Answer:
a. private enterprise
Explanation:
Economics systems can be categorized as;
- Command or planned economic systems
- Mixed economies
- Market or free enterprise economies
The market or free enterprise economy is also the private enterprise economy. This economic system has the private sector as the primary producers of goods and services. The government does not interfere with economic activities.
In the private enterprise economy, private firms and individuals have the freedom to start and operate a business of their preferences. The government does not regulate the production, distribution, or prices of products. The private sector engages in business activities that will generate maximum profits for them.
Answer:
The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Explanation:
Allowance for Doubtful Accounts balance should be Credit balance, Since we have $120 debit balance and want to create $790 Allowance for Doubtful Accounts credit balance we have to credit Allowance for Doubtful Accounts by ($790 + $120 = $910) to get Allowance for Doubtful Accounts $790 Credit balance.
Therefore, The adjusting entry at the end of the year will include a credit to allowance for doubtful accounts in the amount of $910.
Answer:
As a disclosure only. No liability is reported
Explanation:
According to the International Accounting Standard IAS 37 Provisions, Contingent Liabilities and Contingent Assets, contingent liability can only be recorded if the likelihood of recording of the loss is reasonably probable and in this case the chances of occurence of the liability is reasonably possible which must not be recorded. The only effect would be disclosing the litigation matter and not including the liability amount that will arise if it goes wrong.
Answer:
During filling a job application the employer needs to know and verify all the information related to you and your previous jobs in order to know and adapt in case you may have an special requirement like religion or disability. This will allow to the employer to know you more and to create a psychological profile of you.
The correct answer for this multiple choice question will be all the options apply.
Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter, adrian should identify the position applied for in the project line.
In an email while applying for any job, jobseeker should use the job title as the subject line, so that the employer get to know what position the jobseekers are interested in.
That helps the busy hiring managers who are recruiting for multiple positions to see at a glance which job jobseeker are applying for.
Mentioning the job title which is also helpful in the case there is an automated filter that categorizes the hiring manager’s email. With the right subject line, jobseeker will be sure that his application is placed in the appropriate folder to be seen in a timely manner.
To know more about job title here:
brainly.com/question/12174315
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