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3 years ago

The technological advancement allowing for _____ has created a potential for inappropriate access and/or misuse of information.

Business

2 answers:

sashaice [31]3 years ago

5 0

It is file sharing.

-Dominant- [34]3 years ago

3 0

The correct answer is B. File-sharing

Explanation:

File sharing programs or services are used to provide other users access to documents, images, and content. This means through file haring you can share content stored in your computer to any other user. This has many advantages as users can share or send media to others which expands accessibility.

However, file-sharing also implies users can share inappropriate content such as violent content or access and use the information without the approval of the author which leads to copyright issues. Additionally, due to the massive use of internet misuse of information or violations in access are difficult to control and regulate. According to this, it is file sharing the technological advancement that has created a potential for inappropriate access and/or misuse of information.

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During the course of your examination of the financial statements of the Hales Corporation for the year ended December 31, 2021,

Natasha2012 [34]

Answer:

adjusting entries:

a. An insurance policy covering three years was purchased on January 1, 2021, for $6,600. The entire amount was debited to insurance expense and no adjusting entry was recorded for this item.

Dr Prepaid insurance 4,000

Cr Insurance expense 4,000

b. During 2021, the company received a $850 cash advance from a customer for merchandise to be manufactured and shipped in 2022. The $850 was credited to sales revenue. No entry was recorded for the cost of merchandise.

Dr Sales revenue 850

Cr Unearned revenue 850

c. There were no supplies listed in the balance sheet under assets. However, you discover that supplies costing $900 were on hand at December 31.

Dr Supplies 900

Cr Supplies expense 900

d. Hales borrowed $25,000 from a local bank on October 1, 2021. Principal and interest at 12% will be paid on September 30, 2022. No accrual was recorded for interest.

Dr Interest expense 750

Cr Interest payable 750

e. Net income reported in the 2021 income statement is $40,000 before reflecting any of the above items.

net income after adjustments = $40,000 + $4,000 - $850 + $900 - $750 = $43,300

4 0

3 years ago

Question 2 Which of the following are wholesale and which are retail? (a)Large-scale deposits made by firms at negotiated rates

NNADVOKAT [17]

Answer:

Wholesale banking refers to banking services sold to large clients, such as other banks, other financial institutions, government agencies, large corporations, and real estate developers. It is the opposite of retail banking, which focuses on individual clients and small businesses. Wholesale banking services include currency conversion, working capital financing, large trade transactions, mergers and acquisitions, consultancy, and underwriting, among other services

7 0

2 years ago

One of the most common mistakes new business owners make is

poizon [28]

Not knowing there market or customer's needs.

8 0

3 years ago

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.6

storchak [24]

Answer:

b. 18,602 units.

Explanation:

First, we need to use last year's information to determine last year's fixed costs.

Price (P1) = $7.68

Variable costs (VC1) = $2.25

Units sold to break-even (n1) = 21,800

At the break-even point, net income is zero and the fixed cost can be found by:

$N=0 = n_1*(P_1-VC_1) -FC_1\\0=21,800*(\$7.68-\$2.25) - FC_1\\FC = \$118,374$

With information from last, information for the current year can be determined:

Price (P2) = $10.00

Variable costs (VC2) = $2.25 x 1.3333 = $3.00

Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4

The number of units required to break even is:

$N=0 = n_2*(P_2-VC_2) -FC_2\\0=n_2*(\$10-\$3) - \$130,211.4\\n_2 = 18,601.63\ units$

Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.

7 0

3 years ago

At a busy meeting of the international sprout growers, you want to make contact with as many people as possible. luckily, you re

pav-90 [236]

The correct option is B.
The eight minute rule is put in place to improve efficiency and productivity. In a busy meeting, where one is meeting a lot of new people that one will like to interact with, this rule demands that one should only spend only a few minute with each person.

6 0

3 years ago