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iogann1982 [59]
3 years ago
10

Finke Company's employees are paid each Friday for hours worked the previous week. At the end of the accounting period, Finke Co

mpany accrues $3,200 for earned salaries that have not yet been paid. Which of the following best describes this accrual transaction type?
a. Asset source transactionb. Asset use transactionc. Asset exchange transactiond. Claims exchange transaction
Business
1 answer:
pogonyaev3 years ago
8 0

Answer: Claims exchange transaction

     

Explanation: In simple words, these are the transactions that do not change the level of total claims, that is, these transactions results in increase on one claim and decrease of the other.

In the given case, the company accrues $3200 to its employees. This transaction will have a dual effect of increase in liabilities and decrease in retained earnings, so the overall claims will remain unchanged.

Hence we can conclude that the correct option is D .

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irakobra [83]

Answer:

e) Self-determination Theory

Explanation:

When People prefer to feel they have control over their actions and anything that makes a previously enjoyed task feel more like an obligation than a freely chosen activity will undermine motivation is termed as self-determination theory. It is a macro theory which was emerged in 1970s from intrinsic and extrinsic motives study. It is related to human personality and motivation which focuses on human's need for growth. It proposes that human beings are encouraged and motivated to grow by 3 psychological and innate needs which need for connection, competence and autonomy.

6 0
3 years ago
Debt that is callable by the creditor in the upcoming year, but is not expected to be called, is reported as
balu736 [363]

Answer: current liability

Explanation: Callable debts are simply called bonds (an investment instrument whereby an individual or investor loans a certain amount to an organization in other to finance a project or business that yields profit) which the creditor or issuer call of or terminate a bond before it reaches maturity usually due to decline or decrease in the interest rate on investment, which could have fallen below or seem illogical given the Interst rate in the bond. As such, bonds which are Callable are reported as current liabilities even when they are not expected to be called as current liabilities should include all of an organization's debt or liabilities which should be cleared within 12 months(current fiscal year).

3 0
4 years ago
Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Mana
Zielflug [23.3K]
To whom it may concern i believe
4 0
3 years ago
Read 2 more answers
No matter what the specific objective might be, from building awareness to increasing repeat purchases, promotion objectives sho
Mice21 [21]

The complete question should have been:

Promotion objectives should possess three important qualities. They should be designed for a well-defined target audience, measurable and cover a _________

Answer should be: Cover a specific period of time

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4 0
3 years ago
Assume there is an increase in Government spending of $10 and the aggregate MPC is 0.8. Of the $8 of income that is received in
Rzqust [24]

Answer:

$50

Explanation:

For computing the amount which is spent on consumption, first we have to determine the multiplier spending which is shown below:

Multiplier spending = (1) ÷ (1 - MPC)

                                = (1) ÷ ( 1 - 0.8)

                                = 1 ÷ 0.2

                                = 5

And, the government spending is $10

So, the consumption amount spent would be

= 5 ×$10

= $50

3 0
3 years ago
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