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Galina-37 [17]
3 years ago
10

What is considered a liability in finance and why is it being used?

Business
2 answers:
garri49 [273]3 years ago
8 0

A liability is something a person or company owes, usually a sum of money. ... In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date

iVinArrow [24]3 years ago
4 0

Answer:

A liability is something a person or company owes, usually a sum of money. In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date.

Explanation:

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B. High performances work practice

Explanation:

High performance work practices are actions that tend to improve an organization's or a company's effectiveness and efficiency. They are practices structured to promote employees knowledge, improve commitment and motivate them. It involves investing in human power aimed at developing necessary skills, knowledge, techniques, and so on. In this scenario, Steve is trying to motivate and retain members of his organization by carry out high performance work practices like inhouse technical training and reimbursing tuition fees for employees who take relevant college courses.

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ABC Bank requires a 20% down payment on all of its home loans. If a house is priced at $165,000, What is the amount of the down
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The answer to your question is going to be D: 29,000
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3 years ago
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A group of fifty homeschooling parents in New Jersey get together and form a nonprofit membership organization for the purpose o
Furkat [3]

Answer: Cooperative

Explanation:

A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.

A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.

4 0
4 years ago
You need to resolve a disagreement between two subordinates who want to take their vacation at the same time, but you need one o
BigorU [14]

You need to send email and schedule a meeting to handle this disagreement.

<h3><u>How to handle such disagreements ?</u></h3>
  • In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
  • The points you can follow are:
  • 1. Identify the conflict's root cause.
  • 2. Go somewhere private and safe to discuss.
  • 3. Actively listen to what everyone has to say.
  • 4. Examine the problem.
  • 5. Find solutions to achieve the shared objective.
  • 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
  • 7. Assess the situation and determine future preventive measures.
  • Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
  • The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.

To view similar question on handling disagreement, refer to:

brainly.com/question/12752561

#SPJ4

3 0
2 years ago
company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 3
olganol [36]

Answer:

Company A

The cost assigned to Ending Inventory under periodic inventory system and based on the weighted average method is:

= $465

Explanation:

a) Data and Calculations:

                                                        Units     Unit Cost  Total Costs

Beginning inventory on January 1   320        $ 3.00      $960 (320 * $3.00)

Purchase on January 9                      80           3.20         256 (80 * $3.20)

Purchase on January 25                  100           3.34          334 (100 * $3.34)

Total                                                  500         $3.10     $1,550 ($1,550/500)

Units sold                                        -350          $3.10    -$1,085 (350 * $3.10)

Ending inventory                             150           $3.10       $465 (130 * $3.10)

3 0
3 years ago
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