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Hatshy [7]
3 years ago
12

Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment

ioned that the logs should be made of teak wood and be identically sized. After receiving the consignment, the quality specialist of the furniture manufacturing company observed that the logs were too big to be used for building furniture. In this scenario, it is likely that the information provided by the furniture manufacturing company to Alex Timbers was
Business
1 answer:
tester [92]3 years ago
4 0

Answer:

<em>Inaccurate</em>

Explanation:

<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>

Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.

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.Cantlivia is a small and poor nation, but its current prime minister has a desire to create more wealth for her citizens. The p
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<h2>Establish a business environment that promotes and rewards is the choice which the Prime Minister likely to choose.</h2>

Explanation:

The motto here is to increase the wealth of the country.

Option 1: Invading other countries is unethical and also, it cannot assure that, Cantlivia will improve. The reason is the country which the option says is poorer than Cantlivia, so point of growth could be seen.

Option 2: Already the country economy is down, so purchasing new tools is not possible hence this option is invalid.

Option 3: We can increase wealth only by creating business and creating entrepreneurs. So this is the right choice.

Option 4: Creating a barrier will actually slow down wealth. So this option is not right.

4 0
3 years ago
For each of the following transactions of JonesSpa Corporation, for the month of January, identify each as an investing activity
expeople1 [14]

Answer:

1. Paid cash to purchase inventory

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

2. Purchased land by issuing common stock  

NON CASH INVESTING AND FINANCING ACTIVITY, DOES NOT AFFECT CASH FLOW STATEMENT

3. Accounts receivable decreased in the year

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

4. Sold equipment for cash

INVESTING ACTIVITY, INCREASES CASH FLOW STATEMENT

5. Recorded depreciation expense

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

6. Income taxes payable increased in the year

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

7. Declared and paid a cash dividend

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

8. Accounts payable decreased in the year

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

9. Paid cash to settle notes payable

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

10. Prepaid expenses increased in the year

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

11. Sold inventory for cash

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

12. Paid cash to acquire treasury stock

FINANCING ACTIVITY, DECREASES CASH FLOW STATEMENT

13. Net income

OPERATING ACTIVITY, INCREASES CASH FLOW STATEMENT

14. Decrease in accrued liabilities

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

15. Increase in prepaid expenses

OPERATING ACTIVITY, DECREASES CASH FLOW STATEMENT

8 0
3 years ago
Each of the statements below are true about inflation EXCEPT
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Is there a picture i can look at?
5 0
3 years ago
A multi-location flower shop receives payment from customers in person, over the Internet, and through the mail. When checks com
hoa [83]

Answer:

To reduce the chance of fraud.

Explanation:

An appropriate practice to reduce transaction fraud would be "traceability," which is the ability to track and follow the supply chain of some manipulation. This greatly helps prevent fraud and loss of information.

Financial frauds are actions that a person performs in order to obtain a profit of their own at the cost of damage the economy of another.

7 0
3 years ago
Which of the following statements is correct with respect to a limited partnership?
Viefleur [7K]

Answer: option D

Explanation: A Limited liability partnership is an ownership style which exhibits characteristics of both partnership and corporations. This was implemented for the benefit of business entities and for the ease of owners.

a. In a limited liability a limited partner will never be personally liable for the debts.

b. A general partner can be a limited partner  as long as there are two legal partners.

c. A general partner cannot be a secured creditor as he will always have unlimited liability.

d. A Limited liability partnership is the form of partnership in which some or all of the partners have limited liability.

5 0
3 years ago
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