Question: As the newest BFM in the program office, you notice a disbursement for the X-86 Aircraft landing tail hook in the accounting system. You then

As the newest BFM in the program office, you notice a disbursement for the X-86 Aircraft landing tail hook in the accounting system. You then notice that the disbursement is not matched to an obligation. How should this now be recorded?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

If a disbursement for the X86 Aircraft landing tail hook is not matched to an obligation in the accounting system it indicates a discrepancy in the re... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

*Exercise 3-05 A tabular analysis of the transactions made during August 2022 by Wolfe Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity...

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

As the newest BFM in the program office, you notice a disbursement for the X-86 Aircraft landing tail hook in the accounting system. You then notice that the disbursement is not matched to an...

Can you answer this question from the attachment? you are the bfm for the X-86 helicopter program office. you receive a phone call from the OSD comptroller, who wants to confirm your total budget...

WorkfileContents.doc ASSIGNMENT # 2 Contract Review Analyze the sample physician contract provided below. Important negotiation language is missing from the contract. Using the Managed Care Checklist...

you are the bfm for the X-86 helicopter program office. you receive a phone call from the OSD comptroller, who wants to know the justification for your FY22 budget authority request. Given the P-40...

Question 2: The Robinson-Patman Act: (a) Forbids price reductions (b) Does not forbid discriminatory and preferential prices (c) Does not allow a firm to meet an equally low price (d) Applies to...

A company produces a product that sells for $600. Full absorption product costs are as follows: Direct materials $120 Direct labor 40 Overhead* 240 Total: $400 *Overhead is all fixed; the rate is...

12 Chapter A4148 23218 6/8/01 6:25 PM Page 361 12Initiating Objectives After reading this chapter, you will be able to: 1. Understand the importance of initiating projects that add value to an...

In 2012, Dody Corporation discovered that equipment purchased on January 1, 2010, for $75,000 was expensed in error at that time. The equipment should have been depreciated over five years, with no...

The equation: (x-pi)*sin(x)=(x-2) has two roots in the interval 14 . I) Explain why it is an unconditional problem to find these roots numerically. II) If one uses Newton's method to solve the...

4.4 Refer to Fig. 4.67. The Thevenin resistance at terminals a and b is: (a) 25 (b) 20 (c) 5 (d) 4 50 V (+1) 5 ww 20 b

Sort the following cables from high to low in terms of less interference: Select one: O a. Coaxial, UTP, STP, Fiber O b. Fiber, Coaxial, STP, UTP O . STP, UTP, Coaxial, Fiber O d. Fiber, Coaxial,...

Which of the following is False Select one: O a. Fetching intructions is performed by Control Unit O b. Decoding instructions is performed by ALU O c. Registers are part of the Processor O d....

Which of the following is considered the fastest storage media? Select one: O a. HardDisk. O b. SSD storage. O c. DVD. O d. Optical drives.

The software for the TCP/IP Protocol comes with the browser Select one: O a. False O b. Ture

Balancing economic outcomes, legal requirements and ethical duties requires enacting decisions and taking actions that are consistent with the organizations philosophy. In addition, it means that an...

Can we put that she will be making weekly payroll deductions inthe amount of $52.75 to the housing equalling $211.00 monthly

Describe the information included in the introductory, scope, and opinion paragraphs in a separate audit report on the effectiveness of internal control over financial reporting. What is the nature...

Following are 10 key internal controls in the payroll cycle for Gilman Stores, Inc. Key Controls 1. To input hours worked, payroll accounting personnel input the employee's Social Security number....

Explain why an auditor is interested in a client's future commitments to purchase raw materials at a fixed price.

Which growth strategy would you say is the most successful?

What types of sales promotion methods have you observed recently? Comment on their effectiveness.

Does creating urgency really help to get people to change? Give at least one example to support your position.