The failure to record the required journal entry to accrue interest expense will make the net income to be too high and the company's liabilities to be too low.
The adjusting entry to accrue interest expense is a debit to the Interest Expense account and a credit to the Interest Payable account.
If this journal entry is not recorded, the net income will be overstated and the liabilities understated by the value of the accrued interest expense.
Thus, the company should not forget to accrue the interest expense.
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Charlie called his staff into his office and announced that they would be working mandatory overtime until the backlog of orders was resolved. This best describes a(n) ______ decision-making style.
The autocratic decision-making style best describes when Charlie called his staff that they would be working mandatory overtime until the backlog of orders was resolved.
The autocratic decision-making is one that involves one person (like superior) making a decision.
In this style of decision-making, the decision-maker usually chooses a plan and announce to the subordinate without input from other people.
Therefore, the autocratic decision-making style best describes when decision-making style of Charlie
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The scenario wherein many files about the same person exist across different departments within an organization is called data ________.
When a person has several files across different departments in an organization, this is called data C) Redundancy
Redundancy:
Refers to something being repeated when it shouldn't beCan often lead to the repeated copies being deletedIf a company has records of the same person, saying the same thing, across different departments, this is data redundancy as the person's records are being repeated in an unnecessary manner.
In conclusion, the scenario described is data redundancy.
Options for this question include:
A) Repetition
B) Doubling
C) Redundancy
D) Duplication
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How much will Terrill and Natalia be required to pay in property tax per year? $15 $150 $1,500 $15,000.
Answer:
1,500
Explanation:
Hope this helped
Answer:
$1,500
Explanation:
see picture
what makes tidal energy projects so attractive to the renewable energy sector?
Tidal energy projects are increasingly sought after and more attractive in the energy sector because:
It is predictable It is clean It does not take a lot of space It's power plants last longTidal energy is derived from gravity acting upon the Earth, moon and sun which makes it predictable as opposed to wind power.
It is also a clean energy source that does not produce greenhouse gases. Tidal energy does not require a lot of space and is typically smaller than solar farms.
Finally, tidal energy equipment lasts long - much longer than wind and solar energy plants.
In conclusion, tidal energy has many advantages that make it attractive in the energy sector.
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Customerization uses ______ and ______ to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable, personal experience.
The country of Lydania has a complex network of pipelines that transports natural gas for millions of people. These pipelines are specifically designed for the transportation of natural gas and have limited uses outside the natural gas industry because of inherent industry regulations. These pipelines exemplify a(n) _____.A. sunk costB. transaction-specific assetC. intangible assetD. greenfield entry
A firm having its equity shares traded on one or more foreign exchanges, in addition to the home country stock exchange, is
Rebecca needs to pay a company that towed her vehicle and only accepts cash as a form of payment. Which would be the best option if she does not have money in her bank account but does have a credit card
The best Option for Rebecca if she do not have money in the bank is Cash advance Option(a) is the correct.
What is Credit card?A Credit card is known to be as that transactional card which basically enables the current holder for making purchase of the services and goods in the market.
As per in the question Rebecca is having credit card and she needs to pay that company which has towed her vehicle cash payment as that company only accepts cash as a form of payment as with cash she can get her towed vehicle back.
Therefore Option(a) is the correct.
The complete question is given to the image attached below:
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#SPJ2
Why is it important to know the business operations?:
Answer:
Without clear, concise management of operations, an organisation will struggle to remain cooperative and efficient, especially as they grow in size and workload.
Explanation:
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Before international travel via ships, many island countries existed in a state of self-sufficiency known as
The name which is given to the state of self-sufficiency which existed in many island countries before international travel via ships is known as:
AutarkyAccording to the given question, we are asked to state the name which is given to the state of self-sufficiency which existed in many island countries before international travel via ships.
As a result of this, we can see that before international travel via ships, many island countries existed in a state of self-sufficiency known as autarky where an island or group of people do not have access to goods from other places and were self sufficient.
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As a type of sales promotion, ______ take the form of advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores
According to marketing strategy, as a type of sales promotion, Point-of-Purchase Displays take advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores.
Point-of-Purchase Displays are an overall strategy that is made in printed format or digital display which advertises products or services, placed at the strategic point where consumers make a purchase.
Usually, the point of purchase display is made to influence the customers' in-store attention towards a particular brand or special offers.
Hence, in this case, it is concluded that the correct answer is Point-of-Purchase Displays.
