Answer and Explanation:
The journal entries are as follows:
1. Petty cash A/c Dr $150
To Cash A/c $150
(Being the establishment of petty cash is recorded)
2.
Entertainment expenses A/c Dr $70
Postage expense A/c Dr $30
Printing A/c Dr $22
To Petty cash A/c $122
(Being the reimbursement of petty cash fund is recorded)
Answer:
C. discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
Explanation:
Arguments for adopting a policy rule include;
- discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.
- discretion enables policymakers to change policy settings when an economy undergoes structural changes.
- discretion avoids the straightjacket that would lock in the wrong policy if the model that was used to derive the policy rule proved to be incorrect.
- policy rules can be too rigid because they cannot foresee every contingency.
- policy rules do not easily incorporate the use of judgment.
Answer:
A) affinity pattern
Explanation:
Affinity patterns show associations that occur among objects in the real world. These objects that show affinity patterns or association patterns are not complementary to each other and sometimes may not even be related to each other.
In this case, the fact that it is raining is probably what causes the 85% in cab service usage. If we analyze them separately, cab service and rain have nothing to do with each other, but when it rains more cabs are used.
Answer:
qualitative research
Explanation:
qualitative research deals with non-numerical data, it involves collection and analysing of data by open question method to gather in-depth information about the service/product situation from the respondent.
It should be noted that, Focus groups are qualitative research type research.
Focus groups can be as well regarded as market research, it is base on the logic of seeking the opinion, view, of people about a particular concept, product/services. It involves sourcing some number of people with purchase history or idea about a product to give "feedback".
Answer:
positions
Explanation:
All marketing strategies are built on STP, in which a company discovers different needs and groups in the marketplace, targets those it can satisfy in a superior way, and then positions its offerings so that the target market recognizes the company's distinctive offerings and images