Process of closing the company books

Assignment Help Business Management
Reference no: EM131250308

In the process of closing the company books, you encounter a problematic transaction. One of the company's customers was charged twice for the same project materials, resulting in a $1,000 overcharge. You immediately notify the controller, whose response is, "Let it go, it happens often. It'll probably balance out on some future transaction." What would you do?

Reference no: EM131250308

Questions Cloud

Can there such a thing as a truly reliable narrator : In the preface to nonfiction (p. 2803 of your text), the editors tell us that creative nonfiction illustrates that "no direct duplication of reality is possible in language, that all writing is affected by the author's point of view" (Baym et al, ..
Why is marginal revenue less than price for this firm : On your diagram, show the deadweight loss that occurs because the output level is determined by a monopoly rather than by a competitive market.
Evaluate the effectiveness of samantha message : Complete the following tasks: Evaluate the effectiveness of Samantha's message. Rewrite the message to improve it. Feel free to reasonably embellish the messageas directed by your instructor
Summarize the key points of the project : Summarize the key points of the project. Determine how the risks were managed. Recommend at least three (3) lessons learned for a project manager to know for future projects.
Process of closing the company books : In the process of closing the company books, you encounter a problematic transaction. One of the company's customers was charged twice for the same project materials, resulting in a $1,000 overcharge. You immediately notify the controller, whose r..
How did the jews treat the samaritans in jesus time : Forgiveness figures prominently in the passages from the Bible. Jesus compared God to the angry king who revoked his forgiveness and threw the once-forgiven servant into jail. Can God really revoke his forgiveness and still be fair? Jesus warned, ..
How these contributions are reflected in an organisation''s : Discuss the various disciplines that contribute to Organisation Behaviour, outlining how these contributions are reflected in an organisation's life circle
Compute and report all of the subgame perfect equilibria : Find the Nash equilibria of this game. - Compute and report all of the subgame perfect equilibria of this repeated game.
Describe how might company build more of an online presence : How might the company build more of an online presence". Analysis of their website. What was favorable about their website? What are some of their website attributes that customers may find unappealing?

Reviews

Write a Review

Business Management Questions & Answers

  Read the post graduation adventure case

Josh and Mike met each other as roommates during freshmen year at MacAlister College in St. Paul, Minnesota. Despite a rocky start they became best friends. They are planning on going on a two week adventure together to celebrate their graduation ..

  Incorporating some of the changes

DVDs and DVD players were introduced to the public just 20 years ago; describe what stage of the product life cycle DVDs are currently in and why you feel this to be true, incorporating some of the changes in the way people watch movies.

  Kinds of products or service of de beers diamond company

types of products or service of De Beers Diamond Company, and two (2) key factors in the organization's external environment that can affect its success. Provide explanation to support the rationale.

  Explain how to compare each industrys tradition

Explain how to compare each industry's tradition before the merger to the four types of organizational traditions, using the Competing Values Framework.

  The development of metrics

Who should be involved in the development of metrics within an organization?

  Establish a sexual dysfunction clinic

The hospital urology department wants to establish a sexual dysfunction clinic. The department head wants to get an estimate of the number of men ages 35 to 60 in the community suffering with some form of sexual dysfunction.

  Explain international purchasing

Explain International Purchasing and Supply Chain Management Institute. Select one of the certificates and state why you would pursue this certificate to improve

  How should rsps attract

How should RSPS attract

  Accounting profits and economic profits

What is the difference between accounting profits and economic profits? Which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? Explain.

  Leadership styles are designated into general categories

Leadership styles are designated into general categories or groups of leadership theories. For example, these include Traits Theories, Contingency Theories, Relational Theories, and others listed in the course text. Please select one specific categor..

  Variables could lead to different outcomes

What flaws might exist in your calculations, and what variables could lead to different outcomes? What actions could you take ensure you reach your target goal?

  How can communication between department in yourorganization

How can communication between department in your organization be improved to avoid conflict?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd