Answer:
The cash accounting systems
Explanation:
The cash accounting systems recognize incomes and expenses when paid is received, or when payments are made. Revenue is recorded when customers make payments against an invoice, and expenses recorded when the business pays its payable. The cash accounting system is also called cash basis accounting.
The cash basis accounting system is mostly used by small business organizations. Gerald's manufacturing firm uses the cash accounting system because transactions are recorded when money goes in or out of business. The cash basis is not recommended for large business organizations.
Answer:
cash
it just is!!
have a good dayyyy
These facts provide evidence that Canada has a A) mixed economy. B) market economy. C) command economy. D) traditional economy
Answer:
A) mixed economy
Explanation:
Canada has a mixed economy
What is an economy?Economy is a measure of how well a county is doing financially.
An mixed economy consist of free market economy and government regulated economy.
Most country operate the two economy to achieve financial stability and to allow for easy business transaction.
Therefore, Canada has a mixed economy
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Where are you most likely to encounter lead on a construction site?
Answer:
Where it is used for electrical conduits, tank linings, roofs and cornices.
Explanation:
Lead is a substance which its occurrence is natural in every part of the environment. It has been a useful construction item for many years of its properties such as having a density that is greater than what most common materials have, it is malleable and soft. Lead is also abundant, easy to extract and it can resist oxidation.
Lead is usually used on a construction site for electrical conduits, tank linings, roofs and cornices.
Therefore, lead is most likely to be encountered on a construction site where it used for electrical conduits, tank linings, roofs and cornices.
Despite its great properties and usefulness, the lead use of lead has reduced because it was found to be poisonous in the late-19th century. A contact lead can cause serious health problems such as kidney disease, anaemia and cancer.
Why do you think tobacco companies are prohibited from displaying themselves on clothing?
The graph shows a point of equilibrium.
A graph titled Supply and Demand Equilibrium has Quantity Supplied on the x-axis, from 0 to 50 in increments of 10, and price in dollars on the y-axis, from 0 to 18 in increments of 2. Supply has a positive slope and demand has a negative slope. The lines intersect at point (30, 9).
If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach equilibrium?
The price of the product will increase to meet equilibrium.
The price of the product will decrease to meet equilibrium.
Supply and demand must be raised.
Supply and demand must be lowered.
Answer:
The correct answer is that the price of the product will decrease in order to meet the equilibrium
Explanation:
Equilibrium point is the point where the quantity supplied is equal to the quantity demanded. And the equilibrium price as well as the quantity is evaluated through the intersection of the demand the supply.
When the quantity which is supplied is greater or more than the quantity demanded, it will create a situation of surplus. And if the product price is decreased or lowered down, then the quantity demanded of the product will increase or rise until it reached to equilibrium. In short, the surplus drives the price down.
Select the correct answer. What is a good practice when you are implementing your goals? A. Follow a rigid pattern while implementing them. B. Extend the timeline of the goals. C. Prepare a checklist of small goals. D. Concentrate only on long-term goals.
Answer:
What is a good practice when you are implementing your goals?
The best practice when implementing ones goals is to follow a rigid pattern while implementing them
Explanation:
While you maintain a rigid implementation, this strictly reduce distractions from achieving such goals also it helps to maintain focus allthrough implementation.
modern economic growth has caused?.
Answer:
.increased capital
.increase in working population
Select all that apply.
When using shared work areas, show consideration by:
notifying the proper person when supplies are needed
leaving empty coffee cups on the desk
returning equipment and tools to their proper place
keeping shared work areas neat
Answer:
When using shared work areas, show consideration by:
1. notifying the proper person when supplies are needed
2. returning equipment and tools to their proper place
3. keeping shared work areas neat
Explanation:
Sharing work space is a scenario where members of a company or organization share certain resources in that particular company. The work spaces involved include; office space, work environment and equipment. Since the resources in a shared work space are always limited, there needs to be an organized arrangement that minimizes conflict. There are also several practices that ensures that resources are shared smoothly. The following considerations can go a long way in minimizing conflicts when using shared work areas, namely
1. Notifying the proper person when supplies are needed. In an organization there is always the division of labor where different individuals in an organization have specific duties and responsibilities. It would be prudent to notify whoever is in charge of supplies which ensures accountability.
