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3 years ago

For how long should a certified personal trainer maintain accurate contract and appointment records?

1 answer:

5 0

Correct/Complete question: For how long should a certified personal trainer maintain accurate contract and appointment records?

a. 3 years

b. 4 years

c. 2 years

d. 1 year

Answer:

4 years

Explanation:

A certified personal trainer is expected to maintain accurate record of contracts and appointment for at least 4 years before discarding them so as to be able to use them for future assessment or reference purposes. These records are kept in both soft and hard copies. the hard copies can be recycled after 4yeasr at least while the soft copies are kept in a database which can last for almost forever.

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Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

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3 years ago

anufacturers consider selling and administrative costs to be A. prime costs. B. conversion costs. C. inventoriable costs. D. per

malfutka [58]

Answer:

D. period costs.

Explanation:

The period cost is the cost which is incurred during the passage of time. It includes the major part of the ling and administrative expenses of the income statement. This cost is not capitalized. It is to be allocated based on the expenses that are against the revenue.

Example - Depreciation on delivery trucks, advertising expense, etc

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3 years ago

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a ________ for that good.

Nastasia [14]

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a patent for that good.

What do you mean by monopoly?

Monopoly translates to "alone to sell." When there is only one vendor of a given commodity, there is little to no intense rivalry from other sellers. We'll examine the characteristics of a monopoly market in this post.

What do u understand by patent?

An innovator receives a property right known as a patent from a government body. In exchange for full disclosure of the innovation and for a set amount of time, a patent grants the creator exclusive rights to the patented process, design, or invention.

Learn more from monopolies: brainly.com/question/13113415

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2 years ago

A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $

Inessa05 [86]

Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.

<h3>After-tax income</h3>

Using this formula

After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)

Let plug in the formula

After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)

After-tax income=$12,800-($9,600+$1,200)×0.60

After-tax income=$12,800-$10,800×0.60

After-tax income=$2,000×0.60

After-tax income=$1,200

Inconclusion the after-tax income is $1,200.

Learn more about after-tax income here:brainly.com/question/1775528

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2 years ago

How can networking with friends colleagues or members of an organization helping to get to where you want to be

storchak [24]

It gives you a map so that you can find where u are going

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3 years ago