Answer:
TRUE
Explanation:
A financially responsible person has complete control of their finances. These people usually build a fund for unforeseen situations such as unemployment or an illness. Thus, responsible people have an ability to react quickly to problems. These people also know how to keep track of their investments. If a problem occurs in an investment, such as stocks, the financially responsible person will be able to reallocate their resources quickly to minimize their losses.
Control and money and custemurs if that isn't right sorry first time<span />
Answer: $150
Explanation:
Based on the information given in the question, the journal entry provided will be:
Debit Customer $1500
Credit Account Payable (Apple) $1350
Credit Commission income/Revenue $150
Therefore, the revenue that Amazon will recognize for the sale of one MacBook Pro is $150.
Answer:
No
Explanation:
An independent contractor is a business person or entity who works for an employer based on an agreed-upon contract which affords him the flexibility of choosing how and when he accomplishes a task. The employer has the right to control the results of his work but has little or no say on how and when the job is done.
An independent contractor is not bound to work specific hours dictated by an employer. When the sale's agent finds it difficult to close a deal or is unable to produce paperwork in a timely fashion, he cannot just be arbitrarily penalized by the broker. The broker could terminate the contract if the agent does not meet up to his requirements.
