Answer:
4. Adjusting entries are typically recorded on the last day of the accounting period.
Explanation:
They aer recorded on the last day of the accounting period as we do adjustment for accrual accounting like:
expired prepaid rent, expired prepaid insurance, accrued wages payable, accrued revenues, accrued interest revenues or interest expense, depreication on assets, amortization and other.
Answer:
D. $4,000 increase
Explanation:
Net Income = Sales revenue - Variable costs - Special costs (for executing this order)
15 X 3,000 - 12 X 3,000 - 1 X 3,000
Or, Net Income = 30,000 - 24,000 - 2,000
Or, Net Income = 4,000
Thus, option D is the correct answer.
Answer: A. Target Market
Explanation: A target market refers to a pool of potential Individuals, group or consumers which a company has identified as being the most likely to purchase it's product. The target market may be individuals or groups belonging to the same age group, sex, occupation, hobby, education, location, race, skin color or even weight. Identifying a target market enables companies prepare a marketing plan centered around its potential consumers. Failure to identify a target market could be devastating for business growth.
Cause and effect in the context of business cycle refers to actions done for a project in the business. Cause and effect may also refer to the stocks or market proceeds (e.g. Because of ____________, the proceeds were higher/lower).
I'm pretty sure that people that do businesses and sell products and have services usually use .com and .org.
