Spencer Co. has a $420 petty cash fund. At the end of the first month the accumulated receipts represent $65 for delivery expenses, $215 for merchandise inventory, and $34 for miscellaneous expenses. The fund has a balance of $106. The journal entry to record the reimbursement of the account includes a: Multiple Choice Debit to Petty Cash for $420. Debit to Cash Over and Short for $106. Credit to Cash for $314. Credit to Inventory for $215. Credit to Cash Over and Short for $106.

The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:

You work as the sales manager for a company that sells office supplies to businesses of all sizes. because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on paper, pencils, pens, post-it notes, and other office supplies from the manufacturers. when reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. when you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?