Answer:
Ms. Woods is using the better procedure.
Explanation:
Although is not necessary to prepare a balance sheet and an income statement daily, they should be prepared as often as feasibly possible anyway, because both financial statements provide crucial information to take decisions.
The balance sheet provides a snapshot of the assets, liabilities and equity of the firm, while the income statement provides a more fluid picture of what the firm has earned in the form or revenue, and lost in the form of expenses, over a specific period of time.
Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?
Answer:
с. Purchases and Creditors
Multiple choices
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
Which option is an example of labor as a factor of production?
O A. A tree used to make paper
B. An artist painting a picture
O C. A government increasing taxes
O D. An industrial assembly line
Answer: B
Explanation: An artist painting a picture
An example of labor as a factor of production is An artist painting a picture. Thus the correct option is B.
What is a factor of production?The factors of production are referred to as elements or resources that are used in the process of production in order to strengthen the economy of the country. This factor includes land, labor, capital, machinery, and so on.
An artist refers to an individual who has a keen interest in the artwork. He is a person who creates unique images by using creativity, innovation, colors, knowledge, and an artistic approach.
Labor as a factor of production is considered physical labor involved in producing goods and services. Here the artist is physical labor that is creating painting considered as a factor of production.
Therefore, option B is appropriate.
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Completed work for a client and sent a bill for 27000 to be paid within 30 days
Pass a journal entry for the above transaction
Answer:
See below
Explanation:
This is an ordinary business activity that results in revenue for the company. Revenue for the business will increase by 27000. Revenue is an equity account; there will be a credit entry of 27,000.
The client will pay within 30 days. The account receivables ( assets account) will increase (debit)by 27000.
The journal entry will be
Account receivable Dr. 27,000
Sales / services account Cr. 27,000
explain fixed capital
Answer:
see below
Explanation:
Fixed capital refers to the durable assets required to start and maintain business operations. They are long-term investments such as equipment, plants and machinery that are used repeatedly over a long time to produce goods and services. The term fixed implies that these assets are not consumed or get diminished in the production process.
Fixed capital comprises tangible assets that are not meant for sale in the current period. They have a useful life of several years, necessitating depreciation techniques to be applied.
Under the Federal Insurance Contributions Act, where do the funds for Social
Security and Medicare come from?
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
Services’ marketing is not as advanced as products marketing.
true or false
Answer:
false
Explanation:
Describe the difference between an idea and a business opportunity.
A new business should be based on an entrepreneur's individual interests because the entrepreneur must...
A. have sufficient confidence to succeed.
B. be willing to take personal responsibility.
C. have enough determination to work alone.
D. dedicate as many hours as needed to the work.
Will mark brainliest!
Answer:
A.................
Explanation:
look at my pokemon
Answer:
D
Explanation: because i said so but it might not be right
The _____ is a voice for small business.
SCORE
SBDC
SBA
PLEASE HURRY 15 POINTS AND BRAINLIST TO FIRST PERSON TO ANSWER CORRECTLY
Answer:
I believe it's the SBDC but I'm not 100% sure tho
Answer:
SBA
Explanation:
its also called NFIB i think
what is another name for needs (select all that apply)
fixed expense, varible expense essentail expense, and discretionary expense
Answer:
essential expense
Explanation:
Needs are the items we must have to survive or accomplish somethings. A need is that thing one cannot afford not to have or things we cannot do without. Food, shelter, and clothing are considered basic needs because, without them, one's survival is threatened.
Needs are, therefore, essential for survival. Any expenditure on needs is an essential expense.
When your company pays for a promotional message, that is a form of what?
A. Advertising
B. Public relations
C. Word of mouth
D. Market research
Answer: advertising
Explanation:
Answer:
A
Explanation:
got it right on Edge
What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
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Answer:
Goods produced and resources invested
Explanation:
Help Tony evaluate his applicants based on their mean and median credit scores.
a.
Jeff has the highest mean score, but Paula has the highest median score.
b.
Neil has the highest mean score, but Jeff has the highest median score.
c.
Neil has the highest mean score and the highest median score.
d.
