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CaHeK987 [17]
3 years ago
8

Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c

. Credit standards d. Cash discounts e. All of the statements above are components of a credit policy
Business
1 answer:
Alex3 years ago
6 0
D!!! All of the above
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Provide the economic term/concept for this description. *NO ABBREVIATIONS*
elena55 [62]

Answer:

8gc uv u o du I. 8. o ixd u. o

5 0
3 years ago
Which of the following statements is incorrect when allocating service department costs to operating departments?
Whitepunk [10]

Option C is incorrect when allocating service department costs to operating departments.

<u>Explanation: </u>

Typically, fixed costs are not assigned to working departments; however, they have to be absorbed by the service. This statement is incorrect in the service dept. Cost to Operating dept.

The reciprocal method assigns the cost of services to operating departments and other departments. The reciprocal costs are identified and the costs are assigned to each other and to services offered by each service department.

For example, if Service Department A requires certain services of Service Department B, the cost allocation system would not include these services. Since these services are not delegated to other departments, some auditors assume that the direct approach is not right.

6 0
3 years ago
Alpha Company has assets of $624,000, liabilities of $262,000, and equity of $362,000. It buys office equipment on credit for $8
Sphinxa [80]

Answer:

The effect is an increase in the balance of assets by $87,000 and  a corresponding increase in the balance of liabilities.

Explanation:

The accounting equation shows the relationship between all the elements of the balance sheet. These are the assets, liabilities and owners equity. It is shown as

Assets = Liabilities + Equity

When a company buys an asset on account, the entries required are debit assets, credit accounts payable. This means that asset increases but so does liabilities balance.

Hence asset increases to

= $624,000 + $87,000

= $711,000

Liabilities also increases to

= $262,000 + $87,000

= $349,000

3 0
3 years ago
Terrence needs to deliver negative feedback to an employee, Chad, using his company's appraisal software. Before delivering the
Sunny_sXe [5.5K]
<h2>meet with Chad in person and establish goals for improvement.</h2>

Explanation:

  • Whenever an employee shows negativity either to his co-employee or to sub-ordinates, it is better to call in person and meet.
  • We can get the pointers which is making that particular employee to behave in such a manner or we can otherwise guide that employee in the right direction so that the organizational goals are met.

Following things will not work:

  • Discussing about the poor performance of Chad's with other managers
  • Sending an e-mail stating the poor performance of Chad's to all the employees.
  • Warning Chad's coworker is not a good solution, because here Chad's behavior towards co-workers are wrong and not vice versa.

6 0
3 years ago
The many successful movies produced by Disney are evidenced not only in the movies themselves, but in the various merchandise th
kiruha [24]

Answer:

related diversification

Explanation:

Since disney has generated the various merchandise that is connected to each other it could be range from clothing to electronics to household times

Here it would represent the related diversification as the products are diversified either introduce a new product or change in the old products

So this growth strategy would be considered in the given case

8 0
2 years ago
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