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gregori [183]
4 years ago
9

Total Debits do not always have to equal total credits. There are a handful of exceptions.

Business
1 answer:
Crank4 years ago
7 0

Answer:

False

Explanation:

Total debt in finance is the summation of the organization long term and short term debts. the total debt can be calculated theoretically as summation of current liabilities and total for long-term liabilities

Total credit is the summation of loans that organization can borrow.

Therefore, Total Debits do not always have to equal total credits. There are a handful of exceptions.

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Oliver is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his emp
Mekhanik [1.2K]

<u>Answer:</u> Social and motivational character trait helps him to be a good entrepreneur.

<u>Explanation:</u>

Oliver understands the strengths and weakness of the employees. He tries to nurture the strengths of the employees . By doing so the employees can be more productive and give efficient performance. He is being very social with the employees and understands their insecurities and tries to provide solution.

He concentrates on the personal growth of the individuals working under him. He plays the role of a motivational leader which helps him to be a successful entrepreneur. When the employees have job satisfaction they perform well in their work.

<u />

7 0
3 years ago
The currency drain ratio is 0.5 of deposits and the​ banks' reserve ratio is 0.4. What is the money​ multiplier?
dimaraw [331]

Answer: 1.67

Explanation:

From the question, we are informed that the currency drain ratio is 0.5 of deposits and the​ banks' reserve ratio is 0.4.

The money​ multiplier is calculated as:

(1 + the currency drain ratio)/( the reserve ratio + the currency drain ratio)

= (1 + 0.5)/(0.5 + 0.4)

= 1.5/0.9

= 1.67

Therefore, the money multiplier will be 1.67.

3 0
3 years ago
The quality of information obtained from a request letter depends on the clarity of the inquiry. what techniques can you use to
WARRIOR [948]

For clarity, you should:

  • set an end date when appropriate
  • ask for a specific action
  • itemize information to improve readability
4 0
3 years ago
The repair order is a legal document and must be signed or verbally agreed to by the customer.
zhenek [66]

A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.

3 0
3 years ago
If planned investment plus unplanned investment (unplanned inventory changes) are __________ savings, then economic activity wil
Marta_Voda [28]

Answer:

the correct answer is greater than

Explanation:

If planned investment plus unplanned investment (unplanned inventory changes) are greater than savings, then economic activity will increase.

6 0
4 years ago
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