Answer:
3, 1, 4, 2
Explanation:
The adjustment are required so that any change in any account would be recorded in the books of accounts
The steps to record the adjustments is as follows
3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc
1. Record the adjusting entries in the journal. Like supplies, insurance, rent, etc
For example, the adjusting entry for supplies account is
Supplies expense A/c Dr XXXXX
To Supplies A/c XXXXX
(Being the supplies expense is recorded)
4. Post the adjusting entries to the general ledger.
2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.
Answer:
licensing
Explanation:
Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.
Answer:
The correct answer is False.
Explanation:
The identification of risks and their subsequent management is one of the most important aspects in order to maintain control of a project. This allows the project manager to anticipate those situations that may compromise (or favor) the objectives, and define action plans for them in advance.
The first step in identifying risks is to define what a risk is. A risk is a known situation, which may or may not occur, and that if it occurs, will affect our ability to meet the objectives of the project (if it is negative it will be a risk, and if it is positive, an opportunity). Here it is important to highlight known, if we cannot define the situation we cannot consider it, and also the fact of being able to occur, which implies that the management of a risk will be affected by its probability of occurrence.
The identification of risks is developed during the planning phase, once we have defined the scope, the people involved in the project, the tasks to be carried out, and the schedule. Having these well-defined aspects is important because the risks must be related to a particular task (or group of tasks), and may arise from aspects related to the team or time.
The correct answer is D) environmental forces.
The sales department of a consumer products organization realized that its rivals were adopting new customer relationship management software to keep better track of their prospects. The director of the sales department decided it would also purchase the CRM software to keep up with its rivals. This is an example of environmental forces affecting business buying behavior.
The environmental factors within an organization are technological, cultural, social, economic, demographic, operational, legal or political factors. They could be internal or external. These factors affect buying decisions of the company and that is why the director of the sales department wants to buy the CRM software to compete with its rivals and maintain good customer relationships.
The other options of the question were A) consumer forces, B) individual forces, and D) organizational forces.
Answer:
e. As they are generally defined, money market transactions involve debt securities with maturities of less than one year.
Explanation:
Statement E, As they are generally defined, money market transactions involve debt securities with maturities of less than one year is true.
Statement A is not true. It is primary market transaction.
Statement B is not true. Individuals can also participate in derivatives market transactions.
Statement C is not true. The IPO market is a subset of the primary market.
Statement D is not true. It is a direct transfer of capital.
