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Mumz [18]
3 years ago
12

Whereas the job description focuses on the activities involved in carrying out a job a job specialization looks at the qualities

of the person performing the job?
Business
1 answer:
Hunter-Best [27]3 years ago
3 0
Based on how they carry out the effort and how well they perform the task at hand
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On December 31, 2018, the unadjusted balance in Prepaid Insurance was $2580. This was the amount paid in the middle of the year
mixer [17]

Answer:

Debit Insurance expense $665

Credit Prepaid Insurance  $665

Being entries to recognize insurance expense incurred between July and December, 2018

Explanation:

When an amount is prepaid for insurance expense to be incurred at a later date, the entries required are

Debit Prepaid insurance account

Credit Cash account

When the expense is incurred, the entries then required will be

Debit Insurance expense

Credit Prepaid Insurance

Since the $2,580 paid was for a two-year insurance policy with coverage beginning on July 1, 2018, at at December 31, 2018, the expense would have been incurred for 6 months out of the 24 months (2 years) paid for. This expense amounts to

= 6/24 × $2,580

= $665

Hence the adjustment required

Debit Insurance expense $665

Credit Prepaid Insurance  $665

Being entries to recognize insurance expense incurred between July and December, 2018

4 0
3 years ago
When giving a sales presentation to new customers, Terrance strives to convey that he is highly ethical and trustworthy and that
Alja [10]

Answer:

safety/security needs

Explanation:

Based on the scenario being described within the question it can be said that Terrance is most likely addressing the aspect of Safety needs. This level of Maslow's Hierarchy refers to the need for security and protection. Which is what Terrence is hinting at by bringing up that his products are a safe bet and that that the customers will have the security of the products performing as they are being advertised.

7 0
3 years ago
Read 2 more answers
Your friend Scotty informs you that in 2019 he received a tax-free reimbursement of some medical expenses he paid in 2018. Which
DanielleElmas [232]

Answer:

c.Scotty did not itemize deductions in 2018

Explanation:

Itemized deductions can be defined as a form of eligible expenses in which individual taxpayers can claim on federal income tax returns which will in turn reduce their taxable income, and this is said to be often claimable in place of a standard deduction, only in a situation where it is available which is why ITEMIZED DEDUCTIONS are expenses that are allowed by the IRS that can decrease your taxable income because when an individual itemize on his or her tax return, such individual can opt to pick and choose from the multitude of individual tax deductions out there instead of taking the flat-dollar standard deduction.

Therefore based on the Scotty scenario the statements that best explains why Scotty is not required to report the reimbursement in gross income is :Scotty did not itemize deductions in 2018

3 0
3 years ago
An agent is authorized to act on behalf of a principal in doing business with third parties. True False
bonufazy [111]

Answer:

The statement is: True.

Explanation:

In making business relationships, an agent acts as a third party that is legally authorized to establish businesses for one of the entities involved. The entity that uses the agent as an intermediary is called the principal. The agent must follow the principal's instructions avoiding to be biased by self-interest.

8 0
3 years ago
The most likely promotion objective among companies in the Top 20 of sports spending is to inform and educate because they are i
Dimas [21]

Answer:

The correct answer to the following question is option D) maturity maximize outlets .

Explanation:

In the maturity stage of the product life cycle, there will be a decrease in the sales growth rate but ,not before the sales has reached its peak, because now the product is world renowned , most of the people have accepted the product and the ones who would have wanted to buy the product have bought it and in this stage competition would be high. Here a company would intensify its distribution and promotional activities .

7 0
3 years ago
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