All of the following involve counterbalancing errors except the failure to record prepaid expenses. understatement of inventory. overstatement of purchases. failure to adjust for bad debts.

Answers

Answer 1

The items that are not counterbalancing errors includes the failure to record prepaid expenses.

What is a counterbalancing error?

This refers to the type of error that will be offset or corrected over 2 periods of accounting.

Hence, the failure to record prepaid expenses and depreciation does not involves a counterbalancing errors.

Therefore, the Option A is correct.

Read more about counterbalancing

brainly.com/question/4560726

#SPJ1


Related Questions

According to goal-setting theory, in order for goals to enhance motivation and performance they must be Multiple Choice recognized by monetary rewards. accompanied by feedback. tied directly to the principles of scientific management. put into the labor contract.

Answers

According to goal-setting theory, in order for goals to enhance motivation and performance they must be: B. accompanied by feedback.

What is motivation ?

Motivation is something that  help  to increase a worker or an employee  performance and  productivity.

For a goals which a company what to accomplish to enhance motivation  such goals must depend on the feedback received.

Therefore the correct option  is B.

Learn more about motivation here:https://brainly.com/question/6853726

#SPJ1

Licensing of the brand, a reputation for quality, and a large number of retail stores are examples of potential blank______ that a firm may identify during a swot analysis.

Answers

Licensing of the brand, a reputation for quality, and a large number of retail stores are examples of potential strengths that a firm may identify during a swot analysis.

What is a SWOT analysis?

This is the framework that is used to know the strength of an organization, its weaknesses, its opportunities and its threats.

The SWOT analysis is useful due to the fact that it relates to situational analysis or assessment.

Read more on SWOT analysis here: https://brainly.com/question/6426686

#SPJ1

An employee is demonstrating behaviors on the job that may endanger other employees. His manager wants to refer him to the company's employee assistance program. Which situation would call for such a referral

Answers

A situation that would cause the manager to refer the employee in that manner is if the manager believes the employee's problems are related to alcohol abuse.

What happens when an employee is under the influence?

These days, company HR departments have subdepartments to help employees through various issues they find themselves in.

For instance, an employee that has abused alcohol and is behaving irrationally can be referred to an employee assistance program to help them.

Find out more on HR functions at https://brainly.com/question/25443563.

#SPJ1

The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs

Answers

The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.

Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.

It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important  that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.

Hence, option C is correct.

To learn more about financial aid here:

https://brainly.com/question/28123082

#SPJ1

Question 10 (1 point)
when thor hears where his family is vacationing that summer, he is confused
because the location sounds terribly unappealing. his mom explains that they are
going because of the resort they booked, not the outside location. based on this,
what type of resort is thor's family most likely visiting?
orecreational resort
oreclusive resort
oresort town
odestination resort

Answers

In the given situation above, Thor's family is most likely to visit a recreational resort for summer vacations.

What is a recreational resort?

A resort, which is constructed or built in such a way that it facilitates leisure activities like a hobby or sports activities, which is generally for a short term period, is known as a recreational resort.

Hence, the significance of recreational resorts is given above.

Learn more about recreational resorts here:

https://brainly.com/question/27618662

#SPJ1

Kay Company budgets overhead cost of $4,104,000 for the next year. The company uses direct labor hours as its overhead allocation base. If 90,000 direct labor hours are planned for the next year, how much overhead would be assigned to a product requiring 5 direct labor hours

Answers

Based on the fact that Kay Company will use direct labor hours as its overhead allocation base, the overhead for a product with 5 labor hours is $228.

What is the overhead assigned to the product?

This can be found as:

= Total overhead cost / Number of labor hours x Product labor hours

Solving gives:

= 4,104,000 / 90,000 x 5

= 45.6 x 5

= $228

Find out more on assigning overhead costs at https://brainly.com/question/22812280.

#SPJ1

Which nims structure develops recommends and executes?.

Answers

Answer:

Joint Information System (JIS) is a NIMS structure develops, recommends, and executes public information plans and strategies.

what is a good way to ask your teacher for a better grade

Answers

Answer:

Ask for extra credit, or if you can redo your lowest grade. Explain to them any troubles you have had or having and that you want to try your hardest to get the best grade possible

Explanation:

A company currently has sales of $700,000 and a contribution margin ratio of 45%. As a result of increasing advertising expense by $8,000, the company expects to increase sales to $735,000. If this is done and these results occur, net operating income will

Answers

If this is done and these results occur, net operating income will increase by $7750.

