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Answer:
The correct answer is A. a PI project may be appropiate.
Explanation:
Benchmarking is a continuous and systematic process that makes a comparative evaluation of products or services in organizations that show best practices in a given area, with the aim of transferring knowledge of best practices and their application.
Benchmarking should not be confused with espionage or competition, so the concepts of best practices and area of interest should be very clear. In this sense, for the organization it becomes an appropriate process, since it allows you to know to what extent it may be convenient to consider the actions against the established norm.
Answer:
The correct answers are the following options:
After recording the transaction, total assets will always equal total liabilities plus equity.
The accounting equation must always remain in balance
Explanation:
To begin with, the name of <em>"Accounting Equation"</em> is famously known in the business field due to the fact that it is a concept from the accountant of companies and in fact a very important one. The accounting equation represents the sum between the equity and the debts of the company that will always give the total assets of the company. It is considered to be the foundation of the double-entry accounting system, so that is why it is so important. Moreover, under its doctrine, it proves that the balance sheet must always remain balance.
Answer:
November 27
Dr Cash $15,750
Cr Interest Revenue $625
Cr Interest Receivable $125
Cr Notes Receivable for $15,000
Explanation:
Preparation for the necessary November 27 entry
November 27
Dr Cash $15,750
[$15,000+($15,000 × 10% × 180/360) ]
($15,000 + $750=$15,750)
Cr Interest Revenue $625
( $15,000 × 10% × 150/360),
Cr Interest Receivable $125
Cr Notes Receivable for $15,000
Note that between the month of June 30 and November 27 we would have a total of 150 days
