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Hatshy [7]
4 years ago
14

Accruals occur when cash flows:(A) Are uncertain.

Business
1 answer:
Scorpion4ik [409]4 years ago
3 0

Answer: Option C

     

Explanation:

For accounting, accrual of something is the accumulation over a duration of time of benefit or specific investments. It has different accounts meanings in which it can apply to accounts on a financial statements that reflect obligations and non-cash assets used in accrual accounting.

Examples of typically accrued expenses include: loan interest that have not yet obtained a creditor invoice. Hence from the above we can conclude that the correct option is C.

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Wright Company recently petitioned for bankruptcy and is now in the process of preparing a statement of affairs. The carrying va
Nady [450]

Answer:

the total amount owed to general unsecured creditors is $71,000

Explanation:

The computation of the total amount owed to general unsecured creditors is shown below:

= Account payable + wages payable + taxes payable + interest on note payable + interest on bond payable

= $40,000 + $6,000 + $12,000 + $5,000 + $8,000

= $71,000

hence, the total amount owed to general unsecured creditors is $71,000

The same is to be considered

3 0
3 years ago
Olde Shoppe has the following information at August​ 31: times Two deposits made on August 31 were not on the bank​ statement, t
Reika [66]

Answer:

The adjusted book balance at August​ 31 is $13,824

Explanation:

The computation of the book balance is shown below:

= Cash balance + EFT payment on a note receivable +  interest on the note - forgot to record check -  check printing service fee  - NSF check

= $11,667 + $2,830 + $150 - $643 - $80 - $100

= $13,824

The remaining transactions would be adjusted to bank balance

3 0
3 years ago
​If the superior's job with a particular employee during a performance appraisal is simply to sit and listen and then have open
igor_vitrenko [27]
I’m not sure about the first one (my best guess is B.) but the second one is A.
3 0
3 years ago
What does the word Psychology means ?
nevsk [136]
Psychology is the study of behavior and the minds functions.
5 0
3 years ago
Read 2 more answers
There are many organizational features that can change the direction of the company. Some of these include processes, politics,
mel-nik [20]

Answer:

environmental

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;

I. Culture.

II. Processes.

III. Politics.

IV. Environmental.

V. Structure.

Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.

The internal and external elements such as government, competitors, customers, and suppliers that affect various parts of an organization are examples of environmental organizational feature.

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

On the other hand, external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

5 0
3 years ago
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