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3 years ago

Assets are

Business

1 answer:

dusya [7]3 years ago

7 0

Answer:

a. financed by the owner and/or creditors

Explanation:

a - Assets are the resources the company has for the development of its activities, such as cash, bank accounts, inventory, fixed goods, etc. Those assets can be financed by creditors or the owner. Creditors lend resources the company must return, for example, a company buys on credit the good to sells. The owner, for example, may give a property where the company develops the activity.

b - They can be lower or higher than liabilities.

c - They are different than expenses because are more permanent and can be acquired in different ways not only with cash.

d - They are equal to liabilities plus owner´s equity.

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What is the purpose of Amazon Dash?

Effectus [21]

Answer:

D. To allow consumers to rapidly place orders with Amazon.

Explanation:

The Amazon Dash Button is a small device that you can stick to virtually any surface in your home, and it let's you instantly order household items you're about to run out of.

3 0

4 years ago

The prepaid insurance account had a balance of $9,400 at the beginning of the year. The account was debited for $10,400 for prem

soldier1979 [14.2K]

Answer:

Following are the response to the given points:

Explanation:

$\text{Insurance Expense} =\text{ Beginning Prepaid Insurance} + \text{Cash Premium Paid} -\text{Ending Prepaid Insurance}$

$= \$9,400 + \$10,400 - \$3,730\\\\ = \$16,070$

$Date \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Dr. \ \ \ \ \ \ \ \ \ Cr. \\\\$ $March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense \ \ \ \ \ 16,070 \ \ \ \ \ \ \ \ \ \ \ \ \ \\\\$

$Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 16,070\\\\$

For point b:

$Date \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ General \ Journal \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Dr. \ \ \ \ \ \ \ \ \ Cr. \\\\$ $March \ 31\ \ \ \ \ \ \ \ Insurance \ Expense \ \ \ \ \ 18,100 \ \ \ \ \ \ \ \ \ \ \ \ \ \\\\$

$Prepaid\ Insurance \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 18,100\\\\$

5 0

3 years ago

Of the various business-level strategic alliances, __________ alliances have the most probability of creating sustainable compet

Vikki [24]

Answer:

Of the various business-level strategic alliances, <u>VERTICAL COMPLEMENTARY</u> alliances have the most probability of creating sustainable competitive advantage, and <u>COMPETITION REDUCING</u> have the lowest.

Explanation:

A vertical complementary alliance takes place between a manufacturer and a supplier that come together. This usually happens through a requirements contract where the supplier agrees to only sell its materials, components and parts to the manufacturer and the manufacturer agrees to only purchase the components, materials and parts needed from that specific supplier.

On the other hand, competition reducing alliances are generally horizontal alliances where companies agree to work together in order to reduce uncertainty, instead of focusing on gaining market share.

4 0

3 years ago

Multiple copies of the purchase order are prepared for recordkeeping and distribution with a copy of the purchase order sent to

drek231 [11]

Answer:

B. Accounts Payable, Receiving and Inventory Control Department

Explanation:

First, the Multiple Choices

A. Accounts Payable, Receiving, and Stores Control Departments.

B. Accounts Payable, Receiving, and Inventory Control Departments.

C. Accounts Payable, Accounts Receivable, and Receiving Departments.

D. Accounts Payable, Receiving, and Production Planning Departments.

Accounts Payable

The organisation is making a purchase, hence, there will be financial implications and payments that need to be made for the purchase. Therefore Accounts payable is involved

Receiving

The department for receiving the order from the vendor is also crucial, the responsibility of this department is to ensure that all that was ordered and paid for on the purchase order sent to the vendor were delivered. The receiving department will also ensure that there are no defects in the supplied materials.

Inventory Control

Inventory Control is crucial as the department is responsible for ensuring that the optimal level of inventory is supplied and kept per time. The inventory control department should get a copy of the purchase order, compare with available inventory and see the incoming order is adequate for the optimal inventory size for the organisation.

Departments not Involved

Stores Control Department in option A is not involved because stores control takes care of the store in general while inventory control ensures that optimal stock level is maintained.

Accounts Receivable in option C is not involved because money is not coming in

Production Planning in option D is not involved because the company is not planning to produce, it is purchasing.

5 0

3 years ago

In most nations, one or more governing bodies must approve government spending or new tax policies. this process causes a(n) ___

sergeinik [125]

In most nations, one or more governing bodies must approve government spending or new tax policies. this process causes a(n) implementation lag.

Implementation lag is the delay between an adverse macroeconomic event and the implementation of a fiscal or monetary policy response by the government and central bank. Implementation lag can result into delays due to various reasons such as failure in recognizing a problem, disagreements and bargaining over the appropriate response; physical, technical and administrative constraints etc.

Implementation lag may reduce the effectiveness of a policy response or even result in periods of procyclical policy. There is always an implementation lag after a macroeconomic surprise.Policy makers may not ever realize there is a lag due to data lag.

To learn more about macroeconomic click here:

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1 year ago