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Sunny_sXe [5.5K]
3 years ago
6

The __________ component deals with the management and control of the ways entities are granted access to resources.

Business
1 answer:
Mars2501 [29]3 years ago
6 0

Answer:

Access management

Explanation:

The "access management" component deals with the management and control of the ways entities are granted access to resources.

Access management regulates the ways and methods entities are granted access to resources. It determines which user is able to access the resources.

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Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
OLEGan [10]

Answer:

(B) Unity of direction

Explanation:

The principal of unity of direction is one of the 14 administrative principles developed by Henri Fayol. It is a concept found in administrative management theory. The principle provides that there should be only one leader and one plan for a series of activities seeking the accomplishment of the same objective

5 0
3 years ago
On December 1, 2016, Insto Photo Company purchased merchandise, invoice price $25,000, and issued a 12%, 120-day note to Ringo C
Leto [7]

Answer:

See explanation section

Explanation:

Requirement A

                            Insto Photo Company

                                  Journal Entries

Date                             Accounts Name                    Debit          Credit

December 1, 2016     Inventory                              $25,000

                                           Notes payable                                 $25,000

<em>Note</em>: As the merchandise company issued a note for the credit purchase of merchandise inventory, notes payable is used instead of accounts payable.

Dec. 31, 2016             Interest expense                      $250

                                               Interest payable                             $250

<em>Note: </em>Adjusting entry is needed as the fiscal year is ended on 31st December, therefore, there will be an accrued interest expense to be paid for one month. The calculation of interest expense = $25,000 × 12% × (30 ÷ 360) [assuming  1 year = 360 days, 1 month = 30 days]. = $250 for one month's accrual.

Requirement B

March 31, 2017           Interest expense                     $   750

                                   Interest payable                      $   250

                                   Notes payable                       $25,000

                                                      Cash                                      $26,000

<em>Note:</em> At the end of the maturity date, the buyer will pay all the bills of the notes plus interest. Interest payable becomes debit as it did not pay by the buyer on 31st December, 2016. The remaining interest = $25,000 × 12% × (90 ÷ 360) = $750. Total cash will be paid after the maturity = $25,000 + $250 + $750 = $26,000.

3 0
3 years ago
Elsa, the owner of Fertile Farm, sells Gina a right to camp on Fertile land overnight. Gina's right is _________.a. a leasehold
Sonja [21]

Answer:

B, a license

Explanation:

A license is an official permit issued by a person or body in authority to do, own or use a thing. A license could be granted as a sign of agreement between parties  on a particular thing.

From the question, Elsa gave Gina license to use her farm land as a camp for one night. After one night, the license expires.

I hope this helps.

6 0
3 years ago
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the purchase of 21,000 shares of the
Alenkinab [10]

Answer & Explanation:

December 31, 2021

Compensation Expense                                              164,200

                        Paid-in Capital (328,400 x 0.5)                        164200

                      To record compensation expense

April 1, 2022

Paid-in Capital                                                               32,840

          Compensation Expense (328,400 x 2100/21000)    32,840

         To record termination of stock option

December 31, 2022

Compensation Expense                                                147,780

          Paid-in Capital (328,40 x 1/2 x 18900/21000)              147,780

        To record compensation expense

March 31 , 2023

Cash ( 12,600 x $25)                                                        315,000

Paid-in Capital (328,400 x 12,600/21,000)                      197040

            Common Stock (21,000 x $10)                                            126,000

             Paid-in Capital in Excess of Par                                         386,040

         To record exercise of stock option

December 31, 2023

6,300 stock options not exercised (21,000 - 2,100 - 12,600)

5 0
3 years ago
Land labor capital entrepreneurship and knowledge are known as
EastWind [94]
Land, labor, capital, entrepreneurship, and knowledge are the factors of production or also called the "resources used to create wealth".
7 0
3 years ago
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