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grigory [225]
3 years ago
14

What is the major difference between the unadjusted trial balance and the adjusted trial balance?

Business
2 answers:
11Alexandr11 [23.1K]3 years ago
5 0

Answer:

The correct answer is Option a. The adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts.

Explanation:

The trial balance is a summary of all the account balances for an organization, usually spooled at the end of the year. The possibility exist that transaction that occurred during the year are not captured, accurately or properly recorded in the books. When the company's financial statements are reviewed at the end of the year, adjustments may be made to the unadjusted trial balance to include transactions previously not recorded, accurately or properly captured in the books of accounts.

The inclusion of these adjustments results in the adjusted trial balance.

Hence Option a which states that the adjusted trial balance includes the postings of the adjustments for the period in the balance of the accounts is the right option.

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5 0

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True or False Payday loans incur fewer fees and expenses than traditional loans.
Serga [27]

A payday loans are small, short-term unsecured loans, which are taken by the borrowers to cover ordinary living expenses and daily needs. These loans are in small amount but the charges and fees are higher as compared with the traditional loans.

Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.

The answer is False.


7 0
2 years ago
A company that treats its resources, products, and people as transcending national boundaries is____ company, and it will hire a
never [62]

Answer: (A) Geocentric

Explanation:

 A geocentric company is one of the type of internal recruiting method where the national companies and the management looking for some good opportunities at very large scale.

The basic approach of the geocentric company is that it views the entire world the the form of single market and also developing the various types of standard marketing mix in the form of global market.

 According to the given question, when a company treat the products, people and the resources as the transcending boundaries is refers as the geocentric company. In this the companies recruiting the  

 Therefore, Option (A) is correct answer.

8 0
3 years ago
Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following? a. gross
Nastasia [14]

Answer: b. Net requirements

Explanation: Lot sizing is used to consolidate the calculated net requirements by a certain unit. It puts into consideration cost reduction and work efficiency. One method of lot sizing is the lot-for-lot where the net requirements occurring for each period are the order quantity which generates greater volume of orders with smaller quantities per order and inventory investment as a result of ordering exact requirements only. The order sizes for component parts are essentially determined directly from net requirements.

5 0
3 years ago
The process of linking relief and development is often a major deviation from the missions of both development and relief agenci
stiks02 [169]

The process of linking relief and development is often a major deviation from the missions of both development and relief agencies.-----False

Linking relief and development:

The key to linking relief and development from the development side is to find ways of reducing (a) the frequency and intensity and (b) the impact of shocks, which will in turn reduce the need for emergency relief.

What is development and relief agencies?

IRD is a nonprofit, nongovernmental organization responsible for implementing relief and development programs worldwide. IRD's mission is to empower the world's most vulnerable communities to achieve self-sufficiency through innovative solutions, applied knowledge and targeted expertise.

Learn more about development and relief agencies:

brainly.com/question/14368761

#SPJ4

3 0
1 year ago
Match the terms with their descriptions. Customer Inquiry Quotation Customer Purchase Order A. An agreement to purchase the stat
REY [17]

Answer:

matched as below

Explanation:

A. An agreement to purchase the stated material, for the stated price, under the stated terms..<u>.Customer Purchase Order.</u>

A purchase order represents instructions contained in an order document given out by a customer to business to deliver the goods specified in the order. The customer has committed to buy the goods stated in the order. A customer will prepare a Customer purchase order based on a quotation provided by a business.

B. It spells out the availability and prices of the materials specified in the inquiry. It is prepared by the sales department. ..<u>Quotation.</u>

A quotation is a document prepared by a company detailing the availability of specified good or services and their prices. A quotation will be issued in response to an inquiry from a customer.  The sales department prepares the document in consultations with the stores department.

C. A request for information about the availability and prices of the products that a customer is interested in...<u>Customer Inquiry</u>.

A Customer Inquiry is a document that specifies items or services that customer would wish to buy from the business. The customer seeks to know if the company deals with specific products, their prices and availability.

5 0
3 years ago
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