Answer:
See answer below
Explanation:
In the books of Landen Consulting, the cash payment will be recorded as follows.
Debit Cash Account $400
Credit Account Receivables $400 (this would have been Revenue if the payment was made in the same month).
Since both accounts affected are assets account, the effect of the transaction on the accounting equation will be as follows.
Equity + Liabilities = Assets
Equity + Liabilities = Assets + Cash ($400) - Account Receivables ($400)
= Equity + Liabilities = Assets.
Answer:
Option A
Explanation:
comparing the return to the return on invested capital obtained by other firms in the industry
Option C talks about balancing Assets & liabilities
Option D talks about history of the firm without considering history of other rival companies
The type of recording system that the teacher is using in
counting the times that the student had raised their hands in his or her class
is the event recording, this type of recording system is a way of having to
document the behavior whenever the behavior has happened or it has been
triggered.
When income rises, demand for a normal good will go up and demand for an inferior good will go down (because people would rather spend their extra money on the normal/better products).
Answer: False
Explanation: it is false to say reporting directly to top management is not advisable for the Information Security Department Manager [or CISO] because it impedes objectivity and the ability to perceive what's truly in the best interest of the organization as a whole, rather than what's in the best interest of a particular department.
