its not b. the periods net income to be understated
Banks and Credit Unions usually charge the lowest rates on loans.
Answer:
The options in the question are not well aligned,find below question with properly aligned options:
A subsistence economy is one that ________.
a. meets its needs without working for wages and purchasing necessities
b. meets its needs by overfishing lakes and rivers
c. purchases resources for immediate use
d. meets is needs while causing ecosystem destruction
e. purchases goods and services from others
Hence the correct option is A,meets its needs without working for wages and purchasing necessities
Explanation:
In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.
Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.
Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange
Answer: a.$4,576
Explanation:
Sometimes the cash balance according to the books is not the same as the cash in the bank account and this is due to some transactions not being recorded by either the bank or the firm.
Adjusted cash balance per books = Unadjusted cash balance + Note receivable and interest collected by bank - Bank charge for check printing - NSF Check
= 4,022 + 746 - 28 - 164
= $4,576
The statement "The main purpose of short-term planning is to meet your fixed expenses and plan for discretionary expenses. is true. Option A
<h3>Short-term planning: what is it?</h3>
Short-term planning is often expected to take a year or less. Your daily, weekly, monthly, even quarterly and annual objectives might be considered "short-term goals." They act as stepping stones to help you achieve your primary goal.
A short-term goal is anything you can accomplish in less than a year. Short-term goals might be as simple as reading two books per month, quitting smoking, exercising twice per week, developing a morning routine, etc. The claim is thus accurate.
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