Answer:
Amounts owed to suppliers for products and/or services purchased on credit.
Explanation:
Accounts payable are basically short term debts that a company has with its suppliers. E.g. a retailer purchases goods from a wholesaler on terms n/30. In this case, the accounts payable would be the amount of money owed to the retailer. There is no specific time frame for an accounts payable, since it varies depending on the credit that the supplier gives. E.g. sometimes a supplier will sell on a 45 day credit period, or even 60 day period.
Answer:
(a)Income statement:
Insurance expense - understated
net income - overstated
(b) balance sheet:
prepaid insurance - overstated
stockholders equity - overstated
Explanation:
Answer:
The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.
Explanation:
The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.
Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.
Answer:
Promotional adaptation
Explanation:
Promotional adaptation is defined as strategy that is used to sell the same product in different locations using different promotional strategy.
The strategy can be employed in some or all locations where the company operates.
In this scenario AFLAC has had to ditch the AFLAC duck in its Japanese commercials because the Japanese consumer does not like to be yelled at.
This helped to match AFLAC'S commercials to the unique needs of the Japanese people.
The correct option is D. You withdraw cash from your bank account which is an event that directly involves the Federal Reserve.
The Fed removes limits on house loans for borrowers who have student loan debt in an effort to spur economic development.
<h3>
What events led up to the Federal Reserve law?</h3>
The frail banking system was devastated by bank runs following a particularly bad panic in 1907, which finally prompted Congress to draft the Federal Reserve Act in 1913. In the beginning, the Federal Reserve System was established to deal with these banking panics.
The Federal Reserve carries out general duties such as managing the country's monetary policy, supervising banking institutions, observing and defending consumer credit rights, preserving the stability of the financial system, and offering financial services to the federal government of the United States.
Thus, D is the right answer. You take money out of your bank account, which is a situation where the Federal Reserve is involved directly.
Learn more about Federal Reserve here:
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