Paula has the highest mean score, but Jeff has the highest median score.
Answer:
b
Explanation:
just took the quiz
Neil has the highest mean score, but Jeff has the highest median score.
What is the difference between a credit score and a credit rating?Credit ratings are expressed as letter grades and used for businesses and governments. Credit scores are numbers used for individuals and some small businesses. An individual's credit score is based on information from the three major credit reporting agencies, and scores range from 300 to 850.
What is a credit report a credit report is a number representing your creditworthiness?A credit score is a number between 300–850 that depicts a consumer's creditworthiness. The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, repayment history, and other factors.
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Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage
Answer:
$26.923
Explanation:
Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year
if the company pays 90% of $7000, then Mark pays 10% of $7000
Mark pays = 10/100 x $7000
=0.1 x $7000
=$700
The amount of $700 is spread over 26 weeks.
Each paycheck, Mark will be deducted
=$700/26
=$26.923 per check
The advantages of personal financial planning include:
a. Increased effectiveness in obtaining, using and protecting your financial resources
b. Increased control of your financial affairs by avoiding excessive debt and bankruptcy
c. Improved personal relationships resulting from better communicated financial decisions
d. All of these
e. None of these
Answer:
d. All of these
Explanation:
Personal financing is the process of organizing and managing an individual or household's income to achieve set financial goals. It involves managing personal finance activities such as income, expenditure, savings, and investments. The primary objective of personal finance is to assist individuals maximize their current incomes and make future plans. As a result, they can achieve both short term and long term goals.
Project: Current Event - Business Ethics
This project will focus on writing about a current event in ethics in the business world. The task is to first find an article that deals with business ethics and then write a summary of the article. In your summary, you should discuss what the ethical issue is and give your opinion of how the issue was handled. During this project, you'll accomplish the following:
Objectives
Find an article that deals with business ethics and write a summary of the article.
Current Event
Directions:
Use the Internet to find an article that deals with ethics in the business world. Once you have found and read your article on business ethics, record your summary using the following format. Upload it below.
Paragraph #1 - Summary of article including the link
Paragraph #2 - How it relates to entrepreneurship
Paragraph #3 - Your opinion of how the issue was handled
Question # 1
Long Text (essay)
Upload your three paragraphs here:
Paragraph #1 - Summary of article including the link
Paragraph #2 - How it relates to entrepreneurship
Paragraph #3 - Your opinion of how the issue was handled
Answer:
Signs of the boom are everywhere. Over 500 business-ethics courses are currently taught on American campuses; fully 90% of the nation’s business schools now provide some kind of training in the area. There are more than 25 textbooks in the field and 3 academic journals dedicated to the topic. At least 16 business-ethics research centers are now in operation, and endowed chairs in business ethics have been established at Georgetown, Virginia, Minnesota, and a number of other prominent business schools.
And yet, I suspect that the field of business ethics is largely irrelevant for most managers. It’s not that they are hostile to the idea of business ethics. Recent surveys suggest that over three-quarters of America’s major corporations are actively trying to build ethics into their organizations. Managers would welcome concrete assistance with primarily two kinds of ethical challenges: first, identifying ethical courses of action in difficult gray-area situations (the kind that Harvard Business School Lecturer Joseph L. Badaracco, Jr. has described as “not issues of right versus wrong,” but “conflicts of right versus right”); and, second, navigating those situations where the right course is clear, but real-world competitive and institutional pressures lead even well-intentioned managers astray.
The problem is that the discipline of business ethics has yet to provide much concrete help to managers in either of these areas, and even business ethicists sense it. One can’t help but notice how often articles in the field lament a lack of direction or poor fit with the real ethical problems of real managers. “Business Ethics: Where Are We Going?” asks one title. “Is There No Such Thing as Business Ethics?” wonders another. My personal favorite puts it wryly, “Business Ethics: Like Nailing Jello to a Wall.”
