1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksana_A [137]
3 years ago
8

If the adjustment for accrued expenses is not recorded a.net income will be understated. b.revenues will be understated. c.net i

ncome will be overstated. d.expenses will be overstated.
Business
2 answers:
Papessa [141]3 years ago
6 0

Answer:

The correct option is C

Explanation:

Accrued expenses is an accounting term that refers to an expense that is recognized on the books before it has been paid. So if accrued expenses are not recorded the business net income will be overstated.

Vaselesa [24]3 years ago
5 0

Answer:

Explanation: An accrued expense can be simply defined as an expense that was incurred but not yet paid or recorded. The following effect will reflect on a company's financial statement if the company fails to adjust for accrued expenses: its expenses will be understated and net income and stockholders' equity will be overstated. The net income will be overstated since the accrued expense is not recorded. Unrecorded accrued expense also means that the corresponding expense is not recorded and properly deducted from net income leading to overstatement of the net income.

You might be interested in
Electronic media have changed the way employers select qualified candidates. Applicant tracking systems (ATS) are often the firs
guapka [62]

Answer:

a. Move all text to the right.

a. Unusual typefaces, underlining and italics.

c.Unfamiliar abbreviations.

Explanation:

Application Tracking System (ATS) is a software which helps organization to manage the recruiting process. It enables to look for required skills in a certain applicant and then select those candidates who matches the certain requirements by organization.

The candidates should format the resume as short lines and mention key points. Move all text to the right to be able for ATS to ease tracking process.

The candidates should avoid including unusual typefaces and italics, should not use unfamiliar abbreviations.

8 0
3 years ago
Entitlement culture is the idea that __________________________. a. basic salaries are extra pay for sales performance rather th
Lunna [17]

Answer:

The correct answer is letter "D": bonuses are deferred salary rather than extra pay for extra sales performance.

Explanation:

In the corporate world, entitlement culture refers to the workers' beliefs that they deserve a series of privileges. This tends to happen during growth periods. Employees assume that the optimal situation of the firm has to do with their performances then, the organization owes them.

An idea that is commonly spread under such a scenario is that bonuses and commissions are deferred salaries and not extra payment for outstanding performance.

3 0
3 years ago
Is it plagiarism if I take someones stuff off of a website but link the website I took it from afterwards?
charle [14.2K]

Not at all because you're crediting the person who actually is the owner of the information. But if they asked you to put it in your own words, then I suppose it counts as plagiarism.

6 0
3 years ago
Read 2 more answers
Vivian worked as a manager at her company. She was asked to order a few cars that would be used by company employees. Which best
Margarita [4]

To ensure that her company is being socially responsible, Vivian should ensure that the cars are environmentally friendly. Being socially responsible means you do what is best for planet, people, and profits. In this case, taking care of the planet means choosing the car that is the most environmentally friendly.

8 0
3 years ago
Use the information below for Jensen Company to answer the question that follow. Direct materials used $345,000 Direct labor inc
AnnZ [28]

Answer:

b.$995,000

Explanation:

Jensen Company

Direct materials used $345,000

Direct labor incurred 250,000

Factory overhead incurred 400,000

Product cost $995,000

Therefore Jensen Company's product costs is $995,000

Direct materials used $345,000 + Direct labor incurred 250,000 +Factory overhead incurred 400,000 =$995,000

8 0
3 years ago
Read 2 more answers
Other questions:
  • Tustin Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 68 Manuf
    7·1 answer
  • Kubin Company’s relevant range of production is 13,000 to 18,000 units. When it produces and sells 15,500 units, its average cos
    9·1 answer
  • Touching your nose is an example of?
    10·2 answers
  • As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noti
    5·1 answer
  • Knowledge Check 01 Assume that we use a perpetual inventory system and that five identical units are purchased at the following
    12·1 answer
  • Another restaurant manager says to you, "I’ve heard that Barcelona has a three-step hiring process. Candidates first have an int
    6·1 answer
  • The parents of two children are killed in an automobile accident. They have a living trust. Why do you think this will benefit t
    9·1 answer
  • Blossom Company incurs these expenditures in purchasing a truck: cash price $26,470, accident insurance (during use) $2,080, sal
    12·1 answer
  • You are trying to explain to your friend the difference between managers and leaders. You would be most accurate in saying _____
    11·1 answer
  • What does economic problem mean?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!