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3 years ago

Which of the following is a good time management technique

Business

2 answers:

Sauron [17]3 years ago

4 0

A. Knowing how to prioritize

Zanzabum3 years ago

4 0

The correct answer is A. Knowing how to prioritize

Explanation:

Time management technique refers to strategies you use to manage your time appropriately, and in this way, complete tasks on time. Common time management techniques include to avoid multitasking, to organize a schedule with task and time, to stop procrastinating or getting distracting, and to prioritize.

In the case of knowing how to prioritize, this implies you organize the tasks you need to complete from most to least important or according to time limits, this guarantees you complete everything on time beginning by most immediate tasks; also, by using this technique you avoid spending time on tasks that are not important. Thus, form the options the one that is a good time management technique is knowing how to prioritize.

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Prepare the journal entry to record bad debt expense assuming Novak Company estimates bad debts at (a) 4% of accounts receivable

Novay_Z [31]

Additional information:

Novak Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $155,400 Allowance for Doubtful Accounts $3,890 Sales Revenue (all on credit) 800,700 Sales Returns and Allowances 50,330

Answer:

net credit sales = total sales revenue - sales returns and allowances = $800,700 - $50,330 = $750,370

accounts receivables = $155,400

allowance for doubtful accounts = $3,890 (credit balance)

A) estimated bad debts = 4% of accounts receivables = 4% x $155,400 = $6,216

since the current balance of allowance for doubtful accounts is $3,890, then the adjusting entry should be = $6,216 - $3,890 = $2,326:

Dr Bad debt expense 2,326

Cr Allowance for doubtful accounts 2,326

B) estimated bad debts = 4% of accounts receivables = 4% x $155,400 = $6,216

since the current debit balance of allowance for doubtful accounts is $1,470, then the adjusting entry should be = $6,216 + $1,470 = $7,686:

Dr Bad debt expense 7,686

Cr Allowance for doubtful accounts 7,686

8 0

3 years ago

Anita is conducting a country market assessment and is focusing on four key elements: distribution channels, transportation syst

tekilochka [14]

Answer:

infrastructure

Explanation:

Based on the scenario being described within the question it can be said that Anita is evaluating the infrastructure component. This component refers to the analyzing all of the physical facilities and systems that will be needed for the business within a certain market. This includes distribution and communication channels as well as the warehouses and facilities for the business' operations.

3 0

3 years ago

Concord Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per boo

matrenka [14]

Answer:

C. $23,950

Explanation:

Given the above information, the adjusted cash book balance is computed as:

Adjusted cash balance per books = Cash opening + Collection by bank - Bank charge check printing - NSF check

= $20,200 + $4,880 - $130 - $1,000

= $23,950

Therefore, the adjusted cash balance per books on August 31 is $23,950

7 0

3 years ago

How does a local water budget differ from the water budget of the whole earth?

Brrunno [24]

The way that a local water budget differs from the water budget of the whole Earth is that t<span>he local water budget is not balanced and the whole Earth is balanced.
Some societies in their local communities have more water than others, meaning that at the local level, these budgets are not equal, because some budgets are higher than the other ones. However, if you take a look at the budget for the whole planet, you will see that it is pretty balanced.
</span>

6 0

3 years ago

The basic goal in dealing with the problem of scarcity is

Fiesta28 [93]

Scarcity is to not have enough resources to fullfil a societies wants and needs. The 3 basic questions a society must ask inorder to deal with this are. what to produce? how to produce? and, for whom to produce? whoever answers those questions is how I societies economic system is decided. Though to answer your question in short, the basic goal of a society is to deal with scarcity, they achieve this by producing as much resources as possible with the little resources available.

6 0

3 years ago