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Tanya [424]
3 years ago
13

To minimize the invasion of privacy, _____.

Business
1 answer:
astraxan [27]3 years ago
8 0

Answer:

A. users should be able to review their records and correct any inaccuracies .

Explanation:

Once a transaction is noted and recorded in the software, there shall be access to the user only who had recorded the same, as this will provide for security and accuracy both.

If any third party is allowed to have the access to alter the records in the books then that can ruin the principle of maintaining privacy. Also in that case the responsibilities shall not stand to be completed as this calls for sharing responsibilities, and people will blame each other.

Thus, the user shall be alone to make any changes in the data already recorded by him.

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Balance sheet accounts Group of answer choices 1. are called real accounts 2. have zero balances after the closing entries have
tatiyna

Answer:

1. are called real accounts

Explanation:

Balance sheet accounts are the real account and these accounts do not close and balances of these accounts accumulated and carried forward to next accounting period. These balance represents the net accumulated values of all the past years. These accounts are also affected by the all the adjustments. Every transaction ultimately effect any of the balance sheet account.

7 0
4 years ago
Q.3 A company has an investment opportunity costing · 40,000 with the following expected net cash flow
Naddika [18.5K]

Answer: 17,000

Explanation: nothing dont take my answer i guessed

7 0
3 years ago
In the case of oligopolistic markets, self-interest makes cooperation difficult and it often leads to an undesirable outcome for
Tanya [424]

Answer: True

Explanation:

An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.

This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.

7 0
3 years ago
Classify the following as fixed or variable costs:
sergeinik [125]

Answer:

a. Fuel Interest on company-issued bonds  FIXED

b. Shipping charges  VARIABLE

c. Payments for raw materials  VARIABLE

d. Real estate taxes  FIXED

e. Executive salaries  FIXED

f. Insurance premiums  FIXED

g. Wage payments  VARIABLE

h. Depreciation and obsolescence charges  FIXED

i. Sales taxes  VARIABLE

j. Rental payments on leased office machinery FIXED

Explanation:

Fixed costs are the cost of an organization that don´t change with the amount of production.  So ,  if the production is 0,  this cost will exist anyway. For example:  real estate taxes,  rental

6 0
3 years ago
A company purchased new furniture at a cost of $19,000 on September 30. The furniture is estimated to have a useful life of 5 ye
OLga [1]

Answer: The depreciation expense that will be recorded for the furniture for the first year ended December 31 is $825.

Explanation: Straight-line mwthod of depreciation is:

(Acquisition value minus salvage value) / No of years

Per the question, the acquistion value of the new furniture is $19,000 while the salvage value is $2,500. The number of years is 5 years.

Then yearly depreciation would be <u>($19,000 - $2,500) / 5 years = $3,300</u>.

Note that the furniture was purchased on September 30. To arrive at the depreciation expense that will be recorded as at December 31, you need to pro rate the yearly depreciation of $3,300.

September 30 to Decemer 31 is 3 months. <u>So the total depreciation expense will be $3,300 * 3 / 12 = $825.</u>

<u />

6 0
3 years ago
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