Social business commonly involves sites like twitter and Facebook to collaborate with customers. The term social business is described by the <span>Professor Muhammad Yunus.
</span>This type of business includes social media as part of its business plan. It is a beginning point for the sharing economy<span>, because it facilitates the ways that companies can use </span>crowd-based<span> technologies.</span>
The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
<h3>What is a
work sheet?</h3>
A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements
Some benefit of work sheet in preparation of financial statement includes:
- its reduces the possibility of errors when working with many accounts and adjustments
- its links accounts and adjustments to their impact on financial statements
- its helps in preparing interim financial statement
- its shows the effects of proposed or "what-if" transactions.
In conclusion, the work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
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Answer:
contains both a marketing plan and a financial plan
Explanation:
A business plan is a document that provides the direction of a business as it explains the business idea, the goals and the strategies to achieve them. A business plan usually contains an executive summary, the company's description, a marketing plan and a financial plan. According to this, the answer is that for an entrepreneur, a business plan contains both a marketing plan and a financial plan.
Answer:
The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>
Explanation:
The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.
Considering that you are able to give a thirty-day notice, rent.
<h3><u>What does a 30-day notice mean?</u></h3>
A month-to-month lease is most frequently terminated using the 30-day notice; however, the lease can also be changed using this clause. If a landlord rents property on a month-to-month basis and decides to increase the rent, make it a no-smoking area, stop allowing pets, or make any other changes to the lease, the landlord is required to give the tenant a 30-day notice before the changes take effect.
The tenant may give the landlord a 30-day notice to leave the property if they do not wish to continue renting under those conditions. A term lease cannot be modified by a landlord with a 30-day notice.
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