Answer:
Paying salaries to employees is a cash out flow and an operating activity
Receiving cash for services it will perform in the future is a cash inflow and an operating activity
Pays back principal on a bank loan evidenced by a promissory note is a cash outflow and a financing activity
Sells equipment previously used in business for cash is a cash inflow and an investing activity
Cash purchase of equipment to be used in business is a cash outflow and an investing activity
Payment of cash dividend to the stockholders in a cash outflow and a financing activity
Explanation:
Answer:
Each manager should be evaluated on the costs but not the revenues that are under his or her control.
Explanation:
Controllability refers to the amount of influence that a manager has over costs or revenues. In responsibility accounting, only those elements are identified which are controllable. A person is given the responsibility for managing such kind of elements.
A person is given an authority to control the costs so that they are able to keep up their performance.
However, according to the controllability concept to responsibility accounting,
each manager should also be evaluated on the revenues that are under his or her control.
Answer:
D. Shortages abound due to the fact that the government cannot rely on good information.
I think the best balance to be used would be a top-loading balance. Although, a platform triple beam balance and a single pan triple beam balance are accurate balances however they could not read up to the third decimal place which can be done in some of the top-loading balances.
Answer:
$17,664
Explanation:
The amount of money that Carl father has to pay for his monetary prize occur in the future is shown below:
Present value = Amount paid × (P/F, 5%,6)
Present value = $23,672 × 0.7462153966
= $17,664
hence, the amount that willing to pay is $17,664 and the same is to be considered
We simply applied the above formula so that the correct value could come
