Answer:
The explanation of this question is given below in the explanation section
Explanation:
Sharing a folder on a local area network or LAN requires permission to access it. These permissions mostly categorized into read and write.
Those who have read permission, then they can only read those folders or files but they can't change the content of those folders or files. For example, if someone is allowed to read the files, If he tries to change, then the system will not allow him to change the contents of the file.
On the other side, If someone has permission to change the folders or files on the LAN network or local or public server. Then he has full authority to change the content. In short, the one who has the write permission, can easily change the content of that file or folder and have full control over it.
As asked in this question, a folder has been shared with permission that allows Accountant to have read permission and Manager to have the change permission. Marry is the accounting manager. Marry have full permission or full control (read, write) to accesses the shared folder from across the network.
Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
<h3>What is an
inflation? </h3>
An inflation means a persistent rise in general level of goods and service in a particular year.
- Inflation affects consumer spending because the purchasing power of currency reduces
- Inflation affects discount rates
- Inflation results to rising price of goods and services
- Inflation gives the overall economy a hard time
In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
Read more about Inflation
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Answer:
The correct answer is C
Explanation:
Principle of Revenue recognition, is the one of the foremost and vital principle of accounting, which is also the cornerstone of the accrual accounting along with the matching principle.
Under this principle, the revenues are recognized or ackowledged when they are realized or earned, which is generally when the goods are transferred or the services are rendered, irrespective of when cash is received.
So, the rule which says revenue to be recognized when earned and measure the revenue amount equal to value of non- cash assets received from clients is known as revenue recognition principle.
Answer:
The correct answer is c. medium of exchange.
Explanation:
Money is a financial asset that serves as an intermediate platform to optimize the exchange of goods and services, avoiding the inaccuracies of bartering, that is, the direct exchange of goods and services. Therefore, for a good to be qualified as money, the following three criteria must be met and that are the three main functions that money fulfills in a modern economic system:
- Exchange medium: to avoid the inefficiencies of a barter system. When a good is required for the sole purpose of using it to be exchanged for other things, it owns this property. In addition, money should be a lightweight and easy to store and transport.
- Unit of account: When the value of a good is frequently used to measure and compare the value of other goods or when its value is used to denominate debts, it is said that the good possesses this property. The unit of account means that it is the unit of measure that is used in an economy to set prices.
- Conservation of value: When a good is acquired with the objective of preserving commercial value for future exchange, then it is said to be used as a store of value. Money is a store of value but not the only one, any asset that maintains its purchasing power over time will serve as a store of value.
Answer: Sell their personal assets
Explanation: In the given case, James and Maria were the owners of a firm which has a partnership structure and not the company structure. As per the law, the owners and the firm in a partnership structure would not be considered as two separate legal entities.
In case of any default or liquidation , the personal assets of the owners of the firm could be taken into consideration for repayments of debt.
Hence Maria and Jamie can sell their assets to repay $37,500.