Answer:
D. Merchandise Inventory xxx
Accounts Receivable xxx
Explanation:
The Journal Entry is shown below:-
Merchandise Inventory A/c Dr, xxx
To Accounts Payable xxx
(Being purchase of inventory on account is recorded)
Therefore inventory is purchased so it will increasing assets, it is debited while accounts payable is increasing liabilities so it is credited.
Answer:
The systems that support functions that are absolutely critical to the organization
Explanation:
Only the systems that support functions that are absolutely critical to the organization. Critical in such that it no organization can do without them, I.e they are very important to for their survival.
Customer relationship management<span> (</span>CRM) is important<span> in running a successful </span>business<span>. The better the relationship, the easier it is to conduct </span>business<span> and generate revenue.</span>
The process of researching and creating new instruments to meet the requirements of investors and institutions in a financial environment that is rapidly shifting is known as financial engineering.
The application of mathematical techniques to the resolution of finance-related issues is known as financial engineering.Financial mathematics, mathematical finance, and computational finance are all other names for it.Tools from applied mathematics, computer science, statistics, and economic theory are used in financial engineering.
What distinguishes finance from financial engineering?
The fact that finance professionals use the products that finance engineers create in order to serve clients is a basic way to understand the difference between the two professions. Even though the two professions are distinct, they collaborated to create the industry we know today.
Learn more about financial engineering here:
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