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OLga [1]
3 years ago
13

Credit sales are recorded by crediting an accounts receivable.

Business
1 answer:
Anna35 [415]3 years ago
8 0
The answer to the sentence above is false based on the transaction above. Account Receiveable is an asset account which has "debit" as its natural balance. Recording credit sales will increase the account receivable balance and sales balance, thus an increase in account receivable balance occurs on the debit side.
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porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledg
PilotLPTM [1.2K]

Porter’s competitive strategies that are appropriate responses respectively

1) Differentiation 2) Focused-differentiation

3) Cost-leadership  4) Cost

<h3>What is porter’s competitive strategies ?</h3>

Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.

One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.

Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.

The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.

To learn more about porter’s competitive strategies

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5 0
1 year ago
The All-Star Basic Value Fund's portfolio is valued at $250 million. The fund has liabilities of $23 million, and the fund’s net
svetoff [14.1K]

$13.27 is the fund's number of shares outstanding

Solution:

Given,

The All-Star Basic Value Fund's portfolio is valued at $250 million

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Now ,

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NAV = ($250 million - $23 million)/17.1 million = $13.27

$13.27 is the fund's number of shares outstanding

8 0
3 years ago
When members of the buying center agree to consider ibm, dell, and hewlett-packard in purchasing new computers because they are
Kipish [7]
<span>Identification of vendors</span>
5 0
3 years ago
What form of money has been used the longest and over the widest
lianna [129]

Answer:

the Cowry Shell

Explanation:

The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.

However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.

Hence, in this case, the right answer is THE COWRY SHELL

4 0
3 years ago
Instead of assigning access for each user account individually, ________ is a more efficient and easier-to-manage approach. Cent
katovenus [111]

Answer:

Role-Based Access Control (RBAC)

Explanation:

Instead of assigning access for each user account individually, Role-Based Access Control (RBAC) is a more efficient and easier-to-manage approach.

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Hence, access need not be assigned for each user individually.

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3 years ago
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