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3 years ago

?????????????????????????

Business

1 answer:

MatroZZZ [7]3 years ago

5 0

I believe your answer is A: Unearned Revenue.

Because, if a business has received cash, in advance of services performed, and credits a liability account, the adjusting entry needed, after the services are performed, will be debit Unearned Revenue and credit Cash.

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In a condominium, who is responsible for maintaining the internal systems of an individual unit?A. The condominium associationB.

lions [1.4K]

Answer:

<em>C. The individual unit owner</em>

Explanation:

Based on what you actually own, your maintenance responsibilities for the property – and therefore your repair costs, and so on – will vary.

Normally, a unit owner is made responsible for managing all that is a part of his unit system.

For instance, if you identify a "unit" in your condominium complex to include the outside shutters on your windows, it will be your responsibility to maintain that.

If they collapse off from each other a few years after you move in, you probably won't be able to get help from the home owners association (excluding proof that they were defective at first).

5 0

3 years ago

Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y

goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0

3 years ago

A corporation is authorized to sell 1,000,000 shares of common stock. Today there are 500,000 shares outstanding, and the board

Juliette [100K]

Answer:

35,000 stocks

Explanation:

Dividends can be either distributed in cash or distributed as new stock. In this case the company decided to issue stock instead of cash payments. Since the company has 500,000 outstanding and the board declared a 7% dividend, then 35,000 stocks should be issued (= 500,000 x 7%).

Whether shareholders receive money or stocks, they still have to include the dividends as part of their gross income.

4 0

3 years ago

A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard c

lord [1]

Answer:

C. $78,250 Unfavorable.

Explanation:

We know,

Material cost variance = (Standard quantity × Standard price) - (Actual Quantity × Actual price)

Given,

Standard quantity = 405,000 units

Standard price = $2.00 unit

Actual Quantity = 403,750 units

Actual price = $2.20 unit

Putting the values into the formula, we can get

Material cost variance = (Standard quantity × Standard price) - (Actual Quantity × Actual price)

Material cost variance = (405,000 × $2.00) - (403,750 × $2.20)

Material cost variance = $810,000 - $888,250

Material cost variance = -78,250

Material cost variance = 78,250 (Unfavorable)

Therefore, C is the answer.

4 0

3 years ago

When workers intentionally reduce their productivity, it is called a(n)?

Tema [17]

When workers intentionally reduce their productivity, it is called a slowdown. This occurrence might be cause by a number of reason. One would be that they are not happy on how they are managed by the administration of the company. They would tend to do this to catch the attention of the admins.

8 0

2 years ago

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