Answer:
When you see the operations of an organization, it is composed of different factors, one of them is the decision process because people who have obligations must have the ability to make the best decisions, then each person in the organization is in the role which should know the functions they fulfill and therefore, must always keep updating their capabilities and finally, the processes are very relevant because the definition of each of the processes efficiently, makes the organization controls are complied with if These are not efficient, there would be a failure in what the objectives are.
Answer:
b. external and favorable
Explanation:
The SWOT analysis reveals the Strengths, Weakness in the company (Internal) and the Opportunities and Threats (External) of the company when evaluating the Company within a given market.
The Opportunities are External (arising from the macro-economic environment) and Favorable (factors that promote business).
Answer:
Debit Insurance Expense 440
Credit Prepaid Insurace 440
Explanation:
Since on January 1, the company purchased a five year insurance policy for $2,200 that means we have to divide the insurance policy amount of $2,200 by the numbers of year which is 5 years .
Hence:
$2,200/5 years
=440
Therefore the adjusting entry at the end of the first year is:
Debit Insurance Expense 440
Credit Prepaid Insurace 440
Answer:
You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.