Answer:
Paying salaries to employees is a cash out flow and an operating activity
Receiving cash for services it will perform in the future is a cash inflow and an operating activity
Pays back principal on a bank loan evidenced by a promissory note is a cash outflow and a financing activity
Sells equipment previously used in business for cash is a cash inflow and an investing activity
Cash purchase of equipment to be used in business is a cash outflow and an investing activity
Payment of cash dividend to the stockholders in a cash outflow and a financing activity
Explanation:
ANSWER: C) People could not charge as many different prices for goods.
EXPLANATION: If a currency has fewer denominations, then it would be a problem to charge different prices for goods as the change will not be available. For example, if the country is having currency for only $ 50 and $100, then the products can not be priced at $5 or $10. Even the smallest item will have a minimum price of $50 which will be not be worth of. The price of the products will either decrease or increase drastically. Proper pricing of any product will not be possible and it will affect the common people.
Answer:
The correct answer is: Online transaction processing (OLTP).
Explanation:
The acronym OLTP stands for Online Transaction Processing. These procedures facilitate the management of transactional applications for data entry, recovery and processing. It is typical of operational databases, and the software packages used for these technologies are based on the client-server technique. These systems are often used by companies that enjoy a distributed computer network, such as the agents responsible for the supply chain, airlines, banks, industry, etc.
This system optimizes access to data, facilitating the tasks of reading, writing and analysis that are carried out frequently. OLTP procedures structure this data according to its level of application (custom management program, CRM or ERP implemented ...), in addition, they do not have to remain uniform in different departments due to the common lack of compatibility. Finally, they are characterized because the data history is limited to the present or to the most recent.
In this way, the systems of this technology record the business interactions that are produced throughout the daily operation of the organization, admitting the consultation of data for different interventions.
Answer:
The correct answer is letter "C": One tool of corporate governance is the use of accounting control systems.
Explanation:
Corporate governance includes the rules, practices, and processes a company counts on at the moment of handling its operations. Corporate governance walks hand-in-hand with the firm's management since thanks to the administration of the entity the corporate governance of a firm can be implemented.
<em>Accounting tools are part of the different systems a company selects to operate within its corporate governance.</em>
Answer:
Bond short has higher present value.
Explanation:
Below is the calculation of present value:
Present value calculation of bond long.
Future value = $1
Time = 20 years
Present value = Future Value (P/F, n, r)
Present value = 1 (P/F, 20, 5%)
Present value = 1 x 0.376
Present value = 0.376
Present value calculation of bond short.
Future value = $1
Time = 5 years
Present value = Future Value (P/F, n, r)
Present value = 1 (P/F, 5, 10%)
Present value = 1 x 0.376
Present value = 0.6209
Bond short has higher present value.