Answer:
affect both income statement and balance sheet accounts
Explanation:
Adjusting entry is commonly said to affects one income statement account which is the revenue or expense account. It also affect one balance sheet account which can be an asset or liability account. It usually result in a better revenues and expenses matching for the period.
They are refered to as the entry usually made at the end of at the end of the period to a given or assigned revenues to the period in which they were earned and expense to the period of being incurred.
Adjustments had five major categories which are accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation. It is widely known that for every adjusting entry, it must affects at least one income statement account and one balance sheet account.
Answer:
The answer is: B) the EPA's decision takes precedence.
Explanation:
The Supremacy Clause (Article VI, Clause II of the Constitution of the United States of America) states:
"This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding."
This means that the federal government and its laws, treaties and rules have precedence over state or local laws.
Answer:
The question would be, Do you have an adequate emergency fund?
Explanation:
When an individual or a company is evaluated on the basis of its current income and a plan is made for its future finances, to predict future income, assets, finances, etc, it is called as the Financial Planning.
The most important question to be asked while planning for finances is, Do you have an adequate amount of emergency funds? This is because it is always necessary to have some funds reserved for emergency purpose. Planning your finances without reserving amount for the emergency is useless. So it is most important to have an adequate amount of money or funds reserved for the emergency situations.
Answer:
d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788
Explanation:
From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options
Answer:
a. Performance dashboards
Explanation:
Based on the scenario being described within the question it can be said that these scorecard applications are often referred to as Performance Dashboards. These are a type of management tool that companies use in order to measure the company's performance and monitor/manage different processes in order to achieve business goals. These systems are many times offered by other companies and linked to a firm's enterprise software system for customized results.
