Answer: Interest earned by the account.
Explanation: When a bank debits an account money is been removed from the account. This can either be as a result of: the account owner withdrawing from the account, a cheque paid to another person, bank service charges.
While when a bank credits an account money is added to the account. It can occur as a result of : money paid into an account, bank interest paid on accounts.
Therefore interest earned on an account is credited to the account holder.
Answer: Competence, confidentiality, integrity, and credibility.
Explanation:
In the activities of management accountants professionals, the four standards of ethical conduct which the Institute of Management Accountants enacted are simply confidentiality, credibility, competence, and integrity.
This therefore shows that the right option is B.
<span>This long term care facility purchases at least 85% of its
food and supplies from one distributor and it’s an example of prime vending. A
prime vending is a type of purchasing that has gained acceptance and popularity
among restaurant and non-commercial buyers. It is also a service which people
or the workers do.</span>
Answer:
They dont earn no more than $28,000 a year
Answer:
D. The breakeven point decreases.
Explanation:
Breakeven point of a business is defined as the point where it's total cost and total revenues are equal, at this point there is no gain or loss. Hen revenue is above this point profit is made, and when revenue is below this point there is loss.
The formula for break-even is
Breakeven point= Total fixed cost/(Sales price per unit- Variable cost per unit)
Since sales price and variable cost is constant, let's say
(Sales price per unit- Variable cost per unit)= constant (k)
So when we cross-multiply in the formula
Breakeven* k= Total fixed cost
It shows that Breakeven point is directly proportional to Total fixed cost.
So a reduction in Total fixed cost will result in a reduction in Breakeven point.
