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alisha [4.7K]
3 years ago
7

Why might an accountant user not see the Exceptions to closing date report in a Quickbooks online company

Business
1 answer:
fomenos3 years ago
8 0

Answer:

The options are

A Closing date has not been set in the company

The Accountant user does not have the required permissions to view the report

The Exceptions to Closing Date report is not available in a Simple Start subscription

The Audit Log is not enabled

The answer is The Accountant user does not have the required permissions to view the report

The Closing date Report in a Quickbooks online company is inevitable and it usually contains all the available transactions present during the time frame of the set closed date. The only way in which it won’t be seen is there is no permission to view the file which contains the report. This makes the Accountant user does not have the required permissions to view the report correct.

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Answer: The correct answer is a). The sum of the debits will equal the sum of the credits.

Explanation: When a journal entry is posted as same amount to both the debit and credit it balances up in the trial balance.

In the same vein, irrespective of the error in the ledger raised and posted in the trial balance, the sum will be equal on both the debit side and the credit side.

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3 years ago
Why do people feel more compelled to work with a leader who demonstrates responsibility
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Answer:

why do people feel more compelled to work with a leader who demonstrates responsibility?

People feel more compelled to work with a leader who demonstrate responsibility because such leader leads by example as a matter of fact most people are always ready to work without being forced to as a result of act of willingness displayed by such leader

Explanation:

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3 years ago
Means producing a product or service of acceptable quality at consistently lower production costs than competitors so that the f
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3 years ago
Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
maxonik [38]

Answer:

1. $46,550

2. $405,000

3. $450,600

Explanation:

1. Computation of differential cost regarding the decision to buy the model 200

Differential cost = Cost of a new model 300 - Cost of a new model 200

Differential cost = $396,350 - $349,800

Differential cost = $46,550

So, the differential cost regarding decision to buy model 200 is $46,550.

2. Sunk costs are the costs which are already incurred by the entity in the past and which are not relevant to decision made today. In this case, sunk cost is the cost of the machine purchased seven years ago for $405,000.

3. Opportunity cost is the profit forgone by chosen alternative course of action. In this case, the Opportunity cost regarding the decision to invest in the model 200 machine is $450,600.

6 0
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Having some clients who are less knowledgeable about investing and seem to be more trusting of their firm, the management of a f
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Answer:

The correct answer is b) a Ponzi scheme.

Explanation:

The Ponzi Scheme is a fraudulent investment operation that involves paying investors interest obtained from the money of new investors (and not from the generation of genuine profits). It is a pyramidal system, in which the only way to share benefits requires that participants recommend and capture (refer) to more clients with the objective that new participants produce benefits to primary participants.

This system does not invest in financial or other instruments, it only redistributes money from some investors to others, so the system works only if the number of investors in the pyramid continually grows; once people stop entering the "business", the scammer is prevented from fulfilling his promise and the pyramid collapses

7 0
3 years ago
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