Answer:
The answer is: As they are generally defined, money market transactions involve debt securities with maturities of less than one year.
Explanation:
Money market transactions involve financial instruments with high liquidity and short-term maturities. Usually the securities have a one year or less maturity date.
A few examples of commonly traded securities are:
- Banker’s Acceptance
- Treasury Bills
- Repurchase Agreements
- Certificate of Deposits
- Commercial Papers
Answer:
The answer is C.
Explanation:
Credit sales is $6,000
Bad debt is 3% of net credit sales which is $180($6,000 x3%)
Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.
According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.
So we have have:
Dr Bad debt expense $180
Cr Allowance for Doubtful Accounts $180
Answer: True
Explanation:
Collaborative selling simply refers to a sales approach whereby both the buyer and seller collaborate that is, work together in order to get a convenient and suitable purchase.
It should be noted that a collaborative selling environment makes the sales pitch more challenging for salespeople. Therefore, the answer is true.
Answer:
The correct answer is:
Establishing a code of ethics
Referring ethical dilemmas to an ethics committee
Providing support for whistleblowers
Explanation:
The ethics of the company tries to apply ethical principles in decision-making and concrete actions, and provides tools that raise the ethical level of companies.
Business ethics includes the moral principles and norms that guide behavior in the business world. In fact, there are people who think that their personal values and principles have nothing to do with those presented in their work environment. This is a mistake, when an ethical person works in a company where ethics remains, this person will have a place where he can develop his full potential and his degree of loyalty will be unimaginable.
Companies when they want to define their code of ethics, integrate a series of values such as honesty, loyalty, integrity, innovation, quality, respect for the individual, among others.
