All categories

2 years ago

40! Points it’s an easy question !!!!!

Business

1 answer:

Maurinko [17]2 years ago

5 0

Answer:

Explanation:

Being that it is a legal document, she should use proper terminology and be exact with what she says, which likely require using complicated words

You might be interested in

A company pays each of its two office employees each Friday at the rate of $100 per day for a five-day week that begins on Monda

sesenic [268]

Answer:

Debit Salaries Expense $400 and Credit Salaries payable $400.

Explanation:

Consider, we are told the company pays each of its two office employees, meaning, the 2 employees combine will earn $200 a day .

Furthermore, we are told that even though the monthly accounting period ends on Tuesday the two employees work on Monday and Tuesday, meaning, the adjusting entry to record at the month-end will be a summation of the amount earned by the two employees on the two days. That is, = $200 × 2 days  = $400 (which is a salary expense).

Therefore, going by the rule of double-entry, we are obliged to debit salaries expense account and credit salaries payable account.

7 0

3 years ago

Match the job descriptions with the job titles.

Marina CMI [18]

Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

Negotiate insurance settlement- Claim adjuster

The claim adjuster gathers reports and facts to the insurer.

Certifies the financial record of the business- Auditor

An auditor ensures the reports and records are well examined in an organization. He or she verify the assets and liabilities.

Help a company build a positive image in the media- Public relation specialist.

Public relations help in building trust and creating awareness about the organization.

Negotiates the rates for transportation of goods- Cargo and flight agent

cargo and flight agents ensure that shipments are delivered on time, and fees are collected.

6 0

3 years ago

Which of the following considerations can sometimes override consequences when comparing and weighing alternatives for ethical d

adelina 88 [10]

Answer:

The correct answer is B

Explanation:

Principle is the term which is defined as the scientific law or theorem which has various special applications.

And sometimes matters of duties, principles or rights could countermand or override the consequences when weighing and comparing the alternatives related to the ethical decisions making.

For example, how an employee weighs and compares the alternatives for the ethical decision making might ground or depend on the duties or responsibilities linked with the position of the employee in the company.

3 0

3 years ago

Elegant Limited sells restored classic cars. Most of its customers are private buyers who buy cars for themselves. However, some

n200080 [17]

Answer:

Elegant Limited

Depiction of the Association and Cardinality for the sales of cars:

1. Association: At Elegant Limited, for a car to be sold, a relationship must be established between Elegant Limited and some of its customers (private buyers and investors). A sale of car involve the exchange of economic resources. While Elegant Limited exchanges the cars for cash receipts, the customers exchange their cash for cars. Two economic resources are involved in the sale of cars, which are exchanged between two economic agents (Elegant Limited and customers) in a business event.

2. Cardinality: In each of the economic events involving the sale of cars to customers and the receipt of cash from customers, two elements are involved, which are the exchanges of resources. Cars and Cash are the elements that show their cardinality in the economic event. These elements are known as economic resources.

Explanation:

a) The REA Model is a tool for modelling business processes. In the sales process, one event would be the “sales of cars,” occasioning the giving of cars for “cash receipt,” the other event. These two events are linked as a cash receipt occurs in exchange for a sale, and vice versa. The REA Model was originally proposed in 1982 by William E. McCarthy as a generalized accounting model, and contained the concepts of resources, events and agents, according to wikipedia.com.

b) Association refers to the relationship existing when an event takes place. At least, two persons are impacted by any event, the giver and the receiver. For an economic event involving the exchange of resources to happen, two economic agents are involved. Otherwise, no transaction can take place. The seller of cars (Elegant Limited) and the buyers (Customers both private and investors).

c) Cardinality refers to the elements that make up an economic event, for example. The sale of cars and receipt of cash are economic events happening in a business relationship between Elegant Limited and Customers. The elements that make up the events are the resources (cars and cash), which are exchanged.

7 0

4 years ago

What are two types of investment accounts that you might use in the future?

Vinvika [58]

Im guessing a retirement account and cd!

7 0

4 years ago