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choli [55]
3 years ago
12

Vivian, as a vice-president of marketing, is far removed from the research and development department. However, she keeps a clos

e eye on what is happening in R & D and tries to support good ideas whenever she can by removing unnecessary organizational obstacles. Vivian is a good example of
a. an inventor.b. a sponsor.c. a critic.d. an idea champion.e. none of these.
Business
1 answer:
pshichka [43]3 years ago
8 0

Answer:

B. A sponsor.

Explanation:

A sponsor offers help for a person or thing, normally by providing money.

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On September 1, Home Store sells a mower (that costs $200) for $500 cash with a one-year warranty that covers parts. Warranty ex
Makovka662 [10]

Answer and Explanation:

The journal entries are shown below:

On Sep 1

Cash $500  

          To Sales revenue $500

(Being the sale is recorded))  

On Sep 1

Cost of goods sold $200

         To Finished goods inventory  $200

(Being the the cost of mower sales is recorded)  

On Sep 1

Warranty expense (8% × $500) $40

         To Warranty liability  $40

(Being the estimated warranty expense is recorded)  

On Jan 24

Warranty liability $35

           To Repair parts inventory  $35

(being the cost of warranty repairs is recorded)  

6 0
3 years ago
Which of the following statements ignores the concept of opportunity cost?
frez [133]
Its C. All choices involve cost
5 0
3 years ago
Which one of the following statements is correct?
-Dominant- [34]

Answer:

b. Financial statements are frequently the basis used for performance evaluations.

Explanation:

The financial statements are the accounting reports of an organization, through these documents it is possible to analyze what is the financial situation of a company in the internal and external environment, what are its greatest strengths and weaknesses.

They are instruments for evaluating organizational performance because they provide essential information about the general accounting situation of a company, which ensures greater reliability for a manager to make a decision directed to correct a problem or strategic implementation to achieve a certain result. It also allows stakeholders to analyze essential data and information when deciding to invest or do business with a particular company.

8 0
3 years ago
Joe reconciles his checking account check register to the penny every month with the bank’s statement. After accurately recordin
sleet_krkn [62]

Answer:

Adjusted balance: 1,801 dollars

Explanation:

Bank statement balance:   1,921

outstanding checks            (300)

bank mistake                     <u>   180  </u>

adjusted bank balance      1,801

Cash account balance:      1,900

service charge                       (25)

Interest earned                          1

car insurance expense       <u>   (75)</u>

Adjusted Balance:               1,801

We adjust each party for mistake and unknow information.

The bank made a mistake and is unaware of the outstanding checks

Joe didn't know about the insurance amount, the service charge nor the interest thus, it need to record and adjust for this value.

5 0
4 years ago
Druganaut company buys a $21,000 van on credit. the transaction will affect the
Debora [2.8K]

Balance sheet.

The balance sheet shows assets, liabilities, and stockholder's equity. Buying the van on credit would be a liability.

5 0
3 years ago
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