Answer:
Regular basic saving accounts
Explanation:
Rainy day fund is called a type of basic regular saving accounts. This account contains around 500 dollars to 1000 dollar It is like a payday loan. It is a type of liquid or we can say that it is like cash.
It is best in a bank account. such as saving account to pay the daily basis debts. Here people can access their money very quickly. When it is spent, you can again start to save for the future happening again.
Answer:
carrying value after 2 years = $967.64
Explanation:
the journal entry to record the purchase of the bond:
Dr Investment in bonds 1,000
Dr Premium on investment in bonds 41.60
Cr Cash 1,041.60
Assuming a straight line amortization, the yearly amortization = $41.60 / 9 years = $4.62 per year
carrying value at moment of purchase = $958.40
carrying value after 1 year = $963.02
carrying value after 2 years = $967.64
Known as <u>compliance-based ethic codes</u> these ethical standards emphasize preventing unlawful behaviour by increasing control and by penalizing wrongdoers.
Compliance-based ethical codes are those that outline moral requirements with an emphasis on preventing unethical activity by tightening regulations and punishing offenders. Integrity-based ethical codes are those that specify an organization's guiding principles and foster a culture that encourages moral behavior. A compliance-based code of ethics is created to ensure that the company and its personnel abide by all rules and regulations properly. The prevention, detection, and punishment of non-compliant conduct are three important components. For instance, Jeremy's compliance-based code might forbid his employees from materially misrepresenting the truth when acting in the course of their job.
Learn more about Compiance based Ethic code here:
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The opening balance are being added when creating a new
quick books data file for the existing company when there is a presence of
having chart of accounts that are provided to be customized that made opening
balances to be added.
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Answer: The correct answer is "C. An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning costs to other cost objects such as products or services.".
Explanation: The ABC costing model is a model that is based on the grouping into cost centers that make up a sequence of value of the products and services of the company's productive activity. It focuses its efforts on managerial reasoning in an adequate way the activities that cause costs and that are related through its consumption with the cost of the products. The most important thing is to know the generation of costs to obtain the greatest possible benefit from them, minimizing all the factors that do not add value.
