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Hitman42 [59]
3 years ago
5

Adjusting Entries are:

Business
2 answers:
LekaFEV [45]3 years ago
6 0

Answer:

The answer is B.

Explanation:

Some business transactions are so huge or large to the extent that there might be omission or error in recording transactions when they occur.

Adjusting entries are done to update entries for previously unrecorded expenses or revenues. They are usually done at the end of the months.

Since accrual methods are the most preferred, they are done to make Financial statement achieve the objective of 'completeness'

julia-pushkina [17]3 years ago
4 0

Answer: B. updating entries for previously unrecorded expenses or revenues.

Explanation: Adjusting entries are updating for previously unrecorded expenses or revenues. They are entries used in recording business transactions that have taken place but have not yet been appropriately recorded in accordance with the accrual method of accounting—that recognizes revenue in the period in which it was earned and not when cash is received. It is also given as an entry in the general ledger that occurs at the end of an accounting period to record any unrecognized income or expenses for the accounting period. The matching principle is used to match expenses to the related revenue within the same accounting period.

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In November 2008, the Reserve Bank of India (RBI) lowered its "repo" rate, the rate at which it lends to banks, from 8 percent t
Elan Coil [88]

Answer:

The correct answer to the following question is option B) Recession.

Explanation:

The reserve bank of India ( RBI ) has been lowering its repo rate ( which is the rate at which it lends to banks ) to counter the problem of recession in the economy. The aim here is to apply the expansionary monetary policy, in which the money supply in the economy would be increased by cutting down the interest rate, which will lead to decrease in cost of borrowing and increase in investment . The government would also increase its spending.

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3 years ago
This type of cover letter style does a side by side comparison of an employer’s requirements and an applicant’s experience:
Levart [38]

Answer:

B

Explanation:

Got it on edge 2020

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3 years ago
As a manager of the NHQ project, you are performing quantitative risk analysis. You have discovered that one project risk has a
cestrela7 [59]

Answer:

$26,800

Explanation:

Data given in the question

Probability of the risk = 40%

Cost of the project = $67,000

So by considering the above information

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= 40% × $67,000

= $26,800

By multiplying the probability with the cost of the project, the expected monetary value could come

5 0
4 years ago
As a purchasing manager, you have to purchase widgets every week to replenish your inventory. this is a(n) ________ decision.
Hatshy [7]

As a purchasing manager, you have to purchase widgets every week to replenish your inventory. This is a(n) structured decision.

<h3>What is structured decision?</h3>

SDM is a child protective services approach that uses clearly defined and consistently implemented decision-making criteria for screening for inquiry, deciding response priority, recognizing immediate threatening damage, and evaluating the risk of future abuse and neglect.

A company's employment procedure is an example of a structured decision. It is critical to structure repetitive situations so that time is not wasted on insignificant decisions.

Decisions that are unstructured require the decision maker to contribute judgment, appraisal, and insights into the problem definition. Structured decisions, on the other hand, are recurring and routine, and decision makers can handle them efficiently by following a specific protocol.

To know more about structured decision follow the link:

brainly.com/question/17241259

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4 0
2 years ago
The relationship between the task environment and the general environment is best described as:
Elena L [17]

Answer:

C. An open system: Changes in the task environment affect the general environment, and changes in the general environment affect the task environment.

Explanation:

Suppose that the general enviroment is the whole office building, and the task enviroment is your cubicle, and the four other cubicles surrounding you.

If the task enviroment in your area becomes dirty and unpleasant, the working conditions of you and your four colleagues will deteriorate, probably causing loses in productivity, affecting the company's productivity as a whole. Besides, if the task enviroment is not cleaned soon, the dirt will spread to other areas inside the building, affecting the general enviroment.

The general enviroment affects more easily the task enviroment. Simply imagine if the HVAC system of the office building fails: your task enviroment will not have heating or cooling and working conditions will become difficult.

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3 years ago
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