Answer:
Failing to match the communication medium (or channel) with the intended outcome.
Explanation:
Communication can be defined as the process of sending information. It involves sending of clear and concise messages from one person to another or from one group to another, messages could be represented in the form of signs or symbols.
Communication medium can be described as a means of transmitting information to the receiver. Some communication channels include:
1) Through the use of documents passed by series of reports and presentation.
2) Through the use of messages passed by emails and letters.
3) Through the use of images passed by graphical representation.
In the scenario above, Mike failed to use the right communication channel to inform the employees about their new benefit offering.
Answer:
a. No journal entry required.
Explanation:
a. No journal entry required.
b. No journal entry required.
c. DR - Rent Expense - $20
CR - Cash - $20
d. Cash (DR) 7,955
DR - Collection expense - $45
CR - Notes Receivable - $8,000
e. DR - Accounts Receivable-E. Shaw - $ 805
CR - Cash - $805
f. DR - Misc Expenses - $25
CR - Cash - $25
g. No journal entry required.
i. No journal entry required.
Answer:
Option A is correct.
deficit; negative
Explanation:
In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade <u>deficit </u>and <u>negaive</u> net capital outflow.
This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.