Net operating income

Using this formula

Net operating income=(Expected Increase in sales-Current sales× Ratio-Advertising expenses)

Let plug in the formula

Net operating income = $735,000 - ($700,000 x 45%) - $8,000

Net operating income= $7,750 increase

Therefore  net operating income will increase by $7750.

Learn more about net operating income here:https://brainly.com/question/26206936

#SPJ1

What is the result of subtracting the project costs from the benefits and then dividing by the costs

Answers

The result of subtracting the project costs from the benefits and then dividing them by the costs return on investment ROI. This is further explained below.

What is a project?

Generally, Project is simply defined as a company that is well organized to accomplish a certain goal.

In conclusion, The return on investment (ROI) is calculated by dividing the expenses of a project by the benefits it generates.

Read more about ROI.

https://brainly.com/question/17439105

#SPJ1

It will be difficult to institute fiscal policy in a stabilizing manner because politicians will find:.

Answers

It will be difficult to institute a fiscal policy in a stabilizing manner because politicians will find that budget deficits are attractive during a recession, but they will be reluctant to run budget surpluses during an expansion.

What is a Fiscal Policy?

This refers to the use of government spending in order to influence and control economic conditions such as recession, etc.

Hence, we can see that the use of fiscal policies can be difficult to be used in a stabilizing manner because while they can be used to control recession, it is difficult to use them as budget surpluses during an expansion.

Read more about fiscal policies here:
https://brainly.com/question/6583917

#SPJ1

Jennings company has total assets of $445 million. its total liabilities are $120.5 million. its equity is $324.5 million. calculate the debt ratio. (round your answer to 1 decimal place.)

Answers

Jennings company has total assets of $445 million and its liabilities are $120.5 million. The debt ratio is 2.71%.

What is the debt ratio?

The debt ratio refers to the financial ratio indicating the percentage of a company's assets that are provided via debt.

Jennings company has total assets of $445 million and total liabilities of $120.5. The debt ratio that is calculated by dividing total liabilities and assets is 2.70%.

Therefore, the debt ratio is 2.70%.

Learn more about debt ratio here:
https://brainly.com/question/14553933

#SPJ1

3. A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process-related work, and the project manager has little authority to assign resources. What form of organization must the project manager be working in

Answers

The form of organization must the project manager be working in Functional.

What is the meaning of organization?

Organization refers to the group of the people working together in order to achieve organizational goal. The aim of every organization is maximization of the profits.

In the above case, the project manager is trying to complete a software development project but is unable to get the attention on the project. all the resources are under completion of the different works.

This implies that form of organization must the project manager be working in Functional because he has little powers to make the use of the resources.

Learn more about the project here:

https://brainly.com/question/15999858

#SPJ1

Two friends decide to start selling their drone camera aerial footage. Which economic question have they answered?

For whom to produce?
How much to produce?
How to produce?
What to produce?

Answers

The economic question that the two friends have answered is D. What to produce?

What is a economic question?

It should be noted that an economic question simply means the question that seeks answers to happenings in an economy.

In this case, the economic question that the two friends have answered is what to produce since they sold drone cameras.

Learn more about the economy on:

brainly.com/question/25745683

#SPJ1

Answer:

D.  What to produce?

Explanation:

Hilltop grading, an american construction firm, recently acquired another company, earth builders, in indonesia. the high-level managers at earth builders eventually quit because they could not cope with the domineering and straightforward approach of their american counterparts. this illustrates how acquisitions may fail because

Answers

Of culture clashes between the two companies

Ivanhoe Inc. issues an $720,000, 20%, 10-year mortgage note on December 31, 2022, to obtain financing for a new building. The terms provide for annual installment payments of $150,000.Prepare the entry to record the mortgage loan on December 31, 2022, and the first installment payment on December 31, 2023.

Answers

The entries in the books of Ivanhoe Inc. to record the mortgage loan on December 31, 2022, and December 31, 2023 are as follows:

Journal Entry:

December 31, 2022: Debit Cash $720,000

Credit Notes Payable $720,000

20%, 10-year mortgage note

December 31, 2023: Debit Notes Payable $150,000

Credit Cash $150,000

Transaction Analysis:

December 31, 2022: Cash $720,000 Notes Payable $720,000

20%, 10-year mortgage note

December 31, 2023: Notes Payable $150,000 Cash $150,000

Learn more about recording business transactions at https://brainly.com/question/17201601

#SPJ1

Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.

