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3 years ago

The major consideration of whether something can serve as money is that it must be

1 answer:

7 0

<span>Payments vary in forms from country to country and place to place. What can serve as money, basically, must be something that is considered an acceptable means of payment. It must be something that can be considered valuable in a barter or trade for the receiving party.</span>

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Most codes of ethics created by professional organizations have two main parts:________

Sveta_85 [38]

The correct answer is true.

It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.

The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.

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2 years ago

Having the authority to define their own tasks makes it likely that workers will ______.

MArishka [77]

Answer: C, be more productive

Explanation: I just took the topic test on edgenuity.

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3 years ago

Read 2 more answers

Terapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $23,4

uysha [10]

Answer:

Journal Entries

Journal 1 :

Equipment $23,400 (debit)

Cash $23,400 (credit)

Being Purchase of Equipment

Journal 2 :

Cash $6,800 (debit)

Service Revenue $6,800 (credit)

Being Service rendered for Cash

Journal 3 :

Salaries Expense $2,100 (debit)

Cash $2,100 (credit)

Being Salaries expense paid

Explanation:

Narrations have been provided to explain the transaction. Remember to use the account titles provided in accounting for the transactions.

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3 years ago

Profit maximization occurs when:

lianna [129]

Answer:

The correct answer is option B.

Explanation:

Profit maximization refers to the situation when a firm is able to maximize the total profit that it could earn through the production of goods and services.

The total profit is maximized when the marginal profit is zero or when the marginal revenue is equal to marginal cost. The marginal profit is the difference between marginal revenue and marginal cost.

If the marginal revenue is greater than the marginal cost the firm should increase production till both are equal.

In case, marginal revenue is less than the marginal cost the firm should stop producing more and reduce production till both are equal.

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3 years ago

Jonathan (an individual) owns 100% of the stock of Husky, Inc. (a C corporation) and 100% of the stock of Calhoun, Inc. (another

BaLLatris [955]

Answer: A. As Expenses

B. No treatment.

Explanation:

A. The $100,000 was not structured and a loan so it will be accounted for as EXPENSES. This means that it will be deducted from the Income for the year from Calhoun's books.

B. A C Corporation is by definition taxed SEPARATELY from it's owners in the United States of America. Seeing as both Corporations were C Corporations, Jonathan as the owner of both companies need not worry about how he should treat the $100,000 payment as he will not ne taxed on it.

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3 years ago