1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
1 year ago
6

U

Business
1 answer:
oksian1 [2.3K]1 year ago
3 0

The descriptions to cases that will possibility be addressed by a Trial Balance are:

  • can detect the accuracy of the accounting process(possible)
  • can help check whether the debit side is equal to the credit side(possible)
  • can help prepare the income statement(possible)
  • helps serve as a proof of the application of the double-entry system(not possible)
  • can help check whether a particular transaction has been completely omitted(not possible)

<h3>What is trial balance?</h3>

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

learn more about trial balance at:brainly.com/question/24217989

#SPJ1

You might be interested in
"Political risk is the possibility that political events in a particular country will influence the economic well-being of a fir
Montano1993 [528]

Answer:

<u>macro risk</u> and <u>micro risk.</u>

Explanation:

Political risks are crucial factors for a multinational company to make investments in a given country, due to the instability of the country's political scenario that can bring negative adverse effects to the company in a context of macro risk and micro risk.

Macro risk is that which is inherent in the country and affects all economic sectors equally, such as the risk of government expropriation.

Micro risk, on the other hand, is one that will impact only a specific business sector, such as corruptions that aim to defraud or harm an organization.

6 0
3 years ago
Suppose you're working as a salesperson and one of your prospects tells you they are interested in your product because it is th
Artemon [7]

a. Situational needs

b. Functional needs

c. Social needs

d. Psychological needs

e. Knowledge needs

Answer:

b. Psychological needs

Explanation:

-Situational needs are the ones that are related to the customer's environment, place and time.

-Functional needs are the basic ones people need to be able to live.

-Social needs refer to the need people have to relate to the others.

-Psychological needs refer to things pople need for their well-being and being able to function properly.

-Knowledge needs refers to the ones related to learning new things.

According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.

4 0
3 years ago
Why do you think effective planning is necessary in achieving our objectives?
MakcuM [25]

Answer:

yes by planning we can be success and can get instructions oursrlves

8 0
3 years ago
For those brave enough to act effectively now to stabilise and protect your
andrew11 [14]

Answer:

One important financial reporting instrument for measuring and assessing an organisations liquidity risk is the Cash Flows statement. It speaks to the availability of cash in the short term, and or assets that can be readily converted to cash.

In other words, when a business has immediate financial obligations, cash refers to those resources that can be used to satisfy them.

An understanding of cash flows is crucial to business success because it:

  • provides a clear picture of an organisations cash status or liquidity;
  • helps business owners plan for how much cash expected in the future and when it is likely to come;
  • when organisations want to benchmark their performance against one another, it becomes very handy and useful. Banks, for instance, measure the ability of a business to meet it's liquidity requirements as a measure of eligibility to receive additional finance.

One way companies can maintain liquidity during this pandemic is to control overhead expenses. Necessity is the mother of invention. Companies can have their team brainstorm on creative ways to cut down on operational, administrative and production costs. Some costs which can be considered for downward revision are rent, labor costs (such as business performance incentives), professional fees, marketing costs, advertising costs, public relations etc.

Cheers!

7 0
3 years ago
The present value of a future amount of money is the amount ​that, if invested​ today, will grow to be as large as that ​ _____
svetlana [45]

Answer: A. Present; B. Taken; C. Future; D. Present

Explanation:

The present value of a future amount of money is the amount ​that, if invested​ today, will grow to be as large as that ​present amount when the interest that it will earn is​ taken into account.

The calculation that we use to convert a​ future amount of money to its​ present value is called discounting.

8 0
3 years ago
Other questions:
  • . Calculating Cost of Preferred Stock: Holdup Bank has an issue of preferred stock with a $3.75 stated dividend that just sold f
    7·1 answer
  • Exercise 8-5A Determining flexible budget variances LO 8-4 Benson Manufacturing Company established the following standard price
    14·1 answer
  • Wiser Pharmaceutical has received a utility patent from the US Patent and Trademark Office. It sold this patent to another pharm
    15·1 answer
  • The market price of airline flights increased recently. Some economists suggest that the price increased because several airline
    13·1 answer
  • In May direct labor was 40% of conversion cost. If the manufacturing overhead for the month was $120,600 and the direct material
    9·1 answer
  • Which of the following statements is true? Increasing dividends will always increase the stock price. Increasing dividends will
    13·2 answers
  • A boutique hotel chain provides upscale rooms and superior customer service at value prices. What strategy is the hotelier using
    10·1 answer
  • Which best explains the efforts of immigration of the labor market? (CS11)
    5·1 answer
  • I need help with this, I am super confused. <br><br> Giving Away extra points for this.
    15·1 answer
  • A strength of Enterprise's Generation X managers is likely to be their _____
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!