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Andrej [43]
2 years ago
7

The Organisation for Economic Co-operation and Development's requirement that personal data collected should be accurate, comple

te, current, and relevant to the purpose for which it is used is based on which principle?
Business
1 answer:
yaroslaw [1]2 years ago
4 0

Answer:

Data Quality Principle

Explanation:

Collected data is said to be relevant if it is a true representation of real world facts. If it is not then conclusions drawn from it will be incorrect.

Data should be complete, consistent, have integrity, and relevant for a specific use.

For example in marketing, a company uses names and contact information to promote their goods and services. The data needs to be correct and updated for it to be useful. Assume a customer has changed his address and phone number, and these were not updated. It will be difficult for the company to conduct business with him.

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Bennett Co. has a potential new project that is expected to generate annual revenues of $255,800, with variable costs of $141,20
Mandarinka [93]

Answer:

b. $124,120

Explanation:

4 0
2 years ago
Franz ask Joe if he will paint his office building for $1000. Joe says he will do it for $2000. Joe's response is called
Novay_Z [31]
Hey there!

Joe's response is called a counteroffer, which is just an offer that's made in response to an offer given by someone else.
Thie helps two people come to a consensus about an offer.

Hope this helps!
4 0
3 years ago
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
Illusion [34]

Answer:

See below

Explanation:

The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;

Before that, we have to determine the unit cost

Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20

Then, the difference will be;

= Unit fixed manufacturing overhead × change in inventory in units

= $20 × (6,020 units - $5,920)

= $20 × 100 units

= $2,000 less than absorption costing

7 0
3 years ago
Global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skil
GuDViN [60]

Answer:

True

Explanation:

This is true that global staffing has created political issues such as questioning U.S. federal legislation that restricts the number of high-skilled workers admitted from other countries.

8 0
2 years ago
Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $430,000; Allowance for Doubtful Ac
denpristay [2]

Answer:

1. Determine the amount of the adjusting entry for uncollectible accounts. $850

Dr Bad debt expense 850

    Cr Allowance for doubtful accounts 850

2. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

  • accounts receivable $430,000
  • allowance for doubtful accounts $4,850
  • bad debt expense $4,850

3. Determine the net realizable value of accounts receivable.

  • $430,000 - $4,850 = $425,150

Explanation:

accounts receivable balance $430,000

allowance for doubtful accounts balance $4,000

total sales for the year $1,940,000

total bad debt expense = 0.25% x $1,940,000 = $4,850

adjusting entry = $4,850 - $4,000 = $850

8 0
3 years ago
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