Answers

A subsidized loan allows a borrower to borrow an amount up to the cost of attendance, minus other aids or benefits received by the person.

What is a subsidized loan?

A student loan, the facility of which is available only for students, allowing them to borrow any amount up to the cost of their attendance after subtracting the financial aids received, is known as a subsidized loan.

Hence, the significance of a subsidized loan is aforementioned.

Learn more about subsidized loan here:

https://brainly.com/question/2256061

#SPJ1

There is such a wide variety of desired goods and services in a market system because multiple choice 2 consumers change their minds frequently. individual wants are diverse. producers determine what to produce. there is always a need to produce something new and improved.

Answers

There is a variety of products in the market as the wants and needs of the individuals in an economy become diverse.

Option B is the correct answer.

What is a product?

Product refers to the goods manufactured by companies and sold by the retailers in the consumer market.

The companies in the digital world creating lots of new and innovative goods that attract the customers to buy more which results in an increase in their consumption needs. The consumption needs will then affect the wants of individuals and make them diverse and differentiated.

Therefore, the diversified wants of individuals are caused due to wide variety of products in the market.

Learn more about the product in the related link:

https://brainly.com/question/22852400

#SPJ1

Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 58,000 units of each product. Income statements for each product follow. Carvings Mementos Sales $ 974,400 $ 974,400 Variable costs 779,520 194,880 Contribution margin 194,880 779,520 Fixed costs 46,880 631,520 Income $ 148,000 $ 148,000 rev: 09_29_2021_QC_CDR-376 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.)

Answers

The computation of the break-even point in dollar sales for each product is as follows:

Carvings = $234,400 ($46,880/0.2)

Mementos = $789,400 ($631,520/0.8)

What is the break-even point?

The break-even point represents the dollar sales or units at which the entity does not incur any loss or earn any profit.

At the break-even point, the total costs are equal to the total revenue.

Data and Calculations:

                                  Carvings     Mementos

Sales                         $ 974,400   $ 974,400

Variable costs             779,520       194,880

Contribution margin    194,880      779,520

CM Ratio                        20%             80%

Fixed costs                    46,880      631,520

Income                     $ 148,000   $ 148,000

Break-even point = Fixed costs/CM Ratio

Thus, the break-even points in sales dollars are Carvings, $234,400,, and Mementos, $789,400.

Learn more about the break-even point at https://brainly.com/question/15281855

#SPJ1

Identify the group that did not experience the Tragedy of the Commons.
a) Pilgrims who landed at Plymouth Rock
b) Cigarette companies in the U.S.
c) Taxpayers in the Savings and Loan Crisis in the 1990’s
d) Fisherman on the high seas
pls answer

Answers

The group that did not experience the tragedy of the Commons is Taxpayers in the Savings and Loan Crisis in the 1990’s. This is further explained below.

What is the tragedy of the Commons.?

Generally, tragedy of the Commons is simply defined as when overconsumption and underinvestment lead to a common pool resource's depletion, an issue known as the tragedy of the commons.

In conclusion, Taxpayers in the Savings and Loan Crisis of the 1990s were the only group to escape the tragedy of the commons.

Read more about tragedy of the Commons.

https://brainly.com/question/9680058

#SPJ1

The control function of management (select all that apply): Multiple select question. gives workers the education and tools they need to make decisions measures performance relative to the planned objectives and standards takes corrective action when necessary rewards people for work well done

Answers

The control function of management are:

Takes corrective action when necessary.Measures performance relative to the planned objectives and standards.Reward people for work well done.

What is control function?

The control function of management helps those in authority check and ensure that any error observed are quickly corrected and also assist to prevent reoccurrence.

Hence, the control function of management are takes corrective action when necessary and measures performance relative to the planned objectives and standards.

Learn more about control function here : https://brainly.com/question/26743467

#SPJ1

Andy has a parcel with an elevation that is substantially lower than most of the neighboring properties. in order to have the same view as neighboring parcels, a house built on his parcel will have to be 18 feet higher than the height limit for the zoning district. if he is to build such a house, he will need:

Answers

If Andy is to build a house with such an elevation, he will need a variance from the relevant authorities.

What is Variance?

This is defined as an exception to the set of rules a municipality applies to land use and development.

