The descriptions to cases that will possibility be addressed by a Trial Balance are:
- can detect the accuracy of the accounting process(possible)
- can help check whether the debit side is equal to the credit side(possible)
- can help prepare the income statement(possible)
- helps serve as a proof of the application of the double-entry system(not possible)
- can help check whether a particular transaction has been completely omitted(not possible)
<h3>What is trial balance?</h3>
A trial balance can be regarded as bookkeeping worksheet which contains the ledger that is arranged into debit and credit account column .
Therefore, with trial balance, one can check whether the debit side is equal to the credit side.
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Answer:
d. where price is equal to average fixed cost.
Explanation:
Firms involved in a perfectly competitive market face the same cost, <em>they will theoretically make zero profit on the long run.</em> This happen at the point where price is equal to average fixed cost.
Answer:
The correct answer is option A.
Explanation:
When the government buys from the public it will pay them back. So the purchase of $100 million of bonds by the government means $100 million was paid to the public.
Also, if the reserve requirement is lowered, it means the commercial banks can increase lending.
Both these actions combined will lead to an increase in the money supply.
The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change
<h3>What is Management?</h3>
This refers to the act of organizing workers in order to maximize their potential and output.
Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.
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Answer: When an organization uses an employment practice that results in unfavorable outcomes to a protected class it is known as the adverse impact principle.
This act takes place when a organization, wittingly or not, takes an action that will result in a individual's employment opportunity due to some elements beyond the individual's control.