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Lapatulllka [165]
3 years ago
9

Which of the following would have a low likelihood of being organized as a profit center? A maintenance department that charges

users for its services. Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city. The mayor's office in a large city. A movie theater of a company that operates a chain of theaters. A maintenance department that charges users for its services.
Business
2 answers:
Nina [5.8K]3 years ago
6 0

Answer:

B

Explanation:

Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city.

amid [387]3 years ago
6 0

Answer:

The correct answer is letter "B": Both the billing department of an Internet Services Provider (ISP) and the mayor's office in a large city. The mayor's office in a large city.

Explanation:

Profit centers are units within a company that operate as a small separate entity because it can generate its own profits. These units possess the management of a representative and a basic hierarchical structure. An example of a profit center is the sales department of a business.

In such a way, <em>the billing department of an Internet Service Provider (ISP) does not generate revenues by itself since it is in charge of collecting debt but not producing it.</em>

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The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0
3 years ago
Read 2 more answers
During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0
3 years ago
1. The highest risk for the exporter is in a. Letter of credit c. Advance payment b. Bill of exchange d. Consignment sales ​
Sergeu [11.5K]

Answer:

1. The highest risk for the exporter is in

d. Consignment sales.

Explanation:

a) A consignment sale is not an actual sale.  The risk remains with the exporter until the consignee has sold the goods and remitted the required amount to the consignor (exporter).  With a letter of credit, the exporter has made an actual sale guaranteed for payment by the importer's bank.  With advance payment, the exporter has received some payment for the goods before the importer receives them.  With a bill of exchange, there is a formal instrument acknowledging the sale.  Therefore, a bill of exchange, letter of credit, and advance payment are used for actual sales, while consignment sale is for transfers of goods for sale.

5 0
3 years ago
The decision to change the international pages of the CH2M Hill website was a decision that took a great deal of thought and dis
Advocard [28]

Answer:

The effectiveness of any decision making process can only be evaluated after the decision was made and depending on the results. The unstructured decision making process is carried out when there is no other apparent alternative that can work. The problem with this type of solutions is that they are new and untested, which means that there is the possibility of being a great choice or a great mistake.

In Ch2M's case, the unstructured decision making process included the whole website team because they it was a way of distributing responsibilities in case the decision wasn't the best.

That is the problem with this type of process, the person that makes the decision will be held responsible for the results and the whole process is actually new, but necessary since there is no other alternative. Personally, I believe that this type of decision process should be taken only as a last resort.

4 0
3 years ago
A list of fi nancial statement items for Chin Company includes the following: accounts receivable $14,000, prepaid insurance $2,
Arturiano [62]

Answer:

Explanation:

Data provided in the question:

Accounts receivable = $14,000

Prepaid insurance = $2,600

cash = $10,400

supplies = $3,800

Debt investments (short-term) = $8,200

Now,

Balance sheet listing the items in the proper sequence is as follows

Current Assets                              Amount

Cash                                                 $10,400

Debt investments (short term)        $8,200

Accounts receivables                      $14,000

Supplies                                            $3800

Prepaid Insurance                            $2,600

=================================================================

Total current assets                         $39,000

6 0
3 years ago
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