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3 years ago

What is an outstanding check?

1 answer:

3 0

<span>An outstanding check is a check issued by the payor and released to the payee that remains to be undeposited or uncashed check at a certain financial period. When reconciling the bank statements with company books, an outstanding check is deducted from the unadjusted bank balance to arrive at the adjusted bank balance. </span>

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Which of the following is NOT a role the Human Resources department plays when helping orient employees?

raketka [301]

Answer:

Analyzing new employee morale.

Explanation:

Employee Orientation is the day when an employee joins the company; his/her first day at work. The role that an HR plays to help orient employees is to ensure that the employee feels welcomed and comfortable.

HR would orient employee by introducing them to their co-workers, assist them in their adjustment phase, and also help them fill paperwork.

HR also introduces the new employees to the policies of company, expectations, also briefed about their work.

<u>The role that's not performed by an HR is that they do not analyze morale of new employee, instead they boost their morale and help them to get comfortable</u>.

Thus the correct answer is the last option.

4 0

3 years ago

Why is compounding interest monthly better than yearly ?

dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

It is generally said that if you can get monthly annual payments compared to yearly payments take it without a thought. This statement explains a lot; normally month payments are not available, but in some case they are. In annual payments, 12 months are compounded that is why it is higher rate compared to monthly. So, monthly payments are preferred

6 0

3 years ago

Day 2: Whoever says the craziest comment you can have (brainlyest) and you get free points :) good luck

MissTica

Answer:

If the movie 'Finding Nemo' were scientifically accurate, Nemo's dad would have become female after Nemo's mom died. Then he would have mated with his son.

Explanation:

6 0

3 years ago

Read 2 more answers

Assume that you are saving up for a trip around the world when you graduate in two years. If you can earn 6% on your investments

AURORKA [14]

Answer:

$12,015 approx.

Explanation:

To calculate present value of a future amount, the future amount is discounted at the rate of interest for the period of investment, which reveals present value as on today. The technique is referred to as discounting technique.

Suppose P denote the amount invested today, which when matured after period of two years yields $13500. Following formula is used for calculating the money invested:

$A =\ P (1\ +\ \frac{R}{100}) ^{n}$

wherein, A = Amount

P = Principal

R = Rate of interest

n = number of years

$13500 =\ P (1\ +\ \frac{6}{100}) ^{2}$

13,500 = 1.1236 P

⇒ P = 12,015 Approx.

Thus, $12015 is required to be deposited today so as to yield $13,500 after 2 years compounded at 6% per annum rate of interest.

5 0

3 years ago

Read 2 more answers

Selected transactions for L. Takemoto, an interior decorating firm, in its first month of business, are as follows.Jan. 2 Invest

MAXImum [283]

Answer:

Date Type Specific Account Effect Normal Balance

Jan 2 Asset Cash Increase Debit

Equity Common Stock Increase Credit

Jan 3 Asset Motor Car Increase Debit

Asset Cash Decrease Debit

Jan 9 Asset Supplies Increase Debit

Liability Trade Payable Increase Credit

Jan 11 Equity Service Revenue Increase Credit

Asset Trade Receivable Increase Debit

Jan 16 Asset Cash Decrease Debit

Equity Advertising Decrease Credit

Jan 20 Asset Cash Increase Debit

Asset Trade Receivable Decrease Debit

Jan 23 Asset Cash Decrease Debit

Liability Trade Payable Decrease Credit

Jan 28 Equity Dividend Payable Decrease Credit

Asset Cash Decrease Debit

Explanation:

All Asset accounts have debited balances while all liability and equity accounts have credit balances.

Income and Expense are subset of equity account. Hence any item relating to them will be categorized under equity.

Explanation:

4 0

3 years ago