All categories

2 years ago

Cryptocurrency is a form of payment that:

Business

1 answer:

Colt1911 [192]2 years ago

4 0

Answer:

The answer is A. can be exchanged online for goods and services.

Explanation:

<u><em>Cryptocurrencies are used primarily outside existing banking and governmental institutions and are exchanged over the Internet.</em></u>

You might be interested in

During the current year, Adams Assembly, Inc., recorded credit sales of $1,300,000. Based on prior experience, it estimates a 1

OleMash [197]

Answer:

a. Debit Allowance for doubtful debt $4,000

Credit Accounts receivable. $4,000

Being entries to write off debt that had been provided for.

b. Debit bad debit expense $13,000

Credit Allowance for doubtful debt $13,000

Being entries to record bad debt expense for the current year.

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales.

Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt.

Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Bad debt = 1% * $1,300,000

= $13,000

3 0

3 years ago

McoLawn Ltd manufactures a single product, an ecologically designed electronic lawn-mower, which they sell for £40. The variable

Over [174]

Answer: 20,000 lawn mowers

Explanation:

The formula for calculating the number of lawn mowers needed to reached the budgeted profit levels is:

= (Fixed costs + Budgeted profit) / Contribution margin

Contribution margin = Selling price - Variable cost

= 40 - (14 + 8 + 5)

= 40 - 27

= $13

Number of lawn-mowers required:

= (140,000 + 120,000) / 13

= 20,000 lawn mowers

8 0

3 years ago

A global business is organized into four groups: Manufacturing, Research and Development, Finance, and Sales. This company uses

egoroff_w [7]

Answer:

Functional structure.

Explanation:

A global business is n organized set of activities that are performed by the specific set of the department and it comprises of the different groups such as the manufacturing, research and the development and the finance and sales. All these forms a set of the functional activities that are performed b the various departments.

5 0

3 years ago

How should a person cope with situational factor for which there are ethical confident skills?

ipn [44]

Self-confidence is considered one of the most influential motivators and regulators of behavior in people's everyday lives (Bandura, 1986). A growing body of evidence suggests that one's perception of ability or self-confidence is the central mediating construct of achievement strivings (e.g., Bandura, 1977; Ericsson et al., 1993; Harter, 1978; Kuhl, 1992; Nicholls, 1984). Ericsson and his colleagues have taken the position that the major influence in the acquisition of expert performance is the confidence and motivation to persist in deliberate practice for a minimum of 10 years.

Self-confidence is not a motivational perspective by itself. It is a judgment about capabilities for accomplishment of some goal, and, therefore, must be considered within a broader conceptualization of motivation that provides the goal context. Kanfer (1990a) provides an example of one cognitively based framework of motivation for such a discussion. She suggests that motivation is composed of two components: goal choice and self-regulation. Self-regulation, in turn, consists of three related sets of activities: self-monitoring, self-evaluation, and self-reactions. Self-monitoring provides information about current performance, which is then evaluated by comparing that performance with one's goal. The comparison between performance and goal results in two distinct types of self-reactions: self-satisfaction or -dissatisfaction and self-confidence expectations. Satisfaction or dissatisfaction is an affective response to past actions; self-confidence expectations are judgments about one's future capabilities to attain one's goal. This framework allows a discussion of self-confidence as it relates to a number of motivational processes, including setting goals and causal attributions.

7 0

3 years ago

Production efficiency is a situation in which the economy is getting all that it can from its resources and _____ produce more

Radda [10]

Answer:

B is the correct answer for that question

6 0

3 years ago