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Illusion [34]
2 years ago
7

A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged

for a fee. multiple choice question. internal public specialized private
Business
1 answer:
3241004551 [841]2 years ago
4 0

A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.

<h3>Who is an accountant?</h3>

An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.

The role of an accountant include performing accounting functions such as:

  • Analyzing accounts
  • Auditing
  • Reporting the financial transactions of a person or a business.

Learn more about accountants here: brainly.com/question/13433103

#SPJ1

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On January 1 of the current year, the Queen Corporation issued 7% bonds with a face value of $76,000. The bonds are sold for $73
babunello [35]

Answer:

$5,776

Explanation:

the journal entry to record the issuance of the bonds:

January 1, 202x

Dr Cash 73,720

Dr Discount on bonds payable 2,280

    Cr Bonds payable 76,000

coupon = $76,000 x 7% x 1/2 = $2,660

discount on bonds payable per coupon = $2,280 / 10 = $228

Journal entry to record coupon payment:

June 30 and December 31, 202x

Dr Interest expense 2,888 x 2 = 5,776

    Cr Cash 2,660 x 2 = 5,320

    Cr Discount on bonds payable 228 x 2 = 456

3 0
3 years ago
Which of the following is an example of a general partnership?
vesna_86 [32]

Answer:

d. Ken and Paul start a graphic design business together. When Ken fails to deliver on a contract with a customer, Ken and Paul are held equally responsible when the customer sues for damages.

Explanation:

A general partnership is one where more than two people are involved in the running of a business and each bears an unlimited liability in the obligations of the business.

The partners share profit and losses from the business activities.

The scenario where Ken fails to deliver on a contract with a customer, Ken and Paul are held equally responsible when the customer sues for damages. Is a perfect example of a general partnership.

Both partners share in the loss that results from business activity.

7 0
3 years ago
__________ plans are pay-for-performance plans that put a small amount of base pay at risk, in exchange for the opportunity to e
Kryger [21]

Answer:

The correct answer to the following question will be "Variable Play Plan".

Explanation:

  • The variable pay is the part of the gross income dictated by the performance of the employee. If workers achieve their targets, discretionary pay is given as a form of promotion, bonus pay or fee. Basic salary, on the other hand, is set and compensated regardless of whether workers achieve their objectives.
  • It is the desired advantage of the company to captivate and keep employees. We want the chance to earn dynamic pay to strengthen their basic salary.

Therefore, the Variable Play Plan is the right answer.

6 0
3 years ago
Which statement is not true?
oksano4ka [1.4K]

Answer:

D.  All world-class companies use ERP to integrate all company functions.

8 0
4 years ago
When Japanese carmakers entered the existing U.S. automobile market by first offering small fuel-efficient cars, and then levera
Maksim231197 [3]

Answer:

<em>Disruptive innovation</em>

Explanation:

<em>Japanese car makers are engaging in</em> <u>disruptive innovation</u>.

Disruptive innovation is a type of theory in business that is related to the entrance or interrupt of a company in an already existing markets.

So here, as we can see that <em>Japanese car makers are also entering in the U.S. automobile market that is an existing market,</em> we can say know that it is also a type of disruptive innovation.

3 0
4 years ago
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