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2 years ago

Which of the following accounts would be decreased by a credit entry?

1 answer:

6 0

A Bank account (if bad or good), A Welfare Account (If good, you will no longer receive services.) Card Bureau account can change due to unexpected reasons, can go down or go up.

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Apex Manufacturing Corporation mass production eight different products. The controller who is interested in strengthening inter

cupoosta [38]

Answer:

C. perpetual inventory system

Explanation:

Based on the information provided within the question it can be said that the controller is most likely to implement a perpetual inventory system. This is a system that documents transactions as they happen (stock coming in or going) completely autonomously and efficiently. This would save time and money by strengthening internal control over the accounting for materials.

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2 years ago

What is the difference between a hands-off manager and a hands-on manager?

xeze [42]

Answer:

In general, a hands-on manager spends more time interacting directly with employees and working on tasks. This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks

Explanation:

7 0

2 years ago

Read 2 more answers

Isabella loves Coca Cola products. She has several memorabilia from her visit to the World of Coca Cola proudly displayed in her

lutik1710 [3]

Answer:

The correct answer is Brand Loyalty.

Explanation:

Brand loyalty is one of the factors that most helps explain why consumers choose one brand or another among all the options offered by the market. According to Jensen and Hansen (2006), the organizations with the most loyal customers have a high market share, which in turn translates into greater profitability. This explains, in part, the growing interest that is evident today in the study of this topic.

5 0

3 years ago

Which of the following statements is CORRECT?a. An investment that has a nominal rate of 6% with semiannual payments will have a

andreyandreev [35.5K]

Answer:

c. If a loan has a nominal annual rate of 7%, then the effective rate will never be less than 7%

<em>CORRECT</em>

as at least is recive 7% of the investment. If payment are made in shorter period (semiannually, quarterly, etc)

Then the effective rate will be higher, not lower.

Explanation:

a. An investment that has a nominal rate of 6% with semiannual payments will have an effective rate that is smaller than 6%

FALSE the effective rate will be higher as there is compounding effect.

b. The present value of a 3-year, $150 ordinary annuity will exceed the present value of a 3-year, $150 annuity due

FALSE the annuity-due is discounted for one period less, as the payment are made at the beginning of the period therefore; his V is greater.

d. If a loan or investment has annual payments, then the effective, periodic, and nominal rates of interest will all be different

FALSE if it mades annual payments they will be equal

e. The proportion of the payment that goes toward interest on a fully amortized loan increases over time.

FALSE the interest will decrease over time as there is a portion of principal which is being paid each installment

3 0

2 years ago

2. Sorry, you didn't win the lottery, but here's a way you can still be a millionaire! Starting at age 22, every night you take

Colt1911 [192]

Answer: At the age of 65 the money will be $90337.5

Explanation: There are 365 days in a year take $5 multiply it by 365 to get the money after one year then multiply it by 10 % to get an interest per year. Add the interest to the amount then multiply by 43 years.

Note 65years-22 years = 43 years

$5×365= $1825

$1825×10%=$182.5

=$182.5+$1825=$2007.5/year

$2007.5×43= $90337.5

8 0

2 years ago