Answer: Payment for Knowledge
Explanation:Training is a key aspect for a company's improvement development and success. It is beneficial to both employers and employees of an organization. An employee will become more efficient and productive if he is trained well.
Due to the continuous updates and improvement in the world technology relating to businesses, Most Organisations are willing to pay for training thier employees off the job so to cope up with those changes, improve the working conditions, and enhance their knowledge.
Even though such training are costly,on the long run, they improve efficiency and productivity of employees. Well trained employees show both quantity and quality performance leading to optimal use of time, money and resources.
The company seeking for Zach to learn to manage multiple departments, and proferring to pay his tuition while he earns an mba at stanford university and give him a $20,000-a-year raise once he gets his degree shows that the company is willing to pay for more knowledge as that hopefully will go a long way to improve their productivity when he returns.
Based on the amount paid by Olive Company for the two year period, the adjusting entry on December 31 would be a debit to an expense and a credit to prepaid expense for $2,050.
<h3>What would be the adjusting entry?</h3>
Based on the accrual method, only costs for the year can be recorded as expenses.
If any costs are for other periods, those costs would be credited to prepaid expenses.
The expense for this year for management services would be:
= Number of months from July to December x Amount paid / number of months in contract
= 6 months x 8,200 / 24 months
= $2,050
In conclusion, expenses will be debited $2,050.
Find out more on prepaid expenses at brainly.com/question/9270086.
Based on the information given, it can be deduced that the advertisement was inappropriate, therefore Gidgits Galore will be held responsible. The correct option is false.
From the information given, it can be inferred that even though the product wasn't safe, the company advertised the product as being safe. This is wrong and therefore, the company will be held responsible.
Demand letter is when an individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.
In conclusion, a demand letter is simply used to state a legal claim.
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Answer:
Correct options are: (D), (E), (F).
Explanation:
Since the dog seller does not pay taxes, he is evading tax and is therefore conducting illegal transactions. Illegal transactions are excluded from GDP.
Mowing the law does not have an imputed market value and is excluded from GDP.
Government spending on food stamps is a transfer payment since no value gets added in return, therefore is excluded.