Explanation:
Answer:Signs of the boom are everywhere. Over 500 business-ethics courses are currently taught on American campuses; fully 90% of the nation’s business schools now provide some kind of training in the area. There are more than 25 textbooks in the field and 3 academic journals dedicated to the topic. At least 16 business-ethics research centers are now in operation, and endowed chairs in business ethics have been established at Georgetown, Virginia, Minnesota, and a number of other prominent business schools.
And yet, I suspect that the field of business ethics is largely irrelevant for most managers. It’s not that they are hostile to the idea of business ethics. Recent surveys suggest that over three-quarters of America’s major corporations are actively trying to build ethics into their organizations. Managers would welcome concrete assistance with primarily two kinds of ethical challenges: first, identifying ethical courses of action in difficult gray-area situations (the kind that Harvard Business School Lecturer Joseph L. Badaracco, Jr. has described as “not issues of right versus wrong,” but “conflicts of right versus right”); and, second, navigating those situations where the right course is clear, but real-world competitive and institutional pressures lead even well-intentioned managers astray.
The problem is that the discipline of business ethics has yet to provide much concrete help to managers in either of these areas, and even business ethicists sense it. One can’t help but notice how often articles in the field lament a lack of direction or poor fit with the real ethical problems of real managers. “Business Ethics: Where Are We Going?” asks one title. “Is There No Such Thing as Business Ethics?” wonders another. My personal favorite puts it wryly, “Business Ethics: Like Nailing Jello to a Wall.”
What is the matter with business ethics? And more important, what can be done to make it right? The texts reviewed here shed light on both questions. They point to the gulf that exists between academic business ethics and professional management and suggest that business ethicists themselves may be largely responsible for this gap.
Far too many business ethicists have occupied a rarified moral high ground, removed from the real concerns and real-world problems of the vast majority of managers. They have been too preoccupied with absolutist notions of what it means for managers to be ethical, with overly general criticisms of capitalism as an economic system, with dense and abstract theorizing, and with prescriptions that apply only remotely to managerial practice. Such trends are all the more disappointing in contrast to the success that ethicists in other professions—medicine, law, and government—have had in providing real and welcome assistance to their practitioners.
Does this mean that managers can safely dismiss the enterprise of business ethics? No. In the past year or two, a number of prominent business ethicists have been taking stock of their field from within. Much like managers trying to reengineer their companies’ business processes, they have called for fundamental changes in the way the enterprise of business ethics is conducted. And they are offering some promising new approaches of value to both academic business ethicists and professional managers.
What follows, then, is a guide to business ethics for perplexed managers: why it seems so irrelevant to their problems and how it can be made more useful in the future.
Entrepreneurs affect the economic decisions a country makes by:
A. convincing societies to give up their most expensive wants
B. producing useful goods regardless of their demands or scarcity
C. earning consistent salaries that make the economy more stable
D. identifying new ways for people to fulfill their wants and needs
Answer:
D. identifying new ways for people to fulfill their wants and needs
Explanation:
Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.
Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.
Which of the following is a common behavior for an active listener?
a.
Look at your notes to make sure they are accurate
b.
Keep track of the number of times the speaker agrees with you
c.
Repeat the speaker’s argument back in new words
d.
Argue against the speaker’s points one at a time
Answer: Repeat the speaker's argument back in new words
Explanation: It shows that you understood and listened to their whole speech. Understandning is a big part in active listening
Answer:
c
Explanation:
Leah has $300 in her checking account and her first bank credit card. She wants to purchase a couch for $250, and Christmas gifts for $200. What are her options? What should she do?
Answer:
see below
Explanation:
Leah can choose between the following two options.
Option 1:
Leah can withdraw $250 from her checking account and pay for the couch in cash. If she has a debit card on her checking account, she can use it to pay for the couch. The Christmas gift costs less than the couch. She can use a credit card to pay for the gift. Since credit card transactions are debts, she will incur a lower amount of debt.
Option 2:
Depending on her credit card limit, she can pay for the two items on credit. Once the credit statement is generated, she can use the money in her checking account to offset part of the credit card balance.
Answer:
Leah can withdraw $250 from her checking account and pay for the couch in cash. If she has a debit card on her checking account, she can use it to pay for the couch. The Christmas gift costs less than the couch. She can use a credit card to pay for the gift. Since credit card transactions are debts, she will incur a lower amount of debt.
