Answer:
a. Deeply held convictions that influence your thinking when you are faced with choices
Explanation:
A conviction refers to a firmly held belief of an individual.
An individual forms his values from his family, friends and people around which gradually shape perspective.
Values determine how an individual behaves socially, what constitutes morally right and what is not. They govern the ethical behavior of an individual.
Values are personal in nature in the sense those ain't generally acceptable principles. Those differ from individual to individual. They determine the course of action of an individual when faced with challenges and alternatives.
Answer:
Dr. Cr.
Sales, $56,000
Income Summary $56,000
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Dr. Cr.
Income Summary $52,500
Sales Returns and Allowances $3,000
Sales Discounts, $1,500
Depreciation Expense, $25,000
Salaries Expense, $23,000
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Explanation:
Cash, Equipment, Accumulated Depreciation, Accounts Payable, Owner Capital and Owner Withdrawals are all permanent accounts. These accounts will not close and do not need any closing entry.
Other strategy in effective time management is by prioritizing tasks, in which the individual should do what is important first and place the tasks that are least important in the last list. It is because by prioritizing the task, the important tasks could be accomplished first in which they are the ones that are needed to be done and could be affected greatly if they are not done on time.
Two importance of office resources are greater output and promote productivity .
<h3>What are office resources ?</h3>
All of the resources and amenities found in an office, <em>including people, tools and supplies, furniture and equipment, cash, modes of</em> <em>transportation, and communication</em>, are referred to as office resources. These resources are used to help the organization achieve its goals.
<h3>Two improtance of office resources are:</h3>
- Greater output is made possible because every business strives to produce as much as possible while using the fewest resources possible. Better resource utilization management can be used to accomplish such a feat.
- It helps to<em> </em>promote productivity: Office supplies aid in boosting office employees' productivity. Equipment such as furniture, machinery, and other items make work more comfortable and convenient, which improves worker productivity.
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Answer: All of these are major sources of retirement income.
Explanation: A retirement income is a source earnings an individual gets even after they have retired from working. Retirement income can be of various formats. It can be a:
-Pension: A regular amount paid by a person's previous employer after they have retired from work.
- Annuity: These are payments made at regular intervals. It can either be paid to an individual or paid by an individual.
-Personal retirement plan: a worker can save up part of his income, to be released to him after he has stopped working at an advanced age.