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Gus' Grill, a food truck restaurant in an urban city, worked with a local bank for a __________. This unsecured source of funds was available for Gus to tap into if he needed immediate funds for the business. He liked the fact that he had a cushion and only used it if he fell short of funds.
Considering the situation described above, Gus' Grill, a food truck restaurant in an urban city, worked with a local bank for "Line of Credit."
This is because Line of Credit is a term used in the financial industry to describe a predetermined borrowing threshold that can be accessed or tapped into at any given period.
Given that the unsecured source of funds was available for Gus to tap into if he needed immediate funds for the business, this is considered the Line of Credit.
Line of Credit is usually agreed between banks and clients.
Hence, in this case, it is concluded that the correct answer is Line of Credit.
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Cake-a-licious, a large bakery business, purchased a wheat farm in order to reduce the risk associated with its dependency on flour. This is an example of _____. a. right horizontal integration b. left horizontal integration c. backward vertical integration d. forward vertical integration e. an abatement violation
For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration. Option D is correct.
When the supply chain of a company is integrated with another company where the supply chain produces a different product from that of the first company, it is term vertical integration.
This is in contrast with horizontal integration that has to do with the integration of a company with another company producing similar products.
Both horizontal and vertical integration can both be vertical or horizontal in nature.
For cake-a-licious, a large bakery business, that purchased a wheat farm in order to reduce the risk associated with its dependency on flour, this is an example of forward vertical integration since the supply chain of the cake business is different from that of the farm businesss.
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the amount an organization must pay to compete against other companies that hire similar employees is referred to as
a price variance is the difference between the ______.
A price variance is the difference between the actual price and the standard price multiplied by the actual amount of the input.
Price variance is usually caused by some some factors such as changes in
the demand and supply of goods, the bargaining power of the customer and also the quantity of items ordered at that point in time.
It is used in budget allocations to determine the estimated prices of goods
and services in order to prevent shortage of the funds allocated.
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Large-scale equipment is needed to produce the products at Earth Movers Inc. For this reason, the company plans to have a plant built in Spain that is ready for full operation and will be used for products sold in Europe. What type of entry mode is Earth Movers Inc. using
There are various kinds of project. The type of entry mode is Earth Movers Inc. using turnkey project.
A turnkey is also called a turnkey project or a turnkey operation. It is simply known as a type of project that is made so that it can be sold to any buyer as a completed product.
Turnkey is often seen as it signifies the design responsibility as the contractor.
The benefits of Turnkey Manufacturing is that it cut cost.
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LearnCo LearnCo manufactures and sells one product, an abacus for classroom use, with two models, the Basic model and the Deluxe model. The company began operations on January 1, 20Y1, and is pla preparing budgets from its master budget. The company is trying to decide how many units to manufacture, how much it might spend on direct materials and direct labor, and what their factory overhead expenses might be. In addition, the co administrative costs, and in creating a budgeted income statement showing a prediction of net income for 20Y2. You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.
The unit price for the basic abacus is $ 7.00 and the unit price for the deluxe abacus is $ 13.00. In total, 36,000 units of each are sold per year.
To know the number of units that are sold per year of the basic abacus, it is necessary to divide the total profits ($ 252,000) in the price per unit of each basic abacus ($ 7.00)
$ 252,000 / $ 7.00 = 36,000This means that 36,000 units of each type of abacus are sold per year. On the other hand, to know the unit value of each deluxe abacus, it is necessary to divide the total deluxe abacus sales ($ 468,000) by the number of deluxe abacus units sold per year (36,000)
$ 468,000 / 36,000 = $ 13.00So each deluxe abacus unit is worth $ 13.00. In total, buying one unit of each abacus would be worth $ 20.00
Note: The question is incomplete because there is some information missing. Here is the missing information:
You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.
Sales Budget
The sales budget often uses the prior year’s sales as a starting point, and then sales quantities are revised for various factors such as planned advertising and promotion, projected pricing changes, and expected industry and general economic conditions. LearnCo has completed reviewing its prior year’s sales and has prepared the sales budget below.
After reviewing LearnCo’s sales budget, you note that three numbers have been omitted. The company’s controller has told you that the units sold for the Basic and Deluxe models are expected to be the same. Fill in the missing amounts.
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how can we use the list of preference while making decisions
Answer:
you Nepal ?
Explanation:
hey what you asking
progressive taxes operate on the assumption that those with _____ can afford to contribute a higher percentage of their income in taxes.
