Complete/Correct Question:
Due to an earthquake, the servers of an online shopping company were affected and the internet was down. The managers of the company had to formulate and carry out a procedure so that businesses could run normally while the servers were being fixed. To overcome this unexpected problem, the mangers devised a(n) _____.
A. single-use plan
B. policy
C. strategic objective
D. mission statement
E. purpose statement
Answer:
Single-use plan
Explanation:
A single use plan according to the name is a a plan that only be used once. It is mostly a temporary plan used by companies to keep its services running while a more permanent solution is being put into place or developed.
In the above question, the servers of an online company is down. To ensure that business moves on, the company has to formulate a temporary plan which is a single-use plan to ensure the servers are accessible to customers while its I.T team or department comes up with a permanent solution to the servers.
That temporary plan used to keep the servers running is called a single-use plan.
Cheers.
<span>With an accounts receivable balance of $1,500,000 and accounts receivables estimated to be 4% uncollectible, Roster Co.'s year-end doubtful accounts allowance should be $60,000. Since the current general ledger balance for the allowance account is only $45,000, Roster Co. should record an adjustment of $15,000 to bring it up to $60,000.</span>
The correct answer from given options is "focus group".
<span>A focus group is a small group of people brought together for an intensive discussion of a topic.
Mostly in a focus group the researchers capture the session as videotape to assess the responses which include both verbal and nonverbal responses.
</span>There is also an online focus groups and offline focus groups.
Answer:
The answer is For debt issued at a discount; interest expense reported on the income statement equals cash interest less amortization of the discount
Explanation:
Effective interest method is an accounting practice used to discount a bond. This method is used for bonds sold at a discount; the amount of the bond discount is amortized to interest expense over the bond's life. As a book value increases, the amount of interest expense increase.
Answer:
a) Jackie's accounting profit of just zero, her revenue have to be $5000
b) The revenue would give Jackie an economic profit of just zero is $67,000
Explanation:
a) $5,000 is the only cost that would have to add to the accounting profit calculation, which is the cost of upgrading her computer equipment every year as she runs the business out of a room in her home. For her accounting profit to be just equal to zero, her total revenue would have to be $5,000 to meet the requirement.
b) Total revenue is $67,000, which includes the cost of equipment upgrade, the opportunity cost of not renting out the room, and the opportunity cost of Jackie’s time. All the costs that will add to the calculation for the economic profit of the company. Jackie’s total revenue would have to be $67,000 to be just zero to meet the requirement.
