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2 years ago

organizations design and implement systems to capture the details of transactions involved in each business

1 answer:

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Organizations design and implement accounting information systems to capture the details of transactions involved in each business.

<h3>What is accounting information?</h3>

Accounting information is fed into an accounting information system that uses computers to process data. It records and tracks all the accounting activity of the business by making use of information technology systems and resources.

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While a Guaranteed No-lapse Rider relieves the policyowner of the responsibility of monitoring the policy's cash value what is r

True [87]

Pay the Premium in full and on time.

Explanation:

A No-lapse guarantee offers an insurance company commitment that a fixed life insurance policy is in place – even though, as long as the agreed retention premium is calculated at the required time, the cash value in the policies drops to zero or less than zero.

The No-Lapse insurance fee is the amount to be paid in order for the policy to remain in force unless the policy is carried out effectively for a certain number of years. The coverage will continue during the lapse period, even when the cash value drops to zero. The insurer provides the guarantee.

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3 years ago

Which of the following is not a reason for merger and acquisition failures? a) The acquired company assets are poorly integrated

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Answer: The acquisition leads to value creation

Explanation: In simple words, value creating refers to the process under which the company enhances its working image in the eyes of various stake holders.

It is one of the primary objectives of any organisation. Creating value in the eyes of customers help to sell the products in market while value creation for stakeholders increases the stock price and helps in generation of capital.

Hence it is not a failure of mergers and acquisition.

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3 years ago

Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers br

goldfiish [28.3K]

Answer:

trialability

Explanation:

Since in the given situation it is mentioned that an online retailer offers for free try for his customers and the customers select five pairs theywant to try. Also they could select either for purchase or return

So here it related to the trail of its products where the customer could see whether the company product provide the satisfaction or not and according to this they take the decision whether to purchase the product or not

Hence, the last option is correct

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3 years ago

On March 2, Horst Company sold $891,800 of merchandise to Bernadina Company, terms 2/10, n/30. The cost of the merchandise sold

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Answer:

Account Receivables 891,800 debit

Sales Revenues 891,800 credit

COGS 501,700 debit

Merchandise Inventory 501,700 credit

Sales Returns 111,200 debit

Account Receivables 111,200 credit

Merchandise Inventory 67,630 debit

COGS 67,630 credit

Cash 764,388 debit

Sales discounts 15,612 debit

Accounts Receivables 780,600 credit

---------------

Inventory 908,200 debit

Account payable 908,200 credit

Accounts Payable 103,900 debit

Inventory 103,900

Accounts Payable 804,300 debit

Inventory 24,129 credit

Cash 780,171 credit

Explanation:

We have to record making debit = credit

when we sale the amount due form the customer is receivable

when we purchase the amount is payable.

1.- Balance of Bernandina:

891,800 - 111,200 = 780,600

discount of 2%:

780,600 x 0.02 = 15,612

proceeds from Bernandina:

780,600 - 15,612 = 764,388‬

2.- Purchase to Pineda's Balance:

908,200 - 103,900 = 804,300

we apply the discount

804,300 x 3% discount = 24,129

then, we calculate the amount due

804,300 - 24,129 = 780,171‬

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3 years ago

Review how organizations interact with their external environment (as open systems and complex adaptive systems).

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Answer:

For an organization to survive, it must exchange information with it's external environment. An organization has no control over it's external environment, hence, it as to use the information of it's external environment for planning.

Explanation:

Wells Fargo, was one of the most valued bank, that operated a successful open system, before the scandal became public. However, it could not survive it's complex external environment, as the scandal had damaged the reputation of the bank, which largely affected the bank's market share.

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3 years ago