The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance is called : Adjusted trial balance
<h3>What is an adjusted trial balance?</h3>
Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.
An adjusted trial balance include:
- Adjustment for prepaid and accrued expenses.
- Depreciation
Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.
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Answer:
A. Assign one class to each row in a transaction.
C. Assign one class to an entire transaction.
Explanation:
You can use class tracking in QuickBooks to categorize sales and expenses according to different locations, classes or even divisions. E.g. if you are a retailer, you can classify your sales by classes like men's, women's and children clothes. Or you can also track your sales by online sales or sales made on a brick and mortar location.
You can also assign one class to an entire transaction in order to determine if it resulted in a gain or a loss.
Answer: See explanation
Explanation:
Price leadership is when a leading firm that is in a particular industry has enough influence such that it can determine the price of the goods in the market. There are three main models of price leadership which are the barometric price leadership, collusive price leadership and the dominant price leadership.
Barometric price leadership is when the price leader acts as the barometer of the prevailing market conditions for the other firms that are in the industry. In such case, when a company sets the price of the products, the other companies do the same.
The dominant price leadership model occurs when a firm has the large amount of market share in the industry.
The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.