Answer:
C. Interest expense 90
Explanation:
In accrual method of accounting, expenses and revenue is recognised when they are incurred or earned and not necessarily when cash has gone out or come in.
Adjusting entries are used to recognise expenses or revenue at a particular period.
If Mama's pizza borrowed $6,000 in May 2021. Principal and interest is due in October 2021 (that is in 6 months).
The interest for the 2 months May and June will be calculated.
Accrued interest will be
I = principal* rate*time
I= 6,000* 0.09* 2/12
I= $90 for the 2 month period
Answer:
- <u>B. decreasing foreign expenses</u>
Explanation:
<em>Economic exposure</em> is the risk derived from the variation in the foreign revenues and expenses of the firm due to <em>exchange rate movements.</em>
If the<em> expenses are more sensitive to exchange rate movements than revenue</em>, means that a depreciation of the Mexican Peso would cause the expenses to increase more than revenue,
That means that the expenses would increase more than the revenue affecting the financial situation of the firm.
Hence, <em>to reduce the economic exposur</em>e, Old Main Co. should reduce its foreing expenses.
Answer:
Preference for doing one thing at a time.
Explanation:
Monochronic time has a simple direct explanation which means the preference of doing one thing at a time. This is directly seen in a managerial and business organisation system or bodies; as it affects working patterns and output of employees. In a world that is seen to be globalized, cultural attitudes and behaviours of people play a crucial role in business and role of output or success of a person. This is said to be so because of time perception tend to change peoples orientation and personal organisations towards meeting, work and some other social functions. The time a European appears to a meeting(on time or minutes before) is different from that of an African(minutes or hours behind schedule).
<span>Data cleansing or data cleaning is the process of detecting and correcting corrupt or inaccurate records from a record set, table, or database and refers to identifying incomplete, incorrect, inaccurate or irrelevant parts of the data and then replacing, modifying, or deleting the dirty or coarse data.Data cleansing is typically done before data is sent to a data warehouse.</span>