Explanation:
what is judiciary and executive?
Select the correct answer.
Which technique of advertising shows that multiple consumers use a product to build consumer trust in the procduct
Answer:
D. Bandwagon advertising
Explanation:
Bandwagon advertising is a type of propaganda advertising technique that is employed to sway the emotions of the audience to get them to purchase a particular product or service simply because many other persons are using such. So, the audience, in a bid to join crowd, they will willingly purchase such product or services on the ground that it is tested and trusted by many users.
For example, a beverage company can make ads about one of their beverage products and tag it, "America's favorite tea". This will give the notion to the target audience that the tea is mostly accepted and used by many Americans, and as such will go ahead to purchase it.
Answer:
D. Bandwagon advertising
Explanation:
The test says the answer is correct got 100%
with examples, differentiate between direct and indirect tax
Answer:
Direct taxes are non-transferable taxes paid by the tax payer to the government and indirect taxes are transferable taxes where the liability to pay can be shifted to others. Income Tax is a direct tax while Value Added Tax (VAT) is an indirect tax.
please mark me brainliest and follow me my friend.
Which of these is a financial service offered to business owners?
A.) Core Competencies
B.) Dividend payments
C.) Insurance
D.) Operational efficiencies
Answer:
C.) Insurance
Explanation:
Financial services include the services offered by banks, insurance companies, investment houses, real estate brokers, lenders, and finance companies. These services have a commercial aspect of either saving (pooling of resources), borrowing, or investing.
In this list, insurance is a financial service. Insurance is the purchase of protection or cover against risks. Insurance companies undertake to provide financial compensation in the event of loss arising from the risk insured against in exchange for premiums. Insurance companies pool resources together to compensate a member who has suffered a financial loss.
Is this good advice? “ if you are behind on your loans, but no in ‘ default’. Don’t even talk with your loan companies. Just go talk with your debt settlement
Yes or no
If you are behind on your loans, but not in ‘ default’. Don’t even talk with your loan companies. Just go talk with your debt settlement. The advice can be recommended.
What is a loan?The loan is referred to the amount which an individual borrows from any financial institution at a certain rate of interest which is payable at a later date in order to start any business or any other business work.
Annual percentage yield, or APY, is the abbreviation for the rate of return on an investment that is actually realized after taking into account the impact of investment returns.
Since the cost of borrowing overall is lower, accounts with higher APRs typically have lower rates than those with lower APYs.The difference between APR and APY is greater, and interest compounds more frequently as well, increasing.
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According to the article, how can you guarantee that your talk or speech will be interesting to your audience? Is this good advice? Why or why not? Justify your response.
Answer:
7 c's of communication
Explanation:
Talk or speech needs to be interesting for audience, to attain the desired goal of communication.
The public communication would be effective & interesting ; if it satisfies 7 c's of communication - Clear, Concise, Correct, Coherent, Complete, Courteous, Considerate.
Communication not satisfying one or many of above C's is likely to be ineffective &, or uninteresting for audience
Write a three- to five-sentence paragraph that defines economics. Based on your definition, explain why it is difficult to consider economics an exact science. You may want to consider how economists approach economics to help you explain your answer.
Answer: See explanation
Explanation:
Economics is referred to as a social science that is concerned with how goods are produced, how they're distributed and how they're consumed. Economics is the social science that studies why human beings behave the way that they do.
It is difficult to consider Economics as a science because it lacks a hypotheses that's testable. Also, there is lack of consensus and the scientific method is not followed in Economics.
What is it called when you are able to touch and feel a product?
coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
HELP
An example of soft skils that conveys ideas and influences change.
A.) Personal accountibility
B.) Hard skills
C.) Self-motivations
D.) Communication
what are some good jobs for an 15 or 16 year old ?
Answer:
dog walker,babysitting, fastfood restaurants
Answer:
Babysitter, Newspaper Delivery, Lawn Mowing, Lifeguard, Working Retail, Fast Food Server
Explanation: