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2 years ago

Sealed Bidding is appropriate when discussion/negotiations are required to determine price and delivery terms?

Business

1 answer:

denpristay [2]2 years ago

4 0

Answer:

B. False

Explanation:

In a sealed bidding, bidders have no opportunity to discuss/negotiate. They just present an offer adjusted to the terms of the requirer of the good or service that is submitted to bidding.

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When a firm develops a marketing campaign for a social cause, such as a cleaner environment, what type of marketing campaign is

Bess [88]

Answer:

Cause-related marketing

Explanation:

Cause related marketing is usually carried out between a corporation and a nonprofit organization (e.g. humane society, PETA, etc.). The corporation sponsors the nonprofit as a way of supporting their cause, e.g. better animal treatment, environment, cancer or aids awareness, etc. This way the corporation's image and its products are related to the sponsored cause.

6 0

2 years ago

Kirkland sells season tickets for six events at a price of $48. For the 2013 season, 2,700 season tickets were sold.

alexira [117]

Answer:

a. Assets = Liabilities + Stockholders' Equity = $129,600

b. Debit Unearned ticket revenue for $129,600, and Credit Total revenue for $129,600.

c. It would be classified as an Unearned ticket revenue under the Current Liabilities on the balance sheet.

Explanation:

a. Use the horizontal model to show the effect of the sale of the season tickets. (Enter decreases to account balances with a minus sign.)

Note: See the attached excel file for the horizontal model showing the effect of the sale of the season tickets.

In the attached excel file, the following calculation is done:

Cash = Unearned ticket revenue = Price per season ticket * Number of season tickets sold = $48 * 2,700 = $129,600

Since Stockholders' Equity is equal to zero in the attached excel file, we have:

Assets = Liabilities + Stockholders' Equity = $129,600

b. Use the horizontal model (or write the journal entry) to show the effect of presenting an event.

The journal entry will look as follows:

General Journal Debit ($) Credit ($)

Unearned ticket revenue 129,600

Total revenue 129,600

(To record the effect of presenting an event.)

c. Where on the balance sheet would the account balance representing funds received for performances not yet presented be classified?

It would be classified as an Unearned ticket revenue under the Current Liabilities on the balance sheet.

Download xlsx

4 0

2 years ago

Todd wants to be sure everyone gets the message about a special speaker coming to their next meeting, so he should use a lot of

Zepler [3.9K]

Answer:

True.

Explanation:

Presentation can be defined as an act of talking or speaking formally to an audience in order to explain an idea, piece of work, project, and product with the aid of multimedia resources or samples.

Formatting is a feature found in a lot of word processing software applications such as Microsoft Word, Notepad, etc., which is designed to avail end users the ability to apply specific formatting options such as cut, bold, italics, underline, etc., to texts based on certain defined criteria.

Basically, it is used for highlighting, emphasize, comparing or differentiating between data (information) stored in a text document.

In this scenario, Todd wants to be sure that the message about a special speaker attending their next meeting is conveyed to the members.

Therefore, he should use a lot of unique formatting such as italics or underlining in the newsletter to be sent out, so as to get their attention.

7 0

3 years ago

Which of the following is notan example of the potential dark side of big data?

lutik1710 [3]

Answer:

C) Use of a predictive modeling system that predicts life expectancy by using data about individual consumers' buying habits as well as personal and family medical histories.

Explanation:

Big data are a set of data that when analysed and studied show trends and patterns of individuals and firms.

5 0

3 years ago

How do managers handle 2 challenges of each of the 8ms of management to effectively and efficiently steer their organization in

mezya [45]

Answer:

Explanation:

i think 16 im not sure though. hope i helped:)

6 0

3 years ago