Answer:
D) $25,000.
Explanation:
The Accrual Basis of Accounting is the process in which income earned or expenses incurred are recorded at the time the transaction takes place, whether or not the cash has been exchanged.
Net Income is derived by subtracting Expenses from Revenue.
N.B. Prepaid Expenses are Advance Payments towards expenses and are a Balance Sheet Items and will not be recorded under Net Income Calculations until the Expenses are realized.
So, The Net Income can be calculated as follows;
Revenue $60,000
Less: Expenses $35,000
Net Income $25,000
Hence Option D will be correct answer.
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Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production
Answer:
D) contingency view.
Explanation:
The contingency viewpoint or approach is a behavioral model of leadership emphasizing the differences between every problem or challenge a business owner faces over a given period of time. A business owner or manager using the contingency approach to problem solving examines a wide variety of factors when determining workable solutions for each workplace issue.
Many factors go into tailoring a managerial decision or company initiative when using the contingency viewpoint or approach. A company's size, geographic location, prevailing organizational culture and even the diverse background of the company's workforce can affect how a manager or business owner work to develop a solution to a given issue.
Answer:
(D) denial of service
Explanation:
Denial of service -
It is a type of cyber - attack where offender tries to make the source of network or the machine unavailable for the user via disturbing the service of the of the internet .
The task of denial of service is done by flooding the machine or the source with many requests in a way to overload the system .
Hence , from the question , the example shown in the question is about denial of service .
Answer:
C
Explanation:
The shareholder-debtholder conflict usually arises because shareholders would prefer the firm to engage in more risky business activities. This is because this has the potential to increase the income of the firm and as a result, the wealth of shareholders.
On the other hand debtholders would not want the firm to engage in risky activities because it might negatively affect the firm's ability to make its schedules payments to debtholders.
In order to protect themselves, debtholders usually draft a deb covenant which contains allowable activities of the firm