Answer:
(A) When an employee reimburses the company
(B) You receive a tax refund from the IRS
(D) When a company doesn’t record income using sales transactions (invoices or sales receipts), and wants to record deposits directly to income accounts
Explanation:
The three options are -
Option A is correct as the employee repays the company so that the funds to this deposit will be added to the deposit transaction.
Option B is correct as the employee or an individual will get the tax refund from the IRS which can be deposited to the deposit grid.
Option D is correct as it is recorded to income accounts directly as deposits.
Any payment cannot be added as deposit. Therefore, option C is incorrect.
Answer:
Competition and consumer trends
Explanation:
The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.
Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.
Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.
Answer:
$12,000
Explanation:
According to the accrual accounting method, the reporting of the transactions should be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
The revenue should be recorded when it is earned or realized and the expenses are recorded when it is incurred
So, in the given scenario, the amount based on accrual basis sales would be
= Goliath sold goods to customers on account + Goliath also sold goods to customers for cash
= $10,000 + $2,000
= $12,000
Answer: To answer this, we must first add the options.
A) richness
B) depth
C) dynamism
D) complexity
The answer is D. Complexity
Explanation: The Environmental Complexity of an organisation is the total amount of elements or components involved in an organisation's operations. This also includes the extent of the knowledge that the organization has about those components/elements.
The company in the question above reduced it environmental complexity from 3,000 suppliers to less than 300.
