Answer:
B) credit to Accounts Receivable for $1500.
Explanation:
The journal entry to record the given transaction is as follows
Cash $1,470
Sales discounts $30 ($1,500 × 2%)
To Account receivable $1,500
(Being the receipts of payment is recorded)
While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset
Answer:
Global economic crimes consist of a wide range of economic offenses and include different forms of financial crimes that are committed. Examples of global economic crimes are money laundering, tax evasion, improper use of tax havens, embezzlement and bribery etc.
Global economic fraud is a sub set of global economic crime and consists of those actions that are considered as an intentional act of deception for the purpose of making financial gains. A dishonest advantage is gained through acts of global economic fraud. Examples of global economic frauds are identity fraud, banking fraud, investment fraud, and fraud by abuse of position.
Companies should be concerned about global crimes and frauds as these acts of crime and fraud may put companies in a position of disadvantage in the long run. These acts will dilute some of the value creation activities that companies are pursuing and in the long run these acts will prove detrimental to the value creation objectives of companies. Further the acts of crime and fraud increase the risk scenario in which companies operate and hence the chances of losing money increase manifold.
Companies should address the issue of fraud and crime in a tangible manner and approach to tackle them on a heads on basis. To address the issues companies should firstly recognize fraud when they first see and encounter it. For this companies will require robust fraud risk assessment framework in place. When motivations are identified beforehand then better controls will be put in place by companies, thus significantly reducing the chances of fraud and crime.
The activity that consists of breaking a job into its component tasks and then analyzing each step for potential hazards is called Job safety analysis
<h3>What is
Job safety analysis ?</h3>
An approach called a Job Safety Analysis (JSA) assists in incorporating recognized safety and health principles and practices into a specific task or job operation. Each fundamental job step in a JSA identifies potential dangers and suggests the safest approach to do the task. Other names for this process include job hazard breakdown, hazardous task analysis, and job hazard analysis.
When referring to a specific job or task, such as "running a grinder," "using a pressurized water extinguisher," or "fixing a flat tire," the phrases "job" and "task" are sometimes used interchangeably. JSAs are not appropriate for positions that are too widely defined, such as "overhauling an engine," or too narrowly defined, such as "placing car jack."
To learn more about Job safety analysis from the given link:
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Answer: e. the lowest variable cost per unit that can reasonably be expected.
Explanation:
The lowest variable cost per unit that can reasonably be expected will be used in the computation of the best-case analysis of a project.
It should be noted that the lower variable costs will tend to increase the profit of a company under the best case analysis and therefore when it's being compared with other options, it's the correct option.
Therefore, the correct option is E.
Answer:
D The number of jobs in marketing is on the rise
Explanation:
