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katrin [286]
3 years ago
13

Which of the following is not considered a credit..

Business
2 answers:
dalvyx [7]3 years ago
5 0

Which of the following is not considered a credit?

C. Overdraft fee

An overdraft fee is not considered a credit because it is not money coming into your account, it is money leaving your account. When you spend more money than you have in your account, you are charged an overdraft fee for overdrafting your account. Transfer into your account, direct deposit and interest earned are all ways to add money into your bank account.

Alexus [3.1K]3 years ago
4 0

Answer:

The correct answer is letter "C": overdraft fee.

Explanation:

A financial institution charges an overdraft fee when the balance of an account does not have enough funds to make a payment but it does go through. Usually, banks give account holders the freedom to choose if having or not this feature in their accounts since, as the fee is charged every time a transaction goes through when the account has a negative balance, it can lead customers to have potential debts.

In that case, an overdraft fee is not a credit in an account. As a charge, it represents a debit.

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A French cooperative called Sodima allows General Mills to sell Yoplait in the United States in return for a fee, a global marke
Alex73 [517]

Answer:

The answer is 4. licensing

Explanation:

Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.

In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.

It is known as licensing.

3 0
3 years ago
On July 1 the Skysong, Inc. paid $19680 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was debited for the full
Ghella [55]

Answer:

The adjusting entry is as follows;

July 31

Rent Expense                                               Debit        $ 3,280

Prepaid Rent                                                 Credit                       $ 3,280

To record rent expense for the month of July

Explanation:

Prepaid rent payment                                                           $ 19,680

Period of payment                                                                 6 months

Period of benefit                                                                   1 month

Rent expense for 1 month I.e July is computed as

$ 19,680/6 months * 1 month                                                  $ 3,280

3 0
3 years ago
A justification defense strategy is sometimes difficult to carry out because it:
Tems11 [23]

A justification defense strategy is sometimes difficult to carry out because it varies in wide interpretations. The right to self-defense granted by law to the private citizen is strictly limited. Use of force that goes beyond what is necessary to dispel the immediate threat of violence is known as excessive self-defense. 

8 0
3 years ago
Because she beat her goal this year by nearly 30 percent, Helena has been telling everyone in the sales department of her incred
Arte-miy333 [17]

Answer:

The correct answer is D

Explanation:

Self- serving bias is the term which is defined or described as the tendency of people who attribute the positive events to their own character and attribute the negative events to the external factors.

This bias is the common kind of cognitive bias which is extensively studied in the social psychology.

So, in this case, Helena provide the example of the self- serving bias as when she did not reach the goal, then she stated that her failure is due to poor economy which means she attribute the negative event to external factors.

5 0
3 years ago
) A common method for appraising performance which involves evaluating employees by ranking
Shkiper50 [21]

Answer:

.

Explanation:

This is simply the ranking of employees from best to worst trait(s). It involves measuring employees on a particular trait or traits from highest to lowest. It is done by listing out all the employees you want to rank based on the selected trait. Then the employee with the best trait is picked placed at the top, followed by the worst, placed at the bottom. The alternation between the best and worst continues thereafter, till all employees have been ranked.

8 0
3 years ago
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