Answer:
The Buy American Act
Explanation:
The Buy American Act (BAA) of 1933 requires that American government entities prefer US manufactured products. The law was signed by President Hoover on his last day at office during the Great Depression.
This law only applies to the purchase of products, not services. It requires that government entities must purchase domestic products or products from a list of authorized countries over a certain threshold, which is currently $3,500.
Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000
The materials that helps you achieve your goals are called :
Resources
Example of resources are :
- Capital
- Connection
- Skilled workers
hope this helps
The answer would be : Controlling
Here are the 4 primary functions of management :
- Planning (such as making strategies for a long term goal)
- Organizing ( to make sure that the company's on track to achieve it goal)
- Leading ( making decisions for the company)
- Controlling ( Assigning all your resources in order to maximize its potential)
