Answer:
Debit Encumbrances with $6,000
; and Credit Budgetary Control also with $6,000
.
Explanation:
Encumbrance accounting is an accounting technique that is mainly employed to ensure that overspending of the taxpayers' money is avoided.
The journal entries will appear as follows in the book of the City of Grand Marais on May 6 as follows:
<u>Details Dr ($) Cr ($) </u>
Encumbrances 6,000
Budgetary Control 6,000
<em><u>To record the approval of a purchase order for supplies</u></em>
Answer:
b. the offeror.
Explanation:
The offeror is the person who offers something while the offeree is the person who accept the offer provided by the offeror
Now in the case of acceptance, the proper mode of offer up and the till the offer would be accepted is created by the offeror as without offering the offer could not accepted
Therefore as per the given situation, the option b is correct
Answer:
Nominal exchange rates adjust for the effects of inflation.
Answer:
The correct answer is Holistic marketing.
Explanation:
Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.
With this strategy, it is possible to increase the value perceived by all parties, obtaining a high level of quality in the processes and a growth in the share of customers thanks to loyalty. Many times the term is used to refer to 360º (multi-channel) or blended marketing techniques, but in reality it is an expanded value management.