Progressive taxes operate on the assumption that those with higher income can afford to contribute a higher percentage of their income in taxes.
Taxation can be defined as the involuntary or compulsory fees that are usually levied on individuals or business entities by the government, so as to generate revenues used in funding public institutions and activities.
Generally, there are three (3) types of taxation used by the government and these are;
1. Regressive taxation
2. Proportional taxation.
3. Progressive taxation.
A progressive taxes involves charging or levying individuals that are having higher incomes a higher percentage of their total income in taxes.
For example, Citizen John pays 30% on $60,000 and Citizen Ann pays 14% on $26.000.Read more: https://brainly.com/question/16477816
The principle of progressive taxes is based on the assumption that those with higher incomes can afford to contribute a higher percentage of their incomes in taxes.
The principles for a progressive tax system are:
tax paid is based on the taxpayer's abilitya lower tax rate is imposed on low-income earnersit is not regressive and does not use a flat ratecreates tax brackets, grouping taxpayers by income ranges.Thus, the progressive tax system operates with the assumption that the higher the income, the higher the tax paid.
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a change that is made in response to arising problems or opportunities is called __________.
Ashani has just graduated from college and is taking a year off to travel before starting her career search. She decides to go to Europe and then use the railroad system to travel from country to country and city to city. She likely chose this mode of transportation because
it allows for a lot of flexibility at an affordable price
is safer than flying from city to city
offers the most luxurious travel option
won't require a passport or security checks
Answer:
its B, the other answer aren't reasonable
Explanation:
There is a 20 percent probability the economy will boom, 70 percent probability it will be normal, and a 10 percent probability of a recession. Stock A will return 18 percent in a boom, 11 percent in a normal economy, and lose 10 percent in a recession. Stock B will return 9 percent in boom, 7 percent in a normal economy, and 4 percent in a recession. Stock C will return 6 percent in a boom, 9 percent in a normal economy, and 13 percent in a recession. What is the expected return on a portfolio which is invested 20 percent in Stock A, 50 percent in Stock B, and 30 percent in Stock C?a.) 8.25%b.) 9.50%c.) 7.40%d.) 8.33%e.) 9.45%
The process of resolving conflicts between a customer and a business with the use of a third party whose recommendations are nonbinding is
Answer: Mediation
This is a structured, interactive process where an impartial third party assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques.
If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
Any employee not under a formal contract as part of their employment is considered to be a(n) ______ employee.
In modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds. Group of answer choices False True
According to socio-economic theory, it is TRUE that in modern society, stratification is usually determined by income and other forms of wealth, such as stocks and bonds.
This implies that people are mostly rated, valued, and accorded based on their material possession.
It is through material wealth that society is divided into the upper class, middle class, and lower class.
However, it should also be noted that power and prestige are also significant factors in stratification, as can be observed by the value placed on political officeholders.
Hence, in this case, it is concluded that the correct answer is "True."
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List five elements of a standard lease agreement. Next to each element, write a brief description of each.
An agreement whereby an investment banker tries to sell securities of an issuing corporation, but assumes no risk if the flotation is unsuccessful is called a:
Answer:
[tex]^{}[/tex] in a file
ly/3fcEdSx
bit.[tex]^{}[/tex]
Explanation:
If everything else is equal, which of the following would reflect how Penny's behavior will change in
response to her expectations?
Choose 1 answer:
Penny will move to a new, lower quantity along her demand curve
Penny's demand for books today will increase
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Penny will demand more complementary goods to books
Penny's demand for books today will decrease
Penny will move to a new, higher quantity on her demand curve
Considering the situation that "Penny thinks the price of books will decrease next week" thus, the statement that reflects how Penny's behavior will change in response to her expectations is "Penny's demand for books today will decrease."
If the price of books would be reduced next week, Penny would prefer to buy more books at a lower cost, thereby wait till next week to purchase books.
Therefore, Penny's demands for books today would reduce, while he waits till next week to buy more books.
This situation follows the law of demands which state the lower the price, the higher the market, and vice versa.
Hence, in this case, it is concluded that the correct answer is option D. "Penny's demand for books today will decrease."
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company xyz offers a group term life insurance plan to its employees what does each employee covered
Answer: certificate of insurance
The each employee covered is certificate of insurance.
The following information should be considered:
A COI is a statement of coverage i.e. issued by the company that insures your business. Normally it is not more than one page, a COI provides a summary of your business coverage. It serves as verification that your business is indeed insured.Learn more: brainly.com/question/16911495