Andy wants to have the same view as neighboring parcels and will need to have the building elevated which is different from that of others is why he will need a variance.

Read more about Variance here https://brainly.com/question/26997143

#SPJ1

what is plan and goal?​

Answers

Answer:

Plan can be defined as the steps that you have set or layed down to achieve a goal

While goal are those things that you have planned to achieve in a lifetime, goals are mainly priorities. hope this helps

As the ceo of a mid-size airline, karyn knows that most commercial airplanes are manufactured by either airbus or boeing. To mitigate the ________ of the airline industry, karyn explores options for her company to manufacture its own airplanes.

Answers

To mitigate the bargaining power of suppliers of the airline industry, karyn explores options for her company to manufacture its own airplanes.

What is bargaining power of suppliers?

Bargaining power of suppliers occur when companies or organization are under pressure  when the price of the product they purchase from a supplier increase or when their is scarcity of the product.

Based on the scenario in order to mitigate Bargaining power of supplier karyn by telling the company to produce their own product.

Therefore to mitigate the bargaining power of suppliers the  company should  manufacture its own airplanes.

Learn more about Bargaining power of suppliers here:https://brainly.com/question/26500183

#SPJ1

Bill pay powered by melio allows you to fund payments to vendors using which 3 methods?

Answers

Bill pay powered by Melio allows you to fund payments to vendors using the 3 methods of:

Debit card. Credit card.EFT from their bank.

What is Bill Pay powered by Melio about?

This is known to be a new feature that allows all users to book their vendor payments through the use of their Debit card, a Credit card, or EFT obtained from their bank and then it is used to issue or sends payment to their vendors.

Therefore, Bill pay powered by Melio allows you to fund payments to vendors using the 3 methods of:

Debit card. Credit card.EFT from their bank.

Learn more about Bill from

https://brainly.com/question/2933232

#SPJ1

When a doctor schedules you for a surgery and requests that the hospital have specific instruments and supplies for your procedure, who initiates the buying process

Answers

The doctor is responsible for supplying the required instruments for the surgery procedure.

What is the real meaning of a doctor?

A person certified to exercise medicine, as a physician, surgeon, dentist, or veterinarian. someone who has been presented with a doctor's degree can be called as Doctor. He is a Doctor of Philosophy.

The buying process of surgical equipment for the successful operation of a patient is initiated by the doctor and the hospital authorities.

Therefore, The doctor is responsible for supplying the required instruments for the surgery procedure.

learn more about doctors here:

https://brainly.com/question/9663298

#SPJ1

What is the area of the triangle below?
4
18

Answers

72 its because 4 x 18 equals 72

What was one benefit of the transcontinental railroad? it made cross-country travel times longer. it ended many risks of traveling cross-country. it stopped trade with asia.

Answers

The benefit of the transcontinental railroad was that it ended many risks of traveling across the country.

Why was the transcontinental railroad created?

The American railroad, was created in 1869, with an important innovation through the connection between the coasts of the Atlantic and Pacific oceans, having as benefits the expansion of commercial and passenger transport routes in America.

Therefore, the transcontinental railroad was built using mechanized technology in the 19th century, increasing the safety and speed of travel.

Find out more about transcontinental railroad here:

https://brainly.com/question/11433327

#SPJ1

In the context of influence tactics, _____ is particularly effective for gaining support and resources for a new project.

Answers

In the context of influence tactics, consultation is particularly effective for gaining support and resources for a new project.

What is Consultation?

This refers to the external use of a person or source to gain knowledge or seek perspective about a particular thing.

Hence, we can see that in the context of influence tactics, the use of consultation is a very effective tool as it can be used to gather support and resources for a given project due to the involvement of external forces.

Read more about influence tactics here:

https://brainly.com/question/13931577

#SPJ1

Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur

Answers

Answer:

capital

Explanation:

bulldozer is bought with capital.

