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saveliy_v [14]
3 years ago
11

When you exchange documents with your co-workers through organization-approved methods, this is considered __________?

Business
1 answer:
valentinak56 [21]3 years ago
3 0

When you exchange documents with your co-workers through organization-approved methods, this is considered workflow.

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On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
Sloan [31]

Answer:

There is no entry to be made on April 17, 2014

Explanation:

Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.

On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.

Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:

1. Debit Cash (or Accounts Receivable) $11,000

Credit Revenue $11,000

2. Debit Cost of goods sold  $7,500

Credit Cash $7,500

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Which of the following would not be used to create a personal balance sheet?
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U.S. car dealers sell both used cars and new cars each year. However, only the sales of the new cars count toward GDP. Why does
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Answer:

It will be double counting

Explanation:

GDP or gross domestic product is the measure of the total value of productions in the economy per period. In calculating the GDP, economists consider only finished products produced within the borders of a country in a financial year.

Second-hand cars cannot be counted in the calculation of GDP because it will result in double counting. GDP is calculated using the income, expenditure, or production approach.  The second-hand cars were accounted for when they were purchased or sold for the first time. If the production method was used, the vehicles were accounted for in the year they were manufactured.

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​A television network decides to run a series of news stories highlighting the need for stronger regulations over gun sales and
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The Quarter Burger is a hamburger sold by the international fast-food chain Sammy's Burgers. It was given the name because it co
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Sammy's quarter-pound burger is positioned by: price-quality

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The price-quality way of positioning practices the similarity within price and quality before-mentioned that it optimally values a commodity according to the feature of the commodity to retain the commodity hovering in the customer's perception. Pricing does not necessitate to be huge for more leading positioning.

Marketers frequently do price/ quality properties to locate their trademarks. Although the price is an essential factor, the commodity quality must be tantamount to, or indeed more reliable than, fighting trademarks for the positioning strategy to be active.

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