Answer:
a respondent’s reason for not buying a particular product that was sent in the mail as a sample
Explanation:
Answer:
$5,500
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Adjustments to allowance required
= $15,000 - $9,500
= $5,500
The entries to be posted are
Debit Bad debt $5,500
Credit Allowance for Doubtful debt $5,500
Answer:
A static budget is one that shows estimated revenues and costs at multiple activity levels.
True
Which of the following is not typically found in a decentralized organization?
Asset center
Explanation:
Answer:
Nonprogrammed; reflective; programmed; reactive
Explanation:
Programmed decisions can be regarded as decision which involves well understood criteria when making it,. nonprogrammed decisions on the other hand can be explained as decisions which are novel, they are decision that does not have clear guidelines when trying to reach solution. rules as well as guidelines can be set up for programmed decisions by Managers when known fact is available because this will enhance in reaching
decisions quickly. It should be noted that While non programmed decisions will generally need to be processed via the reflective system in our brains in order for us to reach a good decision, with programmed decisions, heuristics can allow decision-makers to switch to the quick, reactive system.
Answer:
The conclusion we can draw is that businesses invest heavily on capital expenditures for future growth.
Explanation:
The equation of exchange is: M × V = P × Q, where:
M: the money supply
V: the velocity of money
P: the general price level
Q: the expenditures
Because V increase while P (no real growth in the economy mean the velocity of money is stable) and P are unchanged, Q must increase too. The increase is usually on capital expenditures.
