Seatow Inc. has a petty cash fund of $2,500. (a) Since the petty cash fund is only
Question:
(a) Since the petty cash fund is only $2,500, should Seatow Inc. implement controls over petty cash?
(b) What controls, if any, could be used for the petty cash fund?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
a Yes Even though the petty cash fund is only 2500 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Oak Grove Inc. has a petty cash fund of $1,500. (a) Since the petty cash fund is only $1,500, should Oak Grove Inc. implement controls over petty cash? (b) What controls, if any, could be used for...
-
Spectacle Inc. has a petty cash fund of $2,000. (a) Since the petty cash fund is only $2,000, should Spectacle Inc. implement controls over petty cash? (b) What controls, if any, could be used for...
-
Oak Grove Inc. has a petty cash fund of $1,500. (a) Since the petty cash fund is only $1,500, should Oak Grove Inc. implement controls over petty cash? (b) What controls, if any, could be used for...
-
The number of hours of daylight that occur at any location on Earth depends on the time of year and the latitude of the location. The equations below model the numbers of hours of daylight in Seward,...
-
Suggest a synthesis of ibuprofen (Section 5.11) from benzene, employing chloromethylation as one step. Chloromethylation is a special case of the Friedel-Crafts reaction in which a mixture of HCHO...
-
Give an IUPAC name for a. b. Br2CHCH2CO2H c. CH3CH¡CHCO2H d. (CH3)3CCH2CH2CO2H - -
-
Honda Civic Crash Test In Data Set 13 of Appendix B, the measured chest deceleration of a Honda Civic in a crash test is 39 g, where g is a force of gravity. Determine whether the given values are...
-
How can an organization maintain its image while dealing with a talent surplus? If layoffs are necessary, what would you recommend managers do to ensure that survivors remain committed and productive?
-
Summarize the facts of the case briefly - two or three sentences is ok, but include in your discussion the facts that become important to the Court's decision. Then, summarize the primary holding of...
-
1. What is a decision support system? What advantages does a decision support system have for a business like the Harvard Cooperative Society? 2. How would the decision support system of a business...
-
Assume that you are planning to purchase a Samsung LED-LCD, 55 inch television. In groups of three or four, determine the lowest cost for the television, considering the available alternatives and...
-
Oscar Fye has recently been hired as the manager of Janies Canyon Coffee, a national chain of franchised coffee shops. During his first month as store manager, Oscar encountered the following...
-
The stock of the Health Corporation is currently selling for $20 a share and is expected to pay a $1 dividend at the end of the year. If you bought the stock now and sold it for $23 after receiving...
-
Impact on Taxes. James has a marginal tax rate of 12%. He suddenly realizes that he neglected to include a $7,500 tax deduction. How will this oversight affect his taxes? From question A, if James...
-
Retractable Technologies just paid a dividend of D_0 = $2.20 and sells for $40 per share. If the company has a constant growth rate of 6% per year, what is their total expected return?
-
A Carnot cycle heat engine operates with hot and cold temperatures of 1300 C and 300 C respectively. How much heat must be input to produce 100 kJ of work. (Answer in kJ.)
-
Abby Lewis produced 165 units this pay period and earns piece rate on the following differential pay schedule. Units Produced Amount per Unit 1--100 $3.25 101--150 $3.50 over 150 $3.75 What is her...
-
The balance in all assets accounts combined is $ 1 0 0 , 0 0 0 on December 1 During December, the following transactions took place: Purchase of $ 1 0 , 0 0 0 of inventory for cash. Purchase of $ 1 5...
-
Athletes such as swimmers and bicyclists wear body suits in competition. Formulate a list of pros and cons of such suits.
-
Write a function that reads a Float24_t value: Float24_t float24_read(void) A legitimate float24 value string is of the form: "mantissabexponent" where the mantissa (m) and the exponent (e) may have...
-
The basic problem with the absolute concept of poverty is finding the _____.
-
What document is the source for (a) Debiting the accounts in the materials ledger and (b) Crediting the accounts in the materials ledger?
-
What document is the source for (a) Debiting the accounts in the materials ledger and (b) Crediting the accounts in the materials ledger?
-
What document is the source for (a) Debiting the accounts in the materials ledger and (b) Crediting the accounts in the materials ledger?
-
Prove each of the following statements. Fully state and explain each claim and logical step in your proof, using complete English sentences throughout. 1. Prove that if z is a complex number solution...
-
Preparing Adjusting Journal Entries Pacific Company adjusts and closes its books each December 31. It is now December 31 and the following information is available for preparing accounting...
-
Evaluate the integral below by interpreting it in terms of areas in the figure. The areas of the labeled regions are A17, A2=3, A3=1 and A4=2 V = 5 - S f(x)dx > Next Question y=f(x) A1 A3 0 3 A2 R2 5...
Study smarter with the SolutionInn App