2. Returning equipment and tools to their proper place. After using the equipment and tools it is always import for them to be returned in their proper place where others can also have access to it.
3. Keeping shared work areas neat. Always consider others when sharing a work area. Try to keep the work areas neat to accommodate others who might not like working in a dirty environment.
I tend to be highly critical of others work
Answer:
This is an interview question, You should answer with "I agree"
Explanation:
Being critical of others work means that you have inner desire to improve and you constantly use your cognitive skills to evaluate the things that relevant to your work.
Most employers will see this type of behavior as an asset.
They will see you as someone that can make other members accountable to their tasks. This is a very good characteristics for people in leadership position.
Type the correct answer in the box. Spell all words correctly. Sarah’s research shows that business information management professionals also perform the duties of other professionals. Which other duties are performed by business information management professionals? Business information management professionals also perform duties of information systems professionals.
Explanation:
Information should be allocated to a number of individuals, for example stakeholders and senior management, responsible for decision-making.
This information is typically available in the form of paper, electronic, audio, CD, video etc.
Business information management professionals work to gather, analyze, and deliver this information.
Experts in business information management are often required to carry out the tasks of MIS experts.
Answer:
management
Explanation:
plato
An example of a Biotechnology research career is a/an
Select one:
a. Risk Manager
b. Social Worker
c. Veterinarian
d. Toxicologist
Through process of elimination, I believe it is. D) Toxicologist.
Your friend says most credit cards charge people the same interest rate so it doesn’t make sense to shop around. Do you agree with him? Why or why not?
Answer:
I totally disagree with my friend. Why I am disagreeing? The main and fundamental philosophy behind my answer is that my friends knowledge regarding credit cards is totally wrong here. Why? Because different credit cards don't charge the same amount of interest from the individuals, consequently, it makes logical that instead of not using credit card at all, and taking benefits from it, first I should check out all the available options in credit card category as well, to have the knowledge that which bank and credit card is charging what percentage of interest. In this case, I will also come to know that which bank and credit card will charge me the less percentage, therefore, I should start using that credit card, instead of not using them at all, this idea seems bit more logical as well.
plz help What do the Manufacturing Production Process Development, Logistics and Inventory Control, and Health, Safety, and Environmental Assurance pathways have in common? They all involve producing retail products. They all involve evaluating and creating processes. They all involve producing automotive products. They all involve evaluating and creating safety procedures.
Answer:
The last: D, They all involve evaluating and creating safety procedures
The manufacturing production process development, Logistics and inventory control, and Health Safety and Environmental pathways have this in common: They are all involved in evaluating and creating safety procedures.
What is a Safety Procedure?A safety procedure is a step-by-step evaluation and plan of how to carry out a work procedure. A safety procedure makes sure that before work is started, all safety requirements must be met including identifying potential hazards.
The Manufacturing production process development, the Logistics and inventory control, and the HSE department all have a similar role in evaluating and creating safety procedures for work.
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summarize the steps of the cetr plan.
Answer:
The summary of the steps are as shown below;
Step 1: Reflection and Self-Evaluation.
Step 2: Exploration.
Step 3: Decision-Making and Goal Setting.
Step 4: Gaining Experience.
Step 5: Implementation.
Explanation:
A career is a professional endeavor undertaken during a specific period in one's life with the opportunity for growth. Picking a career is one of the most important things that most individuals do in life. It is therefor necessary to choose a career that is in line with one's interest, capabilities and passion. The following are steps to be followed in planning a career path, namely;
Step 1: Reflection and Self-Evaluation.
This is the first step involved in career planning. It involves the gathering of information about oneself that will assist in choosing a career that matches one personality, interests, capabilities and goals.
Step 2: Exploration
Exploration involves looking into various alternative careers that matches one's personality. This step usually includes specific research on different careers to make a decision on a specific career that best fits one's requirements.
Step 3: Decision-Making and Goal Setting.
In this step, one decides on the specific career that they want to pursue. They also set achievable goals and timelines that the goals need to be achieved.
Step 4: Gaining Experience.
In this step, one looks for relevant experience in that career field. This usually involves the seeking of potential jobs that will ensure career growth that is in line with their goals.
Step 5: Implementation.
Once all the steps have been identified, one can now implement everything on the plan. This actually involves the putting the plan into action.
