Ask question

Ask question

All categories

3 years ago

10

Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you

bank account.

1 answer:

erastovalidia [21]3 years ago

7 0

The answer of the question is Net Pay

You might be interested in

Identify an expansionary fiscal policy. increasing personal taxes increasing government spending buying government securities in

Greeley [361]

An example of an expansionary fiscal policy is INCREASING GOVERNMENT SPENDING. An expansionary fiscal policy refers to a policy that is used to increase the money supply in an economy. Expansionary fiscal policy come in form of tax cuts, transfer payments, increased government spending and rebates.

6 0

2 years ago

Which of the following entries would be recorded by a company that uses the cash basis method of accounting? A. Salaries Expens

liubo4ka [24]

Answer:

B is the correct option, because it indicates that rent expense was only recognized in the books of account when paid for in cash.

Explanation:

Cash basis of accounting simply implies that an organization that adopts it recognizes income when received and expense when paid for in cash.

The above is different from accrual basis,where income is recognized when earned(when obligation is discharged by the seller) and expense when incurred(when the goods involved or services have been received)

All other options except B have something to do with payment on account,hence they are wrong.

6 0

3 years ago

In the framework of monopolistic competition, which of the following is not a possible outcome for a firm that runs a successful

castortr0y [4]

Answer:

The correct answer is A)

Explanation:

When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.

A market system characterized as monopolistic competition may <u><em>never </em></u>achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.

Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.

Cheers!

5 0

2 years ago

When examining whether a company has underrecorded accounts payable, all of the following ratios are helpful EXCEPT: a. Quick as

Valentin [98]

<u>Answer:</u> Option B

<u>Explanation:</u>

Under recording the liability in the balance sheet such as accounts payable may become a liability fraud case. It is significant that the balance sheet has to be analysed using the acid test ratio which is quick assets/current liabilities. If this ratio has increased suddenly then it is clear that the accounts payable is understated.

Unearned revenue/ accounts payable ratio is used to determine the current liability of the company. This ratio cannot be used to find the under recorded accounts payable.

3 0

3 years ago

Kulka Corporation manufactures two products: Product F82D and Product T05P. The company uses a plantwide overhead rate based on

aleksandr82 [10.1K]

Answer:

Total manufacturing overhead cost for T05P <u>$</u>303,000

Explanation:

Using the ABC system, the amount of total manufacturing overhead cost would be assigned to Product T05P is:

1. 4,000 / 9,000 machine hours x $180,000.....$80,000

2. 90 / 250 set ups x $125,000............................$45,000

3. 1 / 2 products x $44,000....................................$22,000

4. 6,000 / 10,000 labor hours x $260,000......<u>$156,000</u>

Total manufacturing overhead cost for T05P <u>$303,000</u>

5 0

2 years ago