Answer:
The correct answer is letter "B": after the financial statements are prepared.
Explanation:
A closing entry is a journal entry after the preparation of the financial statements, at the end of an accounting period. This closes a temporary account and moves all the information either to a permanent balance sheet or to the income statement. Temporary accounts include revenue, expenses, and dividends and must be closed at the end of the year.
Answer: Technology Assessment
Explanation: Technology is defined as "science or knowledge applied to a definite purpose." Technology assessment refers to a policy research that applies to long and short term consequences if the technology is implemented.
Acme is looking to hire a technology with a specific purpose of security of its client. So here, Acme is looking for technology assessment.
Answer:
<u>1.</u> Quality, Inventories, and Processes.
Explanation:
Answer:
The quarterly deposit required is $ 20,578.36
Explanation:
in order to determine the needed quarterly deposit, we make use of pmt formula in excel, which is given as :
=-pmt(rate,nper,-pv,fv)
rate is the rate of return on the deposit at 8% per year but 2% per quarter(8%/4)
nper is number of deposits required in the fund,which number of years ,5 multiplied by 4(4 deposits per year)
pv is the present of the value of the future amount which is zero as it is not required.
Fv is the amount expected in 5 years which is $500,000
=-pmt(2%,20,0,500000)
pmt= $20,578.36
