Answer:
The item would be included in the bank reconciliation as an addition to the balance as per the records of the company.
Explanation:
Bank reconciliation is the procedure in which the balances of the entity accounting records for a cash account to the corresponding information on a bank statement is matched.
In this case, as the check is drawn by the company which means that the same amount is to be deducted from the company books but the amount of $430 got deducted which is a wrong amount as the actual amount is $340, so the amount to be added back to the balance as per company records.
Answer:
The correct answer is letter "A": negative inequity.
Explanation:
John Stacey Adams proposed the Equity Theory stating wages and work conditions are not the only factors that motivate employees at work. According to Adams worker look for a balance between their inputs such as effort, skills, abilities or commitment and outputs like recognition, reputation, praise or job security.
Negative inequity arises when individuals feel their outputs are undervalued in regards to their inputs and positive inequity when the outputs overvalue the inputs. Then, <em>Sophia is feeling negative inequity since she believes it is necessary to work harder (effort) so the workload of her team (output) can be increased compared to smaller regional airports.</em>
Answer:
- Differences in values
- C. Tariffs and import quotas generally reduce economic welfare.
Explanation:
Yvette and Sean most likely have a difference in values because they believe that one thing is better for the economy than the other. This means that when it comes down to the economy, they value a certain approach over other approaches.
Economist don't usually find common ground on many things but there are some things where they have a general consensus and one of them is that tariffs and import quotas are bad for the economy. They believe that people stand more to gain from free trade than restricted trade.
The projected benefit obligation was underfunded at the end of 2021 by: $40,000
Solution:
Given,
PBO, January 1, $240,000
December 31, $270,000
pension plan assets (fair value) January 1, $180,000
December 31, $230,000
Now ,
The projected benefit obligation was underfunded at the end of 2021 by :
PBO ($270,000)
Plan assets 230,000
Funded status ($40,000) [ $270,000 - 230,000 ]
∴ The projected benefit obligation was underfunded at the end of 2021 by: $40,000
