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densk [106]
3 years ago
10

When reconciling a bank account, which one of the following is considered a timing difference (difference between the bank balan

ce and the book balance)? Multiple Choice Outstanding checks Deposits recorded by the bank Checks that have cleared the bank Errors
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

Outstanding checks

Explanation:

One of the reasons why a cash book and a bank statement might <em>not show identical entries arise</em> from outstanding checks.

Outstanding checks are payments that have not yet been cleared and debited to the account at the bank.

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Ruth is a mother of two, loves to travel, is a member of a book club, enjoys jogging, likes to wear the latest fashions, and is
Margaret [11]

Answer:

(A) A component lifestyle.

Explanation:

Component lifestyle:-It is choosing goods and services that fulfills one's various needs and interests rather than following a single, traditional stereotype.

So according to the question Ruth is a person having various interests and also a police officer by profession.So she has very diverse needs and interest and they affects her choice of goods and services because she wants goods and services that meet's her diverse needs.So her lifestyle is component.

5 0
3 years ago
Carol and Dave each purchase 100 shares of stock of Burgundy, Inc., a publicly owned corporation, in July for $10,000 each. Caro
tino4ka555 [31]

Answer:

See below

Explanation:

From the above information, we can deduce that the stock owned by Carol and Dave falls in value by $2,000 I.e ($10,000 - $8,000) ; it is to be noted that Carol solely has realised and recognized loss of $2,000.

Here, one of the cogent factors that determines whether a sale has taken place is if realization has been effected. Here, stock sold by Carol qualifies as a disposition while the decline in the value of stock sold by Dave does not qualify as disposition.

With regards to the foregoing, we can conclude that the federal income tax law treat the decline in the value of the stock differently for Carol and Dave.

8 0
3 years ago
Nstead of polling all faculty members in the business​ department, Michael wants to simply use a list of testing methodologies u
Svetllana [295]

Answer:

satisficing

Explanation:

Satisficing is a combination of "satisfy" and "suffice" (or enough). It refers to a situation where instead of trying to reach a completely satisfying solution, you just settle for a relatively good or a so-so solution.

Personally I believe it is something that borders mediocrity, since you should either do something right or do not do it at all. It is like doing something that might work, but not completely.

3 0
3 years ago
Read 2 more answers
Your local pawn shop loans money at an annual rate of 23 percent and compounds interest weekly. What is the actual rate being ch
Eddi Din [679]

Answer:

D. 25.80 percent

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 +  annual interest rate ÷ periods)^ number of period - 1

= (1 + 23% ÷ 52)^52 - 1

= (1 + 00442)^52 - 1

= 1.00442^52 - 1

= 1.2579618615  - 1

= 25.80%

There are 52 weeks in a year and we considered the same in the above calculation

6 0
3 years ago
What is a qualitative forecasting model, and when is its use appropriate?
BigorU [14]
Qualitative forecasting model is a subjective technique based on opinions, judgement, emotions and personal experiences of  consumers, used to forecast future data as a  past function. This method does not rely on any mathematical computations or calculations. It is mainly used when a situation is vague or little data exists about a new product or technology.
4 0
3 years ago
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