Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
Answer:
A.
Explanation:
Microprudential regulations refers to making sure that the balance sheets or "books" of individual institutions are robust to shocks. Meaning that the regulators that usually engage in this are focusing on the safety and soundness of each customer of a financial institution, by making sure the institutions do not close and the customers lose their money.
Well due to lack of effective advertising and no expertise or experience in the field you shouldn’t expect major profit.However when you get more experienced and build a name for your company you will make more profits.
You can get more share capital ect
Answer:
focus on a client-server model
Explanation:
In this scenario, the best advice that can be given would be to focus on a client-server model. Since almost all of the applications that will be used by the employees are server-based it would be best to focus on only implementing the minimum necessary hardware for the 30 employees. So much so that they are able to access the server correctly but without adding excessive hardware power that would simply be overkill. Since the company already has all the necessary LAN switches it would be fairly simple to connect all of these machines together and 50 Mbps is more than enough for data transfer.
