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alekssr [168]
3 years ago
11

Explain the difference between the unadjusted and the adjusted trial balance. Multiple choice question. The adjusted trial balan

ce is prepared after adjusting entries have been recorded and posted. The unadjusted trial balance is more up to date than the adjusted trial balance. The unadjusted trial balance is more accurate and should be used to prepare financial statements. The adjusted trial balance contains only the accounts which were adjusted. The unadjusted trial balance contains all of the remaining accounts.
Business
1 answer:
gladu [14]3 years ago
3 0

Answer:

The adjusted trial balance is prepared after adjusting entries have been recorded and posted.

Explanation:

Only the adjusted trial balance is accurate and more up to date than an unadjusted trial balance and must be used to prepare financial statements.

The adjusted arise from the end of reporting period adjustment such as inventory valuation and errors that might have been identified during the reporting period.

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Which statement is not correct about the business-society interdependence?
Dmitry_Shevchenko [17]

Answer:

D. Actions by governments rarely significantly affect business

Explanation:

Business-socciety interdependence points out how business activities impact society and how society impacts business decisions. Government actions play a significant role in business performance. For example, an increase in interest rate increases the cost of borrowing and acts as an investment disncentive. Likewise, an increase in corporation tax stifles the incentive to invest and reduces corporate profit. Other government interventions such as standards and regulations, minumum wage legislations, permits and licenses would not only reduce business profits but could make doing business very cumbersome. Also, the extent to which the government is committed to maintaining political stability could determine the extent to which invesmtent thrives in an economy.

6 0
3 years ago
The direct write off is used when:
Thepotemich [5.8K]

Answer:

The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.

Explanation:

Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.

3 0
3 years ago
Which of the following is true of Peter Senge’s contributions to management thought and practices? A. He has made several signif
puteri [66]

Answer:

A. He has made several significant contributions to the areas of organizational learning and change.

Explanation:

<em>Option B</em>: Peter Drucker was the first person to discuss MBO, not Peter Senge. So, this option is incorrect.

<em>Option C</em>: It is the function of management. Therefore, Peter Senge might contribute to this one, but there is no evidence. So, it is wrong.

<em>Option D</em>: Peter Senge advocated the scientific methods of management, but not for the determination of efficient production.

<em>Option E</em>: He does not contend with the bureaucratic structure. Therefore, it is wrong, either.

<em>Option A</em>: It is the answer because he has made several contributions to the areas of organizational learning through the establishment of the society of organizational learning.

8 0
3 years ago
"Which indicator is the best for determining whether a client with Addison's disease is receiving the correct amount of glucocor
oksano4ka [1.4K]

Answer:

The correct answer is Daily weight.

Explanation:

Changes in weight can occur quickly. The treatments and medicines  used to fight the disease can affect the weight in a very short time.

Knowing the weight helps staff members make the safest and most effective choices.

• Doctors and pharmacists use weight to help decide the amount of medicine

That needs to be ordered.

• Nurses and doctors use daily weight to decide if it is necessary to increase or decrease fluids either by mouth or by vein.

Staff will monitor the weight before most clinic visits and at any time when they are admitted. Doctors and other staff members often decide the dose of medicines and the amount of serum needed early in the morning.

3 0
3 years ago
Assume the real rate of interest is 4.00% and the inflation rate is 4.00%. What is the value today of receiving 11,134.00 in 9.0
ira [324]

Answer:

FV= $11,134

Explanation:

Giving the following information:

Future value= $11,134

Interest rate= 4%

Inflation rate= 4%

Number of periods= 9 years

<u>The inflation rate provokes the opposite effect of the interest rate. Therefore, if the interest rate and the inflation rate are equal, the value of money through time remains constant.</u>

FV= PV*(1+i)^n

FV= 11,134* (1+0.04-0.04)^9

FV= $11,134

8 0
3 years ago
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