You have to pay back interest, and the later you pay, the more you owe!<span />
Answer:
If I would be a Marshal, I would like succeeding apprehensions should to be indisputable with accountant.
- Recognize the environment- accountant must appreciate the industry, responsibility or the organization in very clear style. He should clearly recognize and go with the administrative goals.
- Communication capability- Accountant must have resilient communication capability to talk with other individual and to make him recognize about any request of that individual.
- Flexibility- as the rules and policies are changes time to time, accountant must flexible enough to accept the changes easily.
- Strong Ethics- moreover the applied ethics, accountant should also have durable moral ethics.
- He should have durable confidence. Furthermore he should confirm to keep personal information secure.
- Precise and Detailed evidence- the accounts organized by accountant must be precise and very clear. It also should be thorough. Proper foot notes should be stated in financial statements.
- Inspiration- account must have competence of rational thinking to come up with fresh clarifications for given problems.
- Trustworthiness- the accountant should be dependability. He knows the secrets of the responsibility. So he should not to reveal these secrets to anyone without prior specialist.
Risk evaluation involves rating the risks that may happen based on the likelihood of them happening. Risk evaluation also involves rating these potential happenings based on the impact they could have on the business. Evaluating risk is a step in the creative process of risk management.
Answer: debit to Dividends Payable.
Explanation:
When the dividend was declared in July 15, the dividend amount was debited to the Retained earnings to show that it was being taken from Retained earnings. It was then credited to Dividends payable to show that the company owed dividends to its shareholders.
On August 15, this liability will be paid off when the dividends are paid and so the Dividends Payable account will be debited to reflect this.
Answer: A natural monopoly occurs when "C. there are economies of scale over the relevant range of output.".
Explanation: A natural monopoly arises when there is a total absence of competition, because said company can supply the market at a lower cost and with a higher quality than if there was competition.
The characteristics that this market can present are:
A very high level of investment is required (Economies of scale)
Use of natural resources, which are located in few places on our planet.
Patents that protect technological innovations
