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olga2289 [7]
2 years ago
5

A transaction that is likely to cause an increase in a current liability is: Multiple Choice payment of accrued wages. accrual o

f interest expense. depreciation of equipment. accrual of bad debts expense
Business
1 answer:
BartSMP [9]2 years ago
8 0

Answer:

The correct answer is accrual of interest expense.

Explanation:

Interest expense is an expense you incur when you borrow money. The lender charges you a specific interest rate that is expressed in your loan document. As time passes, you are charged interest on the amount you borrowed. You may have to calculate the simple or compound interest on your loan depending on how it is structured. If the loan is for business, you will enter interest expenses in your accounting records.

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Which statement best describes the qualifications for information technology professions
Ksju [112]
Most Information Technology fields require at least a technical certificate for entry level jobs. IT majors needs  at least a techinical certificate for starting a job.
7 0
3 years ago
Do certain kinds of firms need to stress particular areas<br> of operations management? Explain.
sdas [7]

Answer:

Yes. Certain kinds of firms do need to stress particular areas  of operations management. Operations management is a vast area which consists of several departments such as supply chain management, logistic management, warehouse management, data management, inventory management and etc.

Companies, depending upon the kind of product and services they are supplying, need to figure out which department they are lacking in and should stress upon it.

For example shipment companies might need to focus on logistical affairs to strengthen their services.

7 0
3 years ago
The following labor standards have been established for a particular product:Standard labor hours per unit of output 4.3 hoursSt
Nat2105 [25]

Answer: 1. $690 (favorable)

2.  $9045 (favorable)

Explanation: These can be computed as follows :-

Labor rate variance = Actual labor cost - (standard rate * actual hours)

                                  =  $139,380 - ( $20.1 * 6900 hours )

                                  = $690 (favorable)

.

Labor efficiency variance = ( Actual hours - standard hours ) * (standard rate )

                                          = [6900 hours - (1500 units * 4.3 hours) ] * ($20.1)

                                          = $9045 (favorable)

7 0
3 years ago
Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 s
Nastasia [14]

Answer:

With respect to Adjusted Gross Income we can not deduct anything. She will claim $10,000 in itemized deductions, subject to 2% deductions.

Explanation:

8 0
2 years ago
Frank is interested in rewriting the vision statement for his antique shops, and he wants his employees and his business to grow
vivado [14]

<u>Answer:</u> Option A True

<u>Explanation:</u>

As an entrepreneur Frank has made the right decision of rewriting the vision statement for his antique shop.  A business can succeed only when it has a strong vision statement. When there is a proper vision statement the entire business works for that purpose.

The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.

8 0
2 years ago
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