The steps of the Cetr plan as set a goal; create and stick to a plan; track your progress; and repeat.
The CETR plan is utilized for the teaching-learning process. It incorporates the students' and their studies' reflections.
This is to ensure that the evaluation considers the care, education, and treatment of children and young people with learning disabilities, autism, or both, as well as their families.
The CETR should conduct an evaluation of the child's or young person's care, education, and therapy.
Therefore, the Cetr plan's steps are as follows: set a goal; design and stick to a plan; track your progress; and repeat.
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Which word best describes the writing process in business writing?
OA. quick
B.
recursive
OC. linear
OD. casual
E.
universal
Answer:
universal
Explanation:
the writing process in business writing is E. Universal
Explanation:
Which franchise model is applicable to the given example?
N
In case of a_____
franchise model, a franchisor expects the franchisee to hire trained employees
and provide services to the franchisor's customers.
cialized tasks
Investment franchise model is applicable to the given example
Explanation:
In this type of model the franchisee invest money and employ their own management team ,which produces return on their investment and leads to capital gain on exit.
Example of such model is large hotel chains
Answer:
Management
Explanation:
Fabian’s factory produces and sells computers and gaming consoles. Over time, he determined that he could produce gaming consoles much more profitably than computer systems. What factor affected Fabian’s decision to produce only gaming consoles? A. foreign exchange rate B. protectionism policy C. trade restrictions D. opportunity cost
Answer:
D. Opportunity cost.
Explanation:
Based on the question, the only information we have to know what led Fabian's decission is the fact that it is more profitable for him to produce gaming consoles than computer systems.Then, for him, it is costly to produce computer systems in terms of the earnings he would set aside if he does not produce gaming consoles (because he is producing computer systems instead).Then, the opportunity cost of producing computer systems it is high: he could be earning more by producing gaming consoles.Then, based on the opportunity cost, he decides to produce only gaming consoles.Many checking accounts offer multiple ways of accessing money in addition to checks. Which of these can be used to access money in a checking account?
Answer:Debit Card
Explanation:I just took the test
The options that can be used to access money in a checking account are: Debit card and Mobile banking app. Correct options are a and c.
A debit card, typically linked to a checking account, allows you to withdraw cash from ATMs, make purchases, and conduct various financial transactions by accessing the funds in your checking account. It's a convenient way to access your money for everyday expenses.
A mobile banking app also enables access to your checking account. It provides a digital platform where you can check your balance, transfer funds, pay bills, deposit checks, and even make person-to-person payments, all through your smartphone or tablet.
A credit card (option b) is not used to access money in a checking account. It allows you to make purchases on credit, and you'll need to repay the borrowed amount, possibly with interest, at a later date. A Certificate of Deposit (option d) is a type of time deposit account where you lock in your money for a specific term, typically earning higher interest, but it doesn't provide immediate access to your checking account funds.
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Complete question is:
Which of the following options can be used to access money in a checking account?
a. Debit card
b. Credit card
c. Mobile banking app
d. Certificate of deposit
which is correct?
gross pay - deductions = net pay
net pay + deductions = gross pay
gross pay + deductions = net pay
net pay- deductions = gross pay
Answer:
gross pay - deductions = net pay
Explanation:
Net pay is the amount an individual receives after all deductions. To a salaried employee, net pay is the amount that goes into his or her account. In a business transaction, net pay is the final amount received after adjusting for expenses.
Calculation of net pay involves the addition of incomes, such as commissions received, bonuses, and allowances received to get the gross income. Deductions include statutory and other voluntary deductions. Net pay is calculated by deducting deductions from the gross income.
Irfan is a small business entrepreneur who has taken a mortgage loan to finance his business. He needs to repay the loan over a span of 15 years. Which part of Irfan’s business’s balance sheet would this amount of money be seen?
A.
current assets
B.
fixed assets
C.
current liabilities
D.
long-term liabilities
E.
owners’ equity
Answer:
D.Long term liabilities
Explanation:
In simple terms, Long term debts on balance sheet are those loans and other liabilities, which are not going to come due within a period of 1 year from the time when they are created. In general terms, all the non-current liabilities can be called long-term debts, especially for the purpose of finding financial ratios that are to be used for analyzing the financial health of a company.
