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3 years ago

Which of the following statements is NOT true regarding locationâ decisions?

Business

1 answer:

Lilit [14]3 years ago

8 0

Answer: The correct answer is choice b.

Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.

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The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending bal

lianna [129]

Answer:

reconciliation of bank balance:

bank balance $2,525

+ deposits in transit 11/29 $125

+ deposits in transit 11/30 $200

- outstanding check N. 322 $17

- outstanding check N. 324 $105

- outstanding check N. 327 $54

adjusted bank balance $2,674

reconciliation of checking account:

checking account balance $2,964

+ error on Check N. 321 $20

- NSF check $185

- unrecorded ATM withdrawal $100

- bank fees $25

adjusted checking account $2,674

To correct the error on Check N. 321

Dr Cash 20

Cr Accounts payable 20

To record NSF check

Dr Accounts receivable 185

Cr Cash 185

To record ATM withdrawal

Dr Drawing - Susan Kyri 100

Cr Cash 100

To record the bank fees

Dr Bank charges 25

Cr Cash 25

4 0

3 years ago

A project sponsor is responsible for ensuring that all of the project management and technical development processes are in plac

MariettaO [177]

Answer: False

Explanation: The operations defined in the given problem are performed by the project manager and not the project sponsor.

The project manager is typically considered as the owner of the project. Its main duties relates to providing necessary resources to complete the project. On the other hand the project manager is responsible for completing the project in the way it was planned to be.

Thus, the given statement is false.

3 0

3 years ago

A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership,

Kruka [31]

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

7 0

3 years ago

Based on the Management in Action case, if an employee asks Korey for time off to take care of a sick child, Korey may believe t

yaroslaw [1]

Korey's perceptual bias is the fundamental attribution.

Fundamental attribution occurs if an individual tries to explain the behavior of another person based on his/her personality, rather than based on the situation.

This type of bias is shown by Korey because he:

Thinks the employee is lazy, which is related to personality features.
He does not consider the situation or the fact the employee needs time to take care of the child, and it is not just avoiding work.

Learn more in: brainly.com/question/13044778

5 0

3 years ago

A. How much would you pay for a Treasury bill that matures in 182 days and pays $10,000 if you require a 1.8% discount rate?

Sonja [21]

Answer: $9909

Explanation:

Let the amount that will be paid be represented by y. The question can now be solved as:

(10000 - y)/10000 × 360/182 = 0.018

(10000-y)/10000 = 0.018 × 182/360

(10000 - y)/10000 = 0.0091

10000-y = 0.0091 × 10000

10000 - y = 91

y = 10000 - 91

y = $9909

4 0

3 years ago