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Jobisdone [24]
2 years ago
12

Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers trainin

g to groups in off-site locations. wti initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of december 31 follows, along with descriptions of items a through h that require adjusting entries on december 31.
Business
1 answer:
hodyreva [135]2 years ago
4 0

Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.

<h3>What is accrual method?</h3>

A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.

Hence, the significance of accrual method is given above.

Learn more about accrual method here:

brainly.com/question/14868839

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What is the bullwhip effect and how does it relate to lack of coordination in a supply chain?
rewona [7]

Answer:

The bullwhip effect happens when retailers or other members of the supply chain overestimate a sudden increase in demand, and this causes a chain reaction in all the other participants of the supply chain that start requesting higher quantities of goods or materials for production. E.g. the fidget spinner was a very popular fad and its producers probably didn't anticipate how large the demand would be. Once the product became extremely popular, everyone wanted to sell fidget spinners. This caused an increase in the order quantities of all the supply chain. Once the fad faded out, all this momentum stopped and many stores, distributors, wholesalers, and even factories were left with huge unsold stocks of fidget spinners.

When the supply chain is well coordinated, there is little chance for some retailers or distributors to over react and want more product just in case. If your supply is guaranteed, then it would take some extraordinary increase in demand to make you want to increase your purchase orders. But if your supply chain is not well coordinated, you might fear that you will lose a lot of sales and other competitors will make them. Then you get anxious and start ordering large quantities.

6 0
3 years ago
Jared is a salesman at a large retail store. Upon meeting his monthly sales target, he is honored with the title of "Star Salesm
Minchanka [31]

Answer:

The answer is: B) safety needs

Explanation:

According to Abraham Maslow safety needs include employment, health, resources, personal security, etc. Safety needs are located in the second level of Maslow's hierarchy. Safety needs are all related to security and protection, i.e. taking care of yourself.

5 0
4 years ago
The information content of a dividend increase generally signals that:
sertanlavr [38]

Answer:

C) management believes earnings growth will be strong going forward.

Explanation:

Dividend is the percentage of income that the corporation aims to allocate to the company's shareholders. When there is an rise in dividend it means that the company will have good results for the future. The rise in the dividend is a prediction of future profitability for the firm.

Plus it would be distributed to the preferred shareholders and the equity shareholders and the preference is given first to preferred shareholders

6 0
3 years ago
Which of the following leadership behaviors would be considered task-oriented and aimed at maximizing output?which leadership mo
Brilliant_brown [7]

<u>Answer:</u>

<em>a. Initiating structure leadership behaviour</em>

<em>b. The leader-member exchange model</em>

Explanation:

Maximizing output and completing tasks is one of the main focus of initiating structure leadership behaviour because it analyses how a leader delegates tasks to subordinates while also been considerate to them.

In the leader-member exchange model two words that come to mind is trust and respect .

This leadership model explains that the way leaders (managers) treat their subordinates would affect how they behave at work.

4 0
3 years ago
Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mis
velikii [3]

Answer:

The correct answer is: b. Fundamental analysis.

Explanation:

Fundamental analysis can be understood as a commonly used method that aid to evaluate and analyze the intrinsic value of a specific asset and the evaluation of its evolution and modification of said value across time.

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In conclusion, to the question Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mispriced by reviewing all available financial information? The correct answer is: b. Fundamental Analysis.

5 0
4 years ago
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