<span>Conflict
of interest is a very big issue when it comes to business because it may cause
wrong decisions. For example, you are business partners and each one of you
have different interests and ideas, thus you will not be able to formulate
better ideas and create a good business product. It is very important that in a
business, you and your business partner must agree in 1 idea and push it
through until it become a good product.</span>
Dangerous working conditions and long hours of factory jobs in the 1800s
The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).
<h3>How is an accrued expense recorded?</h3>
An accrued expense refers to an incurred outgoing that the service has been enjoyed previously and payment is due later.
According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.
Thus, the transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).
Learn more about recording accrued expenses at brainly.com/question/14524895
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The correct answer for this statement would be TRUE. In the Operational Risk Management or ORM, this involves the careful decision making and should be systematic when managing hazards that endanger naval resources and one of the steps is implement controls which include engineering c<span>ontrols, administrative controls, and personal protective equipment. Hope this helps.</span>
