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Brathert Company is a small company with four people working in the revenue processes. One of the four employees supervises the other three. Some tasks that must be accomplished within the revenue processes are the following:a. Accounts receivable record keepingb. Approving credit of customersc. Authorizing customer returnsd. Authorizing new customerse. Billing customersf. Cash receipts journal postingg. Entering orders receivedh. Inventory record keepingi. Maintaining custody of cashj. Maintaining custody of inventoryk. Reconciling records to the bank statementRequired:For each of the four employees (supervisor, employee 1, employee 2, and employee 3), consider the duties you would assign to each employee. In assigning duties, no employee should have more than three tasks and there should be a proper separation of duties to achieve appropriate internal control. List the four people, the duties you assigned to each employee, and a description of why those assignments achieve proper separation of duties.
Describe the principles on which the Big Mac Index is built and how it might help you as an international manager.
Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with terms FOB destination. The goods arrive at Company A on May 17. Company A begins selling the goods to customers on May 19 an..
Determine the amount of underapplied or overapplied manufacturing overhead for the period.
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Stephanie Martinez opened a Latin Fusion restaurant downtown in a large southerncity.
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Are there any parts that should be excluded or cannot be made operational? What are the scorecard measures you would use to implement your scorecard in the Norwalk Pharmaceutical Division? What are the new measures that need to be developed, and h..
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