Answer:
D
Explanation:
It would belong term liabilities because if it is over 15 years it is a long time.
Which sentence in the text signifies the ‘tangibility’ of goods? Valerie went to a supermarket to buy some oranges. She entered the floor of the store where she found many fruits kept in cases. She asked the store helper to direct her to where the oranges were kept. She then checked the texture of the fruits to make sure they were fresh. She checked the price of the oranges. Later, at the cash register, she chose to pay with a credit card.
Tangible means that whatever it is your talking of is easily sensed, through one of the 5 senses. I'm this case the narrator used just enough description that we can get a tangible idea of the orange she picked up. "...checked the texture...to make sure they were fresh," the narrator here describes the fruit in enough detail that we can envision the tangibility of the orange.
Answer:
the sentence before the last one
Explanation:
It takes twice as long to fly to city A as it takes to fly to city B. It takes longer to fly to City B than it takes to fly to City D. It takes the same amount the same amount of time to fly to City A and City C It takes less time to fly to City E than City A Which must be true?
Answer:if those are the answer choices then it’ll be B
Explanation:
The order of the cities from closest to farthest is E, D, B, A=C.
Explanation:Given the problem, a few things can be stated with certainty. As it takes twice as long to fly to City A as it takes to fly to City B, City A is farther than City B. Similarly, since it takes longer to fly to City B than it takes to fly to City D, City B is farther than City D. The fact that City A and City C take the same amount of time to fly to indicates that they are at the same distance. Finally, as it takes less time to fly to City E than City A, City E is closer than City A.
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RSR
All payables are listed as:
ation
-
O A. Stockholders' Equity.
O B. revenue.
O c. assets.
Q D. liabilities.
RE
ht
AR
RES
R
HERE
SEE
HE
LER
RL
EME
Answer:
D. liabilities.
Explanation:
Payables are payments the business is expecting to make to its suppliers. They represent the goods and services that the company has received but has not paid. Payables are there amounts a business owes to other parties. They are debts are hence should be recorded as liabilities.
Liabilities are the financial obligations a business owe to third parties. They are debts incurred in the normal course of business operations. Liabilities are grouped as either current or long-term. Current liabilities are due within the current financial year, while long-term are payable in future financial periods.
Here's Mia's profit for the month. Decide how much Mia should put into her savings account.
Without specific financial details for Mia, a general recommendation is she should save 20% of her profit for the month according to the 50/30/20 budget rule. Therefore, if Mia's profit is $500, she should put $100 into her savings account.
Explanation:The question about how much Mia should put into her savings account is a matter of personal finance, a topic in the broader field of mathematics. However, without specific details on Mia's income, expenditure and saving goals, it's tough to give a precise amount. An often-recommended rule is the 50/30/20 budget rule which suggests spending 50% on needs, 30% on wants, and saving 20% of the income. If that rule was applied to Mia's profit for the month, she would save 20% of that total. For instance, if Mia's profit was $500, she would put $100 (20%) into her savings account. However, without specific details on Mia's income, expenditure and saving goals, it's tough to give a precise amount. An often-recommended rule is the 50/30/20 budget rule which suggests spending 50% on needs, 30% on wants, and saving 20% of the income. If that rule was applied to Mia's profit for the month, she would save 20% of that total. For instance, if Mia's profit was $500, she would put $100 (20%) into her savings account.
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Mia could consider putting $300 into her savings account if she follows the 20% guideline.
How did we get the value?To determine how much Mia should put into her savings account, one will want to consider her profit and possibly set aside a portion for savings. In this case, Mia's profit for the month is $1,500.
It's a good practice to allocate a certain percentage of the profit to savings. The percentage can vary depending on Mia's financial goals, risk tolerance, and other factors. A common recommendation is to save at least 20% of your profit. However, the specific percentage may vary based on Mia's individual circumstances.
Let's calculate 20% of Mia's profit:
[tex]\[ 20\% \text{ of } \$1,500 = 0.20 \times \$1,500 \\ = \$300 \][/tex]
So, Mia could consider putting $300 into her savings account if she follows the 20% guideline. However, Mia may choose a different percentage based on her financial goals and needs.