Other Questions
In which table does yvary directly with x? Rice Yield = 600 - 2.05 * Maximum Temperature, R-Squared = 0.05, Standard Error of Regression = 11.5. (a) What is the interpretation on the coefficient on Maximum Tem perature in this regression? (2 Marks) (b) If Average Maximum Temperature in a district during the growing season is 25C, what is the annual rice yield in that district? (1 Mark) (c) How do you interpret the R-Squared coefficient in this regression? (1 Mark) (d) A district had an Average Maximum Temperature during the growing season of 25C , and suppose it increased to 30C, What is the regressions prediction for the change in this districts Yearly Rice Yield? (1 Mark) Outside the Eastern GateOutside the Eastern gateAre girls many as the clouds;But though they are many as cloudsThere is none on whom my heart dwells.White jacket and grey scarfAlone could cure my woe.Beyond the Gate TowerAre girls lovely as rush-wool;But though they are lovely as rush-woolThere is none with whom my heart bides.White jacket and madder skirtAlone could bring me joy.Based on this excerpt from Book of Songs, what is the theme of this poem?heartache of being alonefear of womenrush of meeting new peoplejoy of new love Active32D(X)4 5de89TIME REMAINING50:1610Which input value produces the same output value forthe two functions on the graph?O x=-1Ox = 0Ox = 3O x = 4whats the answer Point D is the midpoint of AB and point E is the midpoint of BC. Select all of the statements to the right that must be true. Type the correct answer in the box.use numerals instead of words. if necessary, use / for the fraction bar. abc is a right triangle in which b is a right angle, ab = 1, ac = 2, and bc = . cos c sin a = PLEASE HELPP! Reading guide: The Lonely Death of George BellUse grammatically correct, complete sentences to respond to the following prompts.1. Explain the main idea from paragraph 1.2. What was the first indication that something was wrong with George?3. Why did the author use the word "sobering" to describe the reality that George Bell haddied alone in his apartment?4. Explain why the following sentences are heart breaking:"George Bell-a simple name, two syllables, the minimum. There were no obviousanswers as to who he was or what shape his life had taken. What worries weighed onhim. Whom he loved and who loved him."5.Paraphrase: " (Death) closes doors but also opens them."6. What is the first thing the reader learns about George's personal life?7. What is the first obstacle that the police face upon finding George dead?8. What is the purpose of agencies like the Queens County9. Why do the investigators who go through George's apartment see "human existence thatfew others did?"10. Explain the condition of Mr. Bell's apartment.11. What are the investigators specifically looking for?12. What odd things were found in the apartment that investigators associated with Mr. Bellbeing a hoarder?13. The investigators talk about how their jobs have changed the way they think about life.Explain what they have learned. (Mr. Rodriguez and Mr. Plaza)14. How do the investigators piece together George Bell's life?15. What surprising detail emerged from the investigation of documents in his apartment?16. Why does it take so long to take George Bell's body to the crematorium?17. Why do the investigators attempt to find George Bell's living relatives?18. When the investigators contact George Bell's friends, what do they find out about him?19. What happens to George Bell's money?20. Explain how Mr. Higginbotham felt about inheriting the money from George Bell.21. Explain why you think George Bell cut himself off from society towards the end of his life.22. Explain how you feel about the details of his private life being made so public. URGENTNNN!!!! HELP PLEASSEEEE!!!!!Stacey has put together a portfolio of her best nature and flower photograph. all of the images are vibrant and filled with rich tones and bright hues. She has organized them starting with the deeper violet and indigo shades of flowers followed by oranges, red, yellows, and wrapping up with greens and emeralds. How could one describe the way that Stacey has organized her portfolio?1.sequenced by place2.sequenced by subject 3.sequenced by color4.sequenced by date Uranium-235 FissionGiven: energy released = about 200 MeV per individual reaction (mass = 235 amu)Part AFind the balanced nuclear reaction. Which route represents the path taken by the portuguese explorer ferdinand magellan? Cynthia knows she should not drink alcohol or do drugs, and she has avoidedthese things her whole life. However, lately, she suspects her brother mightbe sneaking liquor into his room late at night. She has always been closefriends with her brother, and she doesn't want him to be mad at her, but shealso doesn't want him to hurt himself. What should Cynthia do? i forgot how to do some maths so i need help: solve 2x + 3 = -1 how many abortion clinics are there? What is the smallest number of marbles that could be divided up either into bags of $18$ marbles or into bags of $42$ marbles, with no marbles left over in each case help me with this problem please im confused 2 ways in which a person can show the love of God/ divine in their life. Y por haberse multiplicado la maldad el amor de muchos se enfriar. What are the factors pair of 32. Please answer the question correctly or else i will report you there are several affairs that take place throughout the course of the novel. consider the marriage of the king and queen, monsieur and madame bonacieux, and athos and milady. what is the view of marriage in the three musketeers? write at least three sentences. can i have help with this