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Ilia_Sergeevich [38]
1 year ago
9

Groups of related business activities such as the acquisition of merchandise and payment of vendors are called:_________

Business
1 answer:
liraira [26]1 year ago
3 0

Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.

A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.

A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.

Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.

To know more about transaction cycle here

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Stephen Glass made himself infamous as a dishonest journalist by fabricating material for more than forty articles for The New R
tensa zangetsu [6.8K]

Answer:

Stephen Glass, it is significant and appropriate to comprehend the idea of ETHICS. In a typical man terms one can comprehend being Ethical amounts to only acting/thinking ethically.  

Presently when we talk about Stephen Glass, one individual understands that there are sure worries as to the calling of media. Being a columnist requires two most significant attributes, first to be honest as in they are to report realities that are valid, something that they have seen or have an affirmed presence of. It is appropriate to take note of that this a calling which supplies truth to the overall population , this advises the general population regarding the occasions that occur or happen close to them, it is on a par with teaching people in general. It is an honorable capacity, altering of any news is the most noticeably awful thing that can affect the general public given the way that PRESS is the fourth bequest in any nation and all the opportunity of articulation begins with this unit. Second is the way that this episode has caused gigantic worry with how trustful can news sources or writer be. This occurrence totally decimates the capacity of Media Outlets and Peoples Belief in them.  

This episode further guarantees the presence of a Media Platform which could practice capacities premise the benefits or the evaluations that they acquire and might I be able to a huge way sway the establishment of its reality.

7 0
3 years ago
Ayayai Corporation reported net income of $50,700 in 2020. Depreciation expense was $17,900. The following working capital accou
Lina20 [59]

Answer:

                                Ayayai Corporation

                            Statement of Cash Flows

                 For the Year Ended December 31, 202x

Cash flows from operating activities:

Net income                                                                         $50,700

Adjustments to reconcile net income:

  • Depreciation expense $17,900
  • Increase in accounts payable $13,600
  • Increase in accounts receivable ($12,000)
  • Increase in AFS securities ($17,100)
  • <u>Increase in inventory ($7,200)                                  ($4,800)</u>

Net cash flow provided by operating activities                $45,900

Notes payable are part of the financing activities of the company, they are not part of the operating activities. So any change in the value of notes payable must be included in the cash flows from financing activities.

6 0
3 years ago
What costs are considered “relevant” and which are considered “irrelevant “to a business
Klio2033 [76]

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

4 0
3 years ago
A(n) ________ offers members focused discussion groups, help, information, and knowledge related to an area of shared practice.
Ronch [10]

A(n) <u>practice network</u> offers members focused discussion groups, help, information, and knowledge related to an area of shared practice.

The idea of the network of practice was created by John Seely Brown and Paul Duguid and is frequently referred to as NoP. This idea, which is connected to Jean Lave and Etienne Wenger's work on communities of practice, refers to the entire collection of various kinds of informal, emergent social networks that enable information sharing between people with practice-related goals.

In other words, networks of practice include electronic networks of practice as well as communities of practice where learning takes place (often referred to as virtual or electronic communities).

To learn more about Practice here

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3 0
2 years ago
Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting
Montano1993 [528]

If the bank notifies the company of a deposited customer check that was returned NSF, the company would have to Debit Accounts Receivable and Credit cash.

<h3>What happens when a check is returned NSF?</h3>

This means that the check did not clear and so the depositor still owes the company the amount they had written on the check.

The company would then have to debit Receivables to show that the person still owes them, and credit cash to show the cash never reported.

Find out more on NSF checks at brainly.com/question/24260989.

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5 0
2 years ago
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