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3 years ago

What are four reasons to set a company purpose?

Business

2 answers:

kenny6666 [7]3 years ago

6 0

Measure Success.
Leadership Team Cohesion.
Knowledge Is Power.
Reassess Goals Mid-Year.

Source:google

Serga [27]3 years ago

6 0

If you are really wanting to then you should

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Which of the following is true of source documents in an accounting information system?

MA_775_DIABLO [31]

Answer:

a. Source documents provide control and reliability in an accounting information system.

Explanation:

The source documents are the documents that support all types of business transaction. It can be in terms of bank statement, purchase order, sales order, supplier invoices, etc. It can also known as vouchers

With the help of the source documents the accounting system provides the reliable and controlling of transactions

This is the first step to verify the transactions after that recording, posting of transactions could be done.

3 0

3 years ago

On January 1, 2018, Baddour, Inc., issued 10% bonds with a face amount of $168 million. The bonds were priced at $147.2 million

bagirrra123 [75]

Answer:

(A)Balance sheet

Bonds at September 30th

Bonds Payable 168,000,000

Discount on Bonds (20,152,000)

Interest Payable 12,600,000

Net 160,448,000

(B) Income Statment

Interest Expense 13,248,000

(C)Cash Flow Statment

Financing

Cash generate for Bonds issued 147,200,000

Explanation:

Jan 1st, 2018 168,000,000 face value

Issed at 147.2M for an effective rate of 12%

Discount of 20.8M

Bonds at September 30th

accrued interest expense: 147,200,000 x 12% x 9/12 = 13,248,000

interest payable: 168,000,000 x 10% x 9/12 = 12,600,000

amortization of Discount: 648,000

7 0

3 years ago

Expenses, Losses, Income and Gains are associated with______accounts.

GarryVolchara [31]

Answer:

Expenses, Losses, Income and Gains are associated with nominal accounts.

5 0

3 years ago

Read 2 more answers

Last year Acme paid Ralph $15,000 to install a new air-conditioning unit at its headquarters building. The air conditioner did n

Fynjy0 [20]

Explanation:

a. Ralph is in charge of the land, with an implicit right to payment in compliance with right doctrine (North American Oil Consol. v. Burnet (1932, S.Ct.) 286 US 414). This year, however, gross sales are made, although they may be reimbursed later.

b. Unless he returns money to Acme this year, Ralph will be able to claim a deduction of $5,000. Although Ralph originally paid the $1,750 tax on invoice and only saved $1,400 on the reduction of the refund and because the repayment timing resulted in an additional $350 tax. As the amount refunded to Ralph is more than $3,000 according to IRC§ 1341a. This is possible for Ralph to use the taxes accrued in the next year from the same refund to cover taxes. So Ralph will say a tax offset of $1,750 instead of a deduction of $5,000.

c.The sum of the deduction must be more than $3,000, according to IRC § 1341(a). Because Ralph spent just $2,500, he is not liable for tax reduction deductions, but can only claim a refund deduction.

7 0

3 years ago

When Ruth was hired by Graham Services Inc. to head its customer service operations, she was told that her role involved supervi

Degger [83]

Answer:

Management.

Explanation:

The organizational management function corresponds to the set of functions related to the control, planning, coordination and application of principles at all organizational levels, using the best strategy of analysis of human and financial forces so that integrated form the set that will help the company to achieve organizational goals and objectives.

Being a leader is not an easy task, it takes experience and an attitude towards solving the needs and supervision of employees through an ethical and respectful posture, as well as having the tranquility to deal with different people, as well as the skills to integrate technical and social processes of the organization.

4 0

3 years ago