Answer:
The two ways to begin setting up a recurring transaction in quick books online are:
- Create a new transaction or
- Duplicate an existing one
Explanation:
Option One: To set up the transaction,
- Click on settings (It's an icon that looks like a gear)
- From Lists, click on “Recurring Transactions”
- Then select “New”
- Select a transaction type to be created, and press “OK”
- The next step is to name your template then,
- Choose a Type of Transaction. The options are "Scheduled", "Unscheduled" and "Reminder".
Finally, enter the necessary information and Save the Template.
Option Two:
Create templates more quickly by duplicating existing templates. This is a quicker way of setting up transactions.
- Go to Settings
- From Lists, select "Recurring Transactions".
Click on the appropriate template, then select the Action column drop-down menu and select Duplicate. All settings will be inherited by the duplicate copy except the caption.
Cheers!
Answer:
Alphabet stock; Acme Investing; New York Stock Exchange.
Explanation:
Susie buys a share of Alphabet stock through her broker, Mr. Diaz, who works for Acme Investing and purchases the stock at the New York Stock Exchange. In this transaction, Alphabet stock is a financial instrument, Acme Investing is a financial institution, and New York Stock Exchange represents a financial market.
Financial instruments can be defined as assets which are having monetary value or used to record a monetary transaction. Financial instruments are generally classified on the basis of their risks, maturity, issuers etc. Some examples of financial instruments are stocks, treasury bills, commercial paper, money market mutual fund, certificate of deposits, corporate bonds etc. The market where these financial instruments (securities and derivatives) are being traded at a low transaction rate is referred to as the financial market.
Furthermore, financial institutions can be defined as a business firm or company that is involved in the business of trading financial instruments.
Answer:
d.accounting records continuously disclose the amount of inventory
Explanation:
Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:
Received inventory items
Goods sold from stock
Items moved from one location to another
Items picked from inventory for use in the production process
Items scrapped
Answer:
D. HUMAN CAPITAL
Explanation:
Factors of Production are the resources/ inputs used to produce final finished goods output.
There are 4 factors of production:
- Land - is paid 'rent' as factor income
- Labour - is paid 'wages' as factor income
- Capital (Money) - is paid 'return on investment' i.e 'interest' as factor income
- Entrepreneur (Entrepreneurship) - is paid reward as 'profit'.
Labour & Human Capital seeming to be synonyms are different :- 'Human Capital' is the stock of knowledge & skills embodied in 'labour', enabling them to perform tasks of economic value. Firms invest in human capital i.e knowledge/skill enhancement of factor of production 'labour'.
So, Labour and <u>not</u> HUMAN CAPITAL is a factor of production.
Answer:
Direct material= $67,188
Explanation:
Giving the following information:
During October, the company budgeted for 5,100 units, but its actual level of activity was 5,090 units. The company has provided the following data concerning the formulas to be used in its budgeting:
Direct Materials $13.20
Direct material= 5,090*13.20= $67,188