Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
- accrued revenues
- accrued expenses
- unearned revenues
- prepaid expenses
- depreciation.
Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Answer:
The correct answer is letter "D": the unit product costs of high volume products typically decrease and the unit product costs of low volume products typically increase.
Explanation:
Activity-Based Costing is a managerial accounting method that assigns certain indirect costs to the products incurring the bulk of those costs. Activity-Based Costing is primarily used in the manufacturing sector to make a better calculation of the real cost of production per unit. Unit product costs of high-volume products typically decrease and unit product costs typically increase with low-volume products after adopting the activity-based costing system.
The answer to this question is bonds. Bonds are an
investment type where in investors’ gains a fixed-income over their
investments. Bonds are less risky because the return of investment is in a
fixed rate and this is less vulnerable to price swings in the stock market.
Answer:
Change in demand by a smaller percentage compared to percentage change in price.
Explanation:
As demand is inelastic, a rise in price will not have an immense effect on the quantity demanded as consumers are not sensitive to the demand due to inelasticity.
Answer:
True
Explanation:
Welfare is the provision of social and economic support to individuals and families in society. The intention is to help mitigate their suffering. The governments run welfare programs using public funds.
Social welfare will involve the provision of assistance through programs such as healthcare, unemployment compensation, and food stamps. It also includes education assistance and disaster relief. Direct aid is in the form of food aid, provision of housing, and child well-fare support.
Economic welfare has finance aspects. It includes cash transfers to the elderly and people with severe disabilities. Tax relief and incentives are forms of economic welfare. In times of calamities, governments may give direct financial aid to victims.
