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3 years ago

which of the following statements best describes why a client record system is called a "living" record

1 answer:

4 0

A living record is one that changes and grows over time, so because you will be constantly updated your system with new client info it is a "living" record of your client.

Examples of changes in a living record system are phone numbers, addresses, emails, etc.

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Dr. Ruiz shares equal responsibility and liability with her colleagues in their small business, which is a medical practice. Her

Brrunno [24]

Dr. Ruiz shares equal responsibility and liability with her colleagues in their small business, which is a medical practice. Her business is a general partnership. Compared to limited partnership, general partnership have unlimited liability and that general partners are liable to their partnership's obligations. The answer would be letter B.

5 0

2 years ago

Question 9 The Sunland, Inc. sold 9,120 season tickets at $2,100 each. By December 31, 2017, 16 of the 40 home games had been pl

MissTica

Answer:

The current liability at December 31st 2017 is $ 11,491,200.00

Explanation:

The total amount realized from the sale of tickets is $19,152,000.00

($2100*9120) which is a revenue received in advance , a current liability,however only 16 out of 40 games have been played at 31st December 2017, which implies that Sunland Inc is now entitled to recognize revenue for 16 games.

The revenue for 16 games is computed below:

$19,152,000.00 *16/40=$ 7,660,800.00

The necessary entries for this is shown below:

Dr Deferred revenue $7,660,800.00

Cr Sales revenue $7,660,800.00

This leaves a balance of $ 11,491,200.00 ($19,152,000.00 -$7,660,800.00) in the deferred revenue account, by implication the current liability at December 31st 2017 is $ 11,491,200.00

6 0

3 years ago

(Economics) Under what circumstances would corn be considered a commodity?

fgiga [73]

Answer:

C. If you traded it.

Explanation:

3 0

3 years ago

Ron, a businessman who invests heavily in the stock market, has suffered a serious loss with his latest venture. The very though

IRINA_888 [86]

Answer: Escape avoidance

Explanation:

Escape avoidance also known as avoidance coping, is an approach that is used to deal with stress related issues. Escape avoidance is a form of coping which involves the changing of one's behavior in order to avoid thinking or feeling things that makes the person uncomfortable.

Escape avoidance involves trying to avoid stress than dealing with them.

It is a great way to relieve stress. Ron hanging out with friends after his losses is trying to take his mind away from the losses and relieve his stress. This is escape avoidance.

5 0

3 years ago

What are the opportunity costs of going to the gym for a workout rather than studying for an economics test?

NARA [144]

Answer:

see below

Explanation:

Opportunity cost is the value of the forfeited benefits as a result of making a decision in a certain way. Decision making involves choosing one item over others. The cost or value of the option not chosen is the opportunity cost. The value of the forfeited option is the opportunity cost.

In choosing to go to the gym, the forgone activity is studying for the economic exam. The benefits associated with studying for the economic test is the opportunity cost. The value attached to the economic test, such as good grades, passing the test, or any reward arising from studying for the test, is the forfeited benefit and hence the opportunity cost.

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3 years ago