Answer:
Terrell is using credit, which is a US regulated monetary system.
Explanation:
When you use credit (I also study finance along with investing) your borrowing money and paying it back later. This is a system that banks and government agencies make lots of money from, and they make money long term, while Terrell gets to pay his insurance in the short term. (I would advise against putting more than 10% of your credit limit of your credit card. Yes I know about credit cards lml) *edit- Credit is a form of small loans unless its secured or prepaid*
Answer:
C. a possible solution for the problem that the memo describes
Answer:
False
Explanation:
Innovative Change is a change introduced by the management which encourages all the employees to achieve the target and goals set, with the boosted enthusiasm and the employees tend to accept such change.
An expected overtime from any department is not an acceptable change, and there is no innovation in such change.
Although if a working technique would have been introduced to reduce the time and increase the capacity of workers or accountants, that would be referred to innovative change.
Answer:
Explanation:
$100,000 debit to the Equipment asset account because you are recording the actual original cost of the equipment (as is required by the Cost Principle of Depreciation). You should also credit the Accumulated Depreciation: Equipment account for $75,000 to show that the equipment has already depreciated for this amount.
You should do all of the above. Listen to what they are saying, Hear what they are saying, Think how it affects you, and react when they're done criticising you.
