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kogti [31]
3 years ago
7

Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven

ues and expenses. C. cannot result in the entity having net income unless cash is received from customers. D. means that expenses are recorded when they are paid.
Business
1 answer:
satela [25.4K]3 years ago
5 0

Answer:

The answer is B. is designed to match revenues and expenses.

Explanation:

Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.

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All of the following are organization-directed benefits associated with offering unconditional guarantees except: a. the guarant
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Answer:

All of the following are organization-directed benefits associated with offering unconditional guarantees except:

a. the guarantee provides a means to avoid bankruptcy.

Explanation:

Providing or offering customers unconditional guarantees does not help the company to avoid bankruptcy.  Bankruptcy arises from inadequate financing resulting from overtrading.  Importantly, offering guarantees to customers communicates a clear performance goal to employees to improve service delivery to customers.

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Which statement best summarizes the law of demand ?
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Answer:

The answer is D

Explanation:

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No entries shall be allowed for district meets which are not submitted to the director on or before the ____ day before the firs
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No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>
  • An organization's directors play a crucial role in governance on behalf of its shareholders or members.
  • The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
  • Each director must acknowledge and support the following standards of conduct:
  • To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
  • To proactively seek out sufficient knowledge about the organization's operations.
  • To constructively contribute to the formulation of pertinent organizational policies.
  • To give the organization's long-term strategies solid support.

In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created. 

Know more about Directors with the help of the given link:

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8 0
2 years ago
Direct labor and overhead costs incurred to change raw materials into finished products are known as
san4es73 [151]

Answer:

conversion costs

Explanation:

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Victor works for a telemarketing company that is on a very tight budget. He has been tasked with finding a method for the compan
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The telecommunications technology that Victor's company can use is a wiki.

<h3>What is telecommunication?</h3>

It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.

In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.

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