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marishachu [46]
3 years ago
9

Select the correct answer. What is the consumer's ability and desire to buy goods and services called? A. supply B. demand C. eq

uilibrium
Business
1 answer:
Debora [2.8K]3 years ago
4 0

The correct answer is B, Demand.

Demand is the consumers' ability and desire to buy good and services.

Demand is the consumer's willingness to buy good or service by paying money for that. When people want to buy something by paying for it, it means they are demanding that product or service.

It is the basic concept in economics that when demand for a product or service increases, the price of that products also increases. Similarly, when demand of a product or service decreases, the price of that product or service also decreases.

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Which of the following is correct: A. The post-closing trial balance will ensure the accounting equation is balanced at the end
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Answer:

D. Worksheet is a tool used in preparing adjusting entries and the financial statements, and the use of worksheet is optional

Explanation:

The correct option D because worksheet is used to adjust value and prepare the financial statements and it is not mandatory to use.

The post-closing trial balance might show that accounting equation is balanced but not every time. It only ensure the total of debits balances and total of credits balances are equal. All transaction might not correctly journalized.

The accounting cycle starts with analyzing the business transactions and ends with the preparation of a Financial Statements.

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The u.s. department of veterans affairs used the waterfall software development approach would likely have benefit  because it offers wide variety to accommodate and collect data.

Software upgradation in an organisation is a bit difficult and managing them individually according to the departments and an integrated software can only accommodate and collect data properly.

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7 0
1 year ago
Sioux Corporation is estimating the following sales for the first four months of next year:January$210,000February$280,000March$
Serjik [45]

Answer:

$358,000

Explanation:

Calculation to determine how much cash should Sioux expect to collect during the month of April

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March sales collected in April ($340,000 × 40%) $136,000

Total cash collections in April $358,000

($222,000+$136,000)

Therefore the amount of cash that Sioux should expect to collect during the month of April is $358,000

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vova2212 [387]

Answer:

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