Answer:
E- Gender balance
Explanation:
Gender balance is an important consideration in having a good board for a number of reasons.
- Gender balance provides diversity of thought, contributing to better decisions being made. This diversity of thought contributes to better stakeholder representation as well as up to pace evolution with the market.
- Gender balance as well, brings together strengths more expressed in each gender. For instance, men are more objective and women function better at defining responsibilities
. Bringing together individual strengths, creates a stronger team and increases efficiency of the board.
- Gender diversity also increases access to various essential skills such as operational experience, knowledge of the industry.
Answer:
Total production for the current period is expected to be 7420 units.
Explanation:
The current production should be enough to meet the required units needed for the desired ending inventory and the units needed to meet the current sales after adjusting for the opening inventory of units that is available. Thu,s the current production requirement will be,
Production = Closing Inventory + Sales - Opening Inventory
Production = 263 + 7500 - 343
Production = 7420 units
If the return rate of the investment is higher than the interest earned while the money is in savings, it would make more sense to invest the money in order to earn higher returns.
Answer:
d.when the services are rendered without regard to when cash is received
Explanation:
Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.
Answer:
$3,003
Explanation:
Interest expense = Effective interest for first interest period × Period of time covered by adjusting entry.
Therefore:
Interest expense = $9,009 × 2/6 = $3,003
The adjusting entry will record interest for the two-month period conservatively which includes January and February, Year 1 in which It will include a debit to Interest Expense in the amount of $3,003.
Hence,
Dr Interest Expenses $3,003
The amount of interest expense that should be accrued by Maverick in an adjusting entry dated February 28, Year 1 is
$3,003
