1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Art [367]
3 years ago
6

When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes ________.

Business
1 answer:
miskamm [114]3 years ago
4 0

Answer:

The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

Explanation:

As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.

Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.

So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.

Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

You might be interested in
If jorge produces 20 pounds of green beans, he can produce _______ pounds of corn
aniked [119]

If jorge produces 20 pounds of green beans, he can produce  <u>240 </u>pounds of corn.

<h3 /><h3> Production Possibilities Schedule</h3>

Based on the  Production Possibilities Schedule table given pound of green beans is 20 while pounds of corn is 240.

Based on this if he produces 20 pounds of green beans he can as well produce 240 pounds of corn.

Jorge's Production Possibilities Schedule

Pounds of Green       Beans Pounds of Corn

20                                 240

Therefore If jorge produces 20 pounds of green beans, he can produce  <u>240 </u>pounds of corn.

Learn more about  Production Possibilities Schedule here:brainly.com/question/26492942

#SPJ12

6 0
1 year ago
Architects consider this when designing a building.
frozen [14]
When designing a building an architect consider following things;
<span>The site or place where the building is going to be constructed, second thing he considered is engineering, another thing he considered while designing is the needs of the user and the materials which are going to be used in constructing a building.</span>
5 0
3 years ago
The __________ is the combination of media used and the frequency of advertising in each medium. Question 34 options: media plan
Kryger [21]
The media mix is the combination of media used and the frequency of advertising in each medium.
5 0
3 years ago
Brainleist What Does Success Look Like After You've Been on the Job Six Months?
stiks02 [169]

Answer:

it depends on the job and if you are experienced, If you get a job that pays 15$ an hour then you whould be at a good start

7 0
3 years ago
Read 2 more answers
Beckingham Sports is an American sporting goods company. Based on $400,000 spent on market research and $600,000 spent on consul
Cerrena [4.2K]

Answer:

The correct answer is E)

Explanation:

Capital budgeting is an accounting method that corporations use to decide which planned acquisitions of fixed assets will be approved and which should be refused.

Some examples of Capital Expenditures include:

  1. Construction of an additional building
  2. Procurement of delivery vehicles
  3. Procurement of new equipment
  4. Rehabilitation of existing equipment

If one of the criteria for classification under Capital Expenditure is that it must be in the plan, then none of the above items mentioned in the question will fly.

Monies have already been expended on the options A, B, and C.

Option D is an offer to purchase an existing asset, not a planned investment. Therefore it also does not qualify.

Hence the correct answer is E.

Cheers!

3 0
3 years ago
Other questions:
  • Ming, a global business person, had a conversation with a local shop owner in his city. The shop owner asked Ming about the chal
    14·1 answer
  • Gloria Company had no beginning work in process. During the period, 16000 units were completed, and there were 1200 units of end
    7·1 answer
  • You manage a pension fund that promises to pay out $10 million to its contributors in five years. You buy $7472582 worth of par-
    5·1 answer
  • Which competency area of the human service professional is defined as follows: "The community human service practitioner is know
    9·1 answer
  • Natalie is thinking of buying a van that will be used only for business. The cost of the van is estimated at $36,500. Natalie wo
    12·1 answer
  • Workhorse Air Crane Corporation employs aircraft mechanics, computer programmers, outside salespersons, and professionals, inclu
    5·1 answer
  • If a firm is following the cost leadership strategy, and overhead accounts are complex, then the: Firm should attempt to collect
    11·1 answer
  • On September 1, 2015, Select Company borrowed $600,000 from a bank and signed a 12%, six-month note payable, with interest on th
    10·1 answer
  • g 4. The price of a home is $197,000. The bank requires 20% down payment and four points at closing. The cost of the home is fin
    8·1 answer
  • Godfrey Corporation holds, as a long-term investment available-for-sale securities costing $69,000. At December 31, 2017, the fa
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!