Klippert is best described as a SOLE PROPRIETORSHIP.
A sole proprietorship business is also called a one man business. In this kind of business formation, the owner of the business is responsible for starting the business and getting it ruining. The owner draws up the business plan, get the capital and see to the day to day activities of the business.
Answer: Maria has to change the listing price on a price change or extension form.
Explanation: Maria can do the last minute change but in order to do so she has to fill an extension form or change the price stated in the list price.
The answer to this question is to use the
Geographic segmentation when stocking condiment merchandise.
<span>Geographic segmentation is dividing the
market or consumers in terms of geography. An advantage of using geographic
segmentation is business and companies would help large companies to segregate
market and consider the differences of different countries. Also, in geographic
segmentation it allows the business to expand because the company can have a
marketing study on a specific area for using geographic segmentation.</span>
Answer:
The use of a trial balance:
a) This error will not cause the two sides of the trial balance to disagree. A compensating error has occurred, because the Cash Account should have been credited and the Salaries and Wages Expense debited with $600.
b) This error will cause the two sides of the trial balance to disagree. The amount debited is not the same amount credited. The Accounts Receivable should have been credited with $900, not the Service Revenue.
Explanation:
a) The trial balance ensures that the total values of the debit and credit sides agree. It shows that accounts have been correctly debited and credited in the general ledger, with equal amounts.
b) Compensating errors arise when two accounting errors offset themselves, because the same mistake made on the debit side is made on the credit side
Answer: Option D
Explanation: In simple words, temporary workers refers to an arrangement under which an individual is hired to perform a job for a specified period of time as per the needs of the employing organisation.
Hence in the given case, tax preparation company is a suitable form for temporary employees as they have few business clients and that too handled individually.
If some of the clients shifts to another firm then the subject firm can delpoy the temporary worker who was handling such client.
Thus, the correct option is D.
