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Vlad1618 [11]
2 years ago
6

The entity set person is classified as student and employee. This process is called _________.

Business
1 answer:
Nata [24]2 years ago
6 0

The entity set person is classified as student and employee. This process is called Specialization. Thus, option B is correct.

<h3>Who are the student and employee?</h3>

A student is a person who is studying that means is in a university, school, or college. An employee is someone who works under an employer to earn money.

The entity set individual is categorized as both a worker and a student. The term for this procedure is specialization in which the area is divided into different sectors and under which a person chooses a certain topic to focus on. Therefore, option B is the correct option.

Learn more about the student and employee, here:

brainly.com/question/28391223

#SPJ4

The question is incomplete, the complete question is:

(a) Generalization

(b) Specialization

(c) Inheritance

(d) Constraint generalization

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Answer:

Clothing

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Mueller Company estimates that it is unlikely that a particular executive will achieve a specific performance target. Mueller al
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Reverse the related expense.

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Muller has concluded that the executive will not meet the target and therefore will not the eligible for the compensation. Muller should reverse the related expense as it is unlikely it will incur it.

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How do consumer expectations affect the demand for a product?
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its c

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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials
tatuchka [14]

Answer: $3.10

Explanation:

The actual price per pound of direct materials purchased in June will be calculated as follows:

Let the actual price be represented by x.

Material price variance is calculated as:

= (standard price-actual price) × actual quantity

-2000 = (3 × 20000) - 20000x

-2000 = 60000 - 20000x

20000x = 60000 + 2000

20000x = 62000

x = 62000/20000

x = 3.1

Therefore, the actual price per pound of direct material bought in June is $3.10

4 0
3 years ago
The October 31 bank statement of White's Healthcare has just arrived from Stat Bank. To prepare the bank reconciliation, you gat
lesantik [10]

Answer:

Required 1 :  Bank reconciliation

<u>Bank Reconciliation Statement</u>

Balance as per Bank Statement                    $5,170

Adjusted for error

Multi-State Freight Company                           $700

Balance as per adjusted Bank Statement    $5,870

Add Lodgements not yet credited :

White treasurer`s deposit                                 $290

Less Unpresented Cheques :

237                                                         $90

288                                                       $150

291                                                       $580

294                                                      $590

295                                                         $10

296                                                      $150   ($1,570)

Balance as per Cash Book                            $4,590

Required 2 : Journal entries

<u>Journal 1.</u>

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

<u>Journal 2.</u>

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue  $50 (credit)

Explanation:

The first step to prepare a bank reconciliation is to update the cash book.

Cash Book (Bank Balances)

<u>Debit  :</u>

Balance as per Cash Book                  $2,700

Credit Transfer                                     $ l,400

Dividend Revenue                                $l,050

Interest Revenue                                      $50

Totals                                                   $5,200

<u>Credit :</u>

Dishonored Cheques  ($420 + $120)   $540

Bank Service Charge                               $70

Adjusted Cash Book Balance            $4,590

Totals                                                   $5,200

The Next step is to prepare a Bank Reconciliation Statement

<u>Bank Reconciliation Statement</u>

Balance as per Bank Statement                    $5,170

Adjusted for error

Multi-State Freight Company                           $700

Balance as per adjusted Bank Statement    $5,870

Add Lodgements not yet credited :

White treasurer`s deposit                                 $290

Less Unpresented Cheques :

237                                                         $90

288                                                       $150

291                                                       $580

294                                                      $590

295                                                         $10

296                                                      $150   ($1,570)

Balance as per Cash Book                            $4,590

Journal Entries to Correct the Cash Book :

<u>Journal 1.</u>

Bank Service Charge $70 (debit)

Trade Receivables $540 (debit)

Bank $610 (credit)

<u>Journal 2.</u>

Bank $2,500 (debit)

Credit Transfer $ l,400 (credit)

Dividend Revenue $l,050 (credit)

Interest Revenue  $50 (credit)

8 0
3 years ago
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