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Vargas Company uses the perpetual inventory method. Vargas purchased 600 units of inventory that cost $7.00 each. At a later date the company purchased an additional 1,000 units of inventory that cost $8.00 each. Vargas sold 700 units of inventory for $11.00. If Vargas uses a FIFO cost flow method, the amount of cost of goods sold appearing on the income statement will be:
Answer:
COGS= 5000
Explanation:
under the fifo method first come firs out
600*7 = 4200
100*8 = 800
Total Cost (4200+800) = 5000
Select the correct answer from each drop-down menu. Fabian inherited some money from his family and decided to open a hardware store on his own. He bought the entire inventory on credit from vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren’t any other hardware stores in the area. However, he couldn’t sell most of his stock because there did not seem to be any demand. He knew he wouldn’t be able to pay the creditors from the money the store made. What kind of ownership does Fabian have over his store? What kind of liability is Fabian open to regarding the money owed to his creditors? Fabian has over the store. He has with respect to the money owed to his creditors.
Fabian holds a sole proprietorship over his store and has unlimited liability for the debts of his business. If his business is unable to pay its creditors, they can access his personal assets to recover their money.
Explanation:Fabian has sole proprietorship over his store since he owns and operates it on his own. In terms of the money he owes to his creditors, he has unlimited liability. This means that Fabian is personally responsible for all the debts of his business. If his business cannot pay its creditors, they have the legal right to claim Fabian's personal assets including his car, house, or other assets to recover the money owed to them.
For example, let's consider this scenario: If a bank lends money to a business, as Singleton Bank did when it lent $9 million to Hank's Auto Supply, the bank records this loan as an asset, as it will generate interest income. If the business can't pay back, depending on the agreement, the bank may be able to claim the business owner's personal assets to recover the loan. Since Fabian has purchased the inventory on credit promising to pay the vendors later, similar rules apply.
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True or false you should only create a slides presentation if you know that you will be presenting in a smart Room
Answer:
False
Explanation:
The above statement is false due to following reasons;
Presentation slides can be made if there is an availability of a projector in the classroom. The laptop can be attached to the projector and the slides can be projected to a huge audience.A smart class would be very convenient but having just a laptop to show the slides can also work in some cases where the audience is small.I hope the answer is helpful.
Thanks
Answer:
C
Explanation:
The media industry is dominated by which of the following?
O
A. Innovative entrepreneurs
O
B. Monopolistic markets
O
C. Internet news sources
O
D. Media conglomerates
Answer:
media conglomerates
Explanation:
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Select the correct text in the passage. Which statement from the following text signifies a specific goal? Fiona was conducting an employee motivation exercise on the company retreat. The idea was to help the employees in creating specific goals in their lives. The exercise would help the employees realize their goals and state them clearly. In this way, they could effectively visualize their goal and work comprehensively towards achieving it. The exercise began as Fiona asked all the present employees to write down one of their goals on a piece of paper and writing their name on the back of the paper. They had to submit the papers at the end of the exercise. These individual goals would be made into proper laminated certificates and presented back to each employee with their respective goal written on it. Rachel received a certificate, which read her goal as being able to succeed in life. Harold displayed his certificate, which read his goal as being able to acquire three clients in one month. George got his certificate and he pinned it up on his desk. It said that his goal was to be able to lead others in his life. Vivian proudly displayed her certificate, which read her goal as becoming the vice-president of her company.
Explanation:
The expectation in the question is to find specific goals.
I feel Vivian has written a very specific goals which has plan to achieve and which in turn can promote organization by giving input to achieve her goal and because of her goal, she would achieve Vice-President role in the future. So it satisfies both her and the organization.
George & Rachel goal was very general. Harold is specific but it is possible to achieve it easily but does not create major impact.
-.a) State the main function of a business.
Answer:
The main function of a business is to add value to the customers they have chosen to serve.
A business simply satisfies a need or want of people and tries to make something convenient and easy for them.
The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.
Explanation:
A businessman bought a fairly used radio set for 950$ and spent 250$ for repairing it before selling it for 1500$. calculate the percentage profit
Answer:
25 %
Explanation:
Buying price for the radio $950
cost of repairs $ 250
Total cost associated with the radio
= $950 + $250
=$1200
profit from the radio = Selling price - cost price
=$1500- $1200
=$300
percentage profit =profits/cost x 100
=300/1200 x 100
=0.25 x 100
=25 per cent