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dezoksy [38]
3 years ago
5

Purchasing office supplies on account will: Multiple Choice Not change assets. Increase assets and decrease liabilities. Increas

e assets and increase liabilities. Increase assets and increase stockholders' equity.
Business
1 answer:
Kobotan [32]3 years ago
3 0

The correct option is C - Increase assets and increase liabilities

<u>Explanation:</u>

When anorganization purchases office supplies on account then it becomes essential to record such supplies as supplies on hand. Generally, in a business organization, the supllies on hand are used up within the span period of one year which means that they are to be recorded as current asset in the financial statement ( balance sheet). As no cash has been paid to merchandise, so it increases the liabilities also.

Therefore, it will increase the current assets and current liabilities.

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The consumer's level of involvement can lead to two types of buying decisions: __________ or
Olenka [21]

Answer:

The consumer's level of involvement can lead to two types of buying decisions: limited problem solving or extended problem solving

Explanation:

limited problem solving:

It is a problem solving process in which customer is only willing to put very little effort to make a purchase decision in order to fulfill his want or need. Purchaser uses simple decision rules for reaching a a purchase decision with minimal research done. He is not much concerned about the best solution and has limited resources and time for searching information and assessing each alternative thoroughly.

For example: you need a new pair of joggers for gym.  You are already have an idea about joggers and know about new available materials and attributes. So you might do a bit research online and come to a decision comparatively quickly. You might consider your favorite outlet instead of searching for the joggers at every outlet. So you take buying decision limiting involvement in this process.

extended problem solving

In this process the costumer attempts to collect as much information as possible, and thoroughly assess and evaluate product alternatives. So in this situation buyer don't have much idea about the product brands, attributes and characteristics to access the product. Purchaser will research, differentiate and put a lot of effort for taking best buying decision that will fulfill his needs. prior to purchasing the product, he might visit various outlets, research online, search for reviews and suggestions, take information from outlet staff. about the product Marketer should provide with such information to customer.

For example high value items like car, a house etc. Such items are not purchased often so the consumer will invest a lot of time in research and comparison in order  to take the best decision.

6 0
3 years ago
Since the FICA tax is split equally between employers and employees, we can conclude that the incidence of this tax is also equa
shepuryov [24]

Answer:

Since the FICA tax is split equally between employers and employees, we can conclude that the incidence of this tax is also equally shared.

a. True

Explanation:

The incidence of the FICA tax refers to the extent to which an individual employee or the employing organization suffers from the imposition of the FICA tax.  In the final analysis, the incidence may not be borne by the organization but consumers of its goods and services, depending on the elasticity of demand.  Employers and employees usually split the FICA tax equally.  The FICA (Federal Insurance Contribution Act) refers to the federally mandated tax for Social Security and Medicare.

4 0
2 years ago
hello are anyone there with free time on there hands i need friends and dont go if i dont answer because my mom is well a mom an
Troyanec [42]

Answer:

ello

Explanation:

I'll be your fren if that's what cha asking :^

5 0
2 years ago
Read 2 more answers
The issue of how much government should be involved in the economy has been the subject of much debate in Canada. In the United
Alekssandra [29.7K]

Answer:

<u><em>But where do we go from here? </em></u>

It depends on the result of more government intervention on quality life standards.

<u><em>Do we need less or more government involvement? </em></u>

It depends on the problems that need to be addressed. For example, to address problems such inequality it is mandatory that the government gets involve and create laws to prevent it. But surely for more movement of capitals there is no need of higher government involvement.

<u><em>Is it a question of the quality of that involvement?   </em></u>

Yes. If government has an effective involvement there is even desirable to have its intervention but if it complicates everything then is repeled.

<u><em>Could it be smarter rather than just less? </em></u>

Yes, because it is proved that the economy acts in an effective way to good policy making.

<u><em>How can the cost of government involvement decrease?</em></u>

In this aspect it is important to mention the environmental issues in nowadasy economy. If the measurement of what is defined as "cost" is understand in the long run as conservation and balance between nature and economic explotation of resources.

5 0
2 years ago
Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is
Nata [24]

Answer: Option b

Explanation: In simple words, it refers to an arrangement under which one entity allows the other entity to use its procedures and brand name for the business in return of any loyalty or other such benefits.

In the given case, Gerald wants to operate his business globally and not eager to control all of it.

Hence from the above we can conclude that franchising is the best option for Gerald.

6 0
2 years ago
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