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3 years ago

Please select whether below is true or false?

Business

1 answer:

Leya [2.2K]3 years ago

6 0

Answer:

True

Explanation:

Security awareness policy refers to the process of educating the organization's members about the importance and relevance of protecting the organization's assets. Nowadays, organizations put special emphasis on protecting IT since most "new" threats involve outsiders trying to steal or damage the organization's IT and its processes. Generally these policies include training programs designed to improve IT security and prevent security breaches. A good security awareness policy must also include ways to audit how the policies are been enforced and carried out.

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Prepare adjusting journal entries, as needed, for the following items. (If no entry is required for a transaction/event, select

Wewaii [24]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies expense A/c Dr $370

To supplies A/c $370

(Being supplies account is adjusted)

The supplies expense is computed by

= Supplies balance - supplies on hand

= $570 - $200

= $370

2. Insurance expense A/c Dr $190

To Prepaid Insurance $190

(Being prepaid insurance is adjusted)

3. Salaries expense A/c $1,280

To Salaries payable A/c $1,280

(Being salary is adjusted)

The salaries expense is computed by

= Total five days × number of days ÷ total number of days

= $3,200 × (2 ÷ 5)

= $1,280

4. Electricity expense A/c Dr $270

To electricity payable A/c $270

(Being electricity usage is adjusted)

7 0

3 years ago

The following data are from the accounting records of Niles Castings for year 2: Units produced and sold 80,000 Total revenues a

Kruka [31]

Answer:

Gross Margin = $ 115,000 Contribution Margin= $ 144,500

Explanation:

Nile Castings

Income Statement

Year 2

Sales Revenue $ 270,000

Direct Materials $63,000

Direct Labor $ 33,000

Variable Manufacturing Overheads $ 18,000

Fixed Manufacturing Costs $ 41,000

Gross Margin $ 115,000

Less Marketing & Administrative Costs

Fixed Marketing Costs $ 38,000

Variable Marketing Costs $ 11,500

Net Profit $ 65,500

Nile Castings

Income Statement Under Absorption Method

Year 2

Sales Revenue $ 270,000

Direct Materials $63,000

Direct Labor $ 33,000

Variable Manufacturing Overheads $ 18,000

Variable Marketing & Administrative Costs $ 11,500

Contribution Margin $ 144,500

Less Fixed Costs

Fixed Manufacturing Costs $ 41,000

Fixed Marketing Coss $ 38,000

Net Profit $ 65,500

3 0

3 years ago

Economic principles are generalizations relating to __________ tendencies in economic behavior or to the economy itself_______

DedPeter [7]

Answer: Average

Explanation:

Economic principles are generalizations relating to average tendencies in economic behavior or to the economy itself.

It is impossible to explain the individual choices people or companies make and yet it still needs to be done so that the economy can be studied and planned. For this reason economic principles use generalizations to study and explain the economy based on the behavior of the majority of people.

Essentially they are based on perceived rational tendencies of what is expected of people and firms. This is why some economic principles are supported by one group of economists and not by others. If the principles applied to all, it would not be the case.

4 0

3 years ago

Most people would rather give up their tvs or the internet than their mobile phones.

12345 [234]

ANSWER – TRUE

Most people would rather do away with their TVs or the Internet than their mobile phones. While for a fact, television remains the most used media, and the internet is fast catching up, surveys have shown that most people would still prefer to hold on to their mobile phones above these two.

5 0

3 years ago

The objective of _____ is to gather data about project usability, costs, benefits, and schedules.

Ivahew [28]

The objective of Fact-finding is to gather data about project usability, costs, benefits, and schedules.

<h3>What is a fact finding process?</h3>

Fact-finding is known to be a kind of a non-binding process or an act that entails a qualified impartial third party that tends to make some written findings of fact as well as recommendations for the solving or handling of any issue.

Note that All costs incurred of fact-finding are borne by the employer and the union and as such, The objective of Fact-finding is to gather data about project usability, costs, benefits, and schedules.

Learn more about Fact-finding from

brainly.com/question/14852724
#SPJ1

7 0

1 year ago