Answer:
Same! I look up a question and it says seems like there's a connection issue.
Explanation:
Only way to get questions is look them up on Google and they pop up on there website. hope they fix it soon
Answer:
A) Recession
Explanation:
Recession is a term in economics that refers to a situation where there is decline in economic growth. Specifically a recession is said to have occurred if for two or more consecutive quarters a negative economic growth is observed meaning that there is a decline in the gross domestic product (GDP). The implication of recession is that companies have less cash and revenue, so they will seek to reduce cost by cutting down on wages and employment which will generally lead to reduced output, income and jobs. Recessions are usually triggered by financial crises in an economy and government usually tackles it by spending more and reducing the cost of taxes
Answer:
A liability account used to record the obligation to provide future services or return cash that has been received before services have been provided. ⇒ UNEARNED REVENUE represents cash paid in advance by your customers for future services or goods that you must provide.
B. Costs that result when a company sacrifices resources to generate revenues in the current period. ⇒ EXPENSES represent all the money or resources that a business uses in its regular business operations.
C. A type of asset account used to record the benefits obtained, when cash is paid before expenses are incurred. ⇒ PREPAID EXPENSES represent services paid in advance, e.g. you purchase a 2 year insurance policy.
D. The amount charged to customers for providing goods or services. ⇒ REVENUES represent the money that your company collects or should collect in the future in exchange for providing goods or services to its customers.
Answer:
The second step in the strategic-management process is an <u>assessment of the current reality.</u>
Explanation:
In order for management to carry out an assessment, they must have an objective view of what the organization is really doing.
Management can use the following tools to perform a correct assessment:
- SWOT analysis
- forecasting
- benchmarking
- Porter's industry analysis model
Answer:
Weighted Average Cost method provides same ending inventory value and same COGS under both periodic and perpetual inventory valuation.
Explanation:
Weighted average method records all the inventory on average cost. It does not matter how and when inventory is counted, purchased or sold. It averages cost of every unit which comes in the inventory or goes out of inventory. Other valuation method LIFO and FIFO changes the value with change in time or frequency.