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schepotkina [342]
3 years ago
12

ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced m

odels offer more features. there is a coupon available for additional percentage off the price. the sale price is the cheapest available. there are more positive customer reviews than negative reviews.
Business
1 answer:
Otrada [13]3 years ago
4 0

Answer:

the sale price is the cheapest available.

Explanation:

Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.

Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.

Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.

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Which of the following is an example of an accrual? A : Record Revenues that were received in cash in an earlier period. B : Rec
shutvik [7]

Answer: B. Record revenue that will be received in cash in a subsequent period.

Explanation: Accrual Accounting is a method that records transactions when they have inccured. Instead of when the cash is exchanged.

A. Incorrect. Impossible to record in earlier periods. As the past financial statements from previous years have already been closed off.

B. Correct. Accrued accounting entails recording the transaction when it has occurred. So the cash will be recorded as received. However the cash will only be transferred to the revenue account when the obligation has been met. Therefore it will only be transferred to revenue in the period that it applies to.

C. Incorrect. This is already general expense and general accounting rules apply. I.e. The expense is incurred in the same year and paid out in the same year. This is how most income and expenses are treated, except for prepaid and accrual income and expenses.

D. Incorrect. This is an example of a prepaid expense. Prepaid expenses are expenses that have already been paid even though they haven't been inccured yet. This is an asset, and is thus recorded on the debit side.

8 0
3 years ago
A company with a functional organization structure has more difficulty doing which of the following? Focusing on the goods, mana
Readme [11.4K]

Answer:

Focusing on the goods

Explanation:

Functional Organization Structure  advantages includes enhancing of the work efficiency and productivity due to the specialized skills and technology. Employees are highly motivated as they see clearly their career path within the functional units. Functional specialization can minimize the cost of operation.

Therefore, Focusing on the goods is a clear challenge as the company is managed thinking on the roles of the different departments rather than focusing in the products&goods

7 0
3 years ago
In 2017, Ozzie purchased a 2014 Ford Escort from his neighbor for his son, purchased a 2013 "one owner" Camry from Larchmont Toy
Zinaida [17]

Answer:

Ozzie's purchase of the 2017 new Ford would be included in GDP

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Only goods produced in a given year would be included in the calculation of GDP.

Its only the 2017 new Ford that produced in 2017 that would be counted as part of 2017's GDP

I hope my answer helps you

7 0
3 years ago
Hoffman Corporation retires its bonds at 106 on January 1, following the payment of semiannual interest. The face value of the b
Ipatiy [6.2K]

Answer:

B. credit of $4,200 to Gain on Bond Redemption

Explanation:

face value 400,000

callable at 106

cash disbursements 400,000 x 1.06 = 424,000

carrying value (after discount or premium) 419,800

as is higher than face value the onds have a premium for 19,800 dollars

result at redemption:

book value - market value

419,800 - 424,000 = 4,200

Journal entry

Bonds Payable       400,000 debit

Premium on BP         19,800 debit

    Cash                                      424,000 credit

   Gain on Bond of Redemption   4,200 credit

This makes B option correct.

7 0
3 years ago
When individuals or groups are in the process of purchasing a company, this action is known as being a stakeholder.?
Anit [1.1K]
Stakeholders are someone or agroup of ppl that are interested in the business
4 0
3 years ago
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