Answer:
the correct answer is "opportunity cost".
the opportunity cost here means the cost of the next best opportunity lost because of spending time at work, this could be 8 hours, 10 hours at work, etc.
the underline point here is that when someone works for, lets say, 8 hours, he or she could have done something else that they enjoy and brings value to them and their family.
but since they are working, they can not engage in that activity. because of this, we call it the opportunity cost! simple right?
Explanation:
Answer:
C. Ability to work well with others
Explanation:
Ability to work well with others is a very paramount skill to have when it comes to ideal management. Ability to work well with others involves been able to have a conversation and communicate with understanding, combine with others in areas of project, meetings and other collaborations present as well as actively listening to others and be honest in dealings or collaborations with others. A manager must he able to work well it others as it eases the operations of the employees under him.
Answer:
The correct option is A:
cost of goods sold 10,750
merchandise inventory 10,750
Explanation:
When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750
When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.
The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750
Answer:
How will these two transactions affect the control and subsidiary accounts?
Explanation:
the control, account.
Accounts Receivable, will be increased with debit of $7,700