Answer:
C. Public folders
Explanation:
A public folder is a folder that is a way that information and files can be shared quickly and easily with multiple users and groups.
In using public folder, the user simply has to move or copy a file into a public folder to make it accessible.
It is designed for shared access and to provide an easy and effective way of sharing information with other people especially in a workgroup.
Potential output or potential GDP is also known as Full-employment GDP.
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What do you understand by Full-employment GDP?</h3>
Full Employment GDP is the fictitious GDP level that an economy would reach if it reported full employment or the GDP level that would result in zero unemployment. An economic scenario known as full employment occurs when all of the labor resources are being utilized as effectively as feasible. The term "full employment" refers to the maximum possible level of both skilled and unskilled workers in a given economy. Or more people will be required to produce the goods and services the more the economy produces. However, there will come a point at which all resources are used up and no more output can be created.
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Answer:
The journal entries are as follows:
(i) Insurance expense A/c Dr. $160
To prepaid insurance $160
(To record the insurance expense)
Workings:
Insurance expense = cost of insurance policy ÷ 36 months
= $5,760 ÷ 36 months
= $160
(ii) Advertising expense A/c Dr. $1,160
To prepaid advertising $1,160
(To record the advertising expense)
Workings:
Advertising expense = cost of advertisement ÷ 24 months
= $27,840 ÷ 24 months
= $1,160