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Business · Accounting
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0 of Monthly, the foxed asset accountant generates the Fixed Asset Roll-forward from the Fixed Assot System (FAS) The Fxed Asset Ro- forward inchudes the following Fixed asset Il. Gross fixed assets Ill. Accumulated d at the beginning of the month balance at the end of the month recorded in FAS to the general ledgor at month-end Which of the above data elements s most relevant to reconciling the ending food asset balance to the balance sheet accounts the general k ger? O a Fixed asset description O b Gross fixed assets balance at the beginning of the month O c Accumulated depreciation balance at the end of the month O d Depreciation incurred during the month your to sta 11 of 20 Company Y manufactures and sells ice cream. Each flavor of ioe cream is given a unique SKU and price in the Inventory Management System (IMS) When an order comes in for a specific the IMS creates a Picking List for the tubs ordered which the product, quantity and Church use the Picking List and an RF scanner to pick items. They are then packed in coolers for delivery Once an item on a Picking List has been scanned, it is hipped, and a bill of lading is received and detais are manually entered into the in the IMS The item is scanned again by a third party carrier into the company XYZ ERP system where the r of the sales process occurs tart the O a The IMS does not correctly recognize orders as shipped or delivered resulting in improper revenue recognition O b. The IMS generates an invoice to the customer after the goods have shipped from the warehouse resulting in improper revenue rocognition O c. The IMS doos not obtain the appropriate O d. The iMS doos nol adjust inventory quanttios completely and accurately as tems are picked and scanned resulting in inaccurate recording of inventory the last or the SKUs ordered resulting in an inaccurate Picking List and inaccurato recording of inventory ary y of.. ption 2 wh
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