A financial account that allows you to withdraw and deposit money using a check, debit card or ATM card is a ______

Alona [7]

Answer: b. must be respected if we are to function as complete, self-governing agents.

Explanation:

Privacy enables humans to be able to figure out who they are and what they want in life. By giving a person the right to privacy instead of interfering in their lives you are essentially giving them the power to make their own decisions and trusting them to do well with this right.

By respecting privacy therefore, humans are better able to function as complete and independent agents who can take charge of their own lives without having to worry about interference with the intent to influence.

4 0

3 years ago

What is the main difference between the equity and exchange philosophies of compensation?

kykrilka [37]

The equality pilosophy base on available budget, the exchange pilosophy is based on profit margins.

The equality pilosophy is based on fairness, the exchange pilosophy is based on employee value

3 0

3 years ago

Companies operating in a highly automated environment that produce many different products with varying levels of production sho

PSYCHO15rus [73]

Answer:

Activity based costing says that we must not absorb the Overhead cost on the basis of one absorption basis as this overhead is not generated as a result of this absorption basis(Machine hrs or labor hours). This use of one absorption basis is inappropriate (not fair allocation). We must find a fair basis that drives this cost. Upon investigation the management found that the total overhead cost suppose which is $1,050,000 can be divided into three cost pools (parts) and each part has a cost driver(a basis of allocation) which can be used to allocate this cost.The costs in the ABC system are allocated to unit product on more fair basis than the tradition absorption costing which only assume one fair basis for allocation of overhead costs. ABC criticizes traditional costing technique for using only one basis for absorption of Overheads.

Now following example will help you in understanding the difference between Absorptiion Costing and Activity based costing.

Suppose both Mr. A and Mr. B drank 5 glasses of juices. Each glass of juice costs $4. According to the Traditional absorption costing technique each individual must pay:

(5 Juices/2)*$4=$10

But ABC says its unfair, use a more appropriate basis for cost allocation. So upon investigating we came to know that Mr. A drank 3 glasses of juice and Mr. B drank 2 glasses of juice. So Mr. A must pay $12(3*$4) and Mr. B must pay $8(2*$4). This is more appropriate or fair basis of absorbing the overhead cost to each individual and is Activity Based Costing.

6 0

3 years ago

Ruby wants to change the size of the margins in her document. Which of the following is a command she might use to do so in her

vichka [17]

The answer is C. Page Setup

7 0

3 years ago

Read 2 more answers

On December 31, 2017, Extreme Fitness has adjusted balances of $960,000 in Accounts Receivable and $87,000 in Allowance for Doub

Paladinen [302]

Answer:

What amount would the company report as its net accounts receivable on December 31, 2017?

Accounts Receivable $873,000

Prepare the journal entry to write off the accounts on January 2, 2018.

Allowance for Uncollectible Accounts $ 26,000

Accounts Receivable $ 26,000

Assuming no other transactions occurred between December 31, 2017, and January 3, 2018, what amount would the company report as its net accounts receivable on January 3, 2018?

The same amount reported on December 31, 2017, if the company doesn't report any movement with the credit debtor there is nothing to do.

Has net accounts receivable changed from December 31, 2017?

The net accounts are the same there is not change in the balance because the write-off it's just a reclassification between the accounts, so the balance keep the same as before.

Explanation:

Accounts Receivable $873,000

The company reports as net accounts receivable the total amount on Accounts Receivable minus the total amount on the Allowance for Uncollectible Accounts which represent the amount of credit that won't be possible to collect, the result it's the total value on net accounts receivable.

Allowance for Uncollectible Accounts $ 26,000

Accounts Receivable $ 26,000

As the company just recognized the accounts not collectible, at the moment of the write off it's just a reclasification between the accounts of Allowance for Uncollectible Accounts and Accounts Receivable.

At this moment it's a certainly that the accounts won't be collected, that is why the entry is recorded.

6 0

3 years ago

A financial account that allows you to withdraw and deposit money using a check, debit card or ATM card is a _______ account.