Answer: If the fee has not been paid by the end of the accounting period and no adjusting entry is made, this would cause: "d. revenues to be understated.".
Explanation: The income would be underestimated because the income of $2120 that corresponds to the service provided in the accounting period, must be recognized in the accounting period in which the economic events occur regardless of when the income of the funds occurs (accrual principle).
Answer:
A. Left shifted
Explanation:
Creating more money to finance a deficit frequently results in inflation since there is more money chasing a limited amount of products (right shift of AD with a left shifted AS.
In the event of inflation in the economy, the aggregate supply curve shifts to the left because the price of raw-materials used in production increases and relatively fewer output will result, causing a reduction in Aggregate Supply.
Answer:
False
Explanation:
Stocks are long-term investment vehicles. For long-term investment, the period in consideration is ten years or more. In any given year, stock prices keep on fluctuating.
On average, stocks gain about 7 percent annually. Some years may have negative growth. Other years may have less or more than 7 percent. As the GDP grows, stock prices recover from the dips to continue with growth. Over a long time, as the economy improves, stocks appreciate.
Answer:
Money multiplier= 1 / reserve requirement
a. Reserve requirement = 0.09
Money multiplier = 1 / 0.09
Money multiplier = 11.11
b. Reserve requirement = 0.25
Money multiplier = 1 / 0.25
Money multiplier = 4
c. Reserve requirement = 0.12
Money multiplier = 1 / 0.12
Money multiplier = 8.33
d. Reserve requirement = 0.04
Money multiplier = 1 / 0.04
Money multiplier = 25
The risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.
<h3>What is a risk?</h3>
Risk can be defined as a possibility or a situation which is uncertain and involves exposure to danger. A risk from an investment perspective is the possibility of incurring losses due to market uncertainties.
When a company hire new employee, the company would expend some cost towards training of the newly recruited employee; which is termed financial risk.
Hence, the risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.
Learn more about risk here : brainly.com/question/1224221