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Contact [7]
3 years ago
12

Different customer statement types are available to suit different client situations. Heather wants to help her client send out

a statement that reflects all unpaid invoices, unapplied payments, and Credit Memos. Which statement type should she choose?
a. Balance Forward
b. Open Item
c. Transaction Statemont
d. Client Open Balance
Business
1 answer:
motikmotik3 years ago
8 0

Answer: b. Open Item

Explanation:

The statement that Heather wants to help a client send out is to include unpaid invoices, unapplied payments, and Credit Memos which are essentially signs that the creditor has not been paid.

An open item statement would therefore work best because it is to include open accounts that are yet to be paid so will include all those entries described above.

You might be interested in
What costs are incurred in developing strategic alliances? how can these costs be managed?
kifflom [539]

There are various costs incurred by the organizations  at the time of strategic alliance are the costs like

Inventory management costs, human resource management cost, processing cost  general forecasting and miscommunication costs, product cost, maintainence cost, equipment cost, quality issues and  controlling cost etc. costs  are incurred.

All of  the above given costs are to be effectively managed by both the firms. These costs could be managed by having a detailed budgeting, planning, accurate forecasting and analysis of the environments of the organization.

Knowing  it beforehand that  what you are going to do in your organization, you can pre plan the requirement of the resources to achieve them accordingly.

By forecasting as well as studying about the organization, you can also have an estimate  of the idea regarding how well you are performing or not and thus can take right decision to invest and control the costs to have a good rate of success.

To know more about the strategic alliance here:

brainly.com/question/14014533

#SPJ4

7 0
2 years ago
Suppose that there is currently a $2 per bottle of tax on vodka that is levied on consumers. Legislators have decided to give co
Nadusha1986 [10]

Answer:

There is no change in consumers' or producers' well being

Explanation:

Currently consumers of vodka were levied tax of $2. However, government decided to provide tax relief to consumers and shift the burden on producer. There will be no change in the well being of consumers and producers.

Tax is a cost that shifts demand curve if consumers pay tax. Supply curve shifts if producers pay tax. The overall effect, however remains the same. If producers pay tax, cost per unit vodka will increase which will be reflected increased prices. Similarly, if consumers pay tax, they will demand lesser. so there is no change overall.

5 0
3 years ago
A disadvantage of the rate of return method is that it:________.
vodomira [7]

Answer:

Opposite of C.

Explanation:

A disadvantage there should be that it does not take into account the time value of money

4 0
3 years ago
A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firm’s production process more efficient which
Alexeev081 [22]

Answer :

The equivalent annual annuity of GSU-3300 = 6,520.30

Explanation :

The computation of the equivalent annual annuity of the GSU -3,300 is shown below:

As per the data given in the question,

For GSU-3300, Cash flow =$25,010

Time = 8 years

Cost = $99,984

For UGA-3300, Cash flow = $28,975

Time = 9 years

Cost $123,069

Based on this,

The equivalent annual annuity of GSU-3300 is

= -$99,984 × 9.63% ÷ {1 -1 ÷ (1 + 9.63%)^8} + $25,010

= 6,520.299

= 6,520.30

7 0
3 years ago
A mutual fund invested in bonds with medium-length maturities. As the bonds matured, the fund reinvested the proceeds and purcha
vekshin1

Answer:

III and IV

Explanation:

As if the greatest the number of years for maturity, the chances of the risk is high also the long term bonds contains the high rate of interest as compared with the medium or short term bonds

Also if the fund replace with the medium to long term so the rate of interest could be highly charged that earned more income also if the rate of interest is increased the yield also increased

So based on the given option, the third and fourth option is correct

5 0
4 years ago
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