Answer:
The correct option is B. Although the budget is strained, PQR Inc. refuses to cut the training budget because when employees keep their professional knowledge current, they are more likely to be innovative.
Explanation:
It was best for PQR Inc. to not cut the training budget because properly trained staff can be very economical for the company. When a budget is planned for the training of the employees and the workers are trained time to time with new techniques then it leads to better performance by the employees. It would also increase the self-esteem of the workers as they would recognize the importance of a task and will come up with new ideas to perform the tasks in a much better way.
Answer:
O Compound interest pays interest both on the principal and the interest earned in each period.
Explanation:
Compound interest is preferred as it measures the interest on the principal amount and the accrued interest. In the compounding interest, the interest i.e. earned should be added to the principal in order to create the new principal amount. The interest earned at the closing of every year should be more than the last period as the principal amount rises at the starting of the period
Also, the interest earned via the compound interest should be grown much faster as we compared to the fixed rate interest
Therefore the last option is correct
Answer:
Interest Expense 696 Interest Payable 696
Explanation:
Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:
December 31, 2022
Dr Interest Expense $696
Cr Interest Payable $696
($34800*8%*3/12)
(To record interest expense accrued)
Answer: Option A
Explanation: In simple words, Variable cost is that cost of the business that changes with level of production. Hourly wage rate of workers, electricity bill of factory are some of many examples of variable cost.
The electricity consumption is fixed per unit, but if the level of production rises the electricity bill also rises as more units will be consumed.
Hence, from the above we can conclude that the right option is A.
