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Sonbull [250]
3 years ago
15

The letters in acronymic abbreviations must be

Business
1 answer:
Zepler [3.9K]3 years ago
3 0

Answer:

a. In the correct order.

Explanation:

An acronymic abbreviation can be defined as an acronym for a phrase or title that relates to an organization, object and other informations. The main purpose of an acronymic abbreviation is to help in the shortening of a sentence or phrase and to enhance easier memorization of the information contained therein.

As a rule of thumb, the letters in acronymic abbreviations must be in the correct order. Therefore, acronyms are formed by using the first letter of each word that makes up the title or a phrase.

Some examples of an acronymic abbreviation are;

1. National Basket Association = NBA.

2. Generally Accepted Accounting Principles = GAAP.

3. Read Only Memory = ROM.

4. Random Access Memory = RAM.

5. United States of America = USA.

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The following transactions apply to Ozark Sales for Year 1:
attashe74 [19]

Answer:

Current liabilities: Accounts payable$130,000

Sales tax payable 8,800

Warranty Payable 4,000

Interest payable 667

Notes payable 50,000

Total current liabilities$193,467

Explanation:

7 0
3 years ago
Celebrities and famous individuals often make __________, or positive statements, about a product based on their personal experi
Alenkasestr [34]

Answer:

It might be endorsement.  

Explanation:<u><em>To think about:</em></u> What must a celebrity endorsement always reflect? Honest opinion of the endorser. According to the Federal Trade Commission (FTC), endorsements must always reflect the honest opinions, findings, beliefs, or experience of the endorser. ... Endorsements are a form of advertising.

8 0
3 years ago
Swifty Company has identified that the cost of a new computer will be $30000, but with the use of the new computer, net income w
klio [65]

Answer:

10.0 years

Explanation:

The computation of the payback period is shown below

We know that

Payback period = initial cost ÷ increase in net income

= $30,000 ÷ $3,000

= 10 years

As the depreciation expense is a non-cash expense so we dont considered it

Therefore the first option is correct

8 0
3 years ago
If u.s. firms attempt to use covered interest arbitrage to capitalize on the high argentine peso interest rate, what forces shou
lesya [120]

Answer:

The answer is: Downward pressure on the Argentine peso's forward rate

Explanation:

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Currently the Argentine peso is yielding a high interest rate. If American firms try to benefit from this by investing in financial transactions involving Argentine pesos, they will eventually put downward pressure to reduce Argentine peso's forward rate. As the demand for Argentine pesos increase, they will yield lower interest rates.

7 0
3 years ago
Assertions about account balances at year-end typically include _______.A. existence, completeness, and allocationB. existence,
Ksenya-84 [330]

Answer:

The correct answer is letter "B": existence, completeness, and rights and obligations.

Explanation:

Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of <em>auditing</em> the firm's financial statements. There are three (3) types of assertions which are:

  • Transaction-level assertions: <em>accuracy, classification, completeness, cutoff, and occurrence. </em>
  • Account balance assertions: <em>completeness, existence, rights and obligations, and valuation. </em>
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7 0
4 years ago
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