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Marianna [84]
3 years ago
12

In your own words, discuss GAP management and then suggest a way to reduce the impact of its limitation. Do not duplicate limita

tions and solutions; that is, you can discuss the same limitation as a fellow student if you are able to suggest a different way of reducing the impact.
Business
1 answer:
vichka [17]3 years ago
5 0

Answer:

Gap management is a strategy which every business follows. A business can be successful only if it sets goals for its future.

Explanation:

Gap management is the difference between where an organization stands today and where it wants to be in future. A company's management will set its own targets and then sets position of the company. There are limitation of gap management as there can be targets which are sometimes unachievable or there are some external forces which hinders the business progress.

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An expense account normally has a ___________ balance.<br><br> A. Debit<br> B. Credit
swat32

Answer:

An expense account normally has a debit balance.

8 0
2 years ago
Amounts withheld from employee's earnings for employee income tax is considered a _____ by the employer until the government is
Komok [63]

Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid

What is liability?

Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.

In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.

The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.

Find out more about liability on:brainly.com/question/17090843

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Missing options:

(A) assets. (B) liabilities. (C) salary expense. (D) revenue.

7 0
2 years ago
If tom were married and his spouse was not working for pay, what would his 2021 taxable income be?
Sergeeva-Olga [200]

If Tom were married and his spouse was not working for pay, his 2021 taxable income would be a maximum 15% rate (20% in the case of high income taxpayers. Read below about who an income tax payer.

<h3>Who is an income taxpayer?</h3>

A taxpayer is an individual or corporation who pay taxes annually on their earning as per the provisions of the Income Tax Act. Once you file income tax returns and disclose your earnings, it becomes legal.

Therefore, the correct answer is as given above

learn more about a taxpayer: brainly.com/question/14582132

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6 0
1 year ago
Jeremiah Corporation purchased debt securities during 2021 and classified them as securities available-for-sale: Security Cost F
grin007 [14]

Answer: $0

Explanation:

Available-for-sale securities simply refers to the debt securities that are bought but with the intention that they'll be sold before they mature. They're typically reported at their fair value.

The gain that will be reported by Jeremiah Corporation in the December 31, 2021, income statement relative to the portfolio is $0. This is because for available-for-sale securities, there'll be no reports on holding gains or losses incurred.

4 0
3 years ago
Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi
emmainna [20.7K]
7 is the annual rate for 6 years
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3 years ago
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