From the given scenario, it can
be inferred that Jake belongs to the information systems steering committee. <span>Steering committee make sure every IT project
supports business goals and objectives. It provides support, guidance and
oversight of progress. The committee is responsible for creating working groups
and choosing the right experts to complete a project.</span>
<span>I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.</span>
Raw Materials Inventory $XX Accounts payable
Answer:
$22,500 increase
Explanation:
The computation is shown below:
Variable cost per unit is
= ($165,000 - $44,000) ÷ 11,000 units
= $11
And, the Sales price per unit is $16
So, the Profit per unit is
= $16 - $11
= $5 per unit
Now the company income would be
= 4,500 units × $5 per unit
= $22,500 increase
Hence, the company income would be increased by $22,500
Answer:
C. A trial balance presents data in debit and credit format.
Explanation:
In trial balance, there are two columns namely debit columns and credit columns. The total of debit and credit columns should always be matched.
The debit columns records assets and expenses side whereas, the credit column record revenue, stockholder equity, and the liability side.
Therefore, option C is correct and the rest options are wrong.