Answer:
(A) Sales ticket
(D) Telephone bill
(E) Invoice from supplier
(I) Prepaid insurance
Explanation:
The source document support the transaction that will be entered in the accounting system.
Answer:
Rising inflation rate is under Economic element of PESTLE.
Explanation:
The elements of PESTLE include Political, Economic, Sociological, Technological, Legal, and Environmental factors. PESTLE analysis is used to analyze and monitor macro-environmental factors which can impact the survival and success of a business entity. After the analysis, the organization is able to identify the opportunities and threats facing it from the external environment.
Answer:
Net income will remain same.
Explanation:
Net income is no change in net income because the sales is increase as the price of decreased. Net impact is zero.
For Example:
Price = 100
Variable cost = 50
Flights = 100
Net income = (100-50) x 100 = $5,000
Revised Calculation
Price = 100 x 90% = $90
Variable cost = 50
Flights = 100 x 125% = 125
Net income = (90-50) x 125 = $5,000
There is no change in the net income.
Answer:
Several low-risk portfolios With the higher returns:
- Municipal Bonds.
- Credit Card Rewards.
- Annuities.
- Savings Bonds.
- Cash Value Life Insurance.
- Bank Bonuses.
Explanation:
- Municipal Bonds: Municipal bonds are loans made to local authorities by the creditors. Cities, territories, districts, or other municipalities.
- Credit card rewards: Point incentives are given based on each amount you invest-one point per dollar, for example. Usually, points can be exchanged for products in the online shopping store of the incentive scheme.
- Annuities: Annuities are insurance contracts that pledge either instantly or in the future to pay you a steady income. You may purchase a lump sum annuity or a sequence of installments.
- Saving bonds: Savings Bonds are US circulated treasury tools. Treasury Department to help pay for the spending requirements of the U.S. government. They are priced at face value.
- Cash-value life insurance: Cash value protection is long term life insurance since it provides cover for the existence of the policyholder. Cash value insurance historically has lower premiums than term life insurance because of the cash value factor.
- Bank Bonuses: Bank rewards are monetary incentives anytime you opening a new deposit or checking account. You would have to set up paper checks with the bank to hold the profile up for at least a couple of years to apply for this one-time bonus.
Answer:
the low opportunity cost producer.
Explanation:
A person or nation has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries or people.
For example, let's assume country x produces either 10 Apples or 5 oranges in 1 hour while country y produces either 20 Apples or 2 oranges in one hour. The opportunity cost for country x of producing apples and oranges are 0.5 and 2 respectively. While for country y, the oopportunity cost of producing apples and oranges are 0.1 and 10 respectively.
Country y has an opportunity cost and comparative advantage in the production of Apples while country x has a comparative advantage in production of oranges.
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