Answer:
ALL
Explanation:
All of the following is true about a "credit"
I. It is part of the double-entry procedure that keeps the accounting equation in balance because, double entry is made up of 'debit' and 'credit' as the principle states: 'credit the giver and debit the receiver' hence, in order for the accounting equation to be balanced, every debit must have a corresponding credit
II. It represents a decrease to assets because just like the principle states: 'credit the giver and debit the receiver', it therefore implies that a 'credit' entry will decrease the balance on the account because it is giving.
III. It represents an increase to liabilities because liability accounts already have credit balances by nature, therefore a 'credit' entry will be increasing the already existing credit balance.
IV. It is on the right side of a T-account. This is a true statement because in T-account construction the debit is on the left and the credit on the right.
Answer:
b. False
Explanation:
The product liability law is weak in developing countries due to its improper implementation while in many countries the law has not been implemented. the customers are not aware about the law and also government efforts does not meet the actual need of the law.
Answer:
FV= $362,857.42
Explanation:
Giving the following information:
Initial investment (PV)= $270,000
Number of periods (n)= 5*2 = 10 semesters
Interest rate (i)= 0.06/2 = 0.03
<u>To calculate the future value (FV), we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^n
FV= 270,000*(1.03^10)
FV= $362,857.42
Planning is one of my strengths, but it does depend on ones ability to get things together, and be fast and com up with things in the spot , it is a powerful and important duty to uphold , but definitely one of my strengths
One of my weaknesses is organizing , keeping things in there order is not a specialty of mine although I do like it when things are where they are supposed to be, but me personally I don’t find organizing to be one of the most important things
Answer:
The survey would have happened during the stage of idea screening
Explanation:
The idea screening process involves comparing and contrasting potential new products in order to determine which of the ideas are a perfect fit for the business giving its current resources, strengths , opportunities ,threats or limitations of the business.
At this stage of product development,the over-aching aim is to pick the products could be best invested that yield positive in a short while rather picking all available options that might drain the resources available and not yield commensurate returns.
