Answer:
Amortized loan
Explanation:
An amortized loan is a loan with scheduled periodic payments that are applied to both principal and interest. An amortized loan payment first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.
Interest is calculated based on the most recent ending balance of the loan and the interest amount owed decreases as payments are made. This is because any payment in excess of the interest amount reduces the principal, which in turn, reduces the balance on which the interest is calculated.
Answer:
B) The country club style
Explanation:
Based on the scenario being described within the question it can be said that the leadership style being used is known as the country club style. This style focuses on showing most concern for employees and less concern for production processes, with the main idea that if individuals are happy with their job position then they will work harder which will in term, increase production.
Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.
Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.
In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.
Answer:
Strategic dissonance
Explanation:
Based on the information provided within the question it can be said that the term that best illustrates the situation is Strategic dissonance. This term intents to describe the disconnect between the organization's actions from their actual intent. Which seems to be the case in this scenario as Cardwire Inc. has lowered it's prices in order to sell more and lower it's overall costs but has instead spent more on buying raw materials.
