely to focus more on irrationalism than rationalism.

Answer:

irrational; rational

EDGE confirmed

Would someone who is a police officer have a job or a career? Be sure to explain your answer.PLEASE HELP ITS DUE TODAY

Answers

It’s a career Police officers perform various duties, including keeping residents safe, maintaining detailed records, and testifying in court against criminal suspects