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djverab [1.8K]
3 years ago
5

​________ represents a debt owed for renting a building.A.Rent PayableB.Rent ExpenseC.Rent RevenueD.Prepaid Rent

Business
1 answer:
krek1111 [17]3 years ago
6 0

Answer:

A. Rent Payable

Explanation:

Rent Payable refers to an expense which is certain and is to be paid in future. It represents a debt in the sense that it is an obligation which is required to be met in the near future.

The journal entry for rent payable is recorded as follows,

Rent A/C                                                       Dr.

     To Rent Payable A/C

(Being rent payable recorded)

Rent Payable A/C is a liability while rent is an expense. Expenses are debited and liabilities are credited so as to recognize them.

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The CPI for this year was reported at 163.65. If inflation was 3.1 percent, what must the CPI have been last year
otez555 [7]

The consumer price index last year must have been 158.58.

<h3>What was the consumer price index last year?</h3>

The consumer price index is used to measure inflation. It does this by measuring the changes in the price of a basket of good.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

CPI last year = (100 - 3.1) x 163.65 = 158.58

To learn more about, consumer price index, please check: brainly.com/question/26382640

3 0
2 years ago
Which of the following is needed to implement the marketing concept?
Inga [223]

Answer:

According to my opinion all the given choices are right.

Explanation:

To implement the concept of marketing, the organization need to know,

a) Marketing strategy: A overall plan for reaching the customer

b) Research: research about what is need of the customer, their expectations, possibility of producing it, etc so that the product will run in the market successfully.

c) Identify competitive market: Yes this is surely need to run business and to have good challenge to improve and keep up the brand name

d) a plan for top management practices: Building up hierarchy shows the growth of the organization.

4 0
3 years ago
How is mutual accountability fostered? Select all that apply.
Gnesinka [82]

Answer:

The correct answer is letter "A": Team members share accountability for the work.

Explanation:

While talking about team formations, mutual accountability refers to the relationship that borns inside a group based on <em>trust </em>and <em>commitment </em>which makes them become a team. Accountability allows team members to give their opinions on the activities that hold them together which is likely to increase their engagement with the performance and collective results of the team.

3 0
3 years ago
What three activities accounted for wal-mart’s success once it began purchasing directly from manufacturers?
natulia [17]
When Wal-Mart started purchasing from the manufactures of products directly in 1980 it helped to grow the business into a major success. The three activities that helped build the success was more cost effective inventory management, distribution practices by having their own fleet of trucks, and supply chain efficiency which helped to save time. 
6 0
3 years ago
Who is most likely to have strong strategy implementation capabilities? A. Chong advocates promoting qualified people from withi
aniked [119]

Answer:

C. Nataly typically probes with tough, incisive questions

Explanation:

Strategy execution depends on management's ability to direct organizational change.

It includes the following steps:

1. pushing for continuous improvement in how value chain activities are performed

2. building an organization capable of executing the strategy

3. tying rewards directly to the achievement of strategic and financial targets and to good strategy execution

4. instituting policies and procedures that facilitate rather than impede strategy execution

From the given options, the correct answer is option C.

5 0
3 years ago
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