Indicate which situations would require Zenda Company to record revenue in the current period.

Answers

Answer 1

Answer:

c & d

Explanation:

Option includes "a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash.  d. Zenda performs services on account."

Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.


Related Questions

Which of the following is an example of a worker who has work/life balance
conflicts?
O A. A woman refuses to answer emails from the office when she is
not working
B. A man has missed all his daughter's ball games because he works
too much.
C. A woman has her office emails forwarded to a coworker while on
vacation.
D. A man receives notifications when he gets a new email at the
office,

Answers

Answer:

A man has missed all his daughter's ball games because he works

too much.

Explanation:

seems like it

Answer:

A man has missed all his daughter’s ball games because he works too much

Explanation:

A p e x

Consistent with____recognition principle, companies record revenue at the time goods are provided to customers.

Answers

Answer:

Revenue

Explanation:

In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.

It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.

Which is the main reason why IT professionals need to pursue continuing education and self-directed learning?
to obtain a formal degree
to develop a broad historical perspective
to meet legal training requirements
to maintain and improve professional skills

Answers

Answer:

B

Explanation:

Continuous professional development gives people the chance to improve their existing abilities and fill in any knowledge gaps, giving them an advantage in situations where they might need it, like a job interview.

Thus, Option D is correct.

What does professional development serve as?

To support individual, school-wide, and district-wide improvements for the objective of raising student achievement, professional development aims to enhance knowledge and abilities. Federal and state mandates place a constant increase in demands on educators.

The rules and expectations for all public schools across the nation have drastically changed as a result of the federal No Child Left Behind legislation. One of the numerous modifications is the requirement that all professional development be directed on raising student accomplishment.

Therefore, professional development typically entails teachers expanding their knowledge of instructional strategies or extending their comprehension of academic content.

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Which one of the following products would tend to have inelastic demand?
A) luxury sedans
B) candy
C) crude oil
D) Black Angus T-bone steak

Answers

Answer:

C) crude oil

Explanation:

Crude oil and its byproducts (gasoline, plastic, etc.) have a very inelastic demand, e.g. the price elasticity of gasoline is between -0.02 and -0.04.

On the other hand, luxury goods have a very elastic demand, totally opposite to oil. The same applies for the demand of candies. While the demand for beef tends to be unit price elastic (or near it).

In a small company's accounting department, the accounts receivable coordinator often takes the role of the ___.

Answers

Answer: B. credit and collection manager

Explanation:

In a small company, employees will typically have to act in more than one role but usually in roles that are related. As the Accounts Receivable coordinator, the closest role in the options would be that of Credit and Collection manager.

As Accounts receivable coordinator, the person is in charge of the accounts of those who owe the company so that there are no problems in payments, records or other errors and problems.

As Credit and Collection manager, their jobs will be similar as the credit and collection manager is in charge of evaluating potential debtors as well as following up on actual debtors to ensure that they pay what they owe the company.

The Future Lab Program, which is a part of Sony's investment in R&D, embraces an approach to technological R&D that emphasizes an open creative environment and direct lines of communication with society, with the end goal being to co-create new lifestyles and customer value. Does Sony create significant customer value? Does Sony create new lifestyles?

Answers

Answer:

Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.

why should every school have a library​

Answers

So students can learn some information of history of the past or animals or any kind of info. Also, some students love fairy tales and like to entertain themselves. Books can also improve students that have trouble with reading.
(You’re welcome)

g equals the g spot so d equals?

Answers

Answer:

Dark sport

Explanation:

D stands dark

Factors that influence pricing

Answers

Marketing’s four Ps – product, price, promotion and placement – are the basic components of any marketing mix. The decisions you make with regard to all of these elements can mean the difference between success and failure. There are many factors that will have an influence on how you set the price for your product or service, with some of them internal and some external, and most of them will fluctuate over time.

Effect of Competition
A competitive pricing strategy, where prices for a product or service are set based primarily on the prices of the competition, is best suited for a price-sensitive and highly competitive market. Whether you use this type of strategy or not, you should always take your competition’s pricing into account when setting your own pricing, unless you hold a monopoly. If consumers perceive your product and your competition’s as having equal value, you could lose out in a big way if your competitor’s price is lower than yours is.

Market Demand Pricing
The laws of supply and demand should always come into play when setting your pricing. If a product is in high demand, particularly if demand exceeds supply, then the market can bear a higher price. Conversely, if demand dwindles, consumers will not be willing to pay higher prices. Your pricing should remain relatively stable over time, but you can put promotions in place to discount the price when needed.

Price is a Part of Brand Strategy
Setting your prices without a thorough grasp of your brand objectives can destroy any brand-building efforts. Your price is a part of your brand image. Think about Walmart, which has built its entire brand around low pricing, or Tiffany & Co., whose consumers expect high-end pricing. If your products’ prices are not in line with your brand image, you will most likely confuse consumers instead of convert them.

Cost of Goods Sold
If you want to make a profit on the sale of your products, you must charge a higher price than what it cost you to actually produce and transport them. The cost of goods sold almost always plays an integral role in any pricing strategy. The exception to this is if you are promoting your product as a loss leader.

A loss leader is a product that is sold below cost as an incentive for consumers to purchase other products at normal prices. Many mobile carriers, for example, sell cell phones at hugely discounted rates so that consumers will sign on for one of their cell phone service packages.

Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.

Answers

Answer: A - expands the frontier on their production possibilities curves

Explanation:

It was correct when checked

Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.

What is business growth?

An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.

Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.

Hence, option A holds true regarding the business growth.

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The Kingdom of Mocha enjoys no absolute advantage in crude oil, diamonds, or wool. However, the Mochans manufacture high-quality bows and arrows. Which statement about the Mochans is true?

Answers

Answer:

The Mochans have a comparative advantage in the production of bows and arrows.

Explanation:

Comparative advantage is defined as the ability of a country to produce a product at a lower cost compared to other countries.

In such a situation it will be cheaper for other countries to buy the products than to produce it themselves.

In this scenario the Mochans manufacture high-quality bows and arrows, so they have comparative advantage in producing these goods.

However they have no absolute advantage in crude oil, diamonds, or wool. So they do not have comparative advantage in producing these products and will be better off buying them from other countries that produce them at a cheap rate


You earn a salary of $52,000 per year and get paid biweekly. Calculate
how much GROSS PAY you will earn for one paycheck.

Answers

Answer:

$2,166.60

Explanation:

Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.

Pls hurry ________structures are laid-back and undefined.
4.
A. Matrix
B. Learning
C. Informal
D. Staff

Answers

The answer I believe to be is C

2. An organization's products and services are the driving force in accomplishing
its purpose.
A. True
B. False

Answers

I believe the answer is B. False

if a food server worker follows directions, how long does it take to wash his/her hands

Answers

Not so sure but I feel like a good 20/30 sec. would be good

Answer:

A food server worker should wash his/her hands for 20 sec or longer.

Hopefully this helped :)

Television commercials are an example of which type of promotion?
1. Personal selling
2. Publicity
3. Advertising
4. Sales promotion

Answers

Answer is number 3 advertising

Answer:

The answer is Advertising.

Explanation: This is because, on TV, people get to see advertisements. So, when you see TV commercials, that is an advertisement type of promotion. Hope this helps!

nadia loves to make pottery and would like to open her own business. Is that a business idea or a business opportunity?

Answers

I would say business idea
It’s a business idea because she would like to (dream) in having her own business

1. Explaining Why does a natural disaster (drought, flood) in an agricultural
region almost always result in higher prices for commodities and consumer
goods?

Answers

If natural disasters or flooding occur, there is not enough goods for everyone, so only those who are willing to pay more, or the rich, can buy the goods.

According to the video, which workers traditionally become Construction Managers?
help plsssssssssssssssssssssssssss

Answers

Answer:

A is the answer

Answer:

the answer is construction craftspeople with many years of experience

Explanation:

Trial courts determine if a will is valid or not. O True O False​

Answers

Answer:

A valid will has to be in writing, and signed by the testator in the presence of two witnesses, who must also attest the will. If the process is not followed to the hilt, the will can be challenged in the court of law. So the answer is true.

1. Imagine that you are considering expanding and diversifying your tech business into international

markets. Before you decide to make this shift in your company, you want to weigh the advantages

and disadvantages of international trade. Identify and analyze several advantages and several

disadvantages that you would consider and explore how international trade may impact the

decisions that you make for your business. Explain. Then discuss the impact of cultural and social

environments on global trade.

Answers

Answer:

A good way to determine if expanding the business into international trade is to use a tool to analyze the international enviroment.

The tool that can be used is PESTEL, which is an accronym for Political, Economical, Social, Technological, Enviromental, and Legal factors.

To complete a Pestel, the strategist of the company simply has to add the relevant factors related to the external enviroment in each one of the six cateogories.

Like this, the strategist can analyze the international enviroment, in order to determine whether it is advisable to expand the technological business or not.

Hospital services are provided by the government and paid for through taxation. People cannot always get the treatment they require because of long waiting lists. What is an example? A. external cost B. market system C. perfectly inelastic supply D. scarcity

Answers

Answer:

D: scarcity

Explanation:

Give four examples of routine decisions.

Answers

Answer:

What you're going to eat, what you're going to major in, whether you're going to hang out with friends or not, or where you're going to work

How is it possible to have a large amount of assets but only modest net worth?

Answers

Answer:

one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth

It's possible that you spent more money on the assets than they were earning. To put it another way, some assets could have a low or negative net worth.

What is meant by assets?

An asset is a resource with economic value that a person, company, or nation owns or manages in the anticipation that it may one day be valuable. Assets are listed on a company's balance sheet. They are broken down into four groups: present, fixed, financial, and tangible.

In a nutshell, yes cash is the largest asset and a current asset on a company's balance sheet. Using cash, the most liquid asset type, is the simplest way to acquire other assets.

An asset is something or someone that is beneficial or helps a person or organization prosper. Our inventiveness is our greatest asset in the technology field. single-word noun.

Thus, It's possible that you spent more money on the assets than they were earning.

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Which of the following is the best definition of a bit?

A. A measure of computer graphics and sound

B. A physical signal that becomes a digital signal

C. single 1 or 0 in a digital signal

D. An electrical signal in a wire

Answers

Answer: A single 1 or 0 in a digital signal

A measure of computer graphics and sound is the best definition of a bit.

Which of the following is the best definition of bit?

A bit (binary digit) is the smallest unit of statistics that a laptop can system and keep. A bit is always in one in all two bodily states, just like an on/off light transfer. The state is represented by a single binary price, typically a zero or 1.

Which of the subsequent is the best definition of a modern-day laptop?

A pc is a device or tool that plays techniques, calculations, and operations based totally on commands furnished with the aid of a software or hardware program. It has the ability to simply accept facts (input), manner it, after which produce outputs.

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Bernard is a trainee accountant. His manager asked him to record a loss on the sale of machinery in the business’s temporary account. To which type of account was Bernard’s manager referring? A. Personal B. Real C. Nominal D. Asset E. Liability

Answers

Answer:

The answer is C.

Explanation:

Nominal Accounts are also known as temporary accounts.

Differentiate between generic and enterprise competition

Answers

Answer:

Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.

Differences between generic and enterprise competition

Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterprise

For better understanding, lets explain what Differences between generic and enterprise competition

Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer need

Competitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterprise

From the above, we can therefore say that the answer

Differences between generic and enterprise competition

Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterprise

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In which career is it most important to exercise and take physical care of yourself?

A) therapist
B) child care provider
C) Interviewer
D) management

Answers

answer: a therapist

Answer: therapist

Explanation: i just took a test over this <3

1. When would a corporation make sense for a business, such as a construction company?

Answers

Answer:

when they can make profits

Explanation:

A corporation simply refers to a company that can be for-profit or non-profit that is authorized and recognized to act as a separate entity in law.

Thus, for a corporation to be categorized or make sense as a business it needs to fulfill the main objective of a business, which is profit-making. By so doing, the construction company would make sense for a business.

Which of the following is not a key element of the Sarbanes Oxley Act to improve corporate governance?a) The establishment of the Public Company Accounting Oversight Boardb) Requiring a company’s annual report to contain an internal control report that includes management’s opinion on the effectiveness of internal controlc) Severe criminal penalties for retaliation against "whistleblowers"d) Requiring that the company’s performance reports are prepared in accordance with generally accepted accounting principles

Answers

Answer:

d) Requiring that the company's performance reports are prepared in accordance with generally accepted accounting principles

Explanation:

The Sarbanes Oxley Act of 2002 was formed to set new guidelines for public companies located in the United States. There are eleven sections contained in the act and three key ones mentioned in the options above include;

1. The establishment of the Public Company Accounting Oversight Board: This board was to be in charge of the registration of auditors, providing auditing services, and overseeing audit forms.

2.  Requiring a company's annual report to contain an internal control report that includes management's opinion on the effectiveness of internal control: Financial reports produced by the companies were to have the certification of the managers and accounting officers of the reporting organizations.

3. Severe criminal penalties for retaliation against "whistleblowers": Severe penalties were to be applied on any who engaged in financial crimes, or even discriminated against whistleblowers.

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