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1 year ago

Carrer planning and skill development unit 5 lesson 9 searching for a job unit test

Business

1 answer:

Feliz [49]1 year ago

8 0

There are three categories of skills: self-management, functional, and specialized knowledge.

<h3>What is management?</h3>

In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.

A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.

Therefore, skills: self-management, functional, and specialized knowledge.

Learn more about the management here:

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After the issuance of its year 1 financial statements, Serenity Inc. discovered a computational error of $150,000 in the calcula

Vladimir79 [104]

Answer: C. $150,000 credit

Explanation:

In the financial statements for year 2, it should be noted that the year 1 retained earnings balance, should be adjusted by $150,000 credit.

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antiseptic1488 [7]

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Assets = Liabilities + Equity

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Cash +$68,000 = Liabilities + Equity (Service Revenue) +$68,000

Office Supplies +$1,100 = Liabilities (Accounts Payable) +$1,100 + Equity

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Cash -$6,000 = Liabilities + Equity (Dividend) -$6,000

Cash -$21,000 = Liabilities + Equity (Operating Expenses) -$21,000

Dec. 31 Year 1:

Office Supplies -$1,005 = Liabilities + Equity (Supplies Expenses) -$1,005

Assets = Liabilities (Unearned Service Revenue) -$14,850 + Equity (Service Revenue) +$14,850

<u>Income Statement:</u>

Service Revenue +$68,000

Operating Expenses -$21,000

Supplies Expenses -$1,005

Service Revenue +$14,850

<u>Cash Flows Statement:</u>

Unearned Service Revenue +$19,800 Operating cash inflow

Service Revenue +$68,000 Operating cash inflow

Accounts Payable -$990 Operating cash outflow

Dividend -$6,000 Financing cash outflow

Operating Expenses -$21,000 Operating cash outflow

Data Analysis:

April 1, Year 1:

Cash $19,800 Unearned Service Revenue $19,800

Cash $68,000 Service Revenue $68,000

Office Supplies $1,100 Accounts Payable $1,100

Accounts Payable $990 Cash $990

Dividend $6,000 Cash $6,000

Operating Expenses $21,000 Cash $21,000

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Service Revenue $14,850 Unearned Service Revenue $14,850 ($19,800 x 9/12)

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