HELLO,
the answer is liquid assets pay a lower yield than illiquid assets
Answer:
A) Functional departmentalization
Explanation:
Functional departmentalization -
The functional departmentalization , a specific organization is organized into various departments depending on the functions each of the department do , is known as functional departmentalization .
The advantage of Functional departmentalization is that it increases the efficiency of the organisation .
hence , from the question ,
The correct term according to the given information is Functional departmentalization .
Answer:
This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability
Explanation:
This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.
Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.
Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.
Answer:
A. His sending note was a thoughtful gesture
