Answer and Explanation:
The journal entries are shown below:
On Aug 1
Short-term investments $70,000
To Cash $70,000
(Being the short term investment is recorded)
Here short term investment is debited as it increased the asset and credited the cash as it decreased the asset
On Oct 30
Cash ($70,000 × 11% × 90 days ÷ 360 days) 1,925
To Interest revenue $1,925
(Being the interest revenue is recorded)
here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue
Here we assume 360 days in a year
False.
IRA = Individual Retirement Account
Companies that offer plans offer 401k.
Answer:
b. word of mouth
Explanation:
Word of mouth -
It refers to method of spreading any information orally from one person to another , is referred to as word of mouth .
The method is very efficient and accurate for the company , as it increases the marketing of the goods and services without the use of any efforts from the company .
As people tries to inform people in the neighbourhood and relatives about any good product and influences the other person to buy the same .
Hence , from the given scenario of the question ,
The correct option is b. word of mouth .
The correct answer to this open question is the following.
There are advantages and disadvantages to being an internal and external consultant. An internal consultant knows the company and the operations very well. It has some familiarity with people, systems, and processes. However, this makes it being subjective in its observations. AS an external consultant, you do not have this familiarity, but you are 10 percent objective, which means that you do not have biased in your observations and interpretations.
I think the role that is easier is the internal consultant because it knows the operation of the company. However, as I stated above, that element has its disadvantages.
The role I think I would prefer with no doubt is to be an external consultant. For me, this role would be more rewarding because I can be objective in my evaluation and recommendations.
