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777dan777 [17]
3 years ago
14

Which of the following transactions would be recorded if using the accrual basis of accounting but not if using the cash basis o

f​ accounting? A. Paying off loans B. Purchasing inventory on account C. Collecting customer payments D. Borrowing money
Business
2 answers:
balu736 [363]3 years ago
6 0

Answer:

B. Purchasing inventory on account

Explanation:

The Purchase of inventory on account is not recorded when the cash basis of accounting is recorded but where as it is recorded when accrual basis of accounting is used.

tatiyna3 years ago
4 0

Answer:

Purchasing inventory on account

Explanation:

Purchasing inventory on account would be recorded if using the accrual basis of accounting but not if using the cash basis of accounting.

In case the purchases were made on credit accrual basis of accounting will be able to record it

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While preparing your risk responses, you identify additional risks. What should you do? Add reserves to the project to accommoda
saw5 [17]

Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.

Explanation:

Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.

It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.

8 0
3 years ago
Which of the following are the three major categories of resources?
geniusboy [140]

Answer:

E. Natural resources, Physical capital and Human capital

Explanation:

The above are the three major categories of resources because natural resources such as air, water etc are given by nature thus essential and constitute an important part of resources. Also, physical capital such as buildings, assets, motor vehicles etc are owned by a business or an organization to carryout daily business activities hence one of the major categories of resources.

Human capital is responsible for employing people to manage and control the natural resources and physical capital.

4 0
3 years ago
If the quantity supplied responds only slightly to changes in price, thenA. supply is said to be elastic.B. even a large decreas
Murrr4er [49]

Answer:

D. supply is said to be inelastic.

Explanation:

When the change in the quantity supplied of any good is less sensitive due to change in the price, then the supply is known as the inelastic and If the quantity supplied responds only slightly to changes in price, then supply is said to be inelastic.

6 0
3 years ago
2. The Oil Producing and Exporting Countries (OPEC) is an example of A
Lynna [10]

I believe that it is b the cartel

7 0
3 years ago
Your Competitive Intelligence team is predicting that the Digby Company will invest in adding capacity to their Deal product thi
Anika [276]

Answer:

13,288

Explanation:

The computation of the amount that industry produced in the core segment is shown below:

It can be determined in two ways i.e.

= 6,444 + 6,444

= 13,288

And, the other method is

= 6,444 × 2

= 13,288

In both the methods, the answer would remain the same

Hence, the 13,288 should be produced by the industry for the next year production

8 0
4 years ago
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