Answer:
Credited , Debited, and Retained Earnings
Explanation:
The closing entries are presented below:
1. Revenue A/c Dr XXXXX
To Income summary A/c XXXXX
(Being the revenue account is closed)
2. Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being the expenses are closed)
3. Income summary A/c Dr XXXXX
To Retained earnings A/c XXXXX
(Being the difference i.e net profit is recorded)
Answer:
It has to buy gluten free raw material to retains its customers because customers are willing to pay premium price for this feature. If there will be few supplier at G-Free Ltd will be able to focus on maintaining better and long term relationship with them.
Explanation:
G-Free Ltd has intended to reduce number of suppliers to improve its operational performance. It can grow its business and save cost from buying in bulk from a few suppliers. There will be less risk for procurement of raw material with gluten because there only few suppliers who will be providing raw material.
The set it up or the access that one can use to be able to know the log-on procedure and identifies different types of users and also automatically gives them access to the types of resources they need are:
- The use of Discretionary Access Control (DAC)
- Rule-Based Access Control.
- Identity-Based Access Control.
- The use of a a Program where all User Accesses the System is only by an Individual Account:
<h3>What is the Access Control Systems about?</h3>
The use of the Discretionary Access Control (DAC) is known to be one that place some measures of control into the business owner's discretion or hand.
So, The set it up or the access that one can use to be able to know the log-on procedure and identifies different types of users and also automatically gives them access to the types of resources they need are:
- The use of Discretionary Access Control (DAC)
- Rule-Based Access Control.
- Identity-Based Access Control.
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