Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay
Explanation:
A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.
We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.
Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".
These are named Active and Constructive responses to conflict.
These responses are called active as from the question portion it's clear talking related to the perspective, creating its solutions related to the issues expressing the emotions and at the end to reaching out the point of solution are denoted as the Active.
It's constrictive because the variation step by step makes you understand the positioning and clear the mindset which illustrates the position and makes it constructive.
On the other side, reflective thinking, delaying responding, and adopting are known as passive and constructive responses.
For more questions like this Active and Constructive responses visit the link below:
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The answer is false.
A mandate is a formal order that is given by a higher authority to suggest change. As described in oxford's dictionary, mandate is an official order or commission to do something.
Answer: The March 31 adjusting journal entry shoud include $1200
Explanation: Given that the
Supplies on hand = $500
Candy purchased supplies of $1200 and used supplies of $500
The unused supplies will be:
1200 - 500 = 700 dollars
The March 31 adjusting journal entry shoud include the addition of the supplies on hand and the unused supplies. That is,
500 + 700 = 1200 dollars
Answer:
b. The demand curve does not reflect the value to society of the good.
Explanation:
An externality is a financial term alluding to an expense or advantage caused or got by an outsider. Nonetheless, the outsider has no power over the making of that cost or advantage.
An externality can either be positive or negative which can be caused by either production or consumption of a good or service. The cost or the benefit can affect an individual or a society as a whole. A typical example of a negative externality is pollution which can cause negative cost to a third party in terms of health expenses. An example of a positive externality on the other hand is when a well educated labor force increase their productivity.
The government and local authorities can control negative externality by imposing taxes and regulation of these products. The government can also overcome negative externality by imposing subsidies on the goods that improve positive externality.
The demand curve however does not reflect the value to society of the good. It only reflects the relationship between the price and the quantity of goods consumed.
