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bixtya [17]
3 years ago
8

The law of demand is based on the observation that:________.

Business
2 answers:
Bess [88]3 years ago
8 0

Answer:

C

Explanation:

its C because if the price goes down for a product then you buy more of something you wanted to get more out of.

pentagon [3]3 years ago
7 0
The correct answer is C
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Select all that apply Describe data processing in accounting by selecting the correct statements below. (Check all that apply.)
lakkis [162]

Answer:

I. Batch processing accumulates source documents for a period of time and then processes them all at once.

II. Online processing enters and processes data as soon as source documents are available.

III. An advantage of online processing is timeliness.

IV. Accounting systems differ with regard to how input is entered and processed.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.

The correct statements that best describes data processing in accounting includes;

I. Batch processing accumulates source documents for a period of time and then processes them all at once.

II. Online processing enters and processes data as soon as source documents are available.

III. An advantage of online processing is timeliness.

IV. Accounting systems differ with regard to how input is entered and processed.

4 0
2 years ago
A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ
sleet_krkn [62]

Answer:a.

It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

Explanation:

A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individual who paid for the bond in cash and the bank placed this cash in its vault, by how much would the money supply change as a result  -  It would increase by $500,000 multiplied by the reciprocal of the required reserve ratio.

The money supply is the entire stock of currency and other liquid instruments circulating in a country's economy and is given by the formula:

MONEY SUPPLY = RESERVES X MONEY MULTIPLIER

Therefore the bank reserves increasing in the scenario will increase money supplier by the effect of the money multiplier or the reciprocal of the required reserve ratio.

5 0
3 years ago
Explaination about floating rate notes as a type of bond​
erastova [34]
Its a suspension bond
8 0
3 years ago
The following was paid out of the Petty Cash account: $200 for Office Supplies $100 for Delivery Expense $300 is needed to reple
SCORPION-xisa [38]

Answer:

Petty cash refers to a certain amount, which is kept by the company to spend it on small items related to the business.

Explanation:

The Journal entry is given below:

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3 years ago
What is one way to determine the credibility of a website?
Snezhnost [94]
Check if the website